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 $1,286 a year with full coverage. Comprehensive costs an estimated $242, collision costs $426, and liability is estimated at $460. Buying just liability costs approximately $510 a year, with insurance for high-risk drivers costing around $2,790. Teen drivers receive the highest rates at $4,956 a year or more.

Average premium for full coverage: $1,286

Rate estimates broken down by individual coverage type:

Full coverage includes $500 policy deductibles, 30/60 liability limits, and includes medical and uninsured motorist coverage. Rates are averaged for all U.S. states and for all S60 models.

Price Range by Coverage and Risk

Price Range by Location

Living in a larger city can have significant affects on car insurance rates. More rural locations tend to have a lower frequency of collision claims than larger metro areas.

The example below illustrates how your location can change insurance prices.

These examples demonstrate why everyone should get quotes for a targeted area and risk profile, instead of using price averages.

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

Detailed Rate Analysis

The chart below details estimated Volvo S60 insurance rates for other coverage scenarios.

• The lowest rate with discounts is $749
• Choosing higher $1,000 deductibles can save approximately $152 annually
• The average rate for a 40-year-old driver who has $500 deductibles is $1,286
• Choosing pricier low deductibles for comp and collision coverage will increase the cost to $1,582
• Unlucky drivers with multiple violations and an at-fault accident could pay up to $2,790 or more
• The cost for full coverage for a teen driver for full coverage can cost as much as $4,956 each year

View Chart as Image

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

A more mature driver with a good driving record and high deductibles may pay as little as $1,200 annually on average for full coverage. Rates are highest for teen drivers, where even good drivers will have to pay at least $4,900 a year. View Rates by Age

Where you live plays a big part in determining prices for Volvo S60 insurance prices. A good driver about age 40 could pay as low as $930 a year in states like Utah, Ohio, and New Hampshire, or as much as $1,740 on average in New York, Michigan, and Florida.

View Chart as Image

Choosing high deductibles can save as much as $450 every year, whereas buying more liability protection will increase premiums. Moving from a 50/100 limit to a 250/500 limit will cost as much as $414 extra every year. View Rates by Deductible or Liability Limit

If you like to drive fast or tend to cause accidents, you may be forking out $1,500 to $2,100 in extra premium per year, depending on your age. Volvo S60 insurance for high-risk drivers ranges as much as 42% to 130% more than average. View High Risk Driver Rates

With so much variability in rates, the best way to find out which company is cheapest is to regularly compare rates and see which company has the best rate. Each auto insurer uses a different rate calculation, and quoted rates can be significantly different from one company to the next.

How to Find More Affordable Volvo S60 Insurance

Saving money on car insurance takes being a good driver, having good credit, eliminating unnecessary coverage, and qualifying for all possible discounts. Invest the time to shop around at every policy renewal by getting rate quotes from direct companies like GEICO and Progressive, and also from local exclusive and independent agents.

The following list is a summary of the data illustrated above.

• Policyholders who want an increased level of liability coverage will pay about $510 every year to raise limits from a minimum limit to 250/500 limits
• You may be able to save approximately $150 per year simply by quoting online well ahead of the renewal date
• Increasing deductibles can save around $450 each year
• Drivers age 16 to 20 are the costliest to insure, with premiums as much as $413 per month if they have 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.