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.

Average insurance rates for a Volvo S60 are $1,340 a year for full coverage insurance. Comprehensive insurance costs around $258, collision insurance costs $464, and liability costs $460. A liability-only policy costs as little as $510 a year, and high-risk insurance costs $2,908 or more. 16-year-old drivers receive the highest rates at up to $5,128 a year.

Average premium for full coverage: $1,340

Rate estimates for individual coverage type:

Rates are based on $500 comprehensive and collision deductibles, bodily injury liability limits of 30/60, and includes medical and uninsured motorist coverage. Rates are averaged for all 50 states and for all S60 models.

Price Range by Coverage and Risk

Price Range by Location

Your location can have significant affects on car insurance rates. Areas with sparse population tend to have a lower frequency of physical damage claims than congested cities. The example below illustrates the difference between rural and urban areas on auto insurance rates.

These examples illustrate why everyone should compare rates for a specific zip code and risk profile, instead of using rate averages.

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

Detailed Rate Analysis

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

• The best full coverage rate is $774
• Drivers who choose higher $1,000 deductibles will pay about $164 each year
• The average rate for a 40-year-old driver using $500 deductibles is $1,340
• Buying pricier low deductibles for comprehensive and collision insurance will cost an extra $318 every year
• Higher-risk drivers with multiple tickets or accidents could pay at least $2,908
• The cost for full coverage for a teen driver for full coverage can be $5,128 a year

View Chart as Image

Insurance rates for a Volvo S60 can also vary considerably based on your driver profile, the model year and trim level, and deductibles and policy limits.

A more mature driver with a clean driving record and high deductibles may pay as little as $1,300 per year on average for full coverage. Rates are highest for teen drivers, where even good drivers can expect to pay as much as $5,100 a year. View Rates by Age

Where you live makes a big difference in Volvo S60 insurance prices. A 40-year-old driver could pay as low as $880 a year in states like Vermont, Wisconsin, and North Carolina, or at least $1,810 on average in Michigan, New York, and Florida.

View Chart as Image

Opting for high physical damage deductibles could save up to $490 every year, whereas buying more liability protection will increase rates. Switching from a 50/100 limit to a 250/500 limit will cost as much as $414 more per year. View Rates by Deductible or Liability Limit

If you like to drive fast or tend to cause accidents, you are probably paying at least $1,600 to $2,200 extra per year, depending on your age. Volvo S60 insurance for high-risk drivers can cost as much as 43% to 133% more than the average rate. View High Risk Driver Rates

How to Find the Best Cheap Volvo S60 Insurance

Saving money on car insurance not only requires having a decent driving record, but also maintaining good credit, avoid buying unnecessary coverage, and dropping full coverage on older vehicles. Set aside time to compare rates every other policy renewal by getting quotes from direct insurance companies like GEICO and Progressive, and also from local exclusive and independent agents.

The following items are a quick review of the ideas that were covered above.

• 16 to 18-year-old drivers pay higher rates, costing up to $427 per month for full coverage
• Higher risk drivers with a DUI or reckless driving violation may pay on average $1,570 more every year than a driver with a clean driving record
• Increasing deductibles can save around $475 each year
• It is possible to save up to $160 per year just by quoting online well ahead of the renewal date

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.