Would you like an easy way to compare more affordable insurance rates in Omaha, NE? Omaha drivers have many options when trying to find the best price on Volvo XC70 insurance. They can either spend hours contacting agents to get rate comparisons or utilize the internet to get rate quotes.
There are more efficient ways to shop for insurance and you need to know the quickest way to quote coverages for a Volvo and obtain the lowest price from both online companies and Omaha agents.
If you already have coverage or are just looking to switch companies, use these techniques to shop for the lowest rates and still have adequate protection. This article’s goal is to tell you how to effectively get price quotes and some money-saving tips. Smart buyers just need to understand the most time-saving way to compare prices over the internet.
Car insurance providers offering low-cost prices in Nebraska
The companies shown below provide free quotes in Nebraska. In order to find cheap auto insurance in Omaha, NE, it’s highly recommended you compare several of them to find the most affordable car insurance rates.
Volvo XC70 insurance rate analysis
The premium information displayed next highlights detailed analysis of insurance premium costs for Volvo XC70 models. Being aware of how insurance policy rates are established can assist in making decisions on the best policy to buy.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| XC70 3.2 AWD Station Wagon | $324 | $566 | $458 | $28 | $136 | $1,512 | $126 |
| XC70 T6 AWD 4-Dr | $324 | $652 | $458 | $28 | $136 | $1,598 | $133 |
| Get Your Own Custom Quote Go | |||||||
Data based on single female driver age 30, no speeding tickets, no at-fault accidents, $250 deductibles, and Nebraska minimum liability limits. Discounts applied include multi-vehicle, multi-policy, homeowner, claim-free, and safe-driver. Prices do not factor in vehicle location which can decrease or increase price quotes noticeably.
Policy deductibles
When buying car insurance, a common question is how high or low should comp and collision deductibles be. The data tables below can help illustrate how much more you’ll pay when you buy lower versus higher coverage deductibles. The first rate estimation uses a $100 deductible for physical damage and the second data table uses a $1,000 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| XC70 3.2 AWD Station Wagon | $324 | $548 | $338 | $20 | $102 | $1,357 | $113 |
| XC70 T6 AWD 4-Dr | $324 | $632 | $338 | $20 | $102 | $1,441 | $120 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| XC70 3.2 AWD Station Wagon | $180 | $290 | $338 | $20 | $102 | $930 | $78 |
| XC70 T6 AWD 4-Dr | $180 | $334 | $338 | $20 | $102 | $974 | $81 |
| Get Your Own Custom Quote Go | |||||||
Prices above based on married male driver age 30, no speeding tickets, no at-fault accidents, and Nebraska minimum liability limits. Discounts applied include multi-vehicle, claim-free, multi-policy, safe-driver, and homeowner. Price information does not factor in specific Omaha garaging location which can modify price quotes significantly.
Based on the figures above, using a $100 deductible will cost in the ballpark of $37 more each month or $444 every year across all Volvo XC70 models than quoting the higher $1,000 deductible. Since you would have to pay $900 more to file a claim with a $1,000 deductible as compared to a $100 deductible, if you normally average more than 24 months between claims, you would come out ahead if you decide on a higher deductible.
How to calculate deductible break even period
| Average monthly premium for $100 deductibles: | $117 |
| Average monthly premium for $1,000 deductibles (subtract): | – $80 |
| 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 thing to be aware of is that increasing deductibles to save money means you will have to cover more of the damage yourself when you have to file a claim. You must have enough extra savings in the event you have to pay more to get your vehicle repaired.
The information below demonstrates how choosing different deductibles and can affect Volvo XC70 insurance prices for each different age group. The information is based on a single female driver, comprehensive and collision coverage, and no discounts are taken into consideration.
Get cheaper rates on Volvo XC70 insurance in Omaha with these five insurance discounts
Insurance is neither fun to buy or cheap, but you may be missing some discounts that many consumers don’t even know exist. Certain discounts will be applied when you complete an application, but occasionally some discounts must be inquired about before they will apply.
- Save over 55 – Drivers over the age of 55 may qualify for lower premium rates.
- Good Grades Discount – Maintaining excellent grades can be rewarded with saving of up to 25%. Many companies even apply the discount to college students well after school through age 25.
- New Vehicle Savings – Insuring a new XC70 can save up to 30% since newer vehicles have better safety ratings.
- Multiple Vehicles – Having more than one vehicle with the same company can get a discount for every vehicle.
- Multiple Policy Discount – If you insure your home and vehicles with the same company you may save over 10 percent off each policy depending on the company.
One last thing about discounts, most credits do not apply to all coverage premiums. A few only apply to the cost of specific coverages such as comprehensive or collision. So even though they make it sound like you could get a free insurance policy, you aren’t that lucky.
The information below compares Volvo XC70 car insurance costs with and without policy discounts. The data is based on a male driver, no claims or driving violations, Nebraska state minimum liability limits, full coverage, and $250 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with claim-free, safe-driver, multi-policy, multi-car, marriage, and homeowner discounts applied.
Insurance companies that may include these discounts may include but are not limited to:
When comparing rates, check with each company which discounts you may be entitled to. Some of the discounts discussed earlier may not apply to policyholders in Omaha. To see insurance companies offering insurance discounts in Nebraska, click here.
Car insurance agents near you
Many drivers would rather buy from a licensed agent and that is just fine! Licensed agents are very good at helping people manage risk and will help you if you have claims. One of the great benefits of price shopping on the web is that you can obtain the best rates and also buy local. Buying from local agents is especially important in Omaha.
By using this form (opens in new window), the quote information gets sent to local insurance agents who will give you bids for your insurance coverage. There is no need to contact any insurance agencies since rate quotes are delivered to the email address you provide. If you wish to compare rates from one company in particular, you would need to go to their quote page and give them your coverage information.
