Car Insurance Calculator

Choosing the right amount of car insurance depends on several key factors, including your financial situation, driving habits and the value of your vehicle. For example, if you have significant assets, you might consider higher liability limits to protect against potential lawsuits. Frequent highway driving or living in a high-traffic area might make comprehensive and collision coverage more valuable, while older cars with lower market value may not need as much coverage.

Use our calculator below to assess these factors and find the car insurance coverage levels that you need.

Different providers offer unique discounts, customer service experiences and pricing structures that can impact your overall cost. For example, if you have a clean driving record, some insurers may offer significant safe driver discounts, while others might cater better to higher-risk drivers with violations or bad credit.

Click below to explore estimates from various providers, helping you find a policy that fits your needs without compromising on protection.

The provider you choose is the single most important factor that influences car insurance rates. The cheapest provider varies widely among every factor consideration and, on average, has rates that vary from $531 to over $3,407 per year on average for full coverage. Based on this, the provider you choose can affect your rates by up to 463%.

Rates presented are for a 40-year-old driver with good credit and no driving violations insuring a 2012 Toyota Camry.

Below we break down the components of what may make a provider cheaper or more expensive for you.

Age and gender together are the 2nd most influential factor affecting car insurance rates, as insurers assess the risk level associated with different demographic groups. For example, younger drivers often face higher premiums due to limited experience and higher driving violation rates, while rates typically decrease with age as driving histories improve. Additionally, gender can affect rates, with some insurers charging higher premiums for male drivers, especially in younger age brackets.

Click below to see car insurance costs by age and gender and find personalized estimates tailored to your demographic profile.

On average, for full coverage, rates are highest for 16-year-olds at $5,486 per year and lowest when you are 55 at an annual rate of $1,131. The cost is the most staggering if you are 25 and under, is lowest in middle age, and will slightly increase going into senior years.

Your location is the third-most influential factor in calculating car insurance costs, and insurers use information such as minimum coverage requirements, traffic patterns and crime to estimate your risk.

Search and click below to learn more about car insurance costs for your state and how auto insurance is calculated where you live, as well as to start getting estimates.

Annual costs can range from $799 to $2,509 on average for full coverage by location, keeping all else constant. In other words, location can affect your rates by up to 214% depending on your state and area.

Rates presented are for a 40-year-old driver with good credit nd no driving violations who is insuring a 2012 Toyota Camry.

To further inform your car insurance search, we've broken down which factors about your location can affect rates.

The car you drive is the fourth most influential factor in determining your insurance premiums. Insurers assess elements like your vehicle’s safety features, repair costs and theft rates to gauge the risk associated with covering it.

Explore how your car’s specifications can influence your premium, get a head start on finding competitive rates, and find a cheaper car to insure if you're in the market.

Full coverage rates between all vehicles and types we studied can affect rates as much as 206% on average with all else constant. Annual rates can range anywhere from $1,093 to as much as $3,350 on average.

Rates presented are for a 40-year-old driver with good credit and no driving violations.

Below we'll break down what insurers consider about your vehicle when determining rates.

The coverage levels you choose directly determine the monetary risk insurers take on in certain situations. Coverage level is the fifth most influential factor in calculating car insurance costs. Your main choices for coverage involve the following:

• Liability Coverage: 2nd most influential
• Comprehensive Coverage: Least influential
• Collision Coverage: Most Influential

All together, these policy types create full coverage. While these comprise the core of most policies, there are also different add-on coverages to consider along with available non-traditional policies and programs. Below, you can learn more about the different coverage types available to you and estimates to inform your decision-making process.

Depending on your coverage level, average yearly rates can range from $628 for minimum coverage levels to $1,591 for the maximum coverage level. In short, you can expect the coverage levels you choose to affect rates up to 153%.

Rates presented are for a 40-year-old driver with good credit and no driving violations who is insuring a 2012 Toyota Camry. Maximum coverage refers to a 300/500/300 limit of liability coverage and a $500 deductible for comprehensive and collision insurance.

