Compare Volvo XC90 Insurance Quotes in Raleigh

Shockingly, over 70% of drivers kept their coverage with the same car insurance company for at least the last four years, and 38% of customers have never quoted rates to find affordable coverage. Many consumers in Raleigh can cut their rates by roughly 10% a year by just shopping around, but they think it’s difficult to compare rate quotes online.

To save the most money, the best way to get low-cost Volvo XC90 insurance is to compare quotes once a year from providers in Raleigh. Drivers can shop around by following these steps.

First, it will benefit you to learn about how companies set rates and the measures you can control to prevent high rates. Many policy risk factors that result in higher rates like tickets, at-fault accidents, and a bad credit score can be amended by making small lifestyle or driving habit changes. This article provides additional tips to get cheaper coverage and get additional discounts.

Second, compare prices from independent agents, exclusive agents, and direct companies. Direct and exclusive agents can only provide price estimates from a single company like GEICO and Allstate, while independent agents can provide price quotes from multiple sources.

Third, compare the new rate quotes to your current policy and see if there is a cheaper rate. If you can save money and decide to switch, ensure coverage does not lapse between policies.

Fourth, provide notification to your current company of your intention to cancel your current car insurance policy. Submit the application along with any required down payment to the new company. As soon as you have the new policy, place the new proof of insurance paperwork in your vehicle’s glove compartment or console.

A key point to remember is to try to compare similar coverage information on each quote and and to get rates from as many auto insurance providers as possible. Doing this ensures a fair rate comparison and a complete selection of prices.

If you are already insured, you will most likely be able to get lower rates using the ideas you’re about to read. Finding the cheapest auto insurance coverage in Raleigh is much easier if you know where to start. But North Carolina consumers must comprehend how the larger insurance companies compete online because rates are impacted by many factors.

Best companies for Volvo XC90 insurance

The companies in the list below have been selected to offer price comparisons in Raleigh, NC. In order to find cheap car insurance in Raleigh, NC, we suggest you visit as many as you can in order to find the cheapest rates.

Analysis of Volvo XC90 rates

The price information displayed below showcases estimates of insurance policy prices for Volvo XC90 models. Having a better idea how insurance prices are established helps drivers make decisions on the best policy to buy.

Prices above based on single male driver age 40, no speeding tickets, no at-fault accidents, $250 deductibles, and North Carolina minimum liability limits. Discounts applied include claim-free, homeowner, multi-policy, multi-vehicle, and safe-driver. Rate quotes do not factor in the specific area where the vehicle is garaged which can alter coverage prices substantially.

Higher deductibles save money

The hardest decision when buying coverage is how low should you set your deductibles. The premium rates below approximate the differences in premium rates of buying low and high policy deductibles. The first set of rates uses a $250 physical damage deductible and the second rate table uses a $500 deductible.

Above prices assume married male driver age 30, no speeding tickets, no at-fault accidents, and North Carolina minimum liability limits. Discounts applied include multi-vehicle, homeowner, multi-policy, safe-driver, and claim-free. Rate information does not factor in zip code location which can increase or decrease insurance rates noticeably.

Based on this data, using a $250 deductible will cost you approximately $12 more each month or $144 each year averaged for all XC90 models than opting for the higher $500 deductible. Since you would have to pay $250 more out-of-pocket with a $500 deductible as compared to a $250 deductible, if you tend to average at least 21 months between claim filings, you would probably save some money if you elect the higher deductible.

The diagram below demonstrates how deductibles and can impact Volvo XC90 insurance costs for different insured age categories. The premiums assume a married male driver, full physical damage coverage, and no discounts are applied to the premium.

Full coverage rates vs. liability-only

The information below illustrates the comparison of Volvo XC90 yearly insurance costs when comparing full coverage to liability only. The premiums assume no driving violations, no at-fault accidents, $500 deductibles, drivers are not married, and no policy discounts are applied.

Are you wasting money on full coverage?

