Volvo XC40 Insurance Cost

Auto insurance for a Volvo XC40 will cost about $1,651 per year.

This beats the national average for luxury SUV models by $243. Our car insurance comparison study assumes a 40 year old good driver with full coverage and good credit that drives around 13,000 miles per year. They also assume a single-car policy on a brand-new vehicle, and won't reflect any multi-car discounts.

Auto insurance premiums vary a great deal by age, state, insurance company and mileage. Factors such as recent accidents, traffic violations, credit history also impact these rates. The following chart illustrates how some of these scenarios affect the cost of car insurance for a Volvo XC40.

Good Driver and Credit
Recent At-Fault Accident
Poor Credit Rating

Volvo XC40 insurance rates can also differ significantly between providers for the same coverage. If you've been with your current insurance company for more than a few years, you should get new quotes to make sure you're not overpaying. Try our Competitive Quote Tool or the form below to get free quotes to lower your insurance costs. Advertising Disclosure

Volvo XC40 Insurance Cost by Age

Age Good Driver Recent Accident Poor Credit
17 $5,592 $8,211 $9,606
18 $5,211 $7,652 $8,952
19 $4,606 $6,763 $7,912
20 $4,016 $5,897 $6,899
21 $3,368 $4,945 $5,785
22 $3,280 $4,816 $5,634
23 $2,870 $4,214 $4,930
24 $2,726 $4,003 $4,683
25 $2,353 $3,455 $4,042
30 $1,833 $2,691 $3,148
35 $1,717 $2,521 $2,949
40 $1,651 $2,424 $2,836
45 $1,606 $2,359 $2,760
55 $1,473 $2,163 $2,531
65 $1,537 $2,257 $2,640
75 $1,940 $2,848 $3,332

Volvo XC40 car insurance premiums can cost a lot more or less depending on where you live. Rates are more expensive in Michigan because they mandate much higher coverage levels. California, Hawaii and Massachusetts don't allow providers to adjust rates based on credit. These figures also do not include the potential discounts on a multi-vehicle policy. Those can provide significant savings to a household full of drivers. The table below is a breakdown of how these factors can affect Volvo XC40 by state.

Volvo XC40 Insurance Rates by State

State Good Driver Recent Accident Poor Credit
Alabama $1,749 $2,541 $3,234
Alaska $1,447 $2,006 $1,950
Arizona $1,636 $2,365 $3,484
Arkansas $1,793 $2,818 $3,102
California $1,997 $3,531 $1,997
Colorado $1,863 $2,608 $3,309
Connecticut $2,381 $3,692 $4,686
Delaware $1,971 $2,626 $3,374
Florida $2,347 $3,246 $4,230
Georgia $1,913 $2,861 $2,884
Hawaii $764 $1,037 $764
Idaho $1,328 $1,760 $2,140
Illinois $1,390 $2,101 $2,395
Indiana $1,428 $2,183 $2,449
Iowa $1,131 $1,551 $1,824
Kansas $1,504 $2,189 $2,560
Kentucky $2,175 $3,193 $3,770
Louisiana $2,792 $4,220 $4,576
Maine $1,056 $1,459 $2,155
Maryland $1,708 $2,487 $2,762
Massachusetts $1,370 $2,390 $1,370
Michigan $3,306 $5,038 $7,947
Minnesota $1,361 $1,815 $2,555
Mississippi $1,643 $2,343 $2,359
Missouri $1,548 $2,213 $2,908
Montana $1,574 $2,196 $2,556
Nebraska $1,330 $1,968 $2,138
Nevada $2,195 $3,255 $3,439
New Hampshire $1,527 $2,414 $3,052
New Jersey $1,682 $2,639 $3,453
New Mexico $1,718 $2,555 $2,652
New York $1,591 $2,003 $3,344
North Carolina $986 $1,694 $1,208
North Dakota $1,350 $2,051 $2,426
Ohio $1,203 $1,856 $1,903
Oklahoma $1,922 $2,751 $3,098
Oregon $1,749 $2,346 $2,802
Pennsylvania $1,473 $2,163 $2,530
Rhode Island $2,459 $3,607 $4,062
South Carolina $1,670 $2,314 $3,195
South Dakota $1,498 $2,159 $2,491
Tennessee $1,762 $2,594 $3,455
Texas $1,775 $2,564 $3,189
Utah $1,510 $2,115 $2,911
Vermont $1,162 $1,790 $1,892
Virginia $1,095 $1,681 $1,647
Washington $1,449 $1,967 $2,349
West Virginia $1,458 $2,088 $2,616
Wisconsin $1,454 $2,269 $2,588
Wyoming $1,357 $1,900 $2,023

Volvo XC40 Insurance Rankings

Insurance Rankings

We've ranked over 200 models from best to worst for Insurance. See where the Volvo XC40 ranks for Insurance compared to other vehicles. Also check out how the XC40 stacks up in our rankings for Depreciation, Maintenance, Overall Costs.

Insurance Rankings

Other Volvo XC40 Costs of Ownership

Finding a car or truck that saves on insurance costs is important. But, it's also imperative to view all major Volvo XC40 costs. This will ensure that you are finding the vehicle that provides you the best value, at the lowest cost. We've created tools that will also help you to save on the following ownership expenses: