Are you looking for the cheapest auto insurance rates in Denver, CO? Denver buyers have many options when searching for the best price on Volvo XC70 insurance. They can either waste time struggling with agents to get rate comparisons or utilize the internet to compare rates.
There is a right way and a wrong way to find auto insurance online so we’re going to tell you the best way to quote coverages on a Volvo and obtain the best price possible.
If you are insured now or are just looking to switch companies, you will benefit by learning to cut your premiums while maintaining coverages. We hope to let you in on how insurance works and some money-saving tips. Comparison shoppers just need to know the most efficient way to compare insurance rates over the internet.
Getting a cheaper price on Volvo XC70 insurance is pretty simple and can save money. Just take time to compare rate quotes to find out which insurance company has affordable Denver auto insurance quotes.
The companies shown below have been selected to offer comparison quotes in Denver, CO. If multiple providers are shown, it’s highly recommended you get rate quotes from several of them to find the cheapest car insurance rates.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| XC70 3.2 AWD Station Wagon | $422 | $792 | $536 | $32 | $160 | $1,942 | $162 |
| XC70 T6 AWD 4-Dr | $238 | $490 | $448 | $26 | $134 | $1,336 | $111 |
| Get Your Own Custom Quote Go | |||||||
Cost estimates assume single female driver age 50, no speeding tickets, no at-fault accidents, $500 deductibles, and Colorado minimum liability limits. Discounts applied include multi-policy, claim-free, safe-driver, multi-vehicle, and homeowner. Information does not factor in garaging location in Denver which can affect insurance rates greatly.
Volvo XC70 insurance rates by age and gender
The example below shows the comparison of Volvo XC70 insurance prices for male and female drivers. The price estimates are based on no tickets, no at-fault accidents, comp and collision included, $250 deductibles, single marital status, and no other discounts are factored in.
Best reasons to buy auto insurance in Colorado
Even though it’s not necessarily cheap to insure a Volvo in Denver, paying for auto insurance is most likely required but also gives you several important benefits.
- Just about all states have minimum liability requirements which means you are required to carry a specific level of liability insurance coverage in order to drive the car. In Colorado these limits are 25/50/15 which means you must have $25,000 of bodily injury coverage per person, $50,000 of bodily injury coverage per accident, and $15,000 of property damage coverage.
- If you took out a loan on your Volvo, almost all lenders will require that you buy insurance to ensure they get paid if you total the vehicle. If coverage lapses or is canceled, the bank may buy a policy for your Volvo at a significantly higher premium and force you to reimburse them for the expensive policy.
- Insurance safeguards both your vehicle and your assets. Insurance will also pay for medical expenses incurred in an accident. One of the most valuable coverages, liability insurance, also pays for attorney fees and expenses in the event you are sued. If your car is damaged in a storm or accident, your policy will pay to have it repaired.
The benefits of buying auto insurance definitely exceed the cost, particularly when you have a large claim. The average driver in Colorado is overpaying over $865 each year so shop around at every renewal to help ensure money is not being wasted.
Save a ton on Volvo XC70 insurance in Denver with these six discounts
The cost of insuring your cars can be expensive, but you may be missing some discounts that may help make it more affordable. A few discounts will automatically apply when you purchase, but some may not be applied and must be manually applied before you get the savings. If you do not double check each discount you qualify for, you could be paying more than you need to.
- Bundled Policy Discount – When you combine your homeowners and auto insurance with one company you could get a discount of up to 20% and get you inexpensive Volvo XC70 insurance in Denver.
- Seat Belts Save – Forcing all vehicle occupants to wear their seat belts could save 15% off the medical payments premium.
- College Student Discount – Older children who are enrolled in higher education away from home and do not have access to a covered vehicle may be insured at a cheaper rate.
- Membership in Organizations – Joining qualifying employment or professional organizations could earn you a nice discount on your bill.
- Renewal Discounts – Some car insurance companies reward drivers for buying a policy before your current coverage expires. You can save around 10% with this discount.
- Service Members Pay Less – Having an actively deployed family member can result in better car insurance rates.
A little disclaimer on discounts, some credits don’t apply to the overall cost of the policy. Most only reduce the price of certain insurance coverages like physical damage coverage or medical payments. Just because you may think all those discounts means the company will pay you, you’re out of luck.
