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 $1,340 a year for full coverage. Comprehensive insurance costs an estimated $258, collision insurance costs $464, and liability insurance is estimated at $460. A policy with just liability insurance costs approximately $510 a year, and coverage for high-risk drivers costs $2,908 or more. 16-year-old drivers pay the highest rates at up to $5,128 a year.

Average premium for full coverage: $1,340

Price estimates broken down by individual coverage:

Prices are based on $500 deductibles, 30/60 liability limits, and includes medical/PIP and uninsured motorist coverage. Estimates are averaged for all states and for different S60 trim levels.

Price Range from Low to High

Geographic Price Range

Living in a larger city has a significant impact on insurance rates. More rural locations have lower incidents of accident claims than congested cities. The price range example below illustrates how location impacts insurance prices.

The ranges above show why anyone shopping for car insurance should get quotes for a targeted area, rather than relying on rate averages.

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

Additional Charts and Tables

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

• The best full coverage rate is $774
• Choosing higher $1,000 deductibles can save approximately $164 a year
• The estimated price for the average middle-age driver who has $500 deductibles is $1,340
• Buying more expensive low deductibles for comp and collision coverage will cost an additional $318 a year
• High-risk insureds with multiple tickets or accidents could pay up to $2,908
• The price that insures a teen driver with full coverage can cost as much as $5,128 each year

View Chart as Image

Insurance prices for a Volvo S60 are also quite variable based on the model year and trim level, how you drive, and liability limits and deductibles.

If you have some driving violations or you caused an accident, you could be paying $1,600 to $2,200 extra each year, depending on your age. High-risk driver insurance ranges anywhere from 43% to 133% more than the average rate. View High Risk Driver Rates

An older driver with a clean driving record and higher comprehensive and collision deductibles could pay as little as $1,300 annually on average for full coverage. Prices are highest for teenage drivers, since even teens with perfect driving records can expect to pay at least $5,100 a year. View Rates by Age

The state you live in plays a big part in determining prices for Volvo S60 insurance rates. A good driver about age 40 could pay as low as $880 a year in states like Iowa, Maine, and Idaho, or at least $1,910 on average in New York, Louisiana, and Michigan.

View Chart as Image

Opting for high physical damage deductibles can save as much as $490 each year, while increasing your policy's liability limits will increase premiums. Going from a 50/100 bodily injury protection limit to a 250/500 limit will increase prices by as much as $414 more per year. View Rates by Deductible or Liability Limit

How to Find Affordable Volvo S60 Insurance

Getting lower rates on Volvo S60 insurance takes not taking risks behind the wheel, having above-average credit, eliminating unnecessary coverage, and deciding if full coverage is necessary. Comparison shop at every policy renewal by getting quotes from direct carriers, and also from your local independent and exclusive agents.

The following is a brief review of the data touched on above.

• Drivers who want higher liability limits will pay around $510 each year to raise limits from a low limit to the 250/500 level
• Drivers can save approximately $160 per year just by shopping early and online
• Increasing physical damage deductibles can save approximately $475 each year
• Teens are charged the highest prices, with premiums as much as $427 a month if full coverage is included

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.