Volvo S60 Car Insurance: How Much Should You Expect to Pay?

Quick Facts

• A Volvo S60 is less expensive to insure than the average car.
• Liability only auto insurance prices for a S60 average about $82 monthly, while full coverage normally runs around $171.
• The most affordable insurance carrier for a S60 is Commonwealth Casualty, who offers rates sometimes as little as $41 a month.

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S60 Overview

The Volvo S60 is a great budget-friendly car for drivers of all types, with a base price of just $37,750 for 2021 models. There are nine different trim levels currently offered, so there's something there for every driver.

We sifted through thousands of auto insurance quotes on Compare.com, and we've found that Volvo S60 car insurance premiums are about $175 monthly, on average. But how does that compare to other cars on the market?

How Much is Car Insurance for a Volvo S60?

If you look at the table above, you'll find that compared to other vehicles on the road, Volvo S60 insurance prices are around average. On average, S60 drivers will pay about $171 a month for full coverage, which has comprehensive and collision coverages in addition to liability, and about $82 per month for liability only insurance (learn more about these different types of insurance with our guide "State Minimum vs. Full Coverage").

Compared to other models, the S60 is more expensive, with premiums around 16% higher than Volvo's other vehicle offerings. But compared to other vehicles of a similar body style, S60 coverage is more affordable than average, with both full coverage and liability only insurance averaging less expensive rates than other cars.

When compared to all vehicles, regardless of make, model, or body style, insurance prices for both liability only and full coverage policies run more affordable than average.

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Who has the Cheapest Car Insurance for a Volvo S60?

Looking for a car insurance policy for your Volvo S60? You might want to know which company offers the cheapest rates. Although premiums can shift pretty dramatically from person to person, the cheapest average rates for liability only insurance are as little as $25 monthly from MetLife and Hugo.

Finishing off the rest of the top 5 are Elephant, Commonwealth Casualty, and Sun Coast. However, just because these five companies offer the lowest average rates doesn't necessarily mean they'll be the cheapest carriers for you and your unique insurance profile.

After all, car insurance companies look at a bunch of variables when calculating rates, so your results might be different. By analyzing quotes from a range of auto insurance carriers at once, you can guarantee you're finding the lowest rate.

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What Factors Affect Car Insurance Rates for a Volvo S60?

There are several things that insurance companies use to decide how much to charge -- and every carrier weighs certain factors more than others, so there's not one company that's the most affordable for each S60 owner.

The following sections show a multitude of factors car insurance carriers use to calculate rates:

Vehicle Age

The Volvo S60 has been around for a while -- that means vehicle age can play a role in what you end up paying for auto insurance. Generally, older cars will be cheaper to insure because they're worth less than newer models, and as time goes on and S60s begin to depreciate, insurance costs will gradually go down.

From the table above, you can see the Volvo S60 does not follow this trend, as the cheapest models to insure are those that are 2 to 3 years old, while the most expensive models are 15 years old or more, on average.

Your Age

Age is another variable that makes a big difference in how much insurance companies will charge you for a policy. Based on the information above, drivers with more experience pay less than younger drivers. Volvo S60 drivers under 18 actually pay more than twice as much as those 25 or older.

Insurance prices continue to decrease as you get older, with the cheapest age group being 65 years and older for S60 drivers.

Your Gender

Because women are less likely to get tickets and get into collisions, they run a lower risk of filing a claim with insurance. So, women tend to get cheaper rates than men. When it comes to S60 drivers specifically, men pay about 27% more than women per month for auto insurance.

Where You Live

You're probably already aware that variables like how old you are and what vehicle you drive play a role in your car insurance rates, but did you know that where you live matters just as much? Since auto insurance is regulated at the state level, prices differ quite a bit from state to state.

For example, the average Volvo S60 driver from New York pays around $152 a month for liability coverage, while on average, the same Californian owner will pay less than 50% of that price. The chart shows average rates for the top 10 most populous states, just to give you a good idea of how much premiums can change depending on where you live.

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Volvo S60 Car Insurance Discounts

No matter your age, your car, or your home state, it's always a good idea to take advantage of as many car insurance discounts as possible.

