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.

The average auto insurance rates for a Volvo S60 are $1,400 annually with full coverage. Comprehensive costs around $270, collision costs $516, and liability costs $456. Buying just liability costs as little as $508 a year, with insurance for high-risk drivers costing around $3,048. Teens cost the most to insure at $5,330 a year or more.

Average premium for full coverage: $1,400

Policy rates for type of insurance:

Rate estimates include $500 policy deductibles, 30/60 split liability limits, and includes uninsured motorist and medical coverage. Prices are averaged for all U.S. states and for all S60 models.

Price Range Variability

Urban vs. Rural Price Range

Your location can have significant affects on insurance rates. Areas with sparse population are shown to have fewer collision claims than cities with more traffic congestion.

The example below illustrates how location impacts auto insurance rates.

The examples above demonstrate why everyone should compare rates for a specific zip code and their own personal driving habits, instead of using averaged prices.

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

Additional Rate Information

The chart below details estimated Volvo S60 insurance rates for additional coverage choices and driver risks.

• The cheapest rate after discounts is $803
• Drivers who choose higher $1,000 deductibles will pay about $176 annually
• The estimated rate for a good driver age 40 using $500 deductibles is $1,400
• Selecting pricier low deductibles for comprehensive and collision insurance will cost $1,750
• Higher-risk drivers with serious driving violations could pay at least $3,048 or more
• Policy cost with full coverage for a teen driver for full coverage can be $5,330 a year

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Insurance rates for a Volvo S60 also range considerably based on the model year and trim level, your driving record, and deductibles and policy limits.

A more mature driver with a clean driving record and high physical damage deductibles may pay as little as $1,300 per year on average, or $108 per month, for full coverage. Rates are much higher for teenagers, where even without any violations or accidents they can expect to pay as much as $5,300 a year. View Rates by Age

If you have a few points on your driving record or you caused a few accidents, you may be forking out at least $1,700 to $2,300 extra every year, depending on your age. Volvo S60 insurance for high-risk drivers can cost as much as 43% to 135% more than the average policy. View High Risk Driver Rates

Choosing higher comprehensive and collision insurance deductibles could save up to $530 every year, whereas buying more liability protection will increase rates. Moving from a 50/100 bodily injury limit to a 250/500 limit will raise rates by up to $411 more per year. View Rates by Deductible or Liability Limit

Your home state makes a big difference in Volvo S60 insurance prices. A 40-year-old driver could pay as low as $1,010 a year in states like New Hampshire, Ohio, and Utah, or have to pay at least $1,890 on average in Florida, Michigan, and New York.

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Because rates have so much variability, the best way to find out your exact price is to regularly compare rates and see which company has the best rate. Every company calculates rates differently, so the rates will be varied between companies.

How to Buy the Best Volvo S60 Insurance

Finding cheaper rates on car insurance not only requires being a good driver, but also having a good credit history, not filing small claims, and insuring your home and auto with the same company. Spend time shopping around at least every other year by getting quotes from direct companies like Progressive, GEICO, and Esurance, and also from local exclusive and independent agents.

The following list is a brief recap of the car insurance concepts touched on above.

• Higher risk drivers who tend to receive serious violations may pay on average $1,650 more every year than a safer driver
• You may be able to save up to $170 per year simply by quoting online well ahead of the renewal date
• Increasing comprehensive and collision deductibles could save up to $525 each year
• Policyholders who may need an increased level of liability coverage will pay approximately $500 every year to go from a 30/60 limit to higher 250/500 limits

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.