Cheap Car Insurance in New York for 2024

Here are CheapInsurance.com’s top picks for cheap car insurance in New York.

Auto insurance for New York drivers is some of the most expensive in the country. In fact, on average, New York is the third most expensive for minimum insurance coverage.

For full coverage car insurance in New York, you can expect to pay about $4,048 per year in New York. Minimum coverage will cost you an average of $1,062 annually.

With so many expensive auto insurance options available, it can be difficult to know where to begin when looking for the best car insurance providers. When looking for auto insurance, make sure to shop around, look at auto insurance quotes in New York, and search for a car insurance price that will suit you.

Big Apple Cruising: Updates & Insurance Insights for Car Insurance in New York 2024

Get ready to explore the bustling cityscapes and stunning countryside of New York with these key updates for car insurance in New York in 2024

New York Vehicle Code Changes:

• Increased minimum wage: Expect rising costs in NYC, Long Island, and Westchester, potentially impacting insurance rates. (Source: New York State Minimum Wage Law)
• ATV safety certificate age requirement raised: Riders under 14 now require a safety certificate and adult supervision on public land. (Source: New York Vehicle and Traffic Law Section 1259-l)
• No major changes to distracted driving laws: Existing prohibitions on texting and holding phones while driving remain in place. (Source: New York Vehicle and Traffic Law Section 375)

Remember: These are just highlights, and other changes may apply. Visit the New York Department of Motor Vehicles website for complete information. (Source: New York Department of Motor Vehicles)

Average Auto Insurance Rates in New York (2024):

(Sources: The Zebra, ValuePenguin)

Company	Full Coverage (NYC/LI/Westchester)	Minimum Coverage (NYC/LI/Westchester)	Full Coverage (Rest of NY)	Minimum Coverage (Rest of NY)
State Farm	$2,222	$708	$1,707	$392
GEICO	$2,080	$665	$1,622	$355
Progressive	$2,297	$723	$1,784	$340
Farmers	$2,346	$741	$1,833	$378
Liberty Mutual	$2,405	$775	$1,942	$407

Remember: Individual rates in New York can vary significantly based on factors like driving history, location, vehicle type, and desired coverage. Consider the high population density and potential traffic risks when comparing options.

Cheapest Minimum Liability Car Insurance in New York

The average cost of minimum coverage car insurance in New York is $90 per month, for a minimum liability policy.

According to our research, State Farm provides the cheapest minimum liability car insurance in New York with average monthly premiums of $69. Close second and third are Allstate and Geico with average premiums of $107 and $161 per month respectively.

Because of the high risk of accidents, theft, and vandalism in New York, the cost of car insurance is generally higher than in other states.

To compensate for higher risk, auto insurers often charge a higher premium. However, car insurance rates may be more or less than the state average based on factors like your driving history.

Provider	Average Monthly Price	Monthly Price in Kings County	Monthly Cost in Queens County	Monthly cost in New York County	Monthly cost in Suffolk County	Monthly cost in Bronx County
State Farm	$69	$54	$90	$85	$60	$55
Allstate	$107	$90	$110	$106	$120	$110
Geico	$161	$223	$148	$114	$109	$209
Travelers	$214	$237	$218	$201	$200	$216
Progressive	$225	$420	$195	$209	$137	$163

Key Point: How Do I Know What My Coverage Limit Is? Auto liability coverage limits are usually written out as three numbers, such as 25/50/25. In this example, you’ll have a $25,000 limit per person for bodily injury in an accident, a $50,000 total limit per accident for bodily injury, and a $25,000 limit per accident for property damage.

Cheap Full Coverage Car Insurance in New York

The average yearly cost of auto insurance in New York is $4,183 for full coverage or $349 per month.

New York has one of the most expensive car insurance for full coverage insurance in the country. However, it typically offers more protection and larger coverage limits.

According to our research, State Farm provides the cheapest full coverage auto insurance in New York with average monthly premiums of $162. Close second and third are Allstate and Geico with average premiums of $165 and $188 per month respectively.

Provider	Average Monthly Price	Monthly Price in Kings County	Monthly Cost in Queens County	Monthly cost in New York County	Monthly cost in Suffolk County	Monthly cost in Bronx County
State Farm	$162	$145	$201	$153	$167	$146
Allstate	$165	$180	$125	$185	$190	$146
Geico	$188	$302	$157	$116	$128	$235
Progressive	$261	$464	$218	$234	$156	$233
Travelers	$262	$283	$263	$246	$252	$266

Affordable Car Insurance for Good Drivers (Clean Driving Records) in New York

Some of the cheaper car insurance in New York will be available to you if you haven’t had any severe traffic violations in the last five years, such as speeding tickets, DUIs, or accidents. You might even be eligible for a safe driver discount.

