Car Insurance Calculator: Estimate your Car Insurance Cost
Our car insurance calculator quickly estimates your costs and coverage after three easy questions.
Car insurance cost calculator
Car Insurance Coverage Calculator
Our tool calculates your customized insurance rates.
We'll show you the average cost of our recommendation, or the cost of a policy you customize yourself.
First, let’s see what the minimum coverage requirements are in your state.
Use our car insurance calculator to estimate the cost of your personalized insurance policy.
Car insurance estimates by company
Auto-Owners and Erie have the cheapest car insurance, but they're not available in every state. State Farm and Geico are the cheapest companies that sell policies in all states.
Car insurance estimates are a good starting point, but your actual insurance rates will vary based on factors like your age, your driving record, where you live and the amount of coverage you choose.
Average car insurance rates for minimum coverage
Cheapest
Average
Most expensive
Company | Cost per month | |
|---|---|---|
| Auto-Owners | $36 |
| Erie | $39 |
| Farm Bureau | $43 |
| State Farm | $41 |
| USAA | $31 |
USAA car insurance is only available to members of the military, veterans and their families.
Cheapest
Company | Cost per month | |
|---|---|---|
|
| Auto-Owners | $36 |
|
| Erie | $39 |
|
| Farm Bureau | $43 |
|
| State Farm | $41 |
|
| USAA | $31 |
USAA car insurance is only available to members of the military, veterans and their families.
Average
Company | Cost per month | |
|---|---|---|
| Geico | $52 |
| American Family | $53 |
| Progressive | $63 |
| Travelers | $63 |
Most expensive
Company | Cost per month | |
|---|---|---|
| Nationwide | $69 |
| Allstate | $79 |
| Amica | $92 |
| Farmers | $92 |
Find Cheap Auto Insurance Quotes Near You
How to calculate your car insurance costs
How to estimate car insurance costs
To estimate the cost of car insurance, you first need to decide what kinds of coverage you need.
The best car insurance coverage for you depends on your budget, your car’s value and your state's minimum requirements.
Review your auto insurance estimates every year to find the cheapest rates and decide if you need different coverage.
The most expensive car insurance coverages are bodily injury liability, collision coverage and comprehensive coverage. Before deciding which insurance coverages to add, compare cost estimates for each coverage type.
Bodily injury liability
Bodily injury liability coverage pays for other drivers' medical costs and lost wages if you cause an accident. It's required in most states, so you usually can't have a policy without it.
Limit per person | Limit per accident | Monthly cost |
|---|---|---|
| $25,000 | $50,000 | $36 |
| $50,000 | $100,000 | $41 |
| $100,000 | $300,000 | $46 |
| $250,000 | $500,000 | $51 |
Property damage liability
Property damage liability covers damage to other people's property if you cause an accident. This includes crashing into another car or object.
Each state has its own requirements for property damage liability, ranging from $5,000 to $25,000.
Limit per accident | Monthly cost |
|---|---|
| $25,000 | $31 |
| $50,000 | $32 |
| $100,000 | $33 |
Uninsured/underinsured motorist bodily injury coverage
Uninsured and underinsured motorist bodily injury coverage covers your medical bills if you're in an accident caused by an uninsured or underinsured driver. It can also cover lost wages and pay for services you can no longer perform yourself, such as cleaning your house or babysitting.
Twenty states require uninsured and underinsured motorist coverage.
Limit per person | Limit per accident | Monthly cost |
|---|---|---|
| $25,000 | $50,000 | $9 |
| $50,000 | $100,000 | $12 |
| $100,000 | $300,000 | $16 |
| $250,000 | $500,000 | $21 |
Comprehensive and collision
Comprehensive and collision coverage are included in a full coverage insurance policy. They cover repairs to your own car for incidents on and off the road, no matter who's at fault.
You'll need this coverage if you have a loan or lease. But it's expensive, often doubling the cost of insurance.
Coverage type | Deductible | Monthly cost |
|---|---|---|
| Collision | $500 | $71 |
| Collision | $1,000 | $56 |
| Comp. | $500 | $11 |
| Comp. | $1,000 | $9 |
What factors are used to calculate your car insurance cost?
Insurance companies calculate your car insurance rate based on a number of factors. For instance, age and accident history are used to determine your "riskiness" as a driver. If you are young or have a ticket, your auto insurance estimates will be more expensive than someone older or with a clean driving record.
Factor | Impact |
|---|---|
| Age | Younger drivers tend to pay more, especially teens. |
| Driving history | You'll usually pay more after a ticket, DUI or accident. |
| Your car | It's cheaper to insure cars that are older, slower or safer. |
| Marital status and dependents | Married people often see a slight discount, but you'll pay much more if a teenager is on your policy. |
| Annual mileage | People who drive less tend to see lower rates. |
How can you get cheaper auto insurance estimates?
To find the most affordable insurance, get quotes from several companies. Also look for discounts for bundling or automatic payments.
- Compare quotes from multiple companies. Car insurance rates can vary by up to $393 per month for full coverage from one company to the next. Get quote estimates from large insurance companies like State Farm and Geico along with smaller ones like Erie and Farm Bureau.
- Look for discounts. Most companies, especially large ones like Geico or State Farm, have a lot of discounts available. These discounts add up to savings of up to 50% off or more, and you may already qualify for many of them.
