Sick and tired of not being able to afford to pay your auto insurance bill each month? You are in the same boat as many other drivers in Indiana.
Unbelievable but true, most auto insurance buyers in Indiana have bought auto insurance from the same company for at least four years, and virtually 40% of consumers have never compared rates with other companies. U.S. drivers could save about $850 each year, but most just don't grasp the amount of savings they would get if they bought a different policy.
Because there are so many different company options, it's nearly impossible to locate the lowest price insurance company.
It's smart to do price comparisons at least once a year because auto insurance prices trend upward over time. Just because you found the best price on Volvo C70 insurance in Evansville two years ago there may be better deals available now. There is a lot of bad information regarding C70 insurance on the web, but in this article, you're going to get some tested techniques to lower your auto insurance bill.
Finding the cheapest auto insurance coverage in Evansville is quite easy. In a nutshell, every person who comparison shops for auto insurance will probably find a lower-cost company. But Indiana drivers do need to understand how insurance companies determine premium rates because rates are impacted by many factors.
Cheapest companies for Volvo C70 insurance in Indiana
The companies shown below are ready to provide price comparisons in Evansville, IN. If the list has multiple companies, we recommend you visit as many as you can in order to find the cheapest rates.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|C70 T5 2-Dr Convertible||$236||$486||$240||$14||$72||$1,048||$87|
|Get Your Own Custom Quote Go|
Data assumes single female driver age 40, no speeding tickets, no at-fault accidents, $250 deductibles, and Indiana minimum liability limits. Discounts applied include multi-vehicle, multi-policy, homeowner, safe-driver, and claim-free. Rate information does not factor in garaging location in Evansville which can alter insurance rates greatly.
Higher deductibles save money
The diagram below demonstrates how choosing different deductibles and can raise or lower Volvo C70 insurance prices for different insured age categories. The premiums assume a married male driver, full coverage, and no policy discounts are applied.
Should you buy full coverage?
The chart below shows the difference between Volvo C70 auto insurance costs with full coverage compared to only the Indiana minimum liability coverage. The premiums assume no driving violations, no at-fault accidents, $250 deductibles, single male driver, and no discounts are taken into consideration.
Should you be buying full coverage?
There is no definitive guideline that works best for making the decision to drop full coverage, but there is a general guideline you can use. If the yearly cost for physical damage coverage is 10% or more of the vehicle's replacement cost less your deductible, then you might want to think about dropping full coverage.
For example, let's assume your Volvo C70 replacement value is $3,000 and you have $1,000 deductibles. If your vehicle is destroyed, the most your company would pay you is $2,000 after the policy deductible has been paid. If you are paying more than $200 a year for your policy with full coverage, the it may be a good time to stop paying for full coverage.
There are a few situations where eliminating full coverage is not financially feasible. If you still have a loan on your vehicle, you are required to maintain full coverage in order to prevent the bank from purchasing higher-priced coverage. Also, if your emergency fund is not enough to purchase a different vehicle in the event your current vehicle is totaled, you should maintain full coverage.
Insurance rate increases from tickets or accidents
The illustration below illustrates how speeding tickets and fender-benders increase Volvo C70 car insurance costs for different age groups. The rate quotes are based on a single female driver, comp and collision included, $100 deductibles, and no discounts are applied.
Evansville insurance discounts for a Volvo C70
Companies don't necessarily list every discount very well, so we researched some of the more common and the harder-to-find ways to save on car insurance.
- Memberships - Having an affiliation with qualifying clubs or civic groups could trigger savings when getting a Evansville auto insurance quote.
- Distant Student Discount - College-age children who are attending college and do not have a car could get you a discount.
- Air Bags and Passive Restraints - Factory options such as air bags and/or automatic seat belt systems can receive discounts of up to 25% or more.
- Discount for Life Insurance - Larger car insurance companies have a discounted car insurance rate on car insurance if you buy auto and life insurance together.
- No Claims - Evansville drivers who stay claim-free pay less as opposed to insureds who have frequent claims or accidents.
- Government Employee Discount - Employees or retirees of the government can save as much as 8% depending on your company.
- Pay Now and Pay Less - If you pay your entire premium ahead of time instead of making monthly payments you can avoid the installment charge.
Remember that most discounts do not apply the the whole policy. The majority will only reduce specific coverage prices like comprehensive or collision. Even though it may seem like you can get free auto insurance, it's just not the way it works. But all discounts will cut your policy cost.
A few popular companies and a selection of discounts are detailed below.
- Progressive may have discounts that include good student, online quote discount, multi-policy, multi-vehicle, homeowner, and continuous coverage.
- The Hartford has savings for air bag, defensive driver, vehicle fuel type, bundle, driver training, anti-theft, and good student.
- Mercury Insurance has discounts for good student, ease of repair, location of vehicle, annual mileage, and good driver.
- GEICO offers discounts including federal employee, anti-lock brakes, defensive driver, emergency military deployment, multi-policy, air bags, and five-year accident-free.
- AAA offers discounts for education and occupation, anti-theft, multi-policy, multi-car, and AAA membership discount.
- State Farm may include discounts for safe vehicle, multiple policy, anti-theft, defensive driving training, and Drive Safe & Save.
When getting free Evansville auto insurance quotes, it's a good idea to all companies you are considering what discounts are available to you. All car insurance discounts may not apply to policies in Evansville. To see companies with the best Volvo C70 insurance discounts in Evansville, click this link.
