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.

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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 V60 is $3,063 per year or $255 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 V60 costs $3,063, whereas the 2023 Volvo V60 costs $3,032 annually. This is $31 less than the 2024 rates.

GEICO offers the cheapest annual rate for 2024 Volvo V60 at $2,410 per year.

Below, we'll look at Volvo V60 insurance rates and show you how to save.

Average insurance cost of Volvo V60 by model year

Year of Volvo V60 modelAverage cost to insure
2024$3,063
2023$3,032
2022$2,804
2021$2,336
2020$2,299
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Compare V60 insurance rates by state

L O A D I N G
CompanyStyleAverage annual premium
State Farm4WD 4 Door Wagon DOHC Super Turbo Hybrid PZEV$2,404
GEICO4WD 4 Door Wagon DOHC Super Turbo Hybrid PZEV$2,533
Nationwide4WD 4 Door Wagon DOHC Super Turbo Hybrid PZEV$3,047
Progressive4WD 4 Door Wagon DOHC Super Turbo Hybrid PZEV$3,411
Allstate4WD 4 Door Wagon DOHC Super Turbo Hybrid PZEV$4,422

Volvo V60 insurance rates per year

2024

2024 Volvo V60 insurance rates

Average cost to insure $3,063
Annual cheapest rate $2,410
Available trims Cross Country B5 Plus, Cross Country B5 Ultimate, T8 Polestar Engineered
RankCompanyAverage annual premium
1GEICO$2,410
2State Farm$2,520
3Nationwide$2,967
4Farmers$3,270
5Allstate$3,519
6Progressive$3,690
2023

2023 Volvo V60 insurance rates

Average cost to insure $3,032
Annual cheapest rate $2,331
Available trims Cross Country B5 Plus, Cross Country B5 Ultimate, T8 Polestar Engineered
RankCompanyAverage annual premium
1GEICO$2,331
2State Farm$2,406
3Nationwide$2,999
4Farmers$3,134
5Progressive$3,638
6Allstate$3,683
2022

2022 Volvo V60 insurance rates

Average cost to insure $2,804
Annual cheapest rate $2,192
Available trims Cross Country T5 Momentum, T8 Polestar Engineered, T8 Polestar Engineered Extended Range
RankCompanyAverage annual premium
1Nationwide$2,192
2State Farm$2,264
3GEICO$2,337
4Progressive$3,218
5Farmers$3,331
6Allstate$3,483
2021

2021 Volvo V60 insurance rates

Average cost to insure $2,336
Annual cheapest rate $1,873
Available trims Cross Country T5 Inscription, Cross Country T5 Momentum, Cross Country T5 R-Design, T5 Inscription, T5 Momentum, T5 R-Design, T8 Polestar Engineered
RankCompanyAverage annual premium
1GEICO$1,873
2Nationwide$1,913
3State Farm$2,119
4Progressive$2,600
5Farmers$2,653
6Allstate$2,855
2020

2020 Volvo V60 insurance rates

Average cost to insure $2,299
Annual cheapest rate $1,830
Available trims Cross Country T5, T5 Inscription, T5 Momentum, T5 R-Design, T8 Polestar Engineered
RankCompanyAverage annual premium
1GEICO$1,830
2State Farm$1,963
3Nationwide$2,151
4Farmers$2,559
5Progressive$2,579
6Allstate$2,714
2019

2019 Volvo V60 insurance rates

Average cost to insure $2,138
Annual cheapest rate $1,715
Available trims T5 Momentum, T5 R-Design, T6 Inscription, T6 Momentum, T6 R-Design
RankCompanyAverage annual premium
1GEICO$1,715
2State Farm$1,974
3Nationwide$2,069
4Farmers$2,330
5Progressive$2,333
6Allstate$2,404
2018

2018 Volvo V60 insurance rates

Average cost to insure $2,130
Annual cheapest rate $1,718
Available trims Cross Country T5, Cross Country T5 Platinum, T5 Dynamic, T6 Polestar, T6 R-Design
RankCompanyAverage annual premium
1GEICO$1,718
2State Farm$1,832
3Progressive$2,153
4Nationwide$2,225
5Farmers$2,285
6Allstate$2,568
2017

2017 Volvo V60 insurance rates

Average cost to insure $1,986
Annual cheapest rate $1,593
Available trims Cross Country T5, Cross Country T5 Platinum, Cross Country T5 Premier, T5, T5 Platinum, T5 Premier, T6 Polestar, T6 R-Design
RankCompanyAverage annual premium
1GEICO$1,593
2State Farm$1,662
3Nationwide$1,885
4Progressive$2,147
5Farmers$2,156
6Allstate$2,470

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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