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 auto insurance rates for a Volvo S60 are $996 annually with full coverage. Comprehensive costs around $168, collision costs $218, and liability insurance is estimated at $452. Liability-only coverage costs approximately $504 a year, with high-risk coverage costing around $2,140. 16-year-old drivers pay the most at $3,992 a year or more.

Average premium for full coverage: $996

Premium estimates for type of coverage:

These estimates include $500 comprehensive and collision deductibles, liability coverage up to 30/60, and includes both medical and UM/UIM coverage. Rates include averaging for all 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 has a significant impact on insurance rates. Areas with sparse population are statistically proven to have fewer collision claims than congested cities.

The price range example below illustrates the difference between rural and urban areas on auto insurance rates.

These rate differences demonstrate why anyone shopping for car insurance should get quotes for a specific zip code and their own personal driving habits, rather than relying on rate averages.

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

Rate Comparisons

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

• The best full coverage rate is $607
• Choosing higher $1,000 deductibles can save about $88 annually
• The estimated rate for a 40-year-old good driver using $500 deductibles is $996
• Buying more expensive low deductibles for comp and collision coverage will cost $1,166
• High-risk insureds with multiple tickets or accidents could pay at least $2,140 or more
• An auto insurance policy with full coverage for a teen driver with full coverage can be $3,992 each year

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Insurance prices for a Volvo S60 also have a wide range based on the model of your S60, your driving record, and deductibles and policy limits.

An older driver with a clean driving record and high physical damage deductibles could pay as little as $900 annually on average, or $75 per month, for full coverage. Prices are highest for drivers in their teens, where even without any violations or accidents they can expect to pay as much as $3,900 a year. View Rates by Age

If you have a few violations or you caused a few accidents, you may be forking out at least $1,200 to $1,700 extra annually, depending on your age. High-risk driver insurance ranges anywhere from 43% to 134% more than the average rate. View High Risk Driver Rates

Opting for high physical damage deductibles can save as much as $260 each year, while increasing your policy's liability limits will increase prices. Moving from a 50/100 bodily injury limit to a 250/500 limit will cost up to $407 more per year. View Rates by Deductible or Liability Limit

Where you choose to live plays a big part in determining prices for Volvo S60 insurance rates. A good driver about age 40 could pay as low as $720 a year in states like New Hampshire, Ohio, and Utah, or at least $1,350 on average in Florida, Michigan, and New York.

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With such a large range in prices, the best way to find out your exact price is to compare prices from as many companies as possible. Each auto insurer utilizes a different rate formula, so the prices will be substantially different between companies.

How to Buy Cheap Volvo S60 Insurance

Finding better rates on Volvo S60 insurance takes avoiding accidents and violations, having a good credit history, being claim-free, and insuring your home and auto with the same company. Set aside time to compare rates every time your policy renews by requesting rates from direct companies, and also from local exclusive and independent agents.

The list below is a brief summary of the information covered above.

• You may be able to save up to $110 per year simply by shopping early and online
• Teenagers pay higher prices, possibly costing $333 per month including comprehensive and collision insurance
• Increasing policy deductibles could save up to $250 each year
• High-risk drivers that tend to have accidents or serious violations may pay on average $1,140 more every year for car insurance
• Drivers who may need higher liability limits will pay around $500 every year to raise limits from 30/60 bodily injury limits to higher 250/500 limits

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.