Volvo S60 Insurance Rates
Enter your zip code below to view companies that have cheap auto insurance rates.
Michelle Robbins
Licensed Insurance Agent
Michelle Robbins has been a licensed insurance agent for over 13 years. Her career began in the real estate industry, supporting local realtors with Title Insurance. After several years, Michelle shifted to real estate home warranty insurance, where she managed a territory of over 100 miles of real estate professionals. Later, Agent Robbins obtained more licensing and experience serving families a...
Licensed Insurance Agent
UPDATED: Jun 3, 2023
It’s all about you. We want to help you make the right coverage choices.
Advertiser Disclosure: We strive to help you make confident car insurance decisions. Comparison shopping should be easy. We are not affiliated with any one car insurance provider and cannot guarantee quotes from any single provider.
Our insurance industry partnerships don’t influence our content. Our opinions are our own. To compare quotes from many different companies please enter your ZIP code on this page to use the free quote tool. The more quotes you compare, the more chances to save.
Editorial Guidelines: We are a free online resource for anyone interested in learning more about auto insurance. Our goal is to be an objective, third-party resource for everything auto insurance related. We update our site regularly, and all content is reviewed by auto insurance experts.
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.
Estimated insurance rates for a Volvo S60 are $1,340 a year for full coverage insurance. Comprehensive costs approximately $258, collision costs $464, and liability costs around $460. Liability-only insurance costs as low as $510 a year, with high-risk driver insurance costing around $2,908. 16-year-old drivers pay the most at $5,128 a year or more.
Average premium for full coverage: $1,340
Premium estimates by type of coverage:
Includes $500 policy deductibles, liability limits of 30/60, and includes uninsured/under-insured motorist coverage. Rates include averaging for all 50 states and for different S60 trim levels.
Insurance Price Range by Risk and Coverage
For a driver around age 40, insurance rates for a Volvo S60 go from as low as $510 for your basic liability-only policy to a much higher rate of $2,908 for a driver that may need high-risk insurance.
Insurance Price Range by Location
Where you live can make a big difference on the price of auto insurance. Rural locations are statistically proven to have a lower frequency of physical damage claims than congested cities.
The price range example below illustrates the difference between rural and urban areas on auto insurance prices.
These rate differences illustrate why anyone shopping for car insurance should compare prices using their specific location and risk profile, instead of making a decision based on rate averages.
Use the form below to get customized rates for your location.
Enter your zip code below to view companies based on your location that have cheap auto insurance rates.
More Rate Information
The chart below illustrates estimated Volvo S60 insurance rates for additional coverage and risk scenarios.
- The best full coverage rate is $774
- Using higher $1,000 deductibles will save $164 each year
- The average rate for a 40-year-old good driver who chooses $500 deductibles is $1,340
- Buying more expensive low deductibles for physical damage coverage will increase the cost to $1,658
- High-risk insureds with multiple tickets or accidents could pay around $2,908 or more
- An auto insurance policy for full coverage for a 16-year-old driver with full coverage can cost $5,128 or more
Insurance prices for a Volvo S60 also have a wide range based on your driving characteristics, the model year and trim level, and physical damage deductibles and liability limits.
An older driver with no violations or accidents and high deductibles may pay as low as $1,300 a year, or $108 per month, for full coverage. Prices are highest for drivers in their teens, where even good drivers should be prepared to pay in the ballpark of $5,100 a year. View Rates by Age
Where you choose to live has a huge impact on Volvo S60 insurance prices. A driver around age 40 might see prices as low as $880 a year in states like North Carolina, Wisconsin, and Vermont, or at least $1,810 on average in Florida, New York, and Michigan.
State | Premium | Compared to U.S. Avg | Percent Difference |
---|---|---|---|
Alabama | $1,212 | -$128 | -9.6% |
Alaska | $1,028 | -$312 | -23.3% |
Arizona | $1,112 | -$228 | -17.0% |
Arkansas | $1,340 | -$0 | 0.0% |
California | $1,526 | $186 | 13.9% |
Colorado | $1,280 | -$60 | -4.5% |
Connecticut | $1,378 | $38 | 2.8% |
Delaware | $1,516 | $176 | 13.1% |
Florida | $1,678 | $338 | 25.2% |
Georgia | $1,236 | -$104 | -7.8% |
Hawaii | $962 | -$378 | -28.2% |
Idaho | $908 | -$432 | -32.2% |
Illinois | $998 | -$342 | -25.5% |
Indiana | $1,010 | -$330 | -24.6% |
Iowa | $904 | -$436 | -32.5% |
Kansas | $1,274 | -$66 | -4.9% |
Kentucky | $1,828 | $488 | 36.4% |
Louisiana | $1,982 | $642 | 47.9% |
Maine | $828 | -$512 | -38.2% |
Maryland | $1,106 | -$234 | -17.5% |
Massachusetts | $1,072 | -$268 | -20.0% |
Michigan | $2,330 | $990 | 73.9% |
Minnesota | $1,122 | -$218 | -16.3% |