There is no definitive formula of when to exclude physical damage insurance, but there is a guideline you can consider. If the annual cost of coverage is more than 10% of replacement cost minus your deductible, then you may need to consider dropping full coverage.

For example, let’s pretend your Volvo XC90 book value is $6,000 and you have $1,000 full coverage deductibles. If your vehicle is damaged in an accident, you would only receive $5,000 after paying your policy deductible. If premium cost is more than $500 a year for physical damage coverage, then it might be time to buy liability only.

There are some scenarios where only buying liability is not financially feasible. If you still have a loan on your vehicle, you have to maintain full coverage as part of the loan conditions. Also, if you can’t afford to buy a different vehicle if your current one is in an accident, you should not remove full coverage.

Determine discounts on Raleigh insurance

Some insurers do not list all available discounts very clearly, so the following is a list of a few of the more common and the more hidden savings tricks you should be using when you buy Raleigh auto insurance online.

• Drivers Ed for Students – It’s a good idea to have your young drivers complete a driver education course in school.
• Discounts for Good Drivers – Drivers who don’t get into accidents can get discounts for up to 45% lower rates compared to accident prone drivers.
• Telematics Data – People who choose to allow their insurance company to study driving habits by using a telematics device in their vehicle such as Progressive’s Snapshot could possibly reduce rates if they have good driving habits.
• Full Payment Discount – By paying your entire bill at once rather than spreading payments over time you may have a lower total premium amount.
• Raleigh Homeowners Discount – Owning a house in Raleigh may earn you a small savings because it demonstrates responsibility.
• Seat Belts Save – Drivers who always wear seat belts and also require passengers to wear their seat belts could cut 10% or more off the PIP or medical payment premium.
• Save with More Vehicles Insured – Having multiple vehicles on a single policy can reduce the rates for all insured vehicles.
• Accident Waiver – Not necessarily a discount, but a few companies such as Progressive, State Farm and GEICO will let one accident slide before your rates go up if your claims history is clear before the accident.

Just know that some credits don’t apply to the entire policy premium. A few only apply to individual premiums such as comp or med pay. If you do the math and it seems like it’s possible to get free car insurance, it just doesn’t work that way. But any discount will lower the amount you have to pay.

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

If you would like to see a list of providers who offer free Volvo XC90 insurance quotes in Raleigh, click here.

Informed Drivers Know How to Get Car Insurance at a Discount

The best way to find cheaper car insurance is to take a look at the factors that help calculate your policy premiums. When consumers understand what impacts premium levels, this empowers consumers to make smart changes that could result in better car insurance rates.

Prices and your address – Having an address in less populated areas is a positive aspect when shopping for auto insurance. Fewer drivers on the road means reduced accidents as well as less vandalism and auto theft. City drivers tend to have more traffic problems and more severe claims. More time behind the wheel can result in more accidents.

Cars with good safety ratings lower premiums – Vehicles with high crash test scores get lower rates. Highly rated vehicles reduce occupant injuries and better occupant protection translates into savings for insurance companies and lower rates for you.

Credit score impacts premium prices – Having a bad credit rating will be a significant factor in determining what you pay. So if your credit can use some improvement, you could potentially save money when insuring your Volvo XC90 by repairing your credit. People with good credit tend to be better risks to insure than drivers with worse credit.

Incidental coverages are wasting money – There are a ton of additional extra coverages that you can get tricked into buying when buying car insurance. Insurance for things like rental car reimbursement, accidental death, and extra life insurance coverage could be just wasting money. These may sound like a good investment initially, but if you don’t need them eliminate the coverages to reduce your premium.

Youthful drivers cost more – Youthful drivers in North Carolina have a tendency to be more careless when behind the wheel therefore car insurance rates are much higher. Mature drivers have been proven to be more responsible, are lower risk to insure, and receive fewer citations.

The data below assumes a single driver, full coverage with $250 deductibles, and no discounts or violations.

