Volvo V60 Insurance Rates
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Michelle Robbins
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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...
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UPDATED: Apr 23, 2024
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Average auto insurance rates for a Volvo V60 are $1,194 annually for full coverage insurance. Comprehensive insurance costs an estimated $242, collision costs $426, and liability insurance is estimated at $390. Buying just liability costs approximately $438 a year, with insurance for high-risk drivers costing $2,588 or more. 16-year-old drivers receive the highest rates at $4,516 a year or more.
Average premium for full coverage: $1,194
Rate estimates broken down by individual coverage type:
Full coverage includes $500 physical damage insurance deductibles, 30/60 split liability limits, and includes UM/UIM and medical coverage. Rates are averaged for all 50 states and for all V60 models.
Price Range by Coverage and Risk
Using a middle-aged driver as an example, prices range go from as cheap as $438 for a discount liability-only rate to the much higher price of $2,588 for a high-risk insurance policy.
Price Range by Location
Living in a larger city has a significant impact on the price of insurance. More rural locations tend to have fewer physical damage claims than congested cities.
The example below illustrates how where you live affects insurance prices.
These examples illustrate why everyone should get quotes for a targeted area and their own personal driving habits, rather than relying 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.
Rates by State, City, and Model
The chart below illustrates estimated Volvo V60 insurance rates for other coverage scenarios.
- The best full coverage rate is $691
- Choosing higher $1,000 deductibles can save approximately $152 each year
- The estimated rate for a 40-year-old driver who has $500 deductibles is $1,194
- Buying pricier low deductibles for comp and collision coverage costs an additional $296 a year
- High-risk insureds with multiple tickets or accidents could pay up to $2,588 or more
- The cost with full coverage for a teen driver for full coverage can cost as much as $4,516 each year
Auto insurance rates for a Volvo V60 can also vary considerably based on the trim level of your V60, your risk profile, and liability limits and deductibles.
A more mature driver with a good driving record and high physical damage deductibles could pay as little as $1,100 annually on average for full coverage. Rates are highest for teen drivers, where even without any violations or accidents they will have to pay at least $4,500 a year. View Rates by Age
If you like to drive fast or you caused a few accidents, you are probably paying $1,400 to $2,000 in extra premium per year, depending on your age. Volvo V60 insurance for high-risk drivers ranges anywhere from 44% to 131% more than the average rate. View High Risk Driver Rates
Opting for high physical damage deductibles can save as much as $450 each year, whereas buying more liability protection will increase premiums. Switching from a 50/100 bodily injury limit to a 250/500 limit will cost as much as $351 extra every year. View Rates by Deductible or Liability Limit
Where you live plays a big part in determining prices for Volvo V60 insurance rates. A good driver about age 40 could pay as low as $780 a year in states like North Carolina, Wisconsin, and Vermont, or at least $1,610 on average in Florida, New York, and Michigan.
| State | Premium | Compared to U.S. Avg | Percent Difference |
|---|---|---|---|
| Alabama | $1,080 | -$114 | -9.5% |
| Alaska | $916 | -$278 | -23.3% |
| Arizona | $990 | -$204 | -17.1% |
| Arkansas | $1,194 | -$0 | 0.0% |
| California | $1,362 | $168 | 14.1% |
| Colorado | $1,140 | -$54 | -4.5% |
| Connecticut | $1,226 | $32 | 2.7% |
| Delaware | $1,350 | $156 | 13.1% |
| Florida | $1,490 | $296 | 24.8% |
| Georgia | $1,106 | -$88 | -7.4% |
| Hawaii | $858 | -$336 | -28.1% |
| Idaho | $808 | -$386 | -32.3% |
| Illinois | $890 | -$304 | -25.5% |
| Indiana | $900 | -$294 | -24.6% |
| Iowa | $806 | -$388 | -32.5% |
| Kansas | $1,134 | -$60 | -5.0% |
| Kentucky | $1,630 | $436 | 36.5% |
| Louisiana | $1,768 | $574 | 48.1% |
