Compare Volvo XC60 Insurance Quotes in Riverside

Truthfully, the best way to get low-cost car insurance rates in Riverside is to make a habit of comparing prices annually from providers in California.

1. Spend a few minutes and learn about how insurance works and the changes you can make to keep rates down. Many rating criteria that increase rates like accidents, traffic tickets, and an unacceptable credit rating can be amended by making minor changes to your lifestyle.
2. Obtain price quotes from exclusive agents, independent agents, and direct providers. Direct companies and exclusive agencies can only give rate quotes from one company like GEICO or State Farm, while independent agencies can quote rates from multiple companies.
3. Compare the price quotes to your current policy premium and see if there is a cheaper rate in Riverside. If you can save some money and make a switch, make sure there is no lapse in coverage.
4. Provide written notification to your current company of your intention to cancel your current policy and submit payment and a signed application for your new policy. Once coverage is bound, put the new proof of insurance paperwork in an accessible location in your vehicle.

A valuable tip to remember is to make sure you enter identical deductibles and limits on each quote and and to get rates from as many auto insurance providers as possible. This helps ensure a fair price comparison and a good representation of prices.

Unbelievable but true according to a study almost 70% of drivers have bought insurance from the same company for a minimum of four years, and 38% of customers have never compared rates to find lower-cost insurance. With the average premium in California being $1,387, drivers could save about $469 a year by just comparing quotes, but they assume it’s a waste of time to compare rates online.

Best companies for Volvo XC60 insurance

The providers in the list below are ready to provide free rate quotes in Riverside, CA. If the list has multiple companies, we suggest you visit two to three different companies in order to find the lowest rates.

Auto insurance statistics for a Volvo XC60

The rate table shown next covers different rate quotes for Volvo XC60 models. Having insight into how premiums are figured can help guide drivers when making smart choices when buying a car insurance policy.

Data based on married male driver age 30, no speeding tickets, no at-fault accidents, $250 deductibles, and California minimum liability limits. Discounts applied include homeowner, claim-free, safe-driver, multi-policy, and multi-vehicle. Information does not factor in specific garaging location which can raise or lower coverage rates substantially.

How high should deductibles be?

When shopping for auto insurance, a common question is how low should you set your deductibles. The data tables below highlight the rate differences of buying low and high policy deductibles. The first data table uses a $100 deductible for physical damage and the second price grid uses a $1,000 deductible.

Data variables include married male driver age 30, no speeding tickets, no at-fault accidents, and California minimum liability limits. Discounts applied include homeowner, multi-vehicle, safe-driver, claim-free, and multi-policy. Table data does not factor in specific garaging location which can influence price quotes significantly.

Based on these figures, using a $100 deductible costs about $48 more each month or $576 each year across all Volvo XC60 models than requesting the higher $1,000 deductible. Since the policyholder would be required to pay $900 more to settle a claim with a $1,000 deductible as compared to a $100 deductible, if you normally average more than 19 months between claims, you would come out ahead if you choose a higher deductible. The table below shows how you can come to your own conclusion.

The diagram below illustrates how choosing a deductible and can change Volvo XC60 premium costs for different age categories. The prices are based on a single male driver, comprehensive and collision coverage, and no discounts are taken into consideration.

Insurance premiums for males and females

The illustration below illustrates the comparison of Volvo XC60 insurance rates for male and female drivers. The costs are based on a clean driving record, no at-fault accidents, comp and collision included, $250 deductibles, drivers are not married, and no discounts are applied to the premium.

Volvo XC60 liability rates compared to full coverage

The information below shows the difference between Volvo XC60 auto insurance costs with full physical damage coverage compared to only buying the minimum liability limits required in California. The information is based on no violations or claims, $250 deductibles, single status, and no policy discounts are applied.

Should you pay for full coverage or liability only?

There is no exact rule of when to stop paying for comprehensive and collision coverage on your policy, but there is a guideline you can consider. If the annual cost of coverage is 10% or more of the vehicle’s replacement cost less your deductible, then it’s probably a good time to buy liability coverage only.

For example, let’s pretend your Volvo XC60 book value is $9,000 and you have $1,000 physical damage deductibles. If your vehicle is damaged in an accident, the most you would receive is $8,000 after paying your deductible. If you are currently paying more than $800 annually for full coverage, then you might want to think about dropping full coverage.

