How to Estimate Your Car Insurance: Car Insurance Calculator

How to Estimate Your Car Insurance

Use our car insurance calculator to estimate your car insurance cost and how much coverage you need.

Use our car insurance calculator to estimate the cost of your personalized insurance policy. Get your car insurance estimate with a couple of clicks, all without entering your personal information.

Our tool calculates your customized rate estimates based on hundreds of thousands of quotes in every state.

Car Insurance Coverage Calculator

Our tool calculates your customized rate estimates based on hundreds of thousands of quotes in every state.

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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.

Car Insurance Coverage Calculator

Our calculator takes the guesswork out of finding insurance coverage.

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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.

Car insurance estimates by company

Local insurance companies like Erie and Auto-Owners often have the cheapest car insurance quotes, but they're not available in every state. National insurance companies such as State Farm and Geico are available in all states and tend to offer cheaper-than-average rates.

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 monthly minimum coverage car insurance rates

Average monthly car insurance rates

Cheapest

Average

Most expensive

Company
Cost per month
Auto-Owners logo
Auto-Owners$36
Erie logo
Erie$39
Farm Bureau logo
Farm Bureau$43
State Farm logo
State Farm$41
USAA logo
USAA*$31

*USAA car insurance is only available to members of the military, veterans and their families.

Cheapest

Company
Cost per month
Auto-Owners logo
Auto-Owners$36
Erie logo
Erie$39
Farm Bureau logo
Farm Bureau$43
State Farm logo
State Farm$41
USAA logo
USAA*$31

*USAA car insurance is only available to members of the military, veterans and their families.

Average

Company
Cost per month
Geico logo
Geico$52
American Family logo
American Family$53
Progressive logo
Progressive$63
Travelers logo
Travelers$63

Most expensive

Company
Cost per month
Nationwide logo
Nationwide$69
Allstate logo
Allstate$79
Amica logo
Amica$92
Farmers logo
Farmers$92

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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.

Aside from your state's minimum requirements, the amount of coverage you should choose depends on your budget, your car’s value and the amount of protection you want.

Your car insurance estimates might change if you experience a life event like moving to a new state or paying off a financed vehicle. Review your auto insurance coverage every year to determine if you need to increase your limits or if you're paying for unnecessary 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

Bodily injury liability coverage makes up a large portion of the cost of a policy. It pays for other drivers' medical costs and lost wages resulting from an accident you cause, as well as legal fees.

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

Property damage liability covers you for financial liability if you are at fault in an accident and cause damage to another person's property.

Each state has its own required coverage limit 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

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Uninsured/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/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

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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, regardless of fault.

Since a full coverage policy costs around $148 per month, you should decide whether the cost of adding extra coverage is worth it based on how much your car is worth.

Coverage type
Deductible
Monthly cost
Collision$500$71
Collision$1,000$56
Comprehensive$500$11
Comprehensive$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 a young person or a driver with an accident history, your auto insurance estimates will be more expensive than someone older or with a clean driving record.

Factor
Impact
AgeYounger drivers tend to pay more, especially teens.
Driving historyYou'll likely pay more if you have a recent at-fault accident or driving infraction, like a DUI.
The year, make and model of your carCars that are older, slower and cheaper and cars that have more safety features tend to be cheaper to insure.
Marital status and dependentsMarried people often see a slight discount, but you'll pay much more if your teenage son or daughter is on your policy.
Annual mileagePeople who drive less tend to see lower rates.
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How can you get cheaper auto insurance estimates?

Cheap car insurance rates can be difficult to find if you have a ticket or accident on your record, or if you live in a state with higher coverage requirements. To find the most affordable insurance rates, get multiple quotes and look for discounts for bundling or having a multicar policy.

  1. 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.
  2. 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.
  3. 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.
  4. 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.
  5. 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 get a cheaper rate.


Calculate how much auto insurance you need

Minimum coverage requirements vary by state, but 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

How much car insurance you need depends first on your state's minimum required coverage.

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 additional coverage types — based on what you can afford.

How much car 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, which can help you avoid paying a lot of money after an expensive crash. On the other hand, you probably won't need collision and comprehensive coverage if you drive an older car that's not worth much.

Coverage types

Liability insurance

  • What is it? Liability insurance reimburses other drivers who have been involved in 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? More coverage will raise your rates; however, state minimums usually aren't high enough to cover the cost of the average accident.

Comprehensive and collision

  • What is it? Comprehensive coverage pays for damage to your car from a cause besides a crash. Collision coverage pays for damage to your car after an accident with another car or a stationary object, regardless of who's responsible.
  • Do you need it? Drivers with leased or financed vehicles will most likely be required to purchase this coverage. The average driver should consider these coverages if they would have trouble paying to replace their vehicle if it's destroyed.
  • How much should you have? Each of these will pay up to 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/underinsured motorist coverage pays for your injuries or damage to your car when you’ve been hit by a driver who doesn't have enough car insurance to pay your bills.
  • Do you need it? Over 20 states require drivers to have some form of uninsured/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 should you have? Choose limits similar to the limits on your bodily injury and property damage coverage. You often won't be able to choose limits lower than your liability coverage anyway.

Meeting the minimum liability requirements may be enough to cover the costs of a small or average accident. However, it won’t be enough to offset the costs of a major accident, potentially costing you thousands of dollars out of pocket. Consider getting additional coverage to offset this risk 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

Claim payouts are based on a 2020 study from the Insurance Services Office.

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, which will help you estimate how much you'll pay for car insurance based on your location, your car and how much coverage you need.

How much car insurance do I need?

At the very minimum, you need enough car insurance to meet the minimum legal requirements in your state. However, we usually recommend buying additional 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?

Almost every state requires liability insurance, which pays for injuries to other people and property damage. Many states require personal injury protection as well, which pays for your own injuries in a crash. Comprehensive and collision coverage are also a good idea if your car is worth more than $5,000 or if you couldn't afford to replace it.

Methodology

We collected thousands of quotes from across every state, comparing multiple coverage limits to account for drivers with different net worths. Quotes are for a 30-year-old man with good credit and a good driving history who drives a 2015 Honda Civic EX.

To calculate the cost of each coverage type, we gathered quotes from ZIP codes across California using the same driver profile noted above.

Our car insurance calculator matches a driver's net worth to an estimate of how much liability they need to protect their assets. The higher the net worth, the higher the coverage limits needed.

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.

Editorial Note: The content of this article is based on the author’s opinions and recommendations alone. It has not been previewed, commissioned or otherwise endorsed by any of our network partners.