Comparison shopping for more affordable Volvo XC60 insurance in Jacksonville can seem to be nearly impossible for people who have little experience quoting and comparing prices online. With so many agents and online companies available, it can turn into a challenge to find cheaper prices in Florida.
It’s a known fact that car insurance companies don’t want their customers to go rate shopping. Consumers who get price comparisons will, in all likelihood, buy a different policy because there is a good chance of finding a lower-cost company. Remarkably, a study showed that consumers who compared price quotes annually saved approximately $3,400 over four years as compared to drivers who never compared prices.
If finding the cheapest rates on car insurance is your objective, then understanding how to shop for insurance rates can make it easier for you to save money.
It’s important to get comparison quotes every six months since insurance prices are variable and change quite frequently. Even if you think you had the best rates on Volvo XC60 insurance in Jacksonville at your last renewal a different company probably has better rate quotes today. Forget all the misinformation about car insurance because we’re going to show you the proper way to reduce your cost while increasing coverage.
We hope to introduce you to how to compare rates easily and some money-saving tips. If you are insured now, you stand a good chance to be able to find better prices using the ideas covered in this article. Nevertheless, Florida car owners do need to learn the way companies compete online and use this information to your advantage.
When comparison shopping, comparing a large number of companies helps you find better pricing. Not every company provides Jacksonville XC60 insurance quotes over the internet, so it’s necessary to compare price estimates from them, too.
The companies shown below provide free rate quotes in Florida. If multiple companies are listed, we suggest you visit two to three different companies in order to get a fair rate comparison.
Don’t overlook these Volvo XC60 insurance discounts
Auto insurance is neither fun to buy or cheap, but there may be some discounts to cut the cost considerably. Certain credits will be shown at quote time, but some must be specifically requested before they will apply.
- Drive Safe and Save – Insureds without accidents may save up to 50% more than drivers with accident claims.
- Pay Early and Save – If you pay your entire premium ahead of time as opposed to paying monthly you could save up to 5%.
- Multiple Cars – Having multiple cars with the same company can reduce rates for all insured vehicles.
- Seat Belt Usage – Buckling up and requiring all passengers to fasten their seat belts can save 10% or more on the medical payments or PIP coverage costs.
- Discounts for Government Workers – Active or former government employment could provide a small rate reduction depending on your auto insurance provider.
It’s important to note that many deductions do not apply to all coverage premiums. Most only apply to specific coverage prices like physical damage coverage or medical payments. Despite the appearance that all the discounts add up to a free policy, you aren’t that lucky.
The chart below shows the difference between Volvo XC60 auto insurance rates with and without discounts. The rates are based on a female driver, no accidents or driving violations, Florida state minimum liability limits, comprehensive and collision coverage, and $1,000 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with marriage, multi-policy, multi-car, safe-driver, homeowner, and claim-free discounts applied.
Insurance companies that may have some of the discounts shown above may include but are not limited to:
When quoting, ask every insurance company which credits you are entitled to. Discounts might not be available to policyholders in your state. For a list of insurers with significant discounts in Jacksonville, follow this link.
Volvo XC60 insurance coverage information
The rate information displayed next outlines different insurance coverage prices for Volvo XC60 models. Learning a little about how rates are established can be useful when making decisions when choosing a new policy provider.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| XC60 3.2 2WD | $200 | $342 | $354 | $20 | $106 | $1,022 | $85 |
| XC60 3.2 AWD | $224 | $342 | $354 | $20 | $106 | $1,046 | $87 |
| XC60 T6 AWD AWD | $224 | $402 | $354 | $20 | $106 | $1,106 | $92 |
| XC60 T6-R AWD AWD | $250 | $402 | $354 | $20 | $106 | $1,132 | $94 |
| Get Your Own Custom Quote Go | |||||||
Data rating is based on married male driver age 30, no speeding tickets, no at-fault accidents, $1000 deductibles, and Florida minimum liability limits. Discounts applied include multi-vehicle, claim-free, safe-driver, multi-policy, and homeowner. Premium costs do not factor in your specific Jacksonville location which can impact auto insurance rates considerably.
Should you raise deductibles?
