In the state of New York, there are 242,769 miles of road available for driving. We are here to assist you in obtaining the most suitable and cost-effective insurance coverage before you hit the road. The average annual car insurance premium in New York stands at $1,600, which is 5% higher than the national average. Various factors influence car insurance rates beyond just your location, such as age and driving record. Our team at The Zebra has carefully examined the average car insurance rates in New York based on these criteria to aid you in securing an affordable policy.
In today’s economic climate, it is common for individuals to seek out opportunities to cut costs. Our analysis involved comparing the standard rates offered by eight top affordable auto insurance providers in order to identify the most cost-effective options available to different types of drivers in New York state. Continue reading to discover the breakdown of auto insurance costs in New York according to these variables, or enter your ZIP code above to access customized quotes from leading insurers.
The best car insurance companies in New York
The top car insurance companies in New York are as follows:
- 1st Place: USAA
USAA, in addition to leading The Zebra’s Customer Satisfaction Survey, achieved a score of 868 out of 1,000 in J.D. Power’s 2021 U.S. Auto Insurance Study for New York. - 2nd Place: State Farm
State Farm secured the top position on J.D. Power’s list of highest-ranking auto insurance carriers in New York for two consecutive years. - 3rd Place: Travelers
Travelers Insurance earned second place in New York according to J.D. Power’s 2021 Auto Insurance Study and received a rating of 4.3 out of 5 stars in The Zebra’s Customer Satisfaction Survey.
Discovering Affordable Auto Insurance in New York
Finding affordable car insurance in New York should not be an overwhelming task. Our assessment of various companies in New York has enabled us to identify the most cost-effective options available.
Affordable car insurance in New York for responsible drivers
Among the companies we reviewed, New York Central Mutual Fire (NYCM) and USAA emerge as the most affordable car insurance options for good drivers in New York:
1. New York Central Mutual Fire (NYCM): With an average annual car insurance cost of $2,986 for good drivers.
2. USAA: Offering competitive rates with an average annual cost of $3,556 for good drivers.
Here’s how they compare to other insurers in New York:
– Geico: Average annual cost of $3,644.
– Erie: Average annual cost of $3,788.
It’s evident that NYCM and USAA provide particularly budget-friendly options for good drivers in New York when compared to the state average annual cost of car insurance, which stands at $4,769.
Affordable Auto Insurance in New York for Drivers With a Speeding Violation
In New York, receiving a speeding ticket can lead to a 16% increase in car insurance premiums. The specific rate hike will vary depending on the insurance provider. Despite the rise in rates, it is advisable to compare quotes to secure the most competitive car insurance policy.
In the state of New York, being issued a speeding ticket can result in a 16% surge in car insurance costs. The precise percentage increase will be determined by the insurance company. Despite the higher premiums, it is recommended to obtain quotes from various insurers to find the best car insurance deal available.
Among the insurers analyzed, New York Central Mutual Fire (NYCM) and USAA are the most affordable options for drivers with a speeding ticket in New York:
1. New York Central Mutual Fire (NYCM): Offering an average annual car insurance cost of $3,386 for drivers with a speeding ticket.
2. USAA: Providing competitive rates with an average annual cost of $4,038 for drivers with a speeding ticket.
Here’s how they compare to other insurers in New York for drivers with a speeding ticket:
– Erie: Average annual cost of $4,180.
– Sterling Insurance: Average annual cost of $3,788.
Despite the potential increase in insurance rates due to a speeding ticket, comparing quotes from these insurers can help you find the most suitable and affordable car insurance coverage for your needs.
Affordable car insurance in New York for drivers involved in an accident resulting in injury
Our analysis revealed that if you are responsible for a car crash resulting in an injury, it may be challenging to find affordable car insurance. However, among the companies we examined, New York Central Mutual Fire (NYCM) and USAA appear to offer the most competitive prices in such cases.
Among the insurers analyzed, New York Central Mutual Fire (NYCM) and USAA stand out as the most affordable options for drivers who caused an accident with injury in New York:
1. New York Central Mutual Fire (NYCM): Offers an average annual car insurance cost of $3,386 for drivers involved in an accident with injury.
2. USAA*: Provides competitive rates with an average annual cost of $3,878 for drivers involved in an accident with injury.
Here’s how they compare to other insurers in New York for drivers involved in an accident with injury:
– Geico: Average annual cost of $4,649.
– Erie: Average annual cost of $4,827.
