Gianetta Palmer is a writer, copywriter, and essayist. Her work has appeared in EverydayHealth.com, Healthline, and The Dyrt Magazine. She is the author of Scrunchie-Fried and writes a lot about car insurance in her spare time.

Full Bio →

Written by

Joel Ohman is the CEO of a private equity-backed digital media company. He is a CERTIFIED FINANCIAL PLANNER™, author, angel investor, and serial entrepreneur who loves creating new things, whether books or businesses. He has also previously served as the founder and resident CFP® of a national insurance agency, Real Time Health Quotes. He also has an MBA from the University of South Florid...

Full Bio →

Reviewed by Joel Ohman
Founder, CFP®

UPDATED: Jun 17, 2021

Advertiser Disclosure

It’s all about you. We want to help you make the right coverage choices.

Advertiser Disclosure: We strive to help you make confident auto insurance decisions. Comparison shopping should be easy. We are not affiliated with any one auto insurance provider and cannot guarantee quotes from any single provider. Our partnerships don’t influence our content. Our opinions are our own. To compare quotes from many different companies please enter your ZIP code on this page to use the free quote tool. The more quotes you compare, the more chances to save.

Editorial Guidelines: We are a free online resource for anyone interested in learning more about auto insurance. Our goal is to be an objective, third-party resource for everything auto insurance related. We update our site regularly, and all content is reviewed by auto insurance experts.

Looking for a new or used Volvo XC60? And wondering how much it costs to insure by year? We researched average annual car insurance costs for each model year and have compiled the results for you below.

Volvo XC60 car insurance facts

  • Average full coverage auto insurance premium: $142/month

  • Most affordable companies: USAA ($93/month) & Liberty Mutual ($97/month)

  • XC60 car insurance cost vs. average rate: $18 more expensive than the average vehicle

Explore the pricing information below to find how much it will cost you to insure your Volvo XC60 by model year and car insurance company.

Free Auto Insurance Comparison

Enter your ZIP code below to view companies that have cheap auto insurance rates.

 Secured with SHA-256 Encryption

Below average Volvo XC60 car insurance costs by state:

Risk factors affecting XC60 rates

The make and model of your vehicle, along with the year of manufacture, are the three most important factors in determining your car’s value, which in turn is the main factor in determining your insurance premium. Your own personal driving history, age, marital status, credit scoretype of vehicle, coverage levels, and other personal factors are also important components of your rate.

How to save money on Volvo XC60 coverage?

Many driver discounts are available to people through most major auto insurers, such as

  • Student discounts

  • Safe drivers

  • Senior discounts

With all Volvo models, you can get the following discounts:

  • Passive restraint systems

  • Anti-lock brakes

  • Anti-theft devices

Volvo Luxury Automobile Brand

Volvo is a Swedish luxury automobile brand partially owned by a Chinese company in the United States market. Volvo’s target market is families typically with children in the higher-end price vehicle market. All of Volvo’s automobiles have high safety ratings, with 11 of their vehicles getting “Top Safety Pick” and 5-star ratings from the National Highway Traffic Safety Administration (NHTSA). The S60, XC60, and the XC90 are their most popular vehicles.

Higher than average XC60 repair costs equal higher coverage rates

Volvo’s are considered a niche vehicle in the United States market. Many consumers are attracted to the Volvo for its style and driver-assist technologies, like Volvo’s Pilot Assist. Automotive parts are not as common as popular vehicles, like the Toyota or Honda. Repairing a Volvo is higher than average since repair parts are more expensive and not as available as popular vehicles. For this reason, many Volvo’s are going to have higher than average insurance rates to similar vehicles in its class.

Rapid depreciation for XC60’s affecting auto policies

Another factor to consider for Volvo’s, is they depreciate rapidly, affecting coverage rates. As your vehicle’s value goes down each year, your auto policy could go down at each renewal. On the other hand, in an auto accident, you need repair parts that rarely go down in price for all Volvo models. This could put you in a difficult situation position since many insurance companies will subtract depreciation from the amount paid for your claim resulting in a situation where your claim payout doesn’t fully cover your repair cost.

High IIHS and NHTSA safety ratings lower coverage rates for drivers

Volvo’s are known for their safety ratings, safety features, and driver-assist technologies (semiautonomous driving), lowering coverage rates for drivers with a good driving record, sometimes getting 20% driver discounts for passive restraints and safety features in Volvo models. The V60, S90, and V90 are Insurance Institute for Highway Safety (IIHS) “Top Safety Picks,” and the NHTSA consistently gives Volvo top safety ratings each year, lowering your insurance costs.

