Jerry Summary

Volvo car insurance costs $305 per month, on average, according to a September 2025 analysis of full coverage auto insurance quotes for Jerry customers. Aspire Advantage offers the cheapest coverage at $186 per month for full coverage. But the model and trim level you choose will greatly influence how much you pay. Save by comparing quotes from multiple insurers, bundling policies and asking for discounts.

Volvo car insurance premiums can differ greatly. Here are average costs by model, which insurers offer the best value and how to effectively shop for Volvo coverage.

Average Volvo car insurance costs

The average cost of full coverage Volvo car insurance is $305 per month, according to Jerry’s data analysis of auto insurance quotes. Minimum coverage costs an average of $140 per month.

The cost to insure a Volvo depends on the specific model, the vehicle’s age, your driving history and your demographics. More expensive cars often mean higher insurance premiums, but not always. To get the best deal, it’s important to compare car insurance quotes  from different insurers for the Volvo you’re looking at.

Here are full coverage insurance averages for several Volvo models, based on Jerry’s data analysis.

If you have a loan or lease on your vehicle, the lender will require full coverage. You may also need gap insurance, which can help you pay off your loan if your car is totaled.

Average cost of Volvo car insurance, by state

Every state has its own insurance laws and risk factors — including weather events, uninsured drivers and population density — which is why premiums for Volvo vehicles differ across the country.

For example, Volvo auto insurance in Texas costs an average of $288 per month for full coverage. In New Jersey, the monthly average is $336.

Below are the average full coverage costs for Volvo insurance by state.

Factors that affect Volvo car insurance costs

Sedans, crossovers, and SUVs, oh my! Your rates depend on which Volvo model you own. Here’s why your specific model affects your insurance premium:

• Safety features: Volvo is known for great safety ratings across its entire lineup, but some models are extra impressive (like the XC40 SUV, which earns top crash test ratings).
• Value: If your model is worth a lot of money, you’ll pay more to insure it. That’s why a newer XC90 costs more to insure than a 2017 XC40.
• Engine: More horsepower equals a higher risk for speeding tickets and accidents. The S90 T8’s 455-hp engine contributes to its high insurance costs compared to less powerful Volvos.
• Repair costs: Some models (especially an electric car like the XC40 Recharge) cost a lot to repair. Repair costs, and the cost of replacement parts, are factored into your insurance costs.
• Vehicle cost: You’ll pay more for full coverage (collision and comprehensive) on luxury vehicles and high-performance models (like the XC60).
• Vehicle age: Newer models tend to have more complex technology and higher market value—so they usually cost more to insure.
• Cost of parts: If you own a rare model (or an electric vehicle), replacement parts can be costly and hard to find. This can drive up insurance prices.
• Your age: Drivers under the age of 25 pay the most for coverage, no matter which car they drive. Drivers over 70 years of age pay more than average, too.
• Your driving record and claims history: If you have a clean driving history, you’ll enjoy the lowest rates. However, if you have accidents and violations on your record, you’ll have to pay more for coverage.
• Where you keep your car: Your zip code and your parking location matter a lot. Dense cities and risky neighborhoods increase the risk of getting into an accident, so you’ll pay more for coverage in these areas.

Here are a few specific factors that impact auto insurance rates for Volvo:

• Imports: Most Volvo vehicles are imported from Sweden, although some are manufactured in the USA. This can drive up the cost of insurance because imported replacement parts cost more.
• Safety: Volvo receives consistently high ratings for safety. Many of their vehicles have been top safety picks from major insurance bodies like the IIHS.
• Reliability: Unfortunately, Volvos do not get the best reliability ratings. With higher claims rates for some models, drivers pay higher prices for coverage.

Best Volvo car insurance

To find the best car insurance companies, Jerry’s editorial team conducts yearly evaluations using metrics like complaint frequency and a carrier’s financial strength.

Here are our recommended companies for 2025.

These insurers are solid picks overall, but some aren’t available in all states. To see our top insurers in your state, click below.

Cheapest Volvo car insurance

Full coverage

Aspire Advantage offers the cheapest full coverage car insurance for Volvo, with an average rate of $185 per month.

Below are the cheapest insurance companies for Volvo for full coverage, according to Jerry’s data analysis.

Learn more: What does full coverage car insurance cover?

If you have a loan or lease on your vehicle, the lender will require full coverage. You may also need gap insurance, which can help you pay off your loan if your car is totaled.

Minimum coverage

Mercury offers the cheapest minimum coverage auto insurance for Volvo, with an average rate of $38 per month.

These are the most cost-effective insurance companies for minimum coverage for a Volvo, according to Jerry’s analysis.

By state

The cheapest Volvo insurance company varies between states, due to varying state regulations and minimum requirements. To see the cheapest carriers in your state, click below.

Volvo S60 auto insurance costs

The average car insurance cost for a Volvo S60 is $351 per month, according to Jerry’s data analysis of full coverage quotes.

Here are S60 auto insurance rates from Jerry customers with full coverage policies.

Volvo S90 auto insurance costs

The average car insurance cost for a Volvo S90 is $413 per month, according to an analysis of full coverage quotes to real Jerry customers.

Here are S90 auto insurance rates from Jerry customers with full coverage policies.

Volvo XC60 auto insurance costs

The average car insurance cost for a Volvo Xc60 is $297 per month, according to Jerry’s full coverage quote data.

Here are Xc60 auto insurance rates from Jerry customers with full coverage policies.

Volvo XC90 auto insurance costs

The average car insurance cost for a Volvo Xc90 is $287 per month, according to Jerry’s analysis of full coverage quotes.

Here are Xc90 auto insurance rates from Jerry customers with full coverage policies.

Volvo car insurance shopping tips

There are a variety of ways to save money when insuring a Volvo vehicle.

• Shop around: Shopping around for insurance coverage is the fastest way to find low rates. Use a comparison app to look at free quotes from major companies, and then sign up for the best deal. Jerry can help you cancel your old policy, too.
• Opt for a smaller vehicle: Smaller cars tend to cost less to insure, like an S60 instead of an XC40. You’ll save even more money if you buy a used model.
• Bundle your insurance policies: Bundling your home and auto insurance with the same company can unlock a nice discount.
• Ask about discounts: While not specific to Volvo, many companies offer car insurance discounts for things like safe driving, autopay, or eStatements. Eligibility requirements vary.
• Reduce your coverage: If you drive an older vehicle below a certain value threshold, you may want to consider reducing coverage on your collision and comprehensive insurance.

Methodology

Data included in this analysis comes from policies that Jerry has quoted within the last 6 months for drivers with a clean record and that have full coverage, unless stated otherwise. Data related to violations, accidents or credit scores pull from quote data from the last 18 months. Jerry services 48 states and offers a range of insurance companies to choose from.