Before purchasing a vehicle, using an auto insurance calculator to estimate coverage needs and rates may be useful. These variables include age, accident history and ticket history as well as location. A great way to do this is through collision and comprehensive coverages you opt for with optional coverages like collision and comprehensive.

Some people opt to buy only the minimum coverage required by their state, while others choose full coverage that protects against financial loss in case of an accident or incident. Full coverage typically costs more than its minimum counterpart; as a guideline, ensure your assets equal coverage when selecting full coverage.

Your vehicle also affects your rate, with certain models more costly to insure than others due to insurers assessing past claims data, repair costs, theft rates and repair estimates for each make and model.

Other important criteria to keep in mind include selecting an appropriate deductible amount for coverages like collision and comprehensive. A higher deductible reduces premium costs, but be wary that if any claims arise you’ll owe more.

Consider any available discounts when estimating your rates. Nearly all companies provide some type of discount that can be combined together for maximum savings. Avoid accidents and traffic violations to keep rates at an all-time low; in addition, continuous coverage is key as even one lapse in coverage can significantly raise rates.