Use a Car Insurance Premium Calculator for Finding Your Monthly Payment: A How to Guide

Get Car Financing
Even with poor credit.

January 27, 2012

A car insurance premium calculator is a handy online tool for finding insurance deals. If you're looking for the best deals, then the car insurance premium calculator can certainly help.

Step 1: What It Does

The calculator itself is something created by insurance companies to allow potential customers to compare rates, so they know exactly how much they'll have to pay each month for insurance. After providing certain information in the boxes, the customer receives quotes from all the different companies that subscribe to the service, giving a real car insurance rate comparison between them. It's also possible to calculate discounts that might come from membership in different organizations by checking boxes.

Step 2: Information Required

In order to give an accurate figure for your car insurance monthly payment, the car insurance premium calculator requires you to fill out certain questions, both about yourself and the vehicle you want to insure.

Be completely honest. The questions are quite basic, including address and the model and make of the car. What's asked is important because it will have a large effect on the insurance coats. People living in cities generally pay more for car insurance, for instance. Similarly, a vintage sports car is a lot more valuable than a 1990 Toyota, and so the premiums will cost a great deal more.

There will also be questions related to your driving. That's not only your driving record but also the mileage you drive each year. Statistically, the more you drive, the greater the chance of an accident, which means larger premiums. Once you've sent all this information, the calculator will give you quotes for rate comparison.

Free Credit Score

Get your free credit score now! Get a copy of your most recent credit score.

Get Your Free Score

Auto Insurance

Get competitive quotes on insurance in your area.

Sell Your Car

We will buy any car, running or not, with or (in most cases) without the title.

Get My Price

Need a Car Loan?

It only takes a minute.
Search New Cars by Loan Payment »

View estimated loan payments based on local rebates and financing offers.

Loan approval is not guaranteed and is subject to credit application and approval of the lender. Individual loan terms may vary. Use of this website constitutes acceptance of's Terms of Use, Disclaimer, Privacy Policy, and Cookie Policy.

Privacy Policy|Do Not Sell My Personal Information|Terms of Use|Cookie Policy|Disclaimer|
COPYRIGHT 1999-2020 MH Sub I, LLC dba