2024 Volvo XC60 Car Insurance Calculator

Discover and learn how seemingly small changes impact car insurance rates for a 2024 Volvo XC60. Change driver's age, policy discounts, trim level options, and driving record plus many other factors. Find out instantly if rates increase or decrease with changes you make.

The average estimated car insurance premium for a 2024 Volvo XC60 is $2,370 per year, or about $198 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

$2,370

Cost Per Month

$198

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 2024 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.

$2,370
Average Rate
Your Rate
$2,370

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 2024 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 2024 Volvo XC60 is $2,370.

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.

2024 Volvo XC60 vs. the Small Luxury SUV Segment

The table below compares insurance rates for the 2024 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.

2024 Volvo XC60 Segment Insurance Cost Comparison
Rank Make and Model Annual Premium Difference
1Acura RDX$1,958-$412
2Lexus NX 250$2,072-$298
3Cadillac XT4$2,114-$256
4Lexus NX 350h$2,210-$160
5Lincoln Corsair$2,236-$134
6Mercedes-Benz GLB 250$2,240-$130
7Lexus UX 250h$2,246-$124
8Lexus NX 450h$2,258-$112
9Mercedes-Benz GLA250$2,282-$88
10Mercedes-Benz GLA35 AMG$2,290-$80
11Land Rover Evoque$2,336-$34
12Lexus NX 350$2,348-$22
13Volvo XC40$2,356-$14
14Volvo XC60$2,370--
15Alfa Romeo Tonale$2,376$6
16Mercedes-Benz GLA45 AMG$2,388$18
17BMW X1$2,420$50
18Infiniti QX55$2,424$54
19Volvo C40$2,442$72
20BMW X2$2,452$82
21Lexus RZ 450e$2,478$108
22Mercedes-Benz EQB 300$2,492$122
23Mercedes-Benz GLC300$2,512$142
2024 Small Luxury SUV Average$2,541$171
24Mercedes-Benz EQB 350$2,552$182
25Genesis GV70$2,582$212
26Audi Q3$2,596$226
27Audi Q5$2,606$236
28Alfa Romeo Stelvio$2,630$260
29Land Rover Range Rover Velar$2,660$290
30BMW X4$2,712$342
31Audi Q4$2,736$366
32BMW X3$2,764$394
33Genesis GV60$2,848$478
34Porsche Macan$2,894$524
35Jaguar I-Pace$2,926$556
36Land Rover Defender$3,042$672
37Jaguar F-Pace$3,130$760
38Aston Martin DBX$4,562$2,192

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.

2024 XC60 Insurance Rates by Trim Level

The table below shows insurance rates for all trim levels available for the 2024 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.

2024 Volvo XC60 Insurance Rates by Trim Level
2024 Volvo XC60 Trim Level Annual Premium Cost Per Month
Core B5 AWD$2,170$181
Plus B5 AWD$2,256$188
Ultimate B5 AWD$2,342$195
Recharge Core$2,364$197
Recharge Plus$2,422$202
Recharge Ultimate$2,480$207
Recharge Polestar$2,554$213

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 2024 Volvo XC60 for different driver ages.

2024 Volvo XC60 Insurance Cost for Drivers Aged 16 to 80
Driver Age Annual Premium Cost Per Month
16$8,225$685
17$7,995$666
18$7,225$602
19$6,569$547
20$5,060$422
21$4,833$403
22$4,344$362
23$3,570$298
24$3,380$282
25$2,748$229
30$2,534$211
35$2,434$203
40$2,370$198
45$2,212$184
50$2,096$175
55$1,956$163
60$1,960$163
65$2,082$174
70$2,232$186
75$2,602$217
80$3,184$265

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.