Volvo V40 models range from insurance groups 16 to 35, so the cost of insurance can vary significantly depending on which model you have.
Volvo V40 insurance groups and cost
In the table below, we show you the insurance group for different Volvo V40 model versions alongside the likely premiums for different age ranges.
| Model / Version | Group (1-50) | Age 20yrs | Age 30yrs | Age 40yrs | Age 50yrs | Link |
|---|---|---|---|---|---|---|
| Volvo V40 Cross Country (2013 - 2019) Cross Country SE D2 | 16 | £1,481.96 | £849.03 | £660.04 | £667.28 | Get Quote |
| Volvo V40 Cross Country (2013 - 2019) Cross Country Lux D2 Nav Powershift | 17 | £1,049.13 | £693.78 | £596.04 | £559.18 | Get Quote |
| Volvo V40 Hatchback (2012 - 2019) Momentum D2 (120bhp) | 17 | £1,049.13 | £693.78 | £596.04 | £559.18 | Get Quote |
| Volvo V40 Estate (1996 - 2004) S 1.6 (99) | 17 | £1,049.13 | £693.78 | £596.04 | £559.18 | Get Quote |
| Volvo V40 Cross Country (2013 - 2019) Cross Country Nav Plus D2 (120bhp) | 18 | £1,395.77 | £661.75 | £611.82 | £613.29 | Get Quote |
| Volvo V40 Hatchback (2012 - 2019) R Design pro D2 (120bhp) Geartronic | 18 | £1,395.77 | £661.75 | £611.82 | £613.29 | Get Quote |
| Volvo V40 Cross Country (2013 - 2019) Cross Country SE Nav D3 (4 Cyl 150bhp) | 19 | £1,142.45 | £594.10 | £573.80 | £547.25 | Get Quote |
| Volvo V40 Hatchback (2012 - 2019) R Design pro T2 (122bhp) Geartronic | 19 | £1,142.45 | £594.10 | £573.80 | £547.25 | Get Quote |
| Volvo V40 Estate (1996 - 2004) Standard Trim 1.8i | 19 | £1,142.45 | £594.10 | £573.80 | £547.25 | Get Quote |
| Volvo V40 Cross Country (2013 - 2019) Cross Country Lux Nav D3 (4 Cyl 150bhp) | 20 | £1,140.45 | £566.99 | £560.23 | £534.47 | Get Quote |
| Volvo V40 Hatchback (2012 - 2019) R Design Edition T2 | 20 | £1,140.45 | £566.99 | £560.23 | £534.47 | Get Quote |
| Volvo V40 Cross Country (2013 - 2019) Cross Country SE D3 | 21 | £1,072.10 | £689.18 | £593.39 | £527.60 | Get Quote |
| Volvo V40 Hatchback (2012 - 2019) R Design Lux T2 Nav | 21 | £1,072.10 | £689.18 | £593.39 | £527.60 | Get Quote |
| Volvo V40 Estate (1996 - 2004) Standard Trim 1.8 (00) | 21 | £1,072.10 | £689.18 | £593.39 | £527.60 | Get Quote |
| Volvo V40 Cross Country (2013 - 2019) Cross Country D3 (4 Cyl 150bhp) | 22 | £1,108.94 | £729.30 | £624.63 | £589.41 | Get Quote |
| Volvo V40 Hatchback (2012 - 2019) R Design pro D3 (4 Cyl 150bhp) Geartronic | 22 | £1,108.94 | £729.30 | £624.63 | £589.41 | Get Quote |
| Volvo V40 Cross Country (2013 - 2019) Cross Country T3 (152bhp) | 23 | £1,416.79 | £809.39 | £703.65 | £656.36 | Get Quote |
| Volvo V40 Hatchback (2012 - 2019) R Design Lux D3 Nav Geartronic | 23 | £1,416.79 | £809.39 | £703.65 | £656.36 | Get Quote |
| Volvo V40 Estate (1996 - 2004) Standard Trim 1.9D (102bhp) | 23 | £1,416.79 | £809.39 | £703.65 | £656.36 | Get Quote |
| Volvo V40 Cross Country (2013 - 2019) Cross Country SE D4 Nav | 24 | £1,180.48 | £772.67 | £633.50 | £639.42 | Get Quote |
| Volvo V40 Hatchback (2012 - 2019) R Design pro T3 (152bhp) Geartronic | 24 | £1,180.48 | £772.67 | £633.50 | £639.42 | Get Quote |
| Volvo V40 Cross Country (2013 - 2019) Cross Country SE D4 (190bhp) | 25 | £1,380.34 | £861.31 | £730.90 | £648.06 | Get Quote |
| Volvo V40 Hatchback (2012 - 2019) Cross Country Edition T3 | 25 | £1,380.34 | £861.31 | £730.90 | £648.06 | Get Quote |
| Volvo V40 Estate (1996 - 2004) Standard Trim 2.0 | 25 | £1,380.34 | £861.31 | £730.90 | £648.06 | Get Quote |
