Want to know an easy way to compare low-cost auto insurance rates in Miami, FL? Miami buyers have options when searching for the best price on Volvo XC90 insurance. You can either waste hours contacting agents getting price quotes or leverage the internet to compare rates. There are more efficient ways to shop for auto insurance so we’re going to tell you the quickest way to quote coverages on a Volvo and get the cheapest rates from both online companies and Miami agents.
Buying affordable insurance in Miami is really not that difficult. If you’re already insured, you will definitely be able to buy cheaper insurance using the ideas you’re about to read. Smart buyers just need to understand the most effective way to buy insurance from many companies at once.
Many insurance companies such as Progressive, Allstate and GEICO allow consumers to get price estimates from their websites. Getting quotes for Volvo XC90 insurance in Miami is fairly straightforward as you simply type in the coverage amounts you desire into a form. Upon sending the form, their quoting system automatically retrieves your credit score and driving record and generates a price.
Being able to quote online for Volvo XC90 insurance in Miami makes comparing rates easy, and it’s very important to compare as many rates as possible in order to get affordable rates.
In order to compare rates using this form now, visit the companies below or click here to submit a quote request to multiple companies at once. If you have coverage now, it’s recommended you copy coverages and limits as close as possible to your current policy. This helps ensure you are getting an apples-to-apples comparison for exact coverage.
The companies in the list below are our best choices to provide comparison quotes in Miami, FL. To locate cheap car insurance in Miami, we recommend you visit two to three different companies to get the most competitive price.
Car insurance is not optional but you don’t have to overpay
Despite the fact that car insurance is not cheap in Miami, insurance is required for several reasons.
- The majority of states have mandatory insurance requirements which means it is punishable by state law to not carry a specific level of liability insurance in order to license the vehicle. In Florida these limits are 10/20/10 which means you must have $10,000 of bodily injury coverage per person, $20,000 of bodily injury coverage per accident, and $10,000 of property damage coverage.
- If you have a lien on your Volvo, it’s most likely the lender will have a requirement that you have physical damage coverage to ensure they get paid if you total the vehicle. If you let the policy lapse, the lender may insure your Volvo at a significantly higher premium and require you to reimburse them for the much more expensive policy.
- Insurance protects not only your Volvo but also your financial assets. Insurance will pay for medical bills for not only you but also any passengers injured in an accident. Liability coverage also pays for attorney fees and expenses if you cause an accident and are sued. If your car is damaged in a storm or accident, comprehensive and collision coverage will pay to restore your vehicle to like-new condition.
The benefits of carrying adequate insurance are definitely more than the cost, particularly if you ever have a claim. In a recent study of 1,000 drivers, the average customer overpays as much as $825 a year so it’s very important to do a rate comparison every year to save money.
Coverage statistics and figures
The coverage information shown below showcases estimates of insurance policy prices for Volvo XC90 models. Having knowledge of how insurance rates are formulated can help guide drivers when making smart choices when purchasing an auto insurance policy.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| XC90 3.2 2WD | $204 | $370 | $430 | $26 | $128 | $1,158 | $97 |
| XC90 3.2 R-Design 2WD | $204 | $370 | $430 | $26 | $128 | $1,158 | $97 |
| XC90 3.2 AWD | $228 | $426 | $430 | $26 | $128 | $1,238 | $103 |
| XC90 V8 AWD | $228 | $426 | $430 | $26 | $128 | $1,238 | $103 |
| Get Your Own Custom Quote Go | |||||||
Premium data assumes married male driver age 40, no speeding tickets, no at-fault accidents, $1000 deductibles, and Florida minimum liability limits. Discounts applied include safe-driver, claim-free, multi-vehicle, multi-policy, and homeowner. Estimates do not factor in vehicle location which can affect coverage prices significantly.
How high should deductibles be?
A question often asked by Miami drivers is how high should the deductibles for physical damage be. The comparisons below summarize the rate fluctuation when you buy lower versus higher deductibles. The first table uses a $250 physical damage deductible and the second data table uses a $1,000 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| XC90 3.2 2WD | $364 | $640 | $418 | $24 | $124 | $1,595 | $133 |
| XC90 3.2 R-Design 2WD | $364 | $640 | $418 | $24 | $124 | $1,595 | $133 |
| XC90 3.2 AWD | $406 | $736 | $418 | $24 | $124 | $1,733 | $144 |
| XC90 V8 AWD | $406 | $736 | $418 | $24 | $124 | $1,733 | $144 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| XC90 3.2 2WD | $224 | $402 | $418 | $24 | $124 | $1,192 | $99 |
| XC90 3.2 R-Design 2WD | $224 | $402 | $418 | $24 | $124 | $1,192 | $99 |
| XC90 3.2 AWD | $250 | $464 | $418 | $24 | $124 | $1,280 | $107 |
| XC90 V8 AWD | $250 | $464 | $418 | $24 | $124 | $1,280 | $107 |
| Get Your Own Custom Quote Go | |||||||
Data based on married male driver age 30, no speeding tickets, no at-fault accidents, and Florida minimum liability limits. Discounts applied include homeowner, multi-policy, safe-driver, claim-free, and multi-vehicle. Rate quotes do not factor in specific location which can raise or lower prices greatly.
