Best Insurance for a Volvo C70 in Columbus

It’s safe to conclude that auto insurance companies don’t want policyholders to compare prices from other companies. Drivers who rate shop once a year are highly likely to buy a different policy because they have a good chance of finding a lower-cost company. A recent insurance study revealed that people who compared rates once a year saved as much as $860 a year compared to other drivers who don’t make a habit of comparing rates.

If finding the best rates on insurance in Columbus is your intention, understanding the best way to shop and compare coverages can help you succeed in finding affordable rates.

If you want to find the absolute lowest rates, then the best way to save on auto insurance rates is to do a yearly price comparison from providers in Columbus. Drivers can shop around by following these guidelines.

First, spend some time learning about how your policy works and the things you can control to prevent expensive coverage. Many policy risk factors that are responsible for high rates like at-fault accidents, speeding tickets, and a bad credit score can be controlled by improving your driving habits or financial responsibility.

Second, get rate quotes from exclusive agents, independent agents, and direct providers. Exclusive agents and direct companies can only provide price estimates from a single company like Progressive and State Farm, while independent agencies can provide price quotes from multiple sources. Start a quote

Third, compare the new rate quotes to your current policy premium and determine if cheaper C70 coverage is available. If you find a lower rate and make a switch, make sure there is no lapse between the expiration of your current policy and the new one.

Fourth, tell your current company of your intent to cancel your current auto insurance policy. Submit a signed application and payment to the new company. When you receive it, keep the new certificate of insurance in a readily accessible location in your vehicle.

The critical component of shopping around is to compare identical coverages on each price quote and and to analyze as many auto insurance providers as possible. Doing this enables a fair rate comparison and the most accurate and complete price analysis.

The quickest method we recommend to compare rate quotes for Volvo C70 insurance in Columbus is to understand most insurance companies allow for online access to give rate comparisons. The only thing you need to do is give the companies some data like if you have a valid license, if the vehicle is leased, if you went to college, and how old drivers are. Your rating data is instantly provided to multiple top-rated companies and you will get price comparisons quickly.

To check rates for your Volvo C70 now, click here then complete the form.

The following companies are ready to provide price comparisons in Ohio. If multiple companies are shown, we suggest you compare several of them to get the most affordable price.

Car insurance is not optional in Ohio

Despite the high cost of buying insurance for a Volvo C70 in Columbus, buying car insurance is required in Ohio but it also protects you in many ways.

• Almost all states have minimum mandated liability insurance limits which means state laws require a minimum amount of liability insurance coverage in order to drive the car. In Ohio these limits are 25/50/25 which means you must have $25,000 of bodily injury coverage per person, $50,000 of bodily injury coverage per accident, and $25,000 of property damage coverage.
• If your Volvo C70 has a loan, most banks will require that you have insurance to ensure the loan is repaid in case of a total loss. If you do not keep the policy in force, the bank may buy a policy for your Volvo at a significantly higher premium and force you to pay for the expensive policy.
• Insurance safeguards your vehicle and your assets. It will also cover medical bills for you, any passengers, and anyone injured in an accident. One policy coverage, liability insurance, also pays expenses related to your legal defense in the event you are sued. If mother nature or an accident damages your car, comprehensive (other-than-collision) and collision coverage will cover the repair costs.

The benefits of carrying enough insurance definitely exceed the price paid, particularly if you ever have a claim. According to a survey of 1,000 drivers, the average driver is wasting up to $865 each year so it’s important to compare rates at least once a year to be sure current rates are still competitive.

Insurance coverage analysis

The premium information displayed next highlights a range of insurance premium costs for Volvo C70 models. Understanding more about how insurance prices are figured can help drivers make smart choices when purchasing an insurance policy.

Data assumes single male driver age 50, no speeding tickets, no at-fault accidents, $100 deductibles, and Ohio minimum liability limits. Discounts applied include multi-policy, multi-vehicle, claim-free, safe-driver, and homeowner. Rate quotes do not factor in the specific area where the vehicle is garaged which can alter coverage prices considerably.

Policy deductibles

When shopping for insurance, a common question is how high should your deductibles be. The comparison tables below can help you understand the rate fluctuation of buying low and high coverage deductibles. The first set of rates uses a $100 physical damage coverage deductible and the second set of rates uses a $500 deductible.

