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How Can I Find The Cheapest Car Insurance In New York

Legislation Aims To Prevent Car Insurance Companies From Using Occupation, Education To Determine Co

While understanding what the average costs are for drivers like you can be helpful as you get an idea of what you might end up paying, the only way to know exactly what your rate will be is by requesting a quote from car insurance companies.

Good news! Compare.com does all of that work for you. Simply enter your ZIP Code below, answer a few questions on you and your car, and you’ll be comparing the cheapest quotes from numerous car insurance companies providing coverage in New York.

Cheapest Car Insurance For Military Families

If you’re an active member of the military or a veteran or have an immediate family member who is chances are you’ll get a relatively cheap rate with USAA, a company that isn’t available to the general public.

Because of that restriction, USAA isn’t ranked with the others, but it was among the cheapest five auto insurance options for 26 of the 48 driver profiles we examined.

How To Get Cheap Car Insurance In New York City Ny

New York City drivers pay some of the most expensive rates in the country, but there are ways to save:

  • Safe driver discount – A discount for drivers without moving violations or accidents on their driving record.

  • Bundling – Combining your car and home insurance policies is a great way to save money on your premiums.

  • Low mileage discount – NYC drivers pay higher rates, but their commutes are shorter.

  • Military discount – Typically, military service members and their family members can get a reduced rate on car insurance.

There are other discounts available, ask your insurance company which of them may apply to you.

Compare rates and shop affordable car insurance today

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Who Offers The Best Teen Rates In New York

Among the five companies analyzed, Geico is the cheapest auto insurance policy option for both male and female teen drivers in New York, on average cost. Teen drivers present a higher risk. So the rate for the same liability per person is higher. Of course, smart auto insurance quotes will also include increased liability coverage and other coverage to protect teens in their first accident.

In the table below, you can find New York teen rates for male and female drivers. The average premiums are listed for four of the largest car insurance companies in New York.

Company
$2,743$3,076

These rates are based on profiles for 18-year-old male and female drivers in New York. The car used was a 2015 Honda Civic EX. We used the minimum car insurance state limits. The numbers displayed should only be used for comparative purposes as individual rates in New York will differ. Data is provided by Quadrant Information Services.

Cost Of Car Insurance In New York Vs Neighboring States

Who Has the Cheapest Auto Insurance Quotes in New York?

State

You need $25,000 in bodily injury liability insurance per person plus $10,000 in property damage liability insurance to drive legally in New York. The New York liability insurance requirements can also be written as 25/50/10. In addition, drivers in New York will need to purchase $50,000 in personal injury protection and uninsured motorist bodily injury coverage equal to the minimum required liability limits to satisfy the state’s minimum car insurance requirements.

Even though New York only requires 25/50/10 in liability insurance, drivers should consider buying more coverage if they can afford it. If you cause an accident that results in damage beyond your policy limits, you will be personally responsible for paying the difference. And no matter what, you should be sure to fulfill the minimum New York car insurance requirements to avoid facing consequences for driving without insurance.

Finally, drivers should also consider purchasing other types of car insurance in order to better protect themselves, given that liability insurance does not provide any coverage for the policyholder’s own injuries or property. For instance, collision insurance covers damage to the policyholder’s car regardless of fault. And comprehensive insurance pays if the policyholder’s vehicle is damaged by something besides an accident, like a natural disaster or vandalism.

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Does Everyone Get The Same Rate When Buying Auto Insurance

In a word no. Just because you have never been in an accident and have a clean driving record doesnt mean your rate will be low.

There are many factors that New York auto insurers use to calculate your rate. These include past insurance claims, driving record, and car model.

In addition, New York auto insurers use the below factors to calculate your rate.

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Auto insurance from Plymouth Rock Assurance gives New York customers the best care, guidance and advice, all at a competitive price.

We strive to make insurance easy! Our agents and licensed insurance professionals can answer your questions and are here when you need us most. They can also tell you about which discounts you might qualify for, saving you even more on your auto insurance policy. In fact, drivers could save over $645* by switching to Plymouth Rock.

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How Much Is Car Insurance In New York

How much car insurance costs in New York depends on what type of car insurance you need or want. Common types of car insurance in New York include:

  • Liability insurance, which protects you when you hurt someone or damage property when youre involved in a car accident and are at fault
  • Collision insurance, which covers repair costs to your own car when youre involved in a car accident and are at fault
  • Comprehensive insurance, which covers repair or replacement costs of your car when its stolen, vandalized, or damaged in a natural disaster
  • Personal injury protection , which covers your own medical costs when youre injured in a car accident, regardless of fault
  • Uninsured/underinsured motorist insurance, which covers your medical and car repair costs if youre involved in a car accident, and the at-fault driver doesnt have insurance

If youre not sure which types of car insurance are best for you, the best option is to get a car insurance quote and talk to a New York car insurance expert who can help get you the coverage you need.

