Regrettably, nearly 70% of drivers renewed their policy with the same company for at least four years, and nearly half have never shopped around. Oregon insurance shoppers could save an average of approximately $967 each year by just shopping around, but they just assume it takes a lot of time to compare rates online.
If saving the most money is your goal, then the best way to find lower priced Volvo C30 insurance in Portland is to compare prices annually from insurers in Oregon.
- It will benefit you to learn about how companies price auto insurance and the measures you can take to keep rates low. Many rating criteria that result in higher rates like your driving record and an imperfect credit history can be amended by making minor changes in your lifestyle. Later in this article we will cover more ideas to find cheap rates and find hidden discounts.
- Get rate quotes from direct, independent, and exclusive agents. Exclusive agents and direct companies can give quotes from a single company like GEICO or Allstate, while independent agents can give you price quotes from multiple companies.
- Compare the new quotes to your current policy and see if you can save money. If you can save some money and buy the policy, verify that coverage does not lapse between policies.
- Notify your agent or company to cancel the current policy. Submit payment along with a signed and completed policy application to the new insurer. Once the application is submitted, keep the new proof of insurance paperwork in your vehicle.
An important note is that you’ll want to compare identical deductibles and limits on each quote request and to quote with every company you can. Doing this enables a fair rate comparison and a good representation of prices.
Volvo C30 insurance analysis
The table shown below highlights a range of rate quotes for Volvo C30 models. Having insight into how insurance premiums are established can help you make informed coverage decisions.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|C30 T5 R-Design||$166||$302||$326||$20||$98||$912||$76|
|Get Your Own Custom Quote Go|
Prices based on married female driver age 30, no speeding tickets, no at-fault accidents, $1000 deductibles, and Oregon minimum liability limits. Discounts applied include claim-free, safe-driver, homeowner, multi-policy, and multi-vehicle. Rates do not factor in garaging location in Portland which can revise auto insurance rates greatly.
The chart below highlights how deductible choice and can affect Volvo C30 annual premium costs for different insured age categories. Data assumes a single male driver, comprehensive and collision coverage, and no policy discounts are applied.
Full coverage versus liability only rates
The chart below shows the difference between Volvo C30 insurance costs when comparing full coverage to state minimum liability only. The price estimates are based on no tickets, no at-fault accidents, $500 deductibles, marital status is single, and no discounts are taken into consideration.
When to drop comprehensive and collision coverage
There is no specific rule to stop buying full coverage, but there is a general guideline you can use. If the yearly cost of full 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 C30 settlement value is $7,000 and you have $1,000 deductibles. If your vehicle is damaged in an accident, you would only receive $6,000 after you pay the deductible. If it’s costing you more than $600 a year for comprehensive and collision coverage, then you might want to consider buying only liability coverage.
There are some situations where dropping physical damage coverage is not a good plan. If you still owe money on your vehicle, you have to keep full coverage as part of the loan conditions. Also, if you don’t have enough money to buy a different vehicle in the event your current vehicle is totaled, you should maintain full coverage.
Learn How to Lower Your Insurance Costs
The best way to find cheaper auto insurance is to take a look at the different types of things that help calculate the rates you pay for auto insurance. If you have a feel for what determines premiums, this empowers consumers to make smart changes that will entitle you to lower rates. Lots of things are used in the calculation when quoting car insurance. Some are pretty understandable like an MVR report, but other factors are less obvious like where you live and annual miles driven.
The list below includes some of the items that factor into premiums.
Save annual miles and save money – The more you drive your Volvo in a year’s time the more it will cost to insure it. A lot of companies apply a rate partially by how you use the vehicle. Autos used primarily for pleasure use qualify for better rates than vehicles that are driven to work every day. An improperly rated C30 may be wasting your money. Make sure your auto insurance policy is rated on the proper vehicle usage, because improper ratings can cost you money.
Single vs. married – Being married may earn you lower rates on your policy. Having a significant other is viewed as being more mature and responsible and statistics prove married drivers tend to file fewer claims.
Where you call home factors in – Residing in a rural area can save you money when trying to find low car insurance rates. People in densely populated areas regularly have more traffic problems and a longer drive to work. Less people living in that area means less chance of accidents in addition to fewer liability claims.
Premiums also based on gender – Statistics show women tend to be less risk to insure than men. However, this does not mean women are BETTER drivers than men. Both sexes have auto accidents in similar numbers, but males cause more damage. Not only are claims higher, but men get more serious tickets like driving under the influence (DUI).
The example below shows the difference between Volvo C30 premium costs for male and female drivers. The data is based on no claims or driving citations, full physical damage coverage, $250 deductibles, drivers are single, and no discounts are applied.
Drive a fast vehicle and pay more – The type of car, truck or SUV you drive makes a huge difference in your car insurance bill. Low performance passenger cars usually have the lowest rates, but other factors influence the final cost greatly.
The data below uses these variables: single male driver age 50, full coverage with $250 deductibles, and no discounts or violations. It compares Volvo C30 insurance premiums compared to other makes and models that have a range of performance rating factors.
Poor driving means higher prices – Your driving record has a big impact on rates. Just one speeding ticket or other violation could increase your next policy renewal to the point where it’s not affordable. Attentive drivers have lower premiums compared to bad drivers. Drivers who get careless violations such as reckless driving or DUI may find they need to maintain a SR-22 to the state department of motor vehicles in order to drive a vehicle legally.
The chart below illustrates how violations and at-fault fender-benders can affect Volvo C30 annual premium costs for different age groups. The price estimates are based on a married male driver, full coverage, $500 deductibles, and no discounts are applied.
Excellent credit means lower costs – An insured’s credit rating can be a huge factor in calculating your auto insurance rates. Consumers who have high credit ratings tend to be less risk to insure than drivers with lower ratings. If your credit score is lower than you’d like, you may save money insuring your Volvo C30 by repairing your credit.
Oregon auto insurance companies ranked
Insuring your vehicle with the right car insurance provider can be difficult considering how many companies sell coverage in Portland. The rank data listed below can help you pick which companies to look at shopping prices with.
Top 10 Portland Car Insurance Companies Ranked by Customer Service
- State Farm
- The Hartford
- Mercury Insurance
- The General
- AAA Insurance
- American Family
Top 10 Portland Car Insurance Companies Ranked by Claims Service
- State Farm
- AAA Insurance
- Liberty Mutual
- Titan Insurance
- The Hartford
- Mercury Insurance
How much can you save?
As you quote Portland auto insurance, do not buy poor coverage just to save money. There are a lot of situations where consumers will sacrifice comprehensive coverage or liability limits to discover at claim time that the savings was not a smart move. Your focus should be to purchase a proper amount of coverage at an affordable rate but still have enough coverage for asset protection.
Discount Volvo C30 insurance in Portland can be purchased online and from local agencies, and you should be comparing both to have the best chance of lowering rates. Some insurance providers may not offer the ability to get a quote online and these regional carriers prefer to sell through local independent agencies.
For more information, take a look at these articles:
- Smart Auto Insurance Tips (Insurance Information Institute)
- Who Has Cheap Portland Auto Insurance Rates After a Speeding Ticket? (FAQ)
- How Much is Auto Insurance for Immigrants in Portland? (FAQ)
- Red Light Cameras (State Farm)
- Collision Coverage (Liberty Mutual)
- Teen Driver Licensing Information (iihs.org)