Despite the potentially higher insurance rates resulting from being involved in an accident with injury, comparing quotes from these insurers can help you find the most affordable car insurance coverage that meets your needs.
Affordable car insurance options in New York for drivers with a DUI
Car insurance premiums in New York typically increase by an average of 80% for individuals with a DUI conviction on their record. Despite this, it’s still worthwhile to compare car insurance quotes to find more favorable rates.
Among the insurers we reviewed, New York Central Mutual Fire (NYCM) and USAA offer the most affordable car insurance rates for drivers with a DUI conviction in New York:
1. New York Central Mutual Fire (NYCM): Providing an average annual car insurance cost of $3,810 for drivers with a DUI.
2. USAA*: Offering competitive rates with an average annual cost of $5,167 for drivers with a DUI.
Here’s how they compare to other insurers in New York for drivers with a DUI:
– Erie: Average annual cost of $5,923.
– Allstate: Average annual cost of $6,457.
Despite the significant increase in insurance rates due to a DUI conviction, comparing quotes from these insurers can help individuals find the most affordable car insurance coverage available to them.
Affordable New York Auto Insurance for Drivers With Bad Credit
If you have a low credit score, you may find that New York auto insurance companies typically impose higher rates. On average, individuals with poor credit in New York pay approximately 78% more for their auto insurance. However, if you are seeking affordable options for auto insurance in New York despite having bad credit, you might consider New York Central Mutual Fire (NYCM) and USAA as potential choices.
For drivers with poor credit in New York, Geico offers the most affordable car insurance rates among the insurers analyzed:
1. Geico: Providing an average annual car insurance cost of $4,157 for drivers with poor credit.
2. Utica National: Offering rates with an average annual cost of $5,278.
3. Chubb: With an average annual cost of $5,729.
4. USAA*: Providing rates with an average annual cost of $6,733.
The state average for car insurance rates for drivers with poor credit in New York stands at $8,500 annually. Comparing quotes from these insurers can help individuals find the most cost-effective car insurance coverage available to them.
Affordable New York auto insurance for including a teenage driver
Including a teenager in your car insurance policy can lead to a 75% increase in rates in New York, as opposed to rates for a married couple without a teenage driver.
Consider obtaining estimates from 21st Century and New York Central Mutual Fire if you are seeking affordable car insurance for teenagers in New York.
Here’s the breakdown of the average annual car insurance costs for two parents and for parents plus a 16-year-old teen, along with the average percentage increase for adding a 16-year-old teen driver, among the insurers analyzed in New York:
– 21st Century:
– Two parents: $8,354
– Parents plus a 16-year-old teen: $8,960
– Average % increase: 7%
– New York Central Mutual Fire (NYCM):
– Two parents: $2,736
– Parents plus a 16-year-old teen: $3,559
– Average % increase: 30%
– Geico:
– Two parents: $3,735
– Parents plus a 16-year-old teen: $4,923
– Average % increase: 32%
– Sterling:
– Two parents: $3,439
– Parents plus a 16-year-old teen: $4,632
– Average % increase: 35%
The state average for two parents’ car insurance is $4,320, while for parents plus a 16-year-old teen, it’s $7,551, resulting in an average percentage increase of 75%. Comparing quotes from these insurers can help families find the most suitable and cost-effective car insurance coverage for their needs.
Affordable car insurance in New York for young drivers aged 18 to 25
Buying your own car insurance can indeed be a significant step into adulthood, often accompanied by substantial costs. Our analysis indicates that Main Street America and Progressive stand out as the providers offering the most affordable car insurance options for young drivers in New York.
Among the insurers analyzed, Main Street America and Progressive offer the most affordable car insurance rates for young drivers in New York:
1. Main Street America: Providing an average annual car insurance cost of $3,964 for young drivers.
2. Progressive: Offering rates with an average annual cost of $4,068 for young drivers.
Here’s how they compare to other insurers in New York for young drivers:
– Geico: Average annual cost of $4,127.
– Allstate: Average annual cost of $4,575.
The state average for car insurance rates for young drivers in New York is $4,183 annually. Comparing quotes from these insurers can help young drivers find the most cost-effective car insurance coverage available to them.
Affordable car insurance for senior drivers aged 60-80 in New York
Geico and Progressive provide top car insurance options for elderly individuals seeking affordable rates in New York. Senior drivers should inquire about potential discounts available for completing a defensive driving course.