| Volvo V40 Cross Country (2013 - 2019) Cross Country SE D4 (190bhp) Nav Geartronic | 26 | £1,612.10 | £890.06 | £755.97 | £681.74 | Get Quote |
| Volvo V40 Hatchback (2012 - 2019) SE D4 (Nav) | 26 | £1,612.10 | £890.06 | £755.97 | £681.74 | Get Quote |
| Volvo V40 Cross Country (2013 - 2019) Cross Country D4 (190bhp) | 27 | £1,598.22 | £902.37 | £784.49 | £759.41 | Get Quote |
| Volvo V40 Hatchback (2012 - 2019) SE Lux D4 Geartronic | 27 | £1,598.22 | £902.37 | £784.49 | £759.41 | Get Quote |
| Volvo V40 Estate (1996 - 2004) CD 2.0i | 27 | £1,598.22 | £902.37 | £784.49 | £759.41 | Get Quote |
| Volvo V40 Cross Country (2013 - 2019) Cross Country Nav Plus D4 (190bhp) | 28 | £1,051.05 | £582.19 | £543.93 | £540.48 | Get Quote |
| Volvo V40 Hatchback (2012 - 2019) Inscription D4 (190bhp) Geartronic | 28 | £1,051.05 | £582.19 | £543.93 | £540.48 | Get Quote |
| Volvo V40 Hatchback (2012 - 2019) R Design pro D4 (190bhp) | 29 | £1,663.68 | £1,031.80 | £773.88 | £754.05 | Get Quote |
| Volvo V40 Estate (1996 - 2004) Sport Lux 2.0T | 29 | £1,663.68 | £1,031.80 | £773.88 | £754.05 | Get Quote |
| Volvo V40 Cross Country (2013 - 2019) Cross Country Lux T5 (245bhp) AWD Nav Geartronic | 30 | £3,439.38 | £1,001.68 | £874.54 | £861.41 | Get Quote |
| Volvo V40 Hatchback (2012 - 2019) SE Lux D4 | 30 | £3,439.38 | £1,001.68 | £874.54 | £861.41 | Get Quote |
| Volvo V40 Hatchback (2012 - 2019) R Design Lux T5 (245bhp) Nav Geartronic | 30 | £3,439.38 | £1,001.68 | £874.54 | £861.41 | Get Quote |
| Volvo V40 Cross Country (2013 - 2019) Cross Country Pro T5 (245bhp) AWD Geartronic | 31 | £3,544.85 | £1,019.77 | £863.52 | £847.78 | Get Quote |
| Volvo V40 Hatchback (2012 - 2019) R Design pro T5 (245bhp) Geartronic | 31 | £3,544.85 | £1,019.77 | £863.52 | £847.78 | Get Quote |
| Volvo V40 Estate (1996 - 2004) CD 2.0T | 31 | £3,544.85 | £1,019.77 | £863.52 | £847.78 | Get Quote |
| Volvo V40 Estate (1996 - 2004) Standard Trim 1.9 T4 | 32 | £2,980.18 | £914.54 | £796.14 | £767.16 | Get Quote |
| Volvo V40 Estate (1996 - 2004) CD 1.9 T4 | 34 | £1,549.25 | £891.08 | £756.41 | £696.03 | Get Quote |
| Volvo V40 Hatchback (2012 - 2019) R Design Lux T5 Nav Geartronic | 35 | £1,951.55 | £1,055.05 | £952.11 | £921.24 | Get Quote |
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These premiums are based on quotes for vehicles for drivers aged 20 to 50 in each of the 50 insurance groups. The average price was generated by getting a quote from a cheap (TR8), mid-range (CH1) and expensive (E10) postcode. Correct as of May 2025.
Average Volvo V40 insurance cost
To provide you with an idea of how much it may cost you to insure your Volvo V40, we ran several quotes to find an average figure. Based on our results, on average, you could insure your Volvo V40 with a comprehensive policy for £960.74 yearly, or £85.02 paying monthly.
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We generated these quotes using the following assumptions about the vehicle and the driver. We looked at prices for a driver aged 20, 30, 40 and 50. For each age category we took the average price of the 3 best quotes. We said the 20-year-old driver has 3 years of driving experience, the 30-year-old driver has 13 years of driving experience, the 40-year-old driver has 23 years of driving experience and the 50-year-old driver has 25+ years of driving experience, as that is the quote engine's largest option. We used a cheap (TR8), mid-range (CH1) and expensive (E10) postcode for each hypothetical driver.