AutoInsureSavings.org insurance agents recommend comprehensive and collision coverage and uninsured motorist coverage for new Volvo automobile owners. 

2021 Volvo XC60

Cheapest Insurance CompaniesAverage Annual Cost
Allied$1899
Allstate$1760
American Family$1254
Amica$2006
Auto-Owners$1795
Direct Auto$1638
Erie$1320
Farmers$1530
GEICO$1416
Liberty Mutual$1136
Mercury$1712
MetLife$1845
Nationwide$1467
Progressive$1219
Safe Auto$1832
State Farm$1512
Tennessee Farmers$1702
Travelers$1564
USAA$1120

Compare all 2021 Volvo XC60 rates

Average Cost to Insure Per Year

$1713

List Price

$42700

Trims Available

T5 Momentum - T5 R-Design - T6 Momentum - T5 Inscription - T6 R-Design - T6 Inscription - T8 eAWD Momentum - T8 Plug-In Hybrid Momentum - T8 eAWD R-Design - T8 Plug-In Hybrid R-Design - T8 eAWD Inscription - T8 Plug-In Hybrid Inscription - 2.0-liter turbocharged four-cylinder with 250 horsepower and 258 pound-feet of torque (T5) - - Geartronic 8-spd w/OD Transmission - with Safety Features - with Volvo IntelliSafe Safety - Oncoming Lane Mitigation, Run-off Road Mitigation, Lane Keeping Aid, Airbags, BLIS (Blind Spot Information) with steer assist, Rear Collision Warning, Cross Traffic Alert with autobrake, Pilot Assist, Adaptive Cruise Control, Semi-autonomous

2020 Volvo XC60

Cheapest Insurance CompaniesAverage Annual Cost
Allstate$1410
American Family$1033
Auto-Owners$1428
Erie$1083
Farmers$1248
GEICO$1124
Mercury$1348
MetLife$1738
Nationwide$1134
Progressive$1020
Safe Auto$1532
State Farm$1168
Tennessee Farmers$1326
Travelers$1250
USAA$986
Vermont Mutual$1569

Compare all 2020 Volvo XC60 rates

Average Cost to Insure Per Year

$1629

List Price

$42150

Trims Available

T5 Momentum - T5 R-Design - T6 Momentum - T5 Inscription - T6 R-Design - T6 Inscription - T8 eAWD Momentum - T8 Plug-In Hybrid Momentum - T8 eAWD R-Design - T8 Plug-In Hybrid R-Design - T8 eAWD Inscription - T8 Plug-In Hybrid Inscription - 2.0-liter turbocharged four-cylinder with 250 horsepower and 258 pound-feet of torque (T5) - - Geartronic 8-spd w/OD Transmission - with Safety Features - with Volvo IntelliSafe Safety - Oncoming Lane Mitigation, Run-off Road Mitigation, Lane Keeping Aid, Airbags, BLIS (Blind Spot Information) with steer assist, Rear Collision Warning, Cross Traffic Alert with autobrake, Pilot Assist, Adaptive Cruise Control, Semi-autonomous

2019 Volvo XC60

Cheapest Insurance CompaniesAverage Annual Cost
Allstate$1316
American Family$1049
Auto-Owners$1402
Direct Auto$1311
Erie$1086
Farmers$1240
GEICO$1132
Liberty Mutual$1035
MetLife$1700
Nationwide$1145
Progressive$963
Safe Auto$1412
State Farm$1155
Tennessee Farmers$1263
Travelers$1244
USAA$906
Vermont Mutual$1635

Compare all 2019 Volvo XC60 rates

Average Cost to Insure Per Year

$1488

List Price

$41800

Trims Available

T5 Momentum - T5 R-Design - T6 Momentum - T5 Inscription - T6 R-Design - T6 Inscription - T8 eAWD Momentum - T8 Plug-In Hybrid Momentum - T8 eAWD R-Design - T8 Plug-In Hybrid R-Design - T8 eAWD Inscription - T8 Plug-In Hybrid Inscription - 2.0-liter turbocharged four-cylinder with 250 horsepower and 258 pound-feet of torque (T5) - - Geartronic 8-spd w/OD Transmission - with Safety Features - with Volvo IntelliSafe Safety - Oncoming Lane Mitigation, Run-off Road Mitigation, Lane Keeping Aid, Airbags, BLIS (Blind Spot Information) with steer assist, Rear Collision Warning, Cross Traffic Alert with autobrake, Pilot Assist, Adaptive Cruise Control, Semi-autonomous

