Truthfully, the best way to find low-cost Volvo S80 insurance is to begin comparing prices regularly from different companies that insure vehicles in Bakersfield.
- Read about how insurance companies determine prices and the things you can change to prevent expensive coverage. Many things that cause high rates such as traffic citations and poor credit rating can be remedied by making minor driving habit or lifestyle changes. Read the full article for tips to help prevent costly coverage and find discounts that may have been missed.
- Get rate quotes from direct carriers, independent agents, and exclusive agents. Direct companies and exclusive agencies can provide rates from one company like GEICO or Allstate, while independent agents can provide rate quotes for many different companies.
- Compare the new rate quotes to your current policy and see if there is a cheaper rate in Bakersfield. If you find a lower rate quote and switch companies, ensure coverage does not lapse between policies.
- Provide written notification to your current company to cancel your existing policy and submit a down payment and signed policy application for the new coverage. Be sure to safely store the certificate of insurance in your vehicle.
The most important part of shopping around is to compare similar deductibles and liability limits on each quote and and to compare as many companies as feasibly possible. This helps ensure an accurate price comparison and a complete price analysis.
It’s a fact that auto insurance companies don’t want you to look for a cheaper policy. Drivers who shop for lower prices are highly likely to buy a new policy because there is a good chance of getting low-cost coverage. A study showed that people who regularly compared rates saved an average of $70 a month compared to other drivers who don’t regularly compare prices.
If finding the lowest price for Volvo S80 insurance is your intention, then having a good understanding the best ways to find and compare insurance can save time and make the process easier.
When shopping for affordable Bakersfield car insurance quotes, there are a couple of ways of comparing rates from car insurance companies in your area. The quickest method to comparison shop is simply to get online rate quotes.
Keep in mind that comparing more prices will enable you to find lower pricing. Not every company allows you to get Bakersfield S80 insurance quotes over the internet, so it’s important to also get quotes from them as well.
The companies shown below are our best choices to provide price comparisons in Bakersfield, CA. If more than one company is shown, we suggest you visit several of them in order to find the most affordable rates.
Rates and information analytics
The table shown below covers a range of insurance prices for Volvo S80 models. Learning as much as possible about how auto insurance policy rates are calculated can help customers make informed decisions when comparing rates.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| S80 3.2 | $370 | $764 | $500 | $30 | $150 | $1,814 | $151 |
| S80 T6 AWD | $370 | $764 | $500 | $30 | $150 | $1,814 | $151 |
| S80 Executive AWD | $370 | $866 | $500 | $30 | $150 | $1,916 | $160 |
| S80 V8 AWD | $406 | $866 | $500 | $30 | $150 | $1,952 | $163 |
| Get Your Own Custom Quote Go | |||||||
Cost estimates assume single female driver age 50, no speeding tickets, no at-fault accidents, $250 deductibles, and California minimum liability limits. Discounts applied include claim-free, multi-policy, multi-vehicle, homeowner, and safe-driver. Estimates do not factor in specific location which can affect premiums significantly.
Policy deductible comparison
One of the hardest decisions when shopping for car insurance is which deductible level should you buy. The following tables outline the rate difference between low and high deductibles. The first set of rates uses a $100 deductible for physical damage and the second pricing table uses a $1,000 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| S80 3.2 | $478 | $932 | $442 | $26 | $132 | $2,035 | $170 |
| S80 T6 AWD | $478 | $932 | $442 | $26 | $132 | $2,035 | $170 |
| S80 Executive AWD | $478 | $1054 | $442 | $26 | $132 | $2,157 | $180 |
| S80 V8 AWD | $528 | $1054 | $442 | $26 | $132 | $2,207 | $184 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| S80 3.2 | $266 | $490 | $442 | $26 | $132 | $1,356 | $113 |
| S80 T6 AWD | $266 | $490 | $442 | $26 | $132 | $1,356 | $113 |
| S80 Executive AWD | $266 | $556 | $442 | $26 | $132 | $1,422 | $119 |
| S80 V8 AWD | $292 | $556 | $442 | $26 | $132 | $1,448 | $121 |
| Get Your Own Custom Quote Go | |||||||
Table data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and California minimum liability limits. Discounts applied include safe-driver, multi-policy, homeowner, multi-vehicle, and claim-free. Rates do not factor in specific zip code location which can alter coverage rates substantially.
Based on the figures above, using a $100 deductible would cost the average driver about $59 more each month or $708 every year across all Volvo S80 models than buying the higher $1,000 deductible. Because you would pay $900 more to settle a claim with a $1,000 deductible as compared to a $100 deductible, if you have at least 15 months between claims, you would probably come out ahead if you opt for a higher deductible.
