A recent study showed that almost 70% of insureds kept their coverage with the same auto insurance company for at least four years, and nearly 40% of drivers have never even compared rates from other companies. Many drivers in Boston could cut their rates by 45% a year, but they don’t believe the amount of savings they would get if they moved their coverage to a different company.
The easiest way to get discount auto insurance rates is to do an annual price comparison from insurance carriers in Boston.
Step 1: Spend a few minutes and learn about individual coverages and the things you can control to keep rates low. Many risk factors that result in higher prices like speeding tickets, careless driving and a low credit rating can be rectified by making minor driving habit or lifestyle changes. Keep reading for more information to get cheaper coverage and get bigger discounts that may have been overlooked.
Step 2: Compare price quotes from direct, independent, and exclusive agents. Exclusive agents and direct companies can only quote rates from a single company like Progressive and State Farm, while independent agencies can give you price quotes for a wide range of insurance providers. View rates
Step 3: Compare the quotes to your current policy premium to see if a cheaper rate is available in Boston. If you find a better price and change companies, make sure the effective date of the new policy is the same as the expiration date of the old one.
An important part of this process is that you’ll want to compare similar deductibles and liability limits on each quote request and and to get rate quotes from as many car insurance companies as possible. This provides a fair rate comparison and a complete price analysis.
The companies shown below provide price quotes in Boston, MA. To buy cheaper car insurance in Boston, MA, we recommend you visit two to three different companies to get a more complete price comparison.
Don’t overlook these Volvo XC60 insurance discounts
Some insurance providers do not list every discount they offer in a way that’s easy to find, so we break down a few of the more well known in addition to some of the lesser obvious ways to save on insurance.
- Seat Belts Save – Drivers who always wear seat belts and also require passengers to buckle up before driving can save up to 15% off PIP or medical payments premium.
- Theft Deterrent – Cars and trucks equipped with tracking devices and advanced anti-theft systems have a lower chance of being stolen and will save you 10% or more on XC60 insurance in Boston.
- Driver Education Discount – Reduce the cost of insurance for teen drivers by having them complete a driver education course in high school.
- Telematics Data – Insureds that choose to allow data collection to analyze driving manner by installing a telematics device such as State Farm’s In-Drive might see lower rates as long as they are good drivers.
- Life Insurance – Some insurance companies give a discount if you purchase life insurance.
- First Accident Forgiveness – This one is not really a discount per se, but companies like State Farm and Progressive allow you one accident before your rates go up as long as you don’t have any claims before the accident.
- Multi-car Discount – Having primary and secondary vehicles on one policy could earn a price break for each car.
- Smart Student Discounts – This discount can get you a discount of up to 25%. This discount can apply up until you turn 25.
You can save money using discounts, but most of the big mark downs will not be given to the entire policy premium. A few only apply to specific coverage prices like medical payments or collision. Despite the appearance that adding up those discounts means a free policy, insurance companies aren’t that generous.
The example below visualizes the comparison of Volvo XC60 insurance costs with and without discounts applied. The rates are based on a female driver, no accidents or driving violations, Massachusetts state minimum liability limits, comprehensive and collision coverage, and $250 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with homeowner, claim-free, multi-car, marriage, safe-driver, and multi-policy discounts applied.
For a list of insurance companies who offer insurance discounts in Massachusetts, click here.
Rate information and statistics
The coverage table displayed below covers different insurance costs for Volvo XC60 models. Knowing how insurance premiums are figured can help customers make informed decisions when comparing rates.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|XC60 3.2 2WD||$192||$322||$292||$18||$88||$912||$76|
|XC60 3.2 AWD||$216||$322||$292||$18||$88||$936||$78|
|XC60 T6 AWD AWD||$216||$380||$292||$18||$88||$994||$83|
|XC60 T6-R AWD AWD||$240||$380||$292||$18||$88||$1,018||$85|
|Get Your Own Custom Quote Go|
Data rating is based on married male driver age 40, no speeding tickets, no at-fault accidents, $500 deductibles, and Massachusetts minimum liability limits. Discounts applied include multi-vehicle, safe-driver, homeowner, multi-policy, and claim-free. Premium costs do not factor in zip code location which can change premium rates significantly.
The chart below highlights how deductible choice and can influence Volvo XC60 insurance costs for different age categories. The premium estimates are based on a married male driver, full coverage, and no policy discounts are applied.
Massachusetts auto insurance companies
Choosing a highly-rated company can be challenging considering how many different insurance companies sell coverage in Boston. The company rank data in the next section can help you choose which insurers to look at when looking for cheaper rates.
Top 10 Boston Car Insurance Companies Ranked by Customer Service
- Mercury Insurance
- Titan Insurance
- The Hartford
- American Family
- State Farm
Top 10 Boston Car Insurance Companies Overall
- The General
- Mercury Insurance
- Titan Insurance
- The Hartford
- State Farm
- Farmers Insurance
- Safeco Insurance
Volvo XC60 Insurance Cost Factors
Many different elements are used in the calculation when premium rates are determined. Some are obvious like a motor vehicle report, but others are not quite as obvious such as your marital status or your financial responsibility.
The itemized list below are most of the major factors used by your company to calculate your premiums.
Cheap prices for being claim-free – Auto insurance companies in Massachusetts generally give better rates to people who are not frequent claim filers. If you file claims often, you can expect either higher rates or even cancellation. Insurance coverage is intended to be relied upon for larger claims.
Safeguard your assets with liability insurance – Your car insurance policy’s liability coverage will protect you if ever a jury decides you are liable for causing damage or personal injury in an accident. Your policy’s liability insurance provides for a legal defense to defend your case. It is affordable coverage compared to comp and collision, so drivers should make sure they buy enough to cover all assets.
Get better rates if married – Having a wife or husband actually saves money on your car insurance bill. It demonstrates that you tend to be more mature and responsible and it’s proven that drivers who are married file infrequent claims.
Gender as a rate factor – Over the last 30 years, statistics show that women are safer drivers than men. However, this does not mean men are worse drivers. Females and males cause accidents at a similar rate, but males have costlier accidents. Not only that, but men also get more serious tickets like driving under the influence (DUI).
The example below illustrates the difference between Volvo XC60 insurance costs for male and female drivers. The information is based on no claims or driving violations, comp and collision included, $500 deductibles, marital status is single, and no discounts are applied to the premium.
Insurance loss data for Volvo XC60 vehicles – Insurance companies analyze the history of losses to help determine prices. Vehicles that tend to have increased losses will cost more to insure. The table below outlines the insurance loss data for Volvo XC60 vehicles.
For each coverage type, the claim amount for all vehicles averaged together equals 100. Values that are under 100 indicate a favorable loss history, while numbers shown that are more than 100 show a trend for more claims or a tendency for losses to be larger than average.
|Vehicle Make and Model||Collision||Property Damage||Comp||Personal Injury||Medical Payment||Bodily Injury|
|Volvo XC60 4dr 2WD||79||74||70||60||53||55|
|Volvo XC60 4dr 4WD||93||82||75||66||64||57|
Statistics from IIHS.org for 2013-2015 Model Years