Volvo Insurance Cost — Average Rates by Model
Volvo is synonymous with safety, pioneering innovations like the three-point seatbelt and advanced collision avoidance systems. Their commitment to safety can help offset higher luxury-class insurance costs with available discounts.
Get a Volvo Insurance Quote$2,280/yr
Average Annual Cost
Sweden
Country of Origin
4
Models Compared
$2,080/yr
Cheapest (XC40)
About Volvo Insurance
Volvo is synonymous with safety, pioneering innovations like the three-point seatbelt and advanced collision avoidance systems. Their commitment to safety can help offset higher luxury-class insurance costs with available discounts.
Insurance costs for Volvo vehicles range from $2,080/yr for the XC40 (Luxury Subcompact SUV) to $2,550/yr for the XC90 (Luxury Mid-size SUV). The model you choose is one of the biggest factors — a XC40 can save you $470 per year compared to a XC90.
Frequently Asked Questions
How much does Volvo insurance cost on average?
The average Volvo insurance premium is $2,280/yr. Costs range from $2,080/yr for the XC40 to $2,550/yr for the XC90, depending on the model, year, and your personal driving profile.
What is the cheapest Volvo to insure?
The Volvo XC40 is typically the cheapest to insure at an average of $2,080/yr. Its luxury subcompact suv classification, IIHS Top Safety Pick+ safety rating, and low theft risk all contribute to lower premiums.
What is the most expensive Volvo to insure?
The Volvo XC90 has the highest average insurance cost at $2,550/yr. As a luxury mid-size suv, it has higher repair costs and replacement value, which drives up premiums.
Does Volvo's safety rating affect insurance?
Yes. Volvo vehicles generally earn strong safety ratings, which can qualify you for insurance discounts. Models with IIHS Top Safety Pick+ ratings may see lower premiums compared to vehicles with lower ratings.
How can I save on Volvo insurance?
Compare quotes from multiple carriers (Truvo compares 40+ for free), choose a model with lower insurance costs, maintain a clean driving record, bundle your auto and home policies, and ask about available discounts like safe driver or anti-theft device discounts.
Get Your Volvo Insurance Quote
These are average costs — your actual rate depends on your driving record, location, and coverage choices. Compare quotes from 40+ carriers in under 3 minutes.
Compare Volvo Insurance Rates