Prachi Singh
Written by Prachi Singh
Contributing Researcher

Prachi is an insurance writer with a master's degree in business administration. Through her writing, she hopes to help readers make smart and informed decisions about their finances. She loves to travel and write poetry.

+1 others
Leslie Kasperowicz
Reviewed by Leslie Kasperowicz
Executive Editor

Leslie Kasperowicz is an insurance expert with four years of direct agency experience and over a decade of creating educational content to help insurance shoppers make confident, informed decisions.

Prachi Singh Written by Prachi Singh
Contributing Researcher

Prachi is an insurance writer with a master's degree in business administration. Through her writing, she hopes to help readers make smart and informed decisions about their finances. She loves to travel and write poetry.


Leslie Kasperowicz Reviewed by Leslie Kasperowicz
Executive Editor

Leslie Kasperowicz is an insurance expert with four years of direct agency experience and over a decade of creating educational content to help insurance shoppers make confident, informed decisions.


Why you can trust Insurance.com

Car insurance rates vary depending on the make, model and trim level of your vehicle. According to our data analysis, the average cost to insure a Volvo S60 is $3,080 per year or $257 per month. However, your actual rate may be higher or lower depending on things like where you live, your age, your driving record and other personal factors.

The auto insurance rates also change based on the vehicle's model year. For example, the 2024 Volvo S60 costs $3,080, whereas the 2023 Volvo S60 costs $3,025 annually. This is $55 less than the 2024 rates.

GEICO offers the cheapest annual rate for 2024 Volvo S60 at $2,333 per year.

Below, we'll look at Volvo S60 insurance rates and show you how to save.

Average insurance cost of Volvo S60 by model year

Year of Volvo S60 modelAverage cost to insure
2024$3,081
2023$3,025
2022$2,745
2021$2,627
2020$2,557
Graph Icon

Compare S60 insurance rates by state

L O A D I N G
CompanyStyleAverage annual premium
State Farm2WD 4 Door Sedan DOHC Super Turbo Hybrid PZEV$2,460
State Farm4WD 4 Door Sedan DOHC Super Turbo Hybrid PZEV$2,460
State Farm2WD 4 Door Sedan DOHC Super Turbo Hybrid ULEV$2,497
GEICO2WD 4 Door Sedan DOHC Super Turbo Hybrid ULEV$2,561
GEICO2WD 4 Door Sedan DOHC Super Turbo Hybrid PZEV$2,569
Nationwide2WD 4 Door Sedan DOHC Super Turbo Hybrid PZEV$2,575
Nationwide2WD 4 Door Sedan DOHC Super Turbo Hybrid ULEV$2,575
GEICO4WD 4 Door Sedan DOHC Super Turbo Hybrid ULEV$2,609
GEICO4WD 4 Door Sedan DOHC Super Turbo Hybrid PZEV$2,617
Nationwide4WD 4 Door Sedan DOHC Super Turbo Hybrid PZEV$2,650
Nationwide4WD 4 Door Sedan DOHC Super Turbo Hybrid ULEV$2,707
State Farm4WD 4 Door Sedan DOHC Super Turbo Hybrid ULEV$2,768
Progressive2WD 4 Door Sedan DOHC Super Turbo Hybrid PZEV$3,327
Progressive2WD 4 Door Sedan DOHC Super Turbo Hybrid ULEV$3,327
Progressive4WD 4 Door Sedan DOHC Super Turbo Hybrid PZEV$3,327
Progressive4WD 4 Door Sedan DOHC Super Turbo Hybrid ULEV$3,327
Allstate2WD 4 Door Sedan DOHC Super Turbo Hybrid PZEV$5,165
Allstate2WD 4 Door Sedan DOHC Super Turbo Hybrid ULEV$5,165
Allstate4WD 4 Door Sedan DOHC Super Turbo Hybrid PZEV$5,165
Allstate4WD 4 Door Sedan DOHC Super Turbo Hybrid ULEV$5,165

Volvo S60 insurance rates per year

2024

2024 Volvo S60 insurance rates

Average cost to insure $3,081
Annual cheapest rate $2,333
Available trims B5 Core, B5 Plus, B5 Plus Black Edition, B5 Ultimate, Recharge T8 Core, Recharge T8 Plus, Recharge T8 Plus Black Edition, Recharge T8 Ultimate, Recharge T8 Ultimate Black Edition
RankCompanyAverage annual premium
1GEICO$2,333
2State Farm$2,562
3Nationwide$3,167
4Progressive$3,309
5Farmers$3,345
6Allstate$3,767
2023

