1991 Volvo 940 Insurance Rates

Want cheaper insurance coverage rates for your Volvo 940? Finding and buying car insurance is not really something car owners fancy doing, but regardless it’s required for every vehicle.

Finding the best rates is not that difficult. Just about every vehicle owner who shops for auto insurance most likely will be able to reduce their rates. Nevertheless, car owners must understand how insurance companies compete online and use this information to your advantage.

How to Get Car Insurance Comparison Quotes

The are a couple different ways to compare rate quotes from car insurance companies in your area. The quickest method to find the lowest 1991 Volvo 940 rates involves getting comparison quotes online. This is very easy and can be done using a couple different methods.

The first (and easiest) way to get quotes would be an industry-wide quote request form (click to open form in new window). This form eliminates the need for boring form submissions for every car insurance company. Filling out one form will get you rate comparisons direct from many companies. It’s definitely the quickest method.

A more difficult way to shop for car insurance online is spending the time to visit the website for every company you want to comare and complete a new quote form. For instance, we’ll assume you want to compare Allstate, Progressive and American Family. To get rate quotes you would need to spend time on each company’s site to input your insurance information, which is why the first method is more popular.

For a list of links to insurance companies in your area, click here.

The hardest method to compare rates is to waste gas driving to and from local insurance agencies. Buying insurance online can eliminate the need for a local agent unless you have a need for the professional advice of a licensed agent. It is possible to find lower rates online and get advice from an agent in your area and we’ll talk about that later.

Whichever way you use, make sure you use apples-to-apples coverages on every quote. If you compare different deductibles it will be impossible to find the best deal for your Volvo 940. Having just a slight variation in coverage limits can mean a large discrepancy in price. Just remember that comparing more company’s prices helps locate the best price.

These discounts can slash insurance coverage rates

Companies offering auto insurance don’t always publicize all available discounts in a way that’s easy to find, so we researched some of the best known and the harder-to-find ways to save on insurance coverage.

• No Charge for an Accident – A few companies will forgive one accident before your rates go up if you are claim-free for a particular time prior to the accident.
• Multiple Vehicles – Having multiple vehicles with the same company may reduce the rate for each vehicle.
• Safe Drivers – Drivers who avoid accidents may save up to 50% more on 940 coverage than drivers with accidents.
• Theft Prevention System – Anti-theft and alarm systems prevent vehicle theft and qualify for as much as a 10% discount.
• Pay Now and Pay Less – By paying your policy upfront instead of monthly or quarterly installments you could save 5% or more.
• Driver Safety – Taking part in a course in driver safety could save 5% or more and easily recoup the cost of the course.
• Passive Restraint Discount – Vehicles equipped with air bags and/or automatic seat belt systems may earn rate discounts of up to 25% or more.
• Organization Discounts – Affiliation with a civic or occupational organization is a good way to get lower rates on insurance coverage on 940 coverage.
• Distant Student – Children who live away from home without a vehicle on campus can receive lower rates.
• Drivers Ed for Students – Cut your cost by having your teen driver enroll in driver’s education if offered at their school.

It’s important to note that some credits don’t apply the whole policy. Most only apply to individual premiums such as medical payments or collision. Just because you may think adding up those discounts means a free policy, you’re out of luck.

Insurance companies that may offer these discounts include:

• Progressive
• MetLife
• Mercury Insurance
• Nationwide
• GEICO
• AAA

It’s a good idea to ask each company which discounts you may be entitled to. Some discounts might not be offered in your state.

Volvo 940 rates influenced by many factors

It’s important that you understand some of the elements that come into play when calculating your auto insurance rates. Understanding what impacts premium levels helps enable you to make changes that will entitle you to big savings.

• Sex matters – Statistics show women tend to be less risk to insure than men. That doesn’t necessarily mean that men are worse drivers. Men and women cause accidents at about the same rate, but the males cause more damage. They also receive more costly citations like reckless driving and DUI. Youthful male drivers are most likely to cause an accident and therefore are the most expensive to insure.
• How’s your driving record? – Even one citation can bump up the cost forty percent or more. Drivers who don’t get tickets tend to pay less for car insurance than their less careful counterparts. If you have dangerous violations like DUI or reckless driving may find they need to submit a SR-22 form with their state DMV in order to prevent a license revocation.
• Your credit rating is important – Your credit rating is a big factor in determining your rates. Consumers who have good credit tend to be less risk to insure as compared to drivers with lower credit ratings. If your credit history can use some improvement, you could be paying less to insure your 1991 Volvo 940 by repairing your credit.
• Lower rates come with age – Youthful drivers are known to be careless and easily distracted in a vehicle so they pay higher auto insurance rates. Mature drivers are more cautious drivers, file fewer claims and receive fewer citations.

When might I need the advice of an agent?

