Has it been a year or more since you last compared quotes for cheaper Volvo S40 insurance in Pittsburgh? Vehicle owners who are new to comparing insurance rates online could find locating the cheapest Volvo S40 insurance in Pittsburgh is more work than they anticipated.
How to find low-cost rates for Volvo S40 insurance in Pittsburgh
If you want to find the absolute lowest rates, then the best way to get discount Volvo S40 insurance in Pittsburgh is to start doing an annual price comparison from providers in Pennsylvania.
Step 1: Get an understanding of the different coverages in a policy and the things you can change to prevent expensive coverage. Many factors that are responsible for high rates such as at-fault accidents, speeding tickets, and a lousy credit rating can be remedied by making minor changes to your lifestyle.
Step 2: Get rate quotes from independent agents, exclusive agents, and direct companies. Direct companies and exclusive agencies can only quote rates from one company like Progressive or Farmers Insurance, while independent agencies can provide rate quotes from multiple companies.
Step 3: Compare the quotes to your existing policy to determine if you can save on S40 insurance. If you can save some money and decide to switch, make sure there is no lapse between the expiration of your current policy and the new one.
A good tip to remember is that you’ll want to compare the same coverage limits and deductibles on every price quote and and to compare all possible companies. This ensures an accurate price comparison and a complete price analysis.
Amazingly, a recent NerdWallet.com study showed that nearly 70% of customers kept their coverage with the same auto insurance company for a minimum of four years, and virtually 40% of consumers have never compared rates with other companies. With the average auto insurance premium being $1,360, Pennsylvania drivers could save about 55% each year by just comparing rate quotes, but they don’t invest the time required to compare rates.
It’s important to do rate comparisons yearly because prices change frequently. Despite the fact that you may have had the best deal on Volvo S40 insurance in Pittsburgh last year you may be paying too much now. You can find a lot of wrong information about S40 insurance online, but I’m going to show you some great ideas on how to lower your auto insurance rates in Pittsburgh.
To find the best car insurance rates, there are several ways to obtain and compare prices from many car insurance companies in Pennsylvania. The simplest method to find affordable Volvo S40 insurance rates is to perform an online rate comparison.
When comparing car insurance rates, know that making a lot of price comparisons helps you find a lower rate.
The companies shown below provide free quotes in Pennsylvania. To buy cheap car insurance in Pittsburgh, it’s a good idea that you visit several of them to get the cheapest price.
Nine discounts for affordable auto insurance rates
Some insurance providers don’t always list every available discount very well, so we break down both well-publicized and the more hidden savings tricks you should be using when you buy Pittsburgh auto insurance online. If they aren’t giving you every credit possible, you are paying more than you should be.
- Seat Belts Save more than Lives – Using a seat belt and requiring all passengers to buckle their seat belts can save up to 10 percent (depending on the company) off the personal injury premium cost.
- ABS and Traction Control Discounts – Cars with anti-lock braking systems are much safer to drive and qualify for as much as a 10% discount.
- Drive Safe and Save – Insureds who avoid accidents may receive a discount up to 45% than drivers with accidents.
- Discounts for Federal Employees – Employees or retirees of the government can earn a discount up to 10% depending on your auto insurance provider.
- Paper-free Discount – A handful of companies will give you a small discount simply for signing online.
- Military Deployment Discount – Having a family member in the military could qualify you for better prices.
- Mature Driver Discount – Seniors are able to get lower premium rates.
- Accident Forgiveness – This isn’t a discount exactly, but companies like Liberty Mutual and GEICO will let one accident slide without getting socked with a rate hike so long as you are claim-free prior to the accident.
- Memberships – Having an affiliation with a qualifying organization may earn a discount when shopping for auto insurance.
A quick disclaimer, some of the credits will not apply to the whole policy. Most cut the price of certain insurance coverages like comprehensive or collision. Just because it seems like you would end up receiving a 100% discount, it’s just not the way it works.
The illustration below illustrates the comparison of Volvo S40 insurance costs with and without discounts applied. The rates are based on a male driver, no driving violations, no at-fault accidents, Pennsylvania state minimum liability limits, full coverage, and $1,000 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with homeowner, multi-policy, claim-free, multi-car, safe-driver, and marriage discounts applied.
The best auto insurance companies and some of the discounts can be read below.
- Progressive discounts include homeowner, continuous coverage, online signing, multi-policy, online quote discount, multi-vehicle, and good student.
- AAA offers discounts for pay-in-full, education and occupation, anti-theft, good student, multi-car, and good driver.
