Use our car insurance need calculator to help you determine what level of coverage you should choose based on your personal profile. Its quick and easy to calculate the right insurance for you.
Car Insurance Estimator:
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Updated: April 23, 2025
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$192
High
$139
Average
$87
Low
Rates updated:
Apr 24, 2025
| Insurance Carrier | MoneyGeek Score | Average Monthly Payment | |
|---|---|---|---|
| 1 |  Capital Insurance Group | 94 /of 100 | $87 |
| 2 |  GEICO | 82 /of 100 | $109 |
| 3 | 83 /of 100 | $118 | |
| 4 | 83 /of 100 | $129 | |
| 5 | 79 /of 100 | $133 | |
| 6 | 77 /of 100 | $151 |
1
Capital Insurance Group
MoneyGeek Score
94
/of 100
Average Monthly Payment$87/mo
2
GEICO
MoneyGeek Score
82
/of 100
Average Monthly Payment$109/mo
MoneyGeek Score
83
/of 100
Average Monthly Payment$118/mo
MoneyGeek Score
83
/of 100
Average Monthly Payment$129/mo
MoneyGeek Score
79
/of 100
Average Monthly Payment$133/mo
MoneyGeek Score
77
/of 100
Average Monthly Payment$151/mo
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Key Takeaways
MoneyGeek's car insurance calculator is easy to use. Provide your ZIP code, age, vehicle make and model, credit score and preferred coverage level to get personalized car insurance estimates.
Our car insurance cost estimates range from $20 to $457 monthly across 30 national and region car insurance companies and estimates are personalized to your profile.
Car insurance rates depend on your provider, age, location, vehicle, coverage level, driving record and other factors related to smaller details like occupation. See below to learn more about how to save.
Estimate How Much Car Insurance You Need
Determine How Much Car Insurance You Need
Take our four-step quiz to learn the required and optimal level of car insurance for you.
Enter Your ZIP Code
Please enter a valid US ZIP Code
Finding the right car insurance coverage can be confusing, but this guide will help you understand your options and choose the coverage that best protects you and your assets.
How to Calculate Your Coverage Level Needs
Option 1: Basic Coverage (state minimum)
- What it covers: Just enough to keep you legal
- Best for: Very tight budgets, vehicles with little value
- Risk: You'll pay out of pocket for any damages exceeding these low limits
Option 2: Standard Coverage (50/100/50)
- What it covers: Moderate protection for typical accidents
- Best for: Drivers with few assets and average risk
- Risk: Serious accidents could still exceed these limits
Option 3: Recommended Coverage (100/300/100)
- What it covers: Strong protection against most accidents
- Best for: Most drivers, especially homeowners or those with savings
- Risk: Very minimal for most accident scenarios
Option 4: Premium Coverage (250/500/250)
- What it covers: Maximum protection for severe accidents
- Best for: High-net-worth individuals or high-risk drivers
- Risk: Almost none except in extremely catastrophic scenarios
Choose higher coverage if you:
- Own a home
- Have savings or investments
- Drive in heavy traffic regularly
- Have teen drivers
- Transport children or passengers often
Choose lower coverage if you:
- Have very limited budget
- Have minimal assets to protect
- Drive infrequently
- Have a strong emergency fund
How to Calculate Car Insurance Costs
MoneyGeek’s car insurance calculator offers a quick and easy way to estimate car insurance costs based on your personal and vehicle information. Follow the steps to get a customized estimate and explore coverage options.
- 1
Understand your coverage needs
Before estimating your auto insurance costs, determine how much car insurance you need to avoid buying more coverage than necessary. You can use our car insurance coverage calculator tool below to determine your needs.
- 2
Learn about average costs
Knowing the average car insurance cost for your driver profile and what affects pricing helps you determine if you’re getting a good deal.
- 3
Use a car insurance calculator
Our car insurance calculator provides a rough national average and rates from top providers to help you start your search. Enter basic details like your state, credit score range, driving violations and vehicle information to get a cost estimate.
