The most effective way to quote cheaper Volvo S60 insurance in Cincinnati is to regularly compare quotes from companies that insure vehicles in Ohio. You can shop around by completing these steps.
- First, get a basic knowledge of auto insurance and the factors you can control to keep rates low. Many rating factors that are responsible for high rates like distracted driving and an unacceptable credit rating can be controlled by making lifestyle changes or driving safer. Continue reading for additional tips to help reduce prices and get bigger discounts.
- Second, get rate quotes from exclusive agents, independent agents, and direct providers. Exclusive and direct companies can only provide price estimates from one company like GEICO or Allstate, while independent agents can quote rates from multiple companies. Start a quote
- Third, compare the quotes to your current policy premium and see if there is a cheaper rate in Cincinnati. If you find a lower rate and change companies, ensure coverage does not lapse between policies.
- Fourth, provide notification to your current company of your intention to cancel your current car insurance policy. Submit a signed application and payment to the newly selected company. Once received, place your new certificate verifying coverage in a readily accessible location in your vehicle.
One piece of advice is to use the same level of coverage on every quote and and to compare as many companies as you can. This helps ensure a level playing field and a complete rate analysis.
It’s hard to believe, but a large majority of drivers renewed their policy with the same company for four years or more, and almost half have never shopped around. With the average insurance premium being $1,340, Ohio drivers could save up to $729 a year, but they don’t believe how much they could save if they moved their coverage to a different company.
Quoting and comparing cheaper policy in Cincinnati is simple if you know the tricks. If you already have coverage or need a new policy, use these techniques to get lower rates and possibly find even better coverage. Smart buyers only have to learn the most time-saving way to compare rate quotes on the web.
The companies shown below are ready to provide free rate quotes in Cincinnati, OH. In order to find the best auto insurance in Cincinnati, it’s a good idea that you visit several of them to find the lowest auto insurance rates.
Car insurance rates and discounts
Car insurance is not cheap nor is it fun to buy but you might find some hidden discounts that many people don’t even know exist. Certain discounts will be triggered automatically when you purchase, but once in a while a discount must be specifically requested prior to receiving the credit.
- Multiple Policy Discount – When you combine your auto and home insurance with one company you could earn a discount of up to 20% off your total S60 insurance premium.
- Anti-lock Brakes – Cars that have steering control and anti-lock brakes can stop better under adverse conditions and qualify for as much as a 10% discount.
- Clubs and Organizations – Being a member of a civic or occupational organization in Cincinnati may earn a discount on your bill.
- Driver Safety – Taking part in a course teaching defensive driver skills is a good idea and can lower rates if you qualify.
- E-sign Discounts – Many insurance companies give back up to $50 for completing your application online.
- Military Rewards – Having a deployed family member could qualify you for better car insurance rates.
- Senior Citizens – Older drivers may be able to get a small decrease in premiums.
- Accident-Free Discounts – Drivers who don’t have accidents are rewarded with significantly better rates on Cincinnati auto insurance quote as opposed to insureds who have frequent claims or accidents.
- Passive Restraint Discount – Vehicles with factory air bags and/or automatic seat belt systems can qualify for discounts of up to 25% or more.
- Theft Prevention Discount – Anti-theft and alarm system equipped vehicles can help prevent theft and qualify for as much as a 10% discount.
A little disclaimer on discounts, some of the credits will not apply to the entire policy premium. The majority will only reduce the cost of specific coverages such as comprehensive or collision. So when it seems like having all the discounts means you get insurance for free, it just doesn’t work that way.
Large car insurance companies and some of their more popular discounts are outlined below.
- 21st Century may offer discounts for defensive driver, teen driver, homeowners, theft prevention, good student, student driver, and automatic seat belts.
- Progressive policyholders can earn discounts including homeowner, multi-policy, continuous coverage, multi-vehicle, good student, and online quote discount.
- State Farm offers premium reductions for defensive driving training, Steer Clear safe driver discount, multiple policy, good student, and good driver.
- Nationwide offers discounts including Farm Bureau membership, anti-theft, business or organization, accident-free, family plan, multi-policy, and easy pay.
- Esurance offers discounts for emergency road assistance, online shopper, multi-policy, multi-car, good student, Pac-12 alumni, and safety device.
- The Hartford includes discounts for good student, driver training, defensive driver, air bag, anti-theft, and vehicle fuel type.
If you are trying to find cheaper Cincinnati auto insurance quotes, ask every company the best way to save money. Some of the earlier mentioned discounts may not apply in your area. For a list of insurers with discount rates in Ohio, follow this link.
When to talk to an insurance agent
Many people still like to buy from a local agent and doing so can bring peace of mind Professional insurance agents are highly skilled in risk management and will help you if you have claims. One of the best bonuses of comparing car insurance online is you can get the best rates and also buy local. Buying from neighborhood insurance agencies is important particularly in Cincinnati.
After completing this form (opens in new window), the quote information is sent to companies in Cincinnati that give free quotes for your business. It’s much easier because you don’t need to find an agent as quotes are delivered immediately to your email address. If you wish to quote rates from a specific insurance company, just navigate to their website to submit a rate quote request.
Deciding on an insurance company requires more thought than just a cheap price quote. The following questions are important to ask.
- What will you get paid if your car is a total loss? How is that amount determined?
- Do they have cheaper tiers of coverage?
- Does the agent help file claims?
- Where would your vehicle be repaired?
- What kind of financial rating does the company have?
- What company do they have the most business with?
- Can you choose the body shop in case repairs are needed?
