Volvo V60 insurance group

The Volvo V60 was first released in 2010 and the second generation was released in 2018. It comes in an estate and crossover model and, in 2011, was unveiled in a diesel-electric transmission plug-in hybrid form. It’s a compact luxury wagon that will comfortably get you from A to B and everywhere in between.

What insurance group does the Volvo V60 fall under?

All vehicles are given a specific insurance group that ranges from 1 (cheapest) to 50 (most expensive), which helps determine the cost of your premium. Volvo V60 models range from insurance group 24 to 42, meaning they can be middling to expensive cars to insure. As an example, a 30-year-old driver in an average postcode could pay around £882 for cover on a Volvo V60 R-Design Plus D3 FWD 5d that is in insurance group 26 or around £1,062 for a Volvo V60 R-Design Plus T8 Twin Engine AWD auto 5d that is in insurance group 46. This clearly shows the impact on premium pricing that occurs when one car is in a much higher insurance group.

• How we got these rates

  These rates are based on the average cost of cover for cars in the insurance groups shown for drivers of different ages with a Newcastle (NE1) postcode, which our research suggests represents an average for insurance rates in the UK. Updated: March 2021 (source: Quotezone).

Volvo V60 insurance cost by location

Among the factors that affect the cost of your car insurance premium, one of the biggest is your location.

To show the impact of your home address, here are some average quotes for a 30-year-old living in 3 different locations. The quotes are for a Volvo V60 R-Design D3 FWD auto 5d.

• Expensive: £997 (London SE1)
• Average: £868 (Newcastle NE1)
• Cheap: £672 (Galashiels TD1)

• How we got these rates

  These rates are based on the average cost of cover for cars in the locations shown. Our research suggests SE1 is one of the most expensive locations, NE1 represents an average cost location and TD1 represents one of the cheapest locations. Updated: March 2021 (source: Quotezone).

Which factors affect my Volvo V60 insurance rate?

Along with insurance group, there are many other key factors that have a big impact on your insurance premium costs:

• Engine type and capacity. In general, the larger the engine, the more you’ll pay for your car insurance. For example, it may cost £997 for insurance for a Volvo V60 Inscription Pro D3 FWD 5d, while you may pay £1,243 for a Volvo V60 R-Design Plus T8 Twin Engine AWD auto 5d. So, that’s an extra £246 per year you’ll pay for the Long Range engine.
• Driver location. Insurers use your home address to determine the level of risk that your car may be stolen or involved in an accident, and this affects the cost of insurance. For example, a 30-year-old in central London may pay £1,050 for insurance for a Volvo V60 R-Design Pro D4 FWD auto 5d, while the same 30-year-old in Newcastle may only pay £903. That’s an extra £147 per year that the average 30-year-old would pay in London compared to Newcastle.
• Driver age. The youngest drivers will pay the most for car insurance because they are the most likely to make a claim. As an example, the average 20-year-old driver in London may pay £1,846 for the Volvo V60 Momentum Pro T5 FWD auto 5d, while the average 40-year-old Londoner will only pay £967. That’s £879 more per year that the younger driver would pay in this scenario.

Other factors that influence the cost of your insurance include the following:

• The model and age of your car
• Your car’s safety rating score
• Your car’s safety features
• Your car’s anti-theft precautions
• Your annual mileage
• Your driving history and activity
• Your no-claims discount
• Your marital status
• Your credit history and job

How can I save on my Volvo V60 premium?

Car insurance can be expensive, but you don’t need to let it break the bank. Here are some ideas to help you lower the cost of your premium.

• Limit your annual mileage (where possible). If you can occasionally walk or use public transport, rather than using your car, this can help to save on your premium.
• Pay annually rather than monthly. When you pay annually, you eliminate the possibility of being charged interest on monthly payments.
• Install extra safety precautions. This makes your car safer and reduces the risk of you making a claim on your premium. That’s why many insurers are happy to lower your premium when you do so.
• Shop around for the best deal using price comparison websites. Don’t just settle for the renewal price given to you. You’ll usually find a better deal by switching to a competitor each year.

Facts about the Volvo V60

– It won Best Large Family Car in the Parkers New Car Awards 2019.
– Top Gear scored it 8 out of 10.
– The hybrid T6 version reaches 0-62 mph in just 4.8 seconds.

Bottom line

Depending on the specifications you choose, the Volvo V60 could end up costing a manageable price to insure. Its spacious interior, impressive safety rating and hybrid options make it a modern and reliable car to drive. Be sure to shop around to ensure that you’re finding the best car insurance deal that meets all of your requirements.

Frequently asked questions

• What is the top speed of a Volvo V60?

  Depending on the model version, you can expect a Volvo V60 to reach a top speed of 111 miles per hour.

• Is the Volvo V60 safe?

  In its Euro NCAP crash tests, this vehicle achieved a full 5-star rating. This included a 96% rating for protecting adult occupants and 84% for protecting child occupants.

• How much car tax do I have to pay for the Volvo V60?

  The UK standard car tax rate sits at £150 per year. However, you might pay more or less depending on your car’s emissions.

• Where can I buy a Volvo V60?

  You can buy a Volvo V60 at dealerships, using online sellers or from a current owner.

• Is the Volvo V60 any good?

  The Volvo V60 received a 4-star rating from What Car?, which praised its “classy” interior.

• Where can I find Volvo V60 car insurance?

  You can compare the costs of Volvo V60 car insurance using any price comparison website.

• Is a Volvo V60 expensive to insure?

  The Volvo V60 can be found in insurance groups ranging from 24 to 42. This means they’re among the most expensive cars to insure.