Volvo XC40 Car Insurance Cost
To insure a Volvo XC40, it typically costs about $1,596 per year with coverage from USAA. However, insurance costs can vary based on factors like age, the model year of the car, and other individual factors. You can use our quote tables below to get an estimate of how much it might cost you.
We’ve saved shoppers an average of $600 per year on their car insurance.
If you’re thinking about buying a Volvo XC40, it’s important to consider the cost of insurance. Insurance is a crucial aspect of owning a car, and it’s essential to understand what you’re signing up for before you make a purchase.
Failing to choose a suitable car insurance policy can result in unexpected and potentially high expenses in the future. You don’t want to find yourself with inadequate coverage in the event of an accident, which could leave you facing substantial out-of-pocket costs. Additionally, there’s the possibility of your insurance premiums increasing if you’re deemed at fault in an accident.
Having analyzed car insurance rates for over a decade, I’ve observed how much these costs can vary. Factors such as your age, driving history, and even your location can significantly impact the premiums you pay for insurance.
How Much Does Volvo XC40 Car Insurance Cost?
Typically, USAA provides the most attractive price, averaging $1,596 annually, for comprehensive insurance coverage on a 2024 Volvo XC40.
Although USAA’s price serves as a solid reference point, it’s essential to recognize that car insurance costs can fluctuate significantly based on various factors. These factors encompass your geographical location, driving history, the model year of your vehicle, and the specific coverage options you select. A clean driving record tends to result in lower premiums, whereas a track record of accidents or traffic violations can lead to higher costs.
Furthermore, residing in an urban area with heavy traffic often translates to higher insurance rates compared to rural areas with less traffic congestion. Additionally, the type of coverage you opt for will impact your premium. Comprehensive insurance, which includes coverage for a wide range of incidents including collisions and theft, will generally carry a higher price tag than basic liability coverage.
Insuranceopedia offers assistance in comparing quotes from various insurance providers, ensuring that you secure the most favorable deal for your circumstances.
2024 Volvo XC40 Insurance Rates
| Insurance Provider | Average Annual Cost |
| Mercury | $1,680 |
| Erie | $2,127 |
| CSAA | $1,805 |
| Grange | $1,773 |
| USAA | $1,596 |
| 21st Century | $1,748 |
| Metropolitan | $1,637 |
| California Capital | $1,912 |
| Travelers | $2,095 |
| State Farm | $1,803 |
2023 Volvo XC40 Insurance Rates
| Insurance Provider | Average Annual Cost |
| Atlantic States Insurance | $1,007 |
| Erie | $1,678 |
| Donegal Mutual Insurance Co | $1,352 |
| Auto-Owners Insurance Co | $1,168 |
| Victoria | $250 |
| New Jersey Manufacturers | $1,083 |
| Allied | $775 |
| American Independent Ins Co | $1,396 |
| Liberty Mutual | $1,627 |
| Penn National | $1,302 |
2022 Volvo XC40 Insurance Rates
| Insurance Provider | Average Annual Cost |
| Virginia Farm Bureau | $1,096 |
| Colorado Farm Bureau Mutual | $1,477 |
| Oregon Mutual | $1,231 |
| Allied | $1,174 |
| Unigard | $911 |
| Penn National | $1,173 |
| PEMCO | $984 |
| Cincinnati Insurance | $1,275 |
| Mutual Of Enumclaw | $1,419 |
| Capital Insurance Group | $1,208 |
2021 Volvo XC40 Insurance Rates
| Insurance Provider | Average Annual Cost |
| Texas Farm Bureau Group | $893 |
| Country | $1,429 |
| Norfolk and Dedham Group | $1,313 |
| New Jersey Manufacturers | $1,070 |
| Safeco | $211 |
| Pekin Insurance | $860 |
| American National P | $468 |
| Penn National | $1,333 |
| Auto-Owners Insurance Co | $1,404 |
| Safety Group | $1,262 |
2020 Volvo XC40 Insurance Rates
| Insurance Provider | Average Annual Cost |
| Clearcover | $1,099 |
| Acuity | $1,833 |
| Rockford Mutual Insurance | $1,688 |