New York drivers who successfully complete defensive driving courses may also be eligible for a discount on their car insurance premiums.

If you are a safe New York driver, the most affordable insurance for you will be through State Farm at an average monthly premium of $142.20. Allstate and Geico also offer very affordable rates with average premiums of $144 and $160 per month respectively.

Provider	Average Monthly Price	Monthly Price in Kings County	Monthly Cost in Queens County	Monthly cost in New York County	Monthly cost in Suffolk County	Monthly cost in Bronx County
State Farm	$142.20	$130	$185	$135	$135	$126
Allstate	$144	$165	$120	$160	$145	$130
Geico	$160	$264	$142	$103	$109	$182
Travelers	$235.60	$255	$230	$224	$227	$242
Progressive	$236.20	$433	$202	$216	$142	$188

Inexpensive Car Insurance for Bad Drivers (DUI, Traffic Ticket) in New York
State Farm has cheaper car insurance in New York for drivers with DUI violations or traffic fines. We also recommend obtaining quotes from Allstate and Travelers, which is the second and third most cost-effective option for bad drivers.
A high-risk driver is someone who is likely to file a claim in the future, according to most insurance providers. The following characteristics and past history play a role in the cost for high-risk auto insurance in New York:

• A speeding ticket on your driving record.
• At-fault accidents
• Living in a high-risk area
• Being a teen driver
• Poor credit score
• DUI/ DWI

The cheapest average monthly premium for full coverage car insurance in New York is $162 and if you are a “bad driver” it is $217. That is a difference of more than $55 for the same coverage, so stay away from traffic violations as far as possible.

Provider	Average Monthly Price	Monthly Price in Kings County	Monthly Cost in Queens County	Monthly cost in New York County	Monthly cost in Suffolk County	Monthly cost in Bronx County
State Farm	$217	$185	$201	$230	$225	$246
Allstate	$243	$245	$256	$233	$238	$242
Travelers	$267	$289	$323	N/A	$220	$236
Geico	$290	$250	$285	$250	$345	$320
Progressive	$317	$655	$221	$314	$208	$189

Cheap Car Insurance for Young Drivers in New York

Geico has inexpensive car insurance in New York for both full and minimum coverage for teen drivers. We also recommend obtaining auto insurance quotes from Progressive and Liberty Mutual, which are the second and third most cost-effective options for full or basic coverage.

Young drivers need to shop around for car insurance quotes in New York. Auto insurance costs might be high for first-time drivers, but as they become more experienced, rates tend to drop.

However, some car insurance companies offer discounts on a regular basis to young drivers, so it’s advisable to look at a variety of providers.

Discounts for student drivers training may be available to young drivers as well.

Provider	Average Monthly Price	Monthly Price in Kings County	Monthly Cost in Queens County	Monthly cost in New York County	Monthly cost in Suffolk County	Monthly cost in Bronx County
Geico	$406	$622	$400	$252	$244	$510
Progressive	$472	$606	$438	$474	$353	$489
Liberty Mutual	$783.67	N/A	N/A	$750	$672	$929
Esurance	$919	$1,189	$913	$715	$646	$1,131
Bristol West	$1,320	$1,417	$1,426	$1,126	$997	$1,634

Find Cheap Car Insurance in Other States

If you’re looking for cheap car insurance quotes or plans in other states, read our state insurance pages.

• Texas
• Florida
• California

Top Car Insurance Providers in New York

1. State Farm

State Farm is the largest insurance and financial services company based in the U.S. and was founded in 1922.

State Farm Mutual Automobile Insurance Firm, a mutual insurance company established in Bloomington, Illinois, is the group’s parent company.

Property and casualty (P&C) insurance is what State Farm is best known for. Life and health insurance, annuities, mutual funds, and banking products are also available through State Farm subsidiaries and affiliates.

In 2021, the firm was ranked 39th on the Fortune 500 list of the largest companies and boasted nearly $300 billion in assets.

Better Business Bureau (BBB) rating: A+

2.  Allstate

Allstate Insurance Company is a significant national provider of car, home, life, motorcycle, renters, and off-road insurance, among other products.

t is well-known in the vehicle insurance business for its long history and comprehensive coverage offerings.

The Allstate Corporation is headquartered in Northfield Township, Illinois. The corporation ranked 70th in the 2021 Fortune 500 list of the largest U.S. corporations by total revenue, at $44,791 billion.

