Cheaper 1998 Volvo S90 Car Insurance Cost

I really doubt anyone anticipates paying for auto insurance, especially when they are aware that their premiums are through the roof.

There are many insurers to pick from, and though it is a good thing to be able to choose, more choices can make it harder to find the best rates.

Take advantage of every insurance discount

Car insurance is not cheap, but there’s a good chance there are discounts that many people don’t even know exist. Certain reductions will be credited when you quote, but a few must be manually applied before they will apply.

  • Passive Restraint Discount – Vehicles with factory air bags or automatic seat belts may earn rate discounts of 20% or more.
  • Mature Driver Discount – Drivers over the age of 55 can get better insurance rates for S90 coverage.
  • Distant College Student Discount – Children living away from home attending college and do not have a car may be insured at a cheaper rate.
  • Discounts for Seat Belt Usage – Drivers who require all occupants to use their safety belts can save up to 15% off the personal injury premium cost.
  • Discounts for Government Workers – Active or former government employment could qualify for a slight premium decrease for S90 coverage depending on your company.
  • Theft Prevention System – Cars and trucks optioned with advanced anti-theft systems prevent vehicle theft and that can save you a little bit as well.
  • Early Signing – A few companies give discounts for buying a policy prior to your current policy expiring. The savings is around 10%.

Don’t be shocked that many deductions do not apply to the overall cost of the policy. Some only apply to the price of certain insurance coverages like collision or personal injury protection. Even though the math looks like adding up those discounts means a free policy, insurance companies aren’t that generous.

To see a list of providers with discount insurance rates, click here.

Ways to get auto insurance price quotes

There are a lot of ways to compare auto insurance quotes, and some are more efficient than others. You can spend your afternoon driving to insurance agencies in your area, or you can stay home and use the web to accomplish the same thing much quicker.

All the larger companies participate in an industry program where prospective buyers enter their policy data once, and each company provides a quote based on that information. This system prevents you from having to do form submissions to every company.

To find out how much you can save on auto insurance click here (opens in new window).

The only drawback to using this type of system is buyers cannot specifically choose which providers to receive prices from. So if you want to choose individual companies to compare rates, we have a page of low cost auto insurance companies in your area. Click here for list of insurance companies.

You can choose any of those ways to find more affodable coverage, but ensure you’re using exactly the same information with every price quote. If you enter unequal deductibles or liability limits it’s not possible to determine the best price for your Volvo S90. Even a minor difference in limits can mean a large discrepancy in price. And when quoting auto insurance, remember that getting more free quotes will increase your chances of finding a lower rate than you’re paying now. Not every company allows you to get online rate quotes, so you need to compare price estimates from those companies as well.

Volvo S90 insurance premiums can be more affordable

Part of the auto insurance buying process is learning a few of the rating criteria that help calculate the rates you pay for auto insurance. When you know what positively or negatively positively or negatively impacts your premiums, this allows you to make good choices that can earn you big savings.

  • Annual mileage impacts costs – The more miles you rack up on your Volvo annually the more you’ll pay to insure it. Most insurance companies charge rates based on their usage. Cars and trucks that are left in the garage get more affordable rates than those that get driven frequently. It’s a good idea to make sure your auto insurance declarations sheet shows the right rating data. Having the wrong rating on your S90 may be costing you higher rates.
  • Traffic violations inflate rates – Having a single driving citation can increase rates twenty percent or more. Careful drivers have lower premiums than their less careful counterparts. Drivers who have gotten license-revoking citations such as DUI, reckless driving or excessive speeding are required to submit a SR-22 or proof of financial responsibility with their state’s licensing department in order to continue driving.
  • Save money with high credit – Credit rating can be a huge factor in determining premium rates. Insureds with good credit tend to file fewer claims than drivers with poor credit scores. If your credit could use some work, you could pay less to insure your 1998 Volvo S90 if you improve your credit rating.
  • Discounts for married couples – Having a spouse can actually save you money on your auto insurance bill. Having a significant other generally demonstrates drivers are less irresponsible it has been statistically shown that married drivers get in fewer accidents.
  • Discounts for auto and home policies – Some auto insurance companies will award lower prices to buyers that have more than one policy such as combining an auto and homeowners policy. Even if you’re getting this discount it’s in your best interest to get quotes from other companies to verify if the discount is saving money.
  • Where you reside is a factor – Living in small towns and rural areas is a positive aspect when shopping for auto insurance. Fewer drivers corresponds to lower accident rates and also fewer theft and vandalism claims. People in densly populated areas have to deal with more auto accidents and longer commute times. More time on the road means higher likelihood of an accident.
  • Pay less with a high NHTSA crash test rating – Vehicles with high crash test scores tend to have lower insurance rates. Vehicles engineered for safety help reduce the chance of injuries in an accident and better occupant protection means lower claim amounts and lower rates for you. If your Volvo scored at minimum four stars on Safercar.gov you may qualify for a discount.

