Volvo V60 Insurance Rates

The average auto insurance rates for a Volvo V60 are $1,194 annually including full coverage. Comprehensive insurance costs around $242, collision costs $426, and liability is estimated at $390. Liability-only coverage costs approximately $438 a year, with high-risk coverage costing $2,588 or more. Teenage drivers cost the most to insure at $4,516 a year or more.

Average premium for full coverage: $1,194

Policy rates for type of insurance:

Includes $500 policy deductibles, liability coverage up to 30/60, and includes medical and uninsured motorist coverage. Prices are averaged for all 50 U.S. states and for different V60 trim levels.

Price Range Variability

Urban vs. Rural Price Range

Living in a larger city can make a big difference on the price of insurance. Areas with sparse population are shown to have fewer comprehensive and collision claims than densely populated cities.

The price range example below illustrates the effect of geographic area on auto insurance rates.

The examples above highlight why anyone shopping for car insurance should get quotes for a specific zip code and their own personal driving habits, instead of making a decision based on average rates.

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

Detailed Rate Analysis

The chart below breaks down estimated Volvo V60 insurance rates for additional coverage choices and driver risks.

• The best discount rate is $691
• Choosing higher $1,000 deductibles can save about $152 every year
• The estimated rate for a good driver age 40 using $500 deductibles is $1,194
• Using more expensive low deductibles for comp and collision coverage costs an additional $296 annually
• Higher-risk drivers who are prone to accidents and violations could pay at least $2,588 or more
• Policy cost with full coverage for a 16-year-old driver with full coverage can be $4,516 each year

View Chart as Image

Insurance rates for a Volvo V60 also range considerably based on the model year and trim level, your driving characteristics, and deductibles and policy limits.

An older driver with no violations or accidents and high physical damage deductibles may pay as low as $1,100 annually on average, or $92 per month, for full coverage. Rates are much higher for teenagers, where even without any violations or accidents they should be prepared to pay as much as $4,500 a year. View Rates by Age

If you have a few points on your driving record or you caused a few accidents, you are likely paying at least $1,400 to $2,000 additional every year, depending on your age. High-risk driver insurance ranges from 44% to 131% more than a normal policy. View High Risk Driver Rates

Using high physical damage deductibles can save as much as $450 annually, while increasing your policy's liability limits will increase rates. Changing from a 50/100 bodily injury limit to a 250/500 limit will raise rates by up to $351 more each year. View Rates by Deductible or Liability Limit

Your home state plays a big part in determining prices for Volvo V60 insurance prices. A good driver about age 40 could pay as low as $920 a year in states like Missouri, New Hampshire, and Vermont, or be forced to pay as much as $1,700 on average in Michigan, New York, and Louisiana.

View Chart as Image

Because rates have so much variability, the best way to figure out your exact price is to compare rates from multiple companies. Each auto insurer uses a different method to calculate rates, and rates will be varied between companies.

How to Buy the Cheapest Volvo V60 Insurance

Finding cheaper rates on insurance for a Volvo V60 takes being safe and accident-free, having good credit, paying for small claims out-of-pocket, and taking advantage of discounts. Take the time to compare rates every time your policy renews by getting quotes from direct car insurance companies like Progressive, GEICO, and Esurance, and also from your local independent and exclusive agents.

Below you'll find a recap of the information covered in the above illustrations.

• You may be able to save up to $140 per year simply by shopping early and online
• Youthful drivers are charged the highest rates, with premiums being up to $376 each month if they have full coverage
• Increasing comprehensive and collision deductibles could save up to $450 each year
• Drivers considered higher risk that have major violations or accidents may pay on average $1,390 more every year than a low-risk driver
• Insureds who may need more liability protection will pay an extra $430 per year to raise limits from a 30/60 limit to higher 250/500 limits