Calculate deductible break even point
| Average monthly premium for $100 deductibles: | $176 |
| Average monthly premium for $1,000 deductibles (subtract): | – $117 |
| Monthly savings from raising deductible: | $59 |
| Difference between deductibles ($1,000 – $100): | $900 |
| Divide difference by monthly savings: | $900 / $59 |
| Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible | 15 months |
One thing to note is that raising deductibles results in having to pay to pay more out-of-pocket when you have a physical damage claim. That will require some savings in the bank in the event you have to pay the higher deductible in order to repair your vehicle.
Careless driving habits raise Bakersfield car insurance rates
The example below highlights how traffic violations and accident claims can impact Volvo S80 yearly insurance costs for different age groups. The premiums assume a single male driver, full coverage, $500 deductibles, and no discounts are taken into consideration.
How much more does full coverage cost in Bakersfield?
The example below illustrates the difference between Volvo S80 auto insurance rates with full coverage and liability only. The premiums assume no claims, a clean driving record, $1,000 deductibles, drivers are not married, and no additional discounts are factored in.
Are you wasting money on full coverage?
There is no definitive rule to stop paying for full coverage, but there is a broad guideline. If the annual cost of coverage is more than 10% of the settlement you would receive from your company, then it’s probably a good time to buy liability coverage only.
For example, let’s pretend your Volvo S80 claim settlement value is $7,000 and you have $1,000 policy deductibles. If your vehicle is totaled, you would only receive $6,000 after paying your policy deductible. If premiums are more than $600 annually to have full coverage, then it’s probably a good time to buy liability coverage only.
There are some circumstances where dropping physical damage coverage is not financially feasible. If you have an outstanding loan on your vehicle, you have to carry full coverage as part of the loan conditions. Also, if your finances do not allow you to purchase a different vehicle in the even your car is totaled, you should not drop full coverage.
Insurance is not optional but you don’t have to overpay
Despite the high cost, buying insurance is most likely required but also gives you several important benefits.
- Most states have mandatory liability insurance requirements which means the state requires a minimum amount of liability insurance coverage if you want to drive legally. 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 you have a lien on your Volvo S80, it’s most likely the lender will have a requirement that you carry insurance to protect their interest in the vehicle. If the policy lapses, the lender will be forced to insure your Volvo at a more expensive rate and make you pay for the expensive policy.
- Insurance safeguards not only your vehicle but also your financial assets. It will also reimburse you for all forms of medical expenses for not only you but also any passengers injured in an accident. As part of your policy, liability insurance will also pay attorney fees in the event you are sued. If you have damage to your Volvo as the result of the weather or an accident, your policy will pay to repair the damage minus the deductible amount.
The benefits of insuring your car are without a doubt worth the cost, particularly if you ever have a claim. In a recent study of 1,000 drivers, the average customer is currently overpaying as much as $865 each year so compare rates at least once a year to save money.
Learn How to Lower Your Insurance Prices
Many factors are used in the calculation when you get a price on insurance. Some factors are common sense such as your driving record, but others are not quite as obvious such as your marital status and annual miles driven.
Big city or small town – Residing in small towns and rural areas can be a good thing when shopping for auto insurance. Less people translates into fewer accidents and also fewer theft and vandalism claims. People who live in big cities regularly have more aggressive driving styles and longer commute times. More time commuting means higher likelihood of an accident.
High credit scores equal low costs – Having a bad credit score is a large factor in calculating your premium rate. So if your credit rating is not that good, you could save money insuring your Volvo S80 by improving your credit score. Drivers who have excellent credit scores tend to be less risk to insure as compared to drivers with lower credit scores.
Do you have a tough employer? – Jobs like fire fighters, business owners, and medical professionals generally have higher rates than the rest of us attributed to intense work-related stress and incredibly demanding work hours. Other jobs such as scientists, engineers and the unemployed have lower than average premiums.
Cars with good safety ratings save money – Vehicles that have high safety ratings get lower rates. The safest vehicles help reduce the chance of injuries in an accident and any reduction in injury severity translates into fewer and smaller insurance claims and more competitive rates for policyholders. If your Volvo S80 has at least four stars on Safercar.gov or an “acceptable” rating on iihs.org you may pay a lower rate.
Don’t abuse insurance claims – If you file claims often, you can expect either a policy non-renewal or much higher rates. Companies in California give the best rates to policyholders who are not frequent claim filers. Auto insurance is intended for claims that you cannot pay yourself.