- If you live with other drivers, consider a multicar policy. It's cheaper to add another person to your insurance plan than to have two separate policies. You can share a multicar policy with anyone you live with.
- Bundle with other insurance. Most major insurance companies offer the option of bundling your home or renters insurance with your auto insurance. Opting for a bundle deal can get you a discount on your total insurance cost for both policies.
- Shop around every year. If your life situation or driving record has changed since you bought your insurance policy, ask your insurance company to see if you qualify for a cheaper quote. Improving your credit score, getting married or staying accident-free might help you save.
Calculate how much auto insurance you need
How much car insurance you need depends first on your state's minimum required coverage.
Most states require:
- $20,000-$25,000 of bodily injury liability insurance per person
- $40,000-$50,000 of bodily injury liability insurance per accident
- $10,000-$20,000 of property damage liability insurance
Some states also require drivers to carry uninsured motorist coverage or personal injury protection (PIP), although this is not the norm. Start with your state's minimum required insurance, then add higher coverage amounts — and maybe other coverage types — based on what you can afford.
How much insurance should you get?
The right amount of auto insurance coverage depends on your budget and driving background. For example, you can typically double your liability coverage limits for a few extra dollars a month.
This can help you avoid expensive bills after a crash, like if you rear-end a Ferrari. On the other hand, if you drive an older car that's not worth much, you probably won't need collision and comprehensive coverage.
Liability insurance
- What is it? Liability insurance pays for damage and injuries to other drivers after an accident where you are at fault.
- Do you need it? Liability coverage is required in every state except New Hampshire.
- How much should you have? State minimums usually aren't high enough to cover the cost of the average accident. However, more coverage will raise your rates.
Comprehensive and collision
- What is it? Collision coverage pays to repair your car after an accident with another car or a stationary object, regardless of who's responsible. Comprehensive coverage pays to repair your car from a cause besides a crash.
- Do you need it? Yes, if you have a loan or lease. Also consider it if your car is expensive or if you couldn't replace it if it was totaled.
- How much coverage should you have? The value of your car, minus your deductible. Choose a deductible based on the amount you would be comfortable paying in an emergency.
Personal injury protection
- What is it? PIP covers the medical costs and lost wages of drivers and passengers after getting into an accident, regardless of who's at fault.
- Do you need it? PIP is required in 12 states. PIP is a good idea if your existing health insurance has high copays or deductibles, or if you want reimbursement for lost wages.
- How much should you have? Your state may require a minimum amount of PIP. Choose an amount that you estimate would cover your out-of-pocket costs for medical care after a major accident.
Uninsured or underinsured motorist
- What is it? Uninsured or underinsured motorist coverage pays for your injuries or repairs if you're hit by a driver who doesn't have insurance or doesn't have limits high enough to pay your bills.
- Do you need it? More than 20 states require drivers to have some form of uninsured or underinsured motorist coverage. Even if your state doesn’t require it, you should still consider purchasing it. It’s affordable, and 1 in 8 drivers do not have car insurance.
- How much coverage should you have? The same limits as your liability coverage for bodily injury and property damage.
The minimum liability requirements may be enough to cover the costs of a minor accident. However, it won’t be enough for repairs after a major accident. Plus, the cost of car repairs has increased 23% in the last year. Consider getting more coverage if you can afford it.
Average claim amounts
Claim type | Average claim amount |
|---|---|
| Bodily injury liability | $20,235 |
| Property damage liability | $4,711 |
| Collision | $3,588 |
| Comprehensive | $1,995 |
Frequently asked questions
How much will my car insurance cost?
The average cost of minimum coverage car insurance in the United States is $58 per month. However, your rates will vary based on where you live, what kind of car you have and your driving history.
How do I calculate the cost of car insurance?
The best way to calculate the cost of auto insurance is to use our online car insurance calculator. By answering three easy questions, you can estimate your car insurance rates based on your location, your car and how much coverage you need.
How much car insurance do I need?
At the very least, you need enough car insurance to meet the minimum legal requirements in your state. However, consider buying more coverage if you drive a lot, have a newer car or are paying off a car loan or lease.
How much should I be paying for car insurance?
How much you should spend on insurance depends on what coverage you need, where you live and your driving history. The average price of car insurance nationwide is $58 per month for a minimum coverage policy and $148 per year for full coverage.
What kind of car insurance should I get?
Nearly every state requires you to have liability insurance, which pays for injuries to other people and property damage. But it's worth it to pay more for full coverage if your car is new or worth more than $5,000, or if you want to avoid unexpected bills.
Methodology
Our car insurance calculator is based on millions of car insurance quotes from every ZIP code in the U.S., using multiple coverage limits. Rates are for a 30-year-old man with good credit and a good driving history who drives a 2015 Honda Civic EX.
Insurance analysts and agents provided recommendations for matching a driver's net worth to their coverage. Estimates from our calculator default to higher coverage limits for higher net worth drivers.
To calculate costs for each coverage type, we gathered quotes from ZIP codes across California using the same driver profile as above. Claim payouts are based on a 2020 study from the Insurance Services Office.
Rate data was compiled using Quadrant Information Services. Your quotes may be different, as these rates are averages and are best used for comparative purposes only.