Mississippi | $1,606 | $266 | 19.9% |
Missouri | $1,190 | -$150 | -11.2% |
Montana | $1,440 | $100 | 7.5% |
Nebraska | $1,058 | -$282 | -21.0% |
Nevada | $1,608 | $268 | 20.0% |
New Hampshire | $966 | -$374 | -27.9% |
New Jersey | $1,498 | $158 | 11.8% |
New Mexico | $1,188 | -$152 | -11.3% |
New York | $1,412 | $72 | 5.4% |
North Carolina | $770 | -$570 | -42.5% |
North Dakota | $1,098 | -$242 | -18.1% |
Ohio | $926 | -$414 | -30.9% |
Oklahoma | $1,378 | $38 | 2.8% |
Oregon | $1,226 | -$114 | -8.5% |
Pennsylvania | $1,278 | -$62 | -4.6% |
Rhode Island | $1,788 | $448 | 33.4% |
South Carolina | $1,214 | -$126 | -9.4% |
South Dakota | $1,132 | -$208 | -15.5% |
Tennessee | $1,174 | -$166 | -12.4% |
Texas | $1,616 | $276 | 20.6% |
Utah | $994 | -$346 | -25.8% |
Vermont | $916 | -$424 | -31.6% |
Virginia | $804 | -$536 | -40.0% |
Washington | $1,038 | -$302 | -22.5% |
West Virginia | $1,230 | -$110 | -8.2% |
Wisconsin | $926 | -$414 | -30.9% |
Wyoming | $1,194 | -$146 | -10.9% |
Opting for high physical damage deductibles could cut prices by as much as $490 annually, while increasing your policy's liability limits will push prices upward. Switching from a 50/100 limit to a 250/500 limit will cost up to $414 more each year. View Rates by Deductible or Liability Limit
If you have a few violations or tend to cause accidents, you are probably paying anywhere from $1,600 to $2,200 additional annually, depending on your age. High-risk driver insurance can be from 43% to 133% more than the average rate. View High Risk Driver Rates
With such a large range in prices, the only way to figure out who has the best car insurance prices is to compare prices from multiple companies. Each insurance company utilizes a different rate formula, and prices will be substantially different from one company to the next.
Model Year | Comprehensive | Collision | Liability | Total Premium |
---|---|---|---|---|
2024 Volvo S60 | $346 | $660 | $390 | $1,554 |
2023 Volvo S60 | $332 | $656 | $398 | $1,544 |
2022 Volvo S60 | $320 | $640 | $416 | $1,534 |
2021 Volvo S60 | $310 | $612 | $430 | $1,510 |
2020 Volvo S60 | $292 | $592 | $442 | $1,484 |
2019 Volvo S60 | $282 | $548 | $452 | $1,440 |
2018 Volvo S60 | $270 | $516 | $456 | $1,400 |
2017 Volvo S60 | $258 | $464 | $460 | $1,340 |
2016 Volvo S60 | $242 | $426 | $460 | $1,286 |
2012 Volvo S60 | $206 | $314 | $478 | $1,156 |
2007 Volvo S60 | $168 | $218 | $452 | $996 |
2006 Volvo S60 | $154 | $208 | $446 | $966 |
2005 Volvo S60 | $150 | $198 | $442 | $948 |
Rates are averaged for all Volvo S60 models and trim levels. Rates assume a 40-year-old male driver, full coverage with $500 deductibles, and a clean driving record.
How to Find the Cheapest Volvo S60 Insurance
Finding better rates on insurance for a Volvo S60 requires being a good driver, having a good credit history, paying for small claims out-of-pocket, and qualifying for all possible discounts. Set aside time to compare rates once a year by requesting quotes from direct insurance companies like Progressive, GEICO, and Esurance, and also from your local independent and exclusive agents.
The following list is a recap of the data that was covered above.
- It is possible to save around $160 per year simply by shopping early and online
- Insureds who purchase an increased level of liability coverage will pay around $510 annually to increase from 30/60 bodily injury limits to 250/500 limits
- Drivers age 16 to 20 are the costliest to insure, with premiums being up to $427 per month including comprehensive and collision insurance
- Drivers considered higher risk that have major violations or accidents may pay on average $1,570 more per year than a safer driver
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.
Compare Quotes From Top Companies and SaveFree Car Insurance Comparison
Secured with SHA-256 Encryption
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.
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.
Rate Tables and Charts
Rates by Driver Age
Driver Age | Premium |
---|---|
16 | $5,128 |
20 | $3,100 |
30 | $1,388 |
40 | $1,340 |
50 | $1,226 |
60 | $1,202 |
Full coverage, $500 deductibles
Rates by Deductible
Deductible | Premium |
---|---|
$100 | $1,658 |
$250 | $1,510 |
$500 | $1,340 |
$1,000 | $1,176 |
Full coverage, driver age 40
Rates by Liability Limit
Liability Limit | Premium |
---|---|
30/60 | $1,340 |
50/100 | $1,432 |
100/300 | $1,547 |
250/500 | $1,846 |
100 CSL | $1,478 |
300 CSL | $1,731 |
500 CSL | $1,915 |
Full coverage, driver age 40
Rates for High Risk Drivers
Age | Premium |
---|---|
16 | $7,296 |
20 | $4,940 |
30 | $2,962 |
40 | $2,908 |
50 | $2,780 |
60 | $2,756 |
Full coverage, $500 deductibles, two speeding tickets, and one at-fault accident
If a financial responsibility filing is required, the additional charge below may also apply.
Potential Rate Discounts
If you qualify for discounts, you may save the amounts shown below.
Discount | Savings |
---|---|
Multi-policy | $71 |
Multi-vehicle | $72 |
Homeowner | $21 |
5-yr Accident Free | $96 |
5-yr Claim Free | $87 |
Paid in Full/EFT | $59 |
Advance Quote | $65 |
Online Quote | $95 |
Total Discounts | $566 |
Discounts are estimated and may not be available from every company or in every state.
Compare Rates and Save
Find companies with the cheapest rates in your area