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.

Average insurance rates for a Volvo V50 are $1,112 a year for full coverage. Comprehensive costs on average $190 a year, collision costs $286, and liability insurance costs $478. A liability-only policy costs as little as $526 a year, with high-risk insurance costing around $2,400. Teen drivers receive the highest rates at $4,410 a year or more.

Average premium for full coverage: $1,112

Rate estimates by individual coverage type:

Rates include $500 deductibles, 30/60 liability limits, and includes uninsured motorist coverage. Rates are averaged for all states and V50 trim levels.

Price Range by Coverage and Risk

Price Range by Location

Your location has a significant impact on car insurance rates. Rural areas tend to have a lower frequency of accident claims than larger metro areas.

The diagram below illustrates the effect of location on car insurance rates.

These examples show why it is important to compare rates based on a specific location and risk profile, rather than relying on price averages.

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

Insurance Rate Analysis

The chart below shows estimated Volvo V50 insurance rates for different risk profiles and scenarios.

• The lowest rate with discounts is $663
• Drivers who choose higher $1,000 deductibles will pay around $1,004 a year
• The average rate for a 40-year-old driver with $500 deductibles is $1,112
• Choosing low $100 deductibles for comprehensive and collision insurance will increase the cost to $1,320
• High risk drivers with multiple violations and an at-fault accident could pay upwards of $2,400 or more
• The cost for full coverage for a teen driver may cost $4,410 a year

View Chart as Image

for a Volvo V50 can also vary considerably based on your driver profile, the trim level of your V50, and policy deductibles and limits.

Older drivers and high deductibles could pay as little as $1,000 per year on average for full coverage. Rates are highest for teen drivers, where even good drivers upwards of $4,400 a year. View Rates by Age

Where you live makes a big difference in Volvo V50 insurance rates. A 40-year-old driver could pay as low as $730 a year in states like Idaho, Maine, and Iowa, or as much as $1,590 on average in Michigan, Louisiana, and New York.

View Chart as Image

Choosing high deductibles could save up to $320 each year, while buying higher liability limits will cost you more. Going from a 50/100 limit to a 250/500 limit will cost as much as $430 . View Rates by Deductible or Liability Limit

If you like to drive fast or tend to cause accidents, you could be paying at a minimum $1,300 to $1,900 per year, depending on your age. A high-risk auto insurance policy can cost anywhere from 43% to 130% more than average. View High Risk Driver Rates

With so much variability in rates, the only way to know exactly what you will pay is to get quotes from as many companies as possible. Every company uses a different rate calculation, can be significantly different from one company to the next.

Insurance Rates by Trim Level and Model Year

Rates assume 2010 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 Find Cheaper Volvo V50 Insurance

Saving money on Volvo V50 insurance not only requires being a safe driver, but also maintaining good credit, eliminating unneeded coverage, and bundling your home and auto policies. Take the time to shop around at least every two years by getting price quotes from direct carriers like GEICO and Progressive, and also from your local insurance agents.

Here is a summary of the information that was covered in this article.

• Increasing deductibles can save around $325 each year
• Drivers can save as much as $130 per year simply by quoting early and online
• Drivers who require more liability insurance will pay about $530 each year to go from a minimum limit to 250/500 limits
• Young drivers pay the highest rates, costing as high as $368 per month for full coverage
• High-risk drivers that have multiple accidents or serious violations will pay on average $1,290 more each year for insurance

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.

• Acura TL Insurance Rates
• Audi A4 Insurance Rates
• Audi A5 Insurance Rates

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.