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 prices for a Volvo S60 are $1,286 every 12 months for full coverage. Comprehensive insurance costs an estimated $242 a year, collision insurance costs $426, and liability is $460. A policy with just liability insurance costs around $510 a year, and coverage for high-risk drivers costs $2,790 or more. 16-year-old drivers pay the highest rates at up to $4,956 a year.

Average premium for full coverage: $1,286

Price estimates broken down by individual coverage:

These estimates include $500 deductibles, minimum liability limits, and includes uninsured motorist and medical coverage. Estimates are averaged for all 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 insurance rates. More rural locations have more infrequent accident claims than congested cities. The diagram below illustrates how geographic area affects insurance prices.

The ranges above show why it is important to compare rates quotes for a targeted area and their own driving history, instead of making a decision based on rate averages.

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

Additional Rate Information

The chart below shows average Volvo S60 insurance rates for other coverage scenarios.

• The best full coverage rate is $749
• Raising to $1,000 deductibles will save approximately $1,134 a year
• The average price for the average middle-age driver who has $500 deductibles is $1,286
• Buying low $100 deductibles costs an extra $296 annually
• Drivers with multiple tickets or accidents could pay up to $2,790
• The price to insure a 16-year-old driver can cost as much as $4,956

View Chart as Image

Insurance prices for a Volvo S60 are also quite variable based on deductibles and policy limits, your driver profile, and the model year and trim level.

Opting for high physical damage deductibles can reduce prices by up to $450 annually, while buying higher liability limits will increase premiums. Going from a 50/100 liability limit to a 250/500 limit will increase prices by as much as $414 more per year. View Rates by Deductible or Liability Limit

Older drivers with a clean driving record and higher deductibles may pay as low as $1,200 every 12 months on average for full coverage. Prices are highest for teenage drivers, since even excellent drivers can expect to pay at least $4,900 a year. View Rates by Age

If you have some driving violations or you were responsible for an accident, you could be paying $1,500 to $2,100 extra each year, depending on your age. A high-risk auto insurance policy is expensive and can cost from 42% to 130% more than the average rate. View High Risk Driver Rates

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 $850 a year in states like Iowa, Maine, and Idaho, or at least $1,840 on average in New York, Louisiana, and Michigan.

View Chart as Image

How to Shop for Cheap Volvo S60 Insurance

Getting lower rates on insurance for a Volvo S60 consists of not taking risks behind the wheel, having good credit, eliminating unnecessary coverage, and deciding if full coverage is necessary. Invest the time to compare rates every couple of years by quoting rates from direct carriers like Progressive, GEICO, and Esurance, and also from several local insurance agents.

The following is a brief summary of the material that was presented in the illustrations above.

• Insureds who want higher liability limits will pay around $510 each year to raise from a low limit to a 250/500 level
• Teens are charged the highest prices, with premiums as much as $413 a month if they have full coverage
• Drivers considered higher risk that tend to have accidents or serious violations pay on average $1,500 more annually for S60 insurance
• Increasing physical damage deductibles could save as much as $450 each year

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.