2018 Volvo XC60

Cheapest Insurance CompaniesAverage Annual Cost
Acuity$ 1266
Acuity$ 1266
Allied$ 1086
Allied$ 1086
American Family$ 1285
American Family$ 1285
Arbella$ 1389
Arbella$ 1389
Country$ 1360
Country$ 1360
Erie$ 1175
Erie$ 1175
GEICO$ 1101
GEICO$ 1101
Nationwide$ 1136
Nationwide$ 1136
Progressive$ 858
Progressive$ 858
State Farm$ 1158
State Farm$ 1158
USAA$ 1286
USAA$ 1286
Vermont Mutual$ 1249
Vermont Mutual$ 1249

Compare all 2018 Volvo XC60 rates

Average Cost to Insure Per Year

$ 1320

List Price

$ 41500

Trims Available

T5 Momentum - T5 R-Design - T6 Momentum - T5 Inscription - T6 R-Design - T6 Inscription - T8 eAWD Momentum - T8 Plug-In Hybrid Momentum - T8 eAWD R-Design - T8 Plug-In Hybrid R-Design - T8 eAWD Inscription - T8 Plug-In Hybrid Inscription

2017 Volvo XC60

Cheapest Insurance CompaniesAverage Annual Cost
Acuity$ 1136
Acuity$ 1136
Allied$ 1156
Allied$ 1156
Arbella$ 1224
Arbella$ 1224
Country$ 1202
Country$ 1202
Erie$ 1123
Erie$ 1123
GEICO$ 994
GEICO$ 994
Nationwide$ 1220
Nationwide$ 1220
Progressive$ 1055
Progressive$ 1055
State Farm$ 1209
State Farm$ 1209
Texas Farm Bureau$ 791
Texas Farm Bureau$ 791
USAA$ 1252
USAA$ 1252
Vermont Mutual$ 1024
Vermont Mutual$ 1024

Compare all 2017 Volvo XC60 rates

Average Cost to Insure Per Year

$ 1164

List Price

$ 40950

Trims Available

T5 Dynamic - T5 Inscription - T6 Dynamic - T6 Inscription - T6 R-Design

2016 Volvo XC60

Cheapest Insurance CompaniesAverage Annual Cost
Acuity$ 1094
Acuity$ 1094
Allied$ 1040
Allied$ 1040
Arbella$ 1149
Arbella$ 1149
Country$ 1112
Country$ 1112
Erie$ 819
Erie$ 819
GEICO$ 617
GEICO$ 617
Nationwide$ 1033
Nationwide$ 1033
Progressive$ 770
Progressive$ 770
State Farm$ 962
State Farm$ 962
Texas Farm Bureau$ 775
Texas Farm Bureau$ 775
USAA$ 1092
USAA$ 1092
Vermont Mutual$ 982
Vermont Mutual$ 982

Compare all 2016 Volvo XC60 rates

Average Cost to Insure Per Year

$ 1012

List Price

$ 36600

Trims Available

T5 Drive-E - T5 - T5 Drive-E Premier - T5 Premier - T6 Drive-E - T6 - T5 Drive-E Platinum - T5 Platinum - T6 Drive-E Platinum - T6 R-Design - T6 Platinum - T6 Drive-E R-Design - T6 R-Design Platinum - T6 Drive-E R-Design Platinum

2015 Volvo XC60

Cheapest Insurance CompaniesAverage Annual Cost
Acuity$ 1016
Acuity$ 1016
Allied$ 1039
Allied$ 1039
Country$ 981
Country$ 981
Erie$ 703
Erie$ 703
GEICO$ 506
GEICO$ 506
Nationwide$ 972
Nationwide$ 972
Progressive$ 698
Progressive$ 698
State Farm$ 707
State Farm$ 707
Tennessee Farmers$ 866
Tennessee Farmers$ 866
Texas Farm Bureau$ 801
Texas Farm Bureau$ 801
USAA$ 777
USAA$ 777
Vermont Mutual$ 901
Vermont Mutual$ 901

