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 prices for a Volvo S60 are $1,286 every 12 months including full coverage. Comprehensive insurance costs around $242, collision insurance costs $426, and liability is estimated at $460. A liability-only policy costs approximately $510 a year, and high-risk insurance costs $2,790 or more. Teens receive the highest rates at up to $4,956 a year.

Average premium for full coverage: $1,286

Rate estimates for individual coverage type:

Estimates include $500 deductible amounts, 30/60 liability limits, and includes uninsured motorist and medical coverage. Rates are averaged for all 50 U.S. states and for all S60 models.

Price Range by Coverage and Risk

Price Range by Location

Living in a larger city can make a big difference on the price of insurance. Areas with sparse population tend to have more infrequent comprehensive and collision claims than cities with more traffic congestion. The example below illustrates how where you live affects auto insurance rates.

These examples highlight why everyone should get quotes 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.

Additional Rate Information

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

• The cheapest rate after discounts is $749
• Choosing higher $1,000 deductibles can save about $152 every year
• The average price for a 40-year-old driver using $500 deductibles is $1,286
• Selecting pricier low deductibles for comp and collision coverage costs an extra $296 annually
• Higher-risk drivers with serious driving violations could pay at least $2,790
• The cost to insure a 16-year-old driver for full coverage can be $4,956 each year

View Chart as Image

Insurance rates for a Volvo S60 can also vary considerably based on policy deductibles and limits, your driving characteristics, and the trim level and model year.

Choosing higher comprehensive and collision insurance deductibles can save as much as $450 annually, whereas buying more liability protection will increase rates. Changing from a 50/100 liability limit to a 250/500 limit will cost as much as $414 more per year. View Rates by Deductible or Liability Limit

A more mature driver with a clean driving record and higher deductibles may pay as low as $1,200 annually on average for full coverage. Rates are much higher for teen drivers, since even excellent drivers can expect to pay as much as $4,900 a year. View Rates by Age

If you like to drive fast or you were responsible for an accident, you are likely paying at least $1,500 to $2,100 extra per year, depending on your age. Volvo S60 insurance for high-risk drivers ranges from 42% to 130% more than the average policy. View High Risk Driver Rates

Where you live plays a big part in determining prices for Volvo S60 insurance prices. A good driver about age 40 could pay as low as $990 a year in states like Missouri, New Hampshire, and Vermont, or have to pay at least $1,840 on average in Michigan, New York, and Louisiana.

View Chart as Image

How to Shop for Low Cost Volvo S60 Insurance

Saving money on insurance for a Volvo S60 takes having a good driving record, having good credit, not filing small claims, and dropping full coverage on older vehicles. Take the time to comparison shop at every policy renewal by getting quotes from direct car insurance companies like GEICO, Progressive, and Esurance, and also from insurance agencies where you live.

The next list is a review of the data touched on in the above illustrations.

• Insureds who may need increased levels of liability coverage will pay approximately $510 per year to raise limits from a minimum limit to a 250/500 level
• You may be able to save up to $150 per year just by quoting online well ahead of the renewal date
• Increasing deductibles could save as much as $450 each year
• Drivers age 20 and younger pay higher rates, as much as $413 per month if they have full coverage

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.