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 costs an estimated $258, collision insurance costs $464, and liability coverage costs around $460. A policy with just liability insurance costs as low as $510 a year, and coverage for high-risk drivers costs around $2,908. Teens receive the highest rates at up to $5,128 a year.

Average premium for full coverage: $1,340

Rate estimates broken down by individual coverage type:

Rates are based on $500 policy deductibles, 30/60 liability coverage, and includes UM/UIM and medical coverage. Rates are averaged for all 50 states and for all S60 models.

Price Range by Coverage and Risk

Price Range by Location

Where you live has a large influence on the price of insurance. More rural locations tend to have a lower frequency of physical damage claims than cities with more traffic congestion. The example below illustrates the difference location can make on insurance prices.

These examples illustrate why everyone should compare prices for a targeted area and risk profile, rather than using averaged prices.

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

Rates by State, City, and Model

The chart below illustrates average Volvo S60 insurance rates for other coverage scenarios.

• The cheapest rate after discounts is $774
• Using higher $1,000 deductibles will save approximately $164 each year
• The average rate for a 40-year-old driver who has $500 deductibles is $1,340
• Selecting pricier low deductibles for physical damage coverage will increase the cost to $1,658
• Higher-risk drivers with serious driving violations could pay up to $2,908
• The cost for full coverage for a teenage driver for full coverage can cost as much as $5,128 or more

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 liability limits and deductibles.

A more mature driver with no violations or accidents and high deductibles may only pay around $1,300 a year for full coverage. Rates are much higher for teen drivers, where even good drivers should be prepared to pay at least $5,100 a year. View Rates by Age

Where you live has a huge impact on Volvo S60 insurance rates. A driver around age 40 might see rates as low as $880 a year in states like North Carolina, Wisconsin, and Vermont, or have to pay at least $1,810 on average in Florida, New York, and Michigan.

View Chart as Image

Choosing higher comprehensive and collision insurance deductibles could cut rates by as much as $490 a year, whereas buying more liability protection will increase premiums. Switching from a 50/100 limit to a 250/500 limit will cost as much as $414 more each year. View Rates by Deductible or Liability Limit

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

How to Find the Best Cheap Volvo S60 Insurance

Saving money on auto insurance requires avoiding accidents and claims, having a good credit history, avoid buying unnecessary coverage, and possibly raising deductibles. Make time to compare rates every year by requesting quotes from direct insurance companies like GEICO and Progressive, and also from several local insurance agents.

The points below are a quick review of the coverage data touched on in this article.

• It is possible to save approximately $160 per year just by quoting online well ahead of the renewal date
• Increasing deductibles can save around $475 each year
• Drivers under the age of 20 are expensive to insure, costing up to $427 per month including comprehensive and collision insurance
• Drivers with a DUI or reckless driving violation pay on average $1,570 more annually 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.