Volvo V50 Insurance Rates

Do you need help finding cheap Volvo V50 insurance rates? The average cost of Volvo V50 insurance is $1,230 a year, or $102 a month. Learn more about Volvo V50 frequently asked coverage questions.

Want Volvo V50 price assurance that you have the cheapest rates? Enter your ZIP code in our free tool above to find the cheapest rates for a Volvo V50.

The average auto insurance rates for a Volvo V50 are $1,492 annually for full coverage. Comprehensive costs on average $336 a year, collision insurance costs $626, and liability coverage is estimated at $372. A liability-only policy costs approximately $438 a year, and high-risk insurance costs around $3,228. Teen drivers cost the most to insure at up to $5,458 a year.

Average premium for full coverage: $1,492

Policy rates by type of insurance:

Rates are based on $500 physical damage deductibles, 30/60 split liability limits, and includes UM/UIM and medical coverage. Prices are averaged for all states and V50 trim levels.

Price Range Variability

Urban vs. Rural Price Range

Living in a larger city has a large influence on car insurance rates. Rural areas are shown to have fewer accident claims than larger metro areas. The diagram below illustrates how location helps determine car insurance rates.

The examples above show why it is important to get quotes based on a specific location and their own personal driving habits, rather than using price averages.

Use the form below to get customized rates for your location.

Rates by State, City, and Model

The chart below shows average Volvo V50 insurance rates for different risk profiles and scenarios.

• The lowest rate with discounts is $850
• Choosing higher $1,000 deductibles can save around $1,272 a year
• The estimated rate for a good driver age 40 with $500 deductibles is $1,492
• Choosing low $100 deductibles for comp and collision coverage will cost $1,916
• Drivers with multiple violations and an at-fault accident could pay upwards of $3,228
• Policy cost with full coverage for a teenage driver may cost $5,458 each year

View Chart as Image

Car insurance rates for a Volvo V50 also range considerably based on the model year and trim level, your driver profile, and policy deductibles and limits.

Older drivers with no driving violations and high physical damage deductibles may only pay around $1,400 annually on average, or $117 per month, for full coverage. Rates are highest for teenagers, where even without any violations or accidents they will be charged upwards of $5,400 a year. View Rates by Age

If you have a few points on your driving record or you caused a few accidents, you could be paying at a minimum $1,800 to $2,400 extra every year, depending on your age. A high-risk auto insurance policy ranges around 44% to 135% more than average. View High Risk Driver Rates

Choosing high deductibles can save as much as $650 a year, while buying higher liability limits will cost you more. Going from a 50/100 bodily injury limit to a 250/500 limit will raise rates by up to $335 extra every 12 months. View Rates by Deductible or Liability Limit

Your home state plays a big part in determining prices for Volvo V50 insurance rates. A good driver about age 40 could pay as low as $980 a year in states like Idaho, Maine, and Iowa, or as much as $2,130 on average in Michigan, Louisiana, and New York.

View Chart as Image

Insurance Rates by Trim Level and Model Year

Rates assume 2024 model year, a 40-year-old male driver with no accidents or violations, $500 comprehensive and collision deductibles, minimum liability limits, and uninsured/under-insured motorist coverage included. Rates are for comparison only and are averaged for all 50 U.S. states.

How to Buy the Best Cheap Volvo V50 Insurance

Finding cheaper rates on auto insurance takes being a safe and courteous driver, having a good credit score, avoid buying unnecessary coverage, and possibly raising deductibles. Invest time comparing rates at least every other year by requesting rates from direct carriers like Progressive, GEICO, and Esurance, and also from local insurance agents.

Below is a quick review of the car insurance concepts covered in the charts and tables above.

• Drivers with a DUI or reckless driving violation may be required to pay an average of $1,740 more each year for auto insurance
• Drivers can save as much as $180 per year just by quoting early and online
• Increasing comprehensive and collision deductibles could save up to $650 each year
• Consumers who require higher levels of liability will pay about $410 each year to raise limits from a 30/60 limit to higher 250/500 limits

Who really has the lowest car insurance rates for a Volvo V50? The only way to find this out and save on average insurance costs is to shop around. To find cheap and affordable car insurance, enter your ZIP code in our free tool below.

What are the safety ratings of the Volvo V50?

Is the Volvo V50 a good car? This is what insurers will ask themselves when they look at Volvo V50 safety ratings and features. Some of the Volvo V50’s safety features include traction control, whiplash protection seating, anti-submarine seats, and anti-lock braking system.

However, the Insurance Institute for Highway Safety (IIHS) has not crash-tested the Volvo V50, so there is no information on the safety ratings. This means that insurers will base rates on safety ratings of vehicles in the Volvo V50’s class.

Volvo V50 Compared Against Other Vehicles in the Same Class

What insurance group is a Volvo V50? The Volvo V50 is a luxury car, which means that its insurance group will be higher (more expensive). To see how other luxury cars’ rates compare to the Volvo V50’s insurance rates, view the list below.

• Acura TL Insurance Rates
• Audi A4 Insurance Rates
• Audi A5 Insurance Rates

The best way to save on Volvos, from a Volvo S40 to a Volvo V50, is to shop for multiple quotes. Enter your ZIP code in our free tool to start comparing rates.