How You Can Control Volvo C70 Insurance Rates
Many factors are part of the equation when you quote your car insurance policy. Some factors are common sense such as your driving record, but others are less obvious such as your marital status or your financial responsibility.
Too many insurance claims will drive rates up - If you're an insured who likes to file claims you can definitely plan on either higher rates or even cancellation. Companies in Indiana give cheaper rates to people who only file infrequent claims. Your car insurance is intended to be relied upon for major claims that would cause financial hardship.
Pay more of a claim out-of-pocket - Deductibles for physical damage tell how much you are willing to pay in the event of a claim. Physical damage insurance, commonly called comprehensive (or other-than-collision) and collision coverage, protects your car from damage. A few examples of covered claims could be a windshield broken by a bird, collision with a deer, and having a roll-over accident. The larger the amount you pay before a claim is paid (deductible), the less your insurance will be.
Discounts for alarm systems - Buying a car with advanced anti-theft systems can get you a discount on your insurance. Theft prevention devices like OnStar, LoJack tracking, and tamper alarms all hinder your car from being stolen.
Good drivers pay the best premiums - Drivers with clean records pay less for auto insurance as compared to careless drivers. Only having one citation may increase your cost by as much as twenty percent. Drivers who have severe tickets such as reckless driving, hit and run or driving under the influence may find that they have to to file a proof of financial responsibility form (SR-22) with their state DMV in order to drive a vehicle legally.
Marriage discount - Having a wife or husband actually saves money when buying insurance. Having a significant other is viewed as being more stable financially and insurance companies reward insureds because married drivers tend to file fewer claims.
Certain jobs pay higher prices - Did you know your insurance rates can be affected by your occupation? Occupations such as fire fighters, social workers and accountants tend to have higher average rates attributed to intense work-related stress and lots of time spent at work. On the other hand, careers like farmers, historians and homemakers generally pay rates lower than average.
Which gender costs less? - Over the last 30 years, statistics show females are less aggressive when driving. Now that doesn't mean women are better drivers. Men and women are in accidents in similar percentages, but the male of the species have costlier accidents. Men also tend to receive more costly citations like DUI and reckless driving. Young males are several times more likely to be in an accident and therefore pay the highest rates.
When should I discuss my situation with an agent?
Always keep in mind that when comparing your policy for your vehicles, there really is not a perfect coverage plan. Everyone's needs are different and your policy should reflect that. For instance, these questions could help you determine if you will benefit from professional help.
- Can I make deliveries for my home business?
- Does rental coverage apply when I am renting a car?
- What is motorclub and do I need it?
- Do I need higher collision deductibles?
- What exactly is covered by my policy?
- Who is covered when they drive my Volvo C70?
If you don't know the answers to these questions but a few of them apply, you might consider talking to an insurance agent. If you want to speak to an agent in your area, simply complete this short form or go to this page to view a list of companies.
Can't I compare prices from local Evansville car insurance agents?
A small number of people still like to buy from a licensed agent and that is not a bad decision The best thing about getting free rate quotes online is you may find cheap auto insurance rates and also buy local.
Once you complete this simple form, your insurance coverage information is submitted to insurance agents in Evansville who will return price quotes and help you find cheaper coverage. You won't even need to search for any insurance agencies as quotes are delivered to the email address you provide. You can get cheaper auto insurance rates without requiring a lot of work. If you need to get a rate quote for a specific company, you would need to visit that company's website and complete a quote there.
Selecting an company is decision based upon more than just the price. Below are some questions you should ask.
- Will high miles depreciate repair valuations?
- Do the coverages you're quoting properly cover your vehicle?
- How are claims handled?
- Are you getting all the discounts the company offers?
- Does their agency support local causes in Evansville?
- How does the company pay claims for a total loss?
Upon receiving acceptable answers to these questions as well as a affordable price, you may have found an insurance company that is professional and can service your policy. But keep in mind it's your policy and you can terminate coverage for any reason so don't feel that you are obligated to any specific agency for a certain time period.
When trying to cut insurance costs, it's very important that you do not skimp on critical coverages to save a buck or two. In too many instances, drivers have reduced full coverage to discover at claim time they didn't purchase enough coverage. Your strategy should be to find the BEST coverage at a price you can afford while still protecting your assets.
Affordable Volvo C70 insurance in Evansville can be purchased online as well as from independent agents in Evansville, and you need to price shop both in order to have the best price selection to choose from. A few companies do not offer rate quotes online and these smaller companies only sell coverage through independent insurance agencies.
You just learned a lot of ways to find lower-cost Volvo C70 insurance in Evansville. The key concept to understand is the more quotes you get, the better your chances of lowering your premium rates. You may even be surprised to find that the lowest car insurance rates come from the least-expected company. Some small companies may only write in your state and offer lower premium rates compared to the large companies like GEICO and State Farm.
Additional learning opportunities
- Frontal Crash Tests (iihs.org)
- Who Has Affordable Car Insurance Quotes for a Nissan Sentra in Indiana? (FAQ)
- Who Has Affordable Indiana Auto Insurance for High Mileage Drivers? (FAQ)
- Who Has Affordable Auto Insurance Rates for Uber Drivers in Indiana? (FAQ)
- Who Has the Cheapest Auto Insurance for Drivers with Good Credit in Indiana? (FAQ)
- Who Has the Cheapest Indiana Auto Insurance for Low Mileage Drivers? (FAQ)
- Automakers compete to add autobraking (Insurance Institute for Highway Safety)
- Understanding Car Crashes Video (iihs.org)
- Determing Auto Insurance Rates (GEICO)