Auto Insurance Cost Estimator
Estimate your car insurance premium based on your state, age, driving record, and coverage needs.
Driver Profile
Estimated Annual Premium
$1,935/yr
$161/month
10% below state average ($2,150/yr)
Coverage Breakdown
Applied Discounts
Tips to Save
- Improving your credit score is one of the biggest ways to lower premiums.
- Bundling multiple vehicles on one policy can save 10-25%.
- Bundling home/renters insurance with auto can save 5-15%.
Estimates based on industry averages. Actual premiums vary by insurer, exact location, and individual factors. Get quotes from multiple insurers for accurate pricing.
How Car Insurance Premiums Are Calculated
Auto insurers use dozens of factors to set your rate. The biggest ones: your state (rates vary 3x between the cheapest and most expensive states), your age and driving record, your credit score (in most states), and how much coverage you carry. A 20-year-old with poor credit in Michigan can pay $6,000+/year while a 40-year-old with excellent credit in Idaho might pay $900.
Average Car Insurance Cost by State (2026)
| State | Avg Annual (Full Coverage) | Avg Annual (Minimum) |
|---|---|---|
| Florida | $2,830 | $1,270 |
| Louisiana | $2,950 | $1,330 |
| Michigan | $2,880 | $1,300 |
| New York | $2,650 | $1,190 |
| Texas | $2,150 | $970 |
| California | $2,250 | $1,010 |
| Ohio | $1,620 | $730 |
| Idaho | $1,430 | $640 |
| Maine | $1,310 | $590 |
| National Average | $2,014 | $906 |
Coverage Types Explained
Minimum/Liability Only covers damage you cause to others but nothing for your own car. Full coverage adds collision (your car in an accident) and comprehensive (theft, weather, animals). Most lenders require full coverage on financed vehicles. Once your car is worth less than 10x the annual premium difference, dropping collision/comprehensive often makes financial sense.
Top Discounts That Lower Your Rate
| Discount | Typical Savings | How to Get It |
|---|---|---|
| Multi-Car | 10–25% | Insure 2+ vehicles on one policy |
| Bundling (Home + Auto) | 5–20% | Same insurer for home/renters + auto |
| Good Driver | 10–20% | No accidents or violations for 3–5 years |
| Good Credit | 15–30% | Maintain 750+ credit score |
| Low Mileage | 5–15% | Drive under 7,500 miles/year |
| Defensive Driving Course | 5–10% | Complete a state-approved course |
Frequently Asked Questions
Does credit score really affect car insurance?
In most states, yes — significantly. Drivers with poor credit pay 40-100% more than those with excellent credit. Only California, Hawaii, Massachusetts, and Michigan prohibit or limit credit-based insurance scoring.
How much does a car accident raise insurance?
An at-fault accident typically increases premiums by 20-50% for 3-5 years. The exact impact depends on severity, your insurer, and your state. Some insurers offer accident forgiveness for your first at-fault claim.
Is minimum coverage enough?
State minimums are very low — often $25,000/$50,000 bodily injury. If you cause serious injuries, you're personally liable for anything above your policy limits. Financial advisors generally recommend at least $100,000/$300,000 bodily injury coverage.
See also: Auto Loan Calculator and Budget Planner.