It's an obvious conclusion that insurance companies don't want you to compare rates. Consumers who get comparison quotes once a year will presumably switch to a new company because there is a good chance of finding good coverage at a lower price. Surprisingly, a recent survey revealed that consumers who compared rates regularly saved $865 annually compared to those who didn't regularly shop around.
If finding the best rates on Volvo XC90 insurance in Fort Worth is your intention, then having some insight into how to quote and compare cheaper coverage can save time, money, and frustration.
The best way to find low-cost prices for car insurance rates is to do a yearly price comparison from insurers that insure vehicles in Fort Worth. You can compare rates by following these guidelines.
First, get a basic knowledge of car insurance and the factors you can control to prevent expensive coverage. Many factors that increase rates like speeding tickets, careless driving and a bad credit rating can be eliminated by making minor changes in your lifestyle.
Second, compare prices from direct carriers, independent agents, and exclusive agents. Exclusive and direct companies can only give rate quotes from one company like GEICO and State Farm, while independent agents can provide rate quotes for many different companies.
Third, compare the new rates to the premium of your current policy and see if you can save money. If you find better rates, ensure coverage does not lapse between policies.
One tip to remember is that you use the same coverage limits and deductibles on every quote and and to get prices from as many auto insurance providers as possible. This provides an apples-to-apples comparison and plenty of rates choose from.
If you currently have a car insurance policy, you will most likely be able to save money using these methods. Getting quotes for cheaper insurance coverage in Fort Worth is not as hard as you may think. Nevertheless, Texas vehicle owners need to have an understanding of the way insurance companies market insurance on the web because rates fluctuate considerably.
Keep in mind that comparing more prices helps increase your odds of locating more affordable insurance.
The following companies are ready to provide price comparisons in Texas. If more than one company is shown, we suggest you compare several of them in order to find the lowest rates.
Lower rate quotes with these seven discounts
Some providers don't necessarily list all available discounts in a way that's easy to find, so the following is a list of some of the best known as well as some of the hidden credits available to you.
- Senior Citizens - If you qualify as a senior citizen, you may be able to get better car insurance rates.
- Seat Belts Save - Forcing all vehicle occupants to fasten their seat belts could save 15% off PIP or medical payments premium.
- Save with More Vehicles Insured - Drivers who insure several vehicles with one company could earn a price break for each car.
- Include Life Insurance and Save - Not every insurance company offers life insurance, but if they do you may earn a lower car insurance rate if you buy auto and life insurance together.
- No Charge for an Accident - This isn't a discount exactly, but a few companies such as Allstate, State Farm and GEICO will let one accident slide before hitting you with a surcharge so long as you haven't had any claims prior to the accident.
- Payment Discounts - By making one initial payment instead of making monthly payments you can avoid the installment charge.
- Early Signing - A few companies allow discounts for buying a policy before your current expiration date. You could save around 10% when you buy Fort Worth auto insurance online.
One last thing about discounts, most discount credits are not given to your bottom line cost. A few only apply to individual premiums such as physical damage coverage or medical payments. Despite the appearance that it's possible to get free car insurance, companies don't profit that way.
The illustration below shows the comparison of Volvo XC90 auto insurance rates with and without discounts applied to the rates. Data assumes a male driver, no violations or claims, Texas state minimum liability limits, comp and collision included, and $100 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-car, homeowner, marriage, claim-free, safe-driver, and multi-policy discounts applied.
For a list of car insurance companies with significant discounts in Fort Worth, click here.
Volvo XC90 insurance analysis
The coverage table displayed next outlines different insurance rates for Volvo XC90 models. Knowing how auto insurance premiums are figured can help you make decisions on the best policy to buy.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|XC90 3.2 2WD||$332||$584||$382||$22||$114||$1,434||$120|
|XC90 3.2 R-Design 2WD||$332||$584||$382||$22||$114||$1,434||$120|
|XC90 3.2 AWD||$370||$672||$382||$22||$114||$1,560||$130|
|XC90 V8 AWD||$370||$672||$382||$22||$114||$1,560||$130|
|Get Your Own Custom Quote Go|
Prices based on married male driver age 30, no speeding tickets, no at-fault accidents, $250 deductibles, and Texas minimum liability limits. Discounts applied include multi-policy, claim-free, safe-driver, homeowner, and multi-vehicle. Rate information does not factor in specific zip code location which can lower or raise premium rates significantly.
The chart below demonstrates how choosing different deductibles and can impact Volvo XC90 insurance rates for each different age group. Data assumes a single female driver, full physical damage coverage, and no discounts are taken into consideration.
Auto insurance prices based on gender
The diagram below shows the difference between Volvo XC90 auto insurance costs for male and female drivers. The premiums are based on a clean driving record, no claims, comp and collision included, $250 deductibles, drivers are single, and no discounts are applied.