Better Business Bureau (BBB) rating: A+

Geico

Geico (The Government Employees Insurance Company) is a private American auto insurance company with headquarters in Chevy Chase, Maryland.

After State Farm, Geico is the second-largest auto insurer in the U.S. As of 2017, Geico provides coverage for more than 24 million motor vehicles owned by more than 15 million policyholders. The corporation wrote about $37.4 billion in insurance premiums in 2021.

Better Business Bureau (BBB) rating: A+

4. Progressive

The Progressive Corporation is an American insurance company co-founded in 1937. It is headquartered in Mayfield Village, Ohio.

The company insures passenger vehicles, motorcycles, RVs, trailers, boats, PWC, and commercial vehicles. Progressive also provides home, life, pet, and other insurance through select companies.

With over 27 million customers, Progressive ranked 74th on the 2021 Fortune 500 list of the top American corporations.

Better Business Bureau (BBB) rating: N/A

5.  Travelers

The Travelers Companies, Inc., or Travelers, is an insurance firm based in the U.S. Through independent agents, they offer business property and liability insurance as well as personal and vehicle insurance.

Travelers is headquartered in New York City and has its largest office in Hartford, Connecticut. Every state in the U.S. has a Travelers field office, and their operations extend to the United Kingdom, Ireland, Singapore, China, Canada, and Brazil.

Travelers ranked 98th in the 2021 Fortune 500 list of the largest U.S. corporations with total revenue of $32 billion.

Better Business Bureau (BBB) rating: A

Car Insurance Costs in Different Parts of New York

Car insurance providers calculate your rate depending on a variety of factors, one of which is the vehicle’s location.

Here are the average annual prices for car insurance within some of the largest New York cities:

City	Annual Price
New York	$4,959
Rochester	$1,568
Buffalo	$2,292
Jamaica	$5,055
Flushing	$4,567
Yonkers	$2,972
Syracuse	$1,735
Astoria	$4,410
Albany	$1,655
Schenectady	$1,634
Total Average	$3,085

Tips for Choosing a Car Insurance Quote in New York

Minimum insurance requirements: A minimum amount of liability insurance coverage is required by law for New York drivers. This includes minimum coverage for bodily injury liability and property damage liability.

The minimum amount of liability coverage in the big apple is:

• $10,000 for property damage for a single accident
• $25,000 for bodily injury and $50,000 for death for a person involved in an accident
• $50,000 for bodily injury and $100,000 for death for two or more people in an accident

Understand the Insurance Types: Familiarizing yourself with the various types of insurance coverage on offer, and what each one does, will help you understand which type of insurance will best suit your circumstance.

Here are some of the popular insurance types that you should get to know:

• Collision
• Comprehensive
• Medical or personal injury protection
• Liability
• Uninsured/underinsured motorist

Be Prepared When Shopping for Insurance: When you start shopping for cheap auto insurance quote, it’s important to have the following information nearby, such as:

• VIN numbers for all your vehicles.
• Driver’s license numbers for all parties.
• Estimates on how many miles you drive annually on each vehicle.
• Copy of your current auto insurance policy if applicable.
• Estimates on your monthly and annual insurance premiums.

It’s also helpful to have a copy of your state’s insurance requirements when shopping for vehicle insurance.

New York Car Insurance FAQs

Am I required to carry car insurance in New York?

Yes. To register a vehicle in New York State, you must have automotive liability insurance issued by the state. The DMV may suspend your vehicle registration and driver’s license if you do not maintain car insurance.

Who are the affordable car insurance companies in New York?

We found that State Farm offers the lowest quotes for minimum coverage car insurance in New York. They charge an average of $69 monthly for minimum coverage. The cheapest full coverage car insurance is also from State Farm, with $162 per month.

How much does car insurance cost in New York?

On average, minimum coverage automobile insurance in New York costs $547 per year, or $90 per month, while full coverage costs around $168 per month or $1,769 per year.

What is the best car insurance in New York?

Knowing what you’re looking for the best pricing, the quickest customer service, a digital app, or specialty coverage can help you figure out which providers will best suit your needs. You may then compare vehicle insurance quotes from a few of these businesses to see which one is the best fit for you.

How much car insurance do I need in New York?

All drivers in New York are legally required to have an auto insurance policy with at least 25/50/10 in liability limits along with a host of additional coverages. The minimum coverage limits level of auto insurance coverage required by state law is:

• Bodily injury liability coverage: $25,000 per person, $50,000 per accident
• Property damage liability coverage: $10,000
• Uninsured motorist bodily injury coverage: $25,000 per person, $50,000 per accident