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 insurance rates for a Volvo S60 are $1,340 a year for full coverage. Comprehensive costs on average $258, collision insurance costs $464, and liability coverage costs around $460. Liability-only coverage costs as low as $510 a year, and high-risk coverage costs around $2,908. 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:

These estimates include $500 deductibles, 30/60 liability limits, and includes uninsured/under-insured motorist coverage. Rates include averaging for all states and for all S60 models.

Insurance Price Range by Risk and Coverage

Insurance Price Range by Location

Where you live has a large influence on car insurance rates. Rural areas are statistically proven to have a lower frequency of accident claims than densely populated cities. The example below illustrates how where you live affects car insurance rates.

These rate differences show why everyone should compare prices based on a specific location and risk profile, rather than using average rates.

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

More Rate Information

The chart below shows average Volvo S60 insurance rates for different risk profiles and scenarios.

• The best discount rate is $774
• Using higher $1,000 deductibles will save around $164 a year
• The average rate for a 40-year-old good driver with $500 deductibles is $1,340
• Using pricier low deductibles for physical damage coverage will increase the cost to $1,658
• Higher-risk drivers who are prone to accidents and violations could pay upwards of $2,908
• An auto insurance policy for full coverage for a teenage driver for full coverage may cost $5,128 or more

View Chart as Image

Insurance prices for a Volvo S60 also have a wide range based on your driving characteristics, the trim level of your S60, and policy deductibles and limits.

A more mature driver with a clean driving record and high deductibles may only pay around $1,300 a year, or $108 per month, for full coverage. Prices are much higher for drivers in their teens, where even good drivers can expect to pay upwards of $5,100 a year. View Rates by Age

Where you choose to live has a huge impact on Volvo S60 insurance rates. A driver around age 40 might see prices as low as $880 a year in states like Idaho, Maine, and Iowa, or be forced to pay as much as $1,910 on average in Michigan, Louisiana, and New York.

View Chart as Image

Using high physical damage deductibles could cut prices by as much as $490 a year, whereas buying more liability protection will cost you more. Going from a 50/100 limit to a 250/500 limit will cost up to $414 more per year. View Rates by Deductible or Liability Limit

If you have a few violations or tend to cause accidents, you could be paying at a minimum $1,600 to $2,200 extra annually, depending on your age. Volvo S60 insurance for high-risk drivers can be around 43% to 133% more than a normal policy. View High Risk Driver Rates

How to Find Cheap Volvo S60 Insurance

Finding better rates on auto insurance requires not taking risks behind the wheel, maintaining good credit, not filing small claims, and determing if full coverage is necessary. Take the time to comparison shop at every policy renewal by requesting rates from direct carriers like Progressive, GEICO, and Esurance, and also from your local insurance agents.

The following is a brief summary of the data touched on in the above illustrations.

• Consumers who require higher liability limits will pay an extra $510 each year to increase from 30/60 bodily injury limits to 250/500 limits
• Drivers can save as much as $160 per year just by quoting online well ahead of the renewal date
• Increasing policy deductibles can save around $475 each year
• Teens pay the highest prices, as much as $427 per month for full coverage

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.