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.

Estimated insurance prices for a Volvo S60 are $1,340 every 12 months including full coverage. Comprehensive insurance costs on average $258, collision costs $464, and liability is estimated at $460. Liability-only insurance costs approximately $510 a year, with high-risk driver insurance costing $2,908 or more. Teens pay the most at $5,128 a year or more.

Average premium for full coverage: $1,340

Premium estimates by type of coverage:

Prices include $500 policy deductibles, 30/60 liability limits, and includes uninsured motorist and medical coverage. Rates include averaging for all 50 U.S. states and for different S60 trim levels.

Insurance Price Range by Risk and Coverage

Insurance Price Range by Location

Living in a larger city can have significant affects on car insurance rates. Rural areas are statistically proven to have more infrequent comprehensive and collision claims than cities with more traffic congestion.

The price range example below illustrates how location helps determine car insurance rates.

These rate differences highlight why anyone shopping for car insurance should get quotes based on a specific location and their own driving history, instead of using averaged prices.

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

Additional Rate Information

The chart below breaks down estimated Volvo S60 insurance rates for different risk profiles and scenarios.

• The cheapest rate after discounts is $774
• Choosing higher $1,000 deductibles can save around $164 every year
• The average price for a 40-year-old good driver with $500 deductibles is $1,340
• Selecting more expensive low deductibles for comp and collision coverage costs an extra $318 every year
• Unlucky drivers with serious driving violations could pay upwards of $2,908 or more
• An auto insurance policy to insure a teen driver with full coverage may cost $5,128 each year

View Chart as Image

Insurance prices for a Volvo S60 also have a wide range based on physical damage deductibles and liability limits, your driving characteristics, and the trim level of your S60.

Choosing higher comprehensive and collision insurance deductibles can save as much as $490 every year, while increasing your policy's liability limits will cost you more. Changing from a 50/100 liability limit to a 250/500 limit will cost up to $414 more each year. View Rates by Deductible or Liability Limit

An older driver with no violations or accidents and higher deductibles may pay as little as $1,300 annually on average, or $108 per month, for full coverage. Prices are much higher for drivers in their teens, since even excellent drivers should be prepared to pay upwards of $5,100 a year. View Rates by Age

If you have a few violations or you were responsible for an accident, you are likely paying at a minimum $1,600 to $2,200 additional annually, depending on your age. High-risk driver insurance ranges as much as 43% to 133% more than the average policy. View High Risk Driver Rates

Where you choose to live plays a big part in determining prices for Volvo S60 insurance prices. A good driver about age 40 could pay as low as $1,030 a year in states like Missouri, New Hampshire, and Vermont, or have to pay at least $1,910 on average in Michigan, New York, and Louisiana.

View Chart as Image

With such a large range in prices, the best way to figure out exactly what you will pay is to compare prices and see which company has the best price. Each auto insurer calculates prices differently, and prices will be substantially different.

How to Shop for the Right Volvo S60 Insurance

Finding better rates on car insurance takes avoiding accidents and claims, having above-average credit, refrain from filing small claims, and insuring your home and auto with the same company. Invest time comparing rates at every policy renewal by requesting rates from direct car insurance companies, and also from your local independent and exclusive agents.

The points below are a quick rundown of the data covered in the charts and tables above.

• Policyholders who require increased liability limits will pay approximately $510 per year to raise limits from 30/60 bodily injury limits to a 250/500 level
• You may be able to save as much as $160 per year simply by shopping early and online
• Increasing policy deductibles could save as much as $475 each year
• Drivers under the age of 20 pay higher prices, with the cost nearing $427 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.