It's a fact that car insurance companies don't want you to look for cheaper rates. Drivers who shop around will, in all likelihood, switch auto insurance companies because there is a great chance of getting low-cost coverage. A recent survey discovered that people who compared prices once a year saved an average of $850 each year compared to other drivers who never shopped for cheaper rates.
If finding the lowest rates on Volvo S40 insurance is the reason for your visit, knowing how to get rate quotes and compare insurance can make shopping around easier.
If you want to find the absolute lowest rates, then the best way to get affordable Volvo S40 insurance in Santa Ana is to start comparing rates regularly from insurers that sell auto insurance in California. This can be done by completing these steps.
First, get a basic knowledge of auto insurance and the factors you can control to drop your rates. Many rating criteria that drive up the price such as at-fault accidents, careless driving, and poor credit history can be eliminated by making minor changes to your lifestyle.
Second, compare rates from independent agents, exclusive agents, and direct companies. Direct companies and exclusive agencies can only quote rates from a single company like GEICO and Allstate, while independent agents can quote prices from multiple sources.
Third, compare the new rates to the premium of your current policy to determine if you can save on S40 insurance. If you find a lower rate and change companies, make sure there is no lapse in coverage.
Fourth, provide notification to your current company to cancel your current auto insurance policy. Submit the completed application along with a down payment to the new insurer. Immediately safely store the certificate verifying coverage in an easily accessible location in your vehicle.
A good tip to remember is that you'll want to make sure you compare similar deductibles and liability limits on every quote request and and to get quotes from as many companies as possible. This guarantees an accurate price comparison and and a good selection of different prices.
Finding more affordable insurance quotes can be relatively painless. You just have to spend a few minutes on the computer comparing rate quotes to find the company with low cost Santa Ana auto insurance quotes.
The auto insurance companies shown below are ready to provide quotes in Santa Ana, CA. If multiple companies are listed, we suggest you compare several of them to get a more complete price comparison.
Rates and information analytics
The coverage information displayed next outlines estimates of coverage prices for Volvo S40 models. Being more informed about how auto insurance prices are figured can assist in making decisions on the best policy coverages.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| S40 2.4I | $334 | $688 | $424 | $26 | $126 | $1,598 | $133 |
| S40 T5 | $334 | $688 | $424 | $26 | $126 | $1,598 | $133 |
| S40 T5 AWD R-Design | $334 | $688 | $424 | $26 | $126 | $1,598 | $133 |
| Get Your Own Custom Quote Go | |||||||
Data rating is based on married male driver age 50, no speeding tickets, no at-fault accidents, $100 deductibles, and California minimum liability limits. Discounts applied include claim-free, multi-vehicle, multi-policy, homeowner, and safe-driver. Estimates do not factor in specific location information which can raise or lower coverage prices considerably.
Policy deductibles
When comparing car insurance rates, the most common question is where should you set your physical damage deductibles. The following insurance rates approximate the cost difference when you select higher and lower deductibles. The first set of prices uses a $100 deductible for comp and collision and the second data table uses a $500 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| S40 2.4I | $430 | $810 | $442 | $26 | $132 | $1,865 | $155 |
| S40 T5 | $430 | $810 | $442 | $26 | $132 | $1,865 | $155 |
| S40 T5 AWD R-Design | $430 | $810 | $442 | $26 | $132 | $1,865 | $155 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| S40 2.4I | $314 | $546 | $442 | $26 | $132 | $1,460 | $122 |
| S40 T5 | $314 | $546 | $442 | $26 | $132 | $1,460 | $122 |
| S40 T5 AWD R-Design | $314 | $546 | $442 | $26 | $132 | $1,460 | $122 |
| Get Your Own Custom Quote Go | |||||||
Data variables include married male driver age 30, no speeding tickets, no at-fault accidents, and California minimum liability limits. Discounts applied include homeowner, safe-driver, multi-policy, multi-vehicle, and claim-free. Information does not factor in specific location information which can revise prices considerably.
We can estimate from the data above that using a $100 deductible will cost you approximately $33 more each month or $396 for a full year than requesting the higher $500 deductible. Because you would pay $400 more out of your own pocket with a $500 deductible as compared to a $100 deductible, if you usually have more than 12 months between claim filings, you would more than likely save some money if you choose a higher deductible. The table below shows how you can decide this on your own policy.
| Average monthly premium for $100 deductibles: | $155 |
| Average monthly premium for $500 deductibles (subtract): | - $122 |
| Monthly savings from raising deductible: | $33 |
| Difference between deductibles ($500 - $100): | $400 |
| Divide difference by monthly savings: | $400 / $33 |
| Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible | 12 months |
One important issue to know is that increasing deductibles to save money means you will have to pay more when you have a comprehensive or collision claim. That will require some non-essential savings in the event you have to pay the deductible to have repairs made.
