1994 Volvo 850 Insurance Quotes – 9 Tips to Save

Sick and tired of robbing Peter to pay Paul to pay your car insurance bill each month? You’re in the same situation as many other drivers. You have so many auto insurance companies to insure vehicles with, and although it’s nice to be able to choose, it makes it harder to compare rates and cut insurance costs.

It’s a good habit to check insurance coverage prices quite often because prices change frequently. Just because you had the lowest price on 850 insurance a couple years back you can probably find a lower rate today. Starting now, forget all the misinformation about insurance coverage because I’m going to teach you the right way to save on insurance coverage.

Buying the cheapest protection is simple if you know the tricks. If you have a policy now or are just looking to switch companies, you can follow these tips to find better prices and possibly find even better coverage. Drivers just need to learn the tricks to find the lowest price on the web.

Compare Auto Insurance Today

Getting a lower price on 1994 Volvo 850 insurance is surprisingly easy. You just need to spend a few minutes on the computer getting comparison quotes online from several insurance companies. This can be done in several different ways.

  1. The first (and easiest) way consumers can analyze rates is an all-inclusive rate comparison (click to open form in new window). This easy form keeps you from doing boring form submissions for each company. Taking the time to complete one form gets you coverage quotes from auto insurance companies with the best prices.
  2. Another way to get quotes online is going to each company’s website and complete a new quote form. For examples sake, we’ll pretend you want comparison quotes from GEICO, Esurance and American Family. You would have to take the time to go to each site to input your insurance information, which is why most consumers use the first method. To view a list of companies in your area, click here.

Whichever way you use, make darn sure you compare exactly the same information for each price quote. If your comparisons have different values for each quote it will be impossible to make an equal comparison.

Pay less for 1994 Volvo 850 insurance

Insurance can cost an arm and a leg, but you can get discounts to reduce the price significantly. Some trigger automatically at the time you complete a quote, but less common discounts must be asked for before being credited. If they aren’t giving you every credit you deserve, you’re paying more than you need to.

  • Safe Drivers – Safe drivers can pay as much as 50% less on 850 insurance than their less cautious counterparts.
  • Theft Prevention Discount – Vehicles with anti-theft systems can help prevent theft and therefore earn up to a 10% discount.
  • Drivers Education – Have your child enroll in driver’s education if offered at their school.
  • Good Student Discount – A discount for being a good student can earn a discount of 20% or more. The discount lasts well after school through age 25.
  • Accident Free – Claim-free drivers can save substantially compared to drivers who are more careless.
  • Own a Home – Being a homeowner may earn you a small savings because owning a home is proof that your finances are in order.
  • Passive Restraints and Air Bags – Vehicles equipped with air bags and/or automatic seat belt systems can qualify for discounts of 20% or more.
  • Low Mileage – Keeping the miles down on your Volvo can qualify you for better rates on cars that stay parked.
  • Multi-policy Discount – If you insure your home and vehicles with the same insurance company you may save at least 10% off all policies.

Keep in mind that most credits do not apply to your bottom line cost. The majority will only reduce specific coverage prices like comp or med pay. So when it seems like all the discounts add up to a free policy, insurance coverage companies aren’t that generous. Any amount of discount will bring down your overall premium however.

A partial list of companies that may have these money-saving discounts are:

Before buying, ask each insurance company what discounts are available to you. Savings might not be offered in every state.

Tailor your coverage to you

When choosing proper insurance coverage for your personal vehicles, there really is not a best way to insure your cars. Each situation is unique so this has to be addressed. For example, these questions might help in determining if your insurance needs might need professional guidance.

  • Are my friends covered when driving my 1994 Volvo 850?
  • Am I covered when using my vehicle for business?
  • Do I really need UM/UIM coverage?
  • Do I need roadside assistance coverage?
  • Am I covered if I hit my neighbor’s mailbox?
  • Am I covered when driving in Canada or Mexico?
  • Can my teen drive my company car?

If you don’t know the answers to these questions but a few of them apply then you might want to talk to an insurance agent. If you don’t have a local agent, complete this form or go to this page to view a list of companies. It only takes a few minutes and may give you better protection.

Car insurance coverage information

Learning about specific coverages of your policy can be of help when determining which coverages you need and the correct deductibles and limits. Policy terminology can be impossible to understand and coverage can change by endorsement. Listed below are the usual coverages available from car insurance companies.

Medical expense insurance

Medical payments and Personal Injury Protection insurance kick in for short-term medical expenses like EMT expenses, doctor visits, surgery and rehabilitation expenses. The coverages can be used to fill the gap from your health insurance policy or if there is no health insurance coverage. They cover you and your occupants and also covers any family member struck as a pedestrian. PIP coverage is not available in all states but can be used in place of medical payments coverage

Coverage for collisions

This coverage covers damage to your 850 resulting from a collision with an object or car. A deductible applies and the rest of the damage will be paid by collision coverage.

Collision coverage protects against claims like colliding with a tree, backing into a parked car, sustaining damage from a pot hole, crashing into a building and crashing into a ditch. Paying for collision coverage can be pricey, so consider dropping it from older vehicles. Drivers also have the option to increase the deductible to bring the cost down.

Liability car insurance

This will cover damage or injury you incur to other people or property. Liability coverage has three limits: bodily injury per person, bodily injury per accident and property damage. Your policy might show liability limits of 100/300/100 which means a limit of $100,000 per injured person, a total of $300,000 of bodily injury coverage per accident, and a total limit of $100,000 for damage to vehicles and property. Alternatively, you may have one number which is a combined single limit that pays claims from the same limit rather than limiting it on a per person basis.

Liability coverage pays for claims like bail bonds, structural damage, funeral expenses, medical expenses and medical services. The amount of liability coverage you purchase is a decision to put some thought into, but you should buy as large an amount as possible.

Protection from uninsured/underinsured drivers

Uninsured or Underinsured Motorist coverage provides protection 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 850.

Since many drivers carry very low liability coverage limits, their limits can quickly be used up. So UM/UIM coverage should not be overlooked. Usually these limits do not exceed the liability coverage limits.

Comprehensive (Other than Collision)

This coverage covers damage caused by mother nature, theft, vandalism and other events. You need to pay your deductible first then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage pays for claims such as hitting a deer, fire damage, theft and hail damage. The most you’ll receive from a claim is the market value of your vehicle, so if the vehicle is not worth much it’s probably time to drop comprehensive insurance.