How to know if you need help

When buying coverage for your vehicles, there really is not a one size fits all plan. Coverage needs to be tailored to your specific needs and a cookie cutter policy won’t apply. These are some specific questions can help discover if your situation would benefit from professional advice.

  • What companies insure drivers after a DUI or DWI?
  • Should I buy more coverage than the required minimum liability coverage?
  • Is pleasure use cheaper than using my 1998 Volvo S90 to commute?
  • Is business property covered if stolen from my car?
  • What is an SR-22 filing?
  • Is business equipment covered while in my vehicle?
  • Are split liability limits better than a combined single limit?

If you can’t answer these questions, you might consider talking to an insurance agent. If you want to speak to an agent in your area, take a second and complete this form or go to this page to view a list of companies.

Auto insurance coverages 101

Having a good grasp of your policy helps when choosing the right coverages and proper limits and deductibles. The coverage terms in a policy can be ambiguous and reading a policy is terribly boring. Listed below are the usual coverages found on most auto insurance policies.

Comprehensive protection

This pays to fix your vehicle from damage that is not covered by collision coverage. You first have to pay a deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage protects against claims like hitting a deer, a broken windshield and hitting a bird. The most your auto insurance company will pay is the ACV or actual cash value, so if it’s not worth much more than your deductible it’s not worth carrying full coverage.

Coverage for collisions

This coverage pays to fix your vehicle from damage resulting from a collision with a stationary object or other vehicle. You have to pay a deductible then your collision coverage will kick in.

Collision can pay for claims like scraping a guard rail, driving through your garage door, rolling your car and sustaining damage from a pot hole. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from lower value vehicles. It’s also possible to choose a higher deductible to bring the cost down.

Liability coverages

Liability coverage can cover damages or injuries you inflict on other’s property or people. It protects you from claims by other people. Liability doesn’t cover damage sustained by your vehicle in an accident.

Split limit liability has three limits of coverage: per person bodily injury, per accident bodily injury, and a property damage limit. You commonly see policy limits of 25/50/25 which means $25,000 in coverage for each person’s injuries, a per accident bodily injury limit of $50,000, and property damage coverage for $25,000.

Liability coverage pays for claims such as repair bills for other people’s vehicles, pain and suffering and legal defense fees. The amount of liability coverage you purchase is a decision to put some thought into, but consider buying as large an amount as possible.

Uninsured or underinsured coverage

Your UM/UIM coverage protects you and your vehicle from other drivers when they do not carry enough liability coverage. Covered losses include hospital bills for your injuries and also any damage incurred to your 1998 Volvo S90.

Due to the fact that many drivers have only the minimum liability required by law, their liability coverage can quickly be exhausted. So UM/UIM coverage is important protection for you and your family.

Medical expense coverage

Med pay and PIP coverage pay for immediate expenses for doctor visits, pain medications, surgery, rehabilitation expenses and prosthetic devices. The coverages can be used to fill the gap from your health insurance program or if you do not have health coverage. They cover all vehicle occupants and also covers if you are hit as a while walking down the street. Personal Injury Protection is not available in all states and gives slightly broader coverage than med pay

Be a Smart Shopper

You just learned some good ideas how you can lower your 1998 Volvo S90 insurance prices. The most important thing to understand is the more quotes you get, the better chance you’ll have of finding inexpensive insurance coverage. Consumers could even find that the best prices are with an unexpected company. Regional companies can often provide lower rates in certain areas than their larger competitors like Allstate and Progressive.

As you go through the steps to switch your coverage, you should never skimp on critical coverages to save a buck or two. Too many times, someone dropped uninsured motorist or liability limits only to regret they didn’t have enough coverage. Your goal is to buy enough coverage at a price you can afford but still have enough coverage for asset protection.

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