Insurance Analysis of the 2013 Volvo XC60

The 2013 Volvo XC60 is one vehicle where you definitely get what you paid for.

The 2013 Volvo XC60

The 2013 Volvo XC60 is a higher priced vehicle that starts at over $34,000 for the base model and runs up to almost $49,000. But, it is worth the price for the sleek, good looking vehicle you get, as well as the astounding safety ratings it has earned.

Recalls for the 2013 Volvo XC60

Safety Recall information:

“VOLVO IS RECALLING CERTAIN MODEL YEAR 2013 S60 AND XC60 VEHICLES. A MANUFACTURING DEFECT WITHIN THE SUPPLEMENTAL RESTRAINT SYSTEM (SRS) CONTROL UNIT MAY LEAD TO AN INADVERTENT DEPLOYMENT OF THE SEAT BELT PRETENSIONER AND/OR INFLATABLE CURTAIN.

Consequence: IF THE SEAT BELT PRETENSIONER AND/OR INFLATABLE SIDE CURTAIN DEPLOY WITHOUT CAUSE, THE DRIVER COULD BE DISTRACTED AND THE DRIVER’S VISIBILITY COULD BE REDUCED, INCREASING THE RISK OF A CRASH.

Corrective Action: THESE VEHICLES HAVE NOT BEEN SOLD AND THE SRS CONTROL UNIT WILL BE REPLACED PRIOR TO THE CARS BEING SOLD. OWNERS MAY CONTACT VOLVO AT 1-800-458-1552.”

Safety Ratings for the 2013 Volvo XC60

The 2013 Volvo XC60 is a “Top Safety Pick +” with the Insurance Institute for Highway Safety (IIHS). This means that it qualified to be named as one of the safest of the safe vehicles after testing.

To qualify for this high safety honor with the IIHS a vehicle has to be tested in all 5 of their accident tests frontal crash test, small front corner crash test, rollover crash test, rear crash test and side impact crash test. It also has to get at least a “good” rating in 4 of the 5 crash tests, and an acceptable rating in the 5th (small front corner crash test).

Insurance Thoughts on the 2013 Volvo XC60

The insurance rates are going to be rather nice for the drivers that purchase this vehicle. Being a “Top Safety Pick +” will keep the PIP and medical payments premiums down. The fact that it is not exactly a vehicle that is associated with reckless drivers, and would not have a disturbing accident statistics behind it will keep the premiums for liability down also.

The only coverages that you may see a little higher are the comprehensive and collision coverages. Because the price of the vehicle runs from $34,350 to $48,950 the cost to repair any damages or pay out for a total loss will be higher than other similar model vehicles. However, the lower medical coverage premiums and liability coverage premiums may just balance out the premiums for the comprehensive and collision coverage.