Get to know key car insurance coverage types to help you choose the right protection for your needs. The table below breaks down each option so you can make informed decisions for your policy.

High-risk drivers — those with past accidents, traffic violations, DUIs, bad credit or lapses in coverage — often face higher insurance premiums due to the increased risk they represent to insurers. While rates can be steep, some providers specialize in coverage for high-risk drivers and offer more competitive pricing. Overall, having a high-risk history is the sixth most influential factor affecting rates.

Click below to explore estimated rates for high-risk drivers and find options to help make coverage more affordable.

Nationally, if you have a high-risk violation or record under your belt, full coverage car insurance rates can range from $1,525 to $2,457 yearly, affecting rates up to 61%.

Rates presented for car insurance lapse are for a 40-year-old driver with good credit and no driving violations insuring a 2012 Toyota Camry. Rates presented for DUI are for a 40-year-old driver with good credit insuring a 2012 Toyota Camry.

Other specific details, like the industry you work in, can make rates lower for you with certain providers due to their discount offerings, but these are often the least influential. Even your citizenship and marriage status can influence your car insurance cost.

Click below to see how different occupations and more unique driver situations impact insurance costs and to find estimates tailored to your specific profile.

MoneyGeek’s Auto Insurance Calculator helps you estimate car insurance costs based on factors like location, vehicle type, driving record and coverage preferences. We recommend you figure out the coverage level you need beforehand and do cost research before using any estimate tool. Once you begin getting quotes, be sure to get pricing from multiple providers, use multiple methods to get them, and ask about discount offerings to get the best deal.

Do you still have questions about using a car insurance calculator to get a ballpark estimate on costs? Here are some frequently asked questions about estimating your car insurance without using your personal information.

MoneyGeek gathered auto insurance quotes from Quadrant Information Services to give you the best car insurance calculator for estimating costs. It allows you to make informed decisions regarding your car insurance by providing you with a quote. Upon entering your unique information, the calculator provides a real-time estimate of your potential premiums.

Study Overview

A MoneyGeek analysis of state and national auto insurance rates was conducted for consumers looking for affordable and quality car insurance. We also calculated average premiums for an average driver based on a sample driver profile for each state, selected insurance company and coverage type.

Data Sources and Depth

We collected key information about auto insurance from state insurance departments and Quadrant Information Services. MoneyGeek analyzed around 83,056 quotes from 46 insurance providers across 473 ZIP codes.

Driver Profile

Using an average driver profile with the following qualities, MoneyGeek calculated rates for auto insurance premiums:

• 40-year-old male
• Toyota Camry LE
• Clean driving record
• 12K miles driven annually

This profile was adjusted based on factors such as age, driving history, state and ZIP code, average mileage and more that affect premiums.

Coverage Levels and Deductibles Explained

Your insurance rates are also affected by the level of coverage you choose.

It is more expensive to purchase full coverage, which includes liability, comprehensive and collision coverage, but it offers the greatest level of financial security since it covers damages to your vehicle. For comprehensive and collision coverage, you have a deductible, often $500 or $1,000, you must pay before the insurance company pays to repair or replace your vehicle — the higher your deductible, the lower your cost for these optional coverages.

A state's minimum coverage policy, however, offers the least protection for the lowest price. It usually includes liability coverage for bodily injury and property damage. Liability coverage does not have a deductible.

In order to calculate the national average automobile insurance rate, MoneyGeek used a full coverage policy with comprehensive and collision coverage, each with a $1,000 deductible and 100/300/100 liability limits.

100/300/100 stands for the following:

• $100,000 bodily injury liability per person
• $300,000 bodily injury liability per accident
• $100,000 property damage liability per accident

MoneyGeek determined the average annual premiums by coverage level using a 50/100/50 liability-only policy and a full coverage policy with 50/100/50 liability limits with a $1,000 deductible for both comprehensive and collision coverage.

50/100/50 stands for the following:

• $50,000 bodily injury liability per person
• $100,000 bodily injury liability per accident
• $50,000 property damage liability per accident

Find out more about MoneyGeek's methodology.