Even though all insurance carriers offer their own unique discounts, there are a few different ones that you'll find with most companies. These include discounts like:

• Vehicle safety discounts for having a vehicle with higher than average safety ratings or one with certain safety features (like anti-lock brakes or air bags)
• Defensive driving discounts for taking a defensive driving class from an accredited school or institution
• Multi-policy discounts for using the same insurance carrier for both your home and auto insurance
• Pay-in-full discounts for agreeing to pay your entire policy rate at once, rather than in monthly installments

While discounts are always a good way to save money on your car insurance, sometimes, the best way to get the cheapest rates is by strengthening your overall insurance profile that carriers look at. This includes things like avoiding lapses in coverage, not having recent insurance claims, and driving safely.

Although you can't control every single aspect of your insurance profile (like some of the pieces we mentioned above), there is quite a bit of it that you can influence. Below are just a few of the factors you can use to your favor when it comes to saving some cash:

Your Driving Record

You've most likely heard ads from auto insurance carriers promoting large discounts for safe drivers. It makes sense that if you get into a collision or get tickets, car insurance rates will increase. But you're probably wondering exactly how much these infractions will cost you.

According to the table above, accidents will usually cost S60 drivers more than tickets, but both will result in above average rates. Volvo S60 drivers with one ticket will pay about $94 monthly, while drivers with a single accident on their record pay an average of $105 per month (up $23 from the $82/mo. overall average). The rates only go higher the more accidents you have or tickets you get.

How Much You Drive

How much you drive plays a role when it comes to your insurance premiums. Those who are on the roads less often are more likely to go accident-free, so they'll typically end up paying less for auto insurance. Above, you can see that Volvo S60 owners who drive fewer than 2,500 miles every year pay about $76 per month for insurance, while those who put 10,000 miles or more on their cars pay $80.

If you don't drive much because have a second vehicle or you work from home, you might consider learning about usage-based or pay-per-mile auto insurance policies. With these kinds of policies, you pay a small monthly amount, and your final monthly bill is calculated based on how many miles you drove.

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How Do Volvo S60s Compare to Other Vehicles?

If you're considering purchasing a Volvo S60, it might be helpful to do your homework. Car insurance is just one cost that's associated with a new car purchase, but it's definitely one that's worth taking into consideration.

Review the table below to see how the Volvo S60 stacks up:

Overall, the Volvo S60 has an MSRP that's on par with the going rate for a new vehicle. The average vehicle price in the U.S. is $46,296, and the S60 comes in close to that at $37,750.

Although the purchase price is right in the middle of the spectrum, car insurance prices run above average when compared to other vehicles on the market. Full coverage insurance for a Volvo S60 is about $228 per month more than average, while liability only coverage is a month.

When it comes to usage, Volvo S60 owners drive fewer miles annually than the national average, with 10,526 miles each year compared to 11,617 for all vehicles.

Volvo S60 Car Insurance Costs by Model Year

So far, you've seen how different things have an impact on what you'll pay for auto insurance. If you're in the market for a new car, truck, or SUV and the S60 is on your wishlist, having a good idea of how much you'll likely pay can be extremely helpful as you weigh your options.

Choose Your Model

2021 Volvo S60 Car Insurance 2020 Volvo S60 Car Insurance 2019 Volvo S60 Car Insurance 2018 Volvo S60 Car Insurance 2017 Volvo S60 Car Insurance 2016 Volvo S60 Car Insurance 2015 Volvo S60 Car Insurance 2014 Volvo S60 Car Insurance 2013 Volvo S60 Car Insurance 2012 Volvo S60 Car Insurance 2011 Volvo S60 Car Insurance

2021 Volvo S60 Car Insurance

2021 S60 drivers can expect to pay an average of $168 monthly for liability or $397 for full coverage.

Looking for the cheapest policy? DirectGeneral offered liability only coverage for as little as just $34 a month.

Want to find the lowest rates? Just enter your ZIP code below to get several free personalized quotes.

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2020 Volvo S60 Car Insurance

It costs around $62 per month for liability or $171 for a full coverage policy for the 2020 Volvo S60.

Commonwealth Casualty offered the cheapest policy we found, with rates as cheap as just $34 a month.

If you want more accurate quotes of how much you can expect to pay, just enter your ZIP code below and get free quotes in minutes.

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2019 Volvo S60 Car Insurance

On average, drivers who own a 2019 S60 can expect to pay $61 to $171 per month for liability only and full coverage car insurance, respectively.

We found Hugo offered the most affordable policy, with rates sometimes as low as $25 monthly.

If you want to know just how much your premium will be, get free quotes in minutes by just entering your ZIP code below.

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2018 Volvo S60 Car Insurance

You can expect full coverage for a 2018 Volvo S60 to run about $149 per month, while liability only coverage will average around $72 monthly.

