How to Compare Denver Volvo S40 Insurance

Discount Volvo S40 insuranceHow long have you put off shopping around for lower-priced Volvo S40 insurance in Denver? Overpriced Volvo S40 insurance in Denver can overdraw your accounts and make it tough to pay other bills. Comparing cost estimates is a fast and free way to reduce premiums and put more money in your pocket.

Regrettably, nearly 70% of customers have bought auto insurance from the same company for over three years, and about 40% of consumers have never even shopped around for cheaper coverage. With the average premium in the United States being $1,847, drivers could save approximately $850 every year, but they underestimate the amount of money they would save if they switched.

Due to the increasing number of companies and agents to choose from, it’s difficult to choose a lower cost auto insurance provider.

It’s important to compare rates once or twice a year because insurance prices tend to go up over time. Just because you had the best deal on Volvo S40 insurance in Denver a few years ago other companies may now be cheaper. You’ll find quite a bit of inaccurate information about S40 insurance on the internet, but by reading this article, you’re going to learn some great ways to reduce your auto insurance bill.

To get affordable Volvo S40 insurance quotes, there a variety of ways to compare rate quotes from car insurance companies in your area. One of the best ways to compare Volvo S40 insurance prices is to get quotes online.

Doing price comparisons online is so simple that it makes it a waste of time to drive to insurance agencies in your area. The ability to quote Volvo S40 insurance online makes this process obsolete unless you require the professional guidance that can only be provided by a licensed insurance agent. You can, however, comparison shop online but still have the advice of a local agent. When quoting car insurance, remember that comparing all the rates in your area helps increase your odds of locating more affordable rates.

The companies shown below offer free quotes in Colorado. If several companies are displayed, we suggest you get price quotes from several of them to get the cheapest price.

Volvo S40 Insurance Rates in Denver, CO
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
S40 2.4I $210 $416 $474 $28 $142 $1,270 $106
S40 T5 $190 $340 $352 $20 $106 $1,008 $84
S40 T5 AWD R-Design $306 $538 $352 $20 $106 $1,322 $110
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Above prices assume married male driver age 30, no speeding tickets, no at-fault accidents, $250 deductibles, and Colorado minimum liability limits. Discounts applied include claim-free, safe-driver, multi-policy, homeowner, and multi-vehicle. Rate information does not factor in the specific area where the vehicle is garaged which can increase or decrease auto insurance rates noticeably.

Deductible comparison

One common question asked by Denver drivers is how high should the deductibles for physical damage be. The rates shown below can help you understand the cost difference when you select higher and lower deductibles. The first pricing table uses a $250 physical damage deductible and the second rate table uses a $1,000 deductible.

Volvo S40 insurance rates with $250 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
S40 2.4I $306 $538 $352 $20 $106 $1,347 $112
S40 T5 $306 $538 $352 $20 $106 $1,347 $112
S40 T5 AWD R-Design $306 $538 $352 $20 $106 $1,347 $112
Get Your Own Custom Quote Go

Volvo S40 insurance rates with $1,000 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
S40 2.4I $190 $340 $352 $20 $106 $1,008 $84
S40 T5 $190 $340 $352 $20 $106 $1,008 $84
S40 T5 AWD R-Design $190 $340 $352 $20 $106 $1,008 $84
Get Your Own Custom Quote Go

Prices above based on married male driver age 30, no speeding tickets, no at-fault accidents, and Colorado minimum liability limits. Discounts applied include multi-vehicle, homeowner, claim-free, multi-policy, and safe-driver. Rates do not factor in specific Denver garaging location which can alter premiums substantially.

Based on the data above, we can derive that using a $250 deductible will cost you roughly $28 more each month or $336 for a full year than buying the higher $1,000 deductible. Since you would pay $750 more if you turn in a claim with a $1,000 deductible as compared to a $250 deductible, if you normally go at least 27 months between claims, you would come out ahead going with the higher deductible.

Denver auto insurance discounts

Auto insurance is not cheap nor is it fun to buy but you can get discounts to reduce the price significantly. Certain reductions will be credited at quote time, but a few must be asked for before being credited.Auto insurance discounts

As a footnote on discounts, most discount credits are not given to the whole policy. Most cut the cost of specific coverages such as comprehensive or collision. So despite the fact that it appears having all the discounts means you get insurance for free, it just doesn’t work that way.

A list of companies and some of the premium reductions they offer are shown below.

If you want the cheapest Volvo S40 rate quotes, ask each company or agent which discounts can lower your rates. Some of the discounts discussed earlier might not be offered on policies in Denver. If you would like to choose from a list of insurers that can offer you the previously mentioned discounts in Denver, click this link.