For drivers aged 60, 70, and 80 in New York, Geico and Progressive offer the most affordable car insurance rates:
1. Geico: Providing an average annual car insurance cost of $2,285 for drivers aged 60, 70, and 80.
2. Progressive: Offering rates with an average annual cost of $2,443 for drivers in the same age range.
Here’s how they compare to other insurers in New York for drivers aged 60, 70, and 80:
– Main Street America: Average annual cost of $2,841.
– Allstate: Average annual cost of $2,896.
The state average for car insurance rates for drivers in this age group in New York is $2,616 annually. Comparing quotes from these insurers can help drivers find the most cost-effective car insurance coverage tailored to their specific needs and age group.
New York Car Insurance Discounts that are Mandatory
In New York, car insurance companies are obligated to provide certain discounts and disclose them to policyholders:
1. Anti-lock brakes discount: Insurers must offer a discount for vehicles equipped with factory-installed anti-lock brakes.
2. Anti-theft device discount: Car insurance policies in New York must include a discount for vehicles equipped with anti-theft and recovery devices.
3. Previous damage discount: New York mandates lower rates for vehicles with prior damage that would result in reduced payment for a physical damage claim.
4. Window glass etching discount: Insurers are required to offer a discount for vehicles with VIN or identifying symbol etched in window glass.
5. Daytime running lamps discount: Insurance companies must provide lower rates for vehicles equipped with daytime running lamps.
6. Defensive driving course discount: Drivers who complete a defensive driving course are eligible for a discount, valid for three years. Approved classroom course providers listed by the Department of Motor Vehicles offer courses covering topics like driver attitude, traffic laws, and defensive driving techniques, totaling 320 minutes over one or more sessions.
Vehicles with the Least Expensive Insurance in New York
Comparing car insurance costs before purchasing a vehicle can lead to significant savings. In New York, the Jeep Wrangler JL Sport, Subaru Crosstrek, and Subaru Forester 2.5i are among the cheapest vehicles to insure based on average annual premiums for the top-selling models. Here’s a list of the 20 cheapest cars to insure in New York:
1. Jeep Wrangler JL Sport: $1,793
2. Subaru Crosstrek: $1,804
3. Subaru Forester 2.5i: $1,808
4. Honda CR-V LX: $1,814
5. Volkswagen Tiguan SE: $1,893
6. Ford Escape S: $1,905
7. Hyundai Tucson SE: $1,913
8. Chevrolet Equinox L: $1,916
9. Ford F-150 XL: $1,924
10. Toyota Tacoma SR: $1,926
11. Jeep Compass Latitude: $1,937
12. Chevrolet Trax LS: $1,938
13. Toyota RAV4 LE: $1,950
14. Chevrolet Traverse LS: $1,967
15. Ford Edge SE: $1,967
16. Mazda CX-5 Grand Touring: $1,971
17. Subaru Outback 2.4I Limited XT: $1,972
18. Kia Sportage EX: $1,993
19. Toyota Highlander LE: $1,996
20. Chevrolet Colorado: $1,998
By comparing insurance costs between different vehicle models, you can potentially save a considerable amount on car insurance premiums.
Rates by city
Car insurance rates are determined by various factors, with the location of the vehicle being a significant consideration. The least expensive car insurance can be found in Horseheads North, New York, while the costliest is in Brooklyn, New York.
Car insurance price trends in New York
Over the past year, the average annual auto insurance costs in New York have seen a reduction of $93. On average, a typical driver in New York pays $1,600 per year for auto insurance. The trend in price changes has been relatively stable over the last four years, with premiums steadily decreasing since 2018. The most significant decrease was observed from 2015 to 2016, while the largest increase happened from 2016 to 2017. Premiums in New York have shown signs of stabilization in recent years.
Conclusion
Despite health and homeowner’s insurance being perceived as more crucial, owning an automobile necessitates having an insurance policy. Regardless of whether your state mandates auto insurance, it is essential as it can potentially save you a significant amount of money and frustration in the future. It is advisable to explore various options and compare car insurance rates to secure the necessary coverage at an affordable price.
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Finding affordable auto insurance in New York is essential for drivers looking to protect themselves and their vehicles without breaking the bank. With various insurers offering competitive rates and a range of coverage options, it’s crucial for individuals to explore their choices and compare quotes to secure the best possible deal. Whether it’s through well-known companies like Geico and Progressive or specialized providers like Main Street America, New Yorkers have access to options that cater to their specific needs and budgets. By taking the time to research and shop around, drivers can find the top affordable auto insurance coverage in New York in 2024, ensuring peace of mind on the road while saving money in the process.