| Maine | $738 | -$456 | -38.2% |
| Maryland | $986 | -$208 | -17.4% |
| Massachusetts | $952 | -$242 | -20.3% |
| Michigan | $2,072 | $878 | 73.5% |
| Minnesota | $1,000 | -$194 | -16.2% |
| Mississippi | $1,430 | $236 | 19.8% |
| Missouri | $1,060 | -$134 | -11.2% |
| Montana | $1,282 | $88 | 7.4% |
| Nebraska | $940 | -$254 | -21.3% |
| Nevada | $1,432 | $238 | 19.9% |
| New Hampshire | $862 | -$332 | -27.8% |
| New Jersey | $1,334 | $140 | 11.7% |
| New Mexico | $1,056 | -$138 | -11.6% |
| New York | $1,256 | $62 | 5.2% |
| North Carolina | $690 | -$504 | -42.2% |
| North Dakota | $978 | -$216 | -18.1% |
| Ohio | $822 | -$372 | -31.2% |
| Oklahoma | $1,226 | $32 | 2.7% |
| Oregon | $1,094 | -$100 | -8.4% |
| Pennsylvania | $1,136 | -$58 | -4.9% |
| Rhode Island | $1,592 | $398 | 33.3% |
| South Carolina | $1,082 | -$112 | -9.4% |
| South Dakota | $1,008 | -$186 | -15.6% |
| Tennessee | $1,046 | -$148 | -12.4% |
| Texas | $1,440 | $246 | 20.6% |
| Utah | $884 | -$310 | -26.0% |
| Vermont | $818 | -$376 | -31.5% |
| Virginia | $714 | -$480 | -40.2% |
| Washington | $922 | -$272 | -22.8% |
| West Virginia | $1,094 | -$100 | -8.4% |
| Wisconsin | $826 | -$368 | -30.8% |
| Wyoming | $1,064 | -$130 | -10.9% |
With so much variability in rates, the only way to figure out which company is cheapest is to regularly compare rates from as many companies as possible. Each auto insurer utilizes a different rate formula, and quoted rates can be significantly different between companies.
| Model Year | Comprehensive | Collision | Liability | Total Premium |
|---|---|---|---|---|
| 2024 Volvo V60 | $332 | $656 | $338 | $1,462 |
| 2023 Volvo V60 | $320 | $640 | $354 | $1,450 |
| 2022 Volvo V60 | $310 | $612 | $364 | $1,422 |
| 2021 Volvo V60 | $292 | $592 | $376 | $1,396 |
| 2020 Volvo V60 | $282 | $548 | $384 | $1,350 |
| 2019 Volvo V60 | $270 | $516 | $388 | $1,310 |
| 2018 Volvo V60 | $258 | $464 | $390 | $1,248 |
| 2017 Volvo V60 | $242 | $426 | $390 | $1,194 |
| 2016 Volvo V60 | $234 | $400 | $394 | $1,164 |
Rates are averaged for all Volvo V60 models and trim levels. Rates assume a 40-year-old male driver, full coverage with $500 deductibles, and a clean driving record.
How to Buy More Affordable Volvo V60 Insurance
Saving money on Volvo V60 insurance takes being a low-risk driver, having above-average credit, avoid buying unnecessary coverage, and qualifying for all possible discounts. Take the time to comparison shop at least every other year by getting rate quotes from direct insurance companies like Progressive and GEICO, and also from your local independent and exclusive agents.
The items below are a summary of the car insurance concepts touched on in the above illustrations.
- High-risk drivers who have multiple accidents or major violations may pay on average $1,390 more annually to insure their V60
- It is possible to save approximately $140 per year simply by quoting online well ahead of the renewal date
- Increasing deductibles could save up to $450 each year
- Drivers who want more liability coverage will pay around $430 annually to raise limits from a minimum limit to higher 250/500 limits
Rate Tables and Charts
Rates by Driver Age
| Driver Age | Premium |
|---|---|
| 16 | $4,516 |
| 20 | $2,754 |
| 30 | $1,242 |
| 40 | $1,194 |
| 50 | $1,094 |
| 60 | $1,072 |
Full coverage, $500 deductibles
Rates by Deductible
| Deductible | Premium |
|---|---|
| $100 | $1,490 |
| $250 | $1,352 |
| $500 | $1,194 |
| $1,000 | $1,042 |
Full coverage, driver age 40
Rates by Liability Limit
| Liability Limit | Premium |
|---|---|
| 30/60 | $1,194 |
| 50/100 | $1,272 |
| 100/300 | $1,370 |
| 250/500 | $1,623 |
| 100 CSL | $1,311 |
| 300 CSL | $1,526 |
| 500 CSL | $1,682 |
Full coverage, driver age 40
Rates for High Risk Drivers
| Age | Premium |
|---|---|
| 16 | $6,438 |
| 20 | $4,390 |
| 30 | $2,640 |
| 40 | $2,588 |
| 50 | $2,470 |
| 60 | $2,446 |
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 | $63 |
| Multi-vehicle | $63 |
| Homeowner | $18 |
| 5-yr Accident Free | $86 |
| 5-yr Claim Free | $77 |
| Paid in Full/EFT | $53 |
| Advance Quote | $58 |
| Online Quote | $85 |
| Total Discounts | $503 |
Discounts are estimated and may not be available from every company or in every state.
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