Standard Coverage
Premium (High Limits)
State Minimum
Standard ($500)
High ($1,000) – Save ~8%
Ultra High ($2,000) – Save ~12%
Low ($250) – Add ~5%
Adjusted Base (Coverage):$0.00
Total Discount Percentage:0%
Discount Savings:-$0.00
Estimated Annual Rate:$0.00
Estimated Monthly Payment:$0.00
function calculateAmicaRate() {
// Get Inputs
var basePremiumInput = document.getElementById('basePremium');
var coverageLevelSelect = document.getElementById('coverageLevel');
var deductibleSelect = document.getElementById('deductible');
// Get Checkboxes
var bundleHome = document.getElementById('bundleHome');
var multiCar = document.getElementById('multiCar');
var loyalty = document.getElementById('loyalty');
var payFull = document.getElementById('payFull');
var paperless = document.getElementById('paperless');
var baseInput = parseFloat(basePremiumInput.value);
// Validation
if (isNaN(baseInput) || baseInput 0.60) discountTotal = 0.60;
var finalAnnual = priceAfterDeductible * (1 – discountTotal);
var totalSavings = (adjustedBase – finalAnnual); // Comparison against the specific coverage base
var monthly = finalAnnual / 12;
// Display Results
document.getElementById('resBase').innerHTML = "$" + adjustedBase.toFixed(2).replace(/\d(?=(\d{3})+\.)/g, '$&,');
document.getElementById('resPercent').innerHTML = (discountTotal * 100).toFixed(1) + "% + Deductible Adj.";
document.getElementById('resSavings').innerHTML = "-$" + totalSavings.toFixed(2).replace(/\d(?=(\d{3})+\.)/g, '$&,');
document.getElementById('resAnnual').innerHTML = "$" + finalAnnual.toFixed(2).replace(/\d(?=(\d{3})+\.)/g, '$&,');
document.getElementById('resMonthly').innerHTML = "$" + monthly.toFixed(2).replace(/\d(?=(\d{3})+\.)/g, '$&,');
document.getElementById('results').style.display = "block";
}
Understanding the Amica Rate Calculator
When shopping for insurance, understanding how your premium is calculated is the first step toward finding savings. While Amica Mutual Insurance uses proprietary algorithms to determine exact quotes, this Amica Rate Calculator tool helps policyholders and prospective customers estimate how changes in coverage, deductibles, and discounts can impact their final premium.
Amica is consistently ranked highly by J.D. Power for customer satisfaction, often due to their fair claims handling and dividend policies. However, rates can vary significantly based on personal factors. This guide explains the logic behind the numbers.
Key Factors That Influence Your Amica Rate
Insurance premiums are essentially a measurement of risk. The lower the risk you present to the insurer, the lower your rate. The calculator above considers several primary levers that you can control:
Coverage Levels: Opting for state minimum liability limits will always be cheaper than comprehensive "Platinum" coverage, but it leaves you financially vulnerable in a major accident.
Deductibles: Your deductible is the amount you pay out-of-pocket before insurance kicks in. Raising your deductible from $500 to $1,000 shifts more risk to you, which typically lowers your premium by 8-12%.
Vehicle Usage: A car driven 5,000 miles a year (pleasure use) will generally have a lower rate than one driven 15,000 miles for commuting.
Maximizing Discounts with Amica
Amica offers a variety of discounts that can reduce your base premium by up to 30% or more. The most significant savings usually come from bundling and loyalty.
1. Bundling Home and Auto
Like most major carriers, Amica heavily incentivizes customers to hold multiple policies. Combining home (or renters) insurance with your auto policy typically yields a discount of around 15% on the auto portion and up to 20% on the home portion.
2. Multi-Car Discount
Insuring more than one vehicle on the same policy is more administrative efficient for the insurer and results in savings for you, often up to 25%.
3. Loyalty and Legacy
Amica is unique in its focus on long-term customer relationships. They offer a "Legacy" discount for young drivers (under 25) whose parents have been Amica customers for at least five years. Additionally, tenure discounts apply the longer you stay with the company.
Dividend Policies vs. Traditional Policies
One specific feature to note when calculating Amica rates is the option for a Dividend Policy. In exchange for a slightly higher upfront premium, dividend policies may return a portion of the premium to you at the end of the term, usually between 5% and 20%, depending on the company's financial performance. When using the calculator, consider if the potential dividend return outweighs the lower upfront cost of a traditional non-dividend policy.
How to Use This Calculator
To get the best estimate:
Enter a Base Premium: Use your current insurance renewal offer or a generic average for your vehicle type (e.g., $1,200 annually).
Select Adjustments: Toggle the discounts you qualify for. If you plan to pay the full 6-month or 12-month premium upfront, check the "Pay in Full" box.
Review Savings: The tool will display your estimated annual and monthly costs, highlighting the specific dollar amount saved through discounts.
Disclaimer: This tool is for educational estimation purposes only. It is not an official quote engine from Amica Mutual Insurance Company. Actual rates are based on credit score, driving history (MVR), CLUE reports, and specific zip code risk factors.