With prices sometimes as cheap as $41 a month, DirectGeneral offered the cheapest policy we found for the 2018 Volvo S60.

If you want to know exactly how much you can expect to pay for your S60, just enter your ZIP code below and get free quotes in minutes.

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2017 Volvo S60 Car Insurance

The average cost to insure a 2017 S60 with liability only coverage is $90 per month, while full coverage runs about $213 monthly.

If you're looking for the lowest possible 2017 Volvo S60 insurance policy, Liberty Mutual offered the most affordable policy we found, with rates as low as just $27 a month.

These average rates are a great starting point if you're in the market for a 2017 Volvo S60, but there are a range of different variables that go into calculating your policy rates. If you want to figure out exactly what you'll be asked to pay, get customized quotes by entering your ZIP below.

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2016 Volvo S60 Car Insurance

It costs around $54 monthly for liability or $150 for a full coverage policy for the 2016 Volvo S60.

With premiums as cheap as $23 a month, MetLife offered the lowest policy we found.

Interested in exactly how much you'll pay? Enter your ZIP code below to get a variety of personalized quotes for free.

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2015 Volvo S60 Car Insurance

You can expect full coverage for a 2015 S60 to run about $167 per month, while liability only coverage will average around $65 a month.

Liberty Mutual has prices as low as $20 monthly for the 2015 Volvo S60.

And if you want more accurate rates tailored specifically to you, just enter your ZIP code below and get free quotes in minutes.

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2014 Volvo S60 Car Insurance

On average, drivers who own a 2014 Volvo S60 can expect to pay $93 to $188 per month for liability only and full coverage auto insurance, respectively.

Looking for the cheapest policy? Shelter Mutual offered liability only coverage for as little as $25 a month.

If you're looking for a more exact figure on what you should pay for insurance for a 2014 Volvo S60, you can get free quotes in minutes by just entering your ZIP code below.

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2013 Volvo S60 Car Insurance

2013 S60 drivers can expect to pay an average of $68 monthly for liability or $164 for full coverage.

Sun Coast has rates sometimes as little as $23 per month for the 2013 Volvo S60.

What could your car insurance price look like? Just enter your ZIP code below to get lots of customized quotes for free.

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2012 Volvo S60 Car Insurance

The average cost to insure a 2012 Volvo S60 with liability only coverage is $85 a month, while full coverage runs about $166 per month.

Clearcover offered the most affordable policy we found, with rates sometimes as low as $17 monthly.

While these are good estimates of what the average driver might pay to insure a 2012 Volvo S60, these prices might differ based on your driver profile. Get free personalized quotes in minutes by just entering your ZIP code below.

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2011 Volvo S60 Car Insurance

2011 S60 drivers can expect to pay an average of $71 a month for liability or $123 for full coverage.

With rates as cheap as $33 per month, Workmens offered the lowest policy we found for the 2011 Volvo S60.

If you want to know exactly how much you can expect to pay for your S60, get free quotes in minutes by just entering your ZIP code below.

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Volvo S60 Insurance FAQs

Is a Volvo S60 expensive to insure?

Liability insurance runs an average of $82 monthly, while full coverage will cost you around $171. The Volvo S60 is relatively cheap to insure compared to the average car.

How can I get the best price on car insurance for my Volvo S60?

There's only one way to guarantee you're getting the most affordable rates -- regularly shopping around and getting quotes. It's recommended to review quotes every 6 months or so. Luckily, sites like Compare.com let you compare premiums from numerous companies at once, meaning you can find the lowest rates (or guarantee you already have the best deal) for free.

Does the color of my Volvo S60 affect my insurance rates?

Have you heard the old adage that red cars cost more to insure before? Well, that's actually not the case. While there are many factors auto insurance carriers think about when they offer you a premium, your S60's color is not factored into that equation.

Do I need to have insurance before I buy a Volvo S60?

You'll need to have an insurance policy in place before you can legally driver your new (or new to you) vehicle off the dealership lot. Some dealerships might offer you an auto insurance policy as part of the car-buying process, but your best bet is letting your car insurance company know beforehand.

What car insurance discounts can I get for my Volvo S60?

There are a variety of discounts out there for insurance. Many of them (like "multi-vehicle discounts" and "safe driver discounts") are based less on your Volvo S60 and more on you, but if your S60 has safety features like airbags, anti-lock brakes, anti-theft systems, and other features, it may be eligible for certain discounts. The only way to be certain is to reach out to your insurance carrier and ask about their discounts.