You got it, but it wouldn't make much difference if you listen loud like it is in a movie cinema. If you look at the graph I posted earlier, it is for the LSiM703 but the 707 should be similar if not worse. The solid line is the impedance and the dotted line is the phase angle between the voltage and current, both varies with frequency. You can see that in the range from about 75 to 130 Hz the impedance is quite low.
Obviously you don't want to set XO as higher as 130 Hz, but if you set it to 90 Hz, it would still be able to avoid some of the impedance dips an the relatively large phase angles. So basically XO of 90 or 100 Hz are good numbers for you situation, given that you do have a pair of subwoofers.
Your AVR is rated for 8 ohms, the lower the speaker's impedance mean the more current the AVR has to deliver. For example, at 4 ohms, the AVR would have to deliver twice as much current at the same volume position, so if you set the crossover higher, by avoiding some of those low impedance points, the AVR will not have to work as hard.
Phase angle can also be an issue for the entry level AVRs, the higher the phase angle, the more power will have to be dissipated in the output transistors and that could cause them to overheat and may shutdown if the protection system works well, or the transistors may be damaged.
The reason I bring this up is that those LSIM speakers are not easy loads because of their design that resulted in relatively low impedance and high phase angles in the low to lower mid bass range (fortunately the phase angle is high for a very narrow range). They were advertised as 8 ohm nominal speakers, but they are more like 4 ohm, or 6 ohm nominal at best.
I bet if you ask
@TLS Guy , I am sure he will also tell you don't believe Polk's impedance specs for those speakers.
Again, if you can in fact keep the volume at or below -20, you should be fine but don't forget to put a couple of fans on top anyway for longevity.