When buying the right insurance coverage, there is no best way to insure your cars. Coverage needs to be tailored to your specific needs.

For instance, these questions may help you determine if you could use an agent’s help.

• Do I benefit by insuring my home with the same company?
• Do I need medical payments coverage since I have good health insurance?
• Is extra glass coverage worth it?
• Can I rent a car in Mexico?
• Does my insurance cover damage caused when ticketed for reckless driving?
• What is the difference between comprehensive and collision coverage?

If you can’t answer these questions, then you may want to think about talking to a licensed agent. To find lower rates from a local agent, simply complete this short form.

The fine print in insurance coverage ads

Companies like State Farm, GEICO and Progressive constantly bombard you with ads in print and on television. All the ads have a common claim that you’ll save big if you switch to their company. How can each company say the same thing?

Different companies can use profiling for the right customer that makes them money. For example, a desirable insured might be between the ages of 30 and 50, insures multiple vehicles, and has great credit. A driver who fits that profile is entitled to the best price and as a result will probably pay quite a bit less when switching companies.

Drivers who don’t meet the “perfect” profile will be quoted more money which usually ends up with business going elsewhere. The ad wording is “customers who switch” not “everybody who quotes” save that kind of money. That’s the way companies can truthfully advertise the savings. This emphasizes why you should get as many quotes as possible. It’s not possible to predict the company that will have the lowest Volvo 940 insurance rates.

The coverage is in the details

Learning about specific coverages of your auto insurance policy can help you determine which coverages you need for your vehicles. The terms used in a policy can be ambiguous and nobody wants to actually read their policy.

Auto collision coverage

This coverage pays for damage to your 940 resulting from a collision with another car or object. You will need to pay your deductible then the remaining damage will be paid by your insurance company.

Collision insurance covers claims like colliding with a tree, damaging your car on a curb and hitting a mailbox. Paying for collision coverage can be pricey, so consider dropping it from older vehicles. You can also bump up the deductible to bring the cost down.

Comprehensive insurance

Comprehensive insurance coverage pays to fix your vehicle from damage OTHER than collision with another vehicle or object. You first have to pay a deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage protects against claims like damage from getting keyed, a tree branch falling on your vehicle, hitting a bird and theft. The highest amount you can receive from a comprehensive claim is the actual cash value, so if the vehicle’s value is low it’s probably time to drop comprehensive insurance.

Uninsured/Underinsured Motorist (UM/UIM)

Your UM/UIM coverage gives you protection when the “other guys” either are underinsured or have no liability coverage at all. Covered claims include hospital bills for your injuries as well as your vehicle’s damage.

Due to the fact that many drivers only purchase the least amount of liability that is required, it doesn’t take a major accident to exceed their coverage limits. This is the reason having UM/UIM coverage is important protection for you and your family.

Liability auto insurance

Liability insurance will cover damage that occurs to other’s property or people. It protects you from legal claims by others. It does not cover your own vehicle damage or injuries.

Liability coverage has three limits: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You might see limits of 25/50/25 which stand for $25,000 bodily injury coverage, a total of $50,000 of bodily injury coverage per accident, and property damage coverage for $25,000.

Liability coverage protects against things like bail bonds, repair costs for stationary objects and repair bills for other people’s vehicles. The amount of liability coverage you purchase is a personal decision, but buy as much as you can afford.

Med pay and Personal Injury Protection (PIP)

Personal Injury Protection (PIP) and medical payments coverage pay for expenses for things like rehabilitation expenses, chiropractic care, dental work and doctor visits. The coverages can be used to fill the gap from your health insurance policy or if you lack health insurance entirely. Medical payments and PIP cover both the driver and occupants as well as being hit by a car walking across the street. Personal Injury Protection is not an option in every state but can be used in place of medical payments coverage

The bottom line

Drivers switch companies for many reasons like delays in responding to claim requests, not issuing a premium refund, high prices and poor customer service. It doesn’t matter why you want to switch choosing a new company is not as difficult as it may seem.

When shopping online for insurance, you should never reduce needed coverages to save money. There have been many cases where someone dropped liability limits or collision coverage to discover at claim time that a couple dollars of savings turned into a financial nightmare. Your focus should be to buy the best coverage you can find at a price you can afford, not the least amount of coverage.

You just read a lot of techniques to save on 1991 Volvo 940 insurance. It’s most important to understand that the more you quote, the more likely it is that you will get a better rate. You may even discover the best price on insurance is with a company that doesn’t do a lot of advertising.

For more information, feel free to browse these articles:

• Rollover Crash FAQ (iihs.org)
• Drunk Driving Statistics (Insurance Information Insitute)
• Car Insurance: When not to Skimp (BankRate.com)
• Your Car has been Stolen: Now What? (Allstate)
• Understanding Limits and Deductibles (Allstate)