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.

U.S. average insurance rates for a Volvo S60 are $1,286 a year for full coverage insurance. Comprehensive insurance costs approximately $242, collision costs $426, and liability insurance costs $460. Liability-only insurance costs as little as $510 a year, with high-risk driver insurance costing $2,790 or more. Teen drivers pay the highest rates at $4,956 a year or more.

Average premium for full coverage: $1,286

Price estimates by individual coverage:

Estimates include $500 comprehensive and collision deductibles, minimum liability limits, and includes both medical and uninsured motorist insurance. Estimates are averaged for all 50 states and for all S60 models.

Price Range from Low to High

Geographic Price Range

Your location has a significant impact on the price of auto insurance. Rural locations have a lower frequency of physical damage claims than larger metro areas.

The example below illustrates how geographic area affects auto insurance prices.

The ranges above illustrate why everyone should compare rates using their specific location and risk profile, rather than relying on price averages.

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

Additional Rate Details

The chart below illustrates estimated Volvo S60 insurance rates for additional coverage and risk scenarios.

• The lowest rate with discounts is $749
• Drivers who choose higher $1,000 deductibles will pay $152 each year
• The average rate for the average middle-age driver who chooses $500 deductibles is $1,286
• Choosing pricier low deductibles for comprehensive and collision insurance will cost an extra $296 a year
• High risk drivers with multiple violations and an at-fault accident could pay around $2,790 or more
• The price for full coverage for a teen driver for full coverage can cost $4,956 a year

View Chart as Image

Car insurance prices for a Volvo S60 are also quite variable based on your driving record, the model year and trim level, and physical damage deductibles and liability limits.

A more mature driver with no driving violations and high deductibles could pay as little as $1,200 per year on average for full coverage. Prices are highest for teenage drivers, where even good drivers will be charged in the ballpark of $4,900 a year. View Rates by Age

The state you live in makes a big difference in Volvo S60 insurance rates. A 40-year-old driver could pay as low as $840 a year in states like North Carolina, Wisconsin, and Vermont, or as much as $1,740 on average in Florida, New York, and Michigan.

View Chart as Image

Choosing high deductibles could save up to $450 each year, whereas buying more liability protection will push prices upward. Switching from a 50/100 limit to a 250/500 limit will increase prices by as much as $414 extra every 12 months. View Rates by Deductible or Liability Limit

If you have some driving violations or tend to cause accidents, you are probably paying anywhere from $1,500 to $2,100 extra each year, depending on your age. Volvo S60 insurance for high-risk drivers can cost anywhere from 42% to 130% more than average. View High Risk Driver Rates

Since prices can be so different, the only way to figure out who has the best car insurance prices is to regularly compare prices from as many companies as possible. Every company uses a different rate calculation, so rate quotes may be quite different from one company to the next.

How to Find Low Cost Volvo S60 Insurance

Getting lower rates on Volvo S60 insurance not only requires having a decent driving record, but also having above-average credit, not filing small claims, and avoiding coverage lapses. Invest the time to compare rates every couple of years by getting rate quotes from direct insurance companies like Progressive and GEICO, and also from your local independent and exclusive agents.

The following items are a review of the material that was presented in the illustrations above.

• Drivers who purchase additional liability coverage will pay about $510 annually to go from a low limit to 250/500 limits
• 16 to 18-year-old drivers pay the highest auto insurance prices, as much as $413 a month if full coverage is included
• High-risk drivers who have several accidents or serious violations may pay on average $1,500 more per year than a driver with a clean driving record
• Increasing physical damage deductibles can save around $450 each year

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.