There are some circumstances where only buying liability is not in your best interest. If you have an outstanding loan on your vehicle, you have to keep full coverage to protect the lienholder’s interest in the vehicle. Also, if you cannot afford to purchase a different vehicle in the event your current vehicle is totaled, you should not buy liability only.

How to Lower Your Insurance Costs

Consumers need to have an understanding of some of the factors that go into determining insurance rates. When you know what positively or negatively controls the rates you pay, this enables you to make decisions that can earn you much lower annual insurance costs.

The following are some of the most rate-impacting factors insurance companies consider when setting your premiums.

• Liability coverage risk factors – The liability section of your policy kicks in when you are found to be at fault for physical damage or personal injury to other. Liability insurance provides legal defense to attempt to prove you were not liable. It is affordable coverage compared to comp and collision, so buy as much as you can afford.
• Gaps in coverage mean higher prices – Not maintaining insurance is not a good idea and your next policy will cost more because you let your coverage have a gap. And not only will insurance be more expensive, failure to provide proof of insurance could result in fines and jail time.
• You might want pay the inexpensive insurance claims yourself – If you are the type of insured that files lots of claims don’t be surprised to see either higher rates or even cancellation. Auto insurance companies in California provide the lowest premiums to policyholders who are not frequent claim filers. Insurance coverage is intended to be relied upon for claims that you cannot pay yourself.
• Is your vehicle theft-ready? – Selecting a car model with advanced anti-theft systems can earn a premium discount. Theft deterrent systems such as vehicle immobilizer systems, General Motors OnStar and LoJack tracking systems all aid in stopping vehicle theft.

• Rates increase with driving citations – Your driving citation history has a lot to do with how much you pay for insurance. Careful drivers receive lower rates as compared to those with violations. Even a single ticket can bump up the cost by as much as thirty percent. Drivers who get flagrant tickets such as DUI, reckless driving or excessive speeding may need to submit a SR-22 or proof of financial responsibility to the state department of motor vehicles in order to drive a vehicle legally.

  The example below illustrates how violations and accident claims can affect Volvo XC60 insurance costs for different age groups of insureds. The premium estimates are based on a single male driver, comprehensive and collision coverage, $500 deductibles, and no discounts are factored in.

• What type of vehicle do you drive? – The type of car, truck or SUV you need insurance for makes a big difference in your premium level. The best insurance prices are generally reserved for smaller low performance passenger cars, but many other things help determine your insurance rates.

  The data below uses these assumptions: married female driver age 30, full coverage with $500 deductibles, and no discounts or violations. It shows Volvo XC60 car insurance rates compared to other vehicles that have different risk factors.

• Discounts for married couples – Being married actually saves money compared to being single. It may mean you are more financially stable and it’s proven that married drivers get in fewer accidents.
• Low stress employer equals lower premiums – Jobs such as judges, social workers, and miners are shown to have higher rates than average attributed to intense work-related stress and long work days. On the flip side, occupations such as scientists, athletes and homemakers pay the least.

• Insurance loss probability for a Volvo XC60 – Insurance companies use past loss statistics for each vehicle to calculate a rate that will offset any claims. Models that the data determines to have a higher amount or frequency of claims will have higher rates for specific coverages.

  The table below demonstrates the collected loss data for Volvo XC60 vehicles. For each coverage type, the claim amount for all vehicles, regardless of make, model or trim level, is considered to be 100. Percentage numbers below 100 suggest a positive loss record, while numbers shown that are more than 100 indicate more frequent losses or statistically larger claims.

  
  

  Volvo XC60 Insurance Claim Statistics

  Vehicle 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

  BETTER

  AVERAGE

  WORSE

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

Cheaper rates with these discounts

Insurance is not an enjoyable expense, but you might already qualify for some discounts that can dramatically reduce your bill. Some trigger automatically at the time you complete a quote, but lesser-known reductions have to be requested specifically before being credited.

• Theft Prevention System – Cars with anti-theft systems prevent vehicle theft and that can save you a little bit as well.
• Life Insurance Discount – Not all insurance companies offer life insurance, but some may give you better rates if you take out a life insurance policy as well.
• Accident Forgiveness – This one isn’t a discount, but some companies like Progressive, State Farm and GEICO will allow you to have one accident before your rates go up so long as you are claim-free for a certain period of time.
• Discounts for Safe Drivers – Drivers without accidents can pay as much as 50% less compared to rates paid by drivers with frequent claims.
• Multi-car Discount – Buying insurance for primary and secondary vehicles on the same insurance policy could earn a price break for each car.
• Bundle and Save – When you have multiple policies and insure them both with the same insurance company you may save at least 10% off all policies.
• E-sign Discounts – Certain companies may give you up to $50 for completing your application digitally online.

