Who are Volvo?
Volvo have come a long way since 1927, when their first car, the ‘Jakob’ was built in Gothenburg, Sweden. Today, Volvo are owned by Chinese car maker Zhejiang Geely who bought the company from Ford in 2010.
Designing the first three-point seat belts back in 1959, Volvo have always been at the forefront of safety innovation. In more recent times they’ve introduced intelligent safety features such as ‘birds eye view’ parking cameras and lane keeping aids, as well as a probe to help cut emissions in petrol cars by 90%.
Frequently asked questions
How much does a Volvo cost to insure?
Although various factors go into calculating car insurance, such as your age, driving experience and where you live, safety equipment is also considered. And, as you’d imagine, Volvo don’t fall short here, and lots of safety features are fitted as standard across the range. New models even feature an airbag under the bonnet to protect pedestrians in the event of a collision.
Volvo insurance groups range from 17 to 44 depending on the model, engine and age of the vehicle. Usually, you’d expect to pay more insurance for vehicles in higher groups. But average premiums for the most popular Volvo models are below the latest quarterly average of £707** for all car makes and motorist age groups.
According to our data, the average insurance costs*** of these vehicles are:
- Volvo V40 Cross Country LUX D2: average premium £574.53 per year
- Volvo V40 R-Design D2 (115): average premium £589.83 per year
**Based on our Premium Drivers Report, December 2020.
***Average price amount based on the top five quotes from Compare the Market data from 1 October 2020 to 1 January 2021. The average is based on all variations of the vehicle model and uses risk data from people with different age ranges, addresses and driving histories. You may find a cheaper or more expensive quote based on your circumstances.
Can I cut the cost of my Volvo insurance?
There are ways to help cut the cost of your premium even further such as:
- increasing your voluntary excess
- parking overnight in a secure place such as a private driveway.
- building up a good no claims discount
Check out our tips for cheap car insurance for more ways to help reduce the cost of your car insurance.
Where can I find Volvo insurance?
By simply comparing quotes with us, you could save up to £228^^ on your average car insurance premium.
Give us some details about you and your Volvo car, and we’ll send you a list of quotes from our database of more than 132 trusted car insurance provider priducts^^^. You’ll have the opportunity to tailor your quote to suit your needs and find the right policy for you at a price you’re happy with.
You can also compare Volvo insurance costs with other brands such as BMW and Volkswagen at our car manufacturers hub.
^^Based on Online independent research by Consumer Intelligence during November 2020. 50% of customers could achieve this saving on their car insurance through Compare the Market.
^^^Correct as of November 2020.