Truthfully, the best way to get affordable Volvo XC60 insurance is to begin comparing prices regularly from insurance carriers that sell auto insurance in San Jose.
- Step 1: Try to learn a little about how insurance works and the measures you can control to lower rates. Many rating criteria that are responsible for high rates like careless driving and a less-than-favorable credit history can be eliminated by making minor changes to your lifestyle. Later in this article we will cover tips to get low prices and earn larger discounts.
- Step 2: Quote rates from direct carriers, independent agents, and exclusive agents. Direct and exclusive agents can only give prices from a single company like GEICO or Allstate, while independent agencies can provide rate quotes from many different companies.
- Step 3: Compare the new rate quotes to your current policy to see if switching to a new carrier will save money. If you can save money, make sure coverage is continuous and does not lapse.
The key thing to remember is that you use similar deductibles and liability limits on each quote request and to quote with as many companies as you can. Doing this guarantees the most accurate price comparison and a complete rate analysis.
Anyone knows that car insurance companies want to prevent you from shopping around. Drivers who shop around at least once a year will most likely switch car insurance companies because there are good odds of finding coverage at a more affordable price. A recent survey revealed that drivers who compared price quotes annually saved approximately $72 a month as compared to drivers who never compared prices.
If finding budget-friendly Volvo XC60 insurance is the reason for your visit, then learning a little about how to choose a company and compare insurance coverage can help make the process easier and more efficient.
Quoting and comparing the best policy in San Jose is easy to do. If you have a current insurance policy or just want to save money, use these money-saving tips to get lower rates without having to cut coverage. Shoppers just have to know the proper methods to compare rates online.
The most recommended method to compare insurance rates in your area is to know most of the larger companies will pay a fee to give you rate quotes. To start a quote, the only thing you need to do is provide the companies a bit of rating information including coverage limits, which vehicles you own, what you do for a living, and how old drivers are. That rating information is then sent to multiple top-rated companies and they return rate quotes instantly.
To start a quote now, click here and find out if lower rates are available in San Jose.
The companies in the list below offer price comparisons in California. If more than one company is shown, we recommend you compare several of them to find the cheapest auto insurance rates.
San Jose auto insurance discounts
Car insurance can cost a lot, but you might already qualify for some discounts to help offset the cost. Certain discounts will be triggered automatically at the time of purchase, but once in a while a discount must be specifically requested prior to getting the savings.
- Seat Belts Save – Using a seat belt and requiring all passengers to wear their seat belts may be able to save a few bucks on medical payment and PIP coverage.
- Drive Less and Save – Low mileage vehicles may allow you to get cheaper rates.
- ABS Brakes – Anti-lock brake equipped vehicles prevent accidents and the ABS can save up to 10%.
- No Charge for an Accident – This one is not really a discount per se, but companies like State Farm and GEICO will let one accident slide before your rates go up so long as you are claim-free prior to being involved in the accident.
- No Claims – Drivers who don’t have accidents get the best auto insurance rates in comparison to bad drivers.
- Sign Online – A few larger online companies will give you a small discount for signing up on the internet.
- Safety Course Discount – Taking time to complete a defensive driving course can save you 5% or more if your company offers it.
- Theft Prevention Discount – Cars that have factory anti-theft systems are stolen less frequently and will qualify for a discount on a San Jose car insurance quote.
- Passive Restraints and Air Bags – Vehicles equipped with air bags and/or automatic seat belt systems can get savings as much as 30%.
- Homeowners Savings – Simply owning a home can help you save on auto insurance since owning and maintaining a home means you have a higher level of financial diligence.
Discounts save money, but please remember that some credits don’t apply to the entire policy premium. A few only apply to the cost of specific coverages such as physical damage coverage or medical payments. Even though it appears you would end up receiving a 100% discount, company stockholders wouldn’t be very happy.
The diagram below shows the comparison of Volvo XC60 annual premium costs with and without discounts applied to the policy rates. The premium estimates are based on a male driver, no tickets, no at-fault accidents, California 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, homeowner, multi-policy, safe-driver, claim-free, and multi-car discounts applied.
Large auto insurance companies and the discounts they provide are included below.
