+120 more)
Nick Versaw leads Compare.com's editorial department, where he and his team specialize in crafting helpful, easy-to-understand content about car insurance and other related topics. With nearly a decade of experience writing and editing insurance and personal finance articles, his work has helped readers discover substantial savings on necessary expenses, including insurance, transportation, health care, and more. As an award-winning writer, Nick has seen his work published in countless renowned publications, such as the Washington Post, Los Angeles Times, and U.S. News & World Report. He graduated with Latin honors from Virginia Commonwealth University, where he earned his Bachelor's Degree in Digital Journalism.
Updated
At Compare.com, it’s our mission to give you the tools to find the best (and most affordable) insurance for your unique needs and budget. We strive to provide information that’s helpful, clear, and unbiased, and we believe that comparing insurance companies should never put you at risk of spam. Our editorial team — which is made up of experienced writers, editors, insurance agents, and data analysts — has spent thousands of hours researching and creating the coverage overviews, side-by-side comparisons, and detailed reviews you see across our site.
While we make money through partnerships with some of the brands we discuss in our articles, our editorial team operates 100% independently, and these partners never influence or affect the topics, reviews, ratings, or recommendations we provide. We never guarantee favorable reviews or mentions in exchange for compensation from any brands or partners, and we uphold strict editorial standards to ensure our content is always independent, truthful, and unbiased.
Owned by Zhejiang Geely Holding in China, Volvo is a premium car brand that has been on the market since 1927. In 2020, the auto manufacturer sold 661,000 automobiles. Today, Volvo is known for being a leader in safety, and the company prides itself on producing future-focused, environmentally friendly hybrid and electric vehicles.
If you’re a Volvo owner, it is important to insure your vehicle, not only to comply with the law but also to protect yourself and your investment in your automobile in the case of an accident or other emergency. Here you can view several Volvo car insurance rates so you can make a decision about which insurance company is the best fit for you.
You’ll be pleased to find that Volvo vehicles tend to be affordable to insure. The average monthly auto insurance premium across all vehicles is $106, but it costs only $90 per month, on average, to insure a Volvo.
Your individual rate for Volvo car insurance will vary, based upon which model you drive, where you live, and your driving record, but in general, you can expect to pay less to insure a Volvo than you pay for other vehicles.
 S40 | S60 | S80 |
S90 | V40 | V50 |
V70 | V90 | XC60 |
XC70 | XC90 |
The newest version of the Volvo S60 is a plug-in hybrid sedan that seats five people and offers technology to prevent collisions and aid with reversing. You’ll pay $96 per month to insure one.
Also a plug-in hybrid, the XC90 seats up to seven and offers driver assistance technology, which keeps you from getting too close to vehicles driving ahead of you. Insurance for the XC90 runs at $90 per month, on average.
The Volvo S80 is no longer on the market because it’s been replaced with the S90, a plug-in hybrid sedan. For S80 models still on the road, the average monthly insurance premium is $91.
Volvo’s V70 wagon was discontinued in 2016, but you’ll pay $71 per month, on average, to insure one today.
The XC70 is a station wagon that’s no longer in production. It runs an average of $71 per month for auto insurance.
This mid-size SUV is a plug-in hybrid that offers advanced technological features, such as the ability to speak to Google for hands-free control. The XC60 comes with the highest average insurance premium of all the Volvo models on our list, at $127 per month.
While now discontinued, the Volvo C70 is a compact, four-seater sports car with all of Volvo’s standard safety features. You should be able to find the C70 on the used vehicle market. The average insurance cost for this model is $86 per month.
The S70 was a compact executive car, later replaced by the Volvo S60, which is still on the market today as a plug-in hybrid sedan. If you still drive a Volvo S70, you can expect to pay $86 per month, on average, to insure it.
The rates above are just guidelines, and the cost of your Volvo insurance will vary based upon the year of your vehicle, as well as other personal factors.
