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 with full coverage. Comprehensive costs an estimated $258, collision costs $464, and liability costs $460. A policy with just liability insurance costs as little as $510 a year, with coverage for high-risk drivers costing around $2,908. Teens pay the highest rates at $5,128 a year or more.

Average premium for full coverage: $1,340

Price estimates broken down by individual coverage:

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

Price Range from Low to High

Geographic Price Range

Your location can have significant affects on car insurance rates. More rural locations have a lower frequency of collision claims than cities with more traffic congestion.

The example below illustrates the effect of geographic area on insurance prices.

The ranges above demonstrate why everyone should compare rates for a targeted area and risk profile, instead of using averaged prices.

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

More Rate Details

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

• The cheapest rate after discounts is $774
• Drivers who choose higher $1,000 deductibles will pay approximately $164 annually
• The average rate for the average middle-age driver who has $500 deductibles is $1,340
• Selecting pricier low deductibles for comprehensive and collision insurance will increase the cost to $1,658
• Higher-risk drivers with serious driving violations could pay up to $2,908 or more
• The price for full coverage for a teen driver for full coverage can cost as much as $5,128 a year

View Chart as Image

Insurance prices for a Volvo S60 are also quite variable based on your driving record, the trim level and model year, and liability limits and deductibles.

A more mature driver with a clean driving record and high deductibles may pay as little as $1,300 per year on average for full coverage. Prices are much higher for teenage drivers, where even good drivers can expect to pay at least $5,100 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 $970 a year in states like Utah, Ohio, and New Hampshire, or have to pay at least $1,810 on average in New York, Michigan, and Florida.

View Chart as Image

Choosing higher comprehensive and collision insurance deductibles could save up to $490 every year, whereas buying more liability protection will increase premiums. Moving from a 50/100 limit to a 250/500 limit will increase prices by as much as $414 more per year. View Rates by Deductible or Liability Limit

If you have some driving violations or tend to cause accidents, you may be forking out $1,600 to $2,200 extra each year, depending on your age. Volvo S60 insurance for high-risk drivers can cost as much as 43% to 133% more than the average policy. View High Risk Driver Rates

Since prices can be so different, the best way to find out which car insurance is cheapest is to regularly compare prices and see which company has the best price. Every company calculates prices differently, so the prices may be quite different from one company to the next.

How to Find Affordable Volvo S60 Insurance

Getting lower rates on car insurance not only requires being a low-risk driver, but also maintaining good credit, avoid buying unnecessary coverage, and taking advantage of discounts. Take the time to compare rates at least every other year by obtaining price quotes from direct companies like Progressive and GEICO, and also from local exclusive and independent agents.

The items below are a brief review of the car insurance concepts covered in the above illustrations.

• Higher risk drivers with DUI or reckless driving convictions may pay on average $1,570 more annually to insure their S60
• You may be able to save approximately $160 per year simply by quoting online well ahead of the renewal date
• Increasing physical damage deductibles can save around $475 each year
• Policyholders who want more liability coverage will pay approximately $510 every year to go from a low limit to 250/500 limits

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.