Full coverage rates vs. liability-only in Santa Ana
The diagram below illustrates the difference between Volvo S40 insurance rates with liability coverage only compared to full coverage. The information is based on a clean driving record, no claims, $500 deductibles, drivers are not married, and no additional discounts are factored in.
Are you wasting money on full coverage?
There is no written rule to exclude physical damage insurance, but there is a general school of thought. If the annual cost of your full coverage insurance is more than around 10% of any settlement you would receive from your insurance company, then it might be time to buy liability only.
For example, let's assume your Volvo S40 settlement value is $5,000 and you have $1,000 policy deductibles. If your vehicle is damaged in an accident, the most your company will settle for is $4,000 after paying the physical damage deductible. If you are paying in excess of $400 a year for physical damage coverage, then it's probably a good time to buy liability coverage only.
There are some conditions where removing full coverage is not a good plan. If you still owe a portion of the original loan, you have to maintain full coverage as part of the loan conditions. Also, if your finances do not allow you to purchase a different vehicle in the event your current vehicle is totaled, you should not drop full coverage.
How do I know if I need professional advice?
When choosing coverage online or from an agent for your personal vehicles, there is no single plan that fits everyone. Everyone's situation is unique so this has to be addressed.
These are some specific questions may help you determine if you may require specific advice.
- Does my Volvo S40 qualify for pleasure use?
- Do I need special coverage while pulling a rented trailer?
- Do I need motorclub coverage?
- How high should deductibles be on a Volvo S40?
- Do I need added coverage for expensive stereo equipment?
- Are my friends covered when driving my car?
- At what point should I drop full coverage?
- Should I get collision insurance on every vehicle?
If you're not sure about those questions but you know they apply to you then you might want to talk to an agent. To find an agent in your area, take a second and complete this form or click here for a list of auto insurance companies in your area. It is quick, free and can provide invaluable advice.
What if I want to buy from local Santa Ana auto insurance agents?
Many drivers still prefer to visit with an insurance agent and that is OK! Professional agents can answer important questions and help in the event of a claim. A good thing about getting free rate quotes online is you may find better rates and still have a local agent.
To find an agent, once you fill out this form (opens in new window), your insurance coverage information gets sent to companies in Santa Ana who will give you bids to get your business. There is no reason to find an agent on your own since rate quotes are delivered immediately to your email address. If you need to compare prices from a specific auto insurance provider, you just need to visit that company's website and submit a quote form there.
Finding a good provider is decision based upon more than just a cheap price quote. These are valid questions to ask:
- Do they have cheaper tiers of coverage?
- Does the agent recommend any additional coverage?
- Are they involved in claim handling?
- Is there a Errors and Omissions policy in force?
- How many companies do they write for?
- How long has the business existed?
- If you have an accident, will your rates go up?
Best auto insurance agent in Santa Ana
If you want to use an insurance agent, there are a couple of different agency structures to choose from. Insurance agencies in Santa Ana are considered either exclusive or independent agents depending on their company appointments. Both types can write policy coverage, but it's worth mentioning the difference in how they write coverage since it can affect the selection process.
Exclusive Auto Insurance Agents
These agents generally can only insure with one company like AAA, Allstate, State Farm, or Farmers Insurance. Exclusive agencies are unable to provide other company's prices so they have to upsell other benefits. Exclusive agencies are trained well on their products and sales techniques which helps them sell on service rather than price. A lot of people buy from exclusive agents mainly due to loyalty to the company rather than having low rates.
Below is a short list of exclusive insurance agents in Santa Ana that are able to give price quotes.
- Farmers Insurance: Wendy Munoz
2441 N Tustin Ave - Santa Ana, CA 92705 - (714) 550-1100 - View Map - Farmers Insurance - Rosa Evaristo
2901 W Warner Ave - Santa Ana, CA 92704 - (714) 966-1461 - View Map - Monica Drevon - State Farm Insurance Agent
3740 S Bristol St - Santa Ana, CA 92704 - (714) 966-2679 - View Map
Independent Agencies or Brokers
These agents can quote rates with many companies so they can write business with any number of different companies and potentially find a lower price. To transfer your coverage to a different company, your policy is moved internally and you don't have to do anything. When comparing auto insurance prices, you will definitely want to get quotes from independent agents in order to compare the most rates. They often place coverage with small regional insurance companies that many times have cheaper rates.
Listed below are independent agents in Santa Ana willing to provide comparison quotes.
- AutoCoast Insurance Agency
912 N Harbor Blvd - Santa Ana, CA 92703 - (714) 956-3100 - View Map - Mary Juarez Insurance
1227 W 1st St c - Santa Ana, CA 92703 - (714) 542-5914 - View Map - Tutton Insurance Services Inc
2913 S. Pullman St - Santa Ana, CA 92705 - (949) 261-5335 - View Map