Calculators › Auto insurance

Is collision coverage worth it? calculator

Collision cover can never pay more than the car is worth less the deductible, so on an older car the premium can approach the maximum possible payout.

Car value ($)Deductible ($)Collision premium ($/yr)Expected claim once per (years)

This is an educational tool, not a quote or advice. It uses general formulas and the figures you enter. Policy terms, state rules and insurer practice vary, so check anything important with a licensed agent.

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Should I file a claim?

Compare the payout on a claim against the premium increase you would pay for years afterwards.

Deductible break-even

Find how many claim-free years it takes for a higher deductible to pay for itself.

Total loss threshold

Check whether repair costs exceed your state’s total loss threshold against the car’s value.

Gap insurance need

See whether you owe more on your car than it is worth, and how large the gap is.

Accident premium impact

Estimate the total extra premium you pay over the years a surcharge stays on your record.

Bundling savings

Compare separate home and auto policies against a bundled quote.