# Car insurance: Volvo XC40 T4, 3 years old, 50% no-claim discount

Indicative premiums from Shenton Insurance Brokers. As of 28 Oct 2026 (Singapore time).

## Assumptions

- Volvo XC40 T4
- Car registered 3 years ago, private use, comprehensive cover
- Main driver aged 40, married, office job, driving 10 years
- 50% no-claim discount, no claims; repairs at an authorised workshop; no options

## Premiums

Ranked by premium only, lowest first. Commission never affects the order.

| Insurer | Plan | Premium | Excess | As at |
| --- | --- | --- | --- | --- |
| India International | Comprehensive (any workshop or authorised workshops) | S$886.61 | S$600.00 | 20 Oct 2026 |
| Allianz | Allianz Motor Protect Comprehensive | S$903.78 | S$2,000.00 | 21 Oct 2026 |
| Etiqa | Private Car Insurance – Comprehensive (Authorised Workshop) | S$980.47 | S$2,500.00 | 20 Oct 2026 |
| HL Assurance | Car Protect360 Comprehensive | S$1,011.49 | S$1,200.00 | 20 Oct 2026 |
| Sompo | Comprehensive Cover – Authorised Workshop Plan | S$1,063.32 | S$600.00 | 20 Oct 2026 |
| ECICS | Comprehensive | S$1,131.97 | S$750.00 | 22 Oct 2026 |
| FWD | Drivo Classic | S$1,149.76 | S$600.00 | 20 Oct 2026 |
| Income | Drivo Classic | S$1,149.76 | S$600.00 | 20 Oct 2026 |
| AIG | AIG Car Insurance Collision Only | S$1,155.95 | S$600.00 | 21 Oct 2026 |
| UOI | UniCar Comprehensive Value | S$1,201.89 | S$500.00 | 18 Oct 2026 |
| Great Eastern | Drive and Save Plus Comprehensive (Authorised Workshop) | S$1,255.49 | S$600.00 | 20 Oct 2026 |
| MS First Capital | Comprehensive | S$1,283.72 | S$500.00 | 20 Oct 2026 |
| DirectAsia | Car Insurance – Comprehensive, Value plan | S$1,343.20 (estimate) | S$800.00 | 21 Oct 2026 |
| Singlife | Motor Lite | S$1,347.87 | S$3,000.00 | 20 Oct 2026 |
| ERGO | SMART Comprehensive | S$1,379.16 | S$500.00 | 23 Oct 2026 |
| DirectAsia | Car Insurance – Comprehensive, Value Plus plan | S$1,391.91 (estimate) | S$800.00 | 21 Oct 2026 |
| FWD | Drivo Premium | S$1,437.21 | S$600.00 | 20 Oct 2026 |
| Income | Drivo Premium | S$1,437.21 | S$600.00 | 20 Oct 2026 |
| AIG | AIG Car Insurance Complete | S$1,478.81 | S$600.00 | 21 Oct 2026 |
| ECICS | Comprehensive Family NCD Builder | S$1,481.96 | S$750.00 | 22 Oct 2026 |
| Singlife | Motor Standard | S$1,549.26 | S$2,500.00 | 20 Oct 2026 |
| QBE | Private Motor Prestige Comprehensive | S$1,600.70 | S$3,000.00 | 22 Oct 2026 |
| ERGO | ENHANCED Comprehensive | S$1,855.94 | S$500.00 | 23 Oct 2026 |
| DirectAsia | Car Insurance – Comprehensive, Flexible plan | S$1,937.98 (estimate) | S$800.00 | 21 Oct 2026 |
| Liberty | Comprehensive Preferred Plan | S$2,105.31 (estimate) | S$600.00 | 22 Oct 2026 |
| Singlife | Motor Prestige | S$2,122.50 | S$2,500.00 | 20 Oct 2026 |

All prices include 9% GST.

These are example prices for the details above. Your own price depends on your answers.

"As at" is the date we read the insurer's published price table. A price with today's date comes from the insurer's live rates.

## The Volvo XC40 in short

For the driver above, India International is cheapest for the Volvo XC40 today, at S$886.61 for its Comprehensive (any workshop or authorised workshops) plan. 17 insurers price it; the dearest of them, Liberty, asks at least S$2,105.31, S$1,218.70 (137% more) on top, so comparing pays. Of the changes below, the one that costs most is "the same driver with no NCD (0%)": the lowest price rises to S$1,343.20, 51% more. Against 6 similar cars (below) it costs 3% more than their average lowest price of S$862.19; 4 of them are cheaper to insure.