All other factors were the same. These were:
The vehicle:
- Has a factory-fitted alarm system
- Hasn't been modified
- Would be parked in a work car park during the day
- Would be parked on a driveway at night
- Hadn't been bought yet but would be by the time the policy starts
- Isn't fitted with a dashcam
The driver:
- Is a teacher
- Is male
- Is a non-homeowner
- Has had no accidents or claims in the last 5 years
- Has had no motoring convictions, driving licence endorsements or fixed penalty points in the last 5 years
- Doesn't have any unspent non-motoring convictions
- Has no medical conditions
- Has never had insurance declined, cancelled or special terms imposed
- Has lived in the UK continuously since birth
- Is single and has no children
- Has a full UK manual licence
- Doesn't have use of another vehicle
- Doesn't have any medical conditions
- No driving or other convictions in the last 5 years
Other factors:
- We used 1 January as the birthday for each driver, alongside their respective birth year
- We looked for quotes with a 3-year no-claims discount
- We chose a voluntary excess of £500
- We didn't protect the no-claims bonus
- We looked for quotes for comprehensive policies
- We didn't include additional drivers
- We opted for an annual payment
- We used cars that were first registered in 2020, with an aim to find a mid-range car in that group
- The policy is for social, domestic and commuting purposes
- We looked at policies covering 10,000 miles per year

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Volvo V40 insurance cost by location
The table above shows the average cost of Volvo V40 insurance based on insurance groups and driver age. However, there are a number of other factors that affect the cost of your car insurance premiums, and one of the biggest is where you are in the UK. Where you live helps determine the level of risk that your car may be stolen or that you'll be involved in an accident, and this affects the cost of insurance.
To show the power of the postcode, here are some average quotes for a 30-year-old living in 3 different locations. The quotes are for a Volvo V40 Cross Country (2013 - 2019) Cross Country SE D2.
- Expensive: £1,350.05 (London E10)
- Mid-range: £849.03 (Chester CH1)
- Cheap: £589.50 (Newquay TR8)
What factors affect my Volvo V40 insurance rate?
We've covered insurance groups, age and location. Here are some of the other factors that affect your insurance premium costs:
- Your marital status
- Your credit history and job
- Your car's safety rating score
- The model of your car
- The age of your car
- Your car's security and any extra anti-theft precautions
- Annual miles driven
- Your driving history and activity
- No-claims discount
How can I save on my Volvo V40 premiums?
When searching for insurance, you'll want to find the best deal for a price that's within your budget. We've uncovered some tricks you can try to lower the cost of your premium, and we've listed them below.
- Limit your car usage (where possible). Occasionally deciding to walk or get public transport, rather than using your car, can help to save on your premiums.
- Pay annually rather than monthly. Whilst it might be scary to part with a large sum of money in one go, if you're able to pay annually you can save an average of £59.52 a year.
- Install extra safety precautions. The safer your car is, the less of a risk it will be for companies to insure. By adding extra safety measures, you're quite likely to lower your premium.
- Clear out the garage! If you have a garage – clear it out and park your car there. Parking your car in a garage reduces your risk to insurers and therefore reduces your premiums too.
- Consider any named drivers. Only name drivers on the insurance policy that regularly drive the vehicle, you can easily add on others at a later date or get them temporary cover.
- Don't just accept your renewal quote. When it's time for renewal, it's worth investing a couple of hours to shop around: there may be cheaper options out there.
Bottom line
As we've shown, factors like where you live, how old you are, whether you want to pay monthly or annually, and the specific variant of Volvo V40 you're insuring all have a major impact on the cost of cover. In fact, the best prices we found ranged from £386.13 to £5,297.26, and that's based on shopping around to find a competitive deal. Unfortunately, if you don't shop around, there's every chance you could end up paying more than you have to.
Frequently asked questions
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The UK standard car tax rate for cars registered after April 2017 is £195 per year. However, you might pay more or less than that in the first year the car is registered depending on your car's emissions.
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You can buy an Volvo V40 online or by visiting your local Volvo retailer. There is also a range of used Volvo V40s available to buy through various motor resellers and websites such as AutoTrader or Motors.
Jason is a writer and editor. He worked as a senior subeditor for Finder for 5 years and in that time became familiar with a wide range of financial products and services. Before that, he worked for Australian Associated Press. He has a BA from Macquarie University in Australia. Jason loves to help other people find new ways to save money. See full bio
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