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 auto insurance rates for a Volvo S60 are $1,340 annually for full coverage. Comprehensive insurance costs approximately $258, collision insurance costs $464, and liability is $460. Liability-only coverage costs around $510 a year, and high-risk coverage costs $2,908 or more. Teenage drivers pay the most at up to $5,128 a year.

Average premium for full coverage: $1,340

Premium estimates by type of coverage:

Rates are based on $500 deductibles, 30/60 liability limits, and includes UM/UIM and medical coverage. Rates include averaging for all states and for all S60 models.

Insurance Price Range by Risk and Coverage

Insurance Price Range by Location

Choosing to live in a large city can have significant affects on car insurance rates. Rural locations are statistically proven to have fewer accident claims than densely populated cities. The example below illustrates how geographic area affects auto insurance prices.

These rate differences show why everyone should compare rates quotes using their specific location and their own personal driving habits, instead of using average rates.

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

Rates by State, City, and Model

The chart below shows average Volvo S60 insurance rates for additional coverage and risk scenarios.

• The best discount rate is $774
• Raising to $1,000 deductibles will save $164 a year
• The estimated rate for a 40-year-old good driver who chooses $500 deductibles is $1,340
• Using pricier low deductibles costs an additional $318 every year
• At-risk drivers who are prone to accidents and violations could pay around $2,908
• An auto insurance policy with full coverage for a teen driver for full coverage can cost $5,128

View Chart as Image

Insurance prices for a Volvo S60 also have a wide range based on the model of your S60, your driver profile, and physical damage deductibles and liability limits.

A more mature driver with a clean driving record and high physical damage deductibles may pay as little as $1,300 every 12 months on average, or $108 per month, for full coverage. Prices are much higher for drivers in their teens, where even without any violations or accidents they can expect to pay in the ballpark of $5,100 a year. View Rates by Age

If you have a few violations or you caused a few accidents, you could be paying anywhere from $1,600 to $2,200 extra annually, depending on your age. Volvo S60 insurance for high-risk drivers is expensive and can cost as much as 43% to 133% more than a normal policy. View High Risk Driver Rates

Using high physical damage deductibles can reduce prices by up to $490 every year, whereas buying more liability protection will push prices upward. Going from a 50/100 bodily injury limit to a 250/500 limit will cost up to $414 more per year. View Rates by Deductible or Liability Limit

Where you choose to live also has a big influence on Volvo S60 insurance prices. A middle-age driver might find prices as low as $880 a year in states like Iowa, Maine, and Idaho, or be forced to pay as much as $1,910 on average in New York, Louisiana, and Michigan.

View Chart as Image

How to Buy the Best Cheap Volvo S60 Insurance

Finding better rates on car insurance consists of not taking risks behind the wheel, having a good credit history, not filing small claims, and possibly raising deductibles. Invest the time to compare rates at every policy renewal by requesting quotes from direct carriers, and also from several local insurance agents.

The following is a quick review of the data presented in the illustrations above.

• Policyholders who purchase higher liability limits will pay an extra $510 each year to raise from 30/60 bodily injury limits to higher 250/500 limits
• Drivers can save around $160 per year just by quoting online well ahead of the renewal date
• Increasing policy deductibles could save up to $475 each year
• Teens are expensive to insure, as much as $427 per month including comprehensive and collision insurance

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.