- 4
Find discounts
You may qualify for various car insurance discounts based on your driver profile, vehicle features, and policy choices including safe driver rewards, multi-policy bundles, and good student rates. See our guide to car insurance discounts by company. Drives can save 10-25% with discounts.
- 5
Compare multiple providers
Gather quotes from as many providers as possible to find the best deal. Prices can vary based on how you get them, such as through comparison sites or brokers, so explore multiple options. The car insurance calculator is a good place to start
10 Ways to Save On Car Insurance
Car insurance is a necessary expense, but that doesn't mean you can't find ways to save. Here are some proven strategies to lower your premiums:
- Compare quotes: Don't settle for the first quote you receive. Get quotes from multiple insurance providers to compare rates and coverage options. Our car insurance estimator can help you get started.
- Increase your deductible: A higher deductible lowers your premium but increases your out-of-pocket costs after an accident. Choose an amount you can afford.
- Bundle your policies: Many insurers offer discounts if you bundle multiple policies with the same company, such as home and auto insurance.
- Maintain a good driving record: Avoid accidents and traffic violations to keep your driving record clean. Safe drivers often get lower premiums.
- Improve your credit score: In many states, insurers use your credit score to set premiums. Improving your credit score can help lower your rates.
- Report accurate mileage: Lower annual mileage can qualify you for better rates. If you're working remotely or driving less, update your estimate with your insurer.
- Take advantage of discounts: Ask about discounts for safety features, anti-theft devices, defensive driving courses, good student status, military service, or professional affiliations.
- Consider usage-based insurance: Programs that track your driving habits through an app or device can reward safe drivers with lower premiums.
- Review coverage on older vehicles: For cars with low market value, consider dropping comprehensive and collision coverage if the annual premium exceeds 10% of the vehicle's value.
- Pay in full: Many insurers offer discounts when you pay your entire premium upfront rather than in monthly installments.
Car Insurance Estimates by Provider
Different providers offer varying discounts, customer service and pricing that affect your overall cost. For instance, some insurers offer safe driver discounts for those with clean driving records, while others may be more suited for higher-risk drivers with violations or poor credit.
Click below to explore estimates from multiple providers and find a policy that meets your needs without sacrificing coverage.
How Much Does the Provider You Choose Affect Car Insurance Rates?
Your choice of provider is the most important factor affecting car insurance rates. The cheapest provider can vary greatly, with average annual full coverage rates ranging from $531 to over $3,407. This means your insurer can impact your rates by up to 463%.
In the example below, you can see the difference in car insurance cost between two providers in the same state. Comparing multiple quotes can help you save.
Company | Lowest or Highest Average Rate | Average Monthly Full Coverage Rate |
|---|---|---|
North Carolina Farm Bureau | Lowest | $44 |
Dairyland | Highest | $284 |
*Rates are for a 40-year-old driver with good credit and no driving violations insuring a 2012 Toyota Camry.
How Does Your Provider Choice Affect Car Insurance Rates?
Below, we explain the factors that may make a provider cheaper or more expensive for you.
Car insurance quotes vary greatly by provider. It's important to get multiple quotes.
Provider availability
Local providers often have lower rates than regional or national ones. For example, Texas Farm Bureau, the most affordable car insurance company in Texas, is available only within the state.
Coverage availability
While all companies offer standard options, some provide nonstandard policies. For example, pay-per-mile insurance provides lower rates than a basic policy if you drive much less than the national average.
Discounts offered
Depending on the car insurance discounts offered, a provider may be more or less expensive for you. Each company has different discounts depending on your profile.
Car Insurance Estimates by Age and Gender
Age and gender are the second most influential factors in car insurance rates. Insurers assess the risk associated with different demographic groups. For example, younger drivers typically pay higher premiums due to limited experience and more driving violations. Rates often go down as drivers get older and gain experience. Gender can also affect rates, with some insurers charging higher premiums for male drivers, especially younger ones.
Click below to see car insurance costs by age and gender and find personalized estimates based on your profile.
