Volvo XC60 Car Insurance Cost
To insure a Volvo XC60, the annual cost is approximately $2,299 with Nationwide. However, insurance expenses vary based on factors such as age, car model year, and other considerations. You can use the quote tables provided below to determine the specific cost tailored to your situation.
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The average annual cost to insure a 2025 Volvo XC60 is approximately $2,299, or about $192 per month. This positions the XC60 as a moderately priced option within the luxury SUV segment.
However, insurance premiums can vary based on factors such as the driver’s age, location, driving history, and the specific model year of the vehicle.
For instance, younger drivers or those residing in areas with higher traffic density may face increased rates. Conversely, experienced drivers with clean records in less congested regions might benefit from lower premiums. It’s advisable to compare quotes from multiple insurers to secure the most competitive rate for your specific circumstances.
How Much Does Volvo XC60 Car Insurance Cost?
Nationwide typically provides the best deal, with an average annual rate of $2,299 for full coverage insurance on a 2024 Volvo XC60.
Car insurance rates are influenced by a wide range of personal and vehicle-related factors. Your location, driving history, and the specific model year of your Volvo all contribute to how much you’ll pay. Drivers with clean records typically enjoy lower premiums, while those with past accidents or traffic violations may face higher costs.
Living in a busy city with high traffic and accident rates often results in more expensive insurance than living in a rural area. The type of coverage you choose also matters—comprehensive policies that include both collision and non-collision damage cost more than minimum liability plans.
As illustrated in the table below, the Volvo XC60 has a lower average insurance cost compared to other Volvo models. It’s also more affordable to insure than many other vehicles on the market. To help you find the best rate, Insuranceopedia makes it easy to compare personalized quotes from top insurers—all in one place.
| Vehicle | Average Monthly Premium |
| Volvo XC60 | $136 |
| All Volvos | $150 |
| All Cars | $175 |
Average Insurance Cost Of Volvo XC60 Model Year
| Model Year | Average Premium |
| 2025 Volvo XC60 | $1,752 |
| 2024 Volvo XC60 | $2,770 |
| 2023 Volvo XC60 | $1,841 |
| 2022 Volvo XC60 | $1,079 |
| 2021 Volvo XC60 | $1,250 |
| 2020 Volvo XC60 | $1,087 |
| 2019 Volvo XC60 | $885 |
| 2018 Volvo XC60 | $901 |
| 2017 Volvo XC60 | $764 |
| 2016 Volvo XC60 | $1,045 |
| 2015 Volvo XC60 | $589 |
| 2014 Volvo XC60 | $949 |
| 2013 Volvo XC60 | $578 |
| 2012 Volvo XC60 | $713 |
| 2011 Volvo XC60 | $724 |
| 2010 Volvo XC60 | $621 |
2025 Volvo XC60 Insurance Rates
The average annual insurance cost for a 2025 Volvo XC60 is $1,752. However, Nationwide offers the cheapest rates, averaging $630 per year.
| Insurance Provider | Average Annual Cost |
| Unitrin | $2,100 |
| Nationwide | $630 |
| National General RAD | $1,950 |
| Safeco | $1,330 |
| Dairyland Auto | $2,400 |
| State Farm | $1,980 |
| NatGen Value | $880 |
| Travelers | $2,150 |
| California Capital | $2,280 |
| USAA | $1,820 |
2024 Volvo XC60 Insurance Rates
The average annual insurance cost for a 2024 Volvo XC60 is $2,021. However, Nationwide offers the cheapest rates, averaging $817 per year.
| Insurance Provider | Average Annual Cost |
| USAA | $1,895 |
| Auto Club | $2,545 |
| Mercury | $2,230 |
| State Farm | $2,048 |
| Nationwide | $817 |
| Unitrin | $2,041 |
| Safeco | $1,717 |
| Allstate | $2,371 |
| Metropolitan | $2,375 |
| California Capital | $2,168 |
2023 Volvo XC60 Insurance Rates
The average annual insurance cost for a 2023 Volvo XC60 is $1,841. However, Liberty Mutual offers the cheapest rates, averaging $902 per year.
| Insurance Provider | Average Annual Cost |
| Nationwide | $1,371 |
| CSAA | $2,421 |
| Erie | $2,207 |
| USAA | $2,075 |
| Liberty Mutual | $902 |
| Unitrin | $1,534 |
| Plymouth Rock | $1,107 |
| 21st Century | $2,341 |
| Farmers | $2,360 |
| California Capital | $2,091 |
2022 Volvo XC60 Insurance Rates
The average annual insurance cost for a 2022 Volvo XC60 is $1,079. However, Safeco offers the cheapest rates, averaging $139 per year.
