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Volvo insurance rates

Average insurance cost of owning a Volvo

The average insurance cost of a Volvo across all models is $165.20 a month, or $1,982.40 a year. Volvo has made safety its main selling point, and that’s reflected in the savings you’ll receive on your insurance. Keep in mind that Volvo sells some high-priced models, such as the XC90 ($46,900 MSRP) and the V90 Cross Country ($52,300 MSRP). For these models, you’ll pay on average around $220 a month for insurance, or $2,640 a year. Filter car insurance companies by your state to get a quote.

Name Product Roadside assistance New car protection Accident forgiveness Safe driver discount Available states
All 50 states
Your dedicated agent can help you find the best savings with multiple discounts and rewards programs.
All 50 states & DC
Discover coverage that’s broader than competitors, valuable discounts up to 30% off and perks like shrinking deductibles that reward no claims.
The AARP Auto Insurance Program from The Hartford
All 50 states
Enjoy low rates for mature drivers, plus perks like new car replacement and lifetime repair guarantees. Only for drivers over age 50.
Available in 31 states
Track your driving to receive a low rate that reflects your driving skills, and enjoy a fully app-based policy experience.
Depends on provider
All states & DC
Get quotes in 30-seconds from 100+ companies, and save an average of $800 or more per year. Requires online login to your existing insurance.
Liberty Mutual
All 50 states & DC
Earn free accident forgiveness after five years claims-free and customize your policy anytime online at the tap of a button.

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Find your Volvo model

How a Volvo affects the cost of insurance

Insurance companies look at several car-related factors when determining the cost of insurance, including the car’s safety ratings, its likelihood of being stolen, and replacement costs and overall damage susceptibility.

A Volvo’s great safety ratings help to bring down the cost of insuring one. But you can expect to pay more if you own one of the higher-end Volvos.

Other factors that affect the cost of insurance include the model, mileage and trim package. Personal factors like your driving history, credit score and age also play roles.

With Volvo’s impeccable record of safety, insurance companies love insuring the manufacturer’s vehicles. You’ll probably have little trouble finding an insurance policy.

Volvo car insurance rates by model

ModelMonthly insurance rateBase car price
S60 Cross Country$227.00$44,200
V60 Cross Country$227.00$41,700
V90 Cross Country$220.00$55,300

Pros and cons of insuring a Volvo


  • Great safety ratings
  • Low theft rates


  • Some higher-priced models come with higher-priced insurance

About the Volvo brand

Headquartered in Sweden, Volvo started manufacturing cars in 1927. The Volvo Cars division was sold to Ford Motor Company in 1999, and today it’s owned by China-based Geely Holding Group.

Volvo makes luxury vehicles — specifically, cars that are billed as some of the safest on the market. The manufacturer’s vehicles are generally highly regarded for fuel efficiency, and are often viewed as top-notch family cars.

What’s Volvo In-Car Delivery?

Volvo has partnered with Amazon to bring its drivers delivery of Amazon purchase straight to their car. Utilizing Volvo On Call and the Amazon Key app, select the in-car delivery option at checkout and get your items delivered to your Volvo.

Download the Amazon Key app to your smartphone and follow the steps to link your Amazon Prime account with your Volvo On Call account and start shopping. In-car delivery is available for models 2015 or newer.

What’s Care by Volvo?

Volvo’s car subscription service lets you lease a new Volvo between $700 and $750 a month. The car you choose is delivered to your home within 2 weeks, and service covers maintenance, excess wear, replacement brakes and wiper blades, tires, roadside assistance and insurance for all eligible drivers. Insurance is underwritten by Liberty Mutual.

You can upgrade to a new or different model every year, and currently available models include the XC40, XC60, XC90 and S60. Since the service is like a lease, expect limits like 15,000 miles a year with extra charges for every mile you drive past the maximum. The service is not available in California, Florida, Hawaii, Mississippi, North Carolina, North Dakota, New York or South Dakota.

Volvo car facts

  • Volvo’s all about safety, and that helps tremendously with your insurance costs. Because the cars are safer, they’re involved in fewer accidents and fewer claims.
  • Although Volvo sells high-priced models, many of its vehicles sit in a midrange price point. This also helps keep insurance costs low.
  • Another plus for insurance premiums: Volvos are among the least-targeted brands by car thieves.

Bottom line

Volvo’s great safety ratings help to bring down the cost of insurance. But be sure shop around to find the best car insurance for you.

Frequently asked questions about Volvo

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