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Compare quotes for Volvo car insurance cost, 2022

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The average cost of Volvo car insurance is $1,538 per year. But how much car insurance will cost for your Volvo will depend on several factors, including your model, driving record, and location—plus, the insurance provider you pick. 
Convenient as it would be, there’s no one-size-fits-all insurance provider for all Volvo drivers. The right Volvo car insurance will depend on your vehicle’s make and model year, as well as your location and other factors.
So, how can you find cheap car insurance for your Volvo that also gives you the coverage you need?
There’s an easy answer to that: by using the Jerry app! As a licensed insurance broker, Jerry makes it easier than ever to find the right coverage for you at the right rate. Read on to get the rundown on what average Volvo car insurance costs look like—plus, what strategies you can use to find the best quotes.

How much does Volvo car insurance cost?

The average annual cost of car insurance coverage for a Volvo vehicle is $1,538 But insurance premiums for Volvo drivers will vary depending on your model, driving history, location, and other factors.
As a luxury brand, Volvo car insurance can be more expensive than insurance for the average vehicle, but it tends to be one of the more affordable luxury brands to insure. Here are a few factors that influence Volvo insurance premiums:
  • Luxury vehicles tend to have higher price tags and therefore can cost more to replace
  • Volvo vehicles tend to have good reliability ratings, making insurance claims less likely
  • Volvos are known for being safe vehicles, which often translates to lower insurance costs
There’s a lot of room for variation here. Your particular model year, its safety features, and the cost of replacement parts can all impact your Volvo’s insurance premium.
The most surefire way to find the best deal on your Volvo’s car insurance is to seek out multiple quotes from multiple providers—and the Jerry app has made that easier than ever!
In just 45 seconds, Jerry can show you customized quotes based on your driver profile from top insurance providers. Not only could Jerry help you find substantial savings on your insurance, but you’ll also save a ton of time on the insurance shopping process.

How much insurance do you need for a Volvo?

Just how much insurance do you need for your Volvo? That will depend on factors including how old your vehicle is, where you live, and what kinds of incidents are most likely there.
At the bare minimum, you’ll need to have the minimum car insurance as required by your state. That’s usually going to include a certain amount of liability coverage, including both bodily injury liability and property damage liability. This helps cover others’ expenses if you’re ever found at fault for an accident. 
Depending on the state you live in, you might need to purchase a combination of the following:
While satisfying your state’s legal minimum insurance requirements is a good start, most drivers will want more protection than this—especially if you’re investing in a luxury vehicle.
Plus, if you’re using a car loan to purchase your Volvo, your lender might require that you purchase additional coverage. It’s often a good idea to add collision and comprehensive coverage to your policy to have what’s referred to as “full-coverage car insurance.”
A lender also might require you to purchase gap insurance, which covers the difference between your car’s value and the amount left on your loan if it were to be totaled.
Take a look at the table below—and see what real customers have to say about the Jerry experience! 
Quote DateCar
Before Jerry
After Jerry
LocationZip CodeNameAgeCarrier
January 30, 2023Volvo Xc90 T6$300/mo.$284/mo.Beaverton, OR97008Francisco K.28Progressive
January 22, 2023Volvo Xc90 T5 Momentum$174/mo.$169/mo.Plano, TX75074Bernard W.34Progressive
January 21, 2023Volvo S90 T5 Momentum$441/mo.$151/mo.Sikeston, MO63801Estella S.36Progressive
January 17, 2023Volvo Xc40 T5 R-Design$397/mo.$395/mo.Palm Beach Gardens, FL33418Margaret T.35Progressive
January 9, 2023Volvo S60 T5$132/mo.$68/mo.Pacifica, CA94044Celia L.27National General

Volvo car insurance rates by model

The model of Volvo you drive can have a substantial impact on the cost of your car insurance. Luxury brands like Volvo are generally more expensive to insure since they carry higher price tags—and the higher your MSRP, the higher you can usually expect your premium to be. Larger SUVs like the CX90 also will be more expensive to insure than a midsize S60 on average.
Here’s a closer look at how the characteristics of different Volvos can have an impact on what you’ll pay for an annual insurance premium.

How much does Volvo XC60 insurance cost?

As a luxury SUV, the XC60’s size and value could make it somewhat expensive to insure. At the same time, the Insurance Institute for Highway Safety (IIHS) has named many recent model year XC60s Top Safety Picks. Under the right provider, that could help bring down the cost of insuring this midsize luxury SUV.
The table below shows how average premiums for XC60 drivers vary based on different coverage options and the vehicle’s age: 
CarFull CoverageMinimum Coverage
2019 Volvo Xx60 T6$4,512$1,238
2018 Volvo Xx60 T6$2,536$1,537
2017 Volvo Xx60 T6$1,941$1,261
2016 Volvo Xx60 T6$1,708$1,196
2013 Volvo Xx60 T6$1,566$1,010
For more information, check out our in-depth guide to Volvo XC60 insurance costs!

How much does Volvo S90 insurance cost?

