Car Insurance Calculator

Key factors include: your age, driving record, location, vehicle make/model, coverage levels, deductibles, credit score, annual mileage, and claims history. Younger drivers and those with violations pay more. Expensive or high-performance vehicles cost more to insure. Urban areas typically have higher rates than rural.

Liability covers damage you cause to others (required in most states). Collision covers damage to your car from accidents. Comprehensive covers non-collision events like theft, vandalism, weather, or hitting an animal. Liability is mandatory; collision and comprehensive are optional but required by lenders if you have a car loan.

Ways to reduce premiums: increase deductibles, bundle policies, maintain good credit, take defensive driving courses, install safety/anti-theft devices, reduce coverage on older vehicles, ask about discounts (multi-car, good student, low mileage, safe driver), shop around annually, and maintain continuous coverage.

Higher deductibles ($1,000-$2,500) lower premiums but increase out-of-pocket costs when filing claims. Lower deductibles ($250-$500) mean higher premiums but less upfront cost after an accident. Choose based on your emergency savings—you should have enough to cover your deductible comfortably.

This coverage protects you if hit by a driver with no insurance or insufficient coverage. It covers medical bills, lost wages, and vehicle damage. Recommended in states with high uninsured driver rates. Often inexpensive relative to the protection it provides, especially in hit-and-run situations.

While states set minimums (often 25/50/25), these are rarely adequate. Financial experts recommend 100/300/100 or higher, especially if you have significant assets to protect. Umbrella policies provide additional liability coverage beyond auto insurance limits. Consider your net worth and income when choosing limits.