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.

U.S. average insurance prices for a Volvo V50 are $1,492 every 12 months including full coverage. Comprehensive insurance costs around $336 each year, collision insurance costs $626, and liability coverage costs around $372. Liability-only insurance costs as low as $438 a year, and high-risk driver insurance costs $3,228 or more. Teens pay the highest rates at up to $5,458 a year.

Average premium for full coverage: $1,492

Price estimates for individual coverage:

Full coverage includes $500 comprehensive and collision deductibles, bodily injury liability limits of 30/60, and includes UM/UIM and medical coverage. Estimates are averaged for all 50 U.S. states and V50 models.

Price Range from Low to High

Geographic Price Range

Where you live has a large influence on the price of insurance. Areas with sparse population have more infrequent comprehensive and collision claims than cities with more traffic congestion. The graphic below illustrates how location impacts auto insurance rates.

The ranges above highlight why all drivers should compare prices for a specific zip code and their own driving history, rather than using averaged prices.

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

Rates by State, City, and Model

The chart below breaks down average Volvo V50 insurance rates for additional coverage choices and driver risks.

• The cheapest rate after discounts is $850
• Using higher $1,000 deductibles will save about $220 every year
• The average price for the average middle-age driver using $500 deductibles is $1,492
• Selecting low deductibles for physical damage coverage costs an extra $424 each year
• Higher-risk drivers with serious driving violations could pay at least $3,228
• The price to insure a teenage driver can be $5,458 or more

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Car insurance prices for a Volvo V50 are also quite variable based on deductibles and policy limits, your driving characteristics, and the trim level and model year.

Choosing higher comprehensive and collision insurance deductibles could cut prices by as much as $650 a year, whereas increasing liability limits will increase prices. Changing from a 50/100 liability limit to a 250/500 limit will increase prices by as much as $335 extra every 12 months. View Rates by Deductible or Liability Limit

More mature drivers with no driving violations and higher deductibles may only pay around $1,400 a year for full coverage. Prices are much higher for teenage drivers, since even excellent drivers will be charged as much as $5,400 a year. View Rates by Age

If you have some driving violations or you were responsible for an accident, you are likely paying at least $1,800 to $2,400 extra each year, depending on your age. Insurance for high-risk drivers can be around 44% to 135% more than the average policy. View High Risk Driver Rates

The state you live in has a huge impact on Volvo V50 insurance rates. A driver around age 40 might see prices as low as $1,140 a year in states like Missouri, New Hampshire, and Vermont, or have to pay at least $2,130 on average in Michigan, New York, and Louisiana.

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 Shop for More Affordable Volvo V50 Insurance

Getting lower rates on auto insurance requires avoiding accidents and violations, maintaining a good credit score, being claim-free, and consideration of higher deductibles. Spend time shopping around every other policy renewal by obtaining price quotes from direct car insurance companies like Progressive, GEICO, and Esurance, and also from insurance agencies where you live.

The list below is a summary of the ideas that were touched on above.

• Teenagers are the costliest to insure, possibly costing $455 a month if the policy includes full coverage
• Drivers who have multiple accidents or major violations could be forced to pay on average $1,740 more every year for car insurance
• Increasing physical damage deductibles could save as much as $650 each year
• You may be able to save up to $180 per year just by quoting online in advance

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.

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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.