Save Money on Volvo XC90 Insurance in Jacksonville

Are you irritated from sacrificing other expenses to pay car insurance each month? You’re in the same situation as many other Florida consumers.

It’s a fact that car insurance companies want to prevent you from shopping around. Insureds who do rate comparisons will presumably buy a new policy because there is a good probability of finding lower rate quotes. A recent study showed that drivers who compared prices once a year saved approximately $865 a year as compared to drivers who didn’t regularly shop around.

If finding the lowest rates on Volvo XC90 insurance in Jacksonville is your ultimate target, then knowing the best way to quote and compare auto insurance can help make the process easier. There are many insurance companies to purchase coverage from, and though it is a good thing to have a choice, too many choices makes it more difficult to compare rates and cut insurance costs.

Smart consumers take time to get comparison quotes on a regular basis because rates tend to go up over time. If you had the best deal on Volvo XC90 insurance in Jacksonville six months ago you can probably find a lower rate today. There is a lot of bad information regarding XC90 insurance online, but by reading this article, you’re going to learn a bunch of ideas how to slash your car insurance rates in Jacksonville.

Locating the best insurance company for you in Jacksonville is much easier if you have a good place to start. If you have a current insurance policy or just want to save money, use these tips to buy cheaper insurance without reducing coverage. Drivers just need to use the quickest way to find the lowest price online from multiple companies.

Affordable Volvo insurance prices in Jacksonville

The companies shown below can provide price quotes in Jacksonville, FL. If the list has multiple companies, we recommend you get prices from several of them to get the best price comparison.

Volvo XC90 coverage analysis

The coverage information shown next covers a range of insurance policy prices for Volvo XC90 models. Understanding how insurance prices are calculated is important to be able to make decisions on which coverage to buy.

Data assumes single female driver age 50, no speeding tickets, no at-fault accidents, $1000 deductibles, and Florida minimum liability limits. Discounts applied include claim-free, safe-driver, multi-policy, homeowner, and multi-vehicle. Rates do not factor in specific location which can affect premium rates considerably.

Policy deductible comparison

When buying car insurance, a common question is how high should the physical damage coverage deductibles be. The rates shown below help summarize the rate difference when you choose different physical damage coverage deductibles. The first set of prices uses a $250 comprehensive and collision deductible and the second rate table uses a $1,000 deductible.

Data based on married male driver age 30, no speeding tickets, no at-fault accidents, and Florida minimum liability limits. Discounts applied include safe-driver, multi-policy, multi-vehicle, claim-free, and homeowner. Table data does not factor in specific Jacksonville garaging location which can lower or raise rates noticeably.

Based on this data, we can arrive at the conclusion that using a $250 deductible would cost the average driver about $36 more each month or $432 for a full year averaged for all XC90 models than selecting the higher $1,000 deductible. Because you would pay $750 more out of your own pocket with a $1,000 deductible as compared to a $250 deductible, if you average more than 21 months between claim filings, you would probably be better off if you opt for a higher deductible.

One thing to note is that raising deductibles to save money results in more money out-of-pocket when you do file a claim. You will want to have some money saved in the event you have to pay more to get your vehicle repaired.

The chart below highlights how deductible choice and can increase or decrease Volvo XC90 insurance prices for different age groups. The rates are based on a married male driver, comprehensive and collision coverage, and no discounts are taken into consideration.

Premiums by gender and age

The illustration below illustrates the comparison of Volvo XC90 insurance costs for male and female drivers. The costs are based on no accidents or driving violations, comprehensive and collision coverage, $500 deductibles, marital status is single, and no other discounts are factored in.

Cost of full coverage

The information below compares Volvo XC90 auto insurance rates with full physical damage coverage compared to only buying liability only. The premium estimates are based on no claims, a clean driving record, $100 deductibles, single status, and no discounts are applied to the premium.

Guidelines for dropping full coverage

There is no specific rule to stop paying for physical damage insurance, but there is a general convention. If the annual cost of comprehensive and collision coverage is 10% or more of the replacement cost minus the deductible, then you might consider buying liability only.

For example, let’s pretend your Volvo XC90 replacement cost is $3,000 and you have $1,000 full coverage deductibles. If your vehicle is destroyed, the most you would receive is $2,000 after the deductible is paid. If it’s costing you more than $200 annually to have full coverage, then you may need to consider dropping full coverage.

There are some circumstances where only buying liability is not a good plan. If you have an outstanding loan on your vehicle, you have to maintain full coverage in order to keep the loan. Also, if you don’t have enough money to buy a different vehicle in the even your car is totaled, you should not eliminate full coverage.

