Are you looking for more affordable Volvo XC70 insurance in Jacksonville? If you’re trying to find lower-priced insurance, do you get overwhelmed by the sheer number of car insurance providers that you can choose from? There are such a large number of options that it can easily turn into a chore to find a more affordable company. Everyone knows Jacksonville is a great city to live in, but high car insurance prices can make it hard for many residents to keep a tight budget.
It’s amazing but the vast majority of consumers kept their policy with the same company for at least four years, and approximately 38% of consumers have never compared quotes from other companies. U.S. consumers could save $860 each year by just comparing rate quotes, but they don’t believe the amount of savings they would get if they just switched companies.
This information will teach you a little about the best way to quote coverages and some tricks to saving. If you currently have insurance, you should be able to reduce premiums using these techniques. Although Florida consumers must understand how companies determine prices and use it to find better rates.
The quickest method to compare insurance rates from multiple companies takes advantage of the fact most larger insurance companies participate in online systems to give you rate quotes. To start a quote, the only thing you need to do is provide the companies a bit of rating information like the make and model of your vehicles, if you’re married, if the vehicle is leased, and driver ages. Your information is instantly provided to many highly-rated insurers and you should receive rate quotes with very little delay.
To get price quotes for your car now, click here and enter your zip code.
The providers in the list below can provide comparison quotes in Jacksonville, FL. If multiple companies are listed, we recommend you visit two to three different companies in order to find the most competitive rates.
Best reasons to buy auto insurance in Florida
Despite the fact that auto insurance is not cheap in Jacksonville, buying auto insurance serves several important purposes.
- Just about all states have compulsory liability insurance requirements which means you are required to carry specific minimum amounts of liability in order to be legal. In Florida these limits are 10/20/10 which means you must have $10,000 of bodily injury coverage per person, $20,000 of bodily injury coverage per accident, and $10,000 of property damage coverage.
- If your vehicle has a lienholder, almost all lenders will require that you have comprehensive coverage to protect their interest in the vehicle. If coverage lapses or is canceled, the lender may insure your Volvo at a significantly higher premium and require you to reimburse them for it.
- Auto insurance preserves both your vehicle and your personal assets. Insurance will also pay for most medical and hospital costs for you, your passengers, and anyone else injured in an accident. One of the most valuable coverages, liability insurance, also pays for attorney fees and expenses if anyone sues you for causing an accident. If your vehicle suffers damage from an accident or hail, collision and comprehensive (also known as other-than-collision) coverage will pay to restore your vehicle to like-new condition.
The benefits of insuring your car are definitely more than the cost, particularly when you have a large claim. But the average driver in Florida is currently overpaying as much as $850 per year so compare quotes from several companies at every renewal to ensure rates are competitive.
Analysis of coverages
The price information below highlights a range of insurance coverage prices for Volvo XC70 models. Having a better understanding of how prices are formulated can be of help when making smart choices when purchasing an auto insurance policy.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| XC70 3.2 AWD Station Wagon | $228 | $370 | $486 | $28 | $146 | $1,258 | $105 |
| XC70 T6 AWD 4-Dr | $228 | $426 | $486 | $28 | $146 | $1,314 | $110 |
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Data rating is based on married male driver age 40, no speeding tickets, no at-fault accidents, $1000 deductibles, and Florida minimum liability limits. Discounts applied include homeowner, safe-driver, multi-policy, claim-free, and multi-vehicle. Price information does not factor in the specific area where the vehicle is garaged which can alter auto insurance rates considerably.
Rate comparison for different deductibles
A question often asked by Jacksonville drivers is how high should the physical damage deductibles be. The rates shown below approximate the rate differences when you select higher and lower policy deductibles. The first set of rates uses a $250 deductible for comprehensive and collision coverage and the second price grid uses a $500 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| XC70 3.2 AWD Station Wagon | $406 | $640 | $472 | $28 | $142 | $1,713 | $143 |
| XC70 T6 AWD 4-Dr | $406 | $736 | $472 | $28 | $142 | $1,809 | $151 |
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| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| XC70 3.2 AWD Station Wagon | $330 | $516 | $472 | $28 | $142 | $1,488 | $124 |
| XC70 T6 AWD 4-Dr | $330 | $594 | $472 | $28 | $142 | $1,566 | $131 |
| Get Your Own Custom Quote Go | |||||||
Prices above based on married male driver age 30, no speeding tickets, no at-fault accidents, and Florida minimum liability limits. Discounts applied include multi-vehicle, claim-free, homeowner, multi-policy, and safe-driver. Table data does not factor in garaging location in Jacksonville which can affect rates significantly.
