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 prices for a Volvo S60 are $1,340 every 12 months including full coverage. Comprehensive insurance costs around $258, collision insurance costs $464, and liability costs $460. Liability-only coverage costs as little as $510 a year, and high-risk coverage costs $2,908 or more. Teens pay the highest rates at up to $5,128 a year.

Average premium for full coverage: $1,340

Price estimates for individual coverage:

Includes $500 physical damage deductibles, liability coverage up to 30/60, and includes both medical and UM/UIM coverage. Estimates are averaged for all 50 U.S. states and for all S60 models.

Price Range from Low to High

Geographic Price Range

Your location can make a big difference on the price of insurance. Areas with sparse population have more infrequent comprehensive and collision claims than cities with more traffic congestion. The example below illustrates how rural and urban location affects auto insurance rates.

The ranges above highlight why everyone should compare rates for a specific zip code and their own driving history, instead of making a decision based on averaged prices.

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

Rate Comparisons

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

• The cheapest rate after discounts is $774
• Drivers who choose higher $1,000 deductibles will pay about $164 every year
• The average price for the average middle-age driver using $500 deductibles is $1,340
• Selecting pricier low deductibles for comprehensive and collision insurance costs an extra $318 annually
• Drivers with serious driving violations could pay at least $2,908
• The price to insure a 16-year-old driver for full coverage can be $5,128 a year

View Chart as Image

Auto insurance prices for a Volvo S60 are also quite variable based on deductibles and policy limits, your driving characteristics, and the trim level and model year.

Choosing higher comprehensive and collision insurance deductibles could save up to $490 annually, whereas buying more liability protection will increase prices. Changing from a 50/100 liability limit to a 250/500 limit will increase prices by as much as $414 extra every year. View Rates by Deductible or Liability Limit

A more mature driver with a good driving record and higher deductibles may pay as low as $1,300 per year on average for full coverage. Prices are much higher for teenage drivers, since even excellent drivers will have to pay as much as $5,100 a year. View Rates by Age

If you have some driving violations or you were responsible for an accident, you are likely paying at least $1,600 to $2,200 in extra premium each year, depending on your age. Volvo S60 insurance for high-risk drivers can cost from 43% to 133% more than the average policy. View High Risk Driver Rates

The state you live in makes a big difference in Volvo S60 insurance prices. A 40-year-old driver 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

How to Shop for the Cheapest Volvo S60 Insurance

Getting lower rates on insurance for a Volvo S60 not only requires being a safe and courteous driver, but also having a good credit score, being claim-free, and possibly raising deductibles. Set aside time to shop around every time your policy renews by requesting quotes from direct car insurance companies like Progressive, GEICO, and Esurance, and also from insurance agencies where you live.

Below is a recap of the information raised in the charts and tables above.

• You may be able to save up to $160 per year just by quoting online well ahead of the renewal date
• Teenage drivers are expensive to insure, possibly costing $427 a month if comprehensive and collision insurance is included
• Increasing physical damage deductibles could save as much as $475 each year
• Drivers considered higher risk that have major violations or accidents could be forced to pay on average $1,570 more every year for auto insurance
• Insureds who may need higher levels of liability will pay approximately $510 per year to go from a low limit to a 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.