Cheapest Insurance for a Volvo XC70 in Portland

It takes a few minutes, but the best way to get affordable Volvo XC70 insurance in Portland is to start comparing rates regularly from providers in Oregon. You can compare rates by following these steps.

First, try to comprehend what is in your policy and the steps you can take to keep rates down. Many rating factors that cause high rates like speeding tickets, accidents and a substandard credit score can be amended by making minor changes to your lifestyle.

Second, request rate estimates from exclusive agents, independent agents, and direct providers. Exclusive and direct companies can only quote rates from one company like GEICO or Farmers Insurance, while independent agents can quote prices for a wide range of companies.

Third, compare the quotes to the premium of your current policy and see if you can save money. If you find a lower rate quote and buy the policy, verify that coverage does not lapse between policies.

Fourth, tell your current company to cancel your current policy and submit payment along with a signed and completed policy application to your new company or agent. Make sure you keep your new certificate verifying proof of insurance in a readily accessible location in your vehicle.

An important bit of advice to remember is to try to use identical coverages on each quote and to quote with as many companies as you can. This ensures an accurate price comparison and maximum price selection.

Discount Volvo XC70 insuranceIt’s safe to assume that car insurance companies don’t want you quoting rates from other companies. Consumers who compare rates at least once a year are very likely to buy a different policy because there is a high probability of finding a more affordable policy. A recent survey revealed that consumers who shopped around every year saved $70 a month compared to those who never shopped around for better prices.

If finding budget-friendly rates on Volvo XC70 insurance is your intention, then having an understanding of how to shop for auto insurance can save time and money.

If you have insurance now, you will most likely be able to lower your rates using these techniques. Finding and comparing the best-priced policy in Portland is not that difficult. Nevertheless, Oregon consumers must learn how insurance companies price online insurance and use this information to your advantage.

Compare free Portland Volvo XC70 insurance quotes

When comparison shopping, there are several ways to compare prices from different Portland insurance companies. The fastest way to find cheaper Volvo XC70 rates is to use the internet to compare rates.

When comparing car insurance rates, know that getting more free quotes helps locate more affordable rates. Some insurance companies are not set up to provide Portland XC70 insurance quotes over the internet, so it’s important to compare price quotes from the smaller companies as well.

The companies shown below provide quotes in Portland, OR. If you want to find the cheapest car insurance in Portland, it’s a good idea that you visit two to three different companies in order to find the lowest rates.

Do you qualify for discounts on Volvo XC70 insurance in Portland?

Car insurance companies don’t always advertise the complete list of policy discounts very clearly, so the following is a list of a few of the more well known and also the more inconspicuous savings tricks you should be using when you buy Portland car insurance online.Discount car insurance

As a footnote on discounts, most discount credits are not given to the whole policy. Most only apply to individual premiums such as liability and collision coverage. Even though it appears all the discounts add up to a free policy, companies don’t profit that way.

The example below compares Volvo XC70 insurance costs with and without discounts applied to the premium. The premiums are based on a female driver, no claims or driving citations, Oregon state minimum liability limits, full physical damage coverage, and $500 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with homeowner, multi-policy, marriage, safe-driver, claim-free, and multi-car discounts applied.

A partial list of companies that possibly offer these discounts possibly include:

If you need low cost Portland car insurance quotes, ask each company which discounts you may be entitled to. Some of the earlier mentioned discounts may not be available in your area. To see car insurance companies that offer many of these discounts in Oregon, follow this link.

Volvo XC70 coverage analysis

The premium information shown below showcases different prices for Volvo XC70 models. Being more informed about how insurance policy premiums are formulated can help guide drivers when making smart buying decisions.

Volvo XC70 Insurance Rates in Portland, OR
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
XC70 3.2 AWD Station Wagon $338 $672 $436 $26 $130 $1,602 $134
XC70 T6 AWD 4-Dr $338 $774 $436 $26 $130 $1,704 $142
Get Your Own Custom Quote Go

Above prices assume single male driver age 40, no speeding tickets, no at-fault accidents, $100 deductibles, and Oregon minimum liability limits. Discounts applied include homeowner, claim-free, multi-policy, safe-driver, and multi-vehicle. Table data does not factor in specific location which can increase or decrease coverage rates substantially.