- 21st Century offers discounts for homeowners, driver training, defensive driver, 55 and older, student driver, and early bird.
- Progressive may include discounts for good student, homeowner, multi-policy, online quote discount, online signing, continuous coverage, and multi-vehicle.
- State Farm offers premium reductions for accident-free, safe vehicle, good student, Drive Safe & Save, and driver’s education.
- Nationwide has discounts for defensive driving, business or organization, multi-policy, anti-theft, good student, family plan, and easy pay.
- Esurance includes discounts for multi-policy, good student, online shopper, renters, good driver, Switch & Save, and Pac-12 alumni.
- The Hartford may offer discounts for anti-theft, good student, vehicle fuel type, bundle, defensive driver, and driver training.
If you need lower rates, check with each company or agent to apply every possible discount. Some of the discounts discussed earlier may not apply to policies in San Jose. To see a list of insurance companies who offer cheap Volvo XC60 insurance quotes in California, click here.
Insurance coverage analysis
The coverage information displayed below highlights different insurance rates for Volvo XC60 models. Learning how insurance prices are calculated can help customers make smart policy decisions.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| XC60 3.2 2WD | $214 | $386 | $354 | $20 | $106 | $1,080 | $90 |
| XC60 3.2 AWD | $242 | $386 | $354 | $20 | $106 | $1,108 | $92 |
| XC60 T6 AWD AWD | $242 | $454 | $354 | $20 | $106 | $1,176 | $98 |
| XC60 T6-R AWD AWD | $268 | $454 | $354 | $20 | $106 | $1,202 | $100 |
| Get Your Own Custom Quote Go | |||||||
Data based on married female driver age 50, no speeding tickets, no at-fault accidents, $500 deductibles, and California minimum liability limits. Discounts applied include claim-free, homeowner, multi-policy, multi-vehicle, and safe-driver. Price information does not factor in zip code location which can decrease or increase coverage prices noticeably.
Comparison of policy deductibles
One of the more difficult decisions when buying car insurance is the level to set your comp and collision deductibles. The following insurance rates lay out the premium difference between low and high physical damage coverage deductibles. The first set of rates uses a $100 physical damage deductible and the second pricing table uses a $500 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| XC60 3.2 2WD | $380 | $686 | $376 | $22 | $112 | $1,601 | $133 |
| XC60 3.2 AWD | $430 | $686 | $376 | $22 | $112 | $1,651 | $138 |
| XC60 T6 AWD AWD | $430 | $810 | $376 | $22 | $112 | $1,775 | $148 |
| XC60 T6-R AWD AWD | $478 | $810 | $376 | $22 | $112 | $1,823 | $152 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| XC60 3.2 2WD | $278 | $464 | $376 | $22 | $112 | $1,252 | $104 |
| XC60 3.2 AWD | $314 | $464 | $376 | $22 | $112 | $1,288 | $107 |
| XC60 T6 AWD AWD | $314 | $546 | $376 | $22 | $112 | $1,370 | $114 |
| XC60 T6-R AWD AWD | $348 | $546 | $376 | $22 | $112 | $1,404 | $117 |
| Get Your Own Custom Quote Go | |||||||
Cost estimates assume married male driver age 30, no speeding tickets, no at-fault accidents, and California minimum liability limits. Discounts applied include claim-free, safe-driver, multi-vehicle, homeowner, and multi-policy. Premium costs do not factor in specific zip code location which can decrease or increase premium rates greatly.
We can estimate from the data above that using a $100 deductible could cost the average driver approximately $32 more each month or $384 annually than opting for the higher $500 deductible. Since you would have to pay $400 more out-of-pocket with a $500 deductible as compared to a $100 deductible, if you tend to go at least 13 months between claim filings, you would probably save some money if you elect the higher deductible.
What if I want to buy from local San Jose auto insurance agents?
Some consumers still prefer to sit down and talk to an agent and that is not a bad decision Insurance agents can help determine the best coverages and help you file claims. A good thing about comparing insurance prices online is that drivers can save money and get the lowest rates and still have a local agent. Buying from small agencies is important especially in San Jose.
