Car insurance rates are increasing in 2022 and many people are looking to get the best prices on auto insurance. But rates can vary greatly depending on where you live, how old you are, whether you own a home and other factors. So, where do you start? How do you know if you’re getting a great rate?

CarInsurance.com’s Car Insurance Estimator can estimate your average monthly rate for three coverage levels and give you a recommendation on which is best for you in just a few minutes – without giving out any personal information.

Whether you’re shopping to insure a new car, looking to get insurance for a teen or trying to find car insurance prices in different states, getting car insurance estimates and comparing quotes could save you hundreds of dollars each year.

CarInsurance.com’s car insurance calculator is a great place to see how much your car insurance will be.

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Car Insurance Estimator

Get an estimate for your car insurance costs based on your state and driver profile.
Valid ZIP code required
Why we ask?
* Your location affects what you pay for coverage. Car insurance minimum liability limits vary by state, plus some states require additional coverages, such as uninsured motorist & personal injury protection. The frequency of accident and theft claims in your location is also taken into account. So, rates can vary from 54% less than the national average to 441% more, for different ZIP codes.
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Are you currently insured?
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Do you own a car?
Why we ask?
* If you own a vehicle you can choose your coverages and limits. However, leasing and financing companies require you carry comprehensive and collision coverage, plus leased vehicles must carry higher liability limits.
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What is your age?
Why we ask?
* Car insurance rates vary by age. This helps us give you a better estimate. Estimates can vary from being 22% less than the national average to being 77% more than it, based on the age group.
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Are you a homeowner?
Why we ask?
* Being a homeowner may reduce your auto insurance rates, and if you bundle your auto and home policies with the same insurance company, you can save up to 12%.
YOUR ESTIMATED CAR INSURANCE PLANS
Sorry we don't have the insurance rate for the zip code. Here is the insurance rate for your nearby zip .
State Minimum
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Bodily Injury
$25k/$50K
Property Damage
$15k
Collision
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Comprehensive
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BEST PRICE
Standard Liability
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Bodily Injury
$50k/$100K
Property Damage
$50k
Collision
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Comprehensive
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RECOMMENDED
BEST PROTECTION
Full Coverage
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Bodily Injury
$100k/$300K
Property Damage
$100k
Collision
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Comprehensive
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* In the table above for State Minimum Protection, we are showing only BI and PD for minimum requirements but that the rate shown in State Minimum Protection includes all coverage your state requires. You can find more details about your state here at Minimum Requirements by States. “State minimum” and “Standard Liability” policies are typically minimum or low-limit policies, providing bare-bones coverage. While these policies have lower rates, we recommend higher limits to ensure sufficient coverage should an accident or vehicle damage occur. “Full Coverage” policies will provide better coverage for you and your vehicle, as they have higher liability limits, plus include coverage for your vehicle through collision and comprehensive insurance. These policies offer the most financial protection should you have to file a claim.

How do you estimate your car insurance cost for 2022?

With the Car Insurance Estimator, in five easy steps, you’ll see prices for three coverage levels based on your personal profile. After getting an initial estimate, make sure you compare car insurance quotes before making any big changes. This way, you will know what your premium will be and you can budget accordingly.

What information do I have to input into the insurance cost estimator tool?

Don’t worry – you won’t have to give out personal information to use the Car Insurance Estimator. You just need to enter few details:

  • ZIP code
  • Current insurance status
  • Vehicle ownership status
  • Age
  • Homeowner or renter
Tip iconKey Highlights

 

  • CarInsurance.com’s car insurance estimator tool will give you an estimate of what you can expect to pay for your car insurance.
  • After getting an initial insurance estimate, make sure you compare car insurance quotes so you know how much your premium might be and can budget for it accordingly.
  • The average rate for state minimum coverage is $511, based on CarInsurance.com’s analysis of rates from several major insurance companies for nearly all ZIP codes.
  • Insurance providers use factors such as your location, age, credit history and type of vehicle to calculate your car insurance rates.

Which factors do companies use to estimate car insurance?

A variety of rating factors determine how much you will pay for car insurance. Which factors are used depends on state laws and internal guidelines of the insurers you receive quotes from and how they calculate car insurance rates.

In general, the main rating factors affecting the calculation of car insurance rates include:

  • Type of car
  • Age and years of driving experience
  • Geographic location
  • Marital status
  • Driving record
  • Annual mileage
  • Credit history
  • Chosen coverage, limits and deductibles

How much car insurance do I need?

Each state requires that you have liability car insurance to drive legally. However, the amount state-mandated liability insurance pays out for accidents may not be enough to cover the expenses, leaving you to pay the difference.

Expert Advice
Mark Friedlander Director of corporate communications for the Insurance Information Institute

Mark Friedlander

Director of corporate communications for the Insurance Information Institute

“Chances are that you will need more liability insurance than the state requires because accidents cost more than the minimum limits,” Mark Friedlander says. “If you are found legally responsible for bills that cost more than your insurance covers, you will have to pay the difference out-of-pocket, which could be financially devastating for you and your family.”

