Car Insurance Calculator: Estimate the Cost of Car Insurance for You

MoneyGeek’s car insurance calculator will give you a ballpark estimate of your auto insurance cost — no personal information required.

Last Updated: 5/13/2022
Advertising & Editorial Disclosure
By     |  

Auto Insurance Calculator

State

Alaska

Age

30-65

Driving Record

Clean

Credit Score

Excellent

Vehicle Type

Compact

Vehicle Year

2020

Liability Coverage

State Min

Comprehensive and Collision Insurance

None

Gender

Female
Average Annual Auto Insurance Rates

Click the section of the wheel in your price range to see options.

low end

on average

high end

Click your preferred price range to see company options.

Click an insurer below to visit their review page or continue to your personalized quote.

Company

Average Annual Rates

1.

USAA

$363

2.

GEICO

$474

3.

Allstate

$535

The cost of car insurance is highly personalized and varies from person to person. Car insurance companies weigh several factors when considering which rate to charge you, including your age, driving record, address, the type of car you drive and more. Using the MoneyGeek calculator, you can get a ballpark estimate of how much car insurance will cost without entering your personal information. The estimator can help you decide if it’s time to switch car insurance companies or find the right company that fits your needs and budget.

Insurance Rates

Compare Insurance Rates

Ensure you are getting the best rate for your coverage. Compare quotes from the top insurance companies.

widget-location-pin

How Can You Learn More About Auto Insurance Companies?

Not all car insurance companies are equal. Some will meet your needs better than others. Before you choose a company, take a look at their website to see the types of policies they offer and the coverages and discounts available. You can also check out MoneyGeek’s car insurance company reviews, including discussions on customer experience and financial strength. Keep in mind: the best car insurance company may not be the cheapest. So shopping around, comparing quotes and learning about the companies offering insurance in your area can help you find a balance between coverage and affordability.

Other Cheap Car Insurance Providers

Learn How Car Insurance Is Calculated In Your State

State laws, regulations, and insurance requirements can significantly impact insurance costs. As such, where you live plays a sizeable role in your premium prices. For example, minimum coverage in Maine costs $352 per year, while the same coverage is $5,099 in Michigan; that's a $4,747 difference.

Click on your state below to learn more about how auto insurance is calculated where you live.

How Can You Learn More About Car Insurance?

MoneyGeek makes it easy to learn about car insurance and the companies that offer it. We’ve analyzed each company, including the coverages they offer, discounts you can use to keep costs low, how well they handle customer service and their ability to pay claims on time.

How Do You Estimate Your Car Insurance Coverage Needs?

Car insurance pricing and your coverage needs are unique to you and your household. Each car insurance company you get a quote from will request personal information to complete a driving profile, which they will use to determine your rate. Considering the factors they use will help you estimate how much car insurance you need, including coverage options that may not be required but that you might want.

1

Driving Record

Insurance companies consider drivers with a history of tickets and accidents a higher risk than those with clean driving records. Maintaining a clean record will help you get the cheapest rates with the best car insurance company.

2

Other Drivers

An insurance company will ask about every licensed driver in the household, not just the applicant. Failure to provide that information could result in denied claims if someone is involved in an accident and isn’t listed on the policy. Encourage everyone you live with to practice safe driving habits to help lower your rate.

3

Your Vehicle

If you have an older vehicle that doesn’t have a high book value, you may decide liability and uninsured motorist coverage are all you need. But if you have a new car that would be costly to fix, you may want the added protection of comprehensive and collision coverage.

4

Existing Insurance

If you’re a new driver, strive to maintain a consistent insurance record without gaps in coverage. This saves you money on your insurance rates and means you’ll avoid fines for driving without insurance.

At MoneyGeek, we recommend most drivers get higher liability limits than many states require. We recommend a minimum coverage limit of 100/300/100, which covers up to $100,000 per person for bodily injury, up to $300,000 total in bodily injury per accident, and up to $100,000 for property damage.

Insurance Rates

Compare Insurance Rates

Ensure you are getting the best rate for your insurance. Compare quotes from the top insurance companies.

widget-location-pin

What Factors Impact Your Car Insurance Cost Estimate?