Physical damage deductibles

One of the more difficult decisions when buying insurance is where should you set your physical damage deductibles. The figures shown below may aid in understanding the cost difference of buying low and high physical damage deductibles. The first rate estimation uses a $100 physical damage deductible and the second set of rates uses a $1,000 deductible.

Volvo XC70 insurance with $100 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
XC70 3.2 AWD Station Wagon $346 $586 $362 $22 $108 $1,449 $121
XC70 T6 AWD 4-Dr $346 $674 $362 $22 $108 $1,537 $128
Get Your Own Custom Quote Go

Volvo XC70 insurance with $1,000 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
XC70 3.2 AWD Station Wagon $192 $308 $362 $22 $108 $992 $83
XC70 T6 AWD 4-Dr $192 $356 $362 $22 $108 $1,040 $87
Get Your Own Custom Quote Go

Prices based on married male driver age 30, no speeding tickets, no at-fault accidents, and Oregon minimum liability limits. Discounts applied include safe-driver, multi-policy, claim-free, homeowner, and multi-vehicle. Premium costs do not factor in the specific area where the vehicle is garaged which can revise prices significantly.

Based on this data, using a $100 deductible costs approximately $40 more each month or $480 every year than quoting the higher $1,000 deductible. Since you would have to pay $900 more if you file a claim with a $1,000 deductible as compared to a $100 deductible, if you have more than 23 months between claim filings, you would probably save some money by selecting a higher deductible.

Careless driving habits raise insurance rates

The example below demonstrates how traffic citations and at-fault accidents can impact Volvo XC70 insurance costs for different insured age categories. The price estimates are based on a single female driver, full physical damage coverage, $500 deductibles, and no discounts are applied to the premium.

Volvo XC70 liability rates compared to full coverage

The chart below shows the difference between Volvo XC70 annual premium costs with and without physical damage coverage, medical payments, and uninsured/under-insured motorist coverage. The premiums assume a clean driving record, no at-fault accidents, $500 deductibles, marital status is single, and no other discounts are factored in.

Are you wasting money paying for full coverage?

There is no definitive formula to exclude full coverage on your policy, but there is a general guideline you can use. If the annual cost of coverage is more than 10% of the settlement you would receive from your company, then you might consider buying liability only.

For example, let’s say your Volvo XC70 book value is $5,000 and you have $1,000 physical damage deductibles. If your vehicle is damaged in an accident, the most your company will settle for is $4,000 after you pay the deductible. If you are paying in excess of $400 annually for comprehensive and collision coverage, then it’s probably a good time to buy liability coverage only.

There are some circumstances where dropping full coverage is not recommended. If you still have a lienholder on your title, you have to maintain full coverage as part of the loan conditions. Also, if you can’t afford to buy a different vehicle in the event your current vehicle is totaled, you should not eliminate full coverage.

Insurance Rate Influencing Factors

Multiple criteria are considered when you get your auto insurance bill. Some factors are common sense such as your driving history, although some other factors are more transparent like your continuous coverage or how financially stable you are.

The itemized list below are some of the factors companies use to determine your rates.

High comp and collision deductibles equal low rates – Physical damage coverage, otherwise known as comp (or other than collision) and collision, protects your Volvo from damage. Some coverage claims are colliding with a building, collision with an animal, and windstorm damage. Your deductibles define how much the insured will be required to pay if you file a covered claim. The more of the claim the insured is willing to pay, the better rate you will receive.

Do you really need to file those insurance claims? – If you frequently file small claims, don’t be surprised to see higher rates. Insurance companies in Oregon generally give cheaper rates to drivers who are claim-free. Auto insurance is designed for the bigger claims that can’t be paid out-of-pocket.

Rate your vehicle for proper use – The more you drive each year the more you will pay for insurance. A lot of companies calculate rates based upon how the vehicle is primarily used. Vehicles left parked in the garage receive better premium rates than cars that get driven a lot. Ask your agent if your vehicle rating shows how each vehicle is driven, because improper ratings can cost you money. Incorrect rating for your XC70 may be costing you higher rates.