| Insurance Provider | Average Annual Cost |
| Texas Farm Bureau Group | $485 |
| New Jersey Manufacturers | $1,649 |
| Erie | $1,424 |
| Nationwide | $1,310 |
| Safeco | $139 |
| National General | $932 |
| Mercury Insurance | $448 |
| USAA | $1,500 |
| Direct Auto | $1,554 |
| Virginia Farm Bureau | $1,348 |
2021 Volvo XC60 Insurance Rates
The average annual insurance cost for a 2021 Volvo XC60 is $1,250. However, North Carolina Farm Bureau offers the cheapest rates, averaging $828 per year.
| Insurance Provider | Average Annual Cost |
| Direct Auto | $1,060 |
| Texas Farm Bureau Group | $1,571 |
| New Jersey Manufacturers | $1,396 |
| PEMCO | $1,284 |
| North Carolina Farm Bureau | $828 |
| SECURA Insurance | $1,196 |
| Kemper Auto | Infinity | $1,016 |
| Mercury Insurance | $1,397 |
| Auto-Owners Insurance Co | $1,484 |
| Capital Insurance Group | $1,264 |
2020 Volvo XC60 Insurance Rates
The average annual insurance cost for a 2020 Volvo XC60 is $1,087. However, American National P offers the cheapest rates, averaging $448 per year.
| Insurance Provider | Average Annual Cost |
| Plymouth Rock Assurance | $893 |
| Southern Farm Bureau | $1,506 |
| Mercury Insurance | $1,234 |
| Arbella Insurance Group | $1,001 |
| American National P | $448 |
| Norfolk and Dedham Group | $1,012 |
| Safety Group | $719 |
| Auto-Owners Insurance Co | $1,348 |
| Vermont Mutual | $1,471 |
| ACE American Pool | $1,236 |
2019 Volvo XC60 Insurance Rates
The average annual insurance cost for a 2019 Volvo XC60 is $885. However, Mercury Insurance offers the cheapest rates, averaging $234 per year.
| Insurance Provider | Average Annual Cost |
| Texas Farm Bureau Group | $731 |
| Donegal Mutual Insurance Co | $1,165 |
| Southern Farm Bureau | $1,082 |
| Atlantic States Insurance | $1,015 |
| Mercury Insurance | $234 |
| New Jersey Manufacturers | $741 |
| Pekin Insurance | $581 |
| MO Farm Bureau Services | $1,163 |
| Rockford Mutual Insurance | $1,143 |
| Kemper Auto | Infinity | $995 |
2018 Volvo XC60 Insurance Rates
The average annual insurance cost for a 2018 Volvo XC60 is $901. However, Liberty Mutual offers the cheapest rates, averaging $581 per year.
| Insurance Provider | Average Annual Cost |
| Dairyland Auto | $673 |
| Safety Group | $1,155 |
| New Jersey Manufacturers | $1,066 |
| Atlantic States Insurance | $891 |
| Liberty Mutual | $581 |
| Direct Auto | $805 |
| Virginia Farm Bureau | $682 |
| Safeco | $1,100 |
| Norfolk and Dedham Group | $1,082 |
| Cincinnati Insurance | $979 |
2017 Volvo XC60 Insurance Rates
The average annual insurance cost for a 2017 Volvo XC60 is $764. However, Safeco offers the cheapest rates, averaging $114 per year.
| Insurance Provider | Average Annual Cost |
| Mercury Insurance | $584 |
| Direct Auto | $1,061 |
| Hastings Mutual Insurance Co | $913 |
| Virginia Farm Bureau | $901 |
| Safeco | $114 |
| Western Reserve | $792 |
| Buckeye Insurance Group | $400 |
| Ohio Mutual Ins Group | $941 |
| Texas Farm Bureau Group | $1,000 |
| Celina Insurance Group | $934 |
Find Affordable Volvo XC60 Car Insurance
2016 Volvo XC60 Insurance Rates
The average annual insurance cost for a 2016 Volvo XC60 is $1,045. However, Kemper Auto | Infinity offers the cheapest rates, averaging $289 per year.