We can derive from the above data that using a $250 deductible costs about $36 more each month or $432 every year across all Volvo XC90 models than requesting the higher $1,000 deductible. Because you would pay $750 more to settle a claim with a $1,000 deductible as compared to a $250 deductible, if you have at least 21 months between claim filings, you would probably come out ahead if you opt for a higher deductible.
The illustration below demonstrates how choosing different deductibles and can affect Volvo XC90 insurance prices for each different age category. The information is based on a married female driver, full physical damage coverage, and no discounts are taken into consideration.
Comparison of full coverage and liability-only policies
The example below shows the comparison of Volvo XC90 yearly insurance costs when comparing full coverage to state minimum liability only. Data assumes no claims or violations, $1,000 deductibles, drivers are not married, and no discounts are applied to the premium.
Should you buy full coverage or liability only?
There is no exact formula to exclude full coverage, but there is a general guideline you can use. If the annual cost of comprehensive and collision coverage is 10% or more of the vehicle’s replacement cost less your deductible, then you might consider buying liability only.
For example, let’s pretend your Volvo XC90 claim settlement value is $6,000 and you have $1,000 full coverage deductibles. If your vehicle is severely damaged, the most your company will settle for is $5,000 after paying the physical damage deductible. If you are paying more than $500 annually for physical damage coverage, then it might be time to buy liability only.
There are some cases where buying only liability insurance is not advised. If you haven’t paid off your loan, you must maintain physical damage coverage in order to keep the loan. Also, if you don’t have enough money to buy a different vehicle if your current one is in an accident, you should not consider dropping full coverage.
Save money with these discounts
Auto insurance is expensive, but there’s a good chance there are discounts that can help lower your rates. Certain credits will be shown when you complete an application, but some may not be applied and must be asked about prior to getting the savings.
- Distant Student Discount – Youth drivers who live away from home at college and don’t have a car can receive lower rates.
- Discounts for Seat Belt Usage – Drivers who require all occupants to buckle their seat belts could cut 10% or more on the premium charged for medical payments and/or PIP.
- Driver Training Discounts – Completing a defensive driver course could cut 5% off your bill and easily recoup the cost of the course.
- Accident Forgiveness – This one is not really a discount per se, but some companies like GEICO, Progressive, and Allstate permit an accident before they charge you more for coverage so long as you haven’t had any claims before the accident.
- Air Bags and Passive Restraints – Vehicles with factory air bags can get savings of up to 25% or more.
- Professional Organizations – Being in a civic or occupational organization in Miami could qualify you for a break when shopping for auto insurance.
- Cautious Drivers – Drivers without accidents can get discounts for up to 45% lower rates as compared to drivers with claims.
- Renewal Discounts – Some auto insurance companies give discounts for buying a new policy prior to your current XC90 insurance policy expiring. You could save around 10% when you buy Miami auto insurance online.
- Miami Homeowners Discount – Owning a home in Miami can earn you a little savings because of the fact that having a home requires a higher level of personal finance.
One thing to note about discounts is that most of the big mark downs will not be given to the entire policy premium. A few only apply to individual premiums such as collision or personal injury protection. Just because it seems like adding up those discounts means a free policy, it doesn’t quite work that way.
The information below compares Volvo XC90 car insurance rates with and without discounts. The rates are based on a female driver, no claims, a clean driving record, Florida state minimum liability limits, full physical damage coverage, and $500 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with marriage, safe-driver, multi-policy, multi-car, claim-free, and homeowner discounts applied.
The best auto insurance companies and some of their more popular discounts are shown below.
- GEICO offers discounts for driver training, five-year accident-free, daytime running lights, anti-theft, good student, and federal employee.
- SAFECO offers premium reductions for teen safety rewards, anti-lock brakes, safe driver, bundle discounts, and homeowner.
- State Farm may include discounts for accident-free, good student, student away at school, Drive Safe & Save, driver’s education, and passive restraint.
- MetLife policyholders can earn discounts including defensive driver, multi-policy, claim-free, accident-free, good student, good driver
- 21st Century discounts include anti-lock brakes, homeowners, defensive driver, 55 and older, automatic seat belts, and air bags.
