Cheap Car Insurance Quotes in New York Starting at $127 (2024)

The average cost of car insurance in New York is $158 per month, which exceeds the national average of $160. Your location affects how much you pay for coverage. Drivers in densely populated areas, like Manhattan and Brooklyn, pay expensive premiums due to increased risks of car accidents and vehicle theft.

Additionally, New York faces severe winter storms, which may explain why drivers see such high rates throughout the state. Comparing quotes from multiple insurers can help you find affordable coverage.

Here’s what you need to know about finding cheap car insurance in New York.

Cheapest car insurance companies in New York

The best car insurance options don’t necessarily come with the lowest rates available for you. When it comes time to buy a car insurance policy, you need to consider more than just price. It’s always a good idea to consider other factors, like the company’s reputation regarding customer experience, customer service, and financial stability.

You also want to ensure you choose an auto insurance company that can offer you the right type and amount of coverage. The table below highlights a few of the best car insurance companies in New York that excel in a few different categories and offer competitive rates.

Best insurer for cheap rates: Safeco

Best insurer for military members and families: USAA

Best insurer for discounts: Progressive

How to get the cheapest car insurance in New York

The following tips can help you earn cheaper car insurance premiums in New York:

• Buy a cheaper car. Opt for a budget-friendly vehicle to avoid overspending on both the car itself and its insurance. Non-luxury cars tend to have lower service and repair costs, which leads to cheaper insurance claims and more affordable policy rates.

• Ask for discounts. Don’t forget about potential discounts when talking to insurance agents. Many companies offer discounts for completing defensive driving courses, opting for paperless communication, bundling insurance products, maintaining good academic records, or having multiple drivers in the family.

• Compare a few quotes. Taking the time to research and compare quotes from different auto insurance companies can help you find the cheapest options. By doing so, you can identify the policy that aligns perfectly with your financial plan and coverage requirements, ensuring you get the best value for your money.

Cheapest liability-only car insurance in New York: CSAA

In New York, having liability car insurance is a legal requirement. This policy type offers coverage for the other driver’s injuries and property damage in accidents you cause. However, it doesn’t cover your vehicle repairs or medical expenses.^[2] Liability-only coverage makes the most sense for drivers of old or inexpensive vehicles.

On average, CSAA offers the cheapest liability-only car insurance policy in New York, at $127 per month. For more average monthly quotes from New York car insurance companies, check out the following table.

Cheapest full-coverage car insurance in New York: Safeco

Liability-only and full-coverage car insurance policies provide different levels of protection. A full-coverage policy covers not only others but also your own vehicle after theft, accidents, and more. If you own a new or expensive car, you should consider opting for full coverage.

Your lender will likely require you to have full-coverage insurance if you finance or lease your car. Safeco offers the cheapest average full-coverage car insurance policy in New York. On average, full-coverage insurance in New York costs $167 per month.

Below, you can compare average monthly full-coverage quotes from New York insurance companies.

Car insurance requirements in New York

If you fail to meet the minimum coverage requirements mandated by New York law, the Department of Motor Vehicles (DMV) can suspend your driver’s license and vehicle registration. Here are the specific insurance requirements in the state:^[3]

While it’s mandatory to meet the minimum coverage requirements set by the state, you should also consider purchasing additional auto insurance coverages. Common options include the following:

• 

  Comprehensive coverage

  Comprehensive coverage pays for damages from non-collision events, like fire, vandalism, theft, falling objects, and natural disasters.

• 

  Gap coverage

  If you finance or lease your vehicle, you should consider buying gap insurance. It covers the difference between your auto loan balance and the insurance payout if someone steals your vehicle or you total your car.

• 

  Collision coverage

  Collision coverage pays for damages incurred in collisions, regardless of fault. It applies to accidents involving other vehicles or objects.

• 

  Glass protection

  Glass coverage covers damages to your windshield and other glass parts of the vehicle. Some policies even offer a deductible-free option for this coverage type.

Cheapest car insurance for drivers with an incident

Having a clean driving record is one of the best ways to secure cheap car insurance in New York. Driving incidents like at-fault accidents, speeding tickets, and driving under the influence (DUI) charges can all cause your car insurance premium to increase.^[4] New York drivers with a past incident on their record pay $175 per month for car insurance, on average.

Car insurance companies see a history of these incidents on your driving record as an indicator of an increased risk of claims filing. Practicing safe driving habits can help you maintain a clean driving record and earn competitive rates.

Cheapest car insurance for drivers with a speeding ticket: CSAA

Driving above the speed limit can lead to dangerous accidents. If you have one or more speeding tickets on your driving record, insurers may assume you don’t practice safe driving habits and charge you higher average rates. The overall average cost of car insurance for New York drivers with a speeding ticket is $175 per month.