Men pay more for insurance coverage – The statistics show females are less aggressive when driving. That doesn’t necessarily mean that women are better drivers. Both genders cause auto accidents at a similar rate, but the men tend to have more serious accidents. Not only are claims higher, but men get ticketed for serious violations such as driving while intoxicated (DWI) or driving recklessly. Male teenagers generally have the highest accident percentage so they pay the highest premiums.
The information below visualizes the comparison of Volvo S80 car insurance rates for male and female drivers. The rate quotes are based on no claims or violations, full coverage, $250 deductibles, single status, and no discounts are taken into consideration.
Age of drivers – Inexperience drivers tend to get distracted easily when driving so insurance rates are higher. Having to add a teen driver onto a policy can cause a big jump in price. Mature drivers have been proven to be more responsible, tend to cause fewer accidents, and usually have better credit.
The chart below is based on a single driver, full coverage with $1000 deductibles, and no discounts or violations.
Loss probability for a Volvo S80 – Insurance companies factor in historical loss data as a way to help calculate a profitable premium price. Vehicles that the data shows to have a higher amount or frequency of claims will be charged more to insure. The next table illustrates the actual insurance loss data for Volvo S80 vehicles.
For each coverage type, the loss probability for all vehicles, regardless of make or model, is considered to be 100. Numbers under 100 suggest a positive loss record, while percentage numbers above 100 show a trend for more claims or tendency to have higher losses.
| Vehicle Model | Collision | Property Damage | Comp | Personal Injury | Medical Payment | Bodily Injury |
|---|---|---|---|---|---|---|
| Volvo S80 4dr 2WD | 82 | |||||
| Volvo S80 4dr 4WD | 93 |
Empty fields indicate not enough data collected
Statistics from IIHS.org for 2013-2015 Model Years
Insurance policy discounts for Volvo S80 insurance in Bakersfield
The price of auto insurance can be rather high, but there may be some discounts that you may not know about. Certain discounts will be applied at the time of purchase, but some discounts are required to be requested specifically before they will apply.
- Discounts for Responsible Drivers – Accident-free drivers may receive a discount up to 45% than drivers with accident claims.
- Use Seat Belts – Buckling up and requiring all passengers to buckle their seat belts may be able to save a few bucks off the PIP or medical payment premium.
- Multi-policy Discount – If you have multiple policies with one company you may earn approximately 10% to 15%.
- No Charge for an Accident – Not really a discount, but certain companies will allow you to have one accident before hitting you with a surcharge with the catch being you have to be claim-free for a specific time period.
- Passive Restraints and Air Bags – Factory air bags and/or automatic seat belt systems may get savings of more than 20%.
- New Car Discount – Buying insurance coverage on a new vehicle can get you a discount because newer vehicles have to meet stringent safety requirements.
- Driving Data Discount – Insureds who allow companies to scrutinize driving manner by using a telematics device such as State Farm’s In-Drive might see lower rates if they exhibit good driving behavior.
- Club Memberships – Being in specific professional or occupational memberships or organizations may earn a discount on your policy.
A little note about advertised discounts, many deductions do not apply to your bottom line cost. The majority will only reduce specific coverage prices like comprehensive or collision. So even though they make it sound like all those discounts means the company will pay you, company stockholders wouldn’t be very happy.
The illustration below compares Volvo S80 insurance premiums with and without discounts applied to the policy premium. The costs are based on a male driver, no claims or driving citations, 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 homeowner, multi-car, safe-driver, marriage, multi-policy, and claim-free discounts applied.
Popular insurance companies and their offered discounts are detailed below.
- Progressive offers premium reductions for online signing, online quote discount, homeowner, continuous coverage, and good student.
- GEICO has savings for anti-theft, seat belt use, defensive driver, daytime running lights, multi-policy, military active duty, and driver training.
- State Farm offers discounts for Drive Safe & Save, multiple autos, anti-theft, accident-free, Steer Clear safe driver discount, and good student.
- Esurance includes discounts for homeowner, safety device, paid-in-full, good student, and defensive driver.
- The Hartford may include discounts for good student, defensive driver, air bag, driver training, anti-theft, vehicle fuel type, and bundle.
If you are trying to find inexpensive Bakersfield car insurance quotes, ask every insurance company which discounts can lower your rates. Some of the discounts discussed earlier may not be offered in Bakersfield. If you would like to see a list of providers offering insurance discounts in Bakersfield, follow this link.
Do I need an agent?
A lot of people would prefer to have an agent’s advice and that is not a bad decision A nice benefit of comparing car insurance online is you may find cheap car insurance quotes and still buy from a local agent. Putting coverage with local insurance agents is definitely important in Bakersfield.
