Candace Baker, Car Insurance Writer
@candacebaker
Car insurance in New York costs $143 per month or $1,719 per year for minimum coverage, on average. The cheapest car insurance companies in New York are USAA, Nodak Mutual, and North Star, and getting quotes from several companies can help you find the best deal.
The average cost of car insurance in New York is 43% lower than the national average auto insurance premium. There are several factors that affect how much you'll pay for car insurance in New York, including your driving record, age and location, the amount of coverage you purchase, and the insurance company you buy it from.
Average Cost of Car Insurance in New York by Category
- After an at-fault accident: $456 per month
- Driver with poor credit: $323 per month
- Teen driver: $475 per month
- After a DUI: $241 per month
Average Cost of Car Insurance in New York by Company
Company | Minimum Coverage | Full Coverage |
$1,616 per year | $3,402 per year | |
$1,527 per year | $4,110 per year | |
$1,123 per year | $2,589 per year | |
$3,012 per year | $5,801 per year | |
$784 per year | $2,075 per year | |
$1,988 per year | $4,912 per year | |
$852 per year | $1,679 per year | |
$1,591 per year | $2,931 per year | |
$1,871 per year | $3,588 per year | |
$872 per year | $2,293 per year |
Note: Rates are an approximation based on a 45-year-old man in New York with a clean driving record. Actual rates will vary.
Average Cost of Car Insurance in New York by Age
Age | Average Premium |
$5,701 per year | |
$5,486 per year | |
$5,039 per year | |
$3,954 per year | |
$3,651 per year | |
$2,771 per year | |
$2,599 per year | |
$2,381 per year | |
$2,277 per year | |
$1,983 per year | |
$1,754 per year | |
$1,719 per year | |
$1,642 per year | |
$1,768 per year |
Note: Rates are an approximation based on a driver in New York with minimum coverage and a clean driving record. Actual rates will vary.
How to Lower the Cost of Car Insurance in New York
- Shop around and compare quotes. We recommend comparing quotes from at least three different insurance companies to make sure you are getting the best rate.
- Choose a higher deductible. Your deductible is the amount you have to pay out of pocket before your insurance kicks in. Choosing a higher deductible can lower your premiums but means you will have to pay more out-of-pocket when you file a claim.
- Consider lowering your coverage. Consider purchasing only the minimum amount of coverage required by your state, rather than purchasing higher limits or a full coverage policy.
- Look for discounts you may be eligible for. For instance, most insurance companies offer a good-driver discount for customers with a clean driving record, a good-student discount, or a discount for paying your premiums in full up front.
To learn more, check out our guide to how much car insurance you need in New York as well as our picks for the cheapest car insurance companies in New York.
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