2006 Volvo S80 Insurance Rates

Average insurance rates for a 2006 Volvo S80 are $1,110 a year with full coverage. Comprehensive insurance costs approximately $194 a year, collision costs $284, and liability coverage costs $474. Buying a liability-only policy costs as little as $522 a year, with high-risk insurance costing $2,394 or more. Teen drivers receive the highest rates at $4,392 a year or more.

Annual premium for full coverage: $1,110

Rate estimates for 2006 Volvo S80 Insurance

Rate data is compiled from all 50 U.S. states and averaged for all 2006 Volvo S80 models. Rates are based on a 40-year-old male driver, $500 comprehensive and collision deductibles, and a clean driving record. Remaining premium consists of UM/UIM coverage, Medical/PIP, and policy fees.

Price Range by Coverage and Risk

View Chart as Image

These differences demonstrate why it is important for drivers to compare rates using their specific location and risk profile, rather than using price averages.

Use the form below to get rates for your location.

Are you tired of paying out the nose to insure your Volvo every month? You are no different than most other car owners. Many car insurance companies compete for your hard-earned dollar, so it’s not easy to compare every insurance company and uncover the absolute lowest cost out there.

If you have a policy now or need new coverage, you can learn to reduce the price you pay while maximizing coverage. Buying car insurance is easy if you know what you’re doing. Drivers just need to know how to shop their coverage around on the web.

Comprehensive Auto Insurance Comparison

All the larger auto insurance companies like State Farm, GEICO and Progressive give pricing directly from their websites. Getting online rates doesn’t take a lot of time as you simply enter the coverages you want as detailed in the form. When the form is submitted, the system requests credit information and your driving record and returns a price based on these factors. Being able to quote online makes it a lot easier to compare rates but the time required to go to a lot of sites and complete many quote forms can get tiresome after awhile. Unfortunately, it is important to compare as many rates as possible if you want to find better prices.

There is a better way to compare rates

The preferred way to lower your rates uses one form to get prices from a lot of companies. It saves time, eliminates repetitive work, and makes rate comparisons much more efficient. As soon as the form is sent, your coverage is rated and you can select any one of the resulting price quotes.

If one or more price quotes are lower than your current rates, you simply finish the application and purchase the new policy. The entire process takes just a few minutes to complete and you will find out if you’re overpaying now.

To compare pricing, click here to open in a new tab and fill out the form. If you have coverage now, it’s recommended you type in the insurance coverages exactly as shown on your declarations page. This way, you will have rate quotes using the same coverage and limits.

Drivers who switch save $416 a year? Really?

Consumers get pounded daily by advertisements for car insurance savings from the likes of State Farm, GEICO and Progressive. All the ads make an identical promise about savings if you change your coverage to them.

But how can every company make almost identical claims?

Insurance companies are able to cherry pick for the right customer they prefer to insure. For example, a desirable insured might be between 30 and 50, a clean driving record, and has excellent credit. Any new insured that hits that “sweet spot” will get very good rates and most likely will pay quite a bit less when switching companies.

Potential insureds who don’t qualify for the “perfect” profile will be charged higher premiums and ends up with the customer not buying. The ad wording is “drivers who switch” not “people who quote” save money. That’s why companies can truthfully advertise the savings.

That is why you absolutely need to compare many company’s rates. It’s not possible to predict which company will provide you with the cheapest Volvo S80 insurance rates.

How much can you save with discounts?

Insuring your vehicles can cost a lot, but there are discounts available to help bring down the price. Some trigger automatically when you purchase, but some may not be applied and must be manually applied before being credited. If they aren’t giving you every credit available, you’re just leaving money on the table.

• Senior Discount – Mature drivers may be able to get better auto insurance rates on S80 coverage.
• Drive Safe and Save – Safe drivers can pay as much as 50% less on S80 coverage than drivers with accident claims.
• Distant Student – Youth drivers who live away from home without a vehicle on campus can receive lower rates.
• Auto/Life Discount – Some companies give a break if you buy auto and life insurance together.
• Federal Employees – Simply working for the federal government may qualify you for a discount on S80 coverage with certain companies.

It’s important to note that most discount credits are not given to the entire policy premium. A few only apply to specific coverage prices like liability, collision or medical payments. So when the math indicates all those discounts means the company will pay you, you won’t be that lucky. But any discount will reduce the amount you have to pay.

