Volvo S60 Insurance Rates

Are you searching for cheap Volvo S60 car insurance? The average Volvo S60 insurance rates are $131 per month or $1,580 a year. However, many factors impact your Volvo insurance costs, like your age and driving record. 

Even the age of your model can affect your insurance premiums. For example, the 2004 Volvo S60 insurance costs will be much lower than the 2013 Volvo S60 insurance costs. 

Read our guide to learn what drivers can do to save on the cost of insuring a Volvo S60 and secure cheap car insurance.

Ready to start shopping around for Volvo S60 insurance rates? Enter your five-digit ZIP code in our FREE quote comparison tool to get started.

Average auto insurance rates for a Volvo S60 are $1,286 annually for full coverage. Comprehensive costs around $242, collision costs $426, and liability coverage costs around $460. Buying just liability costs as low as $510 a year, with insurance for high-risk drivers costing around $2,790. Teenage drivers receive the highest rates at $4,956 a year or more.

Average premium for full coverage: $1,286

Rate estimates for individual coverage type:

Estimates include $500 policy deductibles, 30/60 liability limits, and includes medical/PIP and uninsured motorist coverage. Rates are averaged for all states and for all S60 models.

Price Range by Coverage and Risk

Price Range by Location

Where you live has a large influence on auto insurance rates. Areas with sparse population tend to have fewer accident claims than densely populated cities.

The example below illustrates how where you live affects auto insurance rates.

These examples show why everyone should compare prices for a specific zip code and their own personal driving habits, rather than using average rates.

Use the form below to get customized rates for your location.

Additional Charts and Tables

The chart below shows estimated Volvo S60 insurance rates for additional coverage choices and driver risks.

• The best discount rate is $749
• Using higher $1,000 deductibles will save about $152 a year
• The estimated rate for a 40-year-old driver using $500 deductibles is $1,286
• Using pricier low deductibles for physical damage coverage will cost $1,582
• Higher-risk drivers who are prone to accidents and violations could pay at least $2,790 or more
• The cost with full coverage for a teenage driver for full coverage can be $4,956 or more

View Chart as Image

Auto insurance rates for a Volvo S60 can also vary considerably based on the trim level of your S60, your driver profile, and deductibles and policy limits.

A more mature driver with a good driving record and high physical damage deductibles may only pay around $1,200 a year for full coverage. Rates are much higher for teen drivers, where even without any violations or accidents they will have to pay as much as $4,900 a year. View Rates by Age

If you like to drive fast or you caused a few accidents, you could be paying at least $1,500 to $2,100 in extra premium per year, depending on your age. Volvo S60 insurance for high-risk drivers can be around 42% to 130% more than a normal policy. View High Risk Driver Rates

Using high physical damage deductibles could cut rates by as much as $450 a year, whereas buying more liability protection will increase rates. Going from a 50/100 bodily injury limit to a 250/500 limit will cost as much as $414 extra every year. View Rates by Deductible or Liability Limit

Where you live has a huge impact on Volvo S60 insurance rates. A driver around age 40 might see rates as low as $850 a year in states like Idaho, Maine, and Iowa, or be forced to pay as much as $1,840 on average in Michigan, Louisiana, and New York.

View Chart as Image

With so much variability in rates, the only way to know your exact price is to regularly compare rates and see how they stack up. Each insurance company uses a different method to calculate rates, and quoted rates can be significantly different between companies.

How to Buy Low Cost Volvo S60 Insurance

Saving money on auto insurance requires avoiding accidents and claims, having above-average credit, eliminating unneeded coverage, and maximizing policy discounts. Take the time to comparison shop at every policy renewal by requesting quotes from direct carriers like Progressive and GEICO, and also from local independent and exclusive agents.

The points below are a review of the data touched on in the above illustrations.

• Consumers who may need increased liability limits will pay an extra $510 each year to increase from a minimum limit to higher 250/500 limits
• Drivers can save up to $150 per year simply by quoting online well ahead of the renewal date
• Increasing deductibles could save up to $450 each year
• Drivers under the age of 20 are expensive to insure, costing as high as $413 per month if full coverage is included

So, is insurance on a Volvo expensive? As you’ve learned from the information above, the Volvo S60 average insurance costs depend on many different factors. The slightly older 2012 Volvo S60 insurance costs will be lower than insuring a newer 2020 model. 

Ready to start shopping to find the cheapest Volvo S60 rates? Whether you are shopping for Volvo G60 insurance or just Volvo insurance costs, enter your ZIP code in our FREE tool below to get started.

What are the safety ratings of the Volvo S60?

Good Volvo S60 safety ratings can help drivers save on car insurance. The Volvo S60 has some good safety features, such as a blind-spot monitor, auto-leveling headlights, lane departure warning, and lane-keeping assist.

The 2020 Volvo S60 also won the Insurance Institute for Highway Safety’s 2020 Top Safety Pick award because of the following crash test ratings:

• Small overlap front (driver-side): Good
• Small overlap front (passenger-side): Good
• Moderate overlap front: Good
• Side: Good
• Roof strength: Good
• Head restraints and seats: Good

The good news is that these perfect safety ratings will help keep your Volvo S60 insurance rates low. 

You may be wondering, if the Volvo S60 is so safe, then why are Volvos so expensive to insure? Despite the phenomenal safety ratings, the maintenance costs for this car also impact your insurance rates. 

Volvo is a luxury car brand. Luxury vehicles usually cost more to fix and maintain. To make up for those extra expenses, insurance companies often charge higher than average premiums for these types of cars. 

The Volvo S60 maintenance costs can rise above $700 annually, which is a little higher than average and may cause your premiums to go up. Many consumers who drive a luxury car also purchase fuller coverage insurance policies to protect their assets, which will also lead to higher premiums. 

Volvo S60 Compared Against Other Vehicles in the Same Class

Comparing the Volvo S60 to similar vehicles can help you save money, especially if the Volvo S60 has better insurance loss ratios than other vehicles in its class. Officially, the Insurance Information Institute classifies the Volvo S60 as a midsize luxury car.

Take a look at the list below to see how other midsize luxury cars’ rates compare to the Volvo S60.

• Acura TLX
• Audi A3
• Jaguar XE

Fortunately, the property damage, comprehensive, and personal injury liability insurance losses for the Volvo S60 are better than average at -21 percent, – 24 percent, and -23 percent respectively in comparison to other midsize luxury cars.

You’re now an expert on Volvo S60 insurance rates. To review, why is Volvo insurance so expensive? High insurance premiums have more to do with the driver than the car, maintaining a clean driving record and comparison shopping will always help you secure your cheapest insurance rates. 

Now you’re ready to start shopping for cheap Volvo S60 insurance rates, just enter your five-digit ZIP code in our FREE quote comparison tool to get started.