State-mandated liability insurance doesn’t cover your own car, so you may want to increase your protection to higher bodily injury liability limits and higher property damage liability limits: $100,000 per person, up to $300,000 an accident for medical bills for those injured in an accident you cause, and $100,000 for property damage that you cause (written as 100/300/100).

Finally, decide what deductible you can afford. One of the best ways to save on auto insurance costs is to increase your deductible for collision and comprehensive insurance. But remember that if you have a claim, that deductible will be your out-of-pocket expense to repair or replace your car. If you have more than one claim, you’ll have to pay the deductible each time, so choose an amount that you can pay from savings.

“Regardless of whether you want full coverage or the cheapest minimum amount, it is a good move to shop around,” says David C. Marlett, managing director of the Brantley Risk and Insurance Center at Appalachian State University. “Insurers have widely different pricing models and it is often surprising how much they can differ from one another. This is a quick and easy process that can easily save you hundreds of dollars in premiums.”

Learn more: How much car insurance do I need?

How much does car insurance cost?

According to a 2022 CarInsurance.com data analysis, the average rate for car insurance is as follows for average annual car insurance premiums for a 40-year-old male with a good insurance score (no violations):

  • State-minimum liability only: $511
  • Liability (50/100/50 limits): $637
  • Full Coverage (100/300/100 limits): $1,682

*The data analysis is inclusive of auto coverage by ZIP code, a 2022 vehicle, and for a driver with a 12-mile commute and a full-coverage policy.

Where do you find the best and cheapest car insurance?

Finding the right insurance company can be a challenge. You want an insurer that offers great rates, but you also want one that is financially sound, handles claims quickly and fairly and provides excellent customer service.

“Getting car insurance estimates from multiple insurers will help you reduce your insurance rate. It can also help you to discover previously unattended insurance needs,” says Siwei Gao, the Thomas and Rebecca Coffey Professor of Insurance Studies at Eastern Kentucky University.

“Many people set their car insurance to auto-renew in case of an unintentional lapse of the policy. This is smart – with one caveat – you may forget to re-evaluate your insurance strategy for a long period of time. It’s a good idea to be reminded to get a car insurance estimate on an annual basis.”

Auto-Owners, Erie, State Farm, Geico, Travelers, American Family, Nationwide, Progressive, Allstate and Mercury have all been rated among the best auto insurance companies. USAA also ranks as a top insurer, but the company offers coverage only to military members, veterans and their families.

Check out our detailed guide on who has the cheapest auto insurance for 2022

What are the types of car insurance?

In order to properly estimate car insurance costs, you need to understand that there are different coverage options. Here’s a breakdown of the three main types of car insurance so you can begin to calculate what kind of coverage you need.

Liability car insurance

Liability covers others’ property damage and medical expenses if you’re found at-fault for an accident. Many states’ minimum liability requirements are so low that if you were in an at-fault accident, you could be vulnerable to lawsuits to recover damages.

Collision coverage

Collision covers damage to your car, regardless of fault, and pays out up to the actual cash value of your car if it is found to be a total loss after an auto accident. Furthermore, collision coverage doesn’t cover weather events, theft or if you hit an animal while you’re driving.

Comprehensive insurance

Comprehensive covers theft and damage to your car from hail, floods, fire, vandalism and animal strikes. Like collision coverage, this will pay you up to the amount your car is valued at the moment before the incident.

Loretta Worters, vice president, of Insurance Information Institute, says that beyond just liability or comprehensive car insurance, consumers should consider getting an umbrella policy, which is extra insurance, covering extraneous items.

“Umbrella insurance can provide coverage for injuries, property damage, certain lawsuits and personal liability situations. In most cases, personal umbrella policies are available in million-dollar increments, from $1 million to $5 million,” Worters says.

Expert Advice
John Yoswick Analyst for CRASH Network

John Yoswick

Analyst for CRASH Network

John Yoswick is an analyst for CRASH Network, a trade publication covering the collision repair and auto insurance industries. He says that while today’s vehicles come with more safety features, this often increases the cost of repairing the damage from an accident.

“The increasing prevalence of driver assistance systems (like auto-emergency braking, lane-keeping systems, blind-spot detection) in new vehicles is reducing the number of accidents/claims, but contributing to the higher cost of repairs when crashes do occur,” he says.

FAQs: Car insurance estimates

How does your car affect your estimated car insurance cost?

Auto insurers track which cars are involved in the most crashes and have the worst injury records. Those factors impact the cost you pay for liability insurance, which covers the damage you cause to others and not the damage to your car.

Insurers also know which cars are expensive to buy, expensive to repair or are stolen more frequently, and those factors drive up the cost of collision and comprehensive coverage.

The calculations about the risk of a certain car are made independently.

For example, if you are an inexperienced driver in a car with a poor claims record, you are penalized twice. A more mature driver in the same car would pay a surcharge for the car, but not one for inexperience.

Below, we have average rates for car insurance by type of car.

