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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 V60 is $3,960 per year or $330 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 V60 costs $3,960, whereas the 2024 Volvo V60 costs $3,372 annually. This is $588 less than the 2025 rates.

Travelers offers the cheapest annual rate for 2025 Volvo V60 at $1,801 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
2025$3,960
2024$3,372
2023$3,298
2022$3,196
2021$2,582
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Compare V60 insurance rates by state

L O A D I N G
CompanyAverage annual premium
Nationwide$1,783
Travelers$2,035
State Farm$2,257
UAIC$2,732
Mercury Insurance$3,063
GEICO$4,558
Progressive$4,867
AIG$6,823
Allstate$10,387

Volvo V60 insurance rates per year

2025

2025 Volvo V60 insurance rates

Average cost to insure $3,745
Annual cheapest rate $1,801
Available trims Cross Country B5 Plus, Cross Country B5 Ultra, T8 Polestar Engineered
RankCompanyAverage annual premium
1Travelers$1,801
2State Farm$3,217
3Nationwide$3,489
4Progressive$3,931
5GEICO$3,995
6Farmers$4,447
7Allstate$5,556
8USAA$3,520
2024

2024 Volvo V60 insurance rates

Average cost to insure $3,070
Annual cheapest rate $1,682
Available trims Cross Country B5 Plus, Cross Country B5 Ultimate, T8 Polestar Engineered
RankCompanyAverage annual premium
1Travelers$1,682
2GEICO$2,526
3State Farm$2,724
4Nationwide$3,106
5Allstate$3,780
6Progressive$4,083
7Farmers$4,099
8USAA$2,563
2023

2023 Volvo V60 insurance rates

Average cost to insure $3,022
Annual cheapest rate $1,652
Available trims Cross Country B5 Plus, Cross Country B5 Ultimate, T8 Polestar Engineered
RankCompanyAverage annual premium
1Travelers$1,652
2GEICO$2,516
3Nationwide$2,632
4State Farm$2,660
5Allstate$3,978
6Progressive$4,022
7Farmers$4,023
8USAA$2,695
2022

2022 Volvo V60 insurance rates

Average cost to insure $2,935
Annual cheapest rate $1,680
Available trims Cross Country T5 Momentum, T8 Polestar Engineered, T8 Polestar Engineered Extended Range
RankCompanyAverage annual premium
1Travelers$1,680
2GEICO$2,468
3State Farm$2,610
4Nationwide$2,629
5Progressive$3,562
6Allstate$3,705
7Farmers$4,148
8USAA$2,678
2021

2021 Volvo V60 insurance rates

Average cost to insure $2,458
Annual cheapest rate $1,552
Available trims Cross Country T5 Inscription, Cross Country T5 Momentum, Cross Country T5 R-Design, T5 Inscription, T5 Momentum
RankCompanyAverage annual premium
1Travelers$1,552
2GEICO$2,048
3Nationwide$2,288
4State Farm$2,296
5Progressive$2,927
6Allstate$3,103
7Farmers$3,292
8USAA$2,156
2020

2020 Volvo V60 insurance rates

Average cost to insure $2,398
Annual cheapest rate $1,519
Available trims Cross Country T5, T5 Inscription, T5 Momentum, T5 R-Design, T8 Polestar Engineered
RankCompanyAverage annual premium
1Travelers$1,519
2GEICO$2,009
3State Farm$2,204
4Nationwide$2,378
5Progressive$2,878
6Allstate$2,984
7Farmers$3,181
8USAA$2,029
2019

2019 Volvo V60 insurance rates

Average cost to insure $2,235
Annual cheapest rate $1,486
Available trims T5 Momentum, T5 R-Design, T6 Inscription, T6 Momentum, T6 R-Design
RankCompanyAverage annual premium
1Travelers$1,486
2GEICO$1,890
3State Farm$2,130
4Nationwide$2,188
5Allstate$2,686
6Progressive$2,712
7Farmers$2,952
8USAA$1,838
2018

2018 Volvo V60 insurance rates

Average cost to insure $2,209
Annual cheapest rate $1,480
Available trims Cross Country T5, Cross Country T5 Platinum, T5 Dynamic, T6 Polestar, T6 R-Design
RankCompanyAverage annual premium
1Travelers$1,480
2GEICO$1,892
3Nationwide$2,027
4State Farm$2,043
5Progressive$2,479
6Allstate$2,836
7Farmers$2,933
8USAA$1,981

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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