Delaney Simchuk, Car Insurance Writer
@delaney_simchuk
The largest car insurance companies in New York are GEICO, Allstate, and State Farm, according to the National Association of Insurance Commissioners. GEICO is the largest auto insurer in New York, with a market share of more than 29%, as well as one of the largest property and casualty insurers in the United States.
Top 10 Largest Car Insurance Companies in New York
Each of the 10 largest companies has an A- rating or higher from AM Best for its financial strength and ability to pay out claims.
In addition to the top 10 most popular car insurance companies in New York, there are locally based companies that are smaller but worth checking out. For instance, Utica National Insurance is a good car insurance company that’s based in New York.
To learn more, check out WalletHub’s guide to the best car insurance companies in New York.
People also ask
How much car insurance do I need in New York?
New York law requires you to have $25,000 in coverage for one person’s bodily injury or death, up to $50,000 total per accident, and $10,000 in coverage for other people’s property damage when you are at fault. New York also requires personal injury protection (PIP) and uninsured motorist insurance.
PIP covers medical expenses for you and your passengers after an accident. UM replaces the liability coverage an at-fault driver should’ve had.
How Much Car Insurance Drivers Need...
read full answer by Anamarie Waite, Car Insurance WriterHow much is car insurance in New York per month?
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...
read full answer by Candace Baker, Car Insurance WriterWhat car insurance discounts are available in New York?
You can get car insurance discounts in New York based on how you drive, the car you own, and your relationship with your insurance company. In New York, car insurance companies are allowed to consider factors like marital and residential status when setting premiums. That means there are also discounts available for being married or owning a home.
In New York, insurance companies cannot use your education or occupation to determine rates. That means you...
read full answer by Anamarie Waite, Car Insurance WriterDid we answer your question?
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