- Progressive may offer discounts for multi-vehicle, good student, homeowner, online quote discount, and multi-policy.
If you are trying to find cheaper Miami auto insurance quotes, ask all companies you are considering which discounts you may be entitled to. Some discounts listed above might not be offered in Miami. If you would like to choose from a list of companies that offer many of these discounts in Miami, click this link.
Local neighborhood insurance agents
Many drivers just prefer to go talk to an agent. Insurance agents are very good at helping people manage risk and help in the event of a claim. One of the best bonuses of comparing rates online is that drivers can save money and get cheap rate quotes and still have an agent to talk to.
Upon completion of this form (opens in new window), the quote information is transmitted to participating agents in Miami that provide free Miami auto insurance quotes for your business. It simplifies rate comparisons since you won’t have to leave your computer due to the fact that quote results will go to you. If you need to compare prices from one company in particular, you can always find their quoting web page to submit a rate quote request.
Picking the best company requires more thought than just a cheap quote. Here are some questions to ask:
- Will you get a loaner vehicle if you car is being repaired?
- Are they properly licensed to sell insurance in Florida?
- Can you get a list of referrals?
- Can they help ensure a fair claim settlement?
- What is the financial rating for the quoted company?
- Where are claims handled?
- Do they offer accident forgiveness?
- When do they do a full risk review?
Listed below are agents in Miami who can help you get price quotes for Volvo XC90 insurance in Miami.
- Tropical Insurance
8700 W Flagler St # 230 – Miami, FL 33174 – (305) 221-2400 – View Map - Allstate Insurance: Pamela Brumer
141 Alton Rd – Miami Beach, FL 33139 – (305) 531-1223 – View Map - Estrella Insurance #110
1201 SW 8th St – Miami, FL 33135 – (305) 859-8558 – View Map - Univista Insurance
5811 W Flagler St – Miami, FL 33144 – (305) 267-7138 – View Map
Affordable coverage is out there
Insureds leave their current company for many reasons like delays in paying claims, being labeled a high risk driver, not issuing a premium refund and unfair underwriting practices. It doesn’t matter what your reason, switching auto insurance companies is easier than you think.
We just covered a lot of information how to find lower-cost Volvo XC90 insurance in Miami. The most important thing to understand is the more rate quotes you have, the better likelihood of getting inexpensive Miami auto insurance quotes. You may even be surprised to find that the lowest car insurance rates are with some of the lesser-known companies.
When trying to cut insurance costs, you should never sacrifice coverage to reduce premiums. In many cases, someone dropped full coverage to discover at claim time that saving that couple of dollars actually costed them tens of thousands. The proper strategy is to get the best coverage possible for the lowest price but still have enough coverage for asset protection.
Steps to saving on Volvo XC90 insurance in Miami
The best way to find cheaper quotes for car insurance rates is to make a habit of comparing prices annually from providers who sell auto insurance in Miami. Drivers can shop around by completing these steps.
Step 1: Try to comprehend policy coverages and the modifications you can make to drop your rates. Many rating criteria that are responsible for high rates like speeding tickets, careless driving and a bad credit rating can be rectified by paying attention to minor details.
Step 2: Compare prices from direct, independent, and exclusive agents. Direct companies and exclusive agencies can only provide price estimates from one company like GEICO and Allstate, while independent agencies can quote rates for a wide range of insurance providers.
Step 3: Compare the quotes to your current policy premium to see if switching to a new carrier will save money. If you can save money and buy the policy, make sure the effective date of the new policy is the same as the expiration date of the old one.
The key aspect of shopping around is to make sure you enter identical coverages on every quote request and and to look at as many different companies as possible. Doing this enables the most accurate price comparison and a thorough price selection.
For more information, feel free to browse these articles:
- Understanding Limits and Deductibles (Allstate)
- Who Has Affordable Car Insurance for Police Officers in Miami? (FAQ)
- How Much are Auto Insurance Quotes with Multiple Speeding Tickets in Miami? (FAQ)
- Who Has Affordable Car Insurance for Drivers with a DUI in Miami? (FAQ)
- How Much are Miami Car Insurance Rates for a Toyota RAV4? (FAQ)
- What Auto Insurance is Cheapest for 16 Year Olds in Miami? (FAQ)
- Who Has Cheap Auto Insurance Rates for Drivers Over Age 60 in Miami? (FAQ)
- What Does No-Fault Insurance Cover? (Allstate)
- Teen Driving Statistics (GEICO)
- Teen Driver Statistics (Insurance Information Institute)
- Auto Insurance for Teen Drivers (Insurance Information Institute)