How Much Does Age Affect Car Insurance Rates?
Age significantly affects car insurance costs, with young drivers under 25 paying higher premiums due to their inexperience and higher accident rates. Middle-aged drivers (30-60) generally enjoy the lowest rates, while seniors over 70 may see gradual increases as insurers consider age-related factors.
On average, full coverage rates are highest for 16-year-olds at $5,486 per year and lowest for 55-year-olds at $1,131. Rates are highest for drivers 25 and under, lowest in middle age and slightly higher in senior years.
Age | Lowest or Highest Average Rate | Average Monthly Full Coverage Rate |
|---|---|---|
55 | Lowest | $94 |
16 | Highest | $457 |
Car Insurance Estimates by Location
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 in your state, how auto insurance is calculated where you live and how to start getting estimates.
How Much Does Location Affect Car Insurance Rates?
Your location significantly impacts car insurance costs, with urban areas typically having higher premiums due to increased traffic, accident rates, and vehicle theft. Insurance companies also consider local weather patterns, road conditions, and repair costs when setting rates, which is why moving even a short distance can sometimes change your premium.
The average annual cost of full coverage ranges from $799 to $2,509, depending on location. This means location can affect your rates by up to 214%, based on your state and area.
State | Lowest or Highest Average Rate | Average Monthly Full Coverage Rate |
|---|---|---|
New Hampshire | Lowest | $67 |
New York | Highest | $209 |
*Rates are for a 40-year-old driver with good credit and no driving violations insuring a 2012 Toyota Camry.
How Does Location Affect Car Insurance Rates?
To help with your car insurance search, we've outlined the location factors affecting rates.
State requirements
Your state's minimum coverage requirements can increase or decrease car insurance costs.
Traffic statistics
Rates can rise or fall based on the risk of traffic accidents, DUIs or other driving violations in your area or nearby.
Environmental patterns
Weather can affect all types of car insurance policies and costs. Storms, for example, increase the likelihood of claims for environmental damage or accidents. Even animal-related damage is considered, though this usually applies only to comprehensive coverage.
Crime
Vehicle crime rates in your area can significantly affect rates, but they impact only comprehensive coverage costs.
Infrastructure
Your area's infrastructure, such as road quality, the number of routes or features like bridges, can affect traffic patterns and accident risks, which in turn can impact your rates.
Population density
The more densely populated your area is, the higher accident rates are, increasing your rates.
Other area demographics
Factors like the mileage driven by residents, their typical routes, education level, gender and occupations can influence your rates.
Car Insurance Estimates by Vehicle's Make and Model
Your car is the fourth most influential factor in determining your insurance premiums. Insurers assess risk by considering safety features, repair costs and theft rates.
Explore how your vehicle’s specifications affect your premium, get a head start on finding competitive rates, and consider a cheaper car to insure if you're shopping around.
How Much Do Make and Model Affect Car Insurance Rates?
The make and model of your vehicle directly influence insurance costs, with luxury and high-performance cars typically commanding higher premiums due to their expensive repair costs and increased theft risk. Insurance companies also consider factors like the vehicle's safety ratings, repair frequency, and replacement part availability.
Full coverage rates for different vehicles and types can vary by up to 206%, with the same driver profile. Average annual rates typically range from $1,093 to $3,350.
Model | Lowest or Highest Average Rate | Average Monthly Full Coverage Rate |
|---|---|---|
2009 Honda Odyssey | Lowest | $91 |
2022 Porsche Taycan | Highest | $279 |
*Rates are for a 40-year-old driver with good credit and no driving violations.
How Does Your Vehicle Affect Car Insurance Rates?
Below, we explain what insurers consider about your vehicle when determining rates.
Vehicle value
If your car is totaled, its market value determines the replacement cost for the insurer. Values vary widely depending on the vehicle type, including sedans, SUVs, trucks, luxury cars, sport/performance cars and electric vehicles.
Reliability and repair/replacement costs
The more reliable your car is, the less likely it is to break down on the road and cause an accident. If repair costs are lower, the less it costs to repair or replace your car, making comprehensive and collision claims cheaper for insurers.