Some companies that may offer some of the above discounts possibly include:
If you are trying to find inexpensive Denver auto insurance quotes, ask every company how you can save money. A few discounts may not apply to policies in Denver. For a list of insurers with discount car insurance rates in Colorado, follow this link.
When do I need to talk to a local insurance agent?
Certain consumers would rather sit down with an agent and that can be a smart move Professional insurance agents can point out coverage gaps and help in the event of a claim. One of the benefits of comparing rate quotes online is the fact that drivers can get lower rates and still have a local agent. Buying insurance from local insurance agents is especially important in Denver.
For easy comparison, once you complete this simple form, your insurance data is immediately sent to agents in your area who will give competitive quotes for your auto insurance coverage. It simplifies rate comparisons since you won’t have to visit any agencies because prices are sent directly to your email. If you need to compare prices from a specific insurance company, you can always go to their quote page and submit a quote form there.
Two different types of car insurance agents
If you are searching for a local Denver insurance agent, there are two different types of agents and how they work. Agencies in Denver are categorized either independent agents or exclusive agents. Both sell affordable auto insurance policies, but it’s worth learning the difference in the companies they write for because it may have an impact on the selection process.
Independent Insurance Agents
Independent agencies are not limited to a single company so they have the ability to put coverage through many companies depending on which coverage is best. If they find a cheaper price, your policy is moved internally and you won’t have to switch agencies.
When searching for an agent, you should always compare prices from a couple of independent agencies to have the best price comparison. Most can insure with less well-known companies which can be an advantage.
Shown below is a small list of independent insurance agents in Denver that can give you free auto insurance quotes.
- FUSA Insurance Agency
7900 E Union Ave #200 – Denver, CO 80237 – (303) 752-5806 – View Map - L A Insurance
2684 S Broadway – Denver, CO 80210 – (303) 282-8000 – View Map - Dagley Insurance and Financial Services Inc
2055 S Federal Blvd – Denver, CO 80219 – (303) 975-1229 – View Map
Exclusive Auto Insurance Agencies
Agents in the exclusive channel write business for a single company and examples are Farmers Insurance and State Farm. They are unable to provide rate quotes from other companies so they have to upsell other benefits. Exclusive insurance agents are well schooled on their company’s products and that can be a competitive advantage. Some consumers prefer to purchase coverage from exclusives partially due to the prominence of the brand and the convenience of having a single billing for all their coverages.
Below are exclusive agencies in Denver willing to provide rate quotes.
- Farmers Insurance – Angel Le
1145 S Federal Blvd – Denver, CO 80219 – (303) 975-8911 – View Map - Todd Savage – State Farm Insurance Agent
2401 E 6th Ave – Denver, CO 80206 – (303) 722-1139 – View Map - Hank Dorner – State Farm Insurance Agent
118 W 5th Ave – Denver, CO 80204 – (303) 280-1115 – View Map
Finding the right insurance agency should depend on more than just the price. These are some valid questions you should ask.
- Is vehicle damage repaired with OEM or aftermarket parts?
- Are they able to influence company decisions when a claim is filed?
- Do the agents have professional certifications like CPCU or CIC?
- Which members of your family are coverage by the policy?
- If you have an accident, are you able to get your vehicle repaired at the shop of your choice?
Once you have received answers to your satisfaction to all your questions and cheaper XC70 insurance quotes, you’ve probably found an auto insurance agent that is professional and can insure your vehicles.
How much insurance do I need?
When it comes to choosing coverage for your vehicles, there really isn’t a perfect coverage plan. Each situation is unique so this has to be addressed.
For example, these questions could help you determine whether or not you might need an agent’s assistance.
- How high should my uninsured/underinsured coverage be in Colorado?
- Are combined or split liability limits better?
- At what point should I drop full coverage?
- Is my ex-spouse still covered by my policy?
- How can I force my company to pay a claim?
- Do I need more liability coverage?
- Am I covered if I back into my garage door?
- Do I pay less if my vehicle is kept in my garage?
- Does medical payments coverage apply to all occupants?
If it’s difficult to answer those questions but you think they might apply to your situation then you might want to talk to an insurance agent. If you want to speak to an agent in your area, take a second and complete this form or go to this page to view a list of companies. It only takes a few minutes and you can get the answers you need.
