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 auto insurance rates for a Volvo S60 are $1,340 annually including full coverage. Comprehensive costs around $258 each year, collision insurance costs $464, and liability insurance costs $460. Liability-only insurance costs as little as $510 a year, and high-risk driver insurance costs around $2,908. Teen drivers pay the highest rates at up to $5,128 a year.

Average premium for full coverage: $1,340

Price estimates for individual coverage:

Price estimates include $500 comprehensive and collision deductibles, 30/60 liability limits, and includes uninsured/under-insured motorist coverage. Estimates are averaged for all 50 U.S. states and S60 models.

Price Range from Low to High

Geographic Price Range

Your location has a significant impact on the price of insurance. Areas with sparse population have fewer comprehensive and collision claims than larger metro areas. The graphic below illustrates the effect of geographic area on auto insurance rates.

The ranges above highlight why all drivers should compare rates for a specific zip code and their own personal driving habits, rather than relying on price averages.

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

More Rate Information

The chart below breaks down average Volvo S60 insurance rates for additional coverage choices and driver risks.

• The lowest rate with discounts is $774
• Drivers who choose higher $1,000 deductibles will pay about $164 every year
• The estimated rate for the average middle-age driver using $500 deductibles is $1,340
• Choosing low deductibles for comprehensive and collision insurance will cost $1,658
• High risk drivers with multiple violations and an at-fault accident could pay at least $2,908
• The price with full coverage for a teen driver can be $5,128 a year

View Chart as Image

Car insurance prices for a Volvo S60 are also quite variable based on the trim level and model year, your driving characteristics, and deductibles and policy limits.

More mature drivers with no driving violations and high physical damage deductibles could pay as little as $1,300 per year on average for full coverage. Prices are highest for teenage drivers, where even without any violations or accidents they will be charged as much as $5,100 a year. View Rates by Age

If you have some driving violations or you caused a few accidents, you are likely paying at least $1,600 to $2,200 extra each year, depending on your age. Insurance for high-risk drivers can cost anywhere from 43% to 133% more than average. View High Risk Driver Rates

Choosing high deductibles could save up to $490 each year, whereas increasing liability limits will increase prices. Changing from a 50/100 bodily injury limit to a 250/500 limit will increase prices by as much as $414 extra every 12 months. View Rates by Deductible or Liability Limit

The state you live in makes a big difference in Volvo S60 insurance rates. A 40-year-old driver could pay as low as $1,030 a year in states like Missouri, New Hampshire, and Vermont, or as much as $1,910 on average in Michigan, New York, and Louisiana.

View Chart as Image

How to Buy Cheaper Volvo S60 Insurance

Getting lower rates on Volvo S60 insurance not only requires having a decent driving record, but also having a good credit score, being claim-free, and consideration of higher deductibles. Take the time to compare rates at every policy renewal by obtaining price quotes from direct car insurance companies like GEICO, Progressive, and Esurance, and also from your local independent and exclusive agents.

The following items are a condensed summary of the data covered in the above illustrations.

• Drivers who may need additional liability coverage will pay about $510 per year to go from a low limit to higher 250/500 limits
• You may be able to save up to $160 per year just by quoting online in advance
• Increasing physical damage deductibles could save up to $475 each year
• 16 to 18-year-old drivers are the costliest to insure, possibly costing $427 a month if comprehensive and collision insurance is included

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.