Safety features
Car insurance companies offer discounts for certain safety features, such as automatic braking and blind spot monitors.
Mileage and age
As your vehicle's mileage and age increase, its value decreases, leading to lower insurance costs. For example, newer 2022 cars average $1,738 per year for full coverage, while used car insurance for 2012 models is around $1,357. However, in some cases, classic cars may see higher costs as they age.
Theft statistics
Regardless of value, certain vehicles may be more likely to be stolen than others, which can increase your comprehensive insurance costs.
Primary use or purpose
Your car use — for pleasure, commuting or business — affects your rates. Insurers consider how much you'll drive and the associated risks. Business owners or those using their car for work may need a separate commercial auto insurance policy, which typically costs more than a personal plan.
Ownership status
Whether you own, finance or lease your vehicle impacts your coverage options. If you don't own your car and are financing or leasing it, full coverage is usually required, which increases insurance costs.
Car Insurance Estimates by Coverage
Coverage level is the fifth most important factor in calculating car insurance costs. The coverage levels you choose directly impact the financial risk insurers take on. Your main coverage options include:
- Collision coverage: Most influential
- Minimum coverage: Second most influential
- Comprehensive coverage: Least influential
Together, these make up full coverage. In addition to these core policies, consider various add-on coverages and non-traditional options. Below, learn more about different coverage types and estimates to guide your decision.
How Much Does Coverage Affect Car Insurance Rates?
Depending on the coverage level, average yearly rates range from $628 for minimum coverage to $1,591 for maximum coverage. Your chosen coverage levels can affect rates by up to 153%.
Coverage Type | Lowest or Highest Average Rate | Average Monthly Rate |
|---|---|---|
Minimum coverage | Highest | $52 |
Maximum coverage | Highest | $133 |
*Rates are for a 40-year-old driver with good credit and no driving violations 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.
Car Insurance Coverage Types to Know and Consider
Understand key car insurance coverage types to choose the right protection. The table below breaks down each option to help you make informed decisions for your policy.
Car Insurance Coverage Type | What It Covers | Do You Need It? |
|---|---|---|
Minimum coverage | Injury and property damage to others if you cause an accident | Required in most states, but requirements vary by state |
Collision insurance | Repairs to your car after an accident, regardless of fault | Required if you lease or finance your car. Especially useful for newer or high-value vehicles, where repair costs are high. |
Comprehensive insurance | Non-collision damage, including theft, vandalism, fire and natural disasters | Required for leased and financed vehicles only. Consider it if you live in an area with higher crime rates, park on the street or are in a region prone to extreme weather. |
PIP coverage | Medical expenses and sometimes lost wages for you and passengers, regardless of fault | Often required in no-fault states. Beneficial if you lack strong health insurance, as it covers medical bills even if you’re at fault. |
Medpay | Medical expenses for you and your passengers, regardless of fault | Optional but useful if your health insurance is limited and is often affordable |
Uninsured/Underinsured motorist coverage | Costs if an uninsured or underinsured driver causes an accident | Highly recommended, especially in states with many uninsured drivers |
Non-owner coverage | Drivers who don’t own a car but drive other people’s vehicles | Useful if you frequently borrow or rent cars but not required |
Roadside assistance | Services like towing, battery jump-starts and flat tire changes | Convenient if you drive long distances or commute daily and get stranded |
New car replacement insurance | Replaces your new car with a brand-new model if it’s totaled, typically within the first few years | Optional and is great for new car owners who want extra protection |
Rental car reimbursement | Rental car while your vehicle is being repaired after an accident | Helpful if you rely on your car daily or travel often |
Accident forgiveness | Prevents your premium from increasing after your first at-fault accident | Ideal if you’re concerned about rate hikes in the case of an accident |
Pay-per-mile insurance | Same as a standard policy, but rates are primarily based on mileage driven | A cheaper option than standard policies if you drive much less than the national average |
Car Insurance Estimates for High-Risk Drivers
Driving record and credit history are the sixth most crucial factors affecting rates. High-risk drivers — those with past accidents, traffic violations, DUIs, bad credit or coverage lapses — often face higher premiums due to the increased risk they pose to insurers. While rates can be high, some providers specialize in coverage for high-risk drivers and offer more competitive pricing.
