- Average Volvo XC90 car insurance cost is $1,650 per year, or $138 per month for full coverage.
- The cheapest Volvo XC90 insurance is on the Momentum trim level at around $1,516 per year. The most expensive trim is the Recharge Inscription at $1,744 per year.
- The XC90 ranks #1 out of 12 vehicles in the 2022 large luxury SUV class for insurance affordability, and costs 28.4% less than the average rate for the segment.
- Insurance on a used Volvo XC90 could save $628 or more each year over the cost of buying new.
How much does Volvo XC90 insurance cost?
Volvo XC90 insurance costs $1,650 a year on average, or about $138 on a monthly basis, for a full coverage policy. With the average large luxury SUV costing $2,303 a year to insure, the Volvo XC90 is $653 cheaper.
Average Volvo XC90 insurance cost per month ranges from $126 to $145, depending on the trim level of the vehicle being insured.
The chart below details average car insurance cost on a 2022 Volvo XC90 using a variation of different driver ages and risk scenarios.
|Driver Risk Profile||Annual Rate||Monthly Rate|
|High Risk Driver Age 30||$3,766||$314|
|Safe Driver Age 20||$3,296||$275|
|At-fault Accidents Age 40||$2,304||$192|
|Low Deductibles Age 40||$2,258||$188|
|Safe Driver Age 30||$1,766||$147|
|Safe Driver Age 40||$1,650||$138|
|Safe Driver Age 50||$1,502||$125|
|Safe Driver Age 60||$1,476||$123|
|Discount Rate Age 40||$1,372||$114|
|High Deductibles Age 40||$1,342||$112|
What is the cheapest Volvo XC90 car insurance?
The cheapest models of Volvo XC90 to insure are the T-5 trim levels at around $1,516 per year. This includes the Momentum and R-Design models in both 2WD and AWD configurations.
On the opposite end of the cost spectrum, the most expensive XC90 trim levels to insure are the T-8 models including the Excellence, Inscription, Momentum, and R-Design models. These models average $1,744 per year for full coverage insurance.
The rate table below details the average 2022 Volvo XC90 car insurance rates, including a monthly budget amount, for each available trim level and package.
|Volvo XC90 Trim Level||Annual Policy||6-month Policy||Per Month|
|Momentum T6 AWD||$1,618||$809||$135|
|Inscription T6 AWD||$1,686||$843||$141|
|Recharge Inscription Expression||$1,690||$845||$141|
How does XC90 insurance cost compare?
When insurance rates are compared to the most popular models in the large luxury SUV segment, the Volvo XC90 costs $386 less per year than the Mercedes-Benz GLS450, $414 less than the Cadillac Escalade, $350 less than the BMW X7, and $988 less than the Land Rover Range Rover.
The Volvo XC90 ranks #1 out of 12 total comparison vehicles in the 2022 large luxury SUV class. The XC90 costs an average of $1,650 per year to insure for full coverage and the category average is $2,303 per year, a difference of $653 per year.
When compared to all 2022 model year vehicles (not just luxury SUVs), Volvo XC90 insurance costs 5.3% more than the national average car insurance rate of $1,567 per year.
The table below shows how well average Volvo XC90 car insurance rates compare to the entire class of big luxury SUVs.
|7||Lexus LX 570||$2,168||$518|
|8||BMW Alpina XB7||$2,570||$920|
|9||Land Rover Range Rover||$2,638||$988|
|11||Mercedes-Benz G63 AMG||$2,890||$1,240|
|12||Mercedes-Benz Maybach GLS 600||$3,016||$1,366|
Does an older XC90 cost less to insure?
Choosing to insure a 2013 Volvo XC90 instead of a new 2022 model could potentially save as much as $628 annually. Even choosing a more recent 2018 model could save around $280 each year.
The data below details average car insurance rates for a Volvo XC90 for the 2013 to 2022 model years. Policy costs range from a minimum value of $1,022 for a 2013 Volvo XC90 to a maximum value of $1,650 for a 2022 model.
|Model Year and Vehicle||Annual Rate||6-month Rate||Monthly Rate|
|2022 Volvo XC90||$1,650||$825||$138|
|2021 Volvo XC90||$1,584||$792||$132|
|2020 Volvo XC90||$1,546||$773||$129|
|2018 Volvo XC90||$1,370||$685||$114|
|2017 Volvo XC90||$1,486||$743||$124|
|2016 Volvo XC90||$1,294||$647||$108|
|2014 Volvo XC90||$1,158||$579||$97|
|2013 Volvo XC90||$1,022||$511||$85|
Some additional rates and observations about XC90 insurance includes:
- High risk XC90 insurance is expensive. For a 40-year-old driver, having a high frequency of accidents or violations could increase the cost by $1,966 or more per year.
- Improve your credit for cheaper auto insurance rates. In states that have laws allowing credit history to be used for the purpose of determining insurance rates, having a credit score above 800 may save $259 per year over a good rating of 670-739. Conversely, a lower credit rating could cost as much as $300 more per year.
- Tickets and violations cost money. If you want to receive the best XC90 insurance rates, it pays to obey traffic laws. A few blemishes on your driving record have the ramification of increasing rates by as much as $428 per year. Serious misdemeanor violations such as driving under the influence could raise rates by an additional $1,512 or more.
- Earn policy discounts to save money. Discounts may be available if the insureds are good students, take a defensive driving course, sign their policy early, are claim-free, or many other policy discounts which could save the average driver as much as $278 per year on the cost of insuring a Volvo XC90.
- As you age, car insurance rates tend to get cheaper. The difference in XC90 insurance rates between a 50-year-old driver ($1,502 per year) and a 20-year-old driver ($3,296 per year) is $1,794, or a savings of 54.4%.
- Your employer could reduce your rates. Some auto insurance companies offer policy discounts for specific occupations like scientists, doctors, architects, emergency medical technicians, firefighters, farmers, and others. If you can get this discount applied to your policy, you may save between $50 and $159 on your yearly XC90 insurance cost, depending on the level of coverage purchased.
- Expect to pay a lot to insure a teenager. Average Volvo XC90 car insurance for teenagers costs $5,624 per year for a 16-year-old driver, $5,356 per year for a 17-year-old driver, and $5,040 per year for a 18-year-old driver.