- Farmers Insurance may have discounts that include switch companies, pay in full, alternative fuel, multi-car, distant student, and good student.
- GEICO has discounts for seat belt use, anti-lock brakes, military active duty, multi-policy, and emergency military deployment.
- Esurance policyholders can earn discounts including emergency road assistance, homeowner, renters, online quote, and claim free.
- SAFECO may offer discounts for homeowner, drive less, multi-car, accident prevention training, safe driver, and teen safety rewards.
- State Farm has savings for driver’s education, multiple autos, safe vehicle, anti-theft, and student away at school.
When comparing rates, check with each insurance company how many discounts you can get. A few discounts may not apply to policies in Pittsburgh.
Volvo S40 detailed coverage information
The premium information shown below covers detailed analysis of insurance policy prices for Volvo S40 models. Learning a little about how rates are figured can be of help when making informed purchases.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| S40 2.4I | $274 | $590 | $346 | $20 | $104 | $1,334 | $111 |
| S40 T5 | $274 | $590 | $346 | $20 | $104 | $1,334 | $111 |
| S40 T5 AWD R-Design | $274 | $590 | $346 | $20 | $104 | $1,334 | $111 |
| Get Your Own Custom Quote Go | |||||||
Above prices assume married female driver age 40, no speeding tickets, no at-fault accidents, $100 deductibles, and Pennsylvania minimum liability limits. Discounts applied include claim-free, safe-driver, multi-policy, homeowner, and multi-vehicle. Premium costs do not factor in specific location which can decrease or increase rates significantly.
Higher deductibles save money
A question often asked by Pittsburgh drivers is how high or low should comp and collision deductibles be. The comparisons below highlight how much more you’ll pay when you choose different comp and collision deductibles. The first set of rates uses a $100 physical damage coverage deductible and the second price table uses a $1,000 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| S40 2.4I | $320 | $602 | $330 | $20 | $98 | $1,395 | $116 |
| S40 T5 | $320 | $602 | $330 | $20 | $98 | $1,395 | $116 |
| S40 T5 AWD R-Design | $320 | $602 | $330 | $20 | $98 | $1,395 | $116 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| S40 2.4I | $178 | $318 | $330 | $20 | $98 | $944 | $79 |
| S40 T5 | $178 | $318 | $330 | $20 | $98 | $944 | $79 |
| S40 T5 AWD R-Design | $178 | $318 | $330 | $20 | $98 | $944 | $79 |
| Get Your Own Custom Quote Go | |||||||
Table data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Pennsylvania minimum liability limits. Discounts applied include claim-free, multi-policy, homeowner, safe-driver, and multi-vehicle. Premium amounts do not factor in specific zip code location which can alter premiums substantially.
Using the premium rates above, we can conclude that using a $100 deductible costs about $37 more each month or $444 every year than opting for the higher $1,000 deductible. Due to the fact that 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 normally average at least 24 months between claim filings, you would probably save some money if you opt for a higher deductible.
How to calculate deductible break even period
| Average monthly premium for $100 deductibles: | $116 |
| Average monthly premium for $1,000 deductibles (subtract): | – $79 |
| Monthly savings from raising deductible: | $37 |
| Difference between deductibles ($1,000 – $100): | $900 |
| Divide difference by monthly savings: | $900 / $37 |
| Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible | 24 months |
One important note is that raising deductibles means you will have to pay more of your own money at claim time. That will require enough extra money in the event you have to pay the deductible.
The diagram below illustrates how your choice of deductibles and can raise or lower Volvo S40 insurance rates for different age groups. The prices are based on a married female driver, full coverage, and no other discounts are factored in.
Annual premiums for males versus females in Pittsburgh
The chart below illustrates the difference between Volvo S40 insurance costs for male and female drivers. The premium estimates are based on no violations or accidents, comprehensive and collision coverage, $250 deductibles, single marital status, and no discounts are applied to the premium.
Pennsylvania car insurance companies
Insuring your vehicle with the highest-rated car insurance provider can be challenging considering how many different companies insure vehicles in Pittsburgh. The ranking information listed below could help you analyze which car insurance companies you want to consider comparing rates from.
Top 10 Pittsburgh Car Insurance Companies Ranked by Customer Service
- Titan Insurance
- The Hartford
- American Family
- Progressive
- USAA
- Travelers
- State Farm
- GEICO
- Erie Insurance
- Allstate
Top 10 Pittsburgh Car Insurance Companies Ranked by Value
- The General
- The Hartford
- Titan Insurance
- Farmers Insurance
- 21st Century
- Safeco Insurance
- AAA Insurance
- State Farm
- Travelers
- Progressive