| Hastings Mutual Insurance Co | $1,428 |
| Clearcover | $1,007 |
| Auto-Owners Insurance Co | $1,369 |
| New Jersey Manufacturers | $1,072 |
| SECURA Insurance | $1,787 |
| Pekin Insurance | $1,799 |
| West Bend Mutual | $1,597 |
2019 Volvo XC40 Insurance Rates
| Insurance Provider | Average Annual Cost |
| Cincinnati Insurance | $697 |
| Frankenmuth Mutual | $1,260 |
| Mercury Insurance | $1,069 |
| Ohio Mutual Ins Group | $889 |
| Buckeye Insurance Group | $372 |
| Celina Insurance Group | $877 |
| Western Reserve | $675 |
| Atlantic States Insurance | $1,201 |
| Farm Bureau Mutual (IA Group) | $1,243 |
| Westfield | $925 |
Find Affordable Volvo XC40 Car Insurance
Cost of Volvo XC40 Car Insurance By Age
| Drive Age | Good Driver | Recent Accident | Poor Credit |
| 17 | $8,055 | $11,786 | $13,813 |
| 18 | $7,531 | $11,023 | $12,899 |
| 19 | $6,621 | $9,715 | $11,369 |
| 20 | $5,773 | $8,449 | $9,919 |
| 21 | $4,810 | $7,102 | $8,327 |
| 22 | $4,752 | $6,938 | $8,082 |
| 23 | $4,107 | $6,069 | $7,096 |
| 24 | $3,932 | $5,771 | $6,736 |
| 25 | $3,352 | $4,966 | $5,829 |
| 30 | $2,666 | $3,880 | $4,518 |
| 35 | $2,456 | $3,594 | $4,244 |
| 40 | $2,357 | $3,493 | $4,076 |
| 45 | $2,315 | $3,394 | $4,005 |
| 55 | $2,143 | $3,108 | $3,640 |
| 65 | $2,178 | $3,255 | $3,815 |
| 75 | $2,775 | $4,094 | $4,807 |
Volvo XC40 Car Insurance Rates By State
| State | Good Driver | Recent Accident | Poor Credit |
| Alabama | $2,506 | $3,653 | $4,653 |
| Alaska | $2,090 | $2,915 | $2,808 |
| Arizona | $2,372 | $3,416 | $5,016 |
| Arkansas | $2,601 | $4,027 | $4,433 |
| California | $2,873 | $5,076 | $2,886 |
| Colorado | $2,674 | $3,778 | $4,772 |
| Connecticut | $3,452 | $5,331 | $6,740 |
| Delaware | $2,816 | $3,791 | $4,814 |
| Florida | $3,397 | $4,651 | $6,101 |
| Georgia | $2,752 | $4,142 | $4,142 |
| Hawaii | $1,108 | $1,473 | $1,079 |
| Idaho | $1,917 | $2,528 | $3,062 |
| Illinois | $1,984 | $3,024 | $3,441 |
| Indiana | $2,074 | $3,135 | $3,528 |
| Iowa | $1,631 | $2,213 | $2,654 |
| Kansas | $2,147 | $3,181 | $3,654 |
| Kentucky | $3,086 | $4,586 | $5,413 |
| Louisiana | $4,007 | $6,061 | $6,572 |
| Maine | $1,521 | $2,064 | $3,114 |
| Maryland | $2,461 | $3,575 | $3,950 |
| Massachusetts | $1,978 | $3,437 | $1,959 |
| Michigan | $4,756 | $7,271 | $11,426 |
| Minnesota | $1,951 | $2,601 | $3,684 |
| Mississippi | $2,378 | $3,368 | $3,422 |
| Missouri | $2,241 | $3,190 | $4,222 |
| Montana | $2,257 | $3,156 | $3,709 |
| Nebraska | $1,913 | $2,845 | $3,036 |
| Nevada | $3,140 | $4,677 | $4,953 |
| New Hampshire | $2,171 | $3,459 | $4,384 |
| New Jersey | $2,418 | $3,782 | $4,995 |
| New Mexico | $2,454 | $3,678 | $3,794 |
| New York | $2,277 | $2,872 | $4,821 |
| North Carolina | $1,391 | $2,426 | $1,712 |
| North Dakota | $1,911 | $2,942 | $3,520 |
| Ohio | $1,748 | $2,675 | $2,738 |
| Oklahoma | $2,774 | $3,977 | $4,458 |
| Oregon | $2,512 | $3,371 | $4,044 |
| Pennsylvania | $2,123 | $3,074 | $3,631 |
| Rhode Island | $3,542 | $5,176 | $5,822 |
| South Carolina | $2,398 | $3,351 | $4,595 |
| South Dakota | $2,133 | $3,102 | $3,555 |
| Tennessee | $2,527 | $3,710 | $4,950 |
| Texas | $2,556 | $3,681 | $4,562 |
| Utah | $2,172 | $3,048 | $4,196 |
| Vermont | $1,681 | $2,595 | $2,704 |
| Virginia | $1,576 | $2,387 | $2,375 |
| Washington | $2,104 | $2,820 | $3,357 |
| West Virginia | $2,094 | $2,997 | $3,784 |
| Wisconsin | $2,106 | $3,268 | $3,696 |
| Wyoming | $1,945 | $2,724 | $2,896 |
Compare Volvo XC40 To Other Volvo Models
Looking for other Volvo model insurance costs?
Our Methodology
To ensure accurate and trustworthy insurance company ratings, I employed a detailed methodology. I assess numerous insurers, utilizing insights from reputable review sites and critical metrics from industry authorities such as A.M. Best and J.D. Power. With my 15 years of experience as an insurance agent, I enhance our analysis with firsthand knowledge, ensuring our ratings are reliable guides for your insurance decision-making process.
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