POLESTAR
How much is Polestar 2 insurance?

About $1,236 a year for full coverage on a national average — 14% less than the $1,438 average car. Insurers rate the Polestar 2 at an index of 86 where 100 is a typical vehicle, based on how often and how expensively these cars actually generate claims (latest data covers 2022-2024).

FULL COVERAGE
$1,236
estimated per year
HLDI
86
insurance index (100 = average)
RANK
#1
of 78 in its class
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What the numbers say

The premium isn't spread evenly. Collision — damage to your own car in a crash — carries this car's highest loss index at 110, while Personal injury (PIP) sits at 55. That gap is the real reason behind the price, and it's the part a quote form never shows you. Among 78 luxury cars we hold data for, the 2 ranks #1 from cheapest, below the class median of 138. Calculated from 4 insurance-loss records.

Why a 2 costs what it does

Insurers don't price a car with one number — they track losses separately for each kind of cover. An index of 100 is the average vehicle, so anything above means this model generates costlier claims of that type:

FIG.01·Polestar 2 — Insurance Loss Index by Coverage
01
Collisiondamage to your own car in a crash110
02
Comprehensivetheft, weather, vandalism, animals86
03
Property damagedamage you cause to other property80
04
Bodily injuryinjuries you cause to other people60
05
Personal injury (PIP)no-fault injury cover in some states55
TOP 5·UNIT loss index (100 = average car)·SOURCE HLDI insurance-loss data

Read it as «where the money goes». A high Collision figure means these cars are expensive to repair after a crash; a high Comprehensive figure points at theft, weather and vandalism instead. Estimated annual split at $1,236: Liability (BI + PD) $593 · Collision $346 · Comprehensive $148 · Other (UM / PIP) $148.

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The 2 against its class

Every luxury cars we hold insurance data for, cheapest to insure first. The 2 is highlighted — rivals are clickable if you're cross-shopping:

FIG.02·Polestar 2 vs Rivals — Insurance Loss Index
01
Polestar 2≈ $1,235/yr86
02
Volvo V90≈ $1,300/yr90
03
Audi A3≈ $1,329/yr92
04
Audi S3≈ $1,360/yr95
05
BMW M550i≈ $1,360/yr95
06
BMW 540i≈ $1,360/yr95
07
BMW 530i≈ $1,360/yr95
08
BMW 530e≈ $1,360/yr95
09
Cadillac CT5≈ $1,419/yr99
10
Volvo S60≈ $1,425/yr99
11
Audi A4≈ $1,442/yr100
12
BMW 230i≈ $1,448/yr101
TOP 12·UNIT loss index (100 = average)·SOURCE HLDI · Luxury cars

Class as defined by insurers (Luxury cars), not by us — it groups cars by how they're actually driven and repaired. Median for this class is 138, roughly $1,986 a year.

How it changed by generation

Insurance-loss index of the 2 across every generation in the data. Newer isn't automatically cheaper — driver-assist systems cut crash frequency, while sensors and aluminium panels push repair bills up:

FIG.03·Polestar 2 — Insurance Loss Index by Generation
2020-20222021-20232022-2024838686
RANGE 83 → 86·SOURCE HLDI · 2020-2022 → 2022-2024

Each point averages every recorded variant of that generation. The 2 has become more expensive to insure over time (+3 points).

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What a 2 costs by state

Where you park matters as much as what you drive. The 2's index applied to each state's average premium — the same car, the same cover, different postcode:

FIG.04·Polestar 2 Insurance Cost by State
State2 est. / yrvs national
Florida$1,712/yr+39% vs US
Louisiana$1,700/yr+38% vs US
New York$1,629/yr+32% vs US
District of Columbia$1,562/yr+26% vs US
Georgia$1,500/yr+21% vs US
Texas$1,483/yr+20% vs US
Wisconsin$859/yr-31% vs US
Hawaii$857/yr-31% vs US
Idaho$843/yr-32% vs US
North Dakota$826/yr-33% vs US
Vermont$823/yr-33% vs US
Maine$795/yr-36% vs US
ROWS 12·SOURCE NAIC 2023 × HLDI

Six priciest and six cheapest states shown. Figures are the state's average premium scaled by this model's loss index — your own quote also depends on age, record, deductible and ZIP.

More on the Polestar 2

Polestar 2 insurance — frequently asked

How much is insurance for a Polestar 2?

About $1,236 a year for full coverage at the national average, versus $1,438 for a typical car. That's the model's insurance-loss index of 86 applied to the US average premium.

Why is the 2 expensive or cheap to insure?

Its costliest area is Collision (index 110), which covers damage to your own car in a crash. Insurers set premiums from claim history like this, not from the sticker price.

Is the 2 cheaper to insure than rivals?

It ranks #1 of 78 in the luxury cars class, where the median index is 138 against this car's 86. Cheaper rivals are listed in the chart above.

Where does this data come from?

Insurance-loss indices published for real vehicles, combined with NAIC state average premiums. It's claim history, not a quote engine — so it shows what these cars actually cost insurers rather than what one company would offer you.

Will my own quote match this?

Treat it as a baseline for the car itself. Your figure also moves with age, driving record, deductible, mileage and ZIP code — the same 2 can differ by hundreds between two drivers.

How we work this out

Insurance-loss indices come from published claim data for real vehicles, where 100 is the average car; we average every recorded variant of the model's latest generation (4 records for the Polestar 2). The dollar figure applies that index to the NAIC US average premium of $1,438 (2023); state figures use each state's own average. Prices for the value comparison are ForCar's medians of live US listings. This is a baseline for the vehicle, not a personal quote. Last updated Jul 2026. Reviewed by , founder of ForCar.
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