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 for full coverage insurance. Comprehensive insurance costs on average $270 a year, collision insurance costs $516, and liability costs $456. Liability-only coverage costs as little as $508 a year, and high-risk coverage 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:

Full coverage includes $500 comprehensive and collision deductibles, liability limits of 30/60, and includes uninsured/under-insured motorist coverage. Estimates are averaged for all 50 states and S60 trim levels.

Price Range from Low to High

Geographic Price Range

Your location can make a big difference on insurance rates. Rural areas have lower incidents of physical damage claims than congested cities. The diagram below illustrates how your location can change car insurance rates.

The ranges above illustrate why it is important to compare rates based on a specific location, instead of making a decision based on rate averages.

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

More Rate Information

The chart below illustrates average Volvo S60 insurance rates for different risk profiles and scenarios.

• The best full coverage rate is $803
• Drivers who choose higher $1,000 deductibles will pay around $1,224 each year
• The estimated price for the average middle-age driver with $500 deductibles is $1,400
• Buying low $100 deductibles for comprehensive and collision insurance will cost an additional $350 annually
• Drivers with multiple tickets or accidents could pay upwards of $3,048
• The price that insures a 16-year-old driver may cost $5,330 a year

View Chart as Image

Auto insurance prices for a Volvo S60 are also quite variable based on the trim level of your S60, your age and driving record, and policy deductibles and limits.

If you have some driving violations or you caused an accident, you are probably paying at a minimum $1,700 to $2,300 in extra premium each year, depending on your age. A high-risk auto insurance policy can cost from 43% to 135% more than the average rate. View High Risk Driver Rates

Older drivers with a good driving record and higher comprehensive and collision deductibles may pay as low as $1,300 per year on average for full coverage. Prices are highest for teenage drivers, since even teens with perfect driving records will have to pay upwards 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 $920 a year in states like Vermont, Wisconsin, and North Carolina, or at least $1,890 on average in Michigan, New York, and Florida.

View Chart as Image

Opting for high physical damage deductibles could save up to $530 annually, while buying higher liability limits will cost you more. Switching from a 50/100 bodily injury protection limit to a 250/500 limit will increase prices by as much as $411 extra every year. View Rates by Deductible or Liability Limit

How to Find More Affordable Volvo S60 Insurance

Getting lower rates on insurance for a Volvo S60 not only requires having a decent driving record, but also maintaining a good credit score, not filing small claims, and deciding if full coverage is necessary. Comparison shop once a year by quoting rates from direct insurance companies, and also from your local independent and exclusive agents.

The following items are a summary of the data that was illustrated above.

• It is possible to save as much as $170 per year just by quoting early and online
• Insureds who require additional liability coverage will pay around $500 annually to go from a low limit to the 250/500 level
• 16 to 18-year-old drivers are charged the highest prices, as much as $444 a month if the policy includes full coverage
• Drivers considered higher risk who have multiple accidents or major violations may pay on average $1,650 more each year than a driver with a clean driving record

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.