Astonishing but true according to a recent study, most car insurance buyers have bought car insurance from the same company for over three years, and almost half have never taken the time to shop around. Pittsburgh insurance shoppers could save as much as $690 every year by just comparing rate quotes, but they underestimate the rate savings if they replace their high priced policy.
The preferred way to find low-cost prices for Volvo C70 insurance in Pittsburgh is to annually compare prices from insurance carriers that sell auto insurance in Pennsylvania.
- Step 1: Spend a few minutes and learn about how companies set rates and the things you can control to prevent high rates. Many factors that result in higher rates like traffic citations and an imperfect credit score can be controlled by being financially responsible and driving safely. Keep reading for instructions to prevent high prices and find discounts that may have been missed.
- Step 2: Request rate estimates from exclusive agents, independent agents, and direct providers. Direct and exclusive agents can provide rates from one company like Progressive or State Farm, while independent agents can quote rates from multiple sources. Get quotes now
- Step 3: Compare the quotes to your existing rates to see if switching to a new carrier will save money. If you find a lower rate quote, make sure the effective date of the new policy is the same as the expiration date of the old one.
- Step 4: Tell your current company to cancel your current car insurance policy. Submit the completed application along with a down payment to the newly selected company. As soon as you can, place the new proof of insurance paperwork in an easily accessible location in your vehicle.
A good tip to remember is that you’ll want to compare identical limits and deductibles on every quote request and and to analyze as many car insurance companies as possible. Doing this enables the most accurate price comparison and a complete rate analysis.
Obtaining price quotes for the cheapest coverage in Pittsburgh is not as hard as you think. In essence, everyone who wants cheaper car insurance should be able to find better rates. But Pennsylvania consumers must know how the larger insurance companies determine premium rates because rates fluctuate considerably.
Volvo C70 insurance statistics and information
The price information below highlights a range of insurance policy prices for Volvo C70 models. Being able to understand how prices are established can be useful when making smart choices when comparing insurance rates.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| C70 T5 2-Dr Convertible | $354 | $742 | $294 | $18 | $88 | $1,496 | $125 |
| Get Your Own Custom Quote Go | |||||||
Above prices assume single female driver age 30, no speeding tickets, no at-fault accidents, $100 deductibles, and Pennsylvania minimum liability limits. Discounts applied include multi-policy, multi-vehicle, claim-free, homeowner, and safe-driver. Estimates do not factor in vehicle garaging location which can decrease or increase prices substantially.
Choosing deductibles
When buying auto insurance, a common question is which deductible level should you buy. The following insurance rates may aid in understanding how much more you’ll pay when you buy lower versus higher physical damage coverage deductibles. The first set of prices uses a $250 deductible for comp and collision and the second set of prices uses a $500 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| C70 T5 2-Dr Convertible | $288 | $506 | $218 | $12 | $66 | $1,115 | $93 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| C70 T5 2-Dr Convertible | $234 | $408 | $218 | $12 | $66 | $938 | $78 |
| Get Your Own Custom Quote Go | |||||||
Data based on married male driver age 30, no speeding tickets, no at-fault accidents, and Pennsylvania minimum liability limits. Discounts applied include homeowner, safe-driver, multi-policy, multi-vehicle, and claim-free. Price estimates do not factor in zip code location which can modify coverage prices significantly.
Based on this data, using a $250 deductible costs about $15 more each month or $180 every year across all Volvo C70 models than choosing the higher $500 deductible. Because you would pay $250 more if you file a claim with a $500 deductible as compared to a $250 deductible, if you normally average at a minimum 17 months between claims, you would save money if you decide on a higher deductible. Here is a better example of how this decision is made.
| Average monthly premium for $250 deductibles: | $93 |
| Average monthly premium for $500 deductibles (subtract): | – $78 |
| Monthly savings from raising deductible: | $15 |
| Difference between deductibles ($500 – $250): | $250 |
| Divide difference by monthly savings: | $250 / $15 |
| Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible | 17 months |
The information below demonstrates how choosing different deductibles and can influence Volvo C70 annual premium costs for each different age category. The price estimates are based on a single male driver, comprehensive and collision coverage, and no policy discounts are applied.
Does full coverage make sense?
The illustration below visualizes the comparison of Volvo C70 premium costs with full coverage compared to only the Pennsylvania minimum liability coverage. The premiums assume no violations or claims, $100 deductibles, single status, and no discounts are factored in.
Guidelines for eliminating full coverage
There is no exact formula to exclude comprehensive and collision coverage on your policy, but there is a general school of thought. If the yearly cost of full coverage is more than around 10% of any settlement you would receive from your insurance company, then you may want to consider only buying liability coverage.
For example, let’s pretend your Volvo C70 claim settlement value is $6,000 and you have $1,000 policy deductibles. If your vehicle is severely damaged, the most your company will settle for is $5,000 after you pay the deductible. If it’s costing in excess of $500 a year to have full coverage, then it could be time to drop full coverage.
