To save the most money, the best way to get low-cost car insurance rates is to regularly compare prices from insurers who can sell car insurance in New Orleans. Price quotes can be compared by following these guidelines.
First, read about how auto insurance works and the measures you can take to keep rates low. Many things that cause high rates like traffic tickets, fender benders, and an unacceptable credit score can be improved by paying attention to minor details.
Second, compare price quotes from exclusive agents, independent agents, and direct providers. Direct companies and exclusive agencies can give quotes from a single company like GEICO or Allstate, while independent agencies can give you price quotes from multiple insurance companies. Find a New Orleans insurance agent
Third, compare the new rate quotes to the price on your current policy to see if cheaper S80 coverage is available. If you find a lower rate quote and switch companies, make sure the effective date of the new policy is the same as the expiration date of the old one.
Fourth, give proper notification to your current agent or company of your intent to cancel your current auto insurance policy and submit a down payment along with a signed application for the new policy. As soon as coverage is bound, store the certificate verifying coverage along with your vehicle registration.
A crucial key to this process is that you’ll want to compare the same physical damage deductibles and liability limits on each quote request and and to get prices from as many auto insurance providers as possible. Doing this helps ensure an apples-to-apples comparison and a complete rate analysis.
Unimaginable but true, almost 70% of drivers have bought auto insurance from the same company for at least four years, and practically 40% of auto insurance customers have never compared rates with other companies. Most drivers in New Orleans could save as much as 35% every year, but they just assume it takes a lot of time to find cheap insurance by shopping around.
Lowering your Volvo S80 auto insurance rates is actually easier than you may think. The only requirement is to take time comparing rates online from several insurance companies.
The providers in the list below provide comparison quotes in Louisiana. If multiple companies are listed, it’s highly recommended you get rates from several of them to find the cheapest auto insurance rates.
Volvo S80 insurance rates and statistics
The rate table displayed below covers a range of rate quotes for Volvo S80 models. Learning a little about how car insurance premiums are established can benefit drivers when making informed decisions when shopping around for a new policy.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|S80 T6 AWD||$352||$748||$604||$36||$180||$1,920||$160|
|S80 Executive AWD||$352||$846||$604||$36||$180||$2,018||$168|
|S80 V8 AWD||$388||$846||$604||$36||$180||$2,054||$171|
|Get Your Own Custom Quote Go|
Data variables include single female driver age 40, no speeding tickets, no at-fault accidents, $500 deductibles, and Louisiana minimum liability limits. Discounts applied include claim-free, safe-driver, multi-vehicle, homeowner, and multi-policy. Rate quotes do not factor in the specific area where the vehicle is garaged which can decrease or increase premium rates greatly.
The chart below highlights how deductible selection and can affect Volvo S80 insurance costs for each different age group. The rates are based on a single male driver, full coverage, and no additional discounts are factored in.
Irresponsible driving raises your rates
The information below shows how traffic citations and at-fault collisions influence Volvo S80 annual premium costs for each age group. Data assumes a married female driver, full coverage, $1,000 deductibles, and no discounts are applied to the premium.
Insurance policy discounts for Volvo S80 insurance in New Orleans
Insuring your fleet can be pricey, but there are discounts available that could drop your premiums quite a bit. Some of these discounts will be visible when you complete an application, but once in a while a discount must be requested specifically before you will receive the discount.
- Theft Prevention Discount – Cars and trucks with anti-theft systems can help prevent theft and earn discounts up to 10% off your New Orleans auto insurance quote.
- Save over 55 – Older drivers may qualify for better insurance rates.
- Low Mileage Discounts – Driving less can qualify you for lower rates due to less chance of an accident.
- Home Ownership Discount – Owning a house in New Orleans can earn you a little savings since home ownership is proof of financial responsibility.
- College Student – Youth drivers who are enrolled in higher education away from home and don’t have a car could qualify for this discount.
- Telematics Devices – Drivers who elect to allow driving data collection to analyze driving manner by using a telematic data system like In-Drive from State Farm and Progressive’s Snapshot might see lower rates if they are good drivers.
- Good Students Pay Less – Performing well in school can save 20 to 25%. The good student discount can last up until you turn 25.
- Military Discounts – Having an actively deployed family member may qualify for rate reductions.
- First Accident Forgiveness – This one is not really a discount per se, but a handful of insurance companies permit an accident without getting socked with a rate hike if your claims history is clear for a specific time period.
- Accident-Free Discounts – Drivers who don’t have accidents can earn big discounts as compared to insureds who have frequent claims or accidents.
You should keep in mind that most credits do not apply to all coverage premiums. Most only cut specific coverage prices like liability and collision coverage. Even though it appears having all the discounts means you get insurance for free, that’s just not realistic. But any discount will bring down your policy premiums.
The example below visualizes the comparison of Volvo S80 yearly insurance costs with and without discounts applied to the rates. The data assumes a male driver, a clean driving record, no claims, Louisiana state minimum liability limits, full physical damage coverage, and $100 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with homeowner, marriage, claim-free, multi-car, multi-policy, and safe-driver discounts applied.