Table data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Ohio minimum liability limits. Discounts applied include safe-driver, multi-vehicle, claim-free, multi-policy, and homeowner. Price estimates do not factor in vehicle location which can raise or lower premium rates considerably.

Based on these figures, using a $100 deductible costs about $18 more each month or $216 a year across all Volvo C70 models than opting for the higher $500 deductible. Because you would pay $400 more to settle a claim with a $500 deductible as compared to a $100 deductible, if you normally average at a minimum 22 months between claim filings, you would come out ahead if you elect the higher deductible.

The information below illustrates how your choice of deductibles and can influence Volvo C70 insurance prices for different age groups. The information is based on a married male driver, comp and collision included, and no discounts are factored in.

Should you buy full coverage?

The information below shows the difference between Volvo C70 premium costs with full physical damage coverage compared to only buying the minimum liability limits required in Ohio. The rate quotes are based on no tickets, no at-fault accidents, $250 deductibles, drivers are single, and no discounts are taken into consideration.

When to eliminate full coverage

There is no specific rule to eliminate full coverage, but there is a broad guideline. If the annual cost of having full coverage is 10% or more of the replacement cost minus the deductible, then it may be the right time to buy liability only.

For example, let’s assume your Volvo C70 replacement value is $5,000 and you have $1,000 deductibles. If your vehicle is totaled in an accident, the most your company will settle for is $4,000 after paying your deductible. If you are paying in excess of $400 a year for your policy with full coverage, then it could be time to drop full coverage.

There are a few situations where dropping physical damage coverage is not advised. If you still owe a portion of the original loan, you are required to maintain full coverage in order to prevent the bank from purchasing higher-priced coverage. Also, if you don’t have enough money to buy a different vehicle if your current one is totaled, you should not eliminate full coverage.

Discounts for cheaper auto insurance quotes

Insurance can be prohibitively expensive, but there’s a good chance there are discounts that could drop your premiums quite a bit. Certain discounts will be triggered automatically when you quote, but once in a while a discount must be specifically requested prior to getting the savings. If you are not receiving all the discounts available, you are paying more than you should be.

• Resident Student – Any of your kids who are attending college and leave their car at home may be insured at a cheaper rate.
• Bundle and Save – If you combine your homeowners and auto policies and insure them with the same company you could earn a discount of up to 20% off your total C70 insurance premium.
• Waiver for an Accident – Not a discount per se, but companies like Progressive, State Farm and GEICO will forgive one accident before your rates go up with the catch being you have to be claim-free before the accident.
• Discounts for Seat Belt Usage – Drivers who require all occupants to use a seat belt can save up to 15% off the PIP or medical payment premium.
• Passenger Safety Discount – Vehicles with factory air bags can get savings up to 30%.
• Paper-free Discount – Some larger companies may give you up to $50 for buying your policy on your computer.
• Save with a New Car – Buying a new car instead of a used C70 can cost up to 25% less since new model year vehicles have better safety ratings.
• Payment Method – By paying your policy upfront instead of making monthly payments you can actually save on your bill.

It’s important to note that some credits don’t apply to the entire policy premium. A few only apply to the cost of specific coverages such as liability and collision coverage. Even though the math looks like you can get free auto insurance, you won’t be that lucky.

The example below visualizes the comparison of Volvo C70 premium costs with and without discounts applied to the premium. The data assumes a female driver, no claims or violations, Ohio state minimum liability limits, full physical damage coverage, and $100 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with marriage, multi-car, safe-driver, claim-free, homeowner, and multi-policy discounts applied.

Large auto insurance companies and their offered discounts are outlined below.

• State Farm includes discounts for Drive Safe & Save, good driver, multiple policy, driver’s education, Steer Clear safe driver discount, and safe vehicle.
• Progressive offers discounts including continuous coverage, online signing, homeowner, multi-policy, and good student.
• Travelers offers discounts for driver training, student away at school, early quote, new car, and multi-policy.
• American Family has savings for early bird, good driver, defensive driver, bundled insurance, accident-free, and multi-vehicle.
• Liberty Mutual may offer discounts for new move discount, teen driver discount, preferred payment discount, new graduate, and multi-car.

When getting a coverage quote, ask all the companies what discounts are available to you. Some discounts might not be offered on policies in your state. If you would like to see a list of insurers that provide some of the discounts listed above in Ohio, click this link.