2023 Volvo S60 insurance rates

Average cost to insure $3,025
Annual cheapest rate $2,276
Available trims B5 Core Black Edition, B5 Core Dark, B5 Plus Black Edition, B5 Plus Dark, B5 Ultimate Black Edition, B5 Ultimate Bright, B5 Ultimate Dark, Recharge T8 Core Black Edition, Recharge T8 Core Dark, Recharge T8 Plus Black Edition, Recharge T8 Plus Dark, Recharge T8 Ultimate Black Edition, Recharge T8 Ultimate Bright, Recharge T8 Ultimate Dark, T8 Polestar Engineered
RankCompanyAverage annual premium
1GEICO$2,276
2State Farm$2,448
3Progressive$3,181
4Nationwide$3,272
5Farmers$3,279
6Allstate$3,692
2022

2022 Volvo S60 insurance rates

Average cost to insure $2,745
Annual cheapest rate $2,135
Available trims B5 Inscription, B5 Momentum, B5 R-Design, B5 R-Design Blank Edition, Recharge Plug-In Hybrid T8 Inscription, Recharge Plug-In Hybrid T8 R-Design, Recharge Plug-In Hybrid T8 R-Design Black Edition, Recharge Plug-In Hybrid T8 R-Design Expression, T8 Polestar Engineered
RankCompanyAverage annual premium
1GEICO$2,135
2Nationwide$2,242
3State Farm$2,286
4Farmers$3,150
5Progressive$3,199
6Allstate$3,460
2021

2021 Volvo S60 insurance rates

Average cost to insure $2,627
Annual cheapest rate $2,142
Available trims Recharge Plug-In Hybrid T8 Inscription, Recharge Plug-In Hybrid T8 R-Design, Recharge Plug-In Hybrid T8 R-Design Expression, T5 Inscription, T5 Momentum, T5 R-Design, T6 Inscription, T6 Momentum, T6 R-Design, T8 Polestar Engineered
RankCompanyAverage annual premium
1GEICO$2,142
2Nationwide$2,215
3State Farm$2,293
4Progressive$2,757
5Farmers$3,037
6Allstate$3,320
2020

2020 Volvo S60 insurance rates

Average cost to insure $2,557
Annual cheapest rate $2,105
Available trims T5 Inscription, T5 Momentum, T5 R-Design, T6 Inscription, T6 Momentum, T6 R-Design, T8 Inscription Twin Engine Plug-In Hybrid, T8 Polestar Engineered, T8 R-Design Twin Engine Plug-In Hybrid
RankCompanyAverage annual premium
1GEICO$2,105
2State Farm$2,190
3Nationwide$2,282
4Progressive$2,703
5Farmers$2,909
6Allstate$3,153
2019

2019 Volvo S60 insurance rates

Average cost to insure $2,429
Annual cheapest rate $1,989
Available trims T5 Inscription, T5 Momentum, T5 R-Design, T6 Inscription, T6 Momentum, T6 R-Design, T8 Inscription Twin Engine Plug-In Hybrid, T8 R-Design Twin Engine Plug-In Hybrid
RankCompanyAverage annual premium
1GEICO$1,989
2State Farm$2,014
3Nationwide$2,226
4Progressive$2,579
5Farmers$2,801
6Allstate$2,966
2018

2018 Volvo S60 insurance rates

Average cost to insure $2,172
Annual cheapest rate $1,718
Available trims Cross Country T5 Platinum, T5 Dynamic, T5 Inscription, T5 Inscription Platinum, T6 Polestar, T6 R-Design Platinum
RankCompanyAverage annual premium
1GEICO$1,718
2State Farm$1,834
3Nationwide$2,063
4Progressive$2,244
5Allstate$2,567
6Farmers$2,604
2017

2017 Volvo S60 insurance rates

Average cost to insure $2,066
Annual cheapest rate $1,657
Available trims Cross Country T5 Platinum, T5 Dynamic, T5 Inscription, T5 Inscription Platinum, T6 Polestar, T6 R-Design Platinum
RankCompanyAverage annual premium
1GEICO$1,657
2State Farm$1,757
3Nationwide$1,856
4Progressive$2,164
5Farmers$2,474
6Allstate$2,490

Methodology

Data was fielded by Quadrant Information Services across all 50 states and Washington, D.C. for 1,161 vehicle models. More than 67 million data points from 57 insurance companies were analyzed.

Unless otherwise indicated, averages are based on our full coverage data set. This data set is based on:

  • Bodily injury liability of $100,000 per person and $300,000 per incident
  • Property damage liability of $100,000 per incident
  • Comprehensive and collision deductibles of $500
  • 40-year-old driver
  • Honda Accord LX
  • Good credit
  • A clean driving record
  • 12-mile commute, 10,000 annual mileage
x
What can we help you find?