Best Ways to Save on Portland Volvo S80 Insurance

It goes without saying that auto insurance companies want to keep you from comparing prices. People who shop around annually will most likely move their business because there are good odds of finding lower prices. A recent study showed that consumers who made a habit of comparing rate quotes saved approximately $72 a month compared to those who don’t make a habit of comparing rates.

If finding budget-friendly rates on insurance in Portland is your intention, then having a grasp of the best way to compare insurance premiums can help you be more efficient.

The recommended way to get more affordable Volvo S80 insurance is to begin comparing prices regularly from providers who provide car insurance in Portland.

1. Read and learn about car insurance and the things you can control to prevent high rates. Many things that cause high rates like at-fault accidents, speeding tickets, and an imperfect credit score can be rectified by being financially responsible and driving safely. Keep reading for tips to get low prices and find overlooked discounts.
2. Get rate quotes from direct carriers, independent agents, and exclusive agents. Exclusive agents and direct companies can only give prices from one company like GEICO or Allstate, while agents who are independent can quote prices from multiple companies. Get quotes now
3. Compare the new rate quotes to your existing policy to see if switching to a new carrier will save money. If you find better rates and change companies, make sure there is no coverage gap between policies.
4. Tell your current agent or company of your decision to cancel your current auto insurance policy. Submit payment and a completed application to your new company or agent. As soon as coverage is bound, keep your new proof of insurance paperwork in your glove compartment.

One key aspect of rate comparisons is that you’ll want to make sure you compare similar deductibles and liability limits on each price quote and and to get price quotes from as many carriers as you can. Doing this provides the most accurate price comparison and the best price selection.

If you have auto insurance now, you will definitely be able to get lower rates using the concepts covered in this article. Finding affordable coverage in Portland is much easier if you know where to start. Nevertheless, Oregon consumers need to have an understanding of how companies determine prices and use it to find better rates.

Low Cost Volvo insurance prices in Portland

The following companies provide price quotes in Oregon. If you want to find the cheapest car insurance in OR, it’s a good idea that you get prices from several of them to get the most competitive price.

Volvo S80 insurance statistics and information

The rate table shown below showcases a range of insurance policy prices for Volvo S80 models. Learning how auto insurance policy rates are calculated can benefit drivers when making smart choices when buying a policy.

Prices based on married male driver age 40, no speeding tickets, no at-fault accidents, $250 deductibles, and Oregon minimum liability limits. Discounts applied include multi-vehicle, multi-policy, claim-free, homeowner, and safe-driver. Price information does not factor in your specific Portland location which can influence premiums noticeably.

Policy deductible comparison

When shopping for car insurance, a common question is where to set your physical damage deductibles. The comparisons below can help illustrate the cost difference of buying low and high insurance deductibles. The first table uses a $250 comprehensive and collision deductible and the second set of rates uses a $1,000 deductible.

Data variables include married male driver age 30, no speeding tickets, no at-fault accidents, and Oregon minimum liability limits. Discounts applied include safe-driver, claim-free, multi-vehicle, multi-policy, and homeowner. Price estimates do not factor in specific location information which can impact insurance rates significantly.

Based on these figures, using a $250 deductible costs roughly $31 more each month or $372 annually than selecting the higher $1,000 deductible. Since you would pay $750 more out of your own pocket with a $1,000 deductible as compared to a $250 deductible, if you usually have more than 24 months between claim filings, you would save money by selecting a higher deductible.

The illustration below shows how choosing a deductible and can influence Volvo S80 annual premium costs for each age group. The information is based on a single female driver, comprehensive and collision coverage, and no discounts are factored in.

Rate comparison of male drivers versus female drivers

The illustration below shows the difference between Volvo S80 car insurance costs for male and female drivers. The premiums are based on no claims, a clean driving record, full physical damage coverage, $500 deductibles, single status, and no policy discounts are applied.

Cheap Portland insurance rates with discounts

Insuring your vehicles can cost a lot, but you might be missing out on some discounts to cut the cost considerably. Some discounts will apply when you get a quote, but a few need to be asked about prior to receiving the credit. If you don’t get every credit you qualify for, you could be getting lower rates.