## How the Volvo XC40 price changes

The lowest price today when one thing about the driver or the car changes.

| Driver and car | Lowest price | Against this page | Insurers | Cheapest |
| --- | --- | --- | --- | --- |
| This page: driver aged 40, 10 years’ driving, 50% NCD, car 3 years old | S$886.61 (as at 20 Oct 2026) |  | 17 | India International |
| The same driver with no NCD (0%) | S$1,343.20 (as at 21 Oct 2026) | S$456.59 more | 17 | DirectAsia |
| The same driver with 20% NCD | S$1,343.20 (as at 21 Oct 2026) | S$456.59 more | 17 | DirectAsia |
| Driver aged 27, 3 years’ driving, 30% NCD | S$1,343.20 (as at 21 Oct 2026) | S$456.59 more | 17 | DirectAsia |
| Driver aged 65, 20 years’ driving, 50% NCD | S$886.61 (as at 20 Oct 2026) | the same | 16 | India International |
| A new car (registered this year) | S$903.78 (as at 21 Oct 2026) | S$17.17 more | 15 | Allianz |
| A car 8 years old | S$811.71 (as at 20 Oct 2026) | S$74.90 less | 17 | India International |

## The Volvo XC40 on our quote form

We priced the Volvo XC40 T4 (1,969cc), the version most of our insurers quote.

Versions on the form:

- [Volvo XC40 75 kWh](https://shentonbrokers.com/quote/car?brand=volvo&model=volvo-xc40-75-kwh&ncd=50&licenceYears=10&ncdProtector=no&regDate=2023-10-28&demeritFree=yes&claims=no&dob=1986-10-28&gender=m&maritalStatus=married&occupationNature=indoor&meritCertificate=no&offPeak=no&workshop=authorised) (electric)
- [Volvo XC40 Recharge Plus 69 kWh](https://shentonbrokers.com/quote/car?brand=volvo&model=volvo-xc40-recharge-plus-69-kwh&ncd=50&licenceYears=10&ncdProtector=no&regDate=2023-10-28&demeritFree=yes&claims=no&dob=1986-10-28&gender=m&maritalStatus=married&occupationNature=indoor&meritCertificate=no&offPeak=no&workshop=authorised) (electric)
- [Volvo XC40 Recharge Plus 69 kWh MY23](https://shentonbrokers.com/quote/car?brand=volvo&model=volvo-xc40-recharge-plus-69-kwh-my23&ncd=50&licenceYears=10&ncdProtector=no&regDate=2023-10-28&demeritFree=yes&claims=no&dob=1986-10-28&gender=m&maritalStatus=married&occupationNature=indoor&meritCertificate=no&offPeak=no&workshop=authorised) (electric)
- [Volvo XC40 T4](https://shentonbrokers.com/quote/car?brand=volvo&model=volvo-xc40-t4&ncd=50&licenceYears=10&ncdProtector=no&regDate=2023-10-28&demeritFree=yes&claims=no&dob=1986-10-28&gender=m&maritalStatus=married&occupationNature=indoor&meritCertificate=no&offPeak=no&workshop=authorised) (1,969cc)
- [Volvo XC40 T5](https://shentonbrokers.com/quote/car?brand=volvo&model=volvo-xc40-t5&ncd=50&licenceYears=10&ncdProtector=no&regDate=2023-10-28&demeritFree=yes&claims=no&dob=1986-10-28&gender=m&maritalStatus=married&occupationNature=indoor&meritCertificate=no&offPeak=no&workshop=authorised) (1,969cc)

## Insurers with no online price for the Volvo XC40

- Budget Direct: This insurer has no online price for this car model yet.

## The Volvo XC40 against similar cars

The same driver and car age, each car at the version most insurers quote.

| Car | Engine | Lowest price | Insurers |
| --- | --- | --- | --- |
| [Toyota Harrier](https://shentonbrokers.com/prices/car/toyota-harrier) | 1,986cc | S$742.90 (as at 20 Oct 2026) | 17 |
| [Mercedes-Benz E-Class](https://shentonbrokers.com/prices/car/mercedes-benz-e-class) | 1,991cc | S$861.03 (as at 20 Oct 2026) | 15 |
| [BMW 5 Series](https://shentonbrokers.com/prices/car/bmw-5-series) | 1,998cc | S$861.03 (as at 20 Oct 2026) | 17 |
| [Toyota Voxy](https://shentonbrokers.com/prices/car/toyota-voxy) | 1,797cc | S$763.41 (as at 20 Oct 2026) | 15 |
| [Lexus NX](https://shentonbrokers.com/prices/car/lexus-nx) | 1,998cc | S$972.39 (as at 20 Oct 2026) | 16 |
| [Lexus RX](https://shentonbrokers.com/prices/car/lexus-rx) | 1,998cc | S$972.39 (as at 20 Oct 2026) | 16 |

## COE for the Volvo XC40

With a 1,969cc engine, above 1,600cc, the Volvo XC40 T4 needs a Category B COE (S$131,901 in the October 2026, 2nd round).

Latest results: https://shentonbrokers.com/coe

Get your own quote with these answers filled in: https://shentonbrokers.com/quote/car?brand=volvo&model=volvo-xc40-t4&ncd=50&licenceYears=10&ncdProtector=no&regDate=2023-10-28&demeritFree=yes&claims=no&dob=1986-10-28&gender=m&maritalStatus=married&occupationNature=indoor&meritCertificate=no&offPeak=no&workshop=authorised

You finish buying on the insurer's own site; the insurer takes payment and issues the policy.

Web page: https://shentonbrokers.com/prices/car/volvo-xc40