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Volvo S40 T5 Insurance Rates

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Estimated insurance rates for a Volvo S40 T5 are $1,510 a year including full coverage. Comprehensive insurance costs an estimated $354, collision costs $634, and liability coverage costs around $364. A policy with only liability insurance costs as low as $430 a year, with a high-risk policy costing $3,260 or more. Teenage drivers pay the most at $5,482 a year or more.

Annual premium for full coverage: $1,510

Premium estimates broken down by type of insurance:

Comprehensive $354
Collision $634
Liability $364

40-year-old driver, full coverage with $500 deductibles, and good driving record

Price Range for Insurance for this Volvo S40 Trim Level

For the average 40-year-old driver, insurance rates for a Volvo S40 T5 go from as low as $430 for the bare minimum liability coverage to a much higher rate of $3,260 for coverage for higher-risk drivers.

Liability Only $430
Full Coverage $1,510
High Risk $3,260

These rate differences highlight why anyone shopping for car insurance should compare prices for a targeted area and risk profile, rather than using average rates.

Use the form below to get rates for your location.

Enter your zip code below to view companies based on your location that have cheap auto insurance rates.

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Car insurance rates for a Volvo S40 T5 also have a wide range based on your driving characteristics, the replacement cost of your S40, and liability limits and deductibles.

An older driver with no driving violations and high deductibles may only pay around $1,400 a year, or $117 per month, for full coverage. Rates are much higher for drivers in their teens, where even good drivers will be charged at least $5,400 a year. View Rates by Age

Where you choose to live has a huge impact on Volvo S40 T5 insurance rates. A driver around age 40 might see rates as low as $1,060 a year in states like North Carolina, Indiana, and , or be forced to pay as much as $1,950 on average in Louisiana, Montana, and Michigan. Rates by state and city are shown later in the article.

Using high physical damage deductibles could cut rates by as much as $660 a year, while increasing your policy's liability limits will increase premiums. Changing from a 50/100 limit to a 250/500 limit will cost up to $327 extra every 12 months. View Rates by Deductible or Liability Limit

If you have a few violations or tend to cause accidents, you are likely paying $1,800 to $2,400 extra annually, depending on your age. High-risk driver insurance can be around 44% to 133% more than a normal policy. View High Risk Driver Rates

With such a large range of rates, the best way to figure out who has the best auto insurance rates is to compare rates and see how they stack up. Each insurance company uses a different method to calculate rates, so rate quotes will be substantially different from one company to the next.

The chart above shows average Volvo S40 T5 insurance rates for different risk profiles and scenarios. The cheapest rate with discounts is $862. Drivers who use higher $1,000 deductibles will pay around $1,288. The average rate for a driver around age 40 using $500 deductibles is $1,510. Using more expensive $100 deductibles for collision and other-than-collision coverage could cost up to $1,948. Drivers with multiple violations and accidents could be charged up to $3,260. The price for full coverage for a teenage driver can be as high as $5,482.

Volvo S40 T5 Insurance Rates by State
State Premium Compared to U.S. Avg Percent Difference
Alabama $1,366 -$144 -9.5%
Alaska $1,158 -$352 -23.3%
Arizona $1,254 -$256 -17.0%
Arkansas $1,510 -$0 0.0%
California $1,722 $212 14.0%
Colorado $1,444 -$66 -4.4%
Connecticut $1,554 $44 2.9%
Delaware $1,710 $200 13.2%
Florida $1,890 $380 25.2%
Georgia $1,396 -$114 -7.5%
Hawaii $1,086 -$424 -28.1%
Idaho $1,022 -$488 -32.3%
Illinois $1,126 -$384 -25.4%
Indiana $1,138 -$372 -24.6%
Iowa $1,020 -$490 -32.5%
Kansas $1,436 -$74 -4.9%
Kentucky $2,062 $552 36.6%
Louisiana $2,236 $726 48.1%
Maine $932 -$578 -38.3%
Maryland $1,246 -$264 -17.5%
Massachusetts $1,210 -$300 -19.9%
Michigan $2,626 $1,116 73.9%
Minnesota $1,264 -$246 -16.3%
Mississippi $1,810 $300 19.9%
Missouri $1,340 -$170 -11.3%
Montana $1,622 $112 7.4%
Nebraska $1,192 -$318 -21.1%
Nevada $1,812 $302 20.0%
New Hampshire $1,090 -$420 -27.8%
New Jersey $1,690 $180 11.9%
New Mexico $1,338 -$172 -11.4%
New York $1,592 $82 5.4%
North Carolina $872 -$638 -42.3%
North Dakota $1,238 -$272 -18.0%
Ohio $1,042 -$468 -31.0%
Oklahoma $1,554 $44 2.9%
Oregon $1,384 -$126 -8.3%
Pennsylvania $1,442 -$68 -4.5%
Rhode Island $2,014 $504 33.4%
South Carolina $1,368 -$142 -9.4%
South Dakota $1,276 -$234 -15.5%
Tennessee $1,324 -$186 -12.3%
Texas $1,820 $310 20.5%
Utah $1,120 -$390 -25.8%
Vermont $1,034 -$476 -31.5%
Virginia $904 -$606 -40.1%
Washington $1,168 -$342 -22.6%
West Virginia $1,384 -$126 -8.3%
Wisconsin $1,048 -$462 -30.6%
Wyoming $1,348 -$162 -10.7%

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Rates by Driver Age

Volvo S40 T5 Insurance Rates by Driver Age
Driver Age Premium
16 $5,482
20 $3,478
30 $1,586
40 $1,510
50 $1,376
60 $1,350

Full coverage, $500 deductibles

Rates by Deductible

Volvo S40 T5 Insurance Rates with Different Deductibles
Deductible Premium
$100 $1,948
$250 $1,746
$500 $1,510
$1,000 $1,288

Full coverage, driver age 40

Rates by Liability Limit

Volvo S40 T5 Insurance Rates with Different Liability Limits
Liability Limit Premium
30/60 $1,510
50/100 $1,583
100/300 $1,674
250/500 $1,910
100 CSL $1,619
300 CSL $1,819
500 CSL $1,965

Full coverage, driver age 40

Rates for High Risk Drivers

Volvo S40 T5 Insurance Rates for High Risk Drivers
Age Premium
16 $7,846
20 $5,524
30 $3,344
40 $3,260
50 $3,110
60 $3,080

Full coverage, $500 deductibles, two speeding tickets, and one at-fault accident

If a financial responsibility filing is required, the additional charge below may also apply.

SR-22 Surcharge $209

Potential Rate Discounts

If you qualify for discounts, you may save the amounts shown below.

Discount Savings
Multi-policy $81
Multi-vehicle $77
Homeowner $21
5-yr Accident Free $115
5-yr Claim Free $98
Paid in Full/EFT $72
Advance Quote $76
Online Quote $108
Total Discounts $648
Rate after discounts $862

Discounts are estimated and may not be available from every company or in every state.

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