Volvo XC90 full coverage rates compared to liability only
The illustration below shows the comparison of Volvo XC90 auto insurance costs with full physical damage coverage compared to only buying liability only. The data is based on no driving violations, no at-fault accidents, $1,000 deductibles, single marital status, and no other discounts are factored in.
When to drop comprehensive and collision coverage
There is no clear-cut formula to drop physical damage coverage, but there is a general guideline you can use. If the annual cost of having full coverage is more than 10% of the settlement you would receive from your company, then it might be time to consider dropping full coverage.
For example, let's say your Volvo XC90 replacement cost is $4,000 and you have $1,000 deductibles. If your vehicle is totaled, you would only receive $3,000 after the policy deductible has been paid. If you are paying in excess of $300 a year for your policy with full coverage, then you may want to consider only buying liability coverage.
There are some scenarios where only buying liability is not in your best interest. If you still have a lienholder on your title, you must maintain physical damage coverage as part of the loan conditions. Also, if your emergency fund is not enough to purchase a different vehicle in the event your current vehicle is totaled, you should keep full coverage in place.
When to talk to an insurance agent
A small number of people would prefer to buy from a local agent and doing so can bring peace of mind An additional benefit of comparing insurance prices online is you may find cheap insurance quotes but still work with a licensed agent.
To find an agent, once you fill out this simple form, your insurance data is immediately sent to participating agents in Fort Worth who want to provide quotes for your business. It makes it easy because there is no need to do any legwork because prices are sent to you instantly. You'll get the best rates AND an agent nearby. If you need to compare rates for a specific company, you would need to go to their quote page and fill out the quote form the provide.
Choosing the best provider requires you to look at more than just a cheap price quote. You should also get answers to these questions.
- Do they carry Errors and Omissions coverage?
- Do they review policy coverages at every renewal?
- Does the agency have a positive business rating?
- How many companies do they write for?
- Do the coverages you're quoting properly cover your vehicle?
- How does the company pay claims for a total loss?
- Do they have cheaper tiers of coverage?
- Will your rates increase after a single accident?
Types of car insurance agents in Fort Worth
If you want to use a reliable insurance agency, you must know there are a couple different agency structures and how they can write your policy. Insurance agencies in Fort Worth are either independent agents or exclusive agents.
Agents of this type normally can only provide a single company's rates and examples are Farmers Insurance, State Farm, Allstate, and AAA. Exclusive agents are unable to place coverage with different providers so they have no alternatives for high prices. Exclusive agents receive a lot of sales training on their company's products and that allows them to sell at a higher price point. Many people use the same agent mainly due to high brand loyalty rather than having low rates.
Shown below is a list of exclusive insurance agents in Fort Worth that can give you comparison quotes.
- State Farm: Steve Gary
4947 S Hulen St - Fort Worth, TX 76132 - (817) 737-8311 - View Map
- Bob McCright - State Farm Insurance Agent
6231 Oakmont Blvd - Fort Worth, TX 76132 - (817) 294-9858 - View Map
- Gary Gilmore - State Farm Insurance Agent
9324 Clifford St #106 - Fort Worth, TX 76108 - (817) 367-6106 - View Map
Independent Insurance Agents
Independent insurance agents are not restricted to one company so as a result can place your coverage with multiple insurance companies and potentially find a lower price. If your premiums go up, they simply move the coverage in-house which makes it simple for you.
When comparing insurance prices, you absolutely need to get several quotes from at least one independent agent in order to compare the most rates. They often place coverage with different regional companies which could offer lower prices.
Below is a short list of independent agencies in Fort Worth willing to provide comparison quotes.
- Nationwide Insurance: The Hulett Agency Inc
11751 Alta Vista Rd Ste 401 - Fort Worth, TX 76244 - (817) 533-8027 - View Map
- Northside Insurance Agency
1237 Lincoln Ave - Fort Worth, TX 76164 - (817) 626-3100 - View Map
- Hemphill Insurance Agency
3121 Hemphill St - Fort Worth, TX 76110 - (817) 923-2001 - View Map
Choosing Volvo vehicle insurance is an important decision
Even though it's not necessarily cheap to insure a Volvo in Fort Worth, insurance is required in Texas but also provides important benefits.
- The majority of states have compulsory liability insurance requirements which means state laws require specific minimum amounts of liability if you want to drive legally. In Texas these limits are 30/60/25 which means you must have $30,000 of bodily injury coverage per person, $60,000 of bodily injury coverage per accident, and $25,000 of property damage coverage.