When comparing car insurance rates, the most common question is which comprehensive and collision deductibles to buy. The figures shown below outline the differences in price between low and high coverage deductibles. The first set of rates uses a $250 physical damage coverage deductible and the second rate chart uses a $1,000 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| XC60 3.2 2WD | $322 | $544 | $354 | $20 | $106 | $1,371 | $114 |
| XC60 3.2 AWD | $364 | $544 | $354 | $20 | $106 | $1,413 | $118 |
| XC60 T6 AWD AWD | $364 | $640 | $354 | $20 | $106 | $1,509 | $126 |
| XC60 T6-R AWD AWD | $406 | $640 | $354 | $20 | $106 | $1,551 | $129 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| XC60 3.2 2WD | $200 | $342 | $354 | $20 | $106 | $1,022 | $85 |
| XC60 3.2 AWD | $224 | $342 | $354 | $20 | $106 | $1,046 | $87 |
| XC60 T6 AWD AWD | $224 | $402 | $354 | $20 | $106 | $1,106 | $92 |
| XC60 T6-R AWD AWD | $250 | $402 | $354 | $20 | $106 | $1,132 | $94 |
| Get Your Own Custom Quote Go | |||||||
Table data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Florida minimum liability limits. Discounts applied include multi-policy, multi-vehicle, claim-free, safe-driver, and homeowner. Premium amounts do not factor in zip code location which can decrease or increase coverage rates substantially.
We can derive from the above data that using a $250 deductible will cost you approximately $32 more each month or $384 every year than requesting the higher $1,000 deductible. Because you would pay $750 more to file a claim with a $1,000 deductible as compared to a $250 deductible, if you normally average more than 23 months between claims, you would probably save some money by going with a higher deductible. The table below illustrates how you can perform this determination yourself.
| Average monthly premium for $250 deductibles: | $122 |
| Average monthly premium for $1,000 deductibles (subtract): | – $90 |
| Monthly savings from raising deductible: | $32 |
| Difference between deductibles ($1,000 – $250): | $750 |
| Divide difference by monthly savings: | $750 / $32 |
| Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible | 23 months |
One thing to be aware of is that increasing deductibles to lower your rates means you pay more out-of-pocket when you have a claim. You need some extra savings in order to pay the deductible for vehicle repair.
The illustration below illustrates how choosing a deductible and can influence Volvo XC60 premium costs for different age groups of insureds. The data is based on a single female driver, full physical damage coverage, and no discounts are applied.
Annual premiums comparing men and women
The information below illustrates the difference between Volvo XC60 auto insurance costs for male and female drivers. The rates are based on no violations or claims, full coverage, $100 deductibles, single marital status, and no other discounts are factored in.
Insurance agencies near you
Many drivers just prefer to buy from a local agent and there is nothing wrong with that. An additional benefit of comparing rates online is you can get cheap auto insurance quotes and still have a local agent. Putting coverage with local agencies is still important in Jacksonville.
After completing this short form, the coverage information is transmitted to participating agents in Jacksonville who will give you bids for your business. It makes it easy because there is no need to contact any agents due to the fact that quote results will go straight to your inbox. You can find the lowest rates without a big time investment. If for some reason you want to compare prices from a specific company, you would need to go to their quote page and submit a quote form there.
Two different types of car insurance agents
If you’re trying to find a reliable agent, it’s helpful to know the types of insurance agents and how they differ in how they can insure your vehicles. Auto insurance agencies are categorized either independent or exclusive.
Independent Auto Insurance Agents (or Brokers)
Agents in the independent channel are not employed by any specific company so they have the ability to put coverage through many different auto insurance companies depending on which coverage is best. If you want to switch companies, they can switch companies in-house without you having to go to a different agency.
If you are comparing auto insurance prices, we highly recommend that you include price quotes from several independent agencies to maximize your price options. They also have the ability to place coverage with companies you’ve never heard of that can offer cheaper rates than bigger companies.
Featured below are Jacksonville independent agencies that may be able to give you cheap rate quotes.
- Connect America Insurance Agency
8825 Perimeter Park Blvd #303 – Jacksonville, FL 32216 – (904) 494-8898 – View Map - Dwight Bacon Insurance Agency
6409 Merrill Rd – Jacksonville, FL 32277 – (904) 641-5940 – View Map - Rosetta’s Insurance Agency, Inc.
6715 Wilson Blvd – Jacksonville, FL 32210 – (904) 677-0441 – View Map
Exclusive Agents
Agents that elect to be exclusive can usually just insure with one company and examples are Allstate and State Farm. They are unable to shop your coverage around so keep that in mind. Exclusive agents are highly trained on the products they sell which helps them sell insurance even at higher premiums. Consumers sometimes use the same exclusive agent partially due to the prominence of the brand rather than low rates.
