Volvo C40 Car Insurance Cost for 2023

How much does Volvo C40 insurance cost? Rates for the 2023 C40 Recharge Ultimate fall in the middle of the compact luxury SUV pack.

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  • Average Volvo C40 insurance cost is $1,846 per year, or $154 per month for full coverage.
  • Ranked 19th out of 37 small luxury SUVs for 2023, insurance for the Volvo C40 costs $63 less per year than the average cost for the segment.

How much does Volvo C40 insurance cost?

Volvo C40 insurance rates cost an average of $1,846 yearly, or about $154 on a monthly basis. Rates are $63 less per year when compared to the compact luxury SUV segment average rate, and $161 more per year than the all-vehicle national average of $1,685.

The next price chart details how Volvo C40 insurance rates vary based on the age of the driver and the physical damage deductibles chosen for the policy. Rates in the example range from $1,380 to $4,336 per year, depending on driver age and deductible limit.

Get Rates in Your AreaWhy is this important?

Chart Data Details: Chart shows average insurance cost for a 2023 Volvo C40 with safe driver and claim-free discounts applied. Rates are for full-coverage insurance and averaged for all U.S. states and all Volvo C40 trim levels.Data last updated on May 5, 2023
Volvo C40 Car Insurance Rates
2023 Volvo C40 Insurance Cost by Driver Age and Deductibles
Driver Age Deductible Annual Cost Monthly Cost

Is Volvo C40 car insurance expensive?

When compared directly to the best-selling models in the compact luxury SUV category, insurance prices for a Volvo C40 cost $230 less per year than the BMW X3, $144 less than the Audi Q5, and $48 more than the Mercedes-Benz GLC300.

The Volvo C40 ranks 19th out of 37 vehicles in the segment, costing $63 less per year to insure than the average rate for all compact luxury SUVs.

The following chart shows how Volvo C40 insurance rates compare to the top 10 most popular small luxury SUVs like the Audi Q3, BMW X3, and Acura RDX. For insurance cost comparisons for the entire segment, check out the full table following the chart that shows the C40 ranking at position 19th.

Get Rates in Your AreaWhy is this important?

Chart Data Details: Average rates are for a 2023 model year Volvo C40, 40-year-old married male driver with a clean driving record and no at-fault accidents. Safe driver and claim-free discounts are applied to policy premium, which is averaged for all Volvo C40 trim levels. Physical damage deductibles are $500 and rates are averaged for all U.S. states.Data last updated on May 5, 2023
Insurance Cost Comparison: Volvo C40 vs Top 10 Small Luxury SUVs
Volvo C40 Insurance Cost Compared to All Small Luxury SUVs
Rank Make/Model Insurance Cost Difference
1Acura RDX$1,472-$374
2Cadillac XT4$1,592-$254
3Volvo XC40$1,622-$224
4Lexus UX 250h$1,650-$196
5Mercedes-Benz GLA250$1,712-$134
6Mercedes-Benz GLB 250$1,718-$128
7Lexus NX 250$1,740-$106
8Lexus NX 350h$1,760-$86
9Lexus NX 350$1,770-$76
10Lincoln Corsair$1,772-$74
11Lexus NX 450h$1,776-$70
12BMW X1$1,788-$58
13Alfa Romeo Tonale$1,790-$56
14Mercedes-Benz GLC300$1,798-$48
15Lexus RZ 450e$1,802-$44
16Volvo XC60$1,806-$40
17Audi Q3$1,820-$26
18Land Rover Evoque$1,828-$18
19Volvo C40$1,846--
20Infiniti QX55$1,908$62
21Mercedes-Benz GLA35 AMG$1,914$68
22Genesis GV70$1,944$98
23Mercedes-Benz EQB 300$1,954$108
24Genesis GV60$1,958$112
25Mercedes-Benz GLA45 AMG$1,968$122
26Alfa Romeo Stelvio$1,978$132
27Audi Q5$1,990$144
28Land Rover Range Rover Velar$1,996$150
29Mercedes-Benz EQB 350$2,000$154
30BMW X4$2,038$192
31Land Rover Defender$2,044$198
32Jaguar F-Pace$2,054$208
33Audi Q4$2,066$220
34Porsche Macan$2,070$224
35BMW X3$2,076$230
36Jaguar I-Pace$2,194$348
37Aston Martin DBX$3,424$1,578