• E-sign – Many insurance companies will provide an incentive for signing up digitally online.
• No Claim Discounts – Drivers with accident-free driving histories have much lower rates when compared with drivers with a long claim history.
• Bundle and Save – If you combine your home and auto policies and insure them both with the same insurance company they may give you a discount of up to 20% off your total S80 insurance premium.
• Good Grades Discount – Being a good student can get you a discount of up to 25%. You can use this discount normally up to age 25.
• Seat Belt Discounts – Buckling up and requiring all passengers to buckle their seat belts can save 10% or more on the medical payments or PIP coverage costs.
• ABS and Traction Control Discounts – Vehicles that have steering control and anti-lock brakes can reduce accidents and therefore earn up to a 10% discount.
• Senior Citizens – Older drivers could receive a small discount on rates.
• Sign Early and Save – Some companies give discounts for switching companies prior to your current S80 insurance policy expiration. Ten percent is about the average savings.

While discounts sound great, it’s important to understand that some credits don’t apply to the entire cost. A few only apply to specific coverage prices like liability and collision coverage. So even though they make it sound like you could get a free insurance policy, it’s just not the way it works. But all discounts should definitely cut your premiums.

The chart below illustrates the comparison of Volvo S80 annual premium costs with and without discounts applied. The rates are based on a female driver, no driving violations, no at-fault accidents, Oregon state minimum liability limits, comprehensive and collision coverage, and $1,000 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with safe-driver, marriage, multi-car, multi-policy, claim-free, and homeowner discounts applied.

A list of insurance companies and some of their more popular discounts are included below.

• Farmers Insurance includes discounts for switch companies, youthful driver, bundle discounts, electronic funds transfer, good student, and homeowner.
• Esurance policyholders can earn discounts including claim free, DriveSense, homeowner, online shopper, renters, good driver, and paid-in-full.
• State Farm has savings for anti-theft, multiple autos, good driver, Steer Clear safe driver discount, driver’s education, and good student.
• GEICO offers discounts including membership and employees, good student, multi-policy, anti-lock brakes, multi-vehicle, and emergency military deployment.
• Allstate has discounts for farm vehicle, passive restraint, EZ pay plan discount, utility vehicle, and senior citizen.

If you need low cost Portland auto insurance quotes, ask every insurance company what discounts are available to you. Some discounts listed above may not apply to policies in Portland.

Insurance is available from local agents

Some people prefer to go talk to an agent and we recommend doing that A nice benefit of comparing insurance online is that you can obtain lower prices and also buy local.

For easy comparison, once you complete this simple form, your information is immediately sent to agents in your area who will gladly provide quotes to get your business. There is no need to drive around since price quotes are sent to you instantly. You can most likely find cheaper rates without the usual hassles of price shopping. If you want to compare prices from a specific insurance company, you just need to find their quoting web page and fill out the quote form the provide.

Selecting an company should depend on more than just the price. These are some questions you should get answers to.

• By raising physical damage deductibles, how much would you save?
• Do they write coverage based solely on cost?
• Does the quote include credit and driving reports?
• Are aftermarket or OEM parts used to repair vehicles?
• Is the agency active in community causes in Portland?

Pick the best auto insurance agent in Portland for you

If you prefer to buy insurance from a reliable agent, you must know there are a couple different types of agents and how they function. Agents are classified as either exclusive or independent agents depending on their company appointments.

Exclusive Agents

Exclusive agents have only one company to place business with like Farmers Insurance, State Farm, or Allstate. Exclusive agents cannot provide other company’s prices so if the price isn’t competitive there isn’t much they can do. Exclusive agencies are trained well on their products and sales techniques which helps overcome the inability to quote other rates.

Listed below are Portland exclusive insurance agents who may provide you with price quote information.

View more Portland agents

Independent Agents (or Brokers)

Agents of this type are normally appointed by many insurers and that enables them to quote your coverage with any number of different companies and possibly get better coverage at lower prices. If they find a cheaper price, they simply move your policy to a different company which makes it simple for you. When comparing rates, you need to compare quotes from several independent agencies to maximize your price options.