Many factors go into calculating your car insurance cost. Consider these when getting quotes to compare for car insurance:

  • Liability-Only vs. Full Coverage: Full coverage will cost more than liability-only because of the additional coverages like comprehensive and collision coverage. Roadside assistance, rental car reimbursement and gap insurance may also be included as part of full coverage.
  • Coverage Amounts: The more coverage, the higher your premium, but the more options you have if you’re in an accident or your car breaks down. Additional coverage could include roadside assistance, medical payments and rental car reimbursement.
  • Age: Drivers under the age of 30 and over 75 are statistically more likely to be involved in accidents and have higher fatality rates. Expect higher rates for teenagers and senior drivers than other age groups.
  • Location: Where you live can significantly impact your car insurance. Less dense populations in rural areas see fewer accidents and thefts than highly populated urban areas.
  • Additional Coverage Required by State (PIP, UM, etc.): Some states mandate personal injury protection and uninsured/underinsured motorist coverage, which costs extra. But even if optional, they may be worth considering since they can provide broader protection if you’re in an accident, whether as a pedestrian or driver, that involves a driver without insurance.
  • Driving Record: Drivers with several tickets or accidents on their record are riskier to insure, which means they'll pay more for car insurance. Drivers with clean driving records not only get better rates, but they also may be eligible for other discounts.
  • Credit Score: Paying your bills on time can mean lower car insurance rates in states that allow companies to use credit history when calculating premiums.
  • Car Choice: The more your car is worth, the more you’ll pay for car insurance. This is because you’ll likely need additional coverages like comprehensive and collision, plus it will cost the insurance company more to fix your car if you file a claim.
  • Marital Status: If you’re married, your spouse must be listed as a driver on your insurance policy, which is great if they have a good driving history but can be costly if not. Even so, research shows that single drivers are twice as likely to be injured in an accident than married drivers, which can account for better insurance rates for married people compared to singles.
  • Deductible Size: Picking a higher deductible will save you on premiums, but you’ll have to pay more out of pocket if you file a claim.

How Can You Lower Your Car Insurance Costs?

Not everything is in your control when it comes to car insurance rates, but there are some steps you can take to lower your car insurance costs.

1

Compare Quotes From Multiple Companies

Getting several quotes for the same coverage options can help you find the best deal on car insurance.

2

Ask About Discounts

Most car insurance discounts are stackable, so take advantage of everything you’re eligible for to lower your costs.

3

Improve Your Driving Record

The better your driving record, the lower your rate for car insurance — one of many reasons to practice safe driving habits and do your best to avoid accidents and tickets.

4

Improve Your Credit Score

Paying your bills on time can boost your credit score and lower your car insurance rate.

5

Ask About Bundling Your Home & Auto Insurance Policies

If you're a homeowner, opting to purchase home and auto insurance from the same company can get you a bundling discount, which is one of the highest percentage discounts available. To help your research, our proprietary analysis can help figure out which insurance companies provide the cheapest home and auto insurance bundles by state.

Frequently Asked Questions About Estimating Car Insurance Costs

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.

Insurance Rates

Compare Insurance Rates

Ensure you are getting the best rate for your insurance. Compare quotes from the top insurance companies.

widget-location-pin

Methodology

MoneyGeek partnered with Quadrant Data Services to get car insurance quotes from companies across all 50 states and hundreds of cities. Our data science team analyzed how personal factors impacted cost and incorporated our findings into our calculator to provide users with an accurate estimate of their expected yearly auto insurance costs. Read more about our methodology here.

Expert Advice: Auto Insurance Rates

  1. What’s the best way to estimate my car insurance costs?
  2. How do companies calculate car insurance?
  3. Are online car insurance quotes from insurance companies finalized quotes or estimates?
Dr. Brandon Di Paolo Harrison
Dr. Brandon Di Paolo Harrison

Assistant Professor of Accounting at Austin Peay State University

Jennifer Laurel Weske
Jennifer Laurel Weske

Professor of Accounting at Christian Brothers University, CPA, CGMA, CFE

James Brau
James Brau

Joel C. Peterson Professor of Finance at the BYU Marriott School of Business

Greg Files
Greg Files

Professor, Business Administration at Cape Fear Community College

Dr. Aniruddha Pangarkar
Dr. Aniruddha Pangarkar

Assistant Professor of Marketing at the University of Wisconsin-Green Bay

Dr. Hamid Abbassi
Dr. Hamid Abbassi

Assistant Professor of Marketing at Fayetteville State University

Gene Rendino
Gene Rendino

Assistant Professor at Elmira College

Wendy Habegger
Wendy Habegger

Lecturer at James M. Hull College of Business at Augusta University

Xin Che,  Ph.D.
Xin Che, Ph.D.

