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.

The average insurance rates for a Volvo S60 are $1,340 a year for full coverage. Comprehensive costs on average $258 a year, collision insurance costs $464, and liability coverage costs around $460. Liability-only insurance costs as low as $510 a year, and high-risk driver insurance costs around $2,908. Teenage drivers cost the most to insure at up to $5,128 a year.

Average premium for full coverage: $1,340

Policy rates by type of insurance:

Rates are based on $500 policy deductibles, liability coverage up to 30/60, and includes medical/PIP and uninsured motorist coverage. Prices are averaged for all states and S60 trim levels.

Price Range Variability

Urban vs. Rural Price Range

Where you live has a large influence on car insurance rates. Rural areas are shown to have lower incidents of accident claims than densely populated cities. The diagram below illustrates how where you live affects car insurance rates.

The examples above show why it is important to compare prices based on a specific location, rather than using average rates.

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

Additional Charts and Tables

The chart below shows average Volvo S60 insurance rates for different risk profiles and scenarios.

• The best discount rate is $774
• Using higher $1,000 deductibles will save around $1,176 a year
• The estimated price for a good driver age 40 with $500 deductibles is $1,340
• Using low $100 deductibles for physical damage coverage bumps up the cost to $1,658
• Higher-risk drivers who are prone to accidents and violations could pay upwards of $2,908
• Policy cost that insures a teenage driver may cost $5,128 or more

View Chart as Image

Auto insurance rates for a Volvo S60 also range considerably based on the trim level of your S60, how you drive, and policy deductibles and limits.

If you have a few points on your driving record or you caused an accident, you could be paying at a minimum $1,600 to $2,200 in extra premium every year, depending on your age. A high-risk auto insurance policy can be around 43% to 133% more than a normal policy. View High Risk Driver Rates

Older drivers with a good driving record and higher comprehensive and collision deductibles may only pay around $1,300 a year, or $108 per month, for full coverage. Rates are much higher for teenagers, since even teens with perfect driving records will have to pay upwards of $5,100 a year. View Rates by Age

Your home state has a huge impact on Volvo S60 insurance rates. A driver around age 40 might see rates as low as $880 a year in states like Idaho, Maine, and Iowa, or be forced to pay as much as $1,910 on average in Michigan, Louisiana, and New York.

View Chart as Image

Using high physical damage deductibles could cut rates by as much as $490 a year, while buying higher liability limits will cost you more. Going from a 50/100 bodily injury protection limit to a 250/500 limit will raise rates by up to $414 extra every year. View Rates by Deductible or Liability Limit

How to Find the Best Cheap Volvo S60 Insurance

Finding cheaper rates on auto insurance requires being a good driver, maintaining a good credit score, avoid buying unnecessary coverage, and deciding if full coverage is necessary. Compare prices every time your policy renews by quoting rates from direct carriers, and also from local exclusive and independent agents.

The following list is a quick review of the information touched on in the above illustrations.

• Drivers can save as much as $160 per year just by quoting early and online
• Drivers age 16 to 20 are charged the highest rates, costing up to $427 each month if the policy includes full coverage
• Increasing comprehensive and collision deductibles can save approximately $475 each year
• Drivers with a DUI or reckless driving violation may pay on average $1,570 more each year than a safer driver
• Consumers who require an increased level of liability coverage will pay an extra $510 each year to increase from a 30/60 limit to the 250/500 level

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.