Listed below are Portland independent agencies that are able to give price quotes.

View more Portland agents

Specific coverage details

Understanding the coverages of your car insurance policy helps when choosing which coverages you need for your vehicles. The terms used in a policy can be difficult to understand and coverage can change by endorsement. Below you’ll find typical coverages found on the average car insurance policy.

Auto collision coverage

This will pay to fix damage to your S80 from colliding with a stationary object or other vehicle. You have to pay a deductible then the remaining damage will be paid by your insurance company.

Collision insurance covers claims such as scraping a guard rail, sustaining damage from a pot hole and crashing into a building. Collision coverage makes up a good portion of your premium, so you might think about dropping it from lower value vehicles. It’s also possible to increase the deductible on your S80 to save money on collision insurance.

Auto liability

Liability coverage protects you from damage or injury you incur to people or other property. It protects YOU against claims from other people. It does not cover damage sustained by your vehicle in an accident.

Coverage consists of three different limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. As an example, you may have liability limits of 25/50/20 which stand for $25,000 in coverage for each person’s injuries, $50,000 for the entire accident, and $20,000 of coverage for damaged property.

Liability coverage protects against things like bail bonds, repair costs for stationary objects, structural damage, emergency aid and medical expenses. How much coverage you buy is a personal decision, but it’s cheap coverage so purchase as much as you can afford. Oregon state minimum liability requirements are 25/50/20 but it’s recommended drivers buy more coverage.

The illustration below shows why minimum state limits may not be high enough to adequately cover claims.

Coverage for uninsured or underinsured drivers

Uninsured or Underinsured Motorist coverage protects you and your vehicle when other motorists either have no liability insurance or not enough. It can pay for injuries to you and your family and damage to your Volvo S80.

Since a lot of drivers have only the minimum liability required by law (25/50/20), it doesn’t take a major accident to exceed their coverage limits. That’s why carrying high Uninsured/Underinsured Motorist coverage is very important.

Comprehensive car insurance

This coverage covers damage caused by mother nature, theft, vandalism and other events. You need to pay your deductible first then the remaining damage will be covered by your comprehensive coverage.

Comprehensive can pay for things such as falling objects, fire damage, vandalism, hail damage and damage from flooding. The maximum amount you can receive from a comprehensive claim is the ACV or actual cash value, so if your deductible is as high as the vehicle’s value consider dropping full coverage.

Coverage for medical expenses

Personal Injury Protection (PIP) and medical payments coverage kick in for short-term medical expenses for things like nursing services, doctor visits, chiropractic care, EMT expenses and hospital visits. They are often utilized in addition to your health insurance plan or if you lack health insurance entirely. They cover you and your occupants and will also cover being hit by a car walking across the street. PIP is not available in all states and may carry a deductible

Be persistent to save money

In this article, we covered quite a bit of information on how to get a better price on Volvo S80 insurance in Portland. The key concept to understand is the more you quote Portland auto insurance, the better likelihood of getting cheaper Portland auto insurance quotes. Drivers may even discover the lowest priced car insurance comes from some of the lesser-known companies. Some small companies can often provide lower premium rates in certain areas than the large multi-state companies such as Allstate, GEICO and Progressive.

When shopping online for car insurance, it’s a bad idea to skimp on critical coverages to save a buck or two. In many cases, drivers have reduced comprehensive coverage or liability limits and learned later they didn’t have enough coverage. The aim is to buy the best coverage you can find at the best possible price while still protecting your assets.

Even more information is available in the articles below:

• Side Impact Crash Tests (iihs.org)
• How Much are Portland Car Insurance Rates for Good Drivers? (FAQ)
• Who Has the Cheapest Auto Insurance for Inexperienced Drivers in Portland? (FAQ)
• Uninsured Motorist Statistics (Insurance Information Institute)
• Airbag FAQ (iihs.org)
• Insurance losses by make and model (Insurance Institute for Highway Safety)
• State Car Insurance Guides (GEICO)