The best way to find better pricing on Volvo V50 insurance in Long Beach is to begin comparing prices regularly from insurance carriers in California. You can shop around by completing these steps.
- Take a little time to learn about how your policy works and the steps you can take to drop your rates. Many policy risk factors that result in higher prices such as at-fault accidents, careless driving, and an unfavorable credit rating can be rectified by making minor changes to your lifestyle. Continue reading for ideas to help prevent high rates and get additional discounts.
- Obtain price quotes from exclusive agents, independent agents, and direct providers. Direct companies and exclusive agencies can only give rate quotes from one company like GEICO and Allstate, while independent agents can provide rate quotes from multiple sources. View insurance agents
- Compare the new rates to your existing policy to see if switching to a new carrier will save money. If you find a better price and switch companies, make sure there is no lapse between the expiration of your current policy and the new one.
- Provide notification to your current agent or company of your intention to cancel your current policy. Submit payment and a completed application to your new company or agent. Once the paperwork is finalized, place the new proof of insurance paperwork along with your vehicle registration.
A valuable tip to remember is to try to use the same amount of coverage on every quote and and to get price quotes from as many car insurance companies as possible. Doing this ensures a level playing field and the best price selection.
Regrettably, nearly 70% of consumers kept buying from the same company for at least the last four years, and about 40% of consumers have never compared rates with other companies. U.S. drivers could cut their rates by up to 46.5% a year just by getting comparison quotes, but most undervalue the amount of savings they would get if they bought a different policy.
The intent of this article is to instruct you on how auto insurance companies operate and some money-saving tips. If you’re already insured, you will surely be able to get lower rates using these methods. Nevertheless, California car owners do need to know the methods companies use to set your policy premium because it varies considerably.
When comparing car insurance rates, know that more quotes increases your odds of finding better pricing. Not every company does rate quotes online, so it’s important to also get rates from those companies as well.
The car insurance companies shown below can provide comparison quotes in Long Beach, CA. If your goal is to find cheap auto insurance in CA, we recommend you visit two to three different companies to get a more complete price comparison.
Premium rates and analysis
The table displayed next highlights estimates of insurance policy prices for Volvo V50 models. Being aware of how policy rates are calculated is important to be able to make smart choices when selecting a coverage provider.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|V50 AWD T5 R-Design||$300||$712||$574||$34||$172||$1,792||$149|
|Get Your Own Custom Quote Go|
Premium data assumes single female driver age 40, no speeding tickets, no at-fault accidents, $500 deductibles, and California minimum liability limits. Discounts applied include safe-driver, homeowner, claim-free, multi-vehicle, and multi-policy. Rate quotes do not factor in specific location which can affect insurance rates greatly.
The information below highlights how deductible choice and can affect Volvo V50 insurance costs for different ages of insureds. The premiums assume a married male driver, comp and collision included, and no policy discounts are applied.
How accidents and tickets impact rates in Long Beach
The information below demonstrates how traffic citations and accident claims influence Volvo V50 yearly insurance costs for different age categories. The prices are based on a single male driver, comp and collision included, $1,000 deductibles, and no other discounts are factored in.
Full coverage rates vs. liability-only in Long Beach
The chart below shows the comparison of Volvo V50 auto insurance rates with full coverage compared to only the California minimum liability coverage. The premiums assume no claims or driving violations, $100 deductibles, drivers are single, and no policy discounts are applied.
When to stop buying comprehensive and collision coverage
There is no definitive rule to delete physical damage coverage on your policy, but there is a general guideline. If the yearly cost for physical damage coverage is more than about 10% of the replacement cost minus the deductible, then you might consider buying liability only.
For example, let’s say your Volvo V50 claim settlement value is $9,000 and you have $1,000 deductibles. If your vehicle is destroyed, the most you would receive is $8,000 after the policy deductible has been paid. If it’s costing in excess of $800 a year for your policy with full coverage, then it might be time to buy liability only.
There are some conditions where dropping physical damage coverage is not recommended. If you still owe a portion of the original loan, you have to maintain full coverage to protect the lienholder’s interest. Also, if your finances do not allow you to purchase a different vehicle if your current one is damaged, you should not drop full coverage.
Compare rates but still have a local Long Beach insurance agency
Many drivers prefer to have an agent’s advice and that can be a smart move An additional benefit of comparing rates online is that you can obtain better rates and still have an agent to talk to. And supporting local insurance agents is especially important in Long Beach.
To find an agent, once you fill out this short form, the coverage information is submitted to participating agents in Long Beach who will gladly provide quotes to get your business. There is no reason to leave your computer since price quotes are sent straight to your inbox. You can find lower rates and work with a local agent. If you want to compare prices from a specific insurance company, you just need to find their quoting web page and fill out their quote form.
The type of auto insurance agent you choose is important
When researching a good insurance agency, it can be helpful to understand the types of insurance agents and how they work. Agents are either independent agents or exclusive agents depending on their employer.
Independent Agents (or Brokers)
Agents in the independent channel do not sell for just one brand and that is an advantage because they can write policies through lots of different companies and get you the best rates possible. If you are not satisfied with one company, your agent can just switch to a different company and you don’t have to do anything. When comparing rates, we recommend you get quotes from several independent insurance agents to have the best price comparison. Many write coverage with companies that do not advertise much that may have much lower rates than larger companies.
Featured below are Long Beach independent agents that can possibly get you price quotes.
- Fox Benefits Insurance Agency
5175 E Pacific Coast Hwy #304 – Long Beach, CA 90804 – (562) 735-3125 – View Map
- Long Beach Insurance Services
2316 E 7th St – Long Beach, CA 90804 – (562) 439-0244 – View Map
- Global Guard Insurance
1310 Pine Ave d – Long Beach, CA 90813 – (562) 591-5181 – View Map
Exclusive Car Insurance Agents
Agents that elect to be exclusive can usually just insure with one company such as Farmers Insurance, State Farm, Allstate, and AAA. Exclusive agents cannot provide rate quotes from other companies so they have to upsell other benefits. These agents are trained well on sales techniques which helps overcome the inability to quote other rates. Consumers frequently buy insurance from these agents mainly due to loyalty to the company and the convenience of having a single billing for all their coverages.
Below are exclusive agencies in Long Beach that are able to give price quote information.
- State Farm: Steve Dwight
4625 E Anaheim St – Long Beach, CA 90804 – (562) 494-4494 – View Map
- Farmers Insurance – Susan Rios
3450 E Spring St #214 – Long Beach, CA 90806 – (562) 988-5700 – View Map
- Inna Tseikhin – State Farm Insurance Agent
3912 Atlantic Ave – Long Beach, CA 90807 – (562) 490-0779 – View Map
Finding the right insurance agency needs to be determined by more than just the bottom line cost. Below are some questions you should ask.
- Which insurance companies are they affiliated with?
- Who are their largest clients?
- How much experience to they have in personal lines coverages?
- Do you qualify for any additional discounts?
- Are they able to influence company decisions when a claim is filed?
- Do they offer accident forgiveness?
- Do they feel the quoted coverages are adequate?
If you receive reasonable responses to all your questions and an acceptable price quote, you have narrowed it down to an auto insurance agent that can be trusted to insure your vehicles.