Volvo Insurance Rates
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Are Volvos expensive to insure?
Volvo is currently ranked as having the second-most expensive insurance rates in America, behind only Mercedes-Benz. They are known for their luxury vehicles and safety features, but when it comes to insurance, they are still just another brand option. Currently, Volvo is looking into making this even more affordable by partnering with insurtech startups. The company has done very little marketing when it comes to insuring their cars, which adds to how expensive they are likely to be. Even though you may not see advertisements for Volvo on television or online ads popping up frequently, that doesn't mean that there isn't a demand for the brand in the automotive industry. This high demand makes Volvos cost more because of how much competition there is for these cars.
Who underwrites Volvo insurance?
Volvo insurance is underwritten by various companies depending on which state you are in.
Does car by Volvo include insurance?
No, for this you need to buy additional insurance from the car's producer.
How much does a Volvo subscription cost?
A monthly subscription starts at 159 EUR. The Volvo XC60 is included in the subscription price, along with other benefits such as emergency service and breakdown assistance. Our customers can also choose to subscribe to a service that includes insurance and financing of the car: either a three-year contract or a five-year contract. A three-year subscription contract for new customers costs 1,495 EUR per month while existing Volvo customers pay 1,395 EUR per month. Under a new five-year subscription contract, customers will receive our best value yet u2013 only 999 EUR per month (only 996 EUR per month for existing customers), saving them more than 3 000 EUR on their new Volvo over the duration of the contract. Our prices include a VAT of 24%.
Volvo Models
Potential Rate Discounts
If you qualify for discounts, you may save the amounts shown below.
Discount | Savings |
---|---|
Multi-policy | $64 |
Multi-vehicle | $61 |
Homeowner | $17 |
5-yr Accident Free | $81 |
5-yr Claim Free | $86 |
Paid in Full/EFT | $47 |
Advance Quote | $66 |
Online Quote | $94 |
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Discounts are estimated and may not be available from every company or in every state.