After talking to the agent and getting answers to your satisfaction to any questions you may have and a low price estimate, most likely you have located an insurer that meets your needs to provide car insurance coverage. Just understand that you can terminate coverage whenever you want so don’t feel you’re contractually obligated to a specific agent with no way to switch.
Three main reasons to buy auto insurance
Despite the high insurance cost for a Volvo S60 in Cincinnati, paying for auto insurance is most likely required but also gives you several important benefits.
- Almost all states have compulsory liability insurance requirements which means it is punishable by state law to not carry a minimum amount of liability insurance if you don’t want to risk a ticket. In Ohio these limits are 25/50/25 which means you must have $25,000 of bodily injury coverage per person, $50,000 of bodily injury coverage per accident, and $25,000 of property damage coverage.
- If you took out a loan on your S60, more than likely the lender will make it mandatory that you carry insurance to guarantee their interest in the vehicle. If coverage lapses or is canceled, the lender will be forced to insure your Volvo for a lot more money and require you to pay for the expensive policy.
- Insurance safeguards both your vehicle and your personal assets. It will also pay for hospital and medical expenses for you, your passengers, and anyone else injured in an accident. One of the most valuable coverages, liability insurance, will also pay attorney fees in the event you are sued. If your car is damaged in a storm or accident, collision and comprehensive coverages will pay to repair the damage minus the deductible amount.
The benefits of buying auto insurance definitely exceed the price paid, particularly if you ever have a claim. As of last year, the average driver in Ohio is overpaying more than $855 a year so compare quotes from several companies at every renewal to ensure rates are inline.
Detailed coverages of your auto insurance policy
Understanding the coverages of a auto insurance policy can be of help when determining the right coverages and proper limits and deductibles. The coverage terms in a policy can be ambiguous and even agents have difficulty translating policy wording.
Coverage for medical expenses
Medical payments and Personal Injury Protection insurance reimburse you for short-term medical expenses like EMT expenses, pain medications, chiropractic care and ambulance fees. They are used to fill the gap from your health insurance policy or if there is no health insurance coverage. Coverage applies to both the driver and occupants in addition to being hit by a car walking across the street. PIP coverage is not an option in every state and may carry a deductible
Coverage for uninsured or underinsured drivers
This protects you and your vehicle’s occupants when the “other guys” do not carry enough liability coverage. It can pay for medical payments for you and your occupants as well as damage to your Volvo S60.
Since many Ohio drivers have only the minimum liability required by law (which is 25/50/25), their liability coverage can quickly be exhausted. For this reason, having high UM/UIM coverages is a good idea. Most of the time the UM/UIM limits do not exceed the liability coverage limits.
Coverage for collisions
This coverage pays to fix your vehicle from damage 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 such as damaging your car on a curb, crashing into a building, hitting a parking meter, colliding with a tree and crashing into a ditch. Paying for collision coverage can be pricey, so you might think about dropping it from lower value vehicles. Drivers also have the option to choose a higher deductible on your S60 to get cheaper collision coverage.
Comprehensive auto insurance
This pays for damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible and the remainder of the damage will be paid by comprehensive coverage.
Comprehensive insurance covers claims such as hail damage, vandalism, rock chips in glass, damage from a tornado or hurricane and theft. The most your auto insurance company will pay 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 coverage protects you from damage that occurs to a person or their property. Liability coverage has three limits: per person bodily injury, per accident bodily injury, and a property damage limit. You commonly see policy limits of 25/50/25 which means $25,000 in coverage for each person’s injuries, a limit of $50,000 in injury protection per accident, and property damage coverage for $25,000. Alternatively, you may have one limit called combined single limit (CSL) that pays claims from the same limit and claims can be made without the split limit restrictions.
Liability coverage pays for claims such as structural damage, pain and suffering, loss of income and funeral expenses. How much coverage you buy is up to you, but it’s cheap coverage so purchase as much as you can afford. Ohio state law requires minimum liability limits of 25/50/25 but drivers should carry higher limits.
The illustration below shows why buying the state minimum limits may not provide you with enough coverage.
The best insurance company isn’t always the cheapest
Insureds change insurance companies for a number of reasons such as lack of trust in their agent, an unsatisfactory settlement offer, questionable increases in premium and poor customer service. Regardless of your reason, choosing a new company is easier than you think.
We’ve covered a lot of tips how to shop for Volvo S60 insurance online. The key thing to remember is the more companies you get prices for, the better your comparison will be. Drivers may even discover the lowest priced car insurance comes from a small mutual company.
Cheap Volvo S60 insurance in Cincinnati can be sourced on the web as well as from insurance agents, so you should be comparing quotes from both to have the best chance of lowering rates. There are still a few companies who do not provide price quotes online and usually these smaller providers only sell coverage through independent agents.
For more information, feel free to visit the following helpful articles:
- Side airbags reduce rollover fatalities (Insurance Institute for Highway Safety)
- What Insurance is Cheapest for Teenagers in Cincinnati? (FAQ)
- Who Has Affordable Auto Insurance for a Nissan Sentra in Cincinnati? (FAQ)
- What Auto Insurance is Cheapest for Felons in Cincinnati? (FAQ)
- How Much are Cincinnati Car Insurance Quotes for a Toyota RAV4? (FAQ)
- Who Has Cheap Cincinnati Auto Insurance for Teenage Males? (FAQ)
- What is Covered by an Auto Insurance Policy? (Insurance Information Institute)
- No-Fault Auto Insurance Statistics (Insurance Information Institute)
- Auto Insurance Learning Center (State Farm)