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VOLVO XC40 2024 Car Insurance

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The 2024 Volvo XC40 is a compact Scandinavian SUV combining advanced safety, clean design, and modern onboard technology. Built for demanding urban drivers, it offers a refined cabin and reassuring driving experience while keeping a practical, compact footprint.

VOLVO XC40 2024 CAR INSURANCE RATES SINCE 2023.

Between 2023 and 2026, premiums for the 2024 Volvo XC40 fluctuate, peaking at $2191 in 2024 before declining to $1974 in 2025 and $1620 in 2026. This recent decrease contrasts with the initial rise observed between 2023 and 2024.

To find the best insurance for your VOLVO XC40 2024 vehicle, it is more important than ever to compare the available options.

How much does insurance for your VOLVO XC40 2024 cost in Quebec?

Premiums are highest in Montreal ($2681), Saint-Jean-sur-Richelieu ($2397), and Laval ($2370), while Brossard ($792), Lévis ($1325), and Quebec City ($1375) post the lowest amounts. The gap between the extreme cities exceeds $1800, reflecting significant geographic variation.

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
BROSSARD $792.16
DRUMMONDVILLE $1625.24
GATINEAU $2171.93
LAVAL $2370.26
LÉVIS $1325.26
MONTRÉAL $2680.89
QUÉBEC $1374.75
REPENTIGNY $1693.26
Saguenay $2067.73
SAINT-JEAN-SUR-RICHELIEU $2396.91
SAINT-JÉRÔME $1669.88
TROIS-RIVIÈRES $1727.05

Frequently asked questions (FAQ)

How much does auto insurance cost for a 2024 Volvo XC40?
The average premium for a 2024 Volvo XC40 varies by year, reaching $2191 in 2024 and declining to $1620 by 2026 based on available data.
Has the premium for the 2024 XC40 changed much since its release?
Yes. After peaking at $2191 in 2024, the average premium dropped to $1974 in 2025 and then to $1620 in 2026 — a notable decline over the available period.
Which city offers the lowest insurance cost for the 2024 Volvo XC40?
Based on the data provided, Brossard ($792) posts the lowest average premium, followed by Lévis ($1325) and Quebec City ($1375).
Why does Montreal show such a high premium for the XC40?
Montreal records the highest premium in the group ($2681), a gap linked to urban density, traffic volume, and higher claim frequency in dense areas.
Is auto insurance mandatory in Quebec?
Yes. In Quebec, minimum civil liability coverage of $50,000 is mandatory for any road vehicle driven on public roads.
What factors influence the premium for an SUV like the XC40?
Replacement value, specialized parts costs, safety equipment, and driver profile are the main elements that influence the premium for this compact SUV.
How can I compare insurance prices for the Volvo XC40?
Getting quotes from several insurers and comparing by city of residence can reveal significant differences, such as those seen between Brossard and Montreal.

Offers received by our customers on VOLVO XC40 2024 cars

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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: 07/13/2026