| Insurance Provider | Average Annual Cost |
| Wolverine Mutual | $830 |
| CSAA | $1,539 |
| Hastings Mutual Insurance Co | $1,379 |
| SECURA Insurance | $1,026 |
| Kemper Auto | Infinity | $289 |
| Farm Bureau Mutual (IA Group) | $861 |
| Pekin Insurance | $556 |
| Clearcover | $1,414 |
| National General Value | $1,503 |
| Indiana Farmers Mutual Ins | $1,051 |
2015 Volvo XC60 Insurance Rates
The average annual insurance cost for a 2015 Volvo XC60 is $589. However, Safeco offers the cheapest rates, averaging $187 per year.
| Insurance Provider | Average Annual Cost |
| American National P | $465 |
| Preferred Mutual | $800 |
| Wolverine Mutual | $729 |
| Tennessee Farmers | $661 |
| Safeco | $187 |
| Safety Group | $496 |
| Mercury Insurance | $239 |
| Norfolk and Dedham Group | $779 |
| Arbella Insurance Group | $808 |
| North Carolina Farm Bureau | $721 |
2014 Volvo XC60 Insurance Rates
The average annual insurance cost for a 2014 Volvo XC60 is $949 However, New York Central Mutual Fire offers the cheapest rates, averaging $444 per year.
| Insurance Provider | Average Annual Cost |
| North Carolina Farm Bureau | $809 |
| USAA | $1,179 |
| SECURA Insurance | $1,120 |
| Atlantic States Insurance | $1,060 |
| New York Central Mutual Fire | $444 |
| Preferred Mutual | $847 |
| Erie | $715 |
| Texas Farm Bureau Group | $1,125 |
| Penn National | $1,144 |
| GMAC Insurance Group | $1,051 |
2013 Volvo XC60 Insurance Rates
The average annual insurance cost for a 2013 Volvo XC60 is $578 However, Safeco offers the cheapest rates, averaging $170 per year.
| Insurance Provider | Average Annual Cost |
| SafeAuto | $364 |
| Texas Farm Bureau Group | $1,005 |
| Buckeye Insurance Group | $788 |
| Pekin Insurance | $524 |
| Safeco | $170 |
| Kemper Auto | Infinity | $330 |
| American National P | $261 |
| Southern Farm Bureau | $821 |
| Indiana Farmers Mutual Ins | $870 |
| Plymouth Rock | $647 |
2012 Volvo XC60 Insurance Rates
The average annual insurance cost for a 2012 Volvo XC60 is $713 However, Safeco offers the cheapest rates, averaging $422 per year.
| Insurance Provider | Average Annual Cost |
| National General Value | $518 |
| First Chicago Insurance | $927 |
| SECURA Insurance | $866 |
| Pekin Insurance | $730 |
| Safeco | $422 |
| North Carolina Farm Bureau | $686 |
| Direct Auto | $479 |
| State Auto | $864 |
| GMAC Insurance Group | $887 |
| National General | $746 |
2011 Volvo XC60 Insurance Rates
The average annual insurance cost for a 2011 Volvo XC60 is $724 However, Safeco offers the cheapest rates, averaging $192 per year.
| Insurance Provider | Average Annual Cost |
| Dairyland | $624 |
| SECURA Insurance | $939 |
| First Chicago Insurance | $866 |
| Pekin Insurance | $787 |
| Safeco | $192 |
| NatGen Value | $694 |
| Buckeye Insurance Group | $604 |
| Georgia Farm Bureau | $804 |
| MO Farm Bureau Services | $949 |
| New Jersey Manufacturers | $776 |
2010 Volvo XC60 Insurance Rates
The average annual insurance cost for a 2010 Volvo XC60 is $621 However, Mercury Insurance offers the cheapest rates, averaging $220 per year.
| Insurance Provider | Average Annual Cost |
| Safeco | $363 |
| Virginia Farm Bureau | $874 |
| Pekin Insurance | $749 |
| Atlantic States Insurance | $668 |
| Mercury Insurance | $220 |
| Dairyland | $672 |
| American National P | $331 |
| National General Value | $771 |
| Southern Farm Bureau | $833 |
| Texas Farm Bureau Group | $729 |
Find Affordable Volvo XC60 Car Insurance
Are Volvo XC60s expensive to insure?
Whether a Volvo XC60 feels expensive to insure depends on the benchmark you use. Most owners will therefore land somewhere between $45 and $190 monthly. Factors such as age, credit, accident history and the chosen B5, Recharge or Polestar trim can swing rates dramatically, but the XC60’s solid safety record keeps premiums competitive for careful drivers in most U.S. states today.