A partial list of companies that may offer these money-saving discounts include:

• Farm Bureau
• MetLife
• Progressive
• AAA
• American Family
• GEICO
• State Farm

It’s a good idea to ask all companies you are considering which discounts you may be entitled to. All car insurance discounts might not be offered in your state.

How much car insurance do I need?

When it comes to buying coverage, there isn’t really a one size fits all plan. Everyone’s situation is a little different so your insurance needs to address that. Here are some questions about coverages that might point out whether you could use an agent’s help.

• Is other people’s property covered if stolen from my vehicle?
• Is business property covered if stolen from my car?
• Who is covered when they drive my 2006 Volvo S80?
• Can my teen drive my company car?
• How can I find cheaper teen driver insurance?
• Am I covered when renting a car or should I buy coverage from the car rental agency?
• What if I owe more than I can insure my car for?
• Should I bundle my homeowners policy with my auto?
• Will my insurance pay for OEM parts?

If you don’t know the answers to these questions, you might consider talking to a licensed insurance agent. If you don’t have a local agent, fill out this quick form or you can go here for a list of companies in your area. It only takes a few minutes and you can get the answers you need.

Specific coverages for a Volvo S80

Knowing the specifics of your insurance policy aids in choosing which coverages you need and proper limits and deductibles. Insurance terms can be confusing and even agents have difficulty translating policy wording. Shown next are typical coverages available from insurance companies.

Collision – This pays for damage to your S80 caused by collision with another car or object. You first must pay a deductible then your collision coverage will kick in.

Collision coverage protects against things such as sideswiping another vehicle, crashing into a ditch, damaging your car on a curb and hitting a mailbox. This coverage can be expensive, so you might think about dropping it from vehicles that are older. Drivers also have the option to choose a higher deductible to get cheaper collision coverage.

Comprehensive protection – This covers damage from a wide range of events other than collision. You first have to pay a deductible and then insurance will cover the rest of the damage.

Comprehensive can pay for claims like hitting a deer, rock chips in glass and fire damage. The highest amount you’ll receive from a claim is the ACV or actual cash value, so if the vehicle’s value is low consider dropping full coverage.

Auto liability insurance – This coverage protects you from damages or injuries you inflict on people or other property in an accident. This coverage protects you against other people’s claims. It does not cover your own vehicle damage or injuries.

It consists of three limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. Your policy might show values of 50/100/50 that means you have $50,000 bodily injury coverage, $100,000 for the entire accident, and $50,000 of coverage for damaged property. Occasionally you may see one limit called combined single limit (CSL) which limits claims to one amount and claims can be made without the split limit restrictions.

Liability coverage pays for things such as bail bonds, medical expenses, repair bills for other people’s vehicles, attorney fees and pain and suffering. How much liability should you purchase? That is a personal decision, but you should buy as much as you can afford.

Uninsured or underinsured coverage – Your UM/UIM coverage protects you and your vehicle when other motorists are uninsured or don’t have enough coverage. This coverage pays for hospital bills for your injuries and damage to your Volvo S80.

Since many drivers have only the minimum liability required by law, their liability coverage can quickly be exhausted. This is the reason having UM/UIM coverage is a good idea. Most of the time your uninsured/underinsured motorist coverages are similar to your liability insurance amounts.

Medical expense coverage – Med pay and PIP coverage reimburse you for short-term medical expenses like EMT expenses, ambulance fees, prosthetic devices, nursing services and X-ray expenses. The coverages can be used to fill the gap from your health insurance program or if you lack health insurance entirely. They cover all vehicle occupants as well as if you are hit as a while walking down the street. Personal injury protection coverage is not available in all states but can be used in place of medical payments coverage

Make an honest buck

We covered some good ideas how to get a better price on 2006 Volvo S80 insurance. The key thing to remember is the more you quote, the more likely it is that you will get a better rate. You may even find the biggest savings come from some of the lesser-known companies. They may only write in your state and offer lower rates compared to the large companies like Allstate or State Farm.

Cheap insurance is definitely available on the web and also from your neighborhood agents, so compare prices from both to get a complete price analysis. Some insurance providers may not provide online quoting and these small insurance companies work with independent agents.

More tips and info about auto insurance can be found at these sites:

• Information for Teen Drivers (GEICO)
• Driving in Bad Weather (Insurance Information Insitute)
• Safety Tips for Teen Drivers (Insurance Information Insitute)
• Cellphones, Texting and Driving (iihs.org)