Insurance rates in urban areas – Choosing to live in a small town is a positive aspect when insuring your vehicles. Less people translates into fewer accident claims in addition to lower liability claims. People in densely populated areas have congested traffic and longer commute times. Higher commute times means more chances of being involved in an auto accident.

Eliminate extra coverages – There are a lot of optional add-on coverages you can purchase if you aren’t careful. Insurance for personal injury protection, accidental death, and additional equipment coverage may not be needed and are just wasting money. These coverages may sound good at first, but if you don’t need them think about removing them and cutting costs.

Never have policy lapses – Not maintaining insurance is against the law and companies may charge more for letting your coverage have a gap. Not only will you pay higher rates, failure to provide proof of insurance could earn you fines and jail time. You will then be forced to prove you have insurance by filing a SR-22 with the Oregon department of motor vehicles.

Liability coverage limits should be high – Liability coverage kicks in if you are found liable for damages caused by your negligence. It will provide you with a defense in court starting from day one. It is affordable coverage compared to comp and collision, so drivers should carry high limits.

Insurance loss data for a Volvo XC70 – Insurers use past insurance losses to help calculate a profitable premium rate. Vehicles that historically have higher number or severity of losses will have a higher premium rate.

The table below shows the compiled insurance loss statistics for Volvo XC70 vehicles. For each insurance policy coverage type, the claim probability for all vehicles combined as an average equals 100. Numbers below 100 indicate better than average losses, while values over 100 point to more losses or statistically larger losses.

Volvo XC70 Insurance Loss Statistics
Make and Model Collision Property Damage Comp Personal Injury Medical Payment Bodily Injury
Volvo XC70 Station Wagon 2WD 69
Volvo XC70 Station Wagon 4WD 79 70 94 45

Empty fields indicate not enough data collected
Statistics from for 2013-2015 Model Years

Local Portland car insurance agents

Some people still like to get advice from a local agent and that is a smart decision One of the best bonuses of comparing insurance prices online is the fact that drivers can get the best rates and also buy local.

Insurance agency in PortlandOnce you complete this short form, your information is immediately sent to local insurance agents in Portland who can give free rate quotes for your coverage. You won’t need to find an agent because quoted prices will be sent straight to your inbox. You’ll get the best rates AND an agent nearby. If you have a need to compare rates from a specific insurance company, just search and find their rate quote page and fill out their quote form.

Finding the right provider should include more criteria than just the price. These questions are important to ask:

Shown below is a short list of car insurance companies in Portland that may be able to provide price quotes for Volvo XC70 insurance in Portland.

More Portland agents

When in doubt talk to an agent

When selecting adequate coverage, there isn’t really a “best” method to buy coverage. You are unique so your insurance should reflect thatSafe vehicles cost less to insure
Here are some questions about coverages that could help you determine whether your personal situation might need an agent’s assistance.

If it’s difficult to answer those questions but a few of them apply, you may need to chat with an agent. If you want to speak to an agent in your area, fill out this quick form or click here for a list of car insurance companies in your area.

Oregon car insurance companies ranked

Finding a good quality insurance provider can be challenging considering how many choices drivers have in Portland. The company ratings listed below could help you choose which auto insurance companies to look at to insure your vehicles.

Top 10 Portland Car Insurance Companies Ranked by Value

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

Top 10 Portland Car Insurance Companies by A.M. Best Rank

  1. USAA – A++
  2. Travelers – A++
  3. GEICO – A++
  4. State Farm – A++
  5. The Hartford – A+
  6. Esurance – A+
  7. Nationwide – A+
  8. Allstate – A+
  9. Mercury Insurance – A+
  10. Titan Insurance – A+

Auto insurance savings summarized

As you prepare to switch companies, it’s not a good idea to skimp on coverage in order to save money. There are many occasions where an insured cut collision coverage and learned later that their decision to reduce coverage ended up costing them more. Your aim should be to buy enough coverage at an affordable rate, but don’t skip important coverages to save money.

In this article, we covered many ways to reduce Volvo XC70 insurance car insurance rates online in Portland. The most important thing to understand is the more price quotes you have, the higher the chance of saving money. You may even find the lowest car insurance rates come from a small mutual company. Regional companies may only write in your state and offer lower premium rates as compared to the big name companies such as Allstate or State Farm.

Additional information can be read at the links below