Key Takeaways
Volvo insurance is cheaper than that of other premium car brands. Insurance companies sometimes offer lower premiums for certain Volvo models due to their good safety features and fewer risk factors. At the same time, certain trims of Volvo models usually have higher insurance rates as they are included in the higher-performance category. Let's go through the insurance rates of selected Volvo models and the rates offered by various carriers.
Buying Volvo insurance will cost you $1,776 per year for a full coverage policy. Numerous factors affect the Volvo car insurance cost. Factors like a driver's age, location, credit score, and driving record are all considered when determining insurance premiums. In addition, the model and trim level of the Volvo car you own also determines the insurance premium you pay. Volvo car insurance costs are cheaper compared to many other luxury car brands.
| Luxury Car Brands | Average Monthly Cost | Average Annual Cost |
|---|---|---|
| BMW | $143 | $1,716 |
| Volvo | $148 | $1,776 |
| Cadillac | $156 | $1,872 |
| Lincoln | $168 | $2,012 |
| Acura | $169 | $2,023 |
| Infiniti | $179 | $2,151 |
| Lexus | $193 | $2,318 |
| Alfa Romeo | $202 | $2,426 |
| Audi | $205 | $2,462 |
| Mercedes-Benz | $214 | $2,567 |
Comparing quotes from different insurers is one method to find the cheapest deal on auto insurance prices. Texas Farm Bureau offers the cheapest Volvo car insurance at $791 per annum. With an average annual premium of $1,133, Nationwide offers the most expensive Volvo insurance rates. The auto insurance rates of the cheapest providers for Volvo models are given below.
| Cheapest Companies | Average Monthly Cost | Average Annual Cost |
|---|---|---|
| Texas Farm Bureau | $66 | $791 |
| Erie | $76 | $911 |
| Progressive | $77 | $923 |
| Vermont Mutual | $83 | $998 |
| Tennessee Farmers | $87 | $1,037 |
| USAA | $88 | $1,051 |
| State Farm | $91 | $1,087 |
| Plymouth Rock Insurance | $92 | $1,100 |
| Acuity | $93 | $1,124 |
| Nationwide | $95 | $1,133 |
The Volvo model you choose has a big role in determining the insurance cost you may have to pay, especially when comparing quotes. Being a premium brand, several of the Volvo models have average annual full coverage premium rates that exceed the national average. Certain Volvo models, such as the Volvo XC70 and Volvo C30, are cheaper to insure compared to the rest. However, the Volvo S90 has the highest premium rates, with an annual premium of $2,052.
| Volvo Model | Average Monthly Cost | Average Annual Cost |
|---|---|---|
| Volvo XC70 | $103 | $1,236 |
| Volvo C30 | $109 | $1,308 |
| Volvo C70 | $119 | $1,428 |
| Volvo XC60 | $121 | $1,452 |
| Volvo V60 | $127 | $1,524 |
| Volvo XC90 | $132 | $1,584 |
| Volvo S60 | $153 | $1,836 |
| Volvo S90 | $171 | $2,052 |
The average annual insurance rate for a Volvo XC70 is $1,236, making it the cheapest model to insure among the lot. The cheapest insurer for this model is Erie, with an annual premium of $695. State Farm also offers competitive rates at $702 per year.
| Company | Average Monthly Cost | Average Annual Cost |
|---|---|---|
| Erie | $58 | $695 |
| State Farm | $59 | $702 |
| Texas Farm Bureau | $61 | $726 |
| Vermont Mutual | $67 | $803 |
| Tennessee Farmers | $68 | $817 |
| Progressive | $69 | $824 |
| USAA | $70 | $836 |
| Plymouth Rock | $73 | $875 |
| Nationwide | $81 | $977 |
| Acuity | $83 | $1,001 |
On average, it costs around $1,308 per year to insure a Volvo C30. Texas Farm Bureau offers the cheapest average rate for the car model, at $741 per year. Erie is the next best option with an average annual premium of $764.
| Company | Average Monthly Cost | Average Annual Cost |
|---|---|---|
| Texas Farm Bureau | $62 | $741 |
| Erie | $64 | $764 |
| Vermont Mutual | $68 | $819 |
| USAA | $73 | $876 |
| Acuity | $74 | $890 |
| Tennessee Farmers | $77 | $919 |
| Arbella | $79 | $952 |
| State Farm | $81 | $972 |
| Plymouth Rock Insurance | $82 | $980 |
| Progressive | $83 | $991 |
Volvo C70 insurance costs around $1,428 per year. Erie is the cheapest insurance provider with an annual premium of $749. Texas Farm Bureau also offers competitive rates at $822 per year.