By using this form (opens in new window), your insurance data is sent to participating agents in Bakersfield that can provide free Bakersfield car insurance quotes for your business. It makes it easy because there is no need to contact any insurance agencies since price quotes are sent immediately to your email address. You can find the lowest rates and a licensed agent to talk to. In the event you want to compare rates for a specific company, don’t hesitate to go to their quote page and submit a quote form there.
If you are wanting to purchase car insurance from a local Bakersfield insurance agent, it’s helpful to know the different agency structures and how they are slightly different. Agents in Bakersfield are either exclusive or independent.
Independent Agencies or Brokers
These agents can sell policies from many different companies so they can write business amongst many companies and possibly get better coverage at lower prices. If you are not satisfied with one company, your agent can switch companies and you won’t have to switch agencies.
If you need cheaper car insurance rates, we recommend you compare prices from several independent agencies to maximize your price options. Many write coverage with smaller regional carriers which can save you money.
Listed below are independent insurance agencies in Bakersfield that may be able to give you free car insurance quotes.
- Baldwin Georgenton Insurance
4200 Truxtun Ave # 102 – Bakersfield, CA 93309 – (661) 327-8010 – View Map - Tony Camarena Insurance Agency
324 Oak St – Bakersfield, CA 93304 – (661) 322-3500 – View Map - Fallgatter Rhodes Insurance
1701 G St – Bakersfield, CA 93301 – (661) 324-2424 – View Map
Exclusive Agents
Exclusive agencies can only provide one company’s prices and examples are Farmers Insurance, State Farm, Allstate, and AAA. Exclusive agents are unable to provide prices from multiple companies so you need to shop around if the rates are high. These agents receive extensive training on what they offer which helps them compete with independent agents. Many people buy from the same agent for years mainly due to the brand legacy rather than low price.
Below is a list of exclusive agencies in Bakersfield that can give you rate quotes.
- Adam Hopkins – State Farm Insurance Agent
5500 Ming Ave #180 – Bakersfield, CA 93309 – (661) 396-7947 – View Map - Farmers Insurance – Scott Brown
6501 Schirra Ct #100 – Bakersfield, CA 93313 – (661) 837-4100 – View Map - Keith Stonebraker – State Farm Insurance Agent
4600 Ashe Rd #308 – Bakersfield, CA 93313 – (661) 664-9663 – View Map
Finding the right auto insurance agent should depend on more than just a cheap quote. Ask your prospective agent these questions:
- How is replacement cost determined on your vehicle?
- How much experience to they have in personal lines coverages?
- What is the agency’s Better Business Bureau rating?
- Does the company use OEM repair parts?
- What are the financial ratings for the companies they represent?
If you feel you receive satisfactory answers to any questions you may have as well as a affordable price, chances are good that you have found an auto insurance agent that is professional and can insure your vehicles. Keep in mind you are able to cancel your policy whenever you choose to so don’t assume that you are permanently stuck with a policy with no way to switch.
Cheap coverage is out there
Some insurance companies may not have online price quotes and many times these smaller companies only sell through independent agencies. Affordable Volvo S80 insurance in Bakersfield can be bought both online in addition to many Bakersfield insurance agents, so you need to compare both to have the best selection.
While you’re price shopping online, make sure you don’t reduce coverage to reduce premium. There are too many instances where someone dropped comprehensive coverage or liability limits and discovered at claim time that it was a big error on their part. The aim is to get the best coverage possible for the lowest price but still have enough coverage for asset protection.
People change insurance companies for a variety of reasons including being labeled a high risk driver, denial of a claim, policy cancellation or even high prices. Whatever your reason, finding a new car insurance company is less work than it seems.
Other resources
- How to Avoid Staged Accidents (State Farm)
- How Much is Auto Insurance for Hybrid Vehicles in Bakersfield? (FAQ)
- Who Has the Cheapest Auto Insurance for a School Permit in Bakersfield? (FAQ)
- Who Has the Cheapest Car Insurance Quotes for a Ford Escape in Bakersfield? (FAQ)
- Who Has Affordable Car Insurance Rates for Veterans in Bakersfield? (FAQ)
- How Much are Car Insurance Quotes for Retired Military in Bakersfield? (FAQ)
- How Much is Car Insurance for 16 Year Olds in Bakersfield? (FAQ)
- Who Has the Cheapest Auto Insurance Quotes for a 20 Year Old Male in Bakersfield? (FAQ)
- Credit Impacts Car Insurance Rates (State Farm)
- Distracted Driving Extends Beyond Texting (State Farm)
- Understanding Rental Car Insurance (Insurance Information Institute)