Best reasons to buy insurance in Colorado

Despite the high cost, maintaining insurance is mandatory in Colorado but it also protects more than you think.

The benefits of having insurance more than offset the price you pay, especially if you ever need it. But the average American driver overpays as much as $865 each year so shop around at every policy renewal to ensure rates are competitive.

There’s no such thing as the perfect car insurance policy

Keep in mind that when it comes to choosing coverage online or from an agent for your vehicles, there really is no cookie cutter policy. Coverage needs to be tailored to your specific needs and your policy should reflect that.Car insurance savings
These are some specific questions can help discover if your situation would benefit from an agent’s advice.

If you don’t know the answers to these questions but you think they might apply to your situation, you may need to chat with an agent. If you want to speak to an agent in your area, complete this form or click here for a list of car insurance companies in your area.

Shop online but buy locally

A lot of people would rather sit down and talk to an agent and that is OK! A nice benefit of comparing rate quotes online is that drivers can save money and get cheaper prices but also keep your business local. Supporting local agents is important particularly in Denver.

Denver insurance agentsTo find an agent, once you fill out this quick form, the coverage information is immediately sent to local insurance agents that can provide free Denver car insurance quotes for your business. There is no need to leave your house since rate quotes are delivered directly to you. You can find lower rates AND an agent nearby. If you need to quote rates from a specific insurance company, don’t hesitate to navigate to their website and submit a quote form there.

Shown below is a short list of auto insurance companies in Denver that may be willing to give price quotes for Volvo S40 insurance in Denver.

600 S Cherry St #900Denver, CO 80246(800) 636-6185View Map

671 E 19th AveDenver, CO 80203(303) 744-0757View Map

1490 N Lafayette St #302bDenver, CO 80218(303) 433-4542View Map

Tammy Hill – State Farm Insurance Agent
4650 Tower Rd Unit 101Denver, CO 80249(303) 373-9500View Map

View more Denver agents

Picking the best insurer requires more thought than just a cheap quote. These are some questions you should get answers to.

Auto insurance coverages and their meanings

Learning about specific coverages of a auto insurance policy aids in choosing appropriate coverage and the correct deductibles and limits. Auto insurance terms can be confusing and even agents have difficulty translating policy wording. Listed below are typical coverage types found on most auto insurance policies.

Medical payments coverage and PIP

Med pay and PIP coverage reimburse you for bills like X-ray expenses, nursing services, pain medications, hospital visits and EMT expenses. They are often used to cover expenses not covered by your health insurance plan or if you are not covered by health insurance. They cover not only the driver but also the vehicle occupants and also covers being hit by a car walking across the street. Personal injury protection coverage is not an option in every state but can be used in place of medical payments coverage

Comprehensive coverage

Comprehensive insurance covers damage that is not covered by collision coverage. You first have to pay a deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive can pay for claims like theft, a broken windshield and vandalism. The maximum amount you can receive from a comprehensive claim is the actual cash value, so if it’s not worth much more than your deductible consider removing comprehensive coverage.


This coverage can cover damages or injuries you inflict on a person or their property that is your fault. It consists of three limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. Your policy might show policy limits of 25/50/15 that translate to $25,000 bodily injury coverage, $50,000 for the entire accident, and a limit of $15,000 paid for damaged property. Alternatively, you may have a combined single limit or CSL which provides one coverage limit without having the split limit caps.

Liability insurance covers things such as medical services, funeral expenses, court costs, repair costs for stationary objects and emergency aid. How much coverage you buy is up to you, but it’s cheap coverage so purchase as high a limit as you can afford. Colorado requires minimum liability limits of 25/50/15 but it’s recommended drivers buy higher limits.

Collision coverage

Collision insurance pays for damage to your S40 resulting from colliding with a stationary object or other vehicle. You have to pay a deductible then the remaining damage will be paid by your insurance company.

Collision coverage protects against things like damaging your car on a curb, crashing into a ditch, rolling your car and backing into a parked car. Collision is rather expensive coverage, so analyze the benefit of dropping coverage from older vehicles. Another option is to increase the deductible on your S40 in order to get cheaper collision rates.

Uninsured/Underinsured Motorist coverage

Your UM/UIM coverage provides protection when the “other guys” do not carry enough liability coverage. Covered claims include medical payments for you and your occupants and also any damage incurred to your Volvo S40.

Since a lot of drivers only carry the minimum required liability limits (Colorado limits are 25/50/15), their limits can quickly be used up. For this reason, having high UM/UIM coverages is important protection for you and your family. Usually your uninsured/underinsured motorist coverages are set the same as your liability limits.