Verify you’re applying every discount

Insurance can cost an arm and a leg, but you may qualify for discounts that many consumers don’t even know exist. Some discounts will apply when you complete an application, but a few must be specially asked for in order for you to get them. If they aren’t giving you every credit you deserve, you could be saving more on your car insurance.

• Payment Method – If paying your policy premium upfront instead of paying each month you can avoid monthly service charges.
• Distant Student Discount – College-age children living away from Jacksonville attending college and don’t have a car may qualify for this discount.
• Discounts for Safe Drivers – Insureds without accidents may receive a discount up to 45% than drivers with accidents.
• Service Members Pay Less – Being deployed in the military could be rewarded with lower car insurance rates.
• Discounts for Seat Belt Usage – Buckling up and requiring all passengers to buckle up could cut 10% or more off the medical payments premium.
• Home Ownership Discount – Owning a house in Jacksonville can save a few bucks since home ownership is proof of financial responsibility.
• Theft Deterrent System – Cars, trucks, and SUVs that have factory anti-theft systems help deter theft and can earn a small discount on your policy.

Discounts save money, but please remember that most credits do not apply to all coverage premiums. A few only apply to individual premiums such as physical damage coverage or medical payments. If you do the math and it seems like you could get a free car insurance policy, you won’t be that lucky.

The example below shows the difference between Volvo XC90 insurance costs with and without discounts applied to the policy rates. The costs are based on a male driver, no driving violations, no at-fault accidents, Florida state minimum liability limits, full physical damage coverage, and $100 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with safe-driver, multi-policy, multi-car, claim-free, marriage, and homeowner discounts applied.

Companies and a partial list of their discounts can be read below.

• State Farm offers premium reductions for defensive driving training, student away at school, multiple policy, safe vehicle, driver’s education, and anti-theft.
• GEICO offers discounts including daytime running lights, defensive driver, seat belt use, membership and employees, multi-policy, multi-vehicle, and good student.
• Progressive discounts include continuous coverage, homeowner, online signing, online quote discount, and good student.
• 21st Century policyholders can earn discounts including student driver, theft prevention, defensive driver, driver training, homeowners, and air bags.
• American Family may have discounts that include Steer into Savings, air bags, multi-vehicle, early bird, good driver, mySafetyValet, and defensive driver.
• The Hartford includes discounts for defensive driver, anti-theft, good student, vehicle fuel type, driver training, and bundle.
• AAA has savings for good student, multi-car, pay-in-full, good driver, and multi-policy.

Before buying, ask every prospective company which credits you are entitled to. A few discounts might not be offered in every state.

Insurance quotes from neighborhood Jacksonville auto insurance agents

Some consumers still like to sit down with an agent and that is a personal choice. Experienced insurance agents are trained to spot inefficiencies and help submit paperwork. An additional benefit of getting free rate quotes online is that you can obtain cheap rate quotes and still have a local agent.

Once you complete this form (opens in new window), your insurance data is instantly submitted to companies in Jacksonville who will give you bids and help you find cheaper coverage. You don’t have to leave your house since price quotes are sent to you directly. If you wish to get a comparison quote for a specific company, you would need to go to their quote page and fill out the quote form the provide.

Picking an company is decision based upon more than just the bottom line cost. Get answers to these questions too.

• Does the company have a solid financial rating?
• Will high miles depreciate repair valuations?
• When do they do a full risk review?
• Do they make recommendations based only on price?
• Does the agency have a good rating with the Better Business Bureau?

Two different types of car insurance agents

If you prefer to buy insurance from local Jacksonville agents, it’s helpful to know the types of insurance agents and how they can write your policy. Jacksonville agents are either exclusive or independent. Both types of agents can provide insurance policies, but we need to point out how they are different because it can impact the selection process.

Exclusive Insurance Agents

Exclusive agencies can only write with one company like Farmers Insurance, American Family, State Farm and Allstate. These agents are not able to shop your coverage around so they are skilled at selling on more than just price. These agents are usually quite knowledgeable on their company’s products which aids in selling service over price.

Listed below is a short list of exclusive insurance agents in Jacksonville who can help you get rate quotes.

View more Jacksonville agents

Independent Agents (or Brokers)

Independent agents are not limited to a single company so they can quote policies with multiple insurance companies and possibly get better coverage at lower prices. To move your coverage to a new company, they simply move your policy to a different company and you can keep the same agent. When shopping rates, we recommend you get rate quotes from independent agents in order to have the best price comparison.

Shown below are independent agencies in Jacksonville that are able to give comparison quotes.