To make it easy to find an agent, after completing this quick form, the quote information is immediately sent to companies in San Jose who will give you bids for your coverage. It simplifies rate comparisons since you won’t have to find an agent on your own because quoted prices will be sent to you directly. In the event you want to compare prices from a specific auto insurance provider, feel free to search and find their rate quote page to submit a rate quote request.
If you are wanting to purchase auto insurance from a reputable agency, it can be helpful to understand the different agency structures and how they function. San Jose agents can either be independent agents or exclusive agents. Both types of agents can do a good job, but it’s important to point out why they differ since it could factor into buying decisions.
Independent Insurance Agents
Agents of this type are not employed by any specific company so they can insure your vehicles through lots of different companies and find you the best rates. To move your coverage to a new company, the agent simply finds a different carrier and you don’t have to switch agencies.
When comparing rate quotes, we recommend you check rates from several independent agencies to have the best price comparison. Most have the option of insuring with companies you’ve never heard of which can be an advantage.
The following is a list of independent insurance agents in San Jose that may be able to give you rate quotes.
- Care Insurance Agency Inc
900 N 1st St E – San Jose, CA 95112 – (408) 292-2925 – View Map - Filice Insurance Agency
738 N 1st St – San Jose, CA 95112 – (408) 350-5700 – View Map - HealthMarkets Insurance Agency
543 W Capitol Expy – San Jose, CA 95136 – (408) 441-7777 – View Map
Exclusive Agencies
Exclusive agencies can usually just insure with one company and examples are Allstate, Farmers Insurance, State Farm, and AAA. They generally cannot compare other company’s rates so they really need to provide good service. Exclusive insurance agents are usually quite knowledgeable in insurance sales which can be an advantage. Drivers often use the same exclusive agent mainly due to loyalty to the company and the convenience of having all coverages with one company.
Listed below are exclusive agencies in San Jose that are able to give comparison quotes.
- John Hong – State Farm Insurance Agent
1777 Saratoga Ave #100 – San Jose, CA 95129 – (408) 777-8700 – View Map - Beatriz Quezada – State Farm Insurance Agent
441 N 1st St – San Jose, CA 95112 – (408) 295-7000 – View Map - Dick Alesch – State Farm Insurance Agent
164 N Bascom Ave a – San Jose, CA 95128 – (408) 918-0877 – View Map
Finding a good insurance agent requires you to look at more than just a cheap quote. Get answers to these questions too.
- Will the company cover a rental car if your car is getting fixed?
- Are glass claims handled on-site or do you have to take your vehicle to a repair shop?
- How long has their agency been open in San Jose?
- What company do they have the most business with?
- Are they paid to recommend certain coverages?
- Is there a 24/7 contact number?
- Can they give you a list of client referrals?
- What kind of financial rating does the company have?
Cut Insurance Costs with These Tips
A large part of saving on car insurance is knowing the factors that help determine the price you pay for car insurance. When you understand what influences your rates, this empowers consumers to make smart changes that can help you get cheaper rates.
The itemized list below are some of the most common factors used by companies to determine your prices.
Mature drivers pay less – Drivers with little experience are known to be inattentive with other occupants in the car and because of this, their car insurance rates are much higher. If you’ve ever had to add a teen driver onto your car insurance can be quite pricey. More experienced drivers are more responsible, cause fewer claims and accidents, and get fewer tickets.
The data below assumes a single driver, full coverage with $100 deductibles, and no discounts or violations.
Drive less and pay lower prices – The higher the mileage driven each year the more you’ll pay to insure it. Most insurance companies charge rates based on how the vehicle is used. Vehicles that are left in the garage cost less to insure than those that get driven frequently. Improper usage on your XC60 may be costing you higher rates. It’s a good idea to make sure your car insurance coverage properly reflects the proper vehicle usage.
Optional features impact car insurance rates – Buying a car that has an advanced theft prevention system can earn a premium discount. Anti-theft devices such as OnStar found on GM vehicles, advanced tracking like LoJack, and vehicle immobilization systems can thwart car theft.
More traffic means higher claims – Choosing to live in less populated areas is a positive aspect when talking about car insurance. Residents of big cities tend to have congested traffic and higher rates of accident claims. Fewer drivers and short commutes means reduced accidents and lower theft and vandalism rates.
