SYS
05-06-2005, 08:23 PM
Since I'm picking up my factory ordered XC70 tomorrow, I called my Geico insurance to make the necessary changes to my policy so I'll be covered while driving it home. To my pleasant surprise, my premium actually came down in spite of the fact that the new XC70 is replacing my wife's 12 year old, beat up BMW that has a market value of only around $3,000. Insurance wise, it's cheaper to own a brand new Volvo than a 12 year old junk???
AND the new and cheaper insurance premium INCLUDES the 7 year or 100,000 miles Mechanical Breakdown Insurance that covers the sort of repairs that the 4 year Volvo warranty won't cover -- bumper to bumper. With only $250 deductible, I sure like this better than those questionable extended warranties. Apparently not all insurance companies have this MBI policy, so if anyone's interested in looking at an alternative to extended warranties, check this thing out. I've been with Geico for well over a decade, and they've been really good to me. After having read ALL sorts of electrical and mechanical problems associated with Volvo and having suffered nagging second thoughts on my order for two full months, I can now finally RELAX!!!!! :D
AND the new and cheaper insurance premium INCLUDES the 7 year or 100,000 miles Mechanical Breakdown Insurance that covers the sort of repairs that the 4 year Volvo warranty won't cover -- bumper to bumper. With only $250 deductible, I sure like this better than those questionable extended warranties. Apparently not all insurance companies have this MBI policy, so if anyone's interested in looking at an alternative to extended warranties, check this thing out. I've been with Geico for well over a decade, and they've been really good to me. After having read ALL sorts of electrical and mechanical problems associated with Volvo and having suffered nagging second thoughts on my order for two full months, I can now finally RELAX!!!!! :D