Are you sick of overpaying and want low-cost Volvo C30 insurance in Chicago? Shopping for discount Chicago Volvo C30 insurance quotes online may be rather difficult for vehicle owners new to shopping for insurance over the internet. With a ridiculous number of companies in the marketplace, how can vehicle owners even start to compare every possible option in order to find the lowest price available?
Astonishng but true according to a recent study, most insurance policyholders in Illinois have been with the same company for over three years, and just under half have never even shopped around for affordable coverage. Many consumers in the U.S. could save almost $859 a year, but they won’t spend time to compare other rate quotes.
You should make it a habit to compare prices as often as possible because prices are rarely the same from one policy term to another. Just because you had the best rate on Volvo C30 insurance in Chicago on your last policy you may be paying too much now. Forget all the misinformation about insurance because you’re about to find out one of the best ways to find the best coverage while lowering your premiums.
If you are insured now, you should be able to save money using the tips covered below. Quoting and comparing the lowest cost auto insurance in Chicago is not that difficult. But Illinois car owners do need to understand how big insurance companies determine prices and use this information to your advantage.
Companies offer money-saving discounts on Volvo C30 insurance in Chicago
Insurance is not inexpensive, but you might find some hidden discounts to help offset the cost. Some discounts apply automatically at the time you complete a quote, but lesser-known reductions have to be manually applied before you get the savings.
- Bundle and Save – If you can bundle your home and auto insurance and insure them with the same company you may earn up to 20% off your total C30 insurance premium.
- Student Discount for Driver Training – Have your child enroll and complete driver’s education as it can save substantially.
- No Claims – Good drivers with no accidents are rewarded with significantly better rates on Chicago car insurance quote compared to drivers with a long claim history.
- Anti-lock Brake System – Cars and trucks with ABS braking systems or traction control can reduce accidents so companies give up to a 10% discount.
- Home Ownership Discount – Simply owning a home can save you money due to the fact that maintaining a home requires a higher level of personal finance.
Don’t be shocked that some credits don’t apply to the overall cost of the policy. The majority will only reduce individual premiums such as medical payments or collision. Just because it seems like all those discounts means the company will pay you, you won’t be that lucky.
A list of companies and their possible discounts are shown below.
- State Farm has savings for anti-theft, safe vehicle, accident-free, good student, Steer Clear safe driver discount, and good driver.
- Farmers Insurance may include discounts for bundle discounts, switch companies, electronic funds transfer, multi-car, business and professional, and distant student.
- Progressive includes discounts for multi-vehicle, online signing, homeowner, multi-policy, continuous coverage, good student, and online quote discount.
- GEICO may offer discounts for emergency military deployment, multi-vehicle, defensive driver, membership and employees, daytime running lights, and anti-theft.
- Auto-Owners Insurance has discounts for teen driver, air bags, paperless, group or association, multiple vehicles, and student away at school.
- The Hartford offers discounts including anti-theft, good student, driver training, bundle, and vehicle fuel type.
- Farm Bureau discounts include good student, 55 and retired, safe driver, multi-vehicle, driver training, multi-policy, and renewal discount.
- USAA offers discounts for military installation, loyalty savings, multi-vehicle, safe driver, annual mileage, and multi-policy.
Double check with all companies you are considering which discounts you may be entitled to. Some of the earlier mentioned discounts may not be offered everywhere. To find companies with significant discounts in Illinois, click this link.
When shopping for Volvo C30 insurance in Chicago there are multiple ways to get quotes from many available auto insurance companies in Illinois. The fastest way to compare Volvo C30 insurance prices is to use the internet to compare rates. When quoting auto insurance, remember that obtaining a wide range of quotes gives you a better chance of getting the best offered rates. Some regional insurers cannot provide Chicago C30 insurance quotes online, so it’s necessary to compare price quotes from the smaller companies as well.
The providers in the list below are our best choices to provide price comparisons in Chicago, IL. If several companies are displayed, it’s highly recommended you click on several of them in order to find the cheapest rates.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| C30 T5 | $182 | $338 | $352 | $20 | $106 | $998 | $83 |
| C30 T5 R-Design | $178 | $364 | $340 | $20 | $102 | $1,004 | $84 |
| Get Your Own Custom Quote Go | |||||||
Data rating is based on single female driver age 40, no speeding tickets, no at-fault accidents, $500 deductibles, and Illinois minimum liability limits. Discounts applied include multi-vehicle, homeowner, safe-driver, multi-policy, and claim-free. Price estimates do not factor in Chicago location which can revise rates considerably.
Difference between liability only and full coverage rates
The chart below shows the difference between Volvo C30 premium costs when comparing full coverage to state minimum liability only. The prices are based on no claims or violations, $100 deductibles, married female driver, and no discounts are applied.
When to drop comp and collision
There is no specific rule to delete physical damage coverage on your policy, but there is a general school of thought. If the annual cost of comprehensive and collision coverage is about 10% or more of the settlement you would receive from your company, then you might consider buying liability only.
