Compare Volvo Car Insurance Rates

Looking for car insurance for your Volvo? You’ve come to the right place. Check out our latest guide below on everything you need to know about car insurance for Volvo cars and SUVs.

Updated March 11, 2022

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. 

At we help our drivers save an average of $720/mo on insurance premiums. Enter your zip code below to get started. 

Cost of Volvo Insurance

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. 

Volvo Car Insurance Rates by Model

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Volvo S60 

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.

Volvo XC90

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. 

Volvo S80

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 V70

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.

Volvo XC60

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. 

Volvo C70

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. 

Volvo S70

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. 

At, you can receive a free, personalized insurance quote in just minutes. We help drivers save an average of $720/year! Get started by entering your zip code below. 

Volvo Car Insurance Rates by Insurance Company

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. 

Volvo Features That Impact Insurance Cost

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. 

Volvo Auto Insurance Discounts 

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. 

FAQs About Volvo  Car Insurance

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.

Are Volvo cars more expensive to insure?

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.

Does Volvo have its own car insurance?

No, Volvo does not offer its own auto insurance. 

How much does Volvo insurance cost?

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.

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