| Company | Average Monthly Cost | Average Annual Cost |
|---|---|---|
| Erie | $63 | $749 |
| Texas Farm Bureau | $68 | $822 |
| Vermont Mutual | $71 | $847 |
| USAA | $75 | $904 |
| Plymouth Rock Insurance | $85 | $1,016 |
| Tennessee Farmers | $86 | $1,033 |
| Acuity | $86 | $1,038 |
| Country | $93 | $1,117 |
| American Family | $95 | $1,144 |
| Amica | $98 | $1,181 |
A Volvo XC60 insurance costs you $1,452 on average, per year. Texas Farm Bureau offers the cheapest rates at $695 per annum. Acuity has the most expensive premium rates, starting at $1,038 per year.
| Company | Average Monthly Cost | Average Annual Cost |
|---|---|---|
| Texas Farm Bureau | $58 | $695 |
| Progressive | $65 | $781 |
| Erie | $70 | $842 |
| Vermont Mutual | $70 | $845 |
| Tennessee Farmers | $77 | $920 |
| USAA | $79 | $952 |
| State Farm | $81 | $973 |
| Country | $86 | $1,030 |
| Nationwide | $86 | $1,035 |
| Acuity | $86 | $1,038 |
You can expect to pay around $1,524 per year to insure a Volvo V60 on average. However, Texas Farm Bureau offers the cheapest deal with an annual insurance cost of $958.
| Company | Average Monthly Cost | Average Annual Cost |
|---|---|---|
| Texas Farm Bureau | $80 | $958 |
| Erie | $85 | $1,018 |
| USAA | $104 | $1,244 |
| Vermont Mutual | $92 | $1,099 |
| Progressive | $91 | $1,096 |
| State Farm | $93 | $1,116 |
| Tennessee Farmers | $94 | $1,130 |
| Plymouth Rock Insurance | $94 | $1,134 |
| Nationwide | $97 | $1,161 |
Progressive offers the cheapest insurance premium for a Volvo XC90 with an average annual premium of $922. Otherwise, you may have to pay around $1,584 per year to insure the model. Vermont Mutual also offers competitive rates at just $936 per year.
| Company | Average Monthly Cost | Average Annual Cost |
|---|---|---|
| Progressive | $77 | $922 |
| Vermont Mutual | $78 | $936 |
| Erie | $78 | $941 |
| Tennessee Farmers | $81 | $972 |
| USAA | $85 | $1,022 |
| Arbella | $91 | $1,090 |
| Nationwide | $94 | $1,124 |
| American Family | $95 | $1,140 |
| Country | $99 | $1,194 |
Generally, it costs around $1,836 per year to insure the Volvo S60. The best rates are available from Texas Farm Bureau, with premiums starting at just $806 per year. Providers like Erie and Vermont Mutual also offer affordable rates at $953 and $1,011 per year, respectively.
| Company | Average Monthly Cost | Average Annual Cost |
|---|---|---|
| Texas Farm Bureau | $67 | $806 |
| Erie | $79 | $953 |
| Vermont Mutual | $84 | $1,011 |
| State Farm | $88 | $1,055 |
| USAA | $90 | $1,074 |
| Nationwide | $94 | $1,123 |
| Tennessee Farmers | $95 | $1,139 |
| Country | $103 | $1,231 |
| American Family | $104 | $1,248 |
| Arbella | $104 | $1,242 |
Volvo S90 car insurance cost generally falls around $2,052 per year on average. However, Mercury offers the cheapest premium rates at just $1,312 per year.
| Company | Average Monthly Cost | Average Annual Cost |
|---|---|---|
| Mercury | $109 | $1,312 |
| Erie | $111 | $1,329 |
| Tennessee Farmers | $114 | $1,364 |
| Nationwide | $115 | $1,379 |
| USAA | $125 | $1,498 |
| Plymouth Rock Insurance | $125 | $1,496 |
| American Family | $127 | $1,528 |
| Acuity | $138 | $1,654 |
| Vermont Mutual | $136 | $1,627 |
| State Farm | $142 | $1,706 |
It is really easy to get car insurance quotes with Way.com. All you need to do is download the Way app or log on to our website. On our platform, you can compare offers from more than 140 different insurance providers. This will help you select the most suitable option to reduce your Volvo car insurance costs.
The auto insurance rates published in this guide are based on the results of research completed by Way.com’s data team. Using a mix of public and internal data, we analyzed millions of rate averages across U.S. ZIP codes.
Quotes are typically based on a full coverage policy average unless otherwise noted within the content.
These rates were publicly sourced from insurer filings and should be used for comparative purposes only — your own quotes will differ. Given this, it’s important to go through our insurance steps form to find how much you can save with way.com
Way.com’s Insurance Broker Quote Data
Volvo car insurance generally costs $1,776 per year for a full coverage policy. However, your premiums may vary depending on the model, the insurance company you select, and additional factors like your driving record and where you live.
With an average annual premium of $2,052, the S90 is the most expensive Volvo model to insure.
Yes, many of the Volvo SUVs cost more to insure than Volvo Sedans due to their larger size and high repair and maintenance costs.
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