Car Insurance Calculator: Get Instant Rate Estimates & Calculate Coverage Need

MoneyGeek's car insurance calculator will give you a customized estimate of your auto insurance cost. It's free to use, requires no personal information and we won't send you any spam.

Our car insurance coverage calculator helps you determine how much car insurance you should buy. Our calculator helps you choose the right liability limits and determine if you need comprehensive and collision (full coverage). This is the most important step before buying car insurance to give you confidence that you're protected from accidents, theft or weather damage.

Car insurance companies determine your rate by analyzing risk factors that predict how likely you are to file a claim. Since each company weighs these factors differently, car insurance costs vary between providers for identical coverage. The factors below are used to calculate your car insurance rate.

Your car insurance rate is most impacted by your insurance company choice. Our data shows costs vary by as much as $118 for identical coverage between the most expensive insurer (AIG at $215 monthly) and the cheapest (Travelers at $97 monthly) due to varying business models and risk assessment approaches.

Regional insurers often have lower operating costs, and companies with specialized policies like pay-per-mile insurance can offer lower rates. Each insurer also develops unique discount structures that can reduce premiums by 5% to 40%.

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

Car insurance costs vary by age and gender of the driver. Car insurance for a 16-year-old driver costs an average of over $450 more monthly than that of a 60-year-old driver for the same coverage. Car insurance rates follow a U-shaped curve and are highest for policyholders under 25, lowest for middle-aged drivers (30 to 60), then gradually increase for seniors over 70.

Where you live impacts your car insurance calculator estimates. For example, car insurance in New York costs almost $200 more monthly than Wyoming due to higher accident rates, theft risk and population density in urban areas.

Urban areas have higher car insurance estimates because of increased traffic density, accident frequency and crime rates. Weather patterns also affect how insurance companies calculate your rates. States with frequent hail, hurricanes or severe storms see higher comprehensive coverage rates. Each state sets different minimum coverage requirements, and higher required coverage means higher costs.

Your car choice impacts your cost as vehicles have different repair costs, safety ratings, theft statistics and vehicle value. MoneyGeek found that a policy for the most expensive car to insure in 2025, a BMW 330i, cost over $700 more monthly than the cheapest, a 2025 Subaru Forester.

Luxury vehicles have higher insurance costs because of expensive replacement parts, and sports cars have higher rates due to increased performance-related risk profiles. Older cars have lower car insurance rates than newer cars due to differences in value.

Car insurance costs vary depending on the coverage level you select. A policy with maximum allowable full coverage costs an average of almost $400 more monthly than buying the absolute minimum coverage.

Minimum coverage liability-only car insurance has fewer required coverages and costs less than full coverage car insurance, which protects you against damages to your car, not just damage you cause to others. Higher deductibles result in lower car insurance costs but mean higher out-of-pocket costs when filing claims.

*Costs are calculated 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 $1000 deductible for comprehensive and collision insurance.

Your personal driving history and creditworthiness directly impact car insurance costs. Driving record violations like accidents, speeding tickets and serious offenses like DUIs will increase your car insurance rate.

Your credit score affects car insurance rates, and a poor credit score will double your cost. Insurance companies use credit-based insurance scores, their internal equivalent to credit scores, as a rating factor because studies show correlation between credit scores and claim frequency. California, Hawaii, Massachusetts and Michigan prohibit insurers from using credit scores as a factor in your rate.

Here are answers to common questions about car insurance cost calculations and what will impact your cost.

For more information on how MoneyGeek analyzes car insurance costs, see our auto insurance methodology.