There are a few situations where buying only liability insurance is not a good plan. If you still have a lienholder on your title, you must maintain physical damage coverage to protect the lienholder’s interest. Also, if you don’t have enough money to buy a different vehicle in the event your current vehicle is totaled, you should not drop full coverage.
Components of Your Volvo C70 Insurance Costs
A large part of saving on auto insurance is knowing some of the elements that go into determining your auto insurance rates. If you understand what controls the rates you pay, this empowers consumers to make smart changes that could help you find big savings. Many things are used when premium rates are determined. Some of the criteria are obvious like your driving record, although others are less apparent like your continuous coverage and annual miles driven.
Get hitched and pay less – Having a wife or husband helps lower the price compared to being single. Having a significant other is viewed as being more mature and responsible and statistics prove married couples file fewer claims.
GPS tracking and theft deterrents reduce prices – Purchasing a vehicle with advanced anti-theft systems can help lower your rates. Anti-theft devices like OnStar, LoJack tracking, and tamper alarms help track and prevent auto theft and help lower rates.
Performance influences costs – The make and model of the car or truck you drive makes a significant difference in your car insurance bill. The lowest premiums will normally be found when insuring lower cost passenger cars, but the cost you end up paying is determined by many additional factors.
The chart below uses these assumptions: single male driver age 20, full coverage with $500 deductibles, and no discounts or violations. It illustrates Volvo C70 insurance rates compared to other vehicles that have different performance rating factors.
Women pay lower rates – Statistics show women are more cautious behind the wheel. However, don’t assume that men are WORSE drivers than women. Males and females are responsible for accidents in similar numbers, but males tend to have more serious accidents. In addition to higher claims, males also get ticketed for serious violations like reckless driving and DUI. Male teenagers are the most expensive to insure so it costs more to insure them.
The chart below visualizes the comparison of Volvo C70 insurance premiums for male and female drivers. The rates are based on a clean driving record, no claims, full coverage, $500 deductibles, drivers are single, and no additional discounts are factored in.
Older drivers pay less – Older people are more responsible, statistically cause fewer accidents, and tend to be get fewer driving tickets. Teenage drivers have a tendency to be easily distracted when behind the wheel and because of this, their auto insurance rates are much higher.
The following data assumes a single driver, full coverage with $250 deductibles, and no discounts or violations.
Driving citations cost more than a fine – How you drive influences premium rates substantially. Good drivers receive lower rates as compared to careless drivers. Even a single ticket may cause rates to rise substantially. Drivers who get flagrant violations like DUI or willful reckless driving may find that they have to to submit a SR-22 form with their state DMV in order to drive a vehicle legally.
The information below illustrates how traffic citations and at-fault fender-benders can impact Volvo C70 auto insurance rates for different age categories. The costs are based on a married male driver, full physical damage coverage, $500 deductibles, and no policy discounts are applied.
City dwellers may pay more – Being located in a rural area is a positive aspect when shopping for auto insurance. Fewer drivers on the road means fewer accidents and a lower car theft rate. Drivers in populated Pennsylvania areas tend to have more aggressive driving styles and much longer commute distances. Longer commute distances means more chances of being involved in an auto accident.
Small claims can cost you – Car insurance companies in Pennsylvania award the best rates to policyholders who are not frequent claim filers. If you are a frequent claim filer, you can definitely plan on increased rates or even have your policy non-renewed. Your insurance policy is designed for larger claims.
More effort can pay off
Cost effective Volvo C70 insurance is definitely available from both online companies and with local Pittsburgh insurance agents, and you should compare price quotes from both to have the best selection. Some insurance providers do not provide rate quotes online and most of the time these small insurance companies work with independent agents.
You just learned quite a bit of information on how to save on Volvo C70 insurance in Pittsburgh. The key concept to understand is the more quotes you get, the higher the chance of saving money. You may even find the most savings is with a company that doesn’t do a lot of advertising. These companies often have lower rates on specific markets than their larger competitors like State Farm and Allstate.
As you quote Pittsburgh auto insurance, don’t be tempted to skimp on coverage in order to save money. Too many times, an insured cut physical damage coverage and discovered at claim time that their decision to reduce coverage ended up costing them more. Your focus should be to get the best coverage possible at the best possible price, but do not sacrifice coverage to save money.
More information can be read below:
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- How Much is Auto Insurance for a Hyundai Sonata in Pittsburgh? (FAQ)
- Who Has Cheap Pittsburgh Auto Insurance Quotes for Electric Cars? (FAQ)
- Who Has the Cheapest Auto Insurance Rates for Uber Drivers in Pittsburgh? (FAQ)
- Who Has Affordable Auto Insurance for Drivers Under 25 in Pittsburgh? (FAQ)
- What Insurance is Cheapest for Low Mileage Drivers in Pittsburgh? (FAQ)
- Who Has Affordable Auto Insurance for Postal Workers in Pittsburgh? (FAQ)
- Prepare your Teens for Safe Driving (InsureUonline.org)
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- What is Full Coverage? (Allstate)