Managing Money In A Crisis
Weekly tips sent straight to your inbox
Finder is committed to editorial independence. While we receive compensation when you click links to partners, they do not influence our opinions or reviews. Learn how we make money.
Car insurance calculators
How much car insurance do you need and how much will it cost? Use our handy estimator tools to find out.
Guides
Vehicle Guides
How much car insurance you need and how much it’ll cost you depends on several factors, including your car’s age and how much you use it. But you can estimate how much you’ll pay for car insurance before you even need to get quotes.
Calculator: How much can I save on car insurance?
Switching car insurance is the easiest way to save. Estimate how much money you could save by shopping around for cheaper quotes.
Car insurance savings calculator
Calculate how much you could save by switching car insurance.| Annual car insurance cost |
|---|
Fill out the form and click "Calculate" to see how much less you could be paying for car insurance.
Expected savings: $
Quiz: What kind of car insurance do I need?
Take Finder’s 30-second quiz to find out what kind of coverage you need and how much it will likely cost you.
Get the cheapest quotes
Compare car insurance companies near you.
Your information is secure.
How much should I pay for car insurance?
Your car insurance rates vary based on factors like where you live, what kind of car you drive, your driving habits and more. The annual average is $1,300 for the whole US.
Average car insurance rates
Compare a few common examples of car insurance rates by driver type.
| Driver profile | Cars driven | Annual rate |
|---|---|---|
| Married couple, age 50 | Toyota Prius, Toyota Camry | $3,178 |
| Married couple, age 40, with a teen driver | Toyota Camry, Hyundai Santa Fe | $6,923 |
| Single driver, age 30 | Honda Accord | $1,978 |
| Young couple, age 25 | Toyota Camry, Honda Odyssey | $4,038 |
How do I calculate my rates?
Your individual circumstances, your car and the policy you choose will affect the price you pay for car insurance. Insurers calculate cost based on your perceived risk.
- Age. Young drivers under 25, as well as seniors, will pay more for car insurance. Less driving experience means higher rates.
- Gender. Generally women pay slightly less for car insurance, although the gap widens for male drivers under 25, who pay the most.
- Job. Some occupations are riskier than others or lead to more time behind the wheel.
- Marital status. If you get married, you’ll see your premiums decrease.
- Location. Some areas are at higher risk of theft, storms, accidents and other hazards. You’ll see different rates based on your state, city, ZIP and address.
- Driving record. The more claims and violations you have on your driving record, the more you can expect to pay for your car insurance.
- Credit score. Credit score is correlated with risk, so a higher score means a lower rate, except in California, Hawaii and Massachusetts.
- Typical driving habits. Your typical distance driven, how often you get behind the wheel and where you drive all affect your rates.
- Your car. Your car’s make and model are the biggest factors in insurance rates. Insurers also look at your car’s safety ratings, safety features and theft rates.
- Coverage. Higher coverage maximums and additional types of coverage increase rates. A higher deductible also means lower rates.
Get quote estimates online from top companies
Bottom line
Comparing costs is a good way to start your search for the right car insurance, but price and discounts aren’t the only factor. Understand what you’re covered for with each policy and what level of coverage you need. Research each provider to make sure you’re happy not just with your bills but also customer support, claims process, account management and more.
Compare your options online to make your search easy.
Questions about how to calculate car insurance
Ask an Expert
What’s the cheapest for liability?
Hi Riddhi,
It depends on your location and what kind of liability insurance you need.
Most states require some basic liability limits for bodily injury and personal property, and you might want more coverage above your state’s minimum.
Using the calculator on this page, add your ZIP code and select the state minimum coverage level to show the cheapest coverage in your area. Update your info in the calculator for the most accurate rates for you.
You can also compare companies with the cheapest insurance for different drivers.
Let us know if we can help answer any other questions about cheap car insurance.
Cheers,
-Roslyn