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.

Average insurance rates for a Volvo S60 are $1,286 a year with full coverage. Comprehensive insurance costs an estimated $242 a year, collision insurance costs $426, and liability coverage is $460. Liability-only coverage costs around $510 a year, and high-risk coverage costs $2,790 or more. Teen drivers receive the highest rates at up to $4,956 a year.

Average premium for full coverage: $1,286

Rate estimates broken down by individual coverage type:

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

Price Range by Coverage and Risk

Price Range by Location

Choosing to live in a large city has a large influence on car insurance rates. More rural locations tend to have a lower frequency of collision claims than larger metro areas. The diagram below illustrates the difference between rural and urban areas on insurance prices.

These examples demonstrate why it is important to compare rates quotes for a targeted area and risk profile, rather than using 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 other coverage scenarios.

• The lowest rate with discounts is $749
• Raising to $1,000 deductibles will save approximately $1,134 annually
• The average rate for a 40-year-old driver who has $500 deductibles is $1,286
• Choosing low $100 deductibles will cost an extra $296 each year
• Unlucky drivers with multiple violations and an at-fault accident could pay up to $2,790
• The cost for full coverage for a teenage driver can cost as much as $4,956

View Chart as Image

Car insurance rates for a Volvo S60 can also vary considerably based on your driver profile, the trim level and model year, and liability limits and deductibles.

Older drivers with no driving violations and high deductibles may only pay around $1,200 every 12 months on average for full coverage. Rates are highest for teen drivers, where even good drivers will be charged at least $4,900 a year. View Rates by Age

Where you live also has a big influence on Volvo S60 insurance rates. A middle-age driver might find rates as low as $930 a year in states like Utah, Ohio, and New Hampshire, or as much as $1,740 on average in New York, Michigan, and Florida.

View Chart as Image

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

If you like to drive fast or tend to cause accidents, you may be forking out $1,500 to $2,100 extra per year, depending on your age. A high-risk auto insurance policy is expensive and can cost around 42% to 130% more than average. View High Risk Driver Rates

How to Find the Best Cheap Volvo S60 Insurance

Saving money on auto insurance consists of avoiding accidents and claims, having above-average credit, eliminating unnecessary coverage, and possibly higher deductibles. Set aside time to compare rates once a year by obtaining price quotes from direct companies like GEICO and Progressive, and also from local exclusive and independent agents.

The points below are a quick review of the data that was covered above.

• You may be able to save approximately $150 per year just by quoting early and online
• Consumers who want increased liability limits will pay about $510 every year to raise from a minimum limit to 250/500 limits
• Drivers under the age of 20 have the highest car insurance rates, with premiums as much as $413 per month if full coverage is included
• Drivers with a DUI or reckless driving violation may pay on average $1,500 more annually to insure a Volvo S60

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.