Insurance premiums will vary based upon the model of Volvo you drive, but there are also significant variations in cost among different insurance companies. The auto insurance companies below offer the lowest rates for Volvo car insurance:
Insurance Company | Monthly Premium |
|---|---|
| Commonwealth Casualty | $57 |
| MetroMile | $69 |
| Mile Auto | $69 |
| Direct Auto | $85 |
| Gainsco | $88 |
Commonwealth Casualty offers the cheapest Volvo car insurance, with rates as low as $57 per month, but Arizona drivers are the only Volvo owners who will be able to take advantage of these low rates, as the company does not offer coverage in other states.
MetroMile, the second cheapest Volvo car insurance provider on the list at $69/mo. They offer a wider coverage range. This car insurance company currently sells to drivers in Arizona, California, Illinois, New Jersey, Oregon, Pennsylvania, Virginia, and Washington. Mile Auto, on the other hand, which averages $69/mo for Volvo auto insurance, sells to customers in Arizona, Georgia, Illinois, and Oregon, so its offerings are more limited.
When an insurance provider sets rates to cover a vehicle, these premiums are dependent upon some vehicle-related factors, such as safety ratings and replacement costs.
Volvo does create premium, high technology vehicles that can be expensive to build and replace. While this can drive up the cost of insurance, they’re also known for creating some of the safest vehicles on the market.
Volvos are equipped with driver assistance and safety features that can assist with reversing, automatically stop the vehicle when an obstruction is detected, and alert drivers to an oncoming collision.
The safety features that come standard with Volvo vehicles can reduce the risk of an accident and drive insurance costs down, since insurance providers will view Volvos as being less risky to cover.
If you want to save money on Volvo car insurance, you may want to see if you qualify for a discount to reduce your costs. For example, being a safe driver and avoiding accidents keeps your rates low. A driver with a clean record will pay lower rates for Volvo insurance when compared to someone who has a recent accident or DUI on their record.
Your insurance rates for a Volvo vehicle can also be lower with some of the following auto insurance discounts:
Loyalty Discount: Your auto insurance company may lower your rates if you stick with the same company over an extended period.
Good Student Discounts: Often, car insurance providers will lower rates for college and high school students who maintain a GPA of 3.0 or higher.
Multi-Policy Discount: If you bundle your home and auto insurance with the same company, you’ll likely pay less due to a multi-policy discount.
Safe Driving Discount: Some companies will offer lower car insurance rates for drivers who install a device in their car to track driving habits. Safe habits, such as accelerating and braking slowly, will earn you discounts.
Payment Discount: You can also lower Volvo auto insurance costs by agreeing to certain payment settings, such as automatic payments or paperless statements.
Your individual Volvo auto insurance discounts will vary based upon your insurance provider and policy. It may be beneficial to call your auto insurance company directly to ask about available discounts, as they do not always advertise them or automatically apply them to your policy.
Given the advanced safety features that come standard with many Volvo vehicles, your company may automatically apply discounts, but it doesn’t hurt to notify your insurance agent of any specific safety features, such as automatic braking, featured on your Volvo.
If you’re in the market for Volvo car insurance, you may be interested in the answers to some of the following frequently asked questions.
Volvo prides itself on creating premium vehicles, which may lead you to believe that it will be expensive to insure a Volvo. In reality, Volvo vehicles cost less than the average vehicle to insure, primarily because of their high safety ratings.
No, Volvo does not offer its own auto insurance.
Your individual Volvo insurance rates will vary, but on average, you can expect to pay $90 per month to insure a Volvo vehicle, which is lower than the average rate of $106 monthly across all vehicles.
Compare.com's #1 goal is to save you money. We publish resources that are based on hard-hitting data and years of industry experience to help you make more informed decisions with your wallet.
Learn more about us, our team, and what makes us tick.
)
Nick Versaw leads Compare.com's editorial department, where he and his team specialize in crafting helpful, easy-to-understand content about car insurance and other related topics. With nearly a decade of experience writing and editing insurance and personal finance articles, his work has helped readers discover substantial savings on necessary expenses, including insurance, transportation, health care, and more. As an award-winning writer, Nick has seen his work published in countless renowned publications, such as the Washington Post, Los Angeles Times, and U.S. News & World Report. He graduated with Latin honors from Virginia Commonwealth University, where he earned his Bachelor's Degree in Digital Journalism.
)
