Abstract: In a method for calculating vehicle insurance fee, core data transmitted from an electronic device in a vehicle is received. The core date includes information as to how the vehicle is driven, by recording the driving style of the driver e, purchase price of the vehicle, and other basic information. A driving risk level of the vehicle is determined according to the received core data. A comprehensive risk coefficient associated with the driving risk level is obtained. An insurance fee of the vehicle is calculated based on the comprehensive risk coefficient and a preset sheet of parameters.