Rates can drop if you have more than one policy – Most insurance companies provide discounts to insureds that purchase more than one policy. It’s known as a multi-policy discount. The discount can be as much as ten percent or more Even if you’re getting this discount you may still want to comparison shop to guarantee you are still saving the most.
Low deductibles cost more – Physical damage deductibles are the amount of money the insured will be required to pay before a claim is paid by your company. Physical damage protection, otherwise known as comp (or other than collision) and collision, insures against damage to your car. Examples of covered claims are collision with another vehicle, collision with a deer, and damage caused by road hazards. The more expense the insured has to pay upfront, the less your car insurance will be.
Insurance loss statistics a Volvo XC60 – Car insurance companies analyze the history of losses to help determine prices. Vehicles that the data determines to have higher frequency or amount of claims will cost more for coverage.
The table below demonstrates the insurance loss data for Volvo XC60 vehicles. For each policy coverage type, the statistical loss for all vehicles, without regard to make or model, equals 100. Values below 100 suggest a better than average loss history, while values that are above 100 point to more frequent losses or an increased chance of a larger loss.
| Vehicle Make and Model | Collision | Property Damage | Comp | Personal Injury | Medical Payment | Bodily Injury |
|---|---|---|---|---|---|---|
| Volvo XC60 4dr 2WD | 79 | 74 | 70 | 60 | 53 | 55 |
| Volvo XC60 4dr 4WD | 93 | 82 | 75 | 66 | 64 | 57 |
Data Source: iihs.org (Insurance Institute for Highway Safety) for 2013-2015 Model Years
Auto insurance in California serves several purposes
Despite the high insurance cost for a Volvo XC60 in San Jose, auto insurance is required in California but also provides important benefits.
- Most states have mandatory liability insurance requirements which means state laws require specific limits of liability insurance if you drive a vehicle. In California these limits are 15/30/5 which means you must have $15,000 of bodily injury coverage per person, $30,000 of bodily injury coverage per accident, and $5,000 of property damage coverage.
- If your XC60 has a lienholder, it’s most likely the lender will make it mandatory that you have comprehensive coverage to ensure they get paid if you total the vehicle. If you default on your policy, the lender may have to buy a policy to insure your Volvo for a lot more money and force you to pay much more than you were paying before.
- Insurance safeguards not only your Volvo XC60 but also your financial assets. It will also provide coverage for all forms of medical expenses that are the result of an accident. One policy coverage, liability insurance, also covers legal expenses if someone files suit against you as the result of an accident. If you have damage to your Volvo as the result of the weather or an accident, comprehensive and/or collision insurance will pay to have it repaired.
The benefits of carrying adequate insurance more than offset the price you pay, particularly for liability claims. Today the average American driver is wasting up to $855 a year so smart consumers compare quotes at least once a year to ensure rates are competitive.
Don’t give up on cheap coverage
As you restructure your insurance plan, never skimp on coverage in order to save money. There have been many cases where someone dropped liability coverage limits and learned later that the few dollars in savings costed them thousands. The ultimate goal is to buy the best coverage you can find for the lowest cost, not the least amount of coverage.
You just learned quite a bit of information on how to save on Volvo XC60 insurance in San Jose. It’s most important to understand that the more quotes you get, the better chance you’ll have of finding inexpensive San Jose car insurance quotes. You may even discover the lowest rates come from the least-expected company.
Drivers leave their current company for any number of reasons including extreme rates for teen drivers, poor customer service, being labeled a high risk driver or policy cancellation. Regardless of your reason for switching companies, switching companies is not as difficult as it may seem.
Additional articles
- Teen Driving Statistics (GEICO)
- How Much is Auto Insurance for High School Students in San Jose? (FAQ)
- Who Has Affordable Car Insurance for Drivers with Good Credit in San Jose? (FAQ)
- Help Your Teen Be a Better Driver (State Farm)
- Auto Insurance Facts and Statistics (Insurance Information Institute)
- Reducing Your Risks in a Car Crash Video (iihs.org)
- How Can I Save Money on Auto Insurance? (Insurance Information Institute)