Nobody rejoices having to buy insurance, especially when they are aware that they could lower their rates if they shopped around.
Shockingly, the vast majority of insurance customers have been with the same company for at least four years, and just under half have never quoted insurance rates at all. Most drivers in Virginia can cut their rates by about 45% a year just by comparing rates, but they feel it’s too difficult to find cheaper insurance by shopping around. Insurance companies such as State Farm, Allstate, GEICO and Progressive continually hit you with fancy advertisements and it can be hard to not get sucked in by the cute commercials and find the best price available.
You should make it a habit to quote other rates before your next renewal because prices go up and down regularly. Just because you found the lowest rate on Volvo XC70 insurance in Virginia Beach at your last renewal you can probably find a better premium rate now. You’ll find a ton of advice on XC70 insurance out there, but I’m going to show you some tested techniques to find affordable insurance in Virginia Beach.
If you already have coverage or just want to reduce your rates, use these techniques to buy cheaper car insurance while maintaining coverages. Locating the most cost-effective car insurance policy in Virginia Beach is not that difficult. Comparison shoppers only have to learn the most effective way to compare company rates on the web.
Affordable companies for Volvo XC70 insurance
The companies shown below can provide price quotes in Virginia. To buy the cheapest car insurance in Virginia Beach, VA, we suggest you visit several of them to find the lowest car insurance rates.
Volvo XC70 coverage statistics
The price information shown below covers estimates of insurance prices for Volvo XC70 models. Understanding more about how insurance prices are calculated is important to be able to make decisions on which insurance to purchase.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| XC70 3.2 AWD Station Wagon | $278 | $472 | $290 | $18 | $88 | $1,146 | $96 |
| XC70 T6 AWD 4-Dr | $278 | $542 | $290 | $18 | $88 | $1,216 | $101 |
| Get Your Own Custom Quote Go | |||||||
Data assumes married male driver age 30, no speeding tickets, no at-fault accidents, $100 deductibles, and Virginia minimum liability limits. Discounts applied include multi-policy, multi-vehicle, homeowner, safe-driver, and claim-free. Price estimates do not factor in specific Virginia Beach garaging location which can modify premiums significantly.
How high should deductibles be?
When comparing auto insurance rates, the most common question is at what level do you set your deductibles. The following insurance rates can help you understand the differences in price between high and low deductibles. The first data table uses a $100 physical damage coverage deductible and the second pricing table uses a $1,000 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| XC70 3.2 AWD Station Wagon | $278 | $472 | $290 | $18 | $88 | $1,171 | $98 |
| XC70 T6 AWD 4-Dr | $278 | $542 | $290 | $18 | $88 | $1,241 | $103 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| XC70 3.2 AWD Station Wagon | $154 | $248 | $290 | $18 | $88 | $798 | $67 |
| XC70 T6 AWD 4-Dr | $154 | $286 | $290 | $18 | $88 | $836 | $70 |
| Get Your Own Custom Quote Go | |||||||
Above prices assume married male driver age 30, no speeding tickets, no at-fault accidents, and Virginia minimum liability limits. Discounts applied include multi-policy, safe-driver, multi-vehicle, claim-free, and homeowner. Rate quotes do not factor in Virginia Beach location which can revise insurance rates greatly.
Using the premium rates above, we can conclude that using a $100 deductible costs an average of $32 more each month or $384 each year across all Volvo XC70 models than selecting the higher $1,000 deductible. Since you would pay $900 more out of your own pocket with a $1,000 deductible as compared to a $100 deductible, if you normally average at least 28 months between claim filings, you would save more money going with the higher deductible.
Affordable Volvo XC70 insurance in Virginia Beach
Some companies don’t necessarily list all their discounts very well, so below is a list some of the more common and the more hidden credits available to lower your premiums when you buy Virginia Beach car insurance online.
- Service Members Pay Less – Being deployed in the military may qualify for rate reductions.
- Driver Safety – Completing a defensive driving course could save 5% or more and easily recoup the cost of the course.
- Claim Free – Insureds who avoid accidents and claims are rewarded with significantly better rates on Virginia Beach car insurance quote compared to drivers with a long claim history.
- Full Payment Discount – If you pay your bill all at once as opposed to paying monthly you can avoid the installment charge.
- Passive Restraints – Vehicles equipped with air bags and/or automatic seat belt systems can get savings of 25 to 30%.