Insurance coverages explained
Learning about specific coverages of your insurance policy can be of help when determining which coverages you need and the correct deductibles and limits. The terms used in a policy can be confusing and nobody wants to actually read their policy. Shown next are the normal coverages found on the average insurance policy.
Uninsured Motorist or Underinsured Motorist insurance
Uninsured or Underinsured Motorist coverage protects you and your vehicle’s occupants when the “other guys” do not carry enough liability coverage. Covered losses include injuries to you and your family and also any damage incurred to your Volvo XC70.
Due to the fact that many Colorado drivers only carry the minimum required liability limits (25/50/15 in Colorado), their limits can quickly be used up. That’s why carrying high Uninsured/Underinsured Motorist coverage is very important. Normally your uninsured/underinsured motorist coverages do not exceed the liability coverage limits.
Liability car insurance
Liability insurance provides protection from damage or injury you incur to other’s property or people by causing an accident. It protects you against claims from other people. It does not cover your injuries or vehicle damage.
Coverage consists of three different limits, bodily injury per person, bodily injury per accident and property damage. Your policy might show liability limits of 25/50/15 which means a $25,000 limit per person for injuries, a limit of $50,000 in injury protection per accident, and a limit of $15,000 paid for damaged property. Another option is one number which is a combined single limit which combines the three limits into one amount and claims can be made without the split limit restrictions.
Liability coverage protects against claims such as medical services, structural damage and repair costs for stationary objects. How much liability coverage do you need? That is up to you, but you should buy as much as you can afford. Colorado requires minimum liability limits of 25/50/15 but you should consider buying more liability than the minimum.
Comprehensive coverage (or Other than Collision)
Comprehensive insurance pays to fix your vehicle from damage OTHER than collision with another vehicle or object. You first have to pay a deductible then your comprehensive coverage will pay.
Comprehensive coverage protects against claims such as hitting a deer, hitting a bird and vandalism. The highest amount a insurance company will pay at claim time is the cash value of the vehicle, so if your deductible is as high as the vehicle’s value consider removing comprehensive coverage.
Insurance for medical payments
Medical payments and Personal Injury Protection insurance reimburse you for expenses such as X-ray expenses, surgery, nursing services and EMT expenses. The coverages can be used to cover expenses not covered by your health insurance policy or if you lack health insurance entirely. Coverage applies to not only the driver but also the vehicle occupants as well as getting struck while a pedestrian. Personal injury protection coverage is only offered in select states and gives slightly broader coverage than med pay
Collision insurance
This coverage pays to fix your vehicle from damage resulting from colliding with an object or car. You first must pay a deductible then the remaining damage will be paid by your insurance company.
Collision can pay for things like rolling your car, hitting a mailbox, driving through your garage door, sustaining damage from a pot hole and scraping a guard rail. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from vehicles that are 8 years or older. It’s also possible to increase the deductible on your XC70 to bring the cost down.
More quotes mean more auto insurance savings
Cheaper Volvo XC70 insurance in Denver can be sourced both online in addition to local insurance agencies, and you need to price shop both to have the best rate selection. There are still a few companies who may not provide the ability to get quotes online and most of the time these regional insurance providers work with independent agents.
In this article, we presented many tips how you can shop for Volvo XC70 insurance online. The key thing to remember is the more rate comparisons you have, the better your chances of lowering your prices. Consumers could even find that the most savings is with some of the smallest insurance companies. These companies can often insure niche markets at a lower cost than the large multi-state companies such as Allstate and Progressive.
As you shop your coverage around, you should never skimp on coverage in order to save money. There have been many situations where someone dropped uninsured motorist or liability limits only to regret they didn’t purchase enough coverage. Your objective should be to purchase a proper amount of coverage for the lowest price while still protecting your assets.
To read more, link through to the resources below:
- Choosing an Insurance Company (Insurance Information Institute)
- Who Has Affordable Denver Car Insurance with Multiple Speeding Tickets? (FAQ)
- Who Has Cheap Denver Car Insurance Quotes for Used Cars? (FAQ)
- How Much are Denver Car Insurance Rates for Business Use? (FAQ)
- Who Has the Cheapest Car Insurance Rates for Immigrants in Denver? (FAQ)
- Driving in Bad Weather (Insurance Information Institute)
- Cellphones, Texting and Driving (iihs.org)
- New head restraint design cuts injuries (Insurance Institute for Highway Safety)