Volvo S80 Insurance Rates

The average insurance prices for a Volvo S80 are $976 every 12 months including full coverage. Comprehensive costs approximately $160 a year, collision costs $216, and liability insurance is estimated at $442. Buying just liability costs approximately $496 a year, with insurance for high-risk drivers costing around $2,096. 16-year-old drivers cost the most to insure at $3,926 a year or more.

Average premium for full coverage: $976

Policy rates by type of insurance:

Rates are based on $500 physical damage insurance deductibles, minimum liability limits, and includes medical and uninsured motorist coverage. Prices are averaged for all 50 U.S. states and S80 trim levels.

Price Range Variability

Urban vs. Rural Price Range

Living in a larger city has a significant impact on car insurance prices. Rural locations are shown to have more infrequent comprehensive and collision claims than congested cities.

The diagram below illustrates the effect of geographic area on auto insurance prices.

The examples above highlight why it is important to get quotes using their specific location and their own driving history, rather than relying on rate averages.

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

Detailed Rate Analysis

The chart below breaks down estimated Volvo S80 insurance rates for additional coverage and risk scenarios.

• The best full coverage rate is $595
• Choosing higher $1,000 deductibles can save $890 every year
• The average price for a good driver age 40 who chooses $500 deductibles is $976
• Buying low $100 deductibles for comp and collision coverage increases the price to $1,138
• High-risk insureds with multiple tickets or accidents could pay around $2,096 or more
• Policy cost to insure a teen driver can cost $3,926 each year

View Chart as Image

Insurance rates for a Volvo S80 also range considerably based on liability limits and deductibles, your driving characteristics, and the model of your S80.

Opting for high physical damage deductibles can save as much as $250 each year, while buying higher liability limits will push rates upward. Changing from a 50/100 liability limit to a 250/500 limit will raise rates by up to $398 more per year. View Rates by Deductible or Liability Limit

Older drivers with a clean driving record and higher deductibles could pay as little as $900 annually on average, or $75 per month, for full coverage. Rates are highest for teenagers, since even excellent drivers can expect to pay in the ballpark of $3,900 a year. View Rates by Age

If you have a few points on your driving record or you were responsible for an accident, you are likely paying anywhere from $1,200 to $1,600 extra every year, depending on your age. A high-risk auto insurance policy ranges anywhere from 41% to 137% more than the average rate. View High Risk Driver Rates

Your home state plays a big part in determining prices for Volvo S80 insurance rates. A good driver about age 40 could pay as low as $750 a year in states like Vermont, New Hampshire, and Missouri, or at least $1,390 on average in Louisiana, New York, and Michigan.

View Chart as Image

Because rates have so much variability, the best way to figure out who has the best auto insurance rates is to get quotes from as many companies as possible. Each auto insurer utilizes a different rate formula, so the rates will be varied.

Insurance Rates by Trim Level and Model Year

Rates assume 2002 model year, a 40-year-old male driver with no accidents or violations, $500 comprehensive and collision deductibles, minimum liability limits, and uninsured/under-insured motorist coverage included. Rates are for comparison only and are averaged for all 50 U.S. states.

How to Shop for the Best Cheap Volvo S80 Insurance

Finding cheaper rates on Volvo S80 insurance takes being a low-risk driver, having good credit, paying for small claims out-of-pocket, and maximizing policy discounts. Take the time to compare rates every couple of years by requesting rates from direct car insurance companies, and also from your local car insurance providers.

The items below are a quick review of the material that was covered in the above illustrations.

• Drivers who purchase more liability coverage will pay around $490 per year to raise limits from a 30/60 limit to a 250/500 level
• Teen drivers are expensive to insure, with premiums being up to $327 each month if they have full coverage
• High-risk drivers with a DUI or reckless driving violation could be charged and average of $1,120 more per year to insure their S80
• Increasing comprehensive and collision deductibles could save as much as $250 each year