View more Jacksonville agents

Coverages available on your policy

Learning about specific coverages of a car insurance policy aids in choosing appropriate coverage and the correct deductibles and limits. The terms used in a policy can be confusing and nobody wants to actually read their policy. Below you’ll find the normal coverages offered by car insurance companies.

Collision protection

This coverage will pay to fix damage to your XC90 from colliding with an object or car. You will need to pay your deductible then the remaining damage will be paid by your insurance company.

Collision coverage protects against things like colliding with a tree, damaging your car on a curb and scraping a guard rail. Collision coverage makes up a good portion of your premium, so consider removing coverage from lower value vehicles. It’s also possible to raise the deductible on your XC90 to save money on collision insurance.

Liability coverages

Liability insurance will cover injuries or damage you cause to other people or property that is your fault. It consists of three limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. As an example, you may have policy limits of 10/20/10 that means you have a $10,000 limit per person for injuries, $20,000 for the entire accident, and property damage coverage for $10,000.

Liability coverage protects against claims such as loss of income, structural damage, repair bills for other people’s vehicles and emergency aid. How much coverage you buy is a personal decision, but consider buying as high a limit as you can afford. Florida state minimum liability requirements are 10/20/10 but you should think about purchasing more liability than the minimum.

The next chart shows why buying the state minimum limits may not provide adequate coverage.

Medical costs insurance

Medical payments and Personal Injury Protection insurance kick in for short-term medical expenses like hospital visits, ambulance fees and prosthetic devices. The coverages can be used to cover expenses not covered by your health insurance policy or if you lack health insurance entirely. They cover you and your occupants as well as getting struck while a pedestrian. Personal Injury Protection is only offered in select states but it provides additional coverages not offered by medical payments coverage

UM/UIM Coverage

This protects you and your vehicle when the “other guys” do not carry enough liability coverage. This coverage pays for medical payments for you and your occupants as well as your vehicle’s damage.

Because many people carry very low liability coverage limits (10/20/10 in Florida), it only takes a small accident to exceed their coverage. So UM/UIM coverage is a good idea.

Comprehensive or Other Than Collision

This coverage covers damage caused by mother nature, theft, vandalism and other events. You first must pay your deductible and then insurance will cover the rest of the damage.

Comprehensive coverage pays for things such as damage from flooding, a tree branch falling on your vehicle, theft, falling objects and damage from getting keyed. The maximum payout a car insurance company will pay at claim time is the cash value of the vehicle, so if the vehicle’s value is low consider dropping full coverage.

One last thing to lower rates

As you go through the steps to switch your coverage, you should never reduce coverage to reduce premium. In many cases, someone sacrificed full coverage only to regret at claim time they didn’t have enough coverage. Your focus should be to get the best coverage possible at an affordable rate while not skimping on critical coverages.

We just covered many ideas to save on Volvo XC90 insurance in Jacksonville. The key concept to understand is the more rate comparisons you have, the better your chances of lowering your prices. You may even find the biggest savings come from an unexpected company. Regional companies can often insure niche markets at a lower cost than the large multi-state companies such as Allstate or State Farm.

How to buy affordable Volvo XC90 insurance in Jacksonville

To save the most money, the best way to get cheaper auto insurance rates is to compare quotes annually from insurers in Jacksonville. Rates can be compared by following these guidelines.

• First, try to comprehend policy coverages and the modifications you can make to prevent rate increases. Many risk factors that cause rate increases such as your driving record and your credit history can be eliminated by making small lifestyle or driving habit changes.
• Second, obtain price quotes from direct carriers, independent agents, and exclusive agents. Exclusive and direct companies can give quotes from a single company like GEICO and State Farm, while independent agents can provide rate quotes for a wide range of companies.
• Third, compare the new rate quotes to your current policy premium and determine if cheaper XC90 coverage is available in Jacksonville. If you find a better price and buy the policy, make sure there is no lapse in coverage.
• Fourth, notify your company or agent to cancel the current policy. Submit the completed application along with a down payment to the new company. Be sure to safely store the proof of insurance paperwork in an accessible location in your vehicle.

One piece of advice is to make sure you enter the same deductibles and limits on every price quote and and to get rate quotes from every insurance company. This provides an accurate price comparison and the best price selection.

More learning opportunities

• Teen Driving Statistics (iihs.org)
• How Much Auto Coverage do I Need? (Insurance Information Institute)
• Protect Yourself Against Auto Theft (Insurance Information Institute)
• Frontal Crash Tests (iihs.org)
• Understanding Your Insurance Deductible (Insurance Information Institute)