Compare all 2015 Volvo XC60 rates

Average Cost to Insure Per Year

$ 886

List Price

$ 35750

Trims Available

T5 Drive-E - 3.2 - T5 - T5 Drive-E Premier - T6 Drive-E - T5 Drive-E Premier Plus - 3.2 Premier - T5 Premier - T6 Drive-E Premier Plus - T6 - 3.2 Premier Plus - T5 Drive-E Platinum - T6 Premier Plus - T6 Drive-E Platinum - 3.2 Platinum - T5 Platinum - T6 Platinum - T6 R-Design - T6 R-Design Premier Plus - T6 R-Design Platinum

2014 Volvo XC60

Cheapest Insurance CompaniesAverage Annual Cost
Acuity$ 1000
Acuity$ 1000
Allied$ 1030
Allied$ 1030
American Family$ 1052
American Family$ 1052
Country$ 1044
Country$ 1044
Erie$ 686
Erie$ 686
GEICO$ 539
GEICO$ 539
Progressive$ 744
Progressive$ 744
State Farm$ 887
State Farm$ 887
Tennessee Farmers$ 890
Tennessee Farmers$ 890
Texas Farm Bureau$ 776
Texas Farm Bureau$ 776
USAA$ 814
USAA$ 814
Vermont Mutual$ 860
Vermont Mutual$ 860

Compare all 2014 Volvo XC60 rates

Average Cost to Insure Per Year

$ 916

List Price

$ 34850

Trims Available

3.2 - 3.2 Premier - 3.2 Premier Plus - T6 - 3.2 Platinum - T6 Premier Plus - T6 Platinum - T6 R-Design - T6 R-Design Premier Plus - T6 R-Design Platinum

2013 Volvo XC60

Cheapest Insurance CompaniesAverage Annual Cost
Acuity$ 875
Acuity$ 875
Allied$ 967
Allied$ 967
American Family$ 922
American Family$ 922
Country$ 979
Country$ 979
Erie$ 641
Erie$ 641
GEICO$ 497
GEICO$ 497
Progressive$ 701
Progressive$ 701
State Farm$ 728
State Farm$ 728
Tennessee Farmers$ 824
Tennessee Farmers$ 824
Texas Farm Bureau$ 761
Texas Farm Bureau$ 761
USAA$ 724
USAA$ 724
Vermont Mutual$ 795
Vermont Mutual$ 795

Compare all 2013 Volvo XC60 rates

Average Cost to Insure Per Year

$ 848

List Price

$ 34200

Trims Available

3.2 - 3.2 Premier - 3.2 Premier Plus - T6 - 3.2 Platinum - T6 Premier Plus - T6 R-Design - T6 Platinum - T6 R-Design Premier Plus - T6 R-Design Platinum

2012 Volvo XC60

Cheapest Insurance CompaniesAverage Annual Cost
Acuity$ 825
Acuity$ 825
Allied$ 918
Allied$ 918
American Family$ 880
American Family$ 880
Country$ 943
Country$ 943
Erie$ 624
Erie$ 624
GEICO$ 481
GEICO$ 481
Progressive$ 702
Progressive$ 702
State Farm$ 678
State Farm$ 678
Tennessee Farmers$ 806
Tennessee Farmers$ 806
Texas Farm Bureau$ 744
Texas Farm Bureau$ 744
USAA$ 686
USAA$ 686
Vermont Mutual$ 752
Vermont Mutual$ 752

Compare all 2012 Volvo XC60 rates

Average Cost to Insure Per Year

$ 812

List Price

$ 32900

Trims Available

3.2 - 3.2 Premier - 3.2 Premier Plus - T6 - 3.2 Platinum - T6 Premier Plus - T6 R-Design - T6 Platinum - T6 R-Design Premier Plus - T6 R-Design Platinum

2011 Volvo XC60

Cheapest Insurance CompaniesAverage Annual Cost
Allied$ 894
Allied$ 894
American Family$ 950
American Family$ 950
Arbella$ 884
Arbella$ 884
Country$ 886
Country$ 886
Erie$ 644
Erie$ 644
GEICO$ 523
GEICO$ 523
Progressive$ 688
Progressive$ 688
State Farm$ 804
State Farm$ 804
Tennessee Farmers$ 819
Tennessee Farmers$ 819
Texas Farm Bureau$ 720
Texas Farm Bureau$ 720
USAA$ 782
USAA$ 782
Vermont Mutual$ 712
Vermont Mutual$ 712

Compare all 2011 Volvo XC60 rates

Average Cost to Insure Per Year

$ 853

List Price

$ 32400

Trims Available

3.2 - 3.2 R-Design - T6 - T6 R-Design