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.

Estimated insurance rates for a Volvo S60 are $1,286 a year with full coverage. Comprehensive insurance costs on average $242 a year, collision costs $426, and liability costs around $460. A liability-only policy costs as low as $510 a year, with high-risk insurance costing $2,790 or more. Teen drivers pay the most at $4,956 a year or more.

Average premium for full coverage: $1,286

Premium estimates by type of coverage:

Rates are based on $500 policy deductibles, 30/60 liability limits, and includes both medical and uninsured motorist insurance. Rates include averaging for all U.S. states and S60 trim levels.

Insurance Price Range by Risk and Coverage

Insurance Price Range by Location

Where you live can have significant affects on auto insurance rates. Rural areas are statistically proven to have a lower frequency of collision claims than larger metro areas.

The diagram below illustrates how geographic area affects car insurance rates.

These rate differences demonstrate why it is important to compare prices based on a specific location and risk profile, instead of using price averages.

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

Additional Rate Details

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

• The lowest rate with discounts is $749
• Using higher $1,000 deductibles will save around $1,134 annually
• The average rate for a 40-year-old good driver with $500 deductibles is $1,286
• Choosing low $100 deductibles for physical damage coverage will cost an extra $296 every year
• Drivers with multiple violations and an at-fault accident could pay upwards of $2,790 or more
• An auto insurance policy for full coverage for a teen driver may cost $4,956 or more

View Chart as Image

Auto insurance prices for a Volvo S60 also have a wide range based on your driving characteristics, the trim level and model year, and policy deductibles and limits.

Older drivers with a good driving record and high deductibles may pay as little as $1,200 a year, or $100 per month, for full coverage. Prices are highest for drivers in their teens, where even good drivers will have to pay upwards of $4,900 a year. View Rates by Age

Where you choose to live has a huge impact on Volvo S60 insurance prices. A driver around age 40 might see prices as low as $930 a year in states like New Hampshire, Ohio, and Utah, or as much as $1,740 on average in Florida, Michigan, and New York.

View Chart as Image

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

If you have a few violations or tend to cause accidents, you may be forking out at a minimum $1,500 to $2,100 in extra premium annually, depending on your age. A high-risk auto insurance policy can be as much as 42% to 130% more than average. View High Risk Driver Rates

With such a large range in prices, the best way to find out exactly what you will pay is to get quotes and see which company has the best price. Each insurance company uses a different rate calculation, and quoted prices will be substantially different from one company to the next.

How to Find the Best Cheap Volvo S60 Insurance

Finding better rates on car insurance requires avoiding accidents and claims, having good credit, being claim-free, and taking advantage of discounts. Invest the time to compare rates at every policy renewal by quoting rates from direct companies like Progressive, GEICO, and Esurance, and also from local insurance agents.

The points below are a quick review of the data presented in the illustrations above.

• Policyholders who require increased liability limits will pay about $510 every year to increase from 30/60 bodily injury limits to 250/500 limits
• You may be able to save as much as $150 per year simply by quoting early and online
• Increasing policy deductibles can save around $450 each year
• Drivers under the age of 20 are charged the highest prices, possibly costing $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.