Some of the insurance companies who might offer these benefits possibly include:
- State Farm
- Liberty Mutual
- American Family
- Farmers Insurance
- Auto-Owners Insurance
It’s a good idea to ask each company which discounts you may be entitled to. Some of the discounts discussed earlier may not apply to policies in New Orleans.
Why you need Volvo vehicle insurance in Louisiana
Despite the potentially high cost of Volvo S80 insurance, insurance is required for several reasons.
First, most states have minimum mandated liability insurance limits which means it is punishable by state law to not carry a minimum amount of liability protection if you don’t want to risk a ticket. In Louisiana these limits are 15/30/25 which means you must have $15,000 of bodily injury coverage per person, $30,000 of bodily injury coverage per accident, and $25,000 of property damage coverage.
Second, if your vehicle has a lienholder, it’s most likely the lender will stipulate that you have full coverage to guarantee loan repayment. If you let the policy lapse, the bank will be required to insure your Volvo for a lot more money and make you pay for the much more expensive policy.
Third, car insurance protects your Volvo and your assets. Insurance will pay for medical expenses incurred in an accident. As part of your policy, liability insurance also covers legal expenses if you are named as a defendant in an auto accident. If you have damage to your Volvo as the result of the weather or an accident, comprehensive and collision coverage will cover the damage repairs after a deductible is paid.
The benefits of having car insurance outweigh the cost, specifically if you ever have a liability claim. In a recent study of 1,000 drivers, the average customer overpays more than $865 each year so you should quote and compare rates at every renewal to ensure rates are inline.
Best car insurance company in New Orleans
Picking a highly-rated insurance company can be difficult considering how many choices you have in Louisiana. The company ratings below may help you analyze which insurers to look at purchasing coverage from.
Top 10 New Orleans Car Insurance Companies Ranked by Value
- Mercury Insurance
- American Family
- AAA Insurance
- Safeco Insurance
- The Hartford
- The General
- 21st Century
Compare rates but still have a local neighborhood New Orleans car insurance agent
Some consumers just want to get professional advice from a licensed agent and that is OK! Experienced insurance agents can make sure you are properly covered and will help you if you have claims. One of the great benefits of comparing rate quotes online is the fact that you can find lower rates but also keep your business local.
To help locate an agent, after submitting this form (opens in new window), your insurance data is emailed to insurance agents in New Orleans who will give competitive quotes for your insurance coverage. It simplifies rate comparisons since you won’t have to drive around as quotes are delivered to you. If for some reason you want to compare rates from one company in particular, you just need to go to their quote page and submit a quote form there.
Finding the right insurer requires more thought than just the price. Any agent in New Orleans should be willing to answer these questions.
- Do you qualify for any additional discounts?
- How long has their agency been open in New Orleans?
- Do they have 24-hour customer assistance?
- Is the coverage adequate for your vehicle?
- Do clients work directly with the agent or are most inquiries handled by a CSR?
- What are the financial ratings for the companies they represent?
- Where would glass claims be handled in New Orleans?
When finding a reliable insurance agent, you should know the different agency structures and how they function. Agents in New Orleans can be described as either exclusive agents or independent agents. Both can handle insurance, but it’s worth learning why they differ because it can factor into which type of agent you select.
Exclusive Insurance Agencies
These agents normally can only provide a single company’s rates and some examples include American Family, State Farm, and Allstate. Exclusive agents cannot provide rate quotes from other companies so if the price isn’t competitive there isn’t much they can do. Exclusive agents receive extensive training on their company’s products which aids in selling service over price. Some people will only buy from exclusive agents primarily because of the prominence of the brand rather than low rates.
The following is a short list of exclusive agents in New Orleans that are able to give comparison quotes.
- Carl Mixon – State Farm Insurance Agent
4716 Canal St – New Orleans, LA 70119 – (504) 482-7897 – View Map
- Allstate Insurance: Daniel Rahman
701 Dante St c – New Orleans, LA 70118 – (504) 861-2700 – View Map
- Larry Talamo – State Farm Insurance Agent
6506 Spanish Fort Blvd – New Orleans, LA 70124 – (504) 282-3474 – View Map
Independent Agencies or Brokers
Independent agents do not sell for just one brand so they have the ability to put coverage through lots of different companies and find you the best rates. If they find a cheaper price, they simply move your policy to a different company and you can keep the same agent.
When comparison shopping, you definitely need to get several quotes from multiple independent agents for the best price selection. Most also have access to less well-known companies which could offer lower prices.
The following are independent insurance agencies in New Orleans who can help you get rate quotes.
- Robert Sheard Insurance
1601 Gordon St – New Orleans, LA 70117 – (504) 947-3044 – View Map
- Olympus Insurance Agency
101 W Robert E Lee Blvd #405 – New Orleans, LA 70124 – (504) 535-7755 – View Map
- Pappalardo Agency, Inc.
145 Robert E Lee Blvd #202 – New Orleans, LA 70124 – (504) 486-7441 – View Map