Free auto insurance calculator to help determine the right coverage levels for your vehicle, assets, and budget. Get personalized liability, collision, and comprehensive recommendations.
Use this free calculator to determine the right coverage levels for your situation. We’ll recommend liability limits based on your assets, plus guidance on collision and comprehensive coverage.
Auto Insurance Coverage Calculator
Your Recommended Coverage
Liability (Required)
100/300/100
Bodily Injury: $100K/$300K
Property Damage: $100K
Physical Damage
Collision:Recommended
Comprehensive:Recommended
Deductible:$500
Additional Coverage to Consider
Why These Recommendations?
Note: These are general recommendations. Your actual needs may vary based on your specific situation, driving history, and state requirements. Consult with a licensed insurance agent for personalized advice.
Bodily Injury (BI): Medical bills, lost wages, pain and suffering for people you injure
Property Damage (PD): Repairs to other vehicles, buildings, or property you damage
Why it matters: If you cause an accident with damages exceeding your coverage, you’re personally liable for the difference. Courts can garnish wages and seize assets.
Collision Coverage (Often Required)
Pays to repair your vehicle after a collision, regardless of fault. Required if you have a loan or lease.
When to consider dropping: If your vehicle’s value is less than 10x your annual premium for collision, the coverage may not be worth it.
Your coverage needs depend on your assets, vehicle value, and state requirements. At minimum, carry enough liability to protect your assets. If you have a newer vehicle or loan/lease, collision and comprehensive are typically required. Use our calculator for personalized recommendations.
▸What does 100/300/100 mean in auto insurance?
These numbers represent liability limits in thousands. 100/300/100 means $100,000 per person for bodily injury, $300,000 total per accident for bodily injury, and $100,000 for property damage. Higher limits provide better protection against lawsuits.
▸Should I get collision and comprehensive coverage?
If your vehicle is financed or leased, your lender requires both. For owned vehicles, consider their value: if repairs would cost more than the car’s worth, you might drop collision. Comprehensive covers theft, weather, and animal strikes—often worth keeping even on older vehicles.
▸What is a good deductible for auto insurance?
A $500 deductible is a common balance between premium savings and out-of-pocket risk. Choose a deductible you can comfortably afford if you need to file a claim. Higher deductibles ($1,000+) lower premiums but mean more cost at claim time.
▸Why should my liability be higher than state minimums?
State minimums are often inadequate for serious accidents. A major accident can easily exceed $100,000 in medical bills alone. If damages exceed your coverage, you’re personally responsible—creditors can pursue your savings, home equity, and future wages.
▸What is gap insurance and do I need it?
Gap insurance covers the difference between your car’s actual value and what you owe on a loan or lease if totaled. It’s valuable if you’re underwater on your loan, made a small down payment, or have a long loan term. Once your loan balance drops below your car’s value, you can drop it.
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