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 for full coverage. Comprehensive insurance costs on average $242 a year, collision costs $426, and liability coverage is $460. Buying just liability costs around $510 a year, with insurance for high-risk drivers costing $2,790 or more. Teen drivers receive the highest rates at $4,956 a year or more.

Average premium for full coverage: $1,286

Rate estimates by individual coverage type:

Rates are based on $500 policy deductibles, bodily injury liability limits of 30/60, and includes medical/PIP and uninsured motorist coverage. Rates are averaged for all 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. Rural areas tend to have more infrequent accident claims than larger metro areas.

The diagram below illustrates how location impacts car insurance rates.

These examples show why it is important to compare rates quotes based on a specific location and their own driving history, rather than using price averages.

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

Additional Charts and Tables

The chart below shows estimated Volvo S60 insurance rates for different risk profiles and scenarios.

• The lowest rate with discounts is $749
• Raising to $1,000 deductibles will save around $1,134 a year
• The average price for a 40-year-old driver with $500 deductibles is $1,286
• Choosing low $100 deductibles costs an extra $296 each year
• Unlucky drivers with multiple violations and an at-fault accident could pay upwards of $2,790 or more
• The cost to insure a teenage driver may cost $4,956

View Chart as Image

Auto insurance rates for a Volvo S60 can also vary considerably based on policy deductibles and limits, your driver profile, and the trim level of your S60.

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

Older drivers with a good driving record and higher deductibles may only pay around $1,200 every 12 months on average for full coverage. Rates are highest for teen drivers, since even excellent drivers will have to pay upwards of $4,900 a year. View Rates by Age

If you like to drive fast or you were responsible for an accident, you could be paying at a minimum $1,500 to $2,100 in extra premium 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

Where you live also has a big influence on Volvo S60 insurance rates. A middle-age driver might find rates as low as $850 a year in states like Idaho, Maine, and Iowa, or as much as $1,840 on average in Michigan, Louisiana, and New York.

View Chart as Image

With so much variability in rates, the only way to know exactly what you will pay is to get quotes and see how they stack up. Every auto insurance company uses a different rate calculation, and quoted rates can be significantly different.

How to Shop for the Best Cheap Volvo S60 Insurance

Saving money on auto insurance consists of being safe and accident-free, having a good credit score, eliminating unneeded coverage, and taking advantage of discounts. Spend time shopping around every other policy renewal by quoting rates from direct carriers like GEICO, Progressive, and Esurance, and also from local independent and exclusive agents.

Below you'll find a quick review of the ideas that were touched on above.

• Youthful drivers are charged the highest rates, costing as high as $413 per month if comprehensive and collision insurance is included
• Drivers with a DUI or reckless driving violation pay an average of $1,500 more each year than a low-risk driver
• Increasing deductibles could save as much as $450 each year
• Drivers can save as much as $150 per year simply by quoting early and online

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.