Click below to explore estimated rates for high-risk drivers and find options to make coverage more affordable.
DRIVING OFFENSES DON'T AFFECT RATES FOREVER
Driving violations don't stay on your record forever. Less serious offenses typically remain for up to five years, while more serious ones, like DUIs, can last up to 10 years. However, this can vary by provider, so ask an agent for more details when getting quotes.
How Much Do High-Risk Behaviors Affect Car Insurance Rates?
Nationally, if you have a high-risk violation or record, full coverage car insurance rates range from $1,525 to $2,457 yearly, affecting rates by up to 61%.
High-Risk Behavior or Quality | Lowest or Highest Average Rate | Average Monthly Full Coverage Rate |
|---|---|---|
Coverage lapse under 30 days | Lowest | $127 |
Poor credit score | Highest | $205 |
*Car insurance lapse rates are for a 40-year-old driver with good credit and no driving violations insuring a 2012 Toyota Camry. DUI rates are for a 40-year-old driver with good credit insuring a 2012 Toyota Camry.
Car Insurance Estimates for Other Driver Profiles
Other factors, like your industry, can lower rates with certain providers due to their discount offerings, but these tend to be less influential. Your citizenship and marital status can also affect your insurance costs.
Click below to see how different occupations and driver situations impact insurance costs and get estimates tailored to your profile.
How to Save With Our Car Insurance Cost Calculator: Bottom Line
MoneyGeek’s Car Insurance Estimator helps you calculate premiums based on location, vehicle type, driving record and coverage preferences. Before using the tool, determine your coverage level and conduct cost research.
When getting quotes, compare prices from multiple providers, use various methods to gather them and ask about discounts. Follow these steps to make informed choices and save money on car insurance.
Car Insurance Estimate: FAQ
Here are some frequently asked questions about using a car insurance calculator and estimating your premium.
What do you need to get a car insurance cost estimate?
To get a car insurance cost estimate, provide your age, home address, email address, phone number (optional), vehicle information (year, make and model) and coverage level.
What are the cheapest car insurance companies?
While the cheapest car insurance company varies for each person, we’ve compiled data on top providers to offer recommendations in your area. This can help you identify which companies may offer the lowest rates when you request a quote.
What is a good monthly payment for car insurance?
Based on MoneyGeek information, a "good" rate for car insurance is generally around $1,600-$1,800 per year (about $133-$150 monthly) for full coverage. The national average for basic liability coverage is lower, around $750-$850 yearly ($60-$70 monthly). Young drivers, people with bad credit, or those with tickets or accidents typically pay more than these averages.
What are the best car insurance companies?
The best car insurance companies offer the coverage you need at a price you can afford. Consider customer experience, company reviews, how they handle claims and discount offerings when researching companies to find the best one.
Where can I get a car insurance quote after I have an estimate?
Reading MoneyGeek’s reviews can help you find companies that offer the coverage you need at the right price. Use our calculator to estimate your car insurance costs and create a list of potential providers. Then, contact your top three insurers for quotes and compare them to find the best deal.
How can I get cheap car insurance?
To get cheap car insurance, compare quotes from multiple providers, bundle policies, increase your deductible, maintain a good driving record and ask about discounts. Also, consider usage-based insurance programs that track your driving habits.
How can I find the cheapest car insurance for me?
The cheapest car insurance for you depends on your circumstances. Use our car insurance estimator to compare personalized quotes based on your driving history, vehicle and coverage needs.
How does your car insurance estimator work?
Our car insurance estimator uses your information and driving profile to provide estimated costs from various providers. This allows you to compare rates and find the best coverage options.
Is $100+ a month expensive for car insurance?