Shown below is a list of exclusive insurance agencies in Jacksonville that can give you price quotes.
- Kathy Scott – State Farm Insurance Agent
6018 San Jose Blvd – Jacksonville, FL 32217 – (904) 730-3665 – View Map - Bill Doyle – State Farm Insurance Agent
11555 Central Pkwy #904 – Jacksonville, FL 32224 – (904) 642-4000 – View Map - David Beam – State Farm Insurance Agent
10400 San Jose Blvd Ste 2 – Jacksonville, FL 32257 – (904) 379-4156 – View Map
Finding a good auto insurance agent requires more thought than just the price. These are some valid questions you should ask.
- Are they properly licensed to sell insurance in Florida?
- What is their Better Business Bureau rating?
- Do clients work directly with the agent or are most inquiries handled by a CSR?
- What insurance companies do they work with in Jacksonville?
- Do they have cheaper tiers of coverage?
- Are they in the agency full-time?
- Can you use your own choice of collision repair facility?
When to get professional advice
When quoting and choosing a policy for your vehicles, there really is not a “perfect” insurance plan. Each situation is unique so this has to be addressed.
These are some specific questions can aid in determining whether you could use an agent’s help.
- Can my babysitter drive my car?
- How much can I save by bundling my policies?
- What policy terms are available?
- How high should my uninsured/underinsured coverage be in Florida?
- Is pleasure use cheaper than using my Volvo XC60 to commute?
- If my Volvo XC60 is totaled, can I afford another vehicle?
- Are all vehicle passengers covered by medical payments coverage?
If you can’t answer these questions but a few of them apply then you might want to talk to a licensed insurance agent. To find lower rates from a local agent, simply complete this short form or you can go here for a list of companies in your area.
Volvo XC60 Insurance Prices Can Be Cheaper
When buying insurance it’s important to understand some of the things that play a part in calculating the price you pay for insurance. If you know what determines premiums, this allows you to make educated decisions that could result in lower rates. Lots of factors are used in the calculation when quoting car insurance. A few of the factors are predictable like an MVR report, but other criteria are more transparent such as whether you are married or your vehicle rating.
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Lower performance equals lower insurance prices – The performance level of the car you are trying to find cheaper insurance for makes a substantial difference in determining your rates. Lower performance four cylinder passenger cars generally have the cheapest insurance rates, but there are many factors that impact the final cost.
The next chart uses these assumptions: single male driver age 30, full coverage with $1000 deductibles, and no discounts or violations. It compares Volvo XC60 insurance premiums compared to other makes and models that have a range of risk factors.
- Vocation reflects on rates – Do you have a high-stress occupation? Jobs such as military personnel, air traffic controllers, and stock brokers generally pay higher premium rates in part from intense work-related stress and lots of time spent away from family. On the flip side, professions such as farmers, athletes and homemakers pay the least.
- Amount of liability protection – The liability coverage on your policy kicks in if you are found liable for physical damage or personal injury to other. It will provide legal defense which can be incredibly expensive. Liability insurance is quite affordable when compared with rates for comp and collision, so insureds should have plenty of protection for their assets.
- Insurance rates in urban areas – Residing in smaller towns and rural areas of the country is a positive aspect when insuring your vehicles. Less people living in that area means fewer accidents and lower theft and vandalism rates. People who live in big cities have to deal with congested traffic and more severe claims. More time behind the wheel means higher likelihood of an accident.
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Avoid tickets and save – Being a careful driver has a huge affect on how much you pay. Just one citation can boost insurance rates forty percent or more. Drivers with clean records pay less for auto insurance than people who have multiple driving citations. People who have flagrant violations like reckless driving, hit and run or driving under the influence may be required to submit a SR-22 form with their state’s department of motor vehicles in order to prevent their license from being revoked.
The chart below demonstrates how citations and at-fault accidents increase Volvo XC60 car insurance costs for different age groups. The data is based on a married male driver, full coverage, $100 deductibles, and no discounts are factored in.
- Higher coverage deductibles cost less – Physical damage deductibles tell how much you are willing to pay out-of-pocket if the claim is covered. Physical damage insurance, aka comp and collision, is used to repair damage to your car. Some coverage claims could be colliding with a stationary object, damage caused by hail, or theft of your vehicle. The more expense you’re willing to pay, the less money you will pay for insurance.
