Best Volvo XC60 Insurance in Philadelphia

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Insurance for Volvo XC60Are you at wits end from not being able to scrape enough together to pay high insurance rates every month? Your situation is no different than many other Pennsylvania consumers.

Anyone knows that auto insurance companies want to keep you from comparing prices. People who shop around for a cheaper policy will most likely switch to a new company because there is a great chance of finding a lower rate. Remarkably, a study showed that people who regularly shopped around saved an average of $865 a year compared to drivers who never compared other company's rates.

If finding the lowest rates on insurance is the reason you're reading this, learning the best way to shop and compare cheaper coverage can make shopping around easier. Big-name insurance companies like State Farm, Farmers Insurance, GEICO and Allstate all promote huge savings with fancy advertisements and it can be hard to ignore the propaganda and find the best price available.

It's a good idea to check insurance prices before your policy renews since prices are variable and change quite frequently. Even if you think you had the lowest rates on Volvo XC60 insurance in Philadelphia a few years ago you can probably find a better premium rate now. Block out anything you think you know about insurance because we're going to demonstrate the right way to find better coverage on Volvo XC60 insurance in Philadelphia at a better price.

The best way to compare policy rates for Volvo XC60 insurance in Philadelphia is to realize most insurance companies participate in a system to give you rate quotes. To get started, all you need to do is give the companies some data such as if you are currently licensed, how old drivers are, your general credit rating, and if you lease or own. Your rating data is instantly submitted to many of the top insurers and you should receive rate quotes quickly.

To compare multiple company lower-cost Volvo XC60 insurance rates now, click here and find out if you can get cheaper insurance in Philadelphia.

The companies shown below offer price comparisons in Philadelphia, PA. If the list has multiple companies, it's a good idea that you get price quotes from several of them to get the best price comparison.

Coverage analysis

The table below covers estimates of insurance prices for Volvo XC60 models. Being able to understand how insurance quotes are determined can assist in making decisions when shopping around.

Volvo XC60 Insurance Rates in Philadelphia, PA
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
XC60 3.2 2WD $152 $264 $286 $16 $86 $804 $67
XC60 3.2 AWD $172 $264 $286 $16 $86 $824 $69
XC60 T6 AWD AWD $172 $312 $286 $16 $86 $872 $73
XC60 T6-R AWD AWD $192 $312 $286 $16 $86 $892 $74
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Table data assumes married female driver age 30, no speeding tickets, no at-fault accidents, $1000 deductibles, and Pennsylvania minimum liability limits. Discounts applied include claim-free, homeowner, multi-vehicle, safe-driver, and multi-policy. Price information does not factor in specific location information which can impact premium rates substantially.

Can higher deductibles save money?

One common question asked by Philadelphia drivers is how high should the deductibles for physical damage be. The data tables below outline the rate differences when you select higher and lower policy deductibles. The first set of rates uses a $250 comprehensive and collision deductible and the second set of prices uses a $500 deductible.

Volvo XC60 insurance premium rates with $250 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
XC60 3.2 2WD $254 $428 $280 $16 $84 $1,087 $91
XC60 3.2 AWD $288 $428 $280 $16 $84 $1,121 $93
XC60 T6 AWD AWD $288 $506 $280 $16 $84 $1,199 $100
XC60 T6-R AWD AWD $320 $506 $280 $16 $84 $1,231 $103
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Volvo XC60 insurance premium rates with $500 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
XC60 3.2 2WD $206 $346 $280 $16 $84 $932 $78
XC60 3.2 AWD $234 $346 $280 $16 $84 $960 $80
XC60 T6 AWD AWD $234 $408 $280 $16 $84 $1,022 $85
XC60 T6-R AWD AWD $260 $408 $280 $16 $84 $1,048 $87
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Above prices assume married male driver age 30, no speeding tickets, no at-fault accidents, and Pennsylvania minimum liability limits. Discounts applied include multi-vehicle, multi-policy, safe-driver, homeowner, and claim-free. Premium costs do not factor in vehicle garaging location which can raise or lower prices noticeably.

Using the premium rates above, we can conclude that using a $250 deductible costs about $14 more each month or $168 annually across all Volvo XC60 models than requesting the higher $500 deductible. Due to the fact that you would have to pay $250 more out of your own pocket with a $500 deductible as compared to a $250 deductible, if you go at least 18 months between claim filings, you would more than likely save some money if you choose the higher deductible.

