2021 Volvo XC40 Car Insurance Calculator

Monitor in real-time how different driver, vehicle, and coverage options affect the cost of insurance for a 2021 Volvo XC40. Customize rate factors like annual miles driven, vehicle usage, driver gender, and your marital status. Find out instantly if the option you change raises or lowers your rate.

The average estimated car insurance premium for a 2021 Volvo XC40 is $1,888 per year, or about $157 per month. This is based on a 40-year-old male driver with no prior driving violations or at-fault accidents. Comprehensive and collision deductibles are $500 and Uninsured and Underinsured Motorist (UM/UIM) coverage is included.

Annual Premium

$1,888

Cost Per Month

$157

The Annual Premium and Cost Per Month change instantly as you adjust calculator options.

If you change a factor that results in a higher insurance cost, the rates turn red. If you adjust a factor that saves money, the rates turn green. For a detailed explanation of each rate change, click the blue button above.

Quick Guide to Using the Insurance Rate Calculator

  1. Update Options: Adjust any settings in the form below.
  2. Observe Rate Changes: Watch how the Annual Premium at the bottom of the page changes.
  3. Get Detailed Insights: Click the blue up arrow button for an explanation of the rate change.

Key Features:

Volvo XC40 Options

Driver Options

Insurability Factors

Policy Coverages

Calculated vs. Average Rate

Discover how your personalized car insurance rate compares to the average annual premium for a 2021 Volvo XC40.

As you adjust the calculator settings, the 'Your Rate' value dynamically shifts left or right on the rate range bar. This movement visually demonstrates how your rate compares to the typical insurance cost for this vehicle model.

For continuous comparison while you explore different settings, you have the option to pin this rate range bar to the bottom of your screen.

$1,888
Average Rate
Your Rate
$1,888

The 'Average Rate' is calculated based on default options for a typical driver profile: a 40-year-old married male with good credit, no prior accidents or violations, current car insurance coverage, and homeownership. The coverage includes collision and comprehensive coverage with $500 deductibles, liability limits of 100/300/100, and includes Uninsured/Underinsured Motorist and Medical Payments coverages.

The 'Average Rate' is a combined value for all 2021 Volvo XC40 trim levels.

Insurance Rate Analysis

Your personalized insurance analysis will appear below after modifying any options in the calculator settings above.

Based on the default settings in the calculator options, the annual premium for a 2021 Volvo XC40 is $1,888.

After making any changes in the calculator settings, this section will explain the choices that have a positive effect on either rates or coverage, as well as those that have a negative effect.

Factors That Favorably Influence Your Rates and Coverage

There are many things that have a positive effect on your rates, like being a mature driver, being married, having great credit, owning your home, and more.

Once you've fine-tuned the settings in our calculator, this section will provide an analysis of all the factors that have contributed to reducing your rates or improving your coverage options.

Factors That Could Increase Rates or Result in Coverage Gaps

Certain circumstances may lead to higher insurance rates or potential gaps in your coverage. These include life events such as being involved in at-fault accidents, incurring driving violations, experiencing lapses in coverage, or simply being a younger driver. While not all of these factors are within your control, many can be managed to mitigate their impact.

As you adjust the settings in our calculator, this section will detail and explain all the factors that have contributed to higher rates or reduced levels of coverage.

2021 Volvo XC40 vs. the Small Luxury SUV Segment

The table below compares insurance rates for the 2021 Volvo XC40 against all other models in the small luxury SUV segment. The Volvo XC40 is highlighted in light orange, and the segment's average insurance rate is in light blue.

Annual Premium values in the table are based on the current selections in the rate calculator settings.

The Difference column indicates the annual premium variance between each model shown and the Volvo XC40, with green values denoting cheaper rates and red values indicating more expensive rates compared to the Volvo XC40.

After choosing a vehicle trim level in the calculator options, the rates shown will reflect your choice.

2021 Volvo XC40 Segment Insurance Cost Comparison
Rank Make and Model Annual Premium Difference
1Acura RDX$1,784-$104
2Cadillac XT4$1,844-$44
3Volvo XC40$1,888--
4Lincoln Corsair$2,080$192
5Lexus UX 250h$2,098$210
6Volvo XC60$2,120$232
7Mercedes-Benz GLB 250$2,140$252
8BMW X1$2,156$268
9Lexus UX 200$2,158$270
10Lexus NX 300$2,166$278
11Mercedes-Benz GLC300$2,172$284
12Land Rover Defender$2,234$346
13Mercedes-Benz GLA250$2,248$360
14Land Rover Evoque$2,254$366
2021 Small Luxury SUV Average$2,262$374
15BMW X2$2,292$404
16Audi Q3$2,346$458
17Audi Q5$2,362$474
18BMW X3$2,422$534
19Lexus NX 300H$2,434$546
20Mercedes-Benz GLA45 AMG$2,462$574
21Alfa Romeo Stelvio$2,486$598
22BMW X4$2,520$632
23Jaguar F-Pace$2,552$664
24Jaguar I-Pace$2,632$744
25Porsche Macan$2,688$800

Data Methodology: Rated driver is a 40-year-old married male with no driving violations or at-fault accidents in the prior three years. Comprehensive and collision deductibles are $500 and UM/UIM and medical payments coverages are included. Premiums are averaged for all trim levels for each model.

2021 XC40 Insurance Rates by Trim Level

The table below shows insurance rates for all trim levels available for the 2021 Volvo XC40.

Annual Premium and Cost Per Month values show in the table are based on the current selections in the rate calculator settings. After setting the trim level option in the calculator settings, it will be highlighted in the table.

2021 Volvo XC40 Insurance Rates by Trim Level
2021 Volvo XC40 Trim Level Annual Premium Cost Per Month
T4 2WD$1,888$157
T5 AWD$1,888$157

Data Methodology: Rated driver is a 40-year-old married male with no driving violations or at-fault accidents in the prior three years. Comprehensive and collision deductibles are $500 and UM/UIM and medical payments coverages are included.

Insurance Rates by Driver Age

The table below shows average car insurance rates for the 2021 Volvo XC40 for different driver ages.

2021 Volvo XC40 Insurance Cost for Drivers Aged 16 to 80
Driver Age Annual Premium Cost Per Month
16$6,720$560
17$6,536$545
18$5,907$492
19$5,351$446
20$4,100$342
21$3,909$326
22$3,502$292
23$2,848$237
24$2,701$225
25$2,194$183
30$2,016$168
35$1,936$161
40$1,888$157
45$1,762$147
50$1,666$139
55$1,558$130
60$1,564$130
65$1,670$139
70$1,792$149
75$2,098$175
80$2,596$216

Data Methodology: Rated driver is male and has no driving violations or at-fault accidents in the prior three years. Comprehensive and collision deductibles are $500. Uninsured Motorist (UM), Underinsured Motorist (UIM) and medical payments coverages are included. Drivers under the age of 25 are considered single, while drivers 25 and over are rated as married. Annual premium is averaged for all Volvo XC40 trim levels.