- Prevent theft and save money – Owning a car that has an advanced theft prevention system can save you some money. Systems that thwart thieves such as LoJack tracking devices, vehicle tamper alarm systems or GM’s OnStar system all help stop auto theft and help lower rates.
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Volvo XC60 claim statistics – Car insurance companies study historical loss data to calculate a price that will offset losses. Models that are shown to have higher claim amounts or frequency will cost more to insure. The table below shows the collected loss data for Volvo XC60 vehicles.
For each coverage category, the loss probability for all vehicles, regardless of make or model, equals 100. Numbers under 100 mean the vehicle has better than average losses, while percentage values above 100 indicate more frequent losses or an increased chance of larger losses than average.
Insurance Loss Ratings for Volvo XC60 Vehicles Make and Model Collision Property Damage Comp Personal Injury Medical Payment Bodily Injury Volvo XC60 4dr 2WD 79 74 70 60 53 55 Volvo XC60 4dr 4WD 93 82 75 66 64 57 BETTERAVERAGEWORSEData Source: Insurance Institute for Highway Safety for 2013-2015 Model Years
Best reasons to buy car insurance in Florida
Even though it can be expensive, car insurance is a good idea for several reasons.
- Just about all states have minimum mandated liability insurance limits which means it is punishable by state law to not carry specific minimum amounts of liability insurance in order to get the vehicle licensed. 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 Volvo XC60 has a loan, almost every bank will have a requirement that you have physical damage coverage to guarantee payment of the loan. If coverage lapses or is canceled, the lender may insure your Volvo for a lot more money and force you to reimburse them the higher price.
- Car insurance preserves your Volvo and your assets. It will also cover medical bills for yourself as well as anyone injured by you. Liability coverage, the one required by state law, also pays for attorney fees and expenses if you are sued as the result of your driving. If damage is caused by hail or an accident, collision and comprehensive (also known as other-than-collision) coverage will pay to repair the damage minus the deductible amount.
The benefits of buying enough insurance more than cancel out the cost, especially for larger claims. On average, a vehicle owner in Jacksonville is currently overpaying as much as $855 a year so you should quote and compare rates at every policy renewal to save money.
Keep this in mind when shopping around
We just showed you many ideas to save on Volvo XC60 insurance in Jacksonville. The key concept to understand is the more rate quotes you have, the better chance you’ll have of finding the cheapest Volvo XC60 rate quotes. Consumers may even find the best prices are with an unexpected company. They may cover specific market segments cheaper than the large multi-state companies such as GEICO and State Farm.
When trying to cut insurance costs, it’s not a good idea to reduce needed coverages to save money. In many cases, an accident victim reduced full coverage and found out when filing a claim that the small savings ended up costing them much more. Your objective should be to buy the best coverage you can find at an affordable rate, but do not skimp to save money.
Steps to buying discount Volvo XC60 insurance in Jacksonville
It takes a few minutes, but the best way to get the cheapest car insurance rates is to start comparing prices yearly from providers that insure vehicles in Jacksonville. Prices can be compared by following these steps.
First, try to learn a little about how companies set rates and the things you can control to prevent rate increases. Many policy risk factors that increase rates such as high-risk driving behaviors and an unacceptable credit history can be controlled by making small lifestyle or driving habit changes.
Second, compare rates from independent agents, exclusive agents, and direct companies. Exclusive and direct companies can only quote rates from one company like GEICO or Allstate, while independent agencies can provide rate quotes from multiple companies. Compare rates
Third, compare the new rates to your existing rates to see if a cheaper price is available in Jacksonville. If you can save money and decide to switch, make sure there is no coverage gap between policies.
Fourth, give proper notification to your current agent or company to cancel your current car insurance policy. Submit a down payment along with a signed application to the new insurer. Make sure you put the proof of insurance certificate with the vehicle registration.
An essential thing to point out is that you use the same level of coverage on each quote and and to analyze as many carriers as you can. This enables a fair price comparison and the most accurate and complete price analysis.
More information is available on the following sites:
- Where can I buy Insurance? (Insurance Information Institute)
- How Much is Jacksonville Car Insurance for Inexperienced Drivers? (FAQ)
- How Much are Jacksonville Auto Insurance Quotes for Drivers Over Age 70? (FAQ)
- Insurance Losses by Make and Model (iihs.org)
- Hybrid vehicles cost insurers more (Insurance Institute for Highway Safety)
- How Can I Save Money on Auto Insurance? (Insurance Information Institute)