Average Cost Of Car Insurance In New York By Category

Cheap Car Insurance in New York
  • Clean driving record: $155 per month
  • After an at-fault accident: $242 per month
  • Driver with poor credit: $343 per month
  • Teen driver: $517 per month
  • After a DUI: $293 per month

The average cost of car insurance in New York is 154% higher than the national average auto insurance premium, and New York ranks 49 out of 50 for the most affordable car insurance rates in the U.S.. There are several factors that affect how much you’ll pay for car insurance in New York, including your driving record, age, location, the amount of coverage that you purchase, and the insurance company you buy it from.

Finally, it’s worth noting that car insurance premiums in New York are high, compared to the cost of coverage in neighboring states like New Jersey and Connecticut. You can find more details in the table below.

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Travelers: Most Coverage Options

J.D. Power regional rating: 844/1,000

AM Best financial strength score: A++

BBB rating: A

In addition to offering below-average rates to most drivers, Travelers had one of the strongest showings of any insurer in the New York region in the J.D. Power 2021 U.S. Auto Insurance StudySM. The company also offers a huge selection of policy add-ons.

New York drivers can choose from additional coverage like new car replacement, named non-owner coverage and rideshare coverage among many other options.

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Required Coverages In New York

Liability insurance covers bodily injury and property damage claims resulting from an accident that is primarily your fault. The limits in your policy are the maximum amounts your insurance company will pay for bodily injury and property damage claims.

New York’s Financial Responsibility law requires you maintain liability limits* of at least:

Cheapest Minimum Coverage Car Insurance In New York For 30

Who Has the Cheapest Auto Insurance Quotes in New York?

Drivers in New York who want their state’s minimum coverage can check with the following companies, which had the lowest average rates:

  • Main Street America: $618 per year, or about $52 per month.

  • Utica National: $635 per year, or about $53 per month.

  • Preferred Mutual: $649 per year, or about $54 per month.

  • Erie: $677 per year, or about $56 per month.

  • Geico: $720 per year, or about $60 per month.

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    New York Car Insurance Considerations

    New York is a state exposed to many harsh weather conditions, and the risks that drivers face range from hurricanes on Long Island, to Buffalos notorious ice storms. Damage from wind, falling trees and other natural disasters make comprehensive coverage a key consideration for New York residents.

    As is true of most states, auto insurance is a requirement in New York to drive legally. New York is a no-fault state, which means each driver files a claim with their own insurer following an accident, regardless of who is at-fault. Because of this, personal injury protection insurance is mandatory.

    How Much Is Car Insurance In Ny

    • Driving history, because a record of claims will likely increase your policy rate.
    • Zip code, since an area with more drivers, like New York City, can increase your risk of a car accident.
    • Car make, model and year because certain styles and newer cars can cost more to insure.

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    Cheapest Auto Insurance In New York For 20

    Drivers with poor credit in New York should look at the following insurers with the lowest average rates for minimum coverage:

  • Geico: $1,401 per year, or about $117 per month.

  • Utica National: $1,633 per year, or about $136 per month.

  • Chubb: $2,517 per year, or about $210 per month.

  • Erie: $2,583 per year, or about $215 per month.

  • Preferred Mutual: $2,665 per year, or about $222 per month.

  • Find The Best Rates For Car Insurance In New York

    How to Get the Best New York Commercial Auto Insurance

    Looking for the best car insurance in New York for both your car and your wallet? We’ve researched the top auto insurance companies in the state and found that Progressive, USAA, and Geico are among the most affordable options.

    To find cheap car insurance in New York, we recommend comparing quotes from multiple providers so you can get the best coverage and rates. In addition to the insurance company you choose, factors such as your age, vehicle make and model, and driving history can affect your car insurance premium. The best car insurance in New York for your neighbor might not be best for you.

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    Choosing The Right Car Insurance Company In New York City Ny

    With so many factors that determine car insurance price, it can be overwhelming to find a company that offers affordable protection and wont let you down when you need it the most.

    You want a company with experience and customer service that listens to your needs. When its time to file a claim, you expect your insurance company to make the process as seamless as possible.

    At Policygenius, we can help you see quotes from top companies, so you can choose one that meets all your needs.

    Compare rates and shop affordable car insurance today

    We don’t sell your information to third parties.

    Average Annual Minimum Coverage

    We know you love driving your CLK GTR Roadster, the most limited production that Mercedes-Benz ever built.

