To save the most money, the best way to find the cheapest price for auto insurance rates in Orlando is to make a habit of regularly comparing prices from companies who sell auto insurance in Florida.
Step 1: Spend a few minutes and learn about car insurance and the things you can change to lower rates. Many rating criteria that cause rate increases such as inattentive driving and an unacceptable credit rating can be remedied by being financially responsible and driving safely. Read the full article for more information to help find cheaper rates and get additional discounts that may be available.
Step 2: Compare rates from direct, independent, and exclusive agents. Exclusive and direct companies can only give rate quotes from a single company like Progressive or Allstate, while independent agents can provide rate quotes from multiple companies.
Step 3: Compare the new rates to your current policy premium and determine if there is any savings. If you can save money and buy the policy, verify that coverage does not lapse between policies.
One tip to remember is that you’ll want to compare identical deductibles and limits on each price quote and and to get price estimates from every insurance company. This enables the most accurate price comparison and the best rate selection.
It’s a fact that car insurance companies don’t want you to look for a cheaper policy. People who do rate comparisons will presumably switch car insurance companies because of the high probability of finding a lower-priced company. A recent survey discovered that consumers who regularly compared rates saved approximately $3,450 over four years compared to drivers who never shopped around for lower prices.
If finding budget-friendly rates on Volvo S60 insurance in Orlando is the reason you’re here, then learning a little about how to choose a company and compare insurance premiums can save time and make the process easier.
The auto insurance companies shown below are our best choices to provide free rate quotes in Orlando, FL. To find the best cheap car insurance in Florida, we recommend you compare several of them in order to find the lowest rates.
Check for these price cutting discounts
Companies don’t list their entire list of discounts very clearly, so the below list has a few of the more common and the more hidden credits available to lower your premiums when you buy Orlando auto insurance online.
- Onboard Data Collection – Insureds that choose to allow driving data collection to track when and where they use their vehicle by installing a telematics device like Drivewise from Allstate or In-Drive from State Farm might get better premium rates if they are good drivers.
- Accident Forgiveness Coverage – Not a discount per se, but some companies like State Farm and Allstate will turn a blind eye to one accident without getting socked with a rate hike if your claims history is clear prior to the accident.
- Student Discount for Driver Training – It’s a good idea to have your young drivers successfully complete driver’s ed class if offered at their school.
- Distant Student Discount – Any of your kids who are enrolled in a college that is more than 100 miles from Orlando and do not have access to a covered vehicle could get you a discount.
- Multiple Vehicles – Buying insurance for more than one vehicle on one policy may reduce the rate for each vehicle.
- Mature Driver Discount – Seniors can possibly qualify for a discount up to 10%.
- Low Miles Discount – Keeping the miles down on your Volvo may allow you to get lower rates due to less chance of an accident.
- Discounts for Federal Employees – Simply working for the federal government can earn a discount up to 10% with a few insurance companies.
While discounts sound great, it’s important to understand that most of the big mark downs will not be given to all coverage premiums. The majority will only reduce individual premiums such as comprehensive or collision. Even though it may seem like it’s possible to get free car insurance, it just doesn’t work that way.
The best insurance companies and the discounts they provide are outlined below.
- GEICO has savings for anti-theft, good student, air bags, multi-vehicle, driver training, and emergency military deployment.
- Auto-Owners Insurance offers discounts including mature driver, good student, anti-lock brakes, group or association, student away at school, teen driver, and anti-theft.
- American Family offers discounts for multi-vehicle, bundled insurance, Steer into Savings, defensive driver, early bird, and TimeAway discount.
- Esurance offers premium reductions for anti-theft, emergency road assistance, Switch & Save, anti-lock brakes, good driver, claim free, and defensive driver.
- Progressive discounts include homeowner, continuous coverage, multi-policy, multi-vehicle, good student, and online signing.
- State Farm may offer discounts for multiple policy, passive restraint, student away at school, driver’s education, Steer Clear safe driver discount, multiple autos, and accident-free.
- AAA may have discounts that include anti-theft, good student, AAA membership discount, pay-in-full, education and occupation, and multi-policy.
Before purchasing a policy, check with all companies you are considering how many discounts you can get. Savings might not be offered in every state.
Insurance Rate Influencing Factors
Lots of factors are used when you quote your car insurance policy. Some of the criteria are obvious like your driving record, although others are more obscure like your continuous coverage or how safe your car is.
The factors shown below are just a few of the factors used by companies to determine prices.
- Females tend to take less risk – Over time, data shows women are more cautious behind the wheel. It does not mean men are WORSE drivers than women. Both genders get in accidents at about the same rate, but men cause more damage and cost insurance companies more money. Men also statistically have more aggressive citations like DWI (DUI) or reckless driving.
- Low mileage costs less – Driving more miles in a year’s time the more you’ll pay to insure your vehicle. The majority of insurers charge to insure your cars based upon how much you drive. Cars and trucks used primarily for pleasure use can get a lower rate than vehicles that are driven to work every day. It’s a good idea to make sure your car insurance policy shows how each vehicle is driven. Improper usage on your S60 may be costing you higher rates.
- Your stress level may be raising your premiums – Did you know that where you work can have an impact on rates? Careers like real estate brokers, architects, and medical professionals have higher rates than the rest of us in part from high stress and extremely grueling work hours. On the other hand, careers like professors, athletes and performers pay the least.