Save money with alarm systems – Choosing to buy a car that has a built-in theft deterrent system can save you a little every year. Theft prevention devices such as LoJack tracking devices, vehicle tamper alarm systems or GM’s OnStar system help track and prevent auto theft.

An active insurance claims history can increase rates – Auto insurance companies in North Carolina give better rates to people that do not abuse their auto insurance. If you file claims often, you can expect either policy cancellation or increased premiums. Your insurance policy is designed for more catastrophic claims.

Women pay lower prices – Statistics show females are less aggressive when driving. However, this does not mean women are better drivers. Males and females tend to get into auto accidents at a similar rate, but men have costlier accidents. In addition to higher claims, males also get more serious tickets like reckless driving and DUI.

The chart below compares Volvo XC90 yearly insurance costs for male and female drivers. The data assumes no violations or accidents, comp and collision included, $250 deductibles, marital status is single, and no additional discounts are factored in.

It’s not one size fits all

Keep in mind that when it comes to choosing a policy for your personal vehicles, there really is not a “perfect” insurance plan. Your financial needs are unique.

For instance, these questions might point out if you might need professional guidance.

• Is pet coverage available?
• Do they offer discounts for home and auto coverage?
• Do I need special endorsements for business use of my vehicle?
• Is my vehicle covered by my employer’s policy when using it for work?
• Should I buy only the required North Carolina minimum liability coverage?
• Should I rate my Volvo XC90 as pleasure use or commute?
• Which companies will insure high-risk drivers?

If it’s difficult to answer those questions, then you may want to think about talking to an insurance agent. To find lower rates from a local agent, take a second and complete this form.

Comparing quotes from local Raleigh insurance agents

Many drivers just prefer to buy from a licensed agent and doing that can be a smart decision One of the best bonuses of comparing rates online is the fact that you can find better rates and still have a local agent. And buying from local insurance agencies is definitely important in Raleigh.

After filling out this quick form, your insurance data is sent to insurance agents in Raleigh who will give competitive quotes for your business. It simplifies rate comparisons since you won’t have to find an agent since price quotes are sent immediately to you. You can find better rates AND a local agent. If for some reason you want to get a rate quote for a specific company, don’t hesitate to go to their quote page and fill out their quote form.

Picking an insurance company requires more thought than just the bottom line cost. A good agent in Raleigh will have answers to these questions.

• Will the agent help in case of a claim?
• Does the agency support the community they serve?
• What company holds the largest book of business for them?
• Does the agent have professional designations like CIC, CPCU or AIC?
• Does the company have a solid financial rating?
• Where would glass claims be handled in Raleigh?
• Are you getting all the discounts the company offers?
• Will the agent or a CSR service your policy?

Compare. Compare. Compare.

Budget-friendly auto insurance in Raleigh can be purchased from both online companies and from local agencies, and you should compare rates from both so you have a total pricing picture. Some insurance companies do not offer rate quotes online and many times these small, regional companies prefer to sell through local independent agencies.

Consumers who switch companies do it for a variety of reasons including extreme rates for teen drivers, policy non-renewal, lack of trust in their agent or even being labeled a high risk driver. Regardless of your reason for switching companies, finding a new auto insurance company is pretty easy and you might even save some money in the process.

In this article, we presented many ways to lower your Volvo XC90 insurance premium rates in Raleigh. The key concept to understand is the more rate quotes you have, the more likely it is that you will get a better rate. Consumers may even find the best premium rates are with a small local company.

More information is available below:

• What is Covered by an Auto Insurance Policy? (Insurance Information Institute)
• Who Has Cheap Auto Insurance Quotes for Drivers with Bad Credit in Raleigh? (FAQ)
• How Much are Auto Insurance Rates for 17 Year Olds in Raleigh? (FAQ)
• Who Has Cheap Raleigh Car Insurance Rates for Unemployed Drivers? (FAQ)
• Understanding Your Insurance Deductible (Insurance Information Institute)
• What is Covered by GAP Insurance? (Allstate)
• Think You’re a Safe Driver? (State Farm)