Use this calculator to get an estimated annual car insurance premium based on various factors. Please note that this is an estimation and actual premiums may vary significantly based on your specific insurer, location, and other details.
function calculateInsurance() {
var driverAge = parseFloat(document.getElementById('driverAge').value);
var drivingExperience = parseFloat(document.getElementById('drivingExperience').value);
var vehicleValue = parseFloat(document.getElementById('vehicleValue').value);
var annualMileage = parseFloat(document.getElementById('annualMileage').value);
var numAccidents = parseFloat(document.getElementById('numAccidents').value);
var numViolations = parseFloat(document.getElementById('numViolations').value);
var coverageLevelMultiplier = parseFloat(document.getElementById('coverageLevel').value);
if (isNaN(driverAge) || isNaN(drivingExperience) || isNaN(vehicleValue) || isNaN(annualMileage) || isNaN(numAccidents) || isNaN(numViolations) || isNaN(coverageLevelMultiplier) || driverAge < 16 || drivingExperience < 0 || vehicleValue < 1000 || annualMileage < 0 || numAccidents < 0 || numViolations (driverAge – 16)) {
drivingExperience = driverAge – 16;
if (drivingExperience < 0) drivingExperience = 0; // Handle cases where age < 16
}
var basePremium = 1200; // Starting base annual premium
var ageFactor = 0;
if (driverAge = 20 && driverAge = 25 && driverAge = 40 && driverAge = 60
ageFactor = 0.10; // 10% increase for older drivers
}
var experienceFactor = 0;
if (drivingExperience = 2 && drivingExperience = 5 && drivingExperience = 15
experienceFactor = -0.05; // 5% decrease for experienced drivers
}
var vehicleValueFactor = 0;
if (vehicleValue = 10000 && vehicleValue = 25000 && vehicleValue = 50000
vehicleValueFactor = 0.30; // 30% increase for high value
}
var mileageFactor = 0;
if (annualMileage = 5000 && annualMileage = 15000
mileageFactor = 0.10; // 10% increase for high mileage
}
var accidentsFactor = numAccidents * 0.25; // 25% increase per accident
var violationsFactor = numViolations * 0.15; // 15% increase per violation
var totalAdjustmentFactor = ageFactor + experienceFactor + vehicleValueFactor + mileageFactor + accidentsFactor + violationsFactor;
var estimatedPremium = basePremium * (1 + totalAdjustmentFactor) * coverageLevelMultiplier;
// Ensure premium doesn't go below a reasonable minimum
if (estimatedPremium < 500) {
estimatedPremium = 500;
}
document.getElementById('estimatedPremium').innerHTML = "$" + estimatedPremium.toFixed(2);
}
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font-family: 'Segoe UI', Tahoma, Geneva, Verdana, sans-serif;
background-color: #f9f9f9;
border: 1px solid #ddd;
border-radius: 8px;
padding: 25px;
max-width: 600px;
margin: 20px auto;
box-shadow: 0 4px 12px rgba(0, 0, 0, 0.08);
color: #333;
}
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text-align: center;
color: #0056b3;
margin-bottom: 20px;
font-size: 1.8em;
}
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margin-bottom: 25px;
line-height: 1.6;
color: #555;
text-align: justify;
}
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margin-bottom: 18px;
display: flex;
flex-direction: column;
}
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margin-bottom: 8px;
font-weight: bold;
color: #444;
font-size: 0.95em;
}
.calculator-form input[type="number"],
.calculator-form select {
width: 100%;
padding: 12px;
border: 1px solid #ccc;
border-radius: 5px;
box-sizing: border-box;
font-size: 1em;
color: #333;
background-color: #fff;
transition: border-color 0.3s ease;
}
.calculator-form input[type="number"]:focus,
.calculator-form select:focus {
border-color: #007bff;
outline: none;
box-shadow: 0 0 0 2px rgba(0, 123, 255, 0.25);
}
.calculator-form button {
display: block;
width: 100%;
padding: 14px;
background-color: #007bff;
color: white;
border: none;
border-radius: 5px;
font-size: 1.1em;
font-weight: bold;
cursor: pointer;
transition: background-color 0.3s ease, transform 0.2s ease;
margin-top: 20px;
}
.calculator-form button:hover {
background-color: #0056b3;
transform: translateY(-2px);
}
.calculator-form button:active {
transform: translateY(0);
}
.result-container {
margin-top: 30px;
padding: 20px;
background-color: #e9f7ff;
border: 1px solid #b3e0ff;
border-radius: 8px;
text-align: center;
}
.result-container h3 {
color: #0056b3;
margin-top: 0;
margin-bottom: 15px;
font-size: 1.4em;
}
.result-output {
font-size: 2.2em;
font-weight: bold;
color: #28a745;
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}
Understanding Car Insurance Premiums
Car insurance is a crucial financial product that protects you against financial losses in the event of an accident, theft, or other damages to your vehicle. The premium you pay—typically annually or monthly—is the cost of this coverage. This estimator provides a simplified view of how various factors influence that cost.
Key Factors Influencing Your Premium:
- Driver Age & Experience: Younger, less experienced drivers are statistically more likely to be involved in accidents, leading to higher premiums. As drivers gain experience and mature, premiums often decrease, assuming a clean driving record.
- Vehicle Value: The more expensive your car, the more it costs to repair or replace, directly impacting your comprehensive and collision coverage costs. High-performance or luxury vehicles also tend to have higher premiums.
- Annual Mileage: The more you drive, the higher your exposure to risk. Drivers with very high annual mileage typically pay more than those who drive less.
- Driving Record: This is one of the most significant factors. Accidents, speeding tickets, and other traffic violations signal higher risk to insurers, resulting in substantial premium increases. A clean record is your best friend for lower rates.
- Desired Coverage Level: Basic liability insurance, which covers damages to other vehicles/persons, is usually the cheapest. Adding collision (covers your car in an accident) and comprehensive (covers non-collision damage like theft, fire, natural disasters) significantly increases the premium. Opting for additional features like roadside assistance or rental car reimbursement will further raise the cost.
- Location: Where you live and park your car (urban vs. rural, high crime vs. low crime areas) can impact your premium due to varying risks of theft, vandalism, and accidents.
- Credit Score: In many states, insurers use credit-based insurance scores as a predictor of future claims. A higher score can lead to lower premiums.
- Vehicle Safety Features: Cars with advanced safety features (e.g., anti-lock brakes, airbags, anti-theft devices) may qualify for discounts.
How Our Estimator Works:
Our Car Insurance Premium Estimator uses a base premium and applies percentage adjustments based on the inputs you provide. For example, a younger driver with less experience and a history of accidents will see a higher estimated premium due to cumulative risk factors. Conversely, an experienced driver with a clean record and a moderately priced vehicle will likely receive a lower estimate.
Remember, this tool offers a general estimate. For an accurate quote, you should contact multiple insurance providers directly, as each company uses its own proprietary algorithms and risk assessment models.