A little note about advertised discounts, most discount credits are not given to all coverage premiums. The majority will only reduce the cost of specific coverages such as liability and collision coverage. Even though it may seem like all the discounts add up to a free policy, company stockholders wouldn’t be very happy.
The chart below illustrates the difference between Volvo XC70 car insurance costs with and without discounts applied to the policy premium. The costs are based on a male driver, no tickets, no at-fault accidents, Virginia state minimum liability limits, full coverage, and $500 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-car, homeowner, claim-free, multi-policy, safe-driver, and marriage discounts applied.
Companies and the discounts they provide are:
- Farmers Insurance policyholders can earn discounts including homeowner, switch companies, early shopping, teen driver, pay in full, distant student, and bundle discounts.
- State Farm discounts include accident-free, good student, Steer Clear safe driver discount, safe vehicle, and student away at school.
- Liberty Mutual may offer discounts for new graduate, exclusive group savings, newly married, multi-car, and multi-policy.
- MetLife may include discounts for multi-policy, good student, accident-free, defensive driver, claim-free, good driver
- Progressive includes discounts for online signing, multi-vehicle, good student, multi-policy, continuous coverage, and homeowner.
Before purchasing a policy, check with all the companies the best way to save money. Some credits may not apply in Virginia Beach.
Insurance agent or online?
Many drivers just want to go talk to an agent and we recommend doing that Good agents are highly skilled in risk management and give you someone to call. The best thing about getting free rate quotes online is that you can obtain lower premium rates but also keep your business local.
To make it easy to find an agent, after completing this quick form, your coverage information is instantly submitted to agents in your area who can give free rate quotes for your insurance coverage. It simplifies rate comparisons since you won’t have to find an agent on your own since price quotes are sent to the email address you provide. In the event you want to compare rates for a specific company, feel free to jump over to their website and give them your coverage information.
Choosing the best company is decision based upon more than just a cheap quote. The questions below may impact your decision as well.
- Does the company have a solid financial rating?
- What company holds the largest book of business for them?
- When do they do policy reviews?
- How much experience to they have in personal lines coverages?
- Will the agent or a CSR service your policy?
Smart consumers save more
When getting Virginia Beach car insurance quotes online, never buy poor coverage just to save money. There have been many cases where drivers have reduced liability coverage limits only to regret that it was a big error on their part. The ultimate goal is to purchase a proper amount of coverage for the lowest cost, but do not skimp to save money.
Some insurance providers don’t offer online quoting and these small insurance companies sell through local independent agencies. The cheapest Volvo XC70 insurance in Virginia Beach can be found on the web and from local insurance agents, so you need to compare both in order to have the best price selection to choose from.
How to save money on Volvo XC70 insurance in Virginia Beach
The easiest way to get discount Volvo XC70 insurance in Virginia Beach is to compare prices at least once a year from insurance carriers who can sell car insurance in Virginia.
- It will benefit you to learn about how insurance companies determine prices and the modifications you can make to keep rates in check. Many things that cause high rates such as careless driving and a not-so-good credit rating can be controlled by improving your driving habits or financial responsibility.
- Compare prices from exclusive agents, independent agents, and direct providers. Exclusive agents and direct companies can only give rate quotes from a single company like Progressive and State Farm, while independent agents can provide price quotes from multiple companies. Begin your rate comparison
- Compare the new quotes to your existing coverage to see if switching to a new carrier will save money. If you find better rates, make sure there is no lapse between the expiration of your current policy and the new one.
- Notify your agent or company of your intention to cancel your current auto insurance policy and submit payment and a signed application to your new carrier. Once received, safely store the certificate verifying coverage above your visor, in the console, or in the glove compartment.
A key point to remember is to try to use similar coverage information on every price quote and and to get price quotes from every insurance company. Doing this enables a fair price comparison and and a good selection of different prices.
More information is located at these links:
- How Much Auto Coverage do I Need? (Insurance Information Institute)
- What Car Insurance is Cheapest for a Company Car in Virginia Beach? (FAQ)
- How Much is Virginia Beach Auto Insurance for a Honda Civic? (FAQ)
- Who Has Cheap Car Insurance for a Nissan Sentra in Virginia Beach? (FAQ)
- What Car Insurance is Cheapest for a Ford Escape in Virginia Beach? (FAQ)
- Prepare your Teens for Safe Driving (InsureUonline.org)
- Medical Payments Coverage (Liberty Mutual)
- Safety Belts FAQ (iihs.org)