Cost of Volvo XC60 Car Insurance By Age
Your age has a major influence on how much you’ll pay for car insurance. Teen drivers face the steepest premiums because they’re statistically more likely to be involved in accidents. Insurers view them as high-risk due to limited driving experience. As drivers gain more experience—especially into their late 20s and 30s—premiums typically drop. The lowest rates are often offered to drivers in their 40s and 50s who maintain clean records. However, rates can begin to rise again for older adults in their 70s, as age-related changes may increase accident risk.
| Drive Age | Good Driver | Recent Accident | Poor Credit |
| 17 | $7,609 | $11,192 | $13,103 |
| 18 | $7,072 | $10,388 | $12,190 |
| 19 | $6,248 | $9,189 | $10,763 |
| 20 | $5,468 | $8,026 | $9,392 |
| 21 | $4,613 | $6,737 | $7,877 |
| 22 | $4,481 | $6,549 | $7,675 |
| 23 | $3,903 | $5,724 | $6,718 |
| 24 | $3,712 | $5,426 | $6,386 |
| 25 | $3,198 | $4,688 | $5,529 |
| 30 | $2,511 | $3,698 | $4,282 |
| 35 | $2,380 | $3,427 | $3,987 |
| 40 | $2,271 | $3,307 | $3,901 |
| 45 | $2,169 | $3,230 | $3,747 |
| 55 | $1,991 | $2,919 | $3,429 |
| 65 | $2,079 | $3,069 | $3,585 |
| 75 | $2,627 | $3,883 | $4,541 |
Volvo XC60 Car Insurance Rates By State
Where you live plays a significant role in how insurance companies calculate rates. Each state regulates its own auto insurance; for example, Michigan drivers tend to pay higher premiums because the state mandates higher levels of coverage. Additionally, each location has a unique climate. Some states experience extreme weather, such as hurricanes, storms, and flooding.
Moreover, each area has its own statistics on crime and auto accidents, including car thefts, crashes, and vehicle fatality rates. Insurance companies consider all of these factors when calculating your exact Volvo XC60 insurance rate.
| State | Good Driver | Recent Accident | Poor Credit |
| Alabama | $2,362 | $3,441 | $4,387 |
| Alaska | $1,957 | $2,734 | $2,657 |
| Arizona | $2,207 | $3,232 | $4,731 |
| Arkansas | $2,442 | $3,845 | $4,205 |
| California | $2,725 | $4,794 | $2,751 |
| Colorado | $2,505 | $3,515 | $4,525 |
| Connecticut | $3,219 | $5,004 | $6,397 |
| Delaware | $2,694 | $3,556 | $4,568 |
| Florida | $3,234 | $4,413 | $5,736 |
| Georgia | $2,579 | $3,851 | $3,911 |
| Hawaii | $1,073 | $1,407 | $1,040 |
| Idaho | $1,821 | $2,380 | $2,918 |
| Illinois | $1,885 | $2,890 | $3,255 |
| Indiana | $1,947 | $2,946 | $3,325 |
| Iowa | $1,559 | $2,081 | $2,478 |
| Kansas | $2,067 | $2,987 | $3,512 |
| Kentucky | $2,999 | $4,382 | $5,141 |
| Louisiana | $3,790 | $5,748 | $6,221 |
| Maine | $1,448 | $1,983 | $2,940 |
| Maryland | $2,333 | $3,403 | $3,741 |
| Massachusetts | $1,872 | $3,216 | $1,865 |
| Michigan | $4,517 | $6,885 | $10,785 |
| Minnesota | $1,855 | $2,469 | $3,468 |
| Mississippi | $2,219 | $3,204 | $3,207 |
| Missouri | $2,108 | $3,025 | $3,951 |
| Montana | $2,132 | $3,018 | $3,481 |
| Nebraska | $1,798 | $2,678 | $2,951 |
| Nevada | $2,960 | $4,449 | $4,689 |
| New Hampshire | $2,060 | $3,295 | $4,157 |
| New Jersey | $2,313 | $3,609 | $4,722 |
| New Mexico | $2,323 | $3,474 | $3,605 |
| New York | $2,172 | $2,730 | $4,549 |
| North Carolina | $1,332 | $2,320 | $1,668 |
| North Dakota | $1,827 | $2,804 | $3,323 |
| Ohio | $1,619 | $2,520 | $2,597 |
| Oklahoma | $2,591 | $3,768 | $4,228 |
| Oregon | $2,385 | $3,191 | $3,833 |
| Pennsylvania | $1,983 | $2,907 | $3,469 |
| Rhode Island | $3,351 | $4,867 | $5,514 |
| South Carolina | $2,293 | $3,163 | $4,313 |
| South Dakota | $2,027 | $2,981 | $3,387 |
| Tennessee | $2,398 | $3,517 | $4,680 |
| Texas | $2,458 | $3,494 | $4,335 |
| Utah | $2,064 | $2,870 | $3,961 |
| Vermont | $1,589 | $2,436 | $2,615 |
| Virginia | $1,456 | $2,305 | $2,259 |
| Washington | $1,979 | $2,682 | $3,211 |
| West Virginia | $1,950 | $2,822 | $3,562 |
| Wisconsin | $1,974 | $3,076 | $3,492 |
| Wyoming | $1,844 | $2,583 | $2,748 |
Find Affordable Volvo XC60 Car Insurance Rates
Cheapest Car Insurance Companies For A Volvo XC60