- If you have a loan on your Volvo XC90, it's most likely the lender will require that you have insurance to guarantee their interest in the vehicle. If the policy lapses, the bank or lender will purchase a policy for your Volvo at a significantly higher premium and require you to pay much more than you were paying before.
- Auto insurance preserves both your assets and your Volvo. It also can pay for medical transport and hospital expenses for you, any passengers, and anyone injured in an accident. One of the most valuable coverages, liability insurance, also covers legal expenses if someone files suit against you as the result of an accident. If damage is caused by hail or an accident, collision and comprehensive (also known as other-than-collision) coverage will cover the damage repairs after a deductible is paid.
The benefits of having insurance greatly outweigh the cost, particularly if you ever have a claim. On average, a vehicle owner in Fort Worth overpays more than $865 each year so we recommend shopping around once a year at a minimum to make sure the price is not too high.
Educate yourself about auto insurance coverages
Having a good grasp of a auto insurance policy aids in choosing which coverages you need and the correct deductibles and limits. The terms used in a policy can be difficult to understand and nobody wants to actually read their policy.
This coverage protects you from damage or injury you incur to a person or their property that is your fault. It consists of three limits, bodily injury per person, bodily injury per accident and property damage. As an example, you may have values of 30/60/25 that translate to a $30,000 limit per person for injuries, $60,000 for the entire accident, and $25,000 of coverage for damaged property.
Liability insurance covers claims like medical expenses, pain and suffering and emergency aid. The amount of liability coverage you purchase is a personal decision, but it's cheap coverage so purchase as much as you can afford. Texas requires minimum liability limits of 30/60/25 but you should think about purchasing higher limits.
The chart below demonstrates why buying minimum limits may not provide adequate coverage.
This coverage covers damage OTHER than collision with another vehicle or object. You first must pay your deductible and then insurance will cover the rest of the damage.
Comprehensive insurance covers claims like hail damage, falling objects, a tree branch falling on your vehicle and fire damage. The maximum amount you can receive from a comprehensive claim is the cash value of the vehicle, so if your deductible is as high as the vehicle's value it's probably time to drop comprehensive insurance.
This pays for damage to your XC90 resulting from colliding with another vehicle or an object, but not an animal. You will need to pay your deductible and then insurance will cover the remainder.
Collision coverage protects against things like sustaining damage from a pot hole, crashing into a building, colliding with another moving vehicle and colliding with a tree. Collision is rather expensive coverage, so analyze the benefit of dropping coverage from lower value vehicles. Drivers also have the option to bump up the deductible on your XC90 to get cheaper collision coverage.
Uninsured/Underinsured Motorist coverage
Uninsured or Underinsured Motorist coverage provides protection when other motorists are uninsured or don't have enough coverage. This coverage pays for hospital bills for your injuries as well as damage to your Volvo XC90.
Since a lot of drivers only carry the minimum required liability limits (which is 30/60/25), it doesn't take a major accident to exceed their coverage limits. This is the reason having UM/UIM coverage is a good idea.
Medical payments coverage and PIP
Medical payments and Personal Injury Protection insurance kick in for immediate expenses for things like ambulance fees, dental work and hospital visits. They can be used in conjunction with a health insurance policy or if you do not have health coverage. Medical payments and PIP cover you and your occupants and also covers if you are hit as a while walking down the street. Personal injury protection coverage is only offered in select states but it provides additional coverages not offered by medical payments coverage
Compare. Compare. Compare.
As you prepare to switch companies, it's very important that you do not reduce coverage to reduce premium. In many cases, someone dropped uninsured motorist or liability limits only to regret that they should have had better coverage. Your focus should be to buy the best coverage you can find at an affordable rate but still have enough coverage for asset protection.
We just covered many tips how you can find lower-cost Volvo XC90 insurance in Fort Worth. The key thing to remember is the more quotes you get, the more likely it is that you will get a better rate. Consumers could even find that the lowest priced insurance comes from some of the smallest insurance companies.
Drivers switch companies for many reasons like an unsatisfactory settlement offer, not issuing a premium refund, high prices and extreme rates for teen drivers. No matter why you want to switch, finding a great new company is not as hard as you think.
To read more, take a look at the articles below:
- How to Avoid Common Accidents (State Farm)
- What Insurance is Cheapest for Drivers Over Age 70 in Fort Worth? (FAQ)
- Who Has Affordable Fort Worth Car Insurance Rates for a Toyota Corolla? (FAQ)
- Who Has Cheap Fort Worth Car Insurance for Hybrid Vehicles? (FAQ)
- Young Drivers: The High Risk Years Video (iihs.org)
- Higher speed limits cause more fatalities (Insurance Institute for Highway Safety)
- Smart Auto Insurance Tips (Insurance Information Institute)
- State Car Insurance Guides (GEICO)