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VOLVO XC40 2024 Car Insurance

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The 2024 Volvo XC40 is a Scandinavian compact SUV combining top-tier safety, clean design, and advanced technology. Suited to urban driving and family outings alike, it appeals to buyers seeking Swedish prestige in a practical, accessible format.

VOLVO XC40 2024 CAR INSURANCE RATES SINCE 2023.

Between 2023 and 2026, the average premium for the 2024 Volvo XC40 shows no clear linear trend: starting at $2012 in 2023, it rises to $2191 in 2024, then declines to $1974 in 2025 and $1778 in 2026. Overall, this reflects roughly a 12% drop from the 2024 peak to 2026.

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?

City-level differences are pronounced for the 2024 XC40: Sherbrooke shows the highest premium ($3276), followed by Montreal ($2516) and Saint-Jean-sur-Richelieu ($2397), while Brossard ($792) and Lévis ($1325) post the lowest amounts. This wide spread indicates significant regional variability for this model.

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 $2516.24
QUÉBEC $1506.44
REPENTIGNY $1693.26
Saguenay $2067.73
SAINT-JEAN-SUR-RICHELIEU $2396.91
SAINT-JÉRÔME $1669.88
SHERBROOKE $3276.01
TROIS-RIVIÈRES $1621.59

Frequently asked questions (FAQ)

How much does it cost to insure a 2024 Volvo XC40?
The average premium for a 2024 Volvo XC40 was $2191 in 2024, with variations ranging from $1778 to $2191 across the available years (2023 to 2026).
Is the premium for the 2024 XC40 rising over time?
Not consistently. After peaking at $2191 in 2024, the premium drops to $1974 in 2025 and $1778 in 2026, reflecting an overall decline rather than a continuous increase.
Which city has the highest insurance cost for the 2024 XC40?
Based on the data provided, Sherbrooke shows the highest premium at $3276, followed by Montreal ($2516) and Saint-Jean-sur-Richelieu ($2397).
Where is the 2024 XC40 cheapest to insure?
Brossard has the lowest average premium ($792), followed by Lévis ($1325) — a considerable gap compared to the priciest cities.
Is auto insurance mandatory in Quebec?
Yes. In Quebec, civil liability coverage of at least $50,000 is mandatory for any vehicle driven on public roads.
Why do premiums vary so much between cities for this model?
Differences reflect factors like traffic density, theft or vandalism frequency, and the average claims cost specific to each region.
How can I get the best price to insure a 2024 Volvo XC40?
Comparing multiple insurer quotes remains the most effective approach, especially given the wide gap observed between cities, ranging from $792 to $3276.

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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: 09/04/2026

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