Volvo XC60 insurance rates by gender

The example below visualizes the comparison of Volvo XC60 insurance costs for male and female drivers. The premiums assume no tickets, no at-fault accidents, comprehensive and collision coverage, $250 deductibles, drivers are not married, and no discounts are applied to the premium.

Three good reasons to insure your Volvo vehicle

Despite the fact that insurance is not cheap in Philadelphia, buying insurance may not be optional for several reasons.

First, almost all states have minimum liability requirements which means state laws require a specific level of liability in order to license the vehicle. In Pennsylvania 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.

Second, if your Volvo XC60 has a loan, almost all lenders will make it mandatory that you buy full coverage to protect their interest in the vehicle. If you default on your policy, the bank or lender will purchase a policy for your Volvo at a much higher rate and force you to pay for it.

Third, insurance preserves both your Volvo XC60 and your assets. It will also provide coverage for medical transport and hospital expenses for both you and anyone you injure as the result of an accident. Liability insurance, one of your policy coverages, will also pay attorney fees if someone files suit against you as the result of an accident. If you have damage to your Volvo as the result of the weather or an accident, your insurance policy will pay all costs to repair after the deductible has been paid.

The benefits of insuring your XC60 are definitely more than the cost, especially for larger claims. Today the average American driver is overpaying more than $810 a year so compare quotes from several companies every year to ensure rates are competitive.

How Insurance Companies Determine Volvo XC60 Insurance Prices

One of the most helpful ways to save on insurance is to to have a grasp of a few of the rating criteria that come into play when calculating the price you pay for insurance. If you have some idea of what impacts premium levels, this enables you to make decisions that can help you get lower premium levels.

  • Marriage can save you money - Walking down the aisle may earn you lower rates on your policy. Having a spouse translates into being less irresponsible and insurance companies reward insureds because drivers who are married are more cautious.
  • How do annual miles impact prices? - Driving more miles every year the higher the price you pay to insure it. Many insurance companies charge to insure your cars based upon how the vehicle is primarily used. Autos that have low annual miles qualify for better rates than vehicles that have high annual mileage. Double check that your insurance policy is rated on the right rating data, because improper ratings can cost you money. Improper usage on your XC60 may be costing you higher rates.
  • Don't skimp on liability coverage - The liability section of your policy is the protection if you are determined to be liable for damages from an accident. Liability provides for a legal defense up to the limits shown on your policy. Liability insurance is pretty cheap compared to comp and collision, so drivers should carry high limits.
  • Safer the car lower the rate - Cars with high safety ratings get lower rates. Vehicles engineered for safety reduce the chance of injuries and lower injury rates translates directly to fewer claims and more competitive rates for policyholders. If your Volvo is rated at least an "acceptable" rating on the Insurance Institute for Highway Safety website or four stars on the National Highway Traffic Safety Administration website you are probably receiving a discount.
  • Insurance loss probability for a Volvo XC60 - Companies use statistical claims data to help calculate a profitable premium price. Vehicles that have increased losses will cost more for specific coverages.

    The data below shows the insurance loss data used by companies for Volvo XC60 vehicles. For each insurance policy coverage type, the statistical loss for all vehicles averaged together is considered to be 100. Percentages below 100 mean the vehicle has better than average losses, while numbers above 100 point to more losses or statistically larger losses.

    Volvo XC60 Insurance Claim Statistics
    Specific Volvo 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
    BETTER
    AVERAGE
    WORSE

    Statistics Source: Insurance Institute for Highway Safety for 2013-2015 Model Years

Take advantage of these money saving discounts

Companies that sell car insurance do not list the complete list of policy discounts in an easy-to-find place, so we took the time to find both well-publicized in addition to some of the lesser obvious credits available to you.Auto insurance discounts

  • Organization Discounts - Being a member of a professional or civic organization could qualify you for a break on auto insurance.
  • New Car Discount - Insuring a vehicle that is new can cost up to 25% less because new model year vehicles have to meet stringent safety requirements.
  • Responsible Drivers - Drivers who avoid accidents can get discounts for up to 45% lower rates than less cautious drivers.
  • Passenger Safety Discount - Vehicles equipped with air bags and/or automatic seat belt systems may qualify for discounts of more than 20%.
  • Renewal Discounts - Some insurance companies reward drivers for switching companies prior to your current XC60 insurance policy expiration. It could save around 10% when you buy Philadelphia car insurance online.
  • Paper-free Discount - A few larger online companies may give you up to $50 for buying your policy on the web.
  • Military Deployment Discount - Having a family member in the military could qualify you for better prices.