As is typical with insurance, some of the credits will not apply to your bottom line cost. Some only reduce the price of certain insurance coverages like collision or personal injury protection. So when it seems like it’s possible to get free car insurance, insurance companies aren’t that generous. Any amount of discount will bring down your overall premium however.

The chart below illustrates the comparison of Volvo XC60 insurance costs with and without discounts applied to the policy premium. The data assumes a male driver, no claims or violations, California 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 claim-free, homeowner, marriage, multi-car, multi-policy, and safe-driver discounts applied.

A few companies that may offer policyholders these discounts possibly include:

• Farmers Insurance
• Esurance
• State Farm
• GEICO
• Allstate

It’s a good idea to ask each insurance company the best way to save money. Some of the earlier mentioned discounts might not be available to policyholders in Riverside. If you would like to view companies who offer cheap Volvo XC60 insurance quotes in Riverside, click here to view.

Compare rate quotes but buy from a local Riverside insurance agent

A small number of people just prefer to sit down and talk to an agent and that is recommended in a lot of cases The biggest benefit of getting online price quotes is you can get cheaper car insurance rates and still have a local agent. Supporting local agents is definitely important in Riverside.

By using this form (opens in new window), the coverage information is sent to agents in your area that give free quotes for your business. It simplifies rate comparisons since you won’t have to find an agent on your own since price quotes are sent directly to your email. You can most likely find cheaper rates without requiring a lot of work. If you need to compare rates from one company in particular, feel free to navigate to their website and submit a quote form there.

Choosing the best provider requires more thought than just the bottom line cost. Below are some questions you should ask.

• Will vehicle repairs be made with aftermarket parts or OEM replacement parts?
• Where would glass claims be handled in Riverside?
• Is coverage determined by price?
• What insurance company do they write the most business with?
• Do they offer accident forgiveness?
• Are they primarily personal or commercial lines agents in Riverside?
• Are they paid to recommend certain coverages?

How to find a good Riverside auto insurance company

Choosing the best car insurance provider can be a challenge considering how many choices drivers have in Riverside. The information shown next could help you analyze which car insurance companies you want to consider when comparing rate quotes.

Top 10 Riverside Car Insurance Companies Overall

1. USAA
2. American Family
3. AAA of Southern California
4. State Farm
5. The Hartford
6. AAA Insurance
7. GEICO
8. The General
9. Titan Insurance
10. Progressive

Top 10 Riverside Car Insurance Companies Ranked by Value

1. USAA
2. American Family
3. The Hartford
4. AAA of Southern California
5. Titan Insurance
6. The General
7. AAA Insurance
8. State Farm
9. Mercury Insurance
10. Nationwide

Do the work, save more money

As you go through the steps to switch your coverage, it’s very important that you do not buy lower coverage limits just to save a few bucks. In many cases, someone dropped uninsured motorist or liability limits and learned later that a couple dollars of savings turned into a financial nightmare. The ultimate goal is to buy the best coverage you can find for the lowest price, but do not skimp to save money.

Low-cost Volvo XC60 insurance in Riverside is attainable online as well as from independent agents in Riverside, and you need to comparison shop both to have the best selection. Some insurance providers do not offer online quoting and usually these regional insurance providers sell through local independent agents.

Throughout this article, we presented a lot of techniques to reduce Volvo XC60 insurance rates online in Riverside. The key thing to remember is the more you quote Riverside auto insurance, the better likelihood of getting affordable Riverside auto insurance quotes. Consumers may even find the most savings is with a smaller regional carrier. Some small companies may cover specific market segments cheaper than the large multi-state companies such as State Farm or Progressive.

More tips and info about auto insurance is available in these articles:

• Get the Right Protection (InsureUonline.org)
• Who Has the Cheapest Riverside Car Insurance for Immigrants? (FAQ)
• Who Has Affordable Riverside Car Insurance for a Ford F-150? (FAQ)
• Insurance losses by make and model (Insurance Institute for Highway Safety)
• Collision Insurance Coverage (Nationwide)
• Smart Auto Insurance Tips (Insurance Information Institute)