2023 Volvo V60 Car Insurance Calculator

Observe in real-time how the choices you make affect the cost of insurance for a 2023 Volvo V60. Customize choices like credit rating, policy coverages, and liability limits and watch the impact on your premiums. See instantly if the option you change raises or lowers your rate.

The average estimated car insurance premium for a 2023 Volvo V60 is $2,446 per year, or about $204 per month. This is based on a 40-year-old male driver with no prior driving violations or at-fault accidents. Comprehensive and collision deductibles are $500 and Uninsured and Underinsured Motorist (UM/UIM) coverage is included.

Annual Premium

$2,446

Cost Per Month

$204

The Annual Premium and Cost Per Month change instantly as you adjust calculator options.

If you change a factor that results in a higher insurance cost, the rates turn red. If you adjust a factor that saves money, the rates turn green. For a detailed explanation of each rate change, click the blue button above.

Quick Guide to Using the Insurance Rate Calculator

  1. Update Options: Adjust any settings in the form below.
  2. Observe Rate Changes: Watch how the Annual Premium at the bottom of the page changes.
  3. Get Detailed Insights: Click the blue up arrow button for an explanation of the rate change.

Key Features:

Volvo V60 Options

Driver Options

Insurability Factors

Policy Coverages

Calculated vs. Average Rate

Discover how your personalized car insurance rate compares to the average annual premium for a 2023 Volvo V60.

As you adjust the calculator settings, the 'Your Rate' value dynamically shifts left or right on the rate range bar. This movement visually demonstrates how your rate compares to the typical insurance cost for this vehicle model.

For continuous comparison while you explore different settings, you have the option to pin this rate range bar to the bottom of your screen.

$2,446
Average Rate
Your Rate
$2,446

The 'Average Rate' is calculated based on default options for a typical driver profile: a 40-year-old married male with good credit, no prior accidents or violations, current car insurance coverage, and homeownership. The coverage includes collision and comprehensive coverage with $500 deductibles, liability limits of 100/300/100, and includes Uninsured/Underinsured Motorist and Medical Payments coverages.

The 'Average Rate' is a combined value for all 2023 Volvo V60 trim levels.

Insurance Rate Analysis

Your personalized insurance analysis will appear below after modifying any options in the calculator settings above.

Based on the default settings in the calculator options, the annual premium for a 2023 Volvo V60 is $2,446.

After making any changes in the calculator settings, this section will explain the choices that have a positive effect on either rates or coverage, as well as those that have a negative effect.

Factors That Favorably Influence Your Rates and Coverage

There are many things that have a positive effect on your rates, like being a mature driver, being married, having great credit, owning your home, and more.

Once you've fine-tuned the settings in our calculator, this section will provide an analysis of all the factors that have contributed to reducing your rates or improving your coverage options.

Factors That Could Increase Rates or Result in Coverage Gaps

Certain circumstances may lead to higher insurance rates or potential gaps in your coverage. These include life events such as being involved in at-fault accidents, incurring driving violations, experiencing lapses in coverage, or simply being a younger driver. While not all of these factors are within your control, many can be managed to mitigate their impact.

As you adjust the settings in our calculator, this section will detail and explain all the factors that have contributed to higher rates or reduced levels of coverage.

2023 Volvo V60 vs. the Midsize Luxury SUV Segment

The table below compares insurance rates for the 2023 Volvo V60 against all other models in the midsize luxury SUV segment. The Volvo V60 is highlighted in light orange, and the segment's average insurance rate is in light blue.

Annual Premium values in the table are based on the current selections in the rate calculator settings.

The Difference column indicates the annual premium variance between each model shown and the Volvo V60, with green values denoting cheaper rates and red values indicating more expensive rates compared to the Volvo V60.

After choosing a vehicle trim level in the calculator options, the rates shown will reflect your choice.

2023 Volvo V60 Segment Insurance Cost Comparison
Rank Make and Model Annual Premium Difference
1Lexus RX 350$2,044-$402
2Infiniti QX50$2,112-$334
3Cadillac XT5$2,166-$280
4Cadillac XT6$2,206-$240
5Acura MDX$2,272-$174
6Lincoln Nautilus$2,306-$140
7Lexus RX 350L$2,332-$114
8Land Rover Discovery Sport$2,334-$112
9Jaguar E-Pace$2,356-$90
10Volvo V90$2,376-$70
11Lexus RX 450h$2,404-$42
12Lexus GX 460$2,430-$16
13Volvo V60$2,446--
14Lexus RX 450hL$2,454$8
15Mercedes-Benz AMG GLB35$2,500$54
16Genesis GV80$2,504$58
17Audi SQ5$2,512$66
18Lincoln Aviator$2,532$86
19Infiniti QX60$2,548$102
20Mercedes-Benz GLE450$2,570$124
21Mercedes-Benz GLE350$2,604$158
22Land Rover Discovery$2,616$170
2023 Midsize Luxury SUV Average$2,652$206
23Mercedes-Benz AMG GLC43$2,654$208
24Audi Q7$2,720$274
25Audi e-tron$2,814$368
26Tesla Model X$2,826$380
27Mercedes-Benz AMG GLE53$2,830$384
28BMW X5$2,886$440
29Audi Q8$2,894$448
30Land Rover Range Rover Sport$2,918$472
31Audi SQ7$3,056$610
32BMW iX$3,102$656
33BMW X6$3,160$714
34Porsche Cayenne$3,186$740
35Mercedes-Benz AMG GLE63$3,340$894
36Audi RS 6$3,394$948
37BMW XM$3,722$1,276

Data Methodology: Rated driver is a 40-year-old married male with no driving violations or at-fault accidents in the prior three years. Comprehensive and collision deductibles are $500 and UM/UIM and medical payments coverages are included. Premiums are averaged for all trim levels for each model.

2023 V60 Insurance Rates by Trim Level

The table below shows insurance rates for all trim levels available for the 2023 Volvo V60.

Annual Premium and Cost Per Month values show in the table are based on the current selections in the rate calculator settings. After setting the trim level option in the calculator settings, it will be highlighted in the table.

2023 Volvo V60 Insurance Rates by Trim Level
2023 Volvo V60 Trim Level Annual Premium Cost Per Month
Cross Country Plus$2,308$192
Cross Country Ultimate$2,410$201
Recharge Polestar$2,622$219

Data Methodology: Rated driver is a 40-year-old married male with no driving violations or at-fault accidents in the prior three years. Comprehensive and collision deductibles are $500 and UM/UIM and medical payments coverages are included.

Insurance Rates by Driver Age

The table below shows average car insurance rates for the 2023 Volvo V60 for different driver ages.

2023 Volvo V60 Insurance Cost for Drivers Aged 16 to 80
Driver Age Annual Premium Cost Per Month
16$8,713$726
17$8,447$704
18$7,578$632
19$6,898$575
20$5,283$440
21$5,041$420
22$4,517$376
23$3,704$309
24$3,504$292
25$2,842$237
30$2,608$217
35$2,512$209
40$2,446$204
45$2,286$191
50$2,164$180
55$2,020$168
60$2,026$169
65$2,158$180
70$2,334$195
75$2,742$229
80$3,380$282

Data Methodology: Rated driver is male and has no driving violations or at-fault accidents in the prior three years. Comprehensive and collision deductibles are $500. Uninsured Motorist (UM), Underinsured Motorist (UIM) and medical payments coverages are included. Drivers under the age of 25 are considered single, while drivers 25 and over are rated as married. Annual premium is averaged for all Volvo V60 trim levels.