Best Volvo Car Insurance Quotes (2023)

Maybe you’re traversing the open roads in a luxurious tank of a vehicle, the Volvo XC90. Or maybe you’re looking to drive home an XC40, getting your hands on a premium vehicle at a reasonable price. Either way, you’ve proven that you’re willing to sacrifice neither quality nor value. Still, you drive an elite vehicle that’s expensive to replace, and insurance will price your policy accordingly. Volvos require a higher cost to maintain, repair, and insure than the average vehicle, but not by any tremendous margin. If you’re already expecting to pay a little extra, let’s make sure to get your money’s worth in the insurance of your choosing.

The first step, as always, is to gather quotes. But remember: not all quotes are created equal. Maybe you need liability coverage, full coverage, or more. Let’s talk about the coverage options you might like to consider, and then we’ll see how much you should expect to pay.

Comparing Coverage Options for Your Volvo

Your car is more than a mere automobile. Apart from your home, it’s likely your second-most valuable asset, so insuring it to full value is a must. Insurance companies offer an abundance of options, and you may need some, if not all of them. Let’s cover a few:

• Liability coverage: Liability coverage is a car insurance requirement in all states and the foundation of all car insurance policies. Whether you cause an accident, a pileup, run over a neighbor’s mailbox, or cause injuries to another party, your Volvo’s liability coverage steps in to protect you in some of the most common — and worst — situations.

• Comprehensive car insurance coverage: To protect your Volvo, comprehensive coverage may very well be a necessity. In today’s economy, windshields commonly run north of $1,000 to replace, and many states waive car insurance deductibles for windshield repair/replacement. Comprehensive coverage also kicks in when you need to file claims regarding theft, falling objects, floods, or a variety of other external causes which don’t involve your vehicle colliding with another object.

• Collision coverage: Suppose you’ve still got payments to make, whether loan or lease. Comprehensive and collision will be required by your lienholder/lessee in order to protect their investment. If it’s paid off, neither is required, but both are worth looking into. Liability (listed above) pays for damages or injury to the other party’s person/vehicle in the event that you cause an accident, but liability does not pay to fix your vehicle in such an instance. Collision coverage is offered as a means of repairing or replacing your vehicle in the event of an at-fault accident. Find the best collision coverage car insurance companies.

• Uninsured/Underinsured Coverage: This largely unknown coverage could be a lifesaver under the right circumstances. In many states, the required liability coverage one needs to drive covers far less in property damage than would be necessary to replace your vehicle. For instance, let’s consider the Volvo S90. Nowadays, they begin at around $57,000. If someone totals your vehicle in a state which requires that they carry only $25,000 in property damage liability, you could be left to pay the remaining $30,000 in an accident you didn’t cause. Underinsured coverage steps in to make up the difference between the offending driver’s liability limit and the cost of medical/property damage. Adding this coverage will make the policy on your XC60 more expensive, but it’s all about the risk you’re willing to take. Find the best uninsured motorist coverage car insurance companies.

• Roadside assistance: This is a relatively cheap option at most insurance companies, but it may help you evade the costliest of claims. Abandoning a vehicle raises the chances of vandalism and theft, so a few extra bucks a year may protect your purchase and give you peace of mind.

Comparing Rates and Coverage Options for Volvos

Are Volvos expensive to insure? You can expect your rates to clock in above average, but for a luxury vehicle, Volvo insurance is quite reasonable. Still, the vehicle you drive is only one data point that factors into your cost. Other factors that affect your car insurance rates include: your age, driving history, credit score, insurance history, location, and other personal information.

Coverage options and car insurance discounts vary from provider to provider. Compare multiple car insurance and look them over thoroughly before you decide. While you’re at it, keep these discounts in mind to lower the insurance cost:

• Vehicle safety: Volvos are known for boasting some of the highest-tech safety features available. Most insurance companies offer discounts accordingly.

• Anti-theft: Many Volvos are automatically equipped with anti-theft features, so ask your insurance carrier to be sure that you’re seeing those savings.

• Multi-car: If your Volvo has a companion in the garage, quote your other vehicle(s) too. Bundling vehicles with the same company often garners one of the biggest discounts available.

• Multi-line: Whether it’s homeowners, renters, or life insurance, bundling policies of different types will garner a discount on each.

• Driver training: Maybe it’s been a while since you’ve taken a driver’s training course. Most insurers offer discounts for taking updated classes, even online.

• Usage-based auto insurance: Many major insurance companies now offer discounts for drivers who allow monitoring of their driving habits, whether through a device or by downloading and maintaining an app.

The Bottom Line: Selecting the Best Insurance Company for Your Volvo

Who should you choose? It varies. Car insurance rates range from carrier to carrier, state to state, and person to person. Price is naturally a determining factor, but it should never be the only one. See who has the best ratings and allow those thoughts to factor in. See below for a ranking chart based on claims ratings, user satisfaction, affordability, and financial stability:

In the event of a claim, who do you trust to address your needs quickly, help you secure a rental vehicle, or help you find the right body shop? Every provider does business differently, so which insurance company is best to insure your Volvo could have more to do with your personality than the fine print of any insurance contract. If you prefer interacting face-to-face, opt for an agent. Captive agents can quote you with a single company, while independent agents (brokers) can quote you from a variety of companies at once, plus, they serve as your face-to-face contact in the event of an emergency, claim, or crisis. Other companies prefer to operate without local agents at all. This may save on expenses, but if you’re an in-person customer, it may not be worth the headache. If, however, you prefer to do your business online or via an app, the reverse could be true.

In today’s car market, all claims are costlier than usual and perhaps more expensive than ever. Volvos may not be the most expensive to repair, but they’re high-end vehicles, and you can count on high-end costs. It’s worth finding the insurer who provides you the peace of mind you deserve. If you’re concerned that your current insurer doesn’t have your back, do yourself a favor and shop around.