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 $996 every 12 months with full coverage. Comprehensive costs approximately $168, collision insurance costs $218, and liability is estimated at $452. Liability-only insurance costs approximately $504 a year, and high-risk driver insurance costs around $2,140. Teens cost the most to insure at up to $3,992 a year.

Average premium for full coverage: $996

Policy rates by type of insurance:

Rates are based on $500 physical damage insurance deductibles, liability coverage up to 30/60, and includes both medical and UM/UIM coverage. Prices are averaged for all U.S. states and for all S60 models.

Price Range Variability

Urban vs. Rural Price Range

Living in a larger city can have significant affects on the price of insurance. Rural locations are shown to have more infrequent collision claims than cities with more traffic congestion. The example below illustrates how where you live affects auto insurance prices.

The examples above demonstrate why everyone should get quotes using their specific location and their own driving history, instead of using averaged prices.

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

Rate Comparisons

The chart below details average Volvo S60 insurance rates for additional coverage and risk scenarios.

• The cheapest rate after discounts is $607
• Choosing higher $1,000 deductibles can save $88 annually
• The average price for a good driver age 40 who chooses $500 deductibles is $996
• Selecting pricier low deductibles for comp and collision coverage increases the price to $1,166
• Unlucky drivers with serious driving violations could pay around $2,140
• Policy cost to insure a teen driver for full coverage can cost $3,992 each year

View Chart as Image

Auto insurance rates for a Volvo S60 also range considerably based on liability limits and deductibles, your driving record, and the model of your S60.

Choosing higher comprehensive and collision insurance deductibles can save as much as $260 every year, whereas buying more liability protection will push rates upward. Moving from a 50/100 liability limit to a 250/500 limit will raise rates by up to $407 extra every year. View Rates by Deductible or Liability Limit

A more mature driver with a good driving record and higher deductibles may pay as little as $900 annually on average, or $75 per month, for full coverage. Rates are much higher for teenagers, since even excellent drivers will have to pay in the ballpark of $3,900 a year. View Rates by Age

If you have a few points on your driving record or you were responsible for an accident, you may be forking out anywhere from $1,200 to $1,700 in extra premium every year, depending on your age. Volvo S60 insurance for high-risk drivers ranges as much as 43% to 134% more than the average policy. 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 $720 a year in states like Utah, Ohio, and New Hampshire, or have to pay at least $1,350 on average in New York, Michigan, and Florida.

View Chart as Image

How to Shop for the Best Cheap Volvo S60 Insurance

Finding cheaper rates on car insurance takes being a low-risk driver, having a good credit score, not filing small claims, and possibly higher deductibles. Take the time to comparison shop every time your policy renews by getting rate quotes from direct companies, and also from insurance agencies where you live.

The items below are a quick review of the information touched on in the above illustrations.

• You may be able to save around $110 per year just by quoting online well ahead of the renewal date
• Teen drivers have the highest car insurance rates, as much as $333 each month if comprehensive and collision insurance is included
• Increasing comprehensive and collision deductibles could save as much as $250 each year
• Higher risk drivers with a DUI or reckless driving violation could be forced to pay on average $1,140 more per year to insure their S60
• Policyholders who purchase more liability coverage will pay approximately $500 every year to raise limits from a 30/60 limit to a 250/500 level

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.