- Know your vehicle’s NHTSA crash test rating – Safer cars tend to have better insurance rates. Vehicles built for safety result in less severe injuries and reduced instances of injuries means less money paid by your insurance company and cheaper rates on your policy.
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Volvo S60 insurance loss statistics – Companies use historical loss data to help determine the price you pay. Vehicles that historically have a trend towards higher claims will have increased rates.
The table below demonstrates the historical insurance loss data for Volvo S60 vehicles. For each policy coverage, the loss probability for all vehicles, without regard to make or model, is set at 100. Values that are below 100 suggest a positive loss record, while percentage numbers above 100 indicate more frequent claims or a tendency for losses to be larger than average.
Insurance Loss Ratings for Volvo S60 Vehicles Vehicle Model Collision Property Damage Comp Personal Injury Medical Payment Bodily Injury Volvo S60 4dr 2WD 103 85 83 76 72 65 Volvo S60 4dr 4WD 111 73 90 65 66 BETTERAVERAGEWORSEEmpty fields indicate not enough data collected
Data Source: Insurance Institute for Highway Safety for 2013-2015 Model Years
Local neighborhood insurance agents
A lot of people prefer to talk to an insurance agent and that is OK! Most agents are trained to spot inefficiencies and help file insurance claims. A good thing about comparing rates online is you may find cheap rate quotes but still work with a licensed agent.
To make it easy to find an agent, after completing this simple form, the coverage information is transmitted to local insurance agents in Orlando who will gladly provide quotes for your insurance coverage. There is no need to visit any agencies as quotes are delivered straight to your inbox. In the event you want to get a price quote from a specific insurance provider, feel free to search and find their rate quote page to submit a rate quote request.
Choosing an insurer needs to be determined by more than just a cheap quote. These are some questions your agent should answer.
- How are they compensated?
- Which members of your family are coverage by the policy?
- Will the company cover a rental car if your car is getting fixed?
- If you are a high risk driver, do they have special markets for your coverage?
- Do they specialize in personal lines auto insurance in Orlando?
Orlando auto insurance agents are either independent or exclusive
If you prefer to buy insurance from a reliable insurance agency, you should know the types of insurance agents that differ in how they can insure your vehicles. Insurance agencies in Orlando can be described as either independent or exclusive. Both can sell insurance policies, but it’s worth mentioning the difference in how they write coverage since it may influence your selection of an agent.
Exclusive Agencies
Exclusive agents can only quote rates from one company and examples are State Farm, Allstate and AAA. They are unable to compare rates from other companies so they have no alternatives for high prices. They receive extensive training on their company’s products which can be an advantage. Consumers often use the same exclusive agent primarily because of the prominent brand name and strong financial ratings.
Shown below is a list of exclusive insurance agencies in Orlando that can give you comparison quotes.
- GEICO Insurance Agent
5005 E Colonial Dr – Orlando, FL 32803 – (407) 897-7157 – View Map - Mike Broschart – State Farm Insurance Agent
4638 S Kirkman Rd – Orlando, FL 32811 – (407) 298-2700 – View Map - Allstate Insurance: Luis T. Martell
7800 W Sand Lake Rd #201 – Orlando, FL 32819 – (407) 522-9293 – View Map
Independent Insurance Agents
Agents that elect to be independent do not write with just one company so as a result can place your coverage through many companies and potentially find a lower price. If you are not satisfied with one company, they can switch companies in-house which makes it simple for you.
When comparing insurance prices, you should always contact a few independent agents in order to compare the most rates. They often place coverage with additional companies that you may not be familiar with which can save you money.
Listed below are independent insurance agents in Orlando that can give you rate quotes.
- J Short Insurance Agency
2901 Curry Ford Rd #212 – Orlando, FL 32806 – (407) 849-9000 – View Map - State and Co Insurance Agency
605 E Robinson St #450 – Orlando, FL 32801 – (407) 334-7505 – View Map - All Insurance Able
2319 S Goldenrod Rd – Orlando, FL 32822 – (407) 243-9700 – View Map
After talking to the agent and getting good feedback to any questions you may have as well as a price you’re happy with, chances are good that you have found an insurance agency that is reliable enough to adequately provide insurance.
Cheaper insurance is a realistic goal
People who switch companies do it for any number of reasons including unfair underwriting practices, denial of a claim, lack of trust in their agent or policy cancellation. No matter why you want to switch, choosing a new insurance company is less work than it seems.
You just learned some good ideas how you can compare Volvo S60 insurance car insurance rates in Orlando. The key thing to remember is the more rate comparisons you have, the better chance you’ll have of finding affordable Volvo S60 insurance quotes. You may even discover the biggest savings come from a small mutual company.
As you prepare to switch companies, don’t be tempted to skimp on coverage in order to save money. There have been many situations where consumers will sacrifice liability limits or collision coverage only to regret at claim time that they should have had better coverage. Your aim should be to find the BEST coverage at the best possible price, but don’t skip important coverages to save money.
For more information, take a look at the following helpful articles:
- Uninsured Motorist Statistics (Insurance Information Institute)
- Who Has the Cheapest Car Insurance Rates for 4×4 Vehicles in Orlando? (FAQ)
- How Much are Orlando Auto Insurance Rates for Drivers with Bad Credit? (FAQ)
- Uninsured Motorists: Threats on the Road (Insurance Information Institute)
- How do I File a Claim? (Insurance Information Institute)
- Vehicle Insurance (Wikipedia)