Cheap Car Insurance in New York

Cheap Car Insurance in New York

It is mandatory to get car insurance in New York for drivers to drive legally in the state. Different companies in New York provide car insurance at different rates. According to data gathered by MyMoneyMyQuotes following are the cheap car insurance providers that offer car insurance at affordable rates in New York:

Name of the Company    Average annual car insurance premiums    
Erie $1235
Travelers $1549
MetLife $1609
Hanover $1900
Safeco $1932
USAA $1935
Allstate $2236
Preferred Mutual $2270
State Farm $2385
Progressive $2406
GEICO $2415
Metropolitan $2572
New York Central Mutual $2740
Mercury $2790
Utica National $3039
Liberty Mutual $3079
Encompass $3215
Nationwide $4293
21st Century $5648

Cheap car insurance in New York for good drivers 

Car insurance companies may charge high car insurance premiums from drivers in New York with histories of speeding tickets, at-fault accidents, or DUI citations. Car insurance companies in New York provide discounts on car insurance premiums to those who have a good driving history but discount rates vary from company to company. You can save money on a car insurance policy in New York by maintaining a good driving record. Most auto insurance companies in New York provide a 5-10% good driver discount to those having a good driving history without violations.

  • Drivers with no traffic ticket may save $217 on car insurance premiums in New York.
  •  Drivers may save $502 on car insurance premiums if they have an accident-free record in New York.
  •  By maintaining a good credit history you may save $1436 on car insurance premiums in New York. 

Cheap car insurance for inexperienced drivers in New York

Most auto insurance providers may charge high auto insurance premiums in New York from young or inexperienced drivers because inexperienced drivers are riskier for auto insurance companies than experienced drivers.  Auto insurance premiums in New York vary according to the age of the drivers. Some companies charge high auto insurance costs from young drivers in New York. 

Age Average annual auto insurance premiums with parents Average annual auto insurance premiums for young drivers alone
16 $6920 $5375
17 $6420 $5548
18 $6586 $4514
19 $5606 $3373

Affordable auto insurance in New York for high-risk drivers

Car insurance companies in New York charge high auto insurance premiums from those drivers who have a bad driving history as compared to the drivers those who have no at-fault accidents, speeding tickets, or DUIs. Drivers with a good driving record in New York can save money on auto insurance policies because auto insurance companies check the driving record of the past 3 to 5 years to decide the car insurance cost. Drivers with a good driving history in New York may get discounts on car insurance policies.

Rating factor Average annual car insurance premium     
At-Fault Accident $1945
DUI $2233
Speeding Violation $1660
Bad Credit $2880

Best car insurance companies in New York

Car insurance prices in New York may vary from company to company. Some companies in New York charge lower car insurance premiums than others. To get the best auto insurance policy in New York you should check the reputation and services of the insurance companies because finding affordable car insurance policy is not just enough. You can find the best auto insurance company in New York by comparing car insurance quotes from different car insurance providers. According to the data gathered by the MyMoneyMyQuotes following are the best car insurance providers in New York:

  1. 21st Century
  2. Allstate
  3. Amica
  4. Central Mutual
  5. Erie
  6. GEICO
  7. Liberty Mutual
  8. Mercury
  9. MetLife
  10. Nationwide
  11. New York Central Mutual
  12. Progressive
  13. Safeco
  14. State Farm
  15. USAA

What auto insurance coverage is mandatory to purchase for drivers in New York?

The average annual cost to get the minimum required coverage in New York may be around $865.  The minimum required coverage for drivers in New York to drive legally in the state is:

Coverage type Coverage limit    
Bodily injury coverage per person $25000
Bodily injury per accident $50000
Property damage per accident $10000

 The state minimum auto insurance requirements in New York

The state minimum auto insurance coverage requirement in New York is liability coverage.

  1. $25000 bodily injury coverage per person is required in New York.
  2. $50000 bodily injury coverage per accident is required in New York.
  3. $10000 property damage coverage per accident is required in New York.

Other types of optional coverages in New York are:

  1. Comprehensive
  2. Collision
  3. Roadside Assistance
  4. Loan/Lease Payoff
  5. Rental Car Reimbursement
  6. Medical Payments
  7. Supplemental Uninsured/Underinsured Motorist Bodily Injury (SUM)
  8. Additional Personal Injury Protection (APIP)
  9. Optional Basic Economic Loss (OBEL)

Fine for driving without car insurance in New York

If anyone caught driving without a car insurance policy in New York then police may charge a fine.

Car insurance prices by cities in New York

Car insurance premiums in New York may vary from city to city. In some cities of New York, car insurance prices are high compared to others. Drivers in New York are required to get PIP coverage so the cost to get auto insurance in New York is high.

City Average annual insurance premiums           
Hempstead $3138
New York $3009
Freeport $2907
Mount Vernon $2529
Brentwood $2523
Levittown $2223
Yonkers $2378
West Babylon $2376
Hicksville $2310
Coram $2133
New Rochelle $2010
White Plains $1936
Buffalo $1706
Niagara Falls $1480
Syracuse $1422
Utica $1420
Cheektowaga $1393
Tonawanda $1364
Albany $1335
Schenectady $1330
Troy $1307
Rochester $1304
Binghamton $1228
Irondequoit $1223

If you are looking for a car insurance deal in New York, you can compare car insurance quotes provided for free by MyMoneyMyQuotes.com to get yourself the best possible deal.

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