How Much Is Volvo Insurance by Model?
Discover how much you can expect to pay to insure your Volvo.
Written by
Ann Herro has been writing about insurance and employee benefits for over 15 years. She has covered topics as easy as insuring a car, and as difficult as transparency in healthcare costs.
Volvo Cars is a Swedish auto manufacturer that markets a line of sedans and SUVs in the U.S.
No matter what type of Volvo you drive, you’ll need the best car insurance you can find to protect your investment. The average cost of Volvo insurance per year is $1,426.42. This is higher than the national average cost of car insurance, which is $1,311 per year.
Our Volvo insurance guide provides average insurance cost information by model and top-rated insurance company. With the help of a local independent insurance agent, you can get quotes from multiple companies so you can get the coverage you need that fits your budget.
In this article:
How Much Does a Volvo Cost to Insure by Model?
Are Volvos Expensive to Insure?
Why Do Insurance Costs Differ Between Volvo Models?
How Much Is Car Insurance for a Volvo S60?
How Much Is Car Insurance for a Volvo S90?
How Much Is Car Insurance for a Volvo XC60?
How Much Is Car Insurance for a Volvo XC90?
What Other Factors Affect Volvo Insurance Costs?
How to Save the Most Money on Volvo Insurance
How Much Does a Volvo Cost to Insure by Model?
Many factors influence car insurance costs, including the car’s make and model. The various Volvo models have different car insurance premiums depending on the unique characteristics of each model. Most people will pay more or less than the average.
We compared quotes for some popular Volvo models to give you an idea of how much each one costs to insure.
| Volvo Model | Average Cost of Car Insurance Per Year |
|---|---|
| Volvo S60 | $1,246.60 |
| Volvo S90 | $1,237.33 |
| Volvo XC60 | $1,323.80 |
| Volvo XC90 | $1,358.40 |
An independent insurance agent near you can help you find affordable car insurance for whatever type of Volvo you drive.
Are Volvos Expensive to Insure?
The cost to insure your Volvo depends on the model that you choose. In addition, the cost of Volvo insurance varies by your location, driving history, coverage options, and deductibles.
We compared popular Volvo models and found that in general, car insurance for a Volvo is higher than the national average. Shopping around can help you find the most affordable coverage for your needs and budget.
Why Do Insurance Costs Differ Between Volvo Models?
Car insurance costs differ by model depending on several factors.
Generally, any vehicle that has a higher purchase price, is more expensive to repair, or is more likely to be stolen or involved in an accident will cost more to insure. We can see that among Volvos, the most expensive model to insure is the S90. This model costs about $1,631.40 per year to insure.
Models that have a lower purchase price, have certain safety features, or are less likely to be involved in an accident are often inexpensive to insure. The Volvo XC60 is the least expensive Volvo model to insure with an average annual cost of $1,244.60.
How Much Is Car Insurance for a Volvo S60?
The Volvo S60 is a mid-size sedan. Our research found that the Volvo S60 has an average car insurance rate of $1,395.67 per year. Here's a look at some average insurance costs for this model from top-rated insurance carriers.
| Insurance Companies | Average Annual Cost |
|---|---|
| Vermont Mutual | $1,214 |
| Nationwide | $1,217 |
| Erie | $1,399 |
| USAA | $1,424 |
| Mercury Insurance Company | $1,539 |
| Arbella | $1,581 |
| Average cost to insure per month: | Average cost to insure per year: |
|---|---|
| $116.31 | $1,395.67 |
How Much Is Car Insurance for a Volvo S90?
The Volvo S90 has an average car insurance rate of $1,631.40 per year. While these rates are above the national average of $1,311 per year, your rates will be higher or lower depending on where you live, your age, your gender, and several other factors.
| Insurance Companies | Average Annual Cost |
|---|---|
| Mercury Insurance Company | $1,443 |
| Erie | $1,614 |
| Vermont Mutual | $1,642 |
| Nationwide | $1,714 |
| USAA | $1,744 |
| Average cost to insure per month: | Average cost to insure per year: |
|---|---|
| $135.95 | $1,631.40 |
How Much Is Car Insurance for a Volvo XC60?
The Volvo XC60 is a luxury midsize SUV with an average car insurance premium of $1,244.60 per year, putting it below the national average for car insurance costs.
| Insurance Companies | Average Annual Cost |
|---|---|
| Vermont Mutual | $996 |
| Nationwide | $1,092 |
| Arbella | $1,356 |
| Progressive | $1,379 |
| Acuity | $1,400 |
| Average cost to insure per month: | Average cost to insure per year: |
|---|---|
| $103.72 | $1,244.60 |
How Much Is Car Insurance for a Volvo XC90?
The Volvo XC90 SUV has an average insurance cost of $1,434.00 per year, making it the second most expensive Volvo model to insure among the models and insurance companies we reviewed.
| Insurance Companies | Average Annual Cost |
|---|---|
| Nationwide | $1,129 |
| Vermont Mutual | $1,268 |
| Erie | $1,540 |
| Progressive | $1,544 |
| USAA | $1,552 |
| Arbella | $1,571 |
| Average cost to insure per month: | Average cost to insure per year: |
|---|---|
| $119.50 | $1,434.00 |
What Other Factors Affect Volvo Insurance Costs?
The make and model of your car are two of the most important factors for determining your car insurance premiums. But numerous other factors play a role in your car insurance premiums, including:
- Your age, gender, and marital status
- Your credit score
- Where you live
- The amount of coverage and deductible that you choose
Every insurance company has its own proprietary method for calculating insurance rates, which is why you’ll see a range of premiums for the same make and model. But most companies also offer a wide range of car insurance discounts that can help you save money on your car insurance premiums.
An independent insurance agent can help you find the best rates in your area, and can help you make sure that you take advantage of all the discounts for which you are eligible.
FAQs about Volvo Insurance
We compared several Volvo models and found that insurance coverage more expensive than the national average cost. You’ll be able to find Volvo insurance that is above or below average, depending on the make, model, and other factors.
We found that the Volvo S90 is the most expensive model to insure among the insurance companies we reviewed. The average annual insurance cost for a Volvo S90 according to our research is $1,631.40.
The Volvo XC60 is the cheapest Volvo model to insure, according to our research. The average cost to insure an XC60 is $1,244.60 per year, which is below the national average car insurance premium of $1,311.
Save on Car Insurance
Our independent agents shop around to find you the best coverage.
How to Save the Most Money on Volvo Insurance
You can save the most money on Volvo insurance by working with an independent insurance agent in your area. Independent agents can compare coverage and quotes from multiple insurance companies, allowing you to choose the one that’s best for your needs and budget. Your agent will also help you maximize the discounts that you can apply to your premium, getting you the best possible rate.
https://www.thezebra.com/auto-insurance/vehicles/volvo/s60/
https://www.thezebra.com/auto-insurance/vehicles/volvo/s90/
https://www.thezebra.com/auto-insurance/vehicles/volvo/xc60/
https://www.thezebra.com/auto-insurance/vehicles/volvo/xc90/