Volvo V70 insurance group

The Volvo V70 is the station wagon produced by Volvo between 2006 and 2016. It’s large, reliable and affordable, with plenty of safety features fitted as standard.

What insurance group does the Volvo V70 fall under?

Every vehicle is assigned a specific insurance group, ranging from 1 to 50, based on how expensive it is to insure. Group 1 has the cheapest cars to insure, while Group 50 has the most expensive. Insurers will use these groups to help determine a suitable premium for you. Volvo V70 models can be found in insurance groups ranging from 16 to 41. This means the costs will vary significantly between different Volvo V70 models due to the different factors related to the vehicle.

For example, a 30-year-old driver in an average postcode could pay around £791 for cover on a Volvo V70 D2 115bhp ES 5d Powershift that is in insurance group 16 or around £1,018 for a Volvo V70 T6 AWD R DESIGN SE 5d Geartronic that is in insurance group 40. This is an extreme example of the premium pricing that can occur when one car is in a much higher insurance group.

• How we got these rates

  These rates are based on the average cost of cover for cars in the insurance groups shown for drivers of different ages with a Newcastle (NE1) postcode, which our research suggests represents an average for insurance rates in the UK. Updated: Oct 2019 (source: Quotezone).

Volvo V70 insurance cost by location

The table above shows the average cost of Volvo V70 insurance, based on insurance groups and driver age. However, there are more factors that impact the cost of your car insurance premiums, one of the biggest being your location.

To show the difference that your home address can make, we have pulled together some average quotes for a 30-year-old living in three different locations. The quotes are for a Volvo V70 2.0 SE Sport 5d.

• Expensive: £978 (London SE1)
• Average: £841 (Newcastle NE1)
• Cheap: £647 (Galashiels TD1)

• How we got these rates

  These rates are based on the average cost of cover for cars in the locations shown. Our research suggests SE1 is one of the most expensive locations, NE1 represents an average cost location and TD1 represents one of the cheapest locations. Updated: Oct 2019 (source: Quotezone).

Which factors affect my Volvo V70 insurance rate?

Here are some more key factors that can have a big impact on your insurance premium costs:

• Engine type and capacity. In general, the bigger the engine, the more you can expect to pay for your car insurance. For example, it may cost £978 for insurance for a Volvo V70 2.0F SE Sport 5d, while you may pay £1,216 for a Volvo V70 T6 AWD SE Lux 5d Geartronic.
• Driver location. Insurers will use previous claims data to determine the likelihood of someone living in your neighbourhood making a claim on their car insurance. If you live in an area where claims are more likely, you’ll pay more to make up for this added risk you present to insurance companies. For example, a 30-year-old in central London may pay £974 for insurance for a Volvo V70 2.0 SE 5d, while the same 30-year-old in Newcastle may only pay £830. This difference occurs because motorists are more likely to make car insurance claims than those living in Newcastle.
• Driver age. The youngest drivers have to pay more for car insurance because they are the most likely to make a claim. Here’s an example. The average 20-year-old driver in London may pay £1,811 for the Volvo V70 2.4D SE 5d, while the average 40-year-old Londoner will only pay £948. The average 20-year-old has to pay almost double in this scenario, and this could well be the case with other vehicles too.

Other factors that influence the cost of your insurance include the following:

• Your car’s safety rating score
• Your car’s security and any extra anti-theft precautions
• The model of your car
• The age of your car
• Annual miles driven
• Your driving history and activity, including your no claims discount.
• Your marital status
• Your occupation
• Your credit score

How can I save on my Volvo V70 premiums?

While car insurance is a necessary legal requirement, there’s no need to let it empty your bank account. Instead, you’ll want to hunt the lowest premium available to you. Here are some tricks you can try to find the best possible deal.

• Reduce your annual mileage. Occasionally making journeys by foot or public transport rather than using your car can help to save on your premiums.
• Pay annually rather than monthly. When you pay annually, you eliminate the possibility of being charged interest on monthly premiums.
• Install extra safety precautions. The safer you can make your car, the less of a risk you’ll be perceived as by insurers. That’s why you’re quite likely to lower your premium by adding extra safety measures.
• Shop around for the best deal using price comparison websites. Don’t blindly settle for the renewal price given by your existing insurer. There is likely to be cheaper options out there.

Frequently asked questions

• What is the top speed of a Volvo V70?

  The fastest model of a Volvo V70 can reach top speeds of 140 miles per hour.

• Is the Volvo V70 safe?

  This vehicle scored a full five-star rating in its Euro NCAP crash tests. This included an 88% rating for protecting adult occupants and 84% for protecting child occupants.

• How much car tax do I have to pay for the Volvo V70?

  The UK standard car tax rate sits at £145 per year. However, you might pay more or less depending on your car’s emissions.

• Where can I buy a Volvo V70?

  You can buy a Volvo V70 second-hand from any dealership, online seller or current owner.

• Is the Volvo V70 any good?

  If you’re after an affordable family car with plenty of room, this car ticks all the boxes.

• Where can I find Volvo V70 car insurance?

  You can compare the costs of insuring a Volvo V70 using any price comparison website.

• Is a Volvo V70 expensive to insure?

  This depends on the specific model of Volvo V70 you have chosen and the insurance group it falls under. This vehicle can be found in insurance groups ranging from 16 to 41. That means some vehicles will be significantly cheaper than the average model to insure, while others will cost far more.