Don't be surprised that many deductions do not apply to the overall cost of the policy. A few only apply to the cost of specific coverages such as collision or personal injury protection. Despite the appearance that all the discounts add up to a free policy, it doesn't quite work that way.

The illustration below visualizes the comparison of Volvo XC60 auto insurance rates with and without some available policy discounts. The data is based on a female driver, no violations or accidents, Pennsylvania 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 claim-free, marriage, multi-policy, safe-driver, homeowner, and multi-car discounts applied.

The best auto insurance companies and some of their more popular discounts can be found below.

  • GEICO discounts include anti-lock brakes, military active duty, driver training, membership and employees, air bags, multi-policy, and federal employee.
  • SAFECO includes discounts for drive less, teen safe driver, safe driver, bundle discounts, and multi-car.
  • State Farm offers discounts for good student, passive restraint, student away at school, multiple policy, safe vehicle, multiple autos, and defensive driving training.
  • MetLife has discounts for claim-free, defensive driver, good student, accident-free, and multi-policy.
  • 21st Century offers discounts including driver training, early bird, anti-lock brakes, good student, student driver, teen driver, and automatic seat belts.
  • Progressive has savings for good student, continuous coverage, online signing, homeowner, online quote discount, multi-policy, and multi-vehicle.

Double check with each company which discounts you may be entitled to. Depending on the company, some discounts may not be available in your state.

When to get professional advice

When buying insurance from an agent or online for your personal vehicles, there really is no one-size-fits-all type of policy. Each situation is unique and your auto insurance should unique, too.Higher deductibles save money For instance, these questions could help you determine whether you may require specific advice.

  • Should I have combined single limit or split liability limits?
  • Why am I be forced to buy a membership to get insurance from some companies?
  • Does my policy cover my teen driver if they drive my company car?
  • Can I still get insurance after a DUI?
  • What is the difference between personal and commercial auto insurance policies?
  • Why do I need rental car insurance?
  • I have health insurance so do I need medical payments coverage?

If you're not sure about those questions then you might want to talk to an insurance agent. If you want to speak to an agent in your area, fill out this quick form or go to this page to view a list of companies. It is quick, free and can help protect your family.

Auto insurance agents near you

Many drivers still like to visit with an insurance agent and often times that is recommended Licensed agents can help you choose the best coverages and will help you if you have claims. An additional benefit of comparing rate quotes online is the fact that you can find lower rates and still have a local agent. Buying insurance from neighborhood agents is definitely important in Philadelphia.

Philadelphia insurance agentsTo help locate an agent, after submitting this simple form, your information is emailed to local insurance agents who want to provide quotes for your insurance coverage. It makes it easy because there is no need to contact any insurance agencies because prices are sent immediately to your email address. If you need to compare prices from a specific insurance provider, you just need to find their quoting web page to submit a rate quote request.

Deciding on an company requires you to look at more than just a cheap quote. Any agent in Philadelphia should have no problem answering these questions:

  • Will their companies depreciate repairs to your car based on the mileage?
  • Do they have cheaper tiers of coverage?
  • Is working in the agency their full-time job?
  • Does the agency support the community they serve?
  • Do clients work directly with the agent or are most inquiries handled by a CSR?
  • Will the company cover a rental car if your car is getting fixed?
  • Which family members are covered?

Persistence will pay off

We covered many ideas to lower your Volvo XC60 insurance car insurance rates in Philadelphia. It's most important to understand that the more quotes you get, the better chance you'll have of finding the cheapest Volvo XC60 rate quotes. You may even discover the lowest priced insurance comes from the least-expected company. Smaller companies may only write in your state and offer lower premium rates as compared to the big name companies such as Allstate and Progressive.

When shopping online for insurance, make sure you don't skimp on coverage in order to save money. There are a lot of situations where an accident victim reduced liability coverage limits only to regret that the savings was not a smart move. Your focus should be to find the BEST coverage at the best possible price while not skimping on critical coverages.

Lower-priced insurance in Philadelphia is possible both online in addition to many Philadelphia insurance agents, so you should be comparing quotes from both to have the best rate selection. Some companies do not provide rates over the internet and many times these smaller companies only sell through independent insurance agencies.

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