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.

U.S. average insurance rates for a Volvo S60 are $1,400 a year for full coverage insurance. Comprehensive insurance costs around $270 a year, collision costs $516, and liability is $456. Buying just liability costs around $508 a year, with insurance for high-risk drivers costing $3,048 or more. Teens pay the highest rates at $5,330 a year or more.

Average premium for full coverage: $1,400

Price estimates for individual coverage:

Includes $500 comprehensive and collision deductibles, 30/60 liability coverage, and includes uninsured motorist and medical coverage. Estimates are averaged for all 50 states and S60 trim levels.

Price Range from Low to High

Geographic Price Range

Choosing to live in a large city can make a big difference on car insurance rates. Areas with sparse population have lower incidents of physical damage claims than cities with more traffic congestion.

The diagram below illustrates how location helps determine auto insurance rates.

The ranges above illustrate why it is important to compare rates quotes for a specific zip code, 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 illustrates estimated Volvo S60 insurance rates for additional coverage choices and driver risks.

• The cheapest rate after discounts is $803
• Raising to $1,000 deductibles will save about $1,224 each year
• The estimated price for the average middle-age driver using $500 deductibles is $1,400
• Selecting low $100 deductibles will cost an additional $350 annually
• Drivers with serious driving violations could pay at least $3,048 or more
• The price that insures a 16-year-old driver can be $5,330

View Chart as Image

Insurance prices for a Volvo S60 are also quite variable based on the trim level of your S60, your age and driving record, and deductibles and policy limits.

If you have some driving violations or you caused an accident, you are probably paying at least $1,700 to $2,300 additional each year, depending on your age. A high-risk auto insurance policy is expensive and can cost from 43% to 135% more than the average policy. View High Risk Driver Rates

Older drivers with no violations or accidents and higher comprehensive and collision deductibles may pay as low as $1,300 every 12 months on average for full coverage. Prices are much higher for teenage drivers, since even teens with perfect driving records should be prepared to pay as much as $5,300 a year. View Rates by Age

The state you live in also has a big influence on Volvo S60 insurance prices. A middle-age driver might find prices as low as $920 a year in states like Vermont, Wisconsin, and North Carolina, or have to pay at least $1,890 on average in Michigan, New York, and Florida.

View Chart as Image

Choosing higher comprehensive and collision insurance deductibles can reduce prices by up to $530 annually, while buying higher liability limits will increase prices. Switching from a 50/100 bodily injury protection limit to a 250/500 limit will increase prices by as much as $411 more each year. View Rates by Deductible or Liability Limit

Since prices can be so different, the only way to figure out your exact price is to get quotes from multiple companies. Every auto insurance company calculates prices differently, and prices may be quite different.

How to Find the Cheapest Volvo S60 Insurance

Getting lower rates on insurance for a Volvo S60 consists of avoiding accidents and violations, having a good credit score, not filing small claims, and taking advantage of discounts. Compare rates every year by quoting rates from direct insurance companies, and also from insurance agencies where you live.

The list below is a recap of the coverage data covered in the charts and tables above.

• It is possible to save up to $170 per year simply by quoting early and online
• Increasing physical damage deductibles can save approximately $525 each year
• Teenagers are charged the highest prices, as much as $444 a month if comprehensive and collision insurance is included
• Drivers considered higher risk that have major violations or accidents could be forced to pay on average $1,650 more every year for car 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.