Trying to come up with a payment for high-priced insurance can deplete your savings account and maybe even restrict other spending. Comparing rate quotes can be a smart way to cut your insurance bill.
Surprisingly, a recent survey revealed that the vast majority of consumers kept their policy with the same company for over three years, and just under half have never quoted insurance rates at all. San Diego consumers could save almost $500 a year just by getting comparison quotes, but they feel it’s too difficult to find affordable rates by getting comparison quotes.
Big-name insurance companies like State Farm, Farmers Insurance, GEICO and Allstate constantly bombard you with ad campaigns and it is difficult to see past the geckos and flying pigs and do the work needed to find the best deal.
It’s a great practice to do price comparisons quite often since insurance prices are rarely the same from one policy term to another. Even if you got the best price on Volvo V60 insurance in San Diego on your last policy you will most likely find a better rate quote today. Forget all the misinformation about insurance because we’re going to demonstrate how to quote online to properly buy coverages while reducing your premium.
When shopping for cheaper San Diego car insurance quotes, there are a couple of ways to compare rate quotes from many available auto insurance companies in California. The best method to compare Volvo V60 insurance prices is to get quotes online.
Getting rates online is very simple and it takes the place of having to spend your day driving to all the different insurance agencies. The ability to buy insurance online makes this unnecessary unless you prefer the trained guidance that only a licensed agent can provide. Although, it is possible price shop your coverage online and have a local agent actually service the policy.
When comparison shopping, quoting more will enable you to find a lower rate than you’re paying now.
The companies in the list below are our best choices to provide comparison quotes in San Diego, CA. If the list has multiple companies, we suggest you visit several of them to find the cheapest car insurance rates.
Discounts mean cheaper rates for Volvo V60 insurance in San Diego
Some insurance providers don’t always list the complete list of policy discounts in a way that’s easy to find, so we researched both well-publicized in addition to some of the lesser obvious discounts that you may qualify for.
- Discounts for Federal Employees – Active or retired federal employment could cut as much as 10% off depending on your company.
- Accident Free – Good drivers with no accidents are rewarded with significantly better rates on San Diego car insurance quote when compared with drivers with a long claim history.
- Discounts for New Vehicles – Buying a new car instead of a used V60 is cheaper because new model year vehicles keep occupants safer.
- Responsible Driver Discount – Drivers without accidents may save up to 50% more than drivers with accident claims.
- One Accident Forgiven – Not necessarily a discount, but some insurance companies may permit one accident before they charge you more for coverage as long as you don’t have any claims prior to being involved in the accident.
- Theft Deterrent System – Cars that have factory anti-theft systems are stolen less frequently and qualify for as much as a 10% discount.
- Save over 55 – Mature drivers may receive lower premium rates.
- Professional Memberships – Affiliation with a qualifying organization could earn you a nice discount on insurance.
- Driver Education Discount – Make teen driver coverage more affordable by requiring them to enroll and complete driver’s education if offered at their school.
One last thing about discounts, some credits don’t apply to the overall cost of the policy. Some only apply to individual premiums such as liability, collision or medical payments. If you do the math and it seems like you could get a free insurance policy, you’re out of luck.
Car insurance companies that may offer these discounts include:
When quoting, ask every prospective company to give you their best rates. Depending on the company, some discounts may not be offered in your state. If you would like to see a list of insurance companies with the best discounts in San Diego, click here to view.
Protect more than your V60
Even though San Diego V60 insurance rates can get expensive, paying for insurance is required in California but also provides important benefits.
- The majority of states have compulsory liability insurance requirements which means the state requires specific minimum amounts of liability in order to drive the car. In California these limits are 15/30/5 which means you must have $15,000 of bodily injury coverage per person, $30,000 of bodily injury coverage per accident, and $5,000 of property damage coverage.
- If you took out a loan on your Volvo, it’s guaranteed your bank will make it a condition of the loan that you have insurance to ensure loan repayment if the vehicle is totalled. If you do not keep the policy in force, the bank may buy a policy for your Volvo at a more expensive rate and make you pay a much higher amount than you were paying before.
- Insurance safeguards not only your Volvo but also your financial assets. It will also provide coverage for medical transport and hospital expenses for yourself as well as anyone injured by you. Liability coverage will also pay attorney fees if you cause an accident and are sued. If your car is damaged in a storm or accident, comprehensive (other-than-collision) and collision coverage will pay to restore your vehicle to like-new condition.
