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VOLVO EX40 Car Insurance

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The Volvo EX40 is a fully electric compact SUV combining Scandinavian safety, clean design, and advanced technology. Built for eco-conscious urban drivers, it offers premium comfort with a quiet, responsible driving experience.

VOLVO EX40 CAR INSURANCE RATES SINCE 2024.

Since the Volvo EX40 is a recent model, only three years of data are available. The average premium moves from $2493 in 2024 to $2457 in 2025, then edges back up to $2476 in 2026, indicating relative stability rather than a pronounced trend.

To find the best insurance for your VOLVO EX40 vehicle, it is more important than ever to compare the available options.

How much does insurance for your VOLVO EX40 cost in Quebec?

Premiums for the Volvo EX40 vary significantly by city: Quebec City shows the highest amount ($3584), followed by Saint-Jérôme ($3129) and Montreal ($3069), while Laval stands out with a notably lower premium ($1874).

To get the exact cost for your situation, the best approach is to compare offers from several insurers. Using our Clicassure comparison tool, you can easily find the best premium tailored to your needs.

City Average price over the last 12 months
LAVAL $1874.33
MONTRÉAL $2394.92
QUÉBEC $3584.48
SAINT-JÉRÔME $3129.39
TROIS-RIVIÈRES $1936.06

VOLVO EX40 average premium by model year

Average premium paid by our clients for each model year, over the last 5 years. Select a year to see its detailed statistics.

Model year Average premium
VOLVO EX40 2026 $2808.04
VOLVO EX40 2025 $2374.38

Frequently asked questions (FAQ)

How much does insurance cost for a Volvo EX40?
The average premium for a Volvo EX40 is $2476 in 2026, after being $2493 in 2024 and $2457 in 2025, based on available data.
Has the Volvo EX40 premium changed much since 2024?
No, the variation remains modest. Since this is a recent model, only three years of data exist, showing a relatively stable premium between $2457 and $2493.
Which city offers the lowest insurance cost for a Volvo EX40?
Based on the data provided, Laval shows the lowest premium at $1874, compared to Quebec City where it reaches $3584.
Why does the premium vary so much between Laval and Quebec City?
Regional differences tied to traffic density, claim frequency, and local risk profiles may explain a gap of more than $1700 between these two cities for this model.
Is auto insurance mandatory in Quebec?
Yes. In Quebec, civil liability coverage of at least $50,000 is mandatory for any road vehicle driven on public roads.
Do electric vehicles like the EX40 cost more to insure?
Often yes, due to the high cost of parts and battery replacement. This may explain why some cities show premiums above $3000 for this model.
How can I lower my premium for a Volvo EX40?
Comparing quotes from several insurers remains the best way to identify price differences, which can be particularly significant for a recent electric vehicle like this one.

No recent premium example was found for "VOLVO EX40".

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Methodology

To guarantee you the best possible information, the data presented on this page is based on the following rigorous criteria :

  • Analysis period: Our analyses are based solely on insurance submissions collected over the millions of submissions in recent years, thus guaranteeing the relevance of our comparisons.
  • Real-world comparisons: We only use data from insurance submissions that actually resulted in a sale.
  • Proven savings: The results presented only reflect cases where the user has saved money thanks to our comparison tool.
  • Last updated: 08/14/2026

Versions covered by this VOLVO EX40 page

The premiums above cover every version of the VOLVO EX40, so that each average rests on enough quotes. Here are the versions this page includes.

Version Model years
EX40 CORE 4DR 2WD 2025
EX40 CORE 4DR AWD 2025 - 2026
EX40 PLUS 4DR 2WD 2025
EX40 PLUS 4DR AWD 2025 - 2026
EX40 ULTRA 4DR 2WD 2025
EX40 ULTRA 4DR AWD 2025 - 2026

Model version by year

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VOLVO EX40 by city

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