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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 $3,581 per year or $298 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 2025 Volvo S60 costs $3,581, whereas the 2024 Volvo S60 costs $3,219 annually. This is $362 less than the 2025 rates.

Travelers offers the cheapest annual rate for 2025 Volvo S60 at $1,848 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
2025$3,581
2024$3,219
2023$3,213
2022$3,039
2021$2,886
Graph Icon

Compare S60 insurance rates by state

L O A D I N G
CompanyAverage annual premium
Nationwide$2,046
Travelers$2,198
State Farm$2,517
UAIC$2,737
GEICO$3,145
Mercury Insurance$3,462
Allstate$4,184
Progressive$4,520
AIG$6,605

Volvo S60 insurance rates per year

2025

2025 Volvo S60 insurance rates

Average cost to insure $3,304
Annual cheapest rate $1,848
Available trims B5 Core, B5 Plus, B5 Ultra, B5 Ultra Black Edition, T8 Core
RankCompanyAverage annual premium
1Travelers$1,848
2GEICO$2,788
3State Farm$3,074
4Nationwide$3,662
5Progressive$3,924
6Farmers$4,148
7Allstate$4,677
8USAA$2,307
2024

2024 Volvo S60 insurance rates

Average cost to insure $2,969
Annual cheapest rate $1,792
Available trims B5 Core, B5 Plus, B5 Plus Black Edition, B5 Ultimate, Recharge T8 Core
RankCompanyAverage annual premium
1Travelers$1,792
2GEICO$2,513
3State Farm$2,759
4Nationwide$2,780
5Allstate$3,709
6Progressive$3,902
7Farmers$3,985
8USAA$2,314
2023

2023 Volvo S60 insurance rates

Average cost to insure $2,982
Annual cheapest rate $1,765
Available trims B5 Core Black Edition, B5 Core Dark, B5 Plus Black Edition, B5 Plus Dark, B5 Ultimate Black Edition
RankCompanyAverage annual premium
1Travelers$1,765
2GEICO$2,489
3State Farm$2,661
4Nationwide$2,704
5Progressive$3,841
6Farmers$3,868
7Allstate$3,953
8USAA$2,573
2022

2022 Volvo S60 insurance rates

Average cost to insure $2,883
Annual cheapest rate $1,739
Available trims B5 Inscription, B5 Momentum, B5 R-Design, B5 R-Design Blank Edition, Recharge Plug-In Hybrid T8 Inscription
RankCompanyAverage annual premium
1Travelers$1,739
2GEICO$2,311
3State Farm$2,554
4Nationwide$2,817
5Progressive$3,675
6Allstate$3,706
7Farmers$3,886
8USAA$2,374
2021

2021 Volvo S60 insurance rates

Average cost to insure $2,768
Annual cheapest rate $1,748
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
RankCompanyAverage annual premium
1Travelers$1,748
2GEICO$2,285
3State Farm$2,532
4Nationwide$2,736
5Progressive$3,173
6Allstate$3,571
7Farmers$3,732
8USAA$2,363
2020

2020 Volvo S60 insurance rates

Average cost to insure $2,670
Annual cheapest rate $1,695
Available trims T5 Inscription, T5 Momentum, T5 R-Design, T6 Inscription, T6 Momentum
RankCompanyAverage annual premium
1Travelers$1,695
2GEICO$2,232
3State Farm$2,411
4Nationwide$2,690
5Progressive$3,069
6Allstate$3,405
7Farmers$3,535
8USAA$2,324
2019

2019 Volvo S60 insurance rates

Average cost to insure $2,535
Annual cheapest rate $1,640
Available trims T5 Inscription, T5 Momentum, T5 R-Design, T6 Inscription, T6 Momentum
RankCompanyAverage annual premium
1Travelers$1,640
2GEICO$2,135
3State Farm$2,243
4Nationwide$2,511
5Progressive$2,951
6Allstate$3,239
7Farmers$3,387
8USAA$2,173
2018

2018 Volvo S60 insurance rates

Average cost to insure $2,286
Annual cheapest rate $1,579
Available trims Cross Country T5 Platinum, T5 Dynamic, T5 Inscription, T5 Inscription Platinum, T6 Polestar
RankCompanyAverage annual premium
1Travelers$1,579
2GEICO$1,887
3State Farm$2,080
4Nationwide$2,356
5Progressive$2,512
6Allstate$2,806
7Farmers$3,149
8USAA$1,918

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
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