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 $1,286 a year with full coverage. Comprehensive insurance costs around $242 a year, collision insurance costs $426, and liability insurance is estimated at $460. A liability-only policy costs approximately $510 a year, and high-risk insurance costs $2,790 or more. Teen drivers cost the most to insure at up to $4,956 a year.

Average premium for full coverage: $1,286

Policy rates for type of insurance:

Prices are based on $500 policy deductibles, split liability limits of 30/60, and includes UM/UIM and medical coverage. Prices are averaged for all U.S. states and S60 trim levels.

Price Range Variability

Urban vs. Rural Price Range

Living in a larger city has a significant impact on insurance rates. Areas with sparse population are shown to have a lower frequency of collision claims than larger metro areas. The diagram below illustrates how where you live affects auto insurance rates.

The examples above demonstrate why it is important to get quotes for a specific zip code and risk profile, rather than relying on price averages.

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

Rates by State, City, and Model

The chart below details average Volvo S60 insurance rates for additional coverage choices and driver risks.

• The lowest rate with discounts is $749
• Choosing higher $1,000 deductibles can save about $1,134 annually
• The average rate for a good driver age 40 using $500 deductibles is $1,286
• Choosing low $100 deductibles for comp and collision coverage will cost an extra $296 a year
• High-risk insureds with multiple violations and an at-fault accident could pay at least $2,790
• Policy cost for full coverage for a teen driver can be $4,956 each year

View Chart as Image

Car insurance rates for a Volvo S60 also range considerably based on your risk profile, the trim level and model year, and deductibles and policy limits.

Older drivers with no driving violations and high deductibles could pay as little as $1,200 annually on average, or $100 per month, for full coverage. Rates are highest for teenagers, where even good drivers will be charged as much as $4,900 a year. View Rates by Age

Your home state plays a big part in determining prices for Volvo S60 insurance rates. A good driver about age 40 could pay as low as $930 a year in states like New Hampshire, Ohio, and Utah, or as much as $1,740 on average in Florida, Michigan, and New York.

View Chart as Image

Choosing high deductibles can save as much as $450 each year, while buying higher liability limits will increase rates. Moving from a 50/100 limit to a 250/500 limit will raise rates by up to $414 extra every 12 months. View Rates by Deductible or Liability Limit

If you have a few points on your driving record or tend to cause accidents, you may be forking out at least $1,500 to $2,100 extra every year, depending on your age. A high-risk auto insurance policy ranges anywhere from 42% to 130% more than average. View High Risk Driver Rates

How to Find Affordable Volvo S60 Insurance

Finding cheaper rates on Volvo S60 insurance takes avoiding accidents and claims, having above-average credit, not filing small claims, and consideration of higher deductibles. Take the time to comparison shop at least once a year by getting quotes from direct companies like GEICO, Progressive, and Esurance, and also from local independent and exclusive agents.

The points below are a brief review of the primary concepts that were touched on in the above illustrations.

• You may be able to save up to $150 per year just by quoting early and online
• High-risk drivers with DUI or reckless driving convictions pay an average of $1,500 more every year to insure a Volvo S60
• Increasing comprehensive and collision deductibles can save around $450 each year
• Drivers under the age of 20 are the costliest to insure, as much as $413 each 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.