Assistant Professor of Finance at California State University, Fullerton

Joseph Farizo
Joseph Farizo

Assistant Professor of Finance at the Robins School of Business at the University of Richmond

Allen Snively Jr.
Allen Snively Jr.

Clinical Professor of Finance at UNC Kenan Flagler Business School

Keith Harman, PhD
Keith Harman, PhD

Ernest C. Wheeler Chair of Business at Oklahoma Baptist University

Caden Braly
Caden Braly

Business Development Manager at Braly Insurance Group

Richard Alderman
Richard Alderman

Director, Consumer Law Center at the University of Houston, Professor Emeritus

Cathy Duffy
Cathy Duffy

Associate Professor, Stiller School of Business at Champlain College

Joseph R. Stasio
Joseph R. Stasio

Associate Professor, Marketing at Merrimack College

Timothy Peterson
Timothy Peterson

Instructor of Finance at the University of Minnesota's Labovitz School of Business and Economics

Dr. Matt Lutey
Dr. Matt Lutey

Assistant Professor of Finance at Indiana University Northwest

Andrea Smythia
Andrea Smythia

Blogger and Owner of SavingJoyfully.com

Brynne Conroy
Brynne Conroy

Author of "The Feminist Financial Handbook," Owner of the blog Femme Frugality and Co-Host of the "Mom Autism Money" Podcast

Brian Meiggs
Brian Meiggs

Founder of My Milllennial Guide

Courtney Luke
Courtney Luke

Financial Coach and Author of Arrest Your Debt

John Schmoll
John Schmoll

Founder of Frugal Rules

Michelle Schroeder-Gardner
Michelle Schroeder-Gardner

Owner of Making Sense of Cents

Bob Haegele
Bob Haegele

Personal Finance Writer

Tina Rhodes
Tina Rhodes

Freelance Personal Finance Writer

Dr. Charles W. Richardson, Jr.
Dr. Charles W. Richardson, Jr.

Dean and Professor of Marketing at Alcorn State University

Edward Charles Randle, Ph.D., CPA
Edward Charles Randle, Ph.D., CPA

Assistant Professor of Accounting at Winthrop University

Charles E. Frasier
Charles E. Frasier

Professor of Accounting (Retired), College of Business, Lipscomb University

Curtis R. Price
Curtis R. Price

Associate Professor of Economics at the University of Southern Indiana

Dr. Ben Strother
Dr. Ben Strother

Instructor of Business at Hannibal LaGrange University

David Youland
David Youland

Assistant Professor of Business Administration at Southwestern College

Jie Ying
Jie Ying

Assistant Professor of Finance at Southern Illinois University Edwardsville

Dr. Feifei Zhu
Dr. Feifei Zhu

Associate Professor of Finance at Radford University

Nicholas Barnes, Esq.
Nicholas Barnes, Esq.

Dean of Liberal Arts & Sciences and Professor of Business & Law at Nichols College

Anna Barker
Anna Barker

Founder, LogicalDollar

Brittany Crocker
Brittany Crocker

Managing Editor of The Military Wallet

About the Author


expert-profile

Mandy Sleight is a professional freelance writer and licensed insurance agent. She has her property, casualty, life, and health licenses and has been working in the industry since 2005. Mandy has worked for well-known insurance companies like State Farm and Nationwide Insurance, and most recently as the Operations Coordinator for a start-up employee benefits company.

Mandy earned her Bachelor of Science degree in Business Administration and Management from the University of Baltimore and her Master in Business Administration from Southern New Hampshire University. She uses her vast knowledge of the insurance industry and personal finance combined with her writing background to create easy-to-understand and engaging content to help readers make smarter choices with their budget and finances.


sources