Compared to the national average of $139 a month (as of January 21, 2025), $100 a month is a reasonable price for car insurance.
Is $500 a month expensive for car insurance?
Based on typical insurance rates, $500 per month (or $6,000 annually) for car insurance is considered very expensive compared to national averages. MoneyGeek data typically shows the national average for full coverage auto insurance is closer to $1,600-$1,800 per year, or about $133-$150 per month. Your $500 monthly premium is substantially higher than what most drivers pay, suggesting you might benefit from shopping around for better rates or exploring possible discounts with your current provider.
What is the 10% rule?
The 10% rule for cars suggests that your total vehicle expenses—including car payments, insurance, gas, maintenance, and repairs—should not exceed 10% of your gross income. This simple guideline helps you keep transportation costs manageable within your overall budget and prevents you from spending too much on your vehicle expenses.
What is the typical coverage level recommendation?
The most recommended coverage level is typically a 100/300/100 full coverage policy, which provides $100,000 for bodily injury per person, $300,000 for bodily injury per accident, and $100,000 for property damage. Very low value cars can be insured with liability-only coverage to save money.
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Car Insurance Estimates: Our Methodology
MoneyGeek gathered auto insurance quotes from Quadrant Information Services to develop the best car insurance calculator for estimating costs. It helps you make informed decisions by offering a real-time estimate of your potential premiums once you enter your information.
Study Overview
MoneyGeek analyzed state and national auto insurance rates to help consumers find affordable, quality coverage. We also calculated average premiums for an average driver based on a sample profile for each state, 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
MoneyGeek calculated auto insurance rates using an average driver profile with the following characteristics:
- 40-year-old male
- Toyota Camry LE
- Clean driving record
- 12K miles driven annually
We adjusted this profile based on factors affecting premiums, such as age, driving history, state and ZIP code and average mileage.
Coverage Levels and Deductibles Explained
Insurance rates depend on the coverage level.
Full coverage, which includes minimum, comprehensive and collision coverages, is more expensive but offers the greatest financial security by covering damage to your vehicle. You'll need to pay a deductible for comprehensive and collision coverages, typically $500 or $1,000, before the insurance company covers repairs or replacement. A higher deductible means lower premiums.
Minimum coverage offers the least protection at the lowest price. It typically covers bodily injury and property damage but doesn't have a deductible.
To calculate the national average auto insurance rate, MoneyGeek used a full coverage policy with comprehensive and collision coverages, each with a $1,000 deductible and 100/300/100 liability limits.
100/300/100 stands for:
- $100,000 in bodily injury liability per person
- $300,000 in bodily injury liability per accident
- $100,000 in property damage liability per accident
MoneyGeek calculated the average annual premiums for a 50/100/50 minimum coverage policy and a full coverage policy with 50/100/50 liability limits and a $1,000 deductible for comprehensive and collision coverages.
50/100/50 stands for:
- $50,000 in bodily injury liability per person
- $100,000 in bodily injury liability per accident
- $50,000 in property damage liability per accident
Find out more about MoneyGeek's methodology.
About Mark Fitzpatrick
Mark Fitzpatrick, a Licensed Property and Casualty Insurance Producer, is MoneyGeek's resident Personal Finance Expert. With over five years of experience analyzing the insurance market, he conducts original research and creates tailored content for all types of buyers. His insights have been featured in publications like CNBC, NBC News and Mashable.
Fitzpatrick holds a master’s degree in economics and international relations from Johns Hopkins University and a bachelor’s degree from Boston College. He's also a five-time Jeopardy champion!
Passionate about economics and insurance, he aims to promote transparency in financial topics and empower others to make confident money decisions.
sources
- CDC. "Risk Factors for Teen Drivers." Accessed February 20, 2025.
- Injury Prevention. "Motor vehicle driver injury and marital status: a cohort study with prospective and retrospective driver injuries." Accessed February 20, 2025.
- Insurance Information Institute. "Facts + Statistics: Teen drivers." Accessed February 20, 2025.