Volvo V60 Insurance Rates

The average insurance rates for a Volvo V60 are $1,194 a year including full coverage. Comprehensive costs around $242 a year, collision costs $426, and liability coverage costs $390. Liability-only insurance costs as little as $438 a year, with high-risk driver insurance costing around $2,588. 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:

These estimates include $500 policy deductibles, minimum liability limits, and includes additional medical/uninsured motorist coverage. Prices are averaged for all 50 U.S. states and V60 trim levels.

Price Range Variability

Urban vs. Rural Price Range

Your location has a large influence on the price of insurance. Areas with sparse population are shown to have lower incidents of comprehensive and collision claims than densely populated cities.

The diagram below illustrates how location helps determine auto insurance rates.

The examples above highlight why it is important to compare rates for a specific zip code, rather than using average rates.

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

Additional 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
• Drivers who choose higher $1,000 deductibles will pay about $1,042 every year
• The estimated price for a good driver age 40 using $500 deductibles is $1,194
• Using low $100 deductibles for comprehensive and collision insurance bumps up the cost to $1,490
• High-risk insureds who are prone to accidents and violations could pay at least $2,588 or more
• Policy cost that insures a teenage driver can be $4,516 a year

View Chart as Image

Auto insurance rates for a Volvo V60 also range considerably based on the trim level of your V60, your driving record and age, and deductibles and policy limits.

If you have a few points on your driving record or you caused an accident, you are likely paying at least $1,400 to $2,000 in extra premium every year, depending on your age. A high-risk auto insurance policy can cost around 44% to 131% more than a normal policy. View High Risk Driver Rates

Older drivers with a good driving record and higher comprehensive and collision deductibles may only pay around $1,100 per year on average, or $92 per month, for full coverage. Rates are much higher for teenagers, since even teens with perfect driving records will have to pay as much as $4,500 a year. View Rates by Age

Your home state makes a big difference in Volvo V60 insurance rates. A 40-year-old driver 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

Using high physical damage deductibles could save up to $450 a year, while buying higher liability limits will increase rates. Changing from a 50/100 bodily injury protection limit to a 250/500 limit will raise rates by up to $351 extra every year. View Rates by Deductible or Liability Limit

Because rates have so much variability, the best way to figure out your exact price is to get quotes and see how they stack up. Every company uses a different method to calculate rates, and quoted rates will be varied.

How to Find Cheap Volvo V60 Insurance

Finding cheaper rates on auto insurance not only requires being a good driver, but also maintaining a good credit score, paying for small claims out-of-pocket, and maximizing policy discounts. Compare prices every couple of years by requesting rates from direct car insurance companies, and also from local insurance agencies.

The following list is a brief summary of the material that was covered in the charts and tables above.

• Consumers who may need an increased level of liability coverage will pay an extra $430 per year to go from a 30/60 limit to the 250/500 level
• Drivers age 16 to 20 are expensive to insure, with premiums being up to $376 each month if the policy includes full coverage
• Drivers that tend to have accidents or serious violations may have to pay on average $1,390 more every year than a safer driver
• Increasing comprehensive and collision deductibles can save approximately $450 each year