    Most times your Roadster is safely kept in your garage, and if you have State Farm Collector and Classic Car Insurance, thats exactly where the company wants to keep your car.

    To qualify for the Collector and Classic Car Insurance, your vehicle needs to be between 10 to 24 years old or over 25 years old and hold some sort of historic interest.

    We chose State Farm for classic cars because the insurance company offers fairly competitive rates and coverage options for classic cars.

    Also, pricing is based on usage.

    If you only take your car for a spin now and then, the pricing based on usage will give you a very enticing discount.

    State Farm Average Cost of Standard Car Insurance Policy in NY

    Region

    Travelers standard auto insurance has high marks for customer satisfaction and affordability.

    But what makes it unique? Well, its optional features.

    Sure, your premium will go up, but these two options seem necessary when you hit the road.

    The optional Responsible Driver Plan features accident forgiveness or minor violation forgiveness.

    The optional Premium New Car Replacement is a top-notch add-on.

    Basically, if you have an accident and your car is totaled in the first five years you own it, Travelers will give you a brand-new model of the same make.

    Travelers Average Cost of Standard Car Insurance Policy in NY

    Region

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    Its All About You We Want To Help You Make The Right Car Insurance Coverage Choices

    Advertiser Disclosure: We strive to help you make confident car insurance decisions. Comparison shopping should be easy. We are not affiliated with any one car insurance company and cannot guarantee quotes from any single company.

    Our car insurance industry partnerships dont influence our content. Our opinions are our own. To compare quotes from many different car insurance companies please enter your ZIP code on this page to use the free quote tool. The more quotes you compare, the more chances to save.

    Editorial Guidelines: We are a free online resource for anyone interested in learning more about auto insurance. Our goal is to be an objective, third-party resource for everything auto insurance related. We update our site regularly, and all content is reviewed by auto insurance experts.

    • Infinity Property & Casualty Corporation was established in December 2002
    • With over 450 offices and more than 25,000 employees, Progressive has an A+ rating from A.M. Best
    • Amica Mutual Group has been selling car insurance since 1907

    Buying car insurance in the state of New York requires time and effort. Although there are many car insurance companies that offer coverage in this state, only a few of them provide quality products at affordable rates.

    Before you make a decision, do your homework and search for information about the insurance carriers you are interested in.

    Minimum Liability Insurance Requirements In New York

    Who Has the Cheapest Auto Insurance Quotes in New York?

    Each state has minimum liability insurance requirements. Here are the minimum requirements for New York:

    • $10,000 for property damage
    • $25,000 for bodily injury to a single person
    • $50,000 for the death of a single person
    • $50,000 for bodily injury per accident
    • $100,000 for the deaths per accident

    Note that these are the state’s legal minimums. Experts strongly recommend you consider higher limits and additional coverage.

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    Comprehensive And Collision Coverage

    Comprehension and collision coverage are typically bundled together and have the same coverage limits.

    Collision coverage is when your car runs into another car, an animal, and lampposts, to name a few.

    Comprehensive coverage protects you from collision claims and nearly anything that happens to your car, such as if its stolen or if a tree falls on it and damages it, or if there are theft or weather incidents.

    While this doesnt apply to New Yorkers, comprehensive coverage also covers your car if its carried off by a tornado or drowned in a flood.

    Cheapest Full Coverage Car Insurance In New York For 60

    Drivers in New York with clean driving records may want to think about getting quotes from these companies, which had the lowest average rates:

  • Main Street America: $1,048 per year, or about $87 per month.

  • Progressive: $1,254 per year, or about $104 per month.

  • Erie: $1,356 per year, or about $113 per month.

  • Preferred Mutual: $1,448 per year, or about $121 per month.

  • Geico: $1,805 per year, or about $150 per month.

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    Cheapest Auto Insurance In New York For 60

    Drivers with poor credit in New York can look at the following companies with the lowest average rates for full coverage:

  • Utica National: $2,032 per year, or about $169 per month.

  • Geico: $2,235 per year, or about $186 per month.

  • Chubb: $2,516 per year, or about $210 per month.

  • Erie: $2,704 per year, or about $225 per month.

  • Preferred Mutual: $2,785 per year, or about $232 per month.

  • Find The Best Car Insurance Companies In New York City Ny

    Cheapest Car Insurance in New York â How to Get the Best Auto Insurance Rate

    To register a car and get a New York plate, you need car insurance. Whether you want the bare minimum coverage, maximum protection or something in between, its important to find the right insurer. The New York Daily News has partnered with ConsumerAffairs to create by comparing consumer reviews and local availability of 16 businesses and choosing five favorites from the top car insurance companies in New York City.

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