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.

The average insurance prices for a Volvo S60 are $1,340 every 12 months for full coverage. Comprehensive insurance costs an estimated $258 each year, collision costs $464, and liability is estimated at $460. Liability-only coverage costs approximately $510 a year, with high-risk coverage costing $2,908 or more. Teen drivers cost the most to insure at $5,128 a year or more.

Average premium for full coverage: $1,340

Policy rates broken down by type of insurance:

Rate estimates include $500 deductibles, split liability limits of 30/60, and includes uninsured motorist and medical coverage. Prices are averaged for all states and S60 models.

Price Range Variability

Urban vs. Rural Price Range

Living in a larger city can have significant affects on insurance rates. More rural locations are shown to have more infrequent accident claims than larger metro areas.

The graphic below illustrates the difference between rural and urban areas on insurance prices.

The examples above show why all drivers should get quotes for a targeted area and their own driving history, instead of using price averages.

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

Additional Rate Information

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

• The lowest rate with discounts is $774
• Choosing higher $1,000 deductibles can save approximately $164 a year
• The average price for a good driver age 40 who has $500 deductibles is $1,340
• Choosing low deductibles for comp and collision coverage costs an extra $318 every year
• Unlucky drivers with multiple violations and an at-fault accident could pay up to $2,908 or more
• Policy cost to insure a teen driver can cost as much as $5,128 each year

View Chart as Image

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

Choosing high deductibles can save as much as $490 every year, whereas increasing liability limits will increase premiums. Going from a 50/100 liability limit to a 250/500 limit will raise rates by up to $414 more each year. View Rates by Deductible or Liability Limit

More mature drivers with no violations or accidents and higher deductibles may pay as little as $1,300 annually on average, or $108 per month, for full coverage. Rates are highest for teenagers, since even excellent drivers should be prepared to pay at least $5,100 a year. View Rates by Age

If you have a few points on your driving record or you were responsible for an accident, you could be paying $1,600 to $2,200 additional every year, depending on your age. Insurance for high-risk drivers ranges as much as 43% to 133% more than average. View High Risk Driver Rates

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

View Chart as Image

Because rates have so much variability, the only way to know which auto insurance is cheapest is to do a rate comparison and see which company has the best rate. Each auto insurer uses a different rate calculation, and rates will be varied.

How to Shop for the Best Volvo S60 Insurance

Finding cheaper rates on car insurance takes not taking risks behind the wheel, having above-average credit, avoid buying unnecessary coverage, and maximizing policy discounts. Set aside time to compare rates at least once a year by getting quotes from direct carriers, and also from several local insurance agents.

The following is a brief recap of the primary concepts that were covered above.

• Drivers can save approximately $160 per year simply by quoting online in advance
• Higher risk drivers who tend to receive serious violations pay on average $1,570 more annually for S60 insurance
• Increasing comprehensive and collision deductibles could save as much as $475 each year
• Teens are expensive to insure, costing up to $427 each 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.