We can derive from the above data that using a $250 deductible costs an average of $19 more each month or $228 a year averaged for all XC70 models than buying the higher $500 deductible. Since you would have to pay $250 more out of your own pocket with a $500 deductible as compared to a $250 deductible, if you tend to have more than 13 months between claims, you would more than likely save some money if you choose a higher deductible.
The example below shows how choosing a deductible and can increase or decrease Volvo XC70 insurance rates for different age groups of insureds. The data is based on a single male driver, comprehensive and collision coverage, and no discounts are taken into consideration.
Check for these eight price cutting discounts
Insurance is neither fun to buy or cheap, but there could be significant discounts that you may not even be aware of. A few discounts will automatically apply when you quote, but some must be asked for in order for you to get them.
- Home Ownership Discount – Simply owning a home can earn you a little savings because owning a home requires personal responsibility.
- Accident Free – Drivers who don’t have accidents get the best insurance rates as opposed to frequent claim filers.
- First Accident Forgiveness – This isn’t a discount exactly, but some companies like Liberty Mutual, Allstate and State Farm will allow you to have one accident before hitting you with a surcharge so long as you are claim-free for a specific time period.
- Good Student – Being a good student can earn a discount of 20% or more. Earning this discount can benefit you until age 25.
- Professional Memberships – Being in certain professional organizations could trigger savings on your bill.
- Drivers Education – Make teen driver coverage more affordable by requiring them to successfully take a driver’s education course if it’s offered in school.
- Early Payment Discounts – By paying your entire bill at once rather than paying monthly you may have a lower total premium amount.
- Air Bags and Passive Restraints – Options like air bags or automatic seat belts can qualify for discounts of up to 25% or more.
Discounts lower rates, but many deductions do not apply to all coverage premiums. Most only cut the cost of specific coverages such as liability and collision coverage. Even though it may seem like adding up those discounts means a free policy, it’s just not the way it works. Any qualifying discounts should help reduce your policy premiums.
The chart below shows the comparison of Volvo XC70 premium costs with and without some available policy discounts. The data is based on a male driver, no claims or driving citations, Florida state minimum liability limits, full coverage, and $250 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with homeowner, multi-policy, safe-driver, multi-car, claim-free, and marriage discounts applied.
A few popular companies and some of their more popular discounts can be read below.
- GEICO has savings for multi-vehicle, good student, defensive driver, multi-policy, military active duty, and five-year accident-free.
- USAA discounts include annual mileage, new vehicle, loyalty savings, driver training, vehicle storage, and defensive driver.
- Progressive offers discounts including online signing, multi-policy, online quote discount, multi-vehicle, continuous coverage, and good student.
- American Family policyholders can earn discounts including multi-vehicle, good driver, mySafetyValet, good student, and accident-free.
- Esurance offers discounts for anti-theft, multi-car, online quote, Switch & Save, multi-policy, and online shopper.
- Farmers Insurance offers premium reductions for switch companies, early shopping, mature driver, bundle discounts, distant student, and teen driver.
- State Farm may have discounts that include Steer Clear safe driver discount, passive restraint, safe vehicle, anti-theft, Drive Safe & Save, and good driver.
If you need lower rates, check with all companies you are considering which credits you are entitled to. Depending on the company, some discounts might not be offered on policies in your area. For a list of insurance companies who offer cheap Volvo XC70 insurance quotes in Jacksonville, click this link.
You are unique and your car insurance should be too
When it comes to choosing adequate coverage for your personal vehicles, there really is not a best way to insure your cars. Everyone’s situation is a little different and a cookie cutter policy won’t apply.
Here are some questions about coverages that might help in determining whether or not you could use an agent’s help.
- Why am I be forced to buy a membership to get insurance from some companies?
- If I drive on a suspended license am I covered?
- How high should deductibles be on a Volvo XC70?
- Why does it cost so much to insure a teen driver in Jacksonville?
- Should I waive the damage coverage when renting a car?
- Does my Volvo XC70 need full coverage?
- Do I have ACV or replacement cost coverage?
- Am I covered if I back into my garage door?
- Is there a penalty for late payment?
- Are my company tools covered if they get stolen?
If you’re not sure about those questions but a few of them apply then you might want to talk to an insurance agent. To find an agent in your area, take a second and complete this form or go to this page to view a list of companies.