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 rates for a Volvo S60 are $1,400 a year including full coverage. Comprehensive insurance costs approximately $270, collision insurance costs $516, and liability costs $456. Buying just liability costs as little as $508 a year, and insurance for high-risk drivers costs $3,048 or more. 16-year-old drivers pay the highest rates at up to $5,330 a year.

Average premium for full coverage: $1,400

Price estimates by individual coverage:

Prices include $500 policy deductibles, liability limits of 30/60, and includes medical and uninsured motorist coverage. Estimates are averaged for all 50 U.S. states and for all S60 models.

Price Range from Low to High

Geographic Price Range

Your location can have significant affects on car insurance prices. Rural locations have lower incidents of comprehensive and collision claims than congested cities. The example below illustrates the difference location can make on auto insurance prices.

The ranges above highlight why everyone should compare rates using their specific location, instead of using rate averages.

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

Detailed Rate Analysis

The chart below breaks down average Volvo S60 insurance rates for additional coverage and risk scenarios.

• The best full coverage rate is $803
• Drivers who choose higher $1,000 deductibles will pay $176 every year
• The estimated price for the average middle-age driver who chooses $500 deductibles is $1,400
• Buying pricier low deductibles for comprehensive and collision insurance will cost an additional $350 every year
• Higher-risk drivers with multiple tickets or accidents could pay around $3,048
• The price that insures a teen driver for full coverage can cost $5,330 a year

View Chart as Image

Insurance prices for a Volvo S60 are also quite variable based on the model of your S60, your driving record and age, and physical damage deductibles and liability limits.

If you have some driving violations or you caused an accident, you are likely paying anywhere from $1,700 to $2,300 additional each year, depending on your age. Volvo S60 insurance for high-risk drivers can cost as much as 43% to 135% more than the average rate. View High Risk Driver Rates

A more mature driver with no violations or accidents and higher comprehensive and collision deductibles may pay as little as $1,300 per year on average for full coverage. Prices are highest for teenage drivers, since even teens with perfect driving records should be prepared to pay in the ballpark of $5,300 a year. View Rates by Age

The state you live in makes a big difference in Volvo S60 insurance prices. A 40-year-old driver could pay as low as $1,070 a year in states like Vermont, New Hampshire, and Missouri, or at least $2,000 on average in Louisiana, New York, and Michigan.

View Chart as Image

Opting for high physical damage deductibles could save up to $530 every year, whereas buying more liability protection will push prices upward. Changing from a 50/100 bodily injury protection limit to a 250/500 limit will increase prices by as much as $411 more each year. View Rates by Deductible or Liability Limit

How to Find the Right Volvo S60 Insurance

Getting lower rates on car insurance not only requires avoiding accidents and claims, but also having a good credit score, being claim-free, and consideration of higher deductibles. Comparison shop once a year by getting rate quotes from direct car insurance companies, and also from local auto insurance providers.

The points below are a quick rundown of the data that was touched on in this article.

• You may be able to save around $170 per year just by quoting online well ahead of the renewal date
• Policyholders who purchase increased liability limits will pay around $500 per year to go from a low limit to the 250/500 level
• Drivers under the age of 20 are the costliest to insure, possibly costing $444 a month if comprehensive and collision insurance is included
• Higher risk drivers with reckless driving or DUI convictions will likely pay on average $1,650 more per year to insure a Volvo S60

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.