This table highlights the average quotes for drivers with speeding tickets in New York.

Cheapest car insurance for drivers with an at-fault accident: CSAA

Insurance companies view people with at-fault accidents on their records as high-risk drivers. The exact premium increase you experience after an accident will depend on the severity of the incident and how much your insurer paid out in claims. On average, New York drivers with a past at-fault accident pay $184 per month for car insurance.

Here are the average car insurance quotes from New York insurers for drivers with an at-fault car accident on their records.

Cheapest car insurance for drivers with a DUI: CSAA

A DUI is one of the most severe driving violations. As a result, you can expect to see a significant increase in your car insurance rates if you have a DUI on your driving record. You may have to do a lot of research to find affordable car insurance from a company that will offer coverage to drivers with a past DUI.

New York drivers with a past DUI pay an average of $215 per month for auto coverage. Review the following table to get an idea of which car insurance companies charge the least on average for New York drivers with a DUI on their record.

Cheapest car insurance for seniors: CSAA

Your age plays a role in insurance pricing. Car insurance rates typically decrease around age 35 due to increased driving experience and reduced risk-taking behavior among mature adults. And middle-aged drivers often earn the cheapest premiums by driver age.

Rates tend to increase for drivers around age 70 because older drivers may face declining cognitive and physical abilities, which can increase the likelihood of accidents, prompting insurers to adjust premiums to reflect the associated higher risks.

On average, senior drivers in New York pay $128 per month for car insurance. The table below has average insurance quotes for senior drivers in the state of New York.

Cheapest car insurance for teens: CSAA

Because teenagers have limited driving experience, they tend to get in more car accidents than older drivers. To help offset the risk of insuring them, car insurance companies typically charge young drivers the highest rates for car insurance until they demonstrate safe driving habits.

The overall average cost of car insurance for teen drivers in New York is $284 per month. To help lower costs, teens can look into earning good student or safety feature discounts. Joining their parents’ existing car insurance policy can also qualify the family for a multi-policy discount.^[5]

Here are the cheapest car insurance companies for teen drivers in the state.

New York car insurance quotes by credit tier

In some states, including New York, insurers can consider your credit-based insurance score when determining car insurance premiums. Having excellent or good credit indicates to car insurance companies that you’re less likely to file future claims. As a result, people with poor credit can expect to pay higher car insurance rates.^[6]

In general, maintaining a strong credit history can help you save money on a wide variety of insurance products and other financial products. Here are average full-coverage rates for New York drivers by credit tier.

New York car insurance FAQs

Insurify data scientists analyzed more than 90 million quotes served to car insurance applicants in Insurify’s proprietary database to calculate the premium averages displayed on this page. These premiums are real quotes that come directly from Insurify’s 50+ partner insurance companies in all 50 states and Washington, D.C. Quote averages represent the median price for a quote across the given coverage level, driver subset, and geographic area.

Unless otherwise specified, quoted rates reflect the average cost for drivers between 20 and 70 years old with a clean driving record and average or better credit (a credit score of 600 or higher).

Liability-only premium averages correspond to policies with the following coverage limits:

• Bodily injury limits between state-minimum rates and $50,000 per person, $100,000 per accident
• Property damage limits between $10,000 and $50,000
• No additional coverage

Full-coverage premium averages correspond to the same bodily injury and property damage limits in addition to:

• Comprehensive coverage with a $1,000 deductible
• Collision coverage with a $1,000 deductible

Quotes for Allstate, Farmers, GEICO, State Farm, and USAA are estimates based on Quadrant Information Services’ database of auto insurance rates.

1. NOLO. "New York Car Accident Laws."
2. Insurance Information Institute. "Auto insurance basics—understanding your coverage."
3. New York Department of Financial Services. "Minimum Auto Insurance Requirements."
4. Insurance Information Institute. "What determines the price of an auto insurance policy?."
5. Insurance Information Institute. "How to save money on car insurance."
6. Experian. "Which States Restrict the Use of Credit Scores in Determining Insurance Rates?."

During college, Jacqueline DeMarco interned at a retirement plan advisory firm and was tasked with creating a presentation on the importance of financial wellness. During her research into how money can affect our health, relationships and career, Jacqueline realized just how important financial education is. Jacqueline is a contributor for Insurify and has worked with more than a dozen financial brands, including LendingTree, Capital One, Credit Karma, Fundera, Chime, Bankrate, Student Loan Hero, ValuePenguin, SoFi, and Northwestern Mutual, providing thoughtful content to give readers insight into complex topics that they likely didn’t learn in school.