For example, let’s assume your Volvo C30 claim settlement value is $3,000 and you have $1,000 physical damage deductibles. If your vehicle is damaged in an accident, the most your company would pay you is $2,000 after paying your deductible. If you are paying more than $200 a year to have full coverage, then it could be time to drop full coverage.
There are a few cases where dropping full coverage is not recommended. If you have an outstanding loan on your vehicle, you have to carry full coverage in order to keep the loan. Also, if you don’t have enough money to buy a different vehicle in case of an accident, you should not remove full coverage.
Bad driving habits will cost you more
The information below shows how violations and accidents can influence Volvo C30 insurance premiums for different age groups. The rate quotes are based on a single male driver, comprehensive and collision coverage, $100 deductibles, and no other discounts are factored in.
You are unique and your car insurance should be too
When quoting and comparing coverage, there really is no one-size-fits-all type of policy. Your financial needs are unique so your insurance needs to address that. For instance, these questions can help discover if your insurance needs would benefit from an agent’s advice.
- Am I covered if I drive in a foreign country?
- Does my policy pay for OEM or aftermarket parts?
- What are the best liability limits?
- What is medical payments coverage?
- Does my car insurance cover rental cars?
- What is an SR-22 filing?
- Does my insurance cover my expensive audio equipment?
- Why am I be forced to buy a membership to get insurance from some companies?
- Is borrowed equipment or tools covered if stolen or damaged?
If it’s difficult to answer those questions but one or more may apply to you then you might want to talk to an agent. If you want to speak to an agent in your area, take a second and complete this form or click here for a list of car insurance companies in your area.
Exclusive versus independent insurance agents
Many people would prefer to have an agent’s advice and that is a smart decision One of the great benefits of comparing rates online is you may find cheap insurance rates and still buy from a local agent.
After filling out this simple form, your coverage information is instantly submitted to local insurance agents who will give you quotes for your business. It makes it easy because there is no need to drive around due to the fact that quote results will go to the email address you provide. You can get cheaper insurance rates and a licensed agent to talk to. In the event you want to compare rates for a specific company, just jump over to their website and fill out their quote form.
Finding the right provider is decision based upon more than just a cheap price. You should also get answers to these questions.
- What companies can they write with?
- Do they have 24-hour customer assistance?
- How often do they review coverages?
- Which company do they place the most coverage with?
- Is working in the agency their full-time job?
- How would your car be valued if totalled?
- What are their preferred companies if they are an independent agency?
What types of car insurance agents are in Chicago?
If you want to use a good insurance agency, there are a couple of types of agencies and how they work. Chicago agents are either independent or exclusive depending on the company they work for.
Exclusive Insurance Agents
Exclusive agents write business for a single company like State Farm, AAA, and Liberty Mutual. These agents are not able to provide other company’s prices so they are skilled at selling on more than just price. Exclusive agents are very knowledgeable on the products they sell and that can be a competitive advantage. Consumers sometimes purchase coverage from exclusives mainly due to loyalty to the company and the convenience of having all coverages with one company.
Below is a list of exclusive agents in Chicago that can give you rate quotes.
- Mike Matkowskyj – State Farm Insurance Agent
2452 W Chicago Ave – Chicago, IL 60622 – (773) 486-4444 – View Map - Greg King – State Farm Insurance Agent
5508 S Lake Park Ave – Chicago, IL 60637 – (773) 643-6200 – View Map - Peter Grande – State Farm Insurance Agent
1535 W Division St – Chicago, IL 60642 – (773) 270-4600 – View Map
Independent Insurance Agents
Agents in the independent channel are not limited to a single company and that gives them the ability to insure through many different insurance companies and get the cheapest rates. If prices rise, they simply switch companies in-house and you can keep the same agent.
When comparing rate quotes, you will want to check rates from a few independent agents to get the best comparison. Many write coverage with smaller companies which could offer lower prices.
Below are Chicago independent insurance agencies who can help you get rate quotes.
- Urban Insurance Agency
800 W Huron St #301 – Chicago, IL 60642 – (312) 664-8088 – View Map - Great Northern Insurance Agency
5632 S Pulaski Rd – Chicago, IL 60629 – (773) 838-3900 – View Map - Edwards Insurance Agency, Inc.
11113 S Kedzie Ave – Chicago, IL 60655 – (773) 396-5526 – View Map
If you feel you receive satisfactory answers to all your questions and inexpensive Volvo C30 insurance in Chicago quotes, you have narrowed it down to a car insurance agent that is professional and can adequately provide insurance. Just understand that consumers can cancel your policy whenever you wish so don’t assume you’re contractually obligated to the insurance policy for any length of time.
Three main reasons to buy auto insurance
Despite the high cost, insuring your vehicle is required in Illinois but it also protects you in many ways.