Insurance agent or online?

Many drivers would rather get advice from a local agent and that is recommended in a lot of cases Good agents can help determine the best coverages and help submit paperwork. One of the great benefits of getting online price quotes is that drivers can save money and get the best rates and also buy local. Buying from and supporting neighborhood agents is important particularly in Columbus.

By using this simple form, the coverage information is submitted to agents in your area that can give you free Columbus auto insurance quotes for your coverage. You won’t even need to search for an agent since rate quotes are delivered to the email address you provide. If you want to get a comparison quote from a particular provider, you would need to jump over to their website and complete a quote there.

When looking for a good Columbus insurance agent, there are two different types of agencies and how they can service your needs differently. Insurance agents in Columbus can be categorized as either exclusive or independent agents depending on their company appointments. Either one can write policy coverage, but we need to point out the difference in how they write coverage because it can factor into the kind of agent you use.

Independent Insurance Agents

Agents of this type often have affiliation with several companies so they can write business through many different insurance companies depending on which coverage is best. If you want to switch companies, they simply switch companies in-house and you won’t have to switch agencies.

When comparing insurance prices, you will want to compare prices from several independent agencies to get the best comparison.

Shown below is a short list of independent insurance agents in Columbus who may provide price quote information.

More insurance agents

Exclusive Agencies

These agents work for only one company and examples are Allstate, Farmers Insurance, State Farm, and AAA. Exclusive agencies are unable to compare rates from other companies so they have to upsell other benefits. These agents are usually well trained on sales techniques and that can be a competitive advantage.

Shown below are Columbus exclusive insurance agents that can give you comparison quotes.

More insurance agents

Picking a car insurance agent should include more criteria than just a cheap quote. These are some questions your agent should answer.

• How does the company pay claims for a total loss?
• Will a damage claim use OEM or aftermarket replacement parts?
• Are there any discounts that you might be missing?
• Do they see any coverage gaps in your plan?
• Has the agent ever had any license suspensions?
• Does the agency provide any after hours assistance?
• Is insurance their full-time profession?
• Do they receive special compensation for putting your coverage with one company over another?

Situations that may require an agent’s advice

When it comes to a policy, there really is no best way to insure your cars. Each situation is unique so your insurance should reflect that
These are some specific questions may help highlight if you would benefit from an agent’s advice.

• If my pet gets injured in an accident are they covered?
• Who is covered by my policy?
• Is there a penalty for late payment?
• What is no-fault insurance?
• Is pleasure use cheaper than using my Volvo C70 to commute?
• Is my Volvo C70 covered for smoke damage?
• How much cheaper are high deductibles?
• Does my policy cover me when driving someone else’s vehicle?
• When would I need additional glass coverage?
• Can I insure my car for more than it’s worth?

If you don’t know the answers to these questions but you know they apply to you, you may need to chat with a licensed agent. If you want to speak to an agent in your area, fill out this quick form or you can also visit this page to select a carrier It only takes a few minutes and can provide invaluable advice.

A conclusion for your insurance search

When trying to cut insurance costs, it’s very important that you do not skimp on coverage in order to save money. There have been many cases where an insured dropped full coverage only to discover later they didn’t purchase enough coverage. Your objective should be to buy the best coverage you can find at a price you can afford while still protecting your assets.

More affordable insurance in Columbus is possible both online and with local Columbus insurance agents, and you need to comparison shop both so you have a total pricing picture. Some insurance companies may not have rates over the internet and usually these small, regional companies sell through independent agencies.

You just read many ideas to save on Volvo C70 insurance in Columbus. The key concept to understand is the more times you quote, the more likely it is that you will get a better rate. Consumers could even find that the lowest priced insurance comes from a small mutual company. Regional companies can often insure niche markets at a lower cost than their larger competitors like State Farm or Progressive.

More information can be found at the links below

• Understanding Your Insurance Deductible (Insurance Information Institute)
• Who Has Affordable Columbus Auto Insurance Quotes for 17 Year Olds? (FAQ)
• Who Has Cheap Columbus Car Insurance for Unemployed Drivers? (FAQ)
• No-Fault Auto Insurance Statistics (Insurance Information Institute)
• Think You’re a Safe Driver? (State Farm)