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The cheapest liability car insurance rates in New York are $64/month ($766/year), and Progressive’s all-risk coverage is $108/month ($1,300/year).
New York State Auto Insurance Explained: What You Must Know
Contributor: Daniel Robinson Contributor: Daniel Robinson Author Daniel is a contributor to the Guides team and has written for numerous automotive news sites and marketing firms in the US, UK and Australia, specializing in auto finance and car care topics. Daniel is the go-to team authority on auto insurance, loans, warranty options, auto service and more. writer
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Editor: Rashawn Mitchner, Editor: Rashawn Mitchner Managing Editor Rashawn Mitchner is a Guide Team Editor with over 10 years of experience in personal finance, loans, insurance and warranty topics. senior editor
Our Guide team researched the top auto insurance providers across the country and checked policies, pricing, ratings and customer reviews. We then customized that list with the cheapest auto insurance providers in New York (which we’ll discuss below), along with the cheapest rates for various driver profiles in the state.
The Guide team is dedicated to providing reliable information to help you make the best decision about your vehicle insurance. Because consumers rely on us to provide objective and accurate information, we created a comprehensive rating system to rank the best auto insurance companies. We gathered data from dozens of auto insurance companies to rate the companies based on a variety of ranking factors. After 800 hours of research, the end result is an overall score for each provider, with the insurance company with the highest score at the top.
Our research shows that car insurance in New York is 50% more expensive than the national average. While finding affordable coverage can be a challenge, some providers still offer cheap auto insurance in the Empire State.
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Our picks for the cheapest auto insurance companies in New York State are Progressive, Geico, USAA, Travelers, and State Farm. These providers all offer affordable prices, a variety of coverage options, and great customer service.
*Our research team takes national factors into account when scoring providers. The provider rankings in this table are specific to New York auto insurance.
Since no two auto insurance companies are the same, we recommend that you contact multiple providers to find the cheapest New York auto insurance rates for your situation.
Auto insurance costs depend largely on the coverage you choose. Many auto insurance quotes include estimates for minimum liability and full auto coverage. While minimum liability is required, it’s worth considering a full-coverage auto insurance policy to be protected on the road.
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Based on our cost estimates, Progressive offers the cheapest liability insurance in New York at $64 per month and $766 per year. USAA, Geico, and NCYM Insurance are also good choices.
We also found that Progressive also offers the cheapest full car insurance in New York at $108 per month or $1,300 per year. Geico, USAA, Erie Insurance, and NYCM Insurance also offer affordable all-risk auto insurance for motorists.
Age, driving history and personal credit score can have a major impact on the cost of car insurance in New York. We’ve compared cheap car insurance estimates for New York drivers in these categories below.
Younger drivers tend to pay more for auto insurance than experienced older drivers. The table below shows the cheapest car insurance for young drivers in New York, along with estimated monthly and annual costs.
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Teen drivers in New York are paying top dollar for comprehensive insurance policies. Based on our research, 16-year-old drivers can find affordable car insurance with Progressive for an average cost of $4, $559 per year, or $380 per month. The average rate for a 16-year-old driver in the state is $7 per year, $995 or $666 per month.
We found that Geico offers the cheapest auto insurance estimate for a 17-year-old driver in New York at $4, $364 per year, or $364 per month. The average rate for a 17-year-old driver in the Empire State is estimated at $7, which works out to $217 per year or $601 per month.
Based on our research, Progressive tends to be the most affordable car insurance option for 18-year-old drivers in New York. Motorists pay an average of $3,758 per year or $313 per month for all-risk auto insurance with the company. The average rate for an 18-year-old driver is $6, which works out to $387 per year or $532 per month.
New York drivers in their early 20s may pay slightly lower auto insurance rates than teenage drivers. For 21-year-old drivers, Progressive offers the cheapest auto insurance policy estimates at an average of $2,075 per year or $173 per month. The average rate for a 21-year-old New York driver is estimated at $4,088 per year or $341 per month.
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On average, Progressive offers the cheapest auto insurance premiums for 25-year-old drivers at $1,432 per year or $119 per month. The average rate for a 25-year-old New York motorist is $3, or $156 per year or $263 per month.
In addition to age, several other factors can greatly affect the price you pay for an auto insurance policy. The following sections provide average costs for certain driving situations, such as car insurance prices if you were in an accident or recently drove while intoxicated.
A recent speeding ticket could cause your rate to go up. On average, drivers who receive speeding tickets in New York State pay $5 per year, $244 per year, or $437 per month for full coverage.
If you have a recent at-fault accident on your driving record, you may have to pay more for your car insurance. In New York, drivers who have been involved in recent accidents pay an average of $6 a year, $896 a year, or $775 a month for all-risk coverage.
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If you have a DUI on your driving record, you may have to pay more for car insurance. DUI drivers in New York pay an average of $7,409 per year or $617 per month for all-risk auto insurance.
New York is one of many states that allow insurance companies to use your credit score as a factor in premiums. New York drivers with poor credit scores pay an average of $9,595 a year or $800 a month for full-coverage auto insurance.
New York auto insurance companies offer motorists a variety of discounts and benefits to choose from. The table below compares auto insurance discounts from the top providers in the Empire State, which we discuss in further detail below.
*These are the standard auto insurance discounts offered by each company. Availability of discounts may vary by state, so you’ll want to check with an insurance agent to find out what auto insurance discounts you might be eligible for.
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New York motorists pay significantly more for auto insurance than most other states. That’s why taking advantage of auto insurance discounts is so important in the state. When you’re shopping for auto insurance, remember to look for the provider that offers the best discount for your situation. You can also check with your insurance agent to see if there are any discount opportunities you’ve missed.
New York’s cheapest car insurance company offers affordable coverage options and top-notch customer service. We provide more information on the cheapest providers in the Empire State below.
Progressive is our top choice for drivers in NYC because it tends to have the cheapest average rates. The insurer stands out for its price comparison tool and usage-based Snapshot® program, which allows drivers to save money based on good driving habits.
Geico provides affordable auto insurance premiums for New York drivers, especially those with bad credit. The company offers standard insurance options as well as options like mechanical breakdown coverage. Drivers can take advantage of Geico’s many auto insurance discounts, including savings for military and elite students.
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USAA applies only to military members, veterans and their families. But if you qualify for coverage with this company, you’ll likely find some of the lowest priced car insurance in New York. With plenty of discount options, like premium driver discounts and discounts on anti-theft devices, as well as helpful add-ons like roadside assistance and rental car reimbursements, USAA can be a smart choice for those who qualify for coverage.
In addition to offering below-average rates for most drivers, Travelers was one of the strongest performing insurers in the New York area in J.D. Power’s 2021 U.S. auto insurance study. The company also offers a large selection of riders.
New York drivers have options for additional coverage, such as new vehicle replacement, non-owner coverage, and carpool coverage, among others.
State Farm is another affordable auto insurance option in New York State. Young drivers can take advantage of one of the largest student discounts in the industry and the Steer Clear® app, which helps young drivers improve their road skills. senior policyholders
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