The benefits of buying enough insurance definitely exceed the price paid, especially if you ever need it. According to a survey of 1,000 drivers, the average driver overpays as much as $865 each year so you should quote rates at every policy renewal to ensure rates are inline.
When to get professional advice
Always keep in mind that when comparing a policy for your personal vehicles, there isn’t really a one size fits all plan. Everyone’s situation is unique and your policy should reflect that.
For example, these questions could help you determine whether or not you would benefit from professional advice.
- What is the rate difference between pleasure use and commuting?
- What are good deductibles for a Volvo V60?
- Does insurance cover tools stolen from my truck?
- Can I drive in Mexico and have coverage?
- Is my camper covered by my car insurance policy?
- What is high-risk coverage and where do I buy it?
If you can’t answer these questions but one or more may apply to you, then you may want to think about talking to an insurance agent. To find lower rates from a local agent, fill out this quick form or go to this page to view a list of companies.
Auto insurance agents near you
A small number of people just prefer to visit with an insurance agent and often times that is recommended A good thing about comparing rates online is the fact that you can find cheap auto insurance quotes and still have a local agent.
Upon completion of this quick form, the quote information is submitted to local insurance agents that give free quotes to get your business. It’s much easier because you don’t need to search for an agent since price quotes are sent to the email address you provide. Get lower rates without having to waste a lot of time. If you want to get a comparison quote for a specific company, don’t hesitate to visit that company’s website and submit a quote form there.
Finding the right insurance company shouldn’t rely on just a cheap price quote. These are some valid questions you should ask.
- Is the agency involved in supporting local community causes?
- Does the quote include credit and driving reports?
- Will you work with the agent or an assistant?
- How are they compensated?
- Does the agency have a positive business rating?
- What insurance companies do they work with in San Diego?
- Is coverage determined by price?
Detailed coverages of your insurance policy
Learning about specific coverages of a insurance policy aids in choosing appropriate coverage and proper limits and deductibles. The coverage terms in a policy can be difficult to understand and reading a policy is terribly boring. Shown next are typical coverages found on the average insurance policy.
This pays for damage to your V60 from colliding with another car or object. You have to pay a deductible and the rest of the damage will be paid by collision coverage.
Collision coverage pays for things like crashing into a ditch, sustaining damage from a pot hole and hitting a mailbox. This coverage can be expensive, so analyze the benefit of dropping coverage from older vehicles. Drivers also have the option to increase the deductible on your V60 to save money on collision insurance.
Comprehensive auto coverage
Comprehensive insurance coverage covers damage caused by mother nature, theft, vandalism and other events. You first must pay your deductible and the remainder of the damage will be paid by comprehensive coverage.
Comprehensive insurance covers things such as falling objects, damage from flooding and hitting a bird. The maximum payout a insurance company will pay at claim time is the actual cash value, so if your deductible is as high as the vehicle’s value consider dropping full coverage.
Medical payments and PIP coverage
Personal Injury Protection (PIP) and medical payments coverage reimburse you for bills for nursing services, funeral costs, dental work and prosthetic devices. They are often utilized in addition to your health insurance program or if you do not have health coverage. It covers all vehicle occupants and also covers getting struck while a pedestrian. PIP coverage is only offered in select states and may carry a deductible
UM/UIM (Uninsured/Underinsured Motorist) coverage
This provides protection when the “other guys” either have no liability insurance or not enough. It can pay for injuries to you and your family as well as damage to your Volvo V60.
Since a lot of drivers have only the minimum liability required by law (15/30/5), their limits can quickly be used up. This is the reason having UM/UIM coverage is a good idea.
Liability auto insurance
This coverage protects you from injuries or damage you cause to other people or property in an accident. It protects you from claims by other people. Liability doesn’t cover your injuries or vehicle damage.
Coverage consists of three different limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You might see liability limits of 15/30/5 that translate to $15,000 bodily injury coverage, $30,000 for the entire accident, and property damage coverage for $5,000.
Liability coverage protects against claims such as medical expenses, court costs and pain and suffering. How much liability should you purchase? That is a personal decision, but consider buying as much as you can afford. California requires drivers to carry at least 15/30/5 but it’s recommended drivers buy higher limits.