- Almost all states have minimum mandated liability insurance limits which means you are required to carry specific minimum amounts of liability if you don’t want to risk a ticket. In Illinois these limits are 20/40/15 which means you must have $20,000 of bodily injury coverage per person, $40,000 of bodily injury coverage per accident, and $15,000 of property damage coverage.
- If you bought your vehicle with a loan, almost every bank will make it a condition of the loan that you have full coverage to guarantee their interest in the vehicle. If the policy lapses, the lender may insure your Volvo at a significantly higher premium and require you to reimburse them for the much more expensive policy.
- Insurance safeguards both your assets and your car. Insurance will also pay for medical expenses incurred in an accident. Liability coverage, the one required by state law, also pays expenses related to your legal defense if someone files suit against you as the result of an accident. If you receive damage to your vehicle caused by a storm or accident, comprehensive and/or collision insurance will cover the damage repairs after a deductible is paid.
The benefits of having auto insurance are without a doubt worth the cost, especially when you need to use it. According to a recent study, the average American driver overpays as much as $700 annually so compare rates at every policy renewal to be sure current rates are still competitive.
Parts of your auto insurance policy
Understanding the coverages of your auto insurance policy helps when choosing the right coverages and the correct deductibles and limits. Auto insurance terms can be confusing and even agents have difficulty translating policy wording. Shown next are typical coverage types offered by auto insurance companies.
Comprehensive protection
This coverage covers damage from a wide range of events other than collision. You first have to pay a deductible and then insurance will cover the rest of the damage.
Comprehensive coverage pays for things such as damage from a tornado or hurricane, damage from getting keyed, hitting a deer, a broken windshield and a tree branch falling on your vehicle. The most you can receive from a comprehensive claim 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.
Liability car insurance
This protects you from damages or injuries you inflict on a person or their property. Coverage consists of three different limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. As an example, you may have liability limits of 20/40/15 which stand for $20,000 in coverage for each person’s injuries, a limit of $40,000 in injury protection per accident, and property damage coverage for $15,000.
Liability insurance covers things such as medical services, loss of income, attorney fees and bail bonds. How much coverage you buy is your choice, but you should buy as large an amount as possible. Illinois requires minimum liability limits of 20/40/15 but drivers should carry more coverage.
Collision protection
This pays for damage to your C30 from colliding with another vehicle or an object, but not an animal. You will need to pay your deductible and then insurance will cover the remainder.
Collision insurance covers claims such as scraping a guard rail, crashing into a ditch, damaging your car on a curb, hitting a mailbox and colliding with a tree. Paying for collision coverage can be pricey, so consider removing coverage from lower value vehicles. Drivers also have the option to bump up the deductible on your C30 to bring the cost down.
Uninsured or underinsured coverage
Your UM/UIM coverage protects you and your vehicle from other motorists when they either are underinsured or have no liability coverage at all. Covered claims include injuries to you and your family and damage to your Volvo C30.
Because many people only purchase the least amount of liability that is required (20/40/15 in Illinois), it only takes a small accident to exceed their coverage. This is the reason having UM/UIM coverage is very important.
Medical expense coverage
Medical payments and Personal Injury Protection insurance pay for immediate expenses for things like X-ray expenses, doctor visits, surgery, ambulance fees and funeral costs. They are used to fill the gap from your health insurance policy or if you are not covered by health insurance. Medical payments and PIP cover all vehicle occupants and also covers getting struck while a pedestrian. Personal Injury Protection is not an option in every state but can be used in place of medical payments coverage
Keep this in mind when shopping around
We just showed you a lot of tips how to lower your Volvo C30 insurance rates in Chicago. It’s most important to understand that the more providers you compare, the higher the chance of saving money. Consumers could even find that the lowest priced car insurance comes from a company that doesn’t do a lot of advertising. They often have lower auto insurance rates on specific markets compared to the large companies like State Farm or Progressive.
A few companies do not offer online rate quotes and usually these smaller companies provide coverage only through local independent agencies. More affordable car insurance in Chicago is attainable online in addition to many Chicago insurance agents, so compare prices from both so you have a total pricing picture.
Additional car insurance information can be read at the links below
- What to do at the Scene of an Accident (Insurance Information Institute)
- Who Has Cheap Chicago Auto Insurance Quotes for a 20 Year Old Male? (FAQ)
- How Much are Car Insurance Rates for Drivers Requiring a SR22 in Chicago? (FAQ)
- Who Has the Cheapest Auto Insurance for Active Military in Chicago? (FAQ)
- Who Has the Cheapest Car Insurance Rates for a Nissan Sentra in Chicago? (FAQ)
- State Laws for Cellphones and Texting (iihs.org)
- Determining Your Vehicle’s Value and Repair Cost (Insurance Information Institute)
- How to Avoid Buying a Flooded Car (Insurance Information Institute)
- Safe Vehicles for Teens (iihs.org)