The cost of a new Volvo S90 sedan can range from $57,000 to upwards of  $70,000 for the hybrid option, which could substantially raise your annual insurance premium.
The 2021 and 2022 S90s were both Top Safety Picks of the IIHS, so you could score a lower insurance premium if you’re the owner of either of these model years—depending on the provider you choose.
Check out the following table, which compares full and minimum coverage rates for different S90 model years:
CarFull CoverageMinimum Coverage
2019 Volvo S90 T5 Momentum$4,512$1,238
2018 Volvo S90 T5 Momentum$2,536$1,537
2017 Volvo S90 T5 Momentum$1,941$1,261
2016 Volvo S90 T5 Momentum$1,708$1,196
2013 Volvo S90 T5 Momentum$1,566$1,010
Your driving record also will impact your S90’s insurance costs. The table below shows what drivers with different types of violations paid for the same insurance for a Volvo S90:
For more information, check out our in-depth guide to Volvo S90 insurance costs!

How much does Volvo S60 insurance cost?

The Volvo S60 sedan has a lower starting price than the S90, and it’s one of the most affordable options for newer Volvos. That means it also could come with lower insurance costs when compared to the more expensive models.
The table below breaks down average annual premiums for S60 owners:
CarFull CoverageMinimum Coverage
2019 Volvo S60$4,512$1,238
2018 Volvo S60$2,536$1,537
2017 Volvo S60$1,941$1,261
2016 Volvo S60$1,708$1,196
2013 Volvo S60$1,566$1,010
For more information, check out our in-depth guide to Volvo S60 insurance costs!

How much does Volvo XC90 insurance cost?

The 2023 XC90 has a starting MSRP of $56,000—or $71,900, if you’re opting for the hybrid version—making it one of Volvo’s most expensive vehicles, and therefore, more expensive to insure.
Your insurance rate could change based on its model year, your age, driving record, or coverage selections. Here's are some insurance rates for the XC90:
CarFull CoverageMinimum Coverage
2019 Volvo Xc90$4,512$1,238
2018 Volvo Xc90$2,536$1,537
2017 Volvo Xc90$1,941$1,261
2016 Volvo Xc90$1,708$1,196
2013 Volvo Xc90$1,566$1,010
For more information, check out our in-depth guide to Volvo XC90 insurance costs!

How much does Volvo XC40 insurance cost?

There’s plenty of room for variation in XC40 car insurance costs based on its value. The 2023 gasoline-powered XC40 has a starting MSRP of $36,350, but the full-electric option has a starting MSRP of $53,550. 
As an SUV, the XC40’s size could make it more expensive to insure than a midsize or compact car. It’s also been a Top Safety Pick of the IIHS, which could also play a role in bringing down its insurance price.
CarFull CoverageMinimum Coverage
2019 Volvo xc40 T4 Momentum$4,512$1,238
2018 Volvo xc40 T4 Momentum$2,536$1,537
2017 Volvo xc40 T4 Momentum$1,941$1,261
2016 Volvo xc40 T4 Momentum$1,708$1,196
2013 Volvo xc40 T4 Momentum$1,566$1,010
For more information, check out our in-depth guide to Volvo XC40 insurance costs!

Compare Volvo car insurance quotes

In this day and age, it’s easier than ever to seek out Volvo car insurance quotes online. However, finding quotes that are a fit for your particular vehicle and driver profile? That can be a whole other story.
Luckily, it’s a lot easier with Jerry! Once you’ve downloaded the app, it only takes about a minute to answer a few questions before you’ll get customized quotes based on your specific needs. Since Jerry is a licensed insurance broker, you can trust you’re getting reliable information.
 “I thought my previous insurance rate was the best I could get since I have a luxury SUV. After Jerry found me quotes, I ended up paying only $80 a month for the same exact coverage. I’ll be shopping for auto insurance through Jerry from now on!” —Petra S.

Best car insurance companies for your Volvo

As we’ve previously stated, there’s not necessarily one best insurance provider for all Volvo owners, but drivers have often saved with policies from Safeco, Kemper, and Allstate.
However, different providers will give more weight to certain factors, making each provider unique. One provider might offer you a better rate based on your vehicle’s safety rating, while another might end up offering you even steeper savings because you could qualify for more discounts from them.
One of the easiest ways to find the most savings on your Volvo car insurance costs is to gather multiple quotes from different providers, then compare your options. The Jerry app makes it easier than ever—rather than gathering them yourself one by one, you can answer a few quick questions that Jerry will use to show you real-time, customized quotes.
Here’s a look at average quotes for Volvos depending on the provider—and how much you could save by making a switch with Jerry!
Insurance Company
Average Cost
Annual Savings with Jerry
State Auto$2,705$862
National General$2,496$810
Compare Prices

Volvo auto insurance cost by driving record

It’s not just your vehicle’s make and model that will affect your car insurance costs—your driving history will also play a major role.
The reason is pretty straightforward: safe drivers present less of a risk for insurance companies, and as a result, they tend to enjoy lower annual premiums.
Having an imperfect driving record won’t necessarily prevent you from getting insurance, but it can make it more expensive. Volvo owners who have received a DUI conviction can pay $2,436 more per year for car insurance, while just one speeding ticket can add an average of $1,538 to your annual premium.
The table below shows how Volvo insurance costs can vary depending on what your driving record looks like.

Volvo car insurance cost by location

Yet another variable that will influence the cost of your car insurance premium: your location. Different areas can present different types of risks for car owners, from collisions to car thefts to natural disasters, all of which can affect insurance costs.
Want to see how your state’s average car insurance costs compare to other states? Take a look at the table below:
Average Cost
Annual Savings with Jerry
Compare Prices

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