The table above showcases a range of estimated annual and monthly premiums for insuring a Volvo XC60 across various insurance providers. Nationwide offers the most competitive rate, with an estimated annual premium of $1,030, translating to approximately $86 per month. GEICO follows closely, providing affordable coverage at around $1,120 annually or $93 monthly. Progressive and State Farm offer premiums of $1,290 and $1,540 per year, respectively, equating to monthly payments of $108 and $128. USAA rounds out the list with an annual premium of $1,700, or about $142 per month.
| Insurance Company | Average Monthly |
|---|---|
| Nationwide | $86 |
| GEICO | $93 |
| Progressive | $108 |
| State Farm | $128 |
| USAA | $142 |
Common Volvo XC60 Insurance Discounts
Discounts are a great way to lower your car insurance costs. While each auto insurance provider will offer their own discounts, there are some common ones which you can check your eligibility for:
- Multi-policy: If you bundle your home and auto insurance policies with one provider, you can often get a discounted rate.
- Pay annually: This is for people who pay their premium all at once, rather than spreading the payments out every month.
- Defensive driving: By taking defensive driving courses from a certified institution you can become eligible for discounted prices.
There are other discounts that you can apply for. You should speak to your insurance agent, as they can help you find ones that you are eligible for.
Ways To Save On Volvo XC60 Insurance Costs
Keeping a clean driving record is one of the most effective ways to reduce your Volvo XC60 insurance premium. Even a single speeding ticket can cause your rates to rise. On average, XC60 drivers with a traffic violation pay around $98 per month, while those with multiple at-fault accidents may see premiums climb to $100 per month. Avoiding tickets and collisions is key to keeping costs low.
Mileage also matters. Insurance providers often charge less to drivers who spend less time on the road. Volvo XC60 owners who drive between 5,000 and 7,500 miles annually pay about $70 per month, while surprisingly, drivers logging over 10,000 miles per year may pay slightly less—around $60 monthly—likely due to differing risk models used by insurers. Ultimately, safe and predictable driving behaviors contribute to more affordable coverage.
Compare Volvo XC60 To Other Volvo Models
Looking for other Volvo model insurance costs?
Our Methodology
To ensure accurate and trustworthy insurance company ratings, I employed a detailed methodology. I assess numerous insurers, utilizing insights from reputable review sites and critical metrics from industry authorities such as A.M. Best and J.D. Power. With my 15 years of experience as an insurance agent, I enhance our analysis with firsthand knowledge, ensuring our ratings are reliable guides for your insurance decision-making process.
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FAQs
Do You Need Insurance Before You Can Purchase A Volvo XC60?
Yes, you’ll need to show proof of insurance before driving your Volvo XC60 off the dealership lot. Dealerships require active coverage before they can release a vehicle, as it’s illegal to drive without insurance. The best approach is to purchase a policy ahead of time and notify your insurer about the upcoming vehicle purchase. This way, you’ll have coverage ready the moment you take possession of the car. While some dealerships offer to arrange insurance on your behalf, setting it up yourself often gives you more control and may lead to better rates.
How Can You Get The Cheapest Insurance For Your Volvo XC60?
The most effective way to find the lowest insurance rate for your Volvo XC60 is to compare quotes from multiple auto insurers. Prices can vary significantly between companies based on your driving profile, location, and the level of coverage you choose. That’s why it pays to shop around. With Insuranceopedia, you can quickly compare personalized quotes from top-rated insurance providers—all in one place. This makes it easy to find the most competitive rate without the hassle of visiting multiple websites or making endless phone calls.