Finding the right provider shouldn’t rely on just a cheap price quote. Agents should be asked these questions:
- Are aftermarket or OEM parts used to repair vehicles?
- Do they get paid more for recommending certain coverages?
- Do they carry Errors and Omissions coverage?
- Will you get a loaner vehicle if you car is being repaired?
- Is the quote a firm price?
- How often do they review coverages?
Information about specific coverages
Learning about specific coverages of your car insurance policy aids in choosing which coverages you need at the best deductibles and correct limits. Policy terminology can be confusing and reading a policy is terribly boring.
Uninsured Motorist or Underinsured Motorist insurance – Uninsured or Underinsured Motorist coverage protects you and your vehicle from other motorists when they either have no liability insurance or not enough. Covered losses include medical payments for you and your occupants and also any damage incurred to your Volvo XC70.
Because many people carry very low liability coverage limits (Nebraska limits are 25/50/25), it doesn’t take a major accident to exceed their coverage limits. This is the reason having UM/UIM coverage is a good idea. Frequently these coverages are set the same as your liability limits.
Liability coverages – Liability coverage provides protection from injuries or damage you cause to other’s property or people by causing an accident. This coverage protects you against claims from other people. Liability doesn’t 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. You commonly see values of 25/50/25 that means you have a $25,000 limit per person for injuries, $50,000 for the entire accident, and a limit of $25,000 paid for damaged property. Occasionally you may see one number which is a combined single limit which limits claims to one amount with no separate limits for injury or property damage.
Liability can pay for things such as repair costs for stationary objects, structural damage and legal defense fees. How much liability coverage do you need? That is your choice, but consider buying as high a limit as you can afford. Nebraska requires minimum liability limits of 25/50/25 but drivers should carry better liability coverage.
The chart below demonstrates why low liability limits may not be high enough to cover claims.
Collision coverage – This coverage covers damage to your XC70 caused by collision with another vehicle or an object, but not an animal. You have to pay a deductible then the remaining damage will be paid by your insurance company.
Collision can pay for claims like damaging your car on a curb, crashing into a building, colliding with another moving vehicle and scraping a guard rail. Collision is rather expensive coverage, so you might think about dropping it from vehicles that are 8 years or older. It’s also possible to choose a higher deductible on your XC70 to bring the cost down.
Comprehensive coverage (or Other than Collision) – Comprehensive insurance coverage will pay to fix damage from a wide range of events other than collision. You need to pay your deductible first and then insurance will cover the rest of the damage.
Comprehensive coverage pays for things like hail damage, a broken windshield, damage from flooding and damage from getting keyed. The maximum amount a car insurance company will pay at claim time is the actual cash value, so if the vehicle’s value is low it’s probably time to drop comprehensive insurance.
Insurance for medical payments – Med pay and PIP coverage pay for immediate expenses for nursing services, ambulance fees and surgery. They are often used in conjunction with a health insurance policy or if you are not covered by health insurance. Medical payments and PIP cover you and your occupants and also covers getting struck while a pedestrian. Personal injury protection coverage is not available in all states but can be used in place of medical payments coverage
One last note
Insureds who switch companies do it for many reasons like an unsatisfactory settlement offer, poor customer service, delays in paying claims and high rates after DUI convictions. It doesn’t matter why you want to switch finding a new company can be easy and end up saving you some money.
You just learned many ideas to find cheap Volvo XC70 insurance in Omaha. The most important thing to understand is the more price quotes you have, the higher your chance of finding inexpensive Omaha auto insurance quotes. You may even be surprised to find that the most savings is with an unexpected company.
As you restructure your insurance plan, you should never skimp on coverage in order to save money. In many instances, consumers will sacrifice uninsured motorist or liability limits and learned later that the small savings ended up costing them much more. The proper strategy is to get the best coverage possible for the lowest cost while not skimping on critical coverages.
Steps to finding low-cost rates for Volvo XC70 insurance in Omaha
The recommended way to get the cheapest auto insurance rates in Omaha is to start doing an annual price comparison from insurance carriers in Nebraska. Rate comparisons can be done by following these guidelines.
First, get an understanding of how your policy works and the things you can change to keep rates low. Many things that increase rates such as multiple speeding tickets and an unacceptable credit history can be eliminated by making minor driving habit or lifestyle changes.
Second, get rate quotes from exclusive agents, independent agents, and direct providers. Direct companies and exclusive agencies can only give prices from one company like GEICO or State Farm, while independent agents can quote prices from many different companies.
Third, compare the new rate quotes to your existing coverage to see if you can save by switching companies. If you find a better price and change companies, make sure there is no lapse between the expiration of your current policy and the new one.
Fourth, tell your current agent or company to cancel your current coverage. Submit a completed policy application and payment for the new coverage. Immediately place your new certificate verifying coverage along with the vehicle’s registration papers.
One key aspect of rate comparisons is to try to compare the same level of coverage on each price quote and and to look at all possible companies. Doing this ensures an apples-to-apples comparison and a thorough selection of prices.
Additional information is located at these links:
- Determining Auto Insurance Rates (GEICO)
- Who Has the Cheapest Omaha Auto Insurance Rates for a Nissan Altima? (FAQ)
- How Much are Car Insurance Quotes for Drivers Over Age 60 in Omaha? (FAQ)
- Who Has Cheap Auto Insurance for a Company Car in Omaha? (FAQ)
- Who Has Affordable Auto Insurance for Handicapped Drivers in Omaha? (FAQ)
- How Much are Car Insurance Rates for Real Estate Agents in Omaha? (FAQ)
- Protecting Teens from Drunk Driving (Insurance Information Institute)
- Think You’re a Safe Driver? (State Farm)