2020 Volvo XC60 Car Insurance Calculator

Explore and understand how changing risk factors impact car insurance rates for a 2020 Volvo XC60. Experiment with factors like coverage deductibles, age of the driver, policy discounts, and XC60 trim level. Get instant feedback if and why rates increase from the option you changed.

The average estimated car insurance premium for a 2020 Volvo XC60 is $2,054 per year, or about $171 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

$2,054

Cost Per Month

$171

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 XC60 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 2020 Volvo XC60.

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.

$2,054
Average Rate
Your Rate
$2,054

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 2020 Volvo XC60 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 2020 Volvo XC60 is $2,054.

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.

2020 Volvo XC60 vs. the Small Luxury SUV Segment

The table below compares insurance rates for the 2020 Volvo XC60 against all other models in the small luxury SUV segment. The Volvo XC60 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 XC60, with green values denoting cheaper rates and red values indicating more expensive rates compared to the Volvo XC60.

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

2020 Volvo XC60 Segment Insurance Cost Comparison
Rank Make and Model Annual Premium Difference
1Acura RDX$1,730-$324
2Cadillac XT4$1,788-$266
3Volvo XC40$1,828-$226
4Lincoln Corsair$2,018-$36
5Lexus UX 250h$2,034-$20
6Volvo XC60$2,054--
7Mercedes-Benz GLB 250$2,082$28
8Lexus UX 200$2,086$32
9BMW X1$2,094$40
10Lexus NX 300$2,098$44
11Mercedes-Benz GLC300$2,104$50
12Mercedes-Benz GLA250$2,180$126
13Land Rover Evoque$2,182$128
2020 Small Luxury SUV Average$2,197$143
14BMW X2$2,222$168
15Audi Q3$2,264$210
16Audi Q5$2,288$234
17Mercedes-Benz GLC350E$2,316$262
18BMW X3$2,346$292
19Lexus NX 300H$2,360$306
20Mercedes-Benz GLA45 AMG$2,388$334
21Alfa Romeo Stelvio$2,406$352
22BMW X4$2,444$390
23Jaguar F-Pace$2,474$420
24Jaguar I-Pace$2,544$490
25Porsche Macan$2,604$550

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.

2020 XC60 Insurance Rates by Trim Level

The table below shows insurance rates for all trim levels available for the 2020 Volvo XC60.

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.

2020 Volvo XC60 Insurance Rates by Trim Level
2020 Volvo XC60 Trim Level Annual Premium Cost Per Month
T5 Inscription 2WD$2,008$167
T5 Inscription AWD$2,008$167
T5 Momentum 2WD$2,008$167
T5 Momentum AWD$2,008$167
T5 R-Design 2WD$2,008$167
T5 R-Design AWD$2,008$167
T6 Inscription AWD$2,070$173
T6 Momentum AWD$2,070$173
T6 R-Design AWD$2,070$173
T8 Hybrid Inscription AWD$2,132$178
T8 Hybrid Momentum AWD$2,132$178
T8 Hybrid R-Design AWD$2,132$178

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 2020 Volvo XC60 for different driver ages.

2020 Volvo XC60 Insurance Cost for Drivers Aged 16 to 80
Driver Age Annual Premium Cost Per Month
16$7,378$615
17$7,155$596
18$6,426$536
19$5,838$487
20$4,468$372
21$4,262$355
22$3,815$318
23$3,116$260
24$2,948$246
25$2,390$199
30$2,192$183
35$2,110$176
40$2,054$171
45$1,922$160
50$1,820$152
55$1,700$142
60$1,706$142
65$1,822$152
70$1,962$164
75$2,312$193
80$2,858$238

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 XC60 trim levels.