2022 Volvo XC40 Car Insurance Calculator

Learn how changes to risk factors and vehicle options influence insurance rates for a 2022 Volvo XC40. Customize choices like annual miles driven, vehicle usage, and gender of the driver to see how your rate changes. Know immediately how much and why your choice impacts rates.

The average estimated car insurance premium for a 2022 Volvo XC40 is $2,058 per year, or about $172 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

$2,058

Cost Per Month

$172

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 2022 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.

$2,058
Average Rate
Your Rate
$2,058

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 2022 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 2022 Volvo XC40 is $2,058.

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.

2022 Volvo XC40 vs. the Small Luxury SUV Segment

The table below compares insurance rates for the 2022 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.

2022 Volvo XC40 Segment Insurance Cost Comparison
Rank Make and Model Annual Premium Difference
1Acura RDX$1,832-$226
2Cadillac XT4$1,878-$180
3Volvo XC40$2,058--
4Lexus NX 250$2,126$68
5BMW X1$2,130$72
6Mercedes-Benz GLB 250$2,142$84
7Lexus UX 250h$2,146$88
8Lexus NX 350h$2,160$102
9Lexus NX 350$2,180$122
10Lexus UX 200$2,184$126
11Lexus NX 450h$2,238$180
12Volvo C40$2,252$194
13Land Rover Evoque$2,260$202
14Lincoln Corsair$2,264$206
15Mercedes-Benz GLC300$2,266$208
16Mercedes-Benz GLA250$2,288$230
17Audi Q3$2,292$234
18Volvo XC60$2,300$242
19BMW X2$2,372$314
2022 Small Luxury SUV Average$2,397$339
20Mercedes-Benz GLA35 AMG$2,408$350
21Infiniti QX55$2,422$364
22Genesis GV70$2,450$392
23Audi Q5$2,480$422
24Mercedes-Benz GLA45 AMG$2,494$436
25Audi Q4$2,508$450
26Land Rover Defender$2,522$464
27Land Rover Range Rover Velar$2,532$474
28Alfa Romeo Stelvio$2,584$526
29BMW X3$2,620$562
30Porsche Macan$2,712$654
31Jaguar I-Pace$2,768$710
32Jaguar F-Pace$2,840$782
33BMW X4$2,920$862
34Aston Martin DBX$3,884$1,826

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.

2022 XC40 Insurance Rates by Trim Level

The table below shows insurance rates for all trim levels available for the 2022 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.

2022 Volvo XC40 Insurance Rates by Trim Level
2022 Volvo XC40 Trim Level Annual Premium Cost Per Month
Momentum$1,896$158
Momentum AWD$1,946$162
R-Design$2,012$168
Inscription$2,026$169
R-Design AWD$2,052$171
Inscription AWD$2,058$172
Recharge Plus$2,226$186
Recharge Ultimate$2,254$188

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 2022 Volvo XC40 for different driver ages.

2022 Volvo XC40 Insurance Cost for Drivers Aged 16 to 80
Driver Age Annual Premium Cost Per Month
16$7,212$601
17$7,027$586
18$6,373$531
19$5,775$481
20$4,441$370
21$4,237$353
22$3,807$317
23$3,101$258
24$2,938$245
25$2,394$200
30$2,202$184
35$2,112$176
40$2,058$172
45$1,922$160
50$1,814$151
55$1,698$142
60$1,704$142
65$1,814$151
70$1,942$162
75$2,260$188
80$2,784$232

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.