Average rates for vehicles by type:
Graph
Table
VehiclesAverage Rates
Vans $1,443
Trucks $1,684
SUVs $1,729
Tesla Model 3 $2,917
Cars $2,164
Electric vehicles $2,407
Convertibles $2,427
 

How does your location affect car insurance price estimates?

Car insurance companies look at factors such as the rate of stolen cars in your area, and the number of cases of vandalism, claims and fraudulent claims, which helps insurers discern the risk associated with insuring your car in that ZIP code.

All other factors equal, your ZIP code can change your rate by hundreds of dollars.

How does your age affect auto insurance rates?

Auto insurers penalize inexperience – the less experienced the driver, the higher the rates. That’s because statistically, inexperienced drivers crash – a lot – and so they are the riskiest category of drivers to insure, so car insurance rates reflect this elevated risk.

Of course, the vast majority of inexperienced drivers are teenagers and those under age 25. So, young drivers pay significantly more, in general, than older drivers. Rates are cheapest for drivers in their 40s, 50s and 60s, and then increase a bit at age 70.

Check out: How to get cheap car insurance for young drivers with 6 tips from the experts

Average car insurance premiums by age

If you keep a clean record after age 25, rates typically stay relatively stable until you become a senior driver, when crash rates go up and premiums begin to rise again. Below you’ll find estimates for averages by age.

AgeState Minimum: Liability Only50/100/50: Liability Only100/300/100: Full Coverage
20$1,109$1,333$3,532
21$884$1,066$2,864
22$794$961$2,593
23$736$893$2,415
24$690$840$2,267
25$609$747$2,010
30$539$669$1,785
35$528$657$1,730
40$520$649$1,682
45$512$641$1,647
50$496$623$1,581
55$482$605$1,528
60$482$605$1,511
65$507$635$1,555
70$554$689$1,661
75$619$765$1,817

Coverage, in $thousands, represents bodily injury liability per person/bodily injury per accident/property damage liability per accident.

Full Coverage: 100/300/100 is liability with comp/collision and $500 deductible.

How does your driving record impact your insurance calculation?

Your driving record is paramount to a car insurance company. Safe drivers get a discount from standard rates for keeping a clean driving record. On the flip side, individuals who have a moving violation (such as a speeding ticket or DUI) or an accident on their motor vehicle record are more of a risk and can face a surcharge on top of standard rates.

In general, a minor violation such as a speeding ticket can boost your rates, on average, by 26% to 43%. If you have a major violation like a DUI, your rates can go up even more. The more risk you appear to be to your auto insurer, the more you will pay.

How does your credit rating affect car insurance quote prices?

Insurance companies routinely check your credit rating to create your premium – except in California, Hawaii, Massachusetts, Michigan and Washington (in effect until three years post-pandemic emergency declarations) – where state law prohibits credit from being a pricing factor. And in Oregon and Utah, policies can’t be canceled or not renewed due to credit history.

Credit scores help the insurance companies assess the risk level of a potential customer during the calculation of rates. Research has shown that people who have lower credit scores (typically under 600) are more likely to file claims.

Read more about What is an auto insurance score and why it matters

How do I choose an insurance company in 2022?

Compare car insurance quotes on the same auto insurance coverage from at least three companies. When making these comparisons, John Yoswick, an analyst for CRASH Network, says to keep an open mind and look beyond the largest and best-known insurers when you’re shopping for car insurance.

There are more than 200 auto insurers, and there is often an opportunity to buy coverage from a smaller company based in your state or region,” he says.

Request insurance quotes from at least three different insurers. Be sure to compare the same car insurance coverage by using the same liability limits, identical deductibles and optional coverages when you’re using a calculator tool or working with an agent.

In 2022, CarInsurance.com found that Progressive was the cheapest car insurance company for full coverage insurance and Geico was the cheapest for drivers with speeding tickets, crashes or poor credit.

How can you lower your insurance costs?

There are a few easy ways to decrease your car insurance premiums:

  • Ask your insurer about discounts, such as good/safe driver, good student, anti-theft devices, driving courses, loyalty, multiple vehicles, bundling and more.
  • Maintain a clean driving record and check your driving record for accuracy, making sure to fix any inaccuracies.
  • Check safety ratings and buy a vehicle that’s considered safe by insurance companies.
  • Maintain good credit and work diligently to fix any blips on your credit report.
  • Install safety and anti-theft features on your car.
  • Maintain a good insurance record by avoiding unnecessary auto insurance claims.

Read expert recommendations on how to lower car insurance rates

Methodology:

CarInsurance.com’s Car Insurance Estimator tool relies on 2022 data from Quadrant Information Services of average auto insurance rates for nearly every ZIP code in the United States with rates using a 2022 Honda Accord and data from 10 large carriers.

Averages for customized rates are based on drivers’ ages and gender for the following coverage levels: state minimum liability, liability of 50/100/50 and 100/300/100 with a $500 deductible on comprehensive and collision. Hypothetical drivers have good driving records and good credit.

– Michelle Megna contributed to this story.