AutoQuote Hub

Methodology

Every premium figure on AutoQuote Hub is produced by one arithmetic model. This page publishes that model in full: the base rate, each multiplier, the exact value of each multiplier, and the data behind them. If a number appears anywhere on this site, you can reproduce it from what is written here.

The formula

A single annual premium estimate is the state base rate for the chosen coverage level, multiplied by one factor for location and one factor for each driver and policy attribute:

annual = stateBase(coverage) x cityMult x ageMult x recordMult x vehicleMult x deductibleMult x mileageMult x maritalMult

The monthly figure is the annual figure divided by twelve. The quoted range is the annual figure multiplied by 0.71x at the low end and 1.38x at the high end, which reflects how far apart carriers routinely price the same risk. Results are rounded to whole dollars for display only; rounding is never fed back into the calculation.

There is no machine learning, no personal data and no carrier rate filing behind any of this. It is a deterministic formula, and it is the same formula on every page of the site.

Base rate by coverage level

Each state carries two published base rates: a full-coverage average and a minimum-liability average. The coverage level selects between them.

Coverage levelWhat it meansBase rate used
MinimumState minimum liabilityState minimum-liability average
FullFull coverage (100/300/100 + comp & collision)State full-coverage average
PremiumFull coverage, high limits + low deductibleState full-coverage average x 1.19x

The per-state base rates and the statutory minimum limits are listed on the state index.

City multiplier

Urban density is the strongest geographic driver of auto premiums: claim frequency, vehicle theft, litigation rates and repair labour cost all rise with it. Every city in our dataset is assigned to one of six density tiers by population, and the tier sets the multiplier applied to its state base rate.

TierCity populationMultiplier
metro1,000,000 and above1.24x
major400,000 – 999,9991.16x
large150,000 – 399,9991.08x
mid60,000 – 149,9991.00x
small30,000 – 59,9990.94x
townbelow 30,0000.89x

Population comes from the source dataset described below, not from a rating bureau. A city near a tier boundary can therefore sit one step above or below where a carrier would place it. State-level pages use the population-weighted average of their cities rather than a single tier.

Driver age

Age is the strongest single rating factor after location. The model interpolates linearly between the anchor points below, and clamps input to the 16–90 range.

AgeMultiplierRelative to a 30-year-old
162.62x162%
182.21x121%
201.83x83%
221.52x52%
251.16x16%
301.00x0%
400.94x-6%
500.90x-10%
600.89x-11%
650.93x-7%
701.02x2%
751.19x19%

Driving record

A single violation is applied. The model does not compound multiple violations, and it does not age them out over three or five years the way a carrier surcharge schedule does.

RecordMultiplier
Clean record1.00x
1 speeding ticket1.23x
1 at-fault accident1.47x
DUI / DWI1.89x

Vehicle type

A body-style factor standing in for repair cost, theft rate and injury claim severity. It is a class factor, not a lookup of a specific year, make and model.

VehicleMultiplier
Sedan1.00x
SUV / crossover1.05x
Pickup truck1.08x
Minivan0.95x
Luxury car1.34x
Sports car1.46x
Electric vehicle1.19x

Deductible

The deductible only moves the comprehensive and collision half of a policy, so it is applied to full and premium coverage and ignored entirely on minimum liability.

DeductibleFull / premium coverageMinimum liability
$2501.11x1.00x
$5001.00x1.00x
$1,0000.91x1.00x
$2,0000.84x1.00x

Annual mileage

Annual mileageMultiplier
5,000 miles or less0.89x
5,001 – 7,500 miles0.94x
7,501 – 12,000 miles1.00x
12,001 – 15,000 miles1.06x
15,001 – 20,000 miles1.13x
over 20,000 miles1.20x

Marital status

A married driver is modelled at 0.93x against 1.00x for an unmarried driver. This is the smallest factor in the model and several states restrict its use in real rating.

Carrier index

Carrier tables on this site rank a shortlist by a relative index, where 1.00 is a mid-market position. An index of 0.82 means the model places that carrier roughly 18 percent below the market estimate for the same driver. These are modelled relative positions used for ordering a list. They are not quoted prices, they are not derived from rate filings, and no carrier has reviewed or approved them.

CarrierIndexModelled position
Geico0.82Usually cheapest for clean records
State Farm0.88Strong for young and student drivers
Progressive0.95Competitive after a ticket or accident
Travelers0.97Good multi-policy discounts
Nationwide1.00Mid-market, wide availability
USAA0.76Military members and families only
Allstate1.14Higher base rate, heavy discount stacking
Farmers1.21Agent-led, priced above market

Worked example

A 25-year-old in a metro city, one at-fault accident, driving an SUV on full coverage with a $1,000 deductible, 15,000 miles a year, unmarried, in a state whose full-coverage base rate is $2,000:

2000 x 1.24 x 1.16 x 1.47 x 1.05 x 0.91 x 1.06 x 1 = 4,283

Data sources

Source data is fetched and normalised at build time, so the site is a static snapshot. Averages lag the market, and rate filings change through the year.

Known limitations

What this is not

These figures are not a quote. Nothing on this site is an offer of insurance, a binding rate, or a price any carrier has agreed to. Only an insurer or a licensed agent can quote you, and only after underwriting your actual details.

This is not insurance advice. AutoQuote Hub is not an insurer, an agent or a broker, and is not licensed to give advice on coverage, limits or claims. Decide what coverage you need with a licensed professional.

We are not affiliated with any insurer. Carrier names appear for identification only and are the trademarks of their owners. No carrier sponsors, endorses or reviews this site, and no carrier supplies the numbers on it.

The carrier index is not a price. Index values are modelled relative positions used to order a shortlist, not quoted premiums, and they say nothing about what a specific carrier would charge you.

Your real premium will differ. The right way to use this site is as a reference point for what to expect, then to collect actual quotes from several carriers.

Corrections

If you find an error in a base rate, a minimum limit, a city assignment or the model itself, write to [email protected] and we will check it and correct it in the next build.

See also our terms of use and privacy policy.