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Cheapest Insurance In Nyc

Best Cheap Car Insurance in New York for 2018

If you’re looking for the cheapest car insurance in New York, it pays to shop around. The same coverage and limits can fetch very different rates from company to company, meaning you may lose out on a great deal by settling for the first quote you get.

To make your shopping easier, NerdWallet researched rates from the eight largest auto insurers in New York to find the most affordable options for a variety of driver types, including:

Also in this article:

Cheapest for good drivers

For drivers with no at-fault accidents, DUIs or moving violations.

Geico offered the best car insurance rate for good drivers in New York in our analysis, with an average price of around $91 per month. Travelers and Allstate were the next cheapest options, respectively.

If you have a clean driving record, you can push your rates even lower by making sure you get the discounts you’re entitled to, such as a claim-free discount for steering clear of accidents for an extended time period.

Cheapest for young drivers

For drivers in their early 20s.

Young drivers tend to need less coverage than motorists with families or greater savings to protect, a factor that we included in our analysis.

Geico notched by far the cheapest average rates for drivers in their early 20s, at roughly $50 a month, followed by New York Central Mutual Fire and Travelers. If you’re under 25, still in school and have a B average or better, ask your insurer or agent about a good student discount to trim rates even more.

Cheapest for drivers with one at-fault crash

Causing an accident typically triggers a price increase at renewal time. The severity of the rate hike depends on the insurer. Geico’s average cost for this group — the cheapest we found — was more than $200 a year higher than the company’s rate for drivers of the same age with no accidents.

Not all insurers appear to penalize you for one accident. Allstate returned the same rate for drivers with one at-fault crash and those with clean records — $1,890.

Cheapest for drivers with poor credit

For drivers placed in a “Poor Credit” tier.

Having poor credit can prevent you from getting the cheapest car insurance in New York when you buy your policy. The lowest rate we found was Geico at about $128 per month.

However, each insurer has its own approach for covering drivers with credit problems, so it pays to shop around. One insurer in our test gave drivers with a clean record and poor credit a quote of nearly $7,300 per year — more than $607 a month.

Cheapest for retired drivers

For drivers in their mid- to late 60s who no longer use their car for commuting.

Even though auto insurance rates can climb with age, retirees can typically get a relatively good deal thanks to their reduced time behind the wheel. For this reason, we looked at rates for drivers in their 60s who travel half as much as our other groups.

The cheapest New York car insurance quote we found was from Geico at roughly $73 a month. This was cheaper than the company’s rate for drivers half that age who face a daily commute.

Retirees in New York can also save by refreshing their driving skills with an online accident prevention course, which reduces base car insurance rates by 10% for three years. Learn more about the state’s many approved course providers.

Minimum car insurance requirements in New York

New York auto insurance laws require car owners to carry liability insurance, personal injury protection (PIP) and uninsured motorist bodily injury coverage (UMBI).

The minimum coverage limits are:

  • $25,000 bodily injury liability per person
  • $50,000 bodily injury liability per accident
  • $10,000 property damage liability per accident
  • $50,000 PIP
  • $25,000 UMBI per person
  • $50,000 UMBI per accident

For the best financial protection, consider buying more than the bare minimum. Any costs that surpass your coverage limits would have to come out of your own pocket. A serious accident could easily leave you owing more than, say, $10,000 to repair another driver’s car.

Alternative car insurance in New York

If car insurance companies are declining you for coverage due to DUIs, crashes or other factors, you could qualify for car insurance through the New York Automobile Insurance Plan (NYAIP).

NerdWallet’s comparison tool lets you view New York car insurance rates from top companies side by side and possibly trim hundreds off your premium.

Here’s a summary of where you’ll find the cheapest insurance, by category:

New York Auto Insurance

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New York Links

Whether you’re commuting to the Big Apple, escaping to tranquil Saratoga Springs or road tripping to the Catskills, New York offers many exciting, world-renowned destinations. But before you head out again, know that Nationwide can offer dependable protection for you and your car anywhere in the Empire State.

Before you get a quote, make sure to visit our Auto Coverage page to learn about what coverage types are right for you.

NY car insurance features

Nationwide makes it easy for you to find dependable auto insurance in New York. We can show you options so you can choose the coverage that’s right for your needs, goals and budget. Explore the features below to learn more about what we can offer you:

On Your Side ® Claims Service

Choose a shop in our network to get a written guarantee on repairs for as long as you own your vehicle. 1

Discounts Helping You Save

We offer many ways to help lower your auto insurance rates. See the many ways you can save with qualifying discounts.

SmartRide ® Program

SmartRide rewards safe driving. Get an instant discount when you sign up. The safer you drive, the higher the discount you could earn. 2

On Your Side ® Review

Enjoy a free consultation with an agent who’s here to help you get the protection you need at the price that’s right for you.

Resources at Your Fingertips

Make payments, print ID cards, report claims and more, quickly and easily online. We even have a mobile app for on-the-go account access.

Find local agents in your neighborhood

From NYC to Buffalo, we have Nationwide agents throughout New York. Search for your local agent.

Get other New York coverages and save

Nationwide offers a full range of insurance and financial products in New York for your home, car, family and financial security. Simplify your life and save more by bundling your coverage. Check out our other policies for New York residents.

Insurance terms, definition and explanations are intended for informational purposes only and do not in any way replace of modify the definitions and information contained in individual insurance contracts, policies or declaration pages, which control coverage determinations. Such terms may vary by State, and exclusions may apply.

[1] Guarantee is limited to alternative parts identified on appraisal and used in repair. Also, work performed at an On Your Side Auto Repair Center includes workmanship guarantee. For informational purposes only. Program terms and conditions are controlling.

[2] Discounts do not apply to all coverage elements; actual savings vary by state, coverage selections, rating factors and policy changes. Enrollment discount applies during data collection; final discount is calculated on driving behavior and could be zero. Final discount applies at the next policy renewal and remains until drivers or vehicles on the policy change.

Cheap New York Car Insurance

Compare the best rates from 10 car insurance companies in New York.

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Here’s what you need to know when driving in New York

Across the Empire State, there are 242,769 miles of road just waiting to be driven. We’ll get you prepped with the best and cheapest insurance, then you take the wheel.

Cheap Car Insurance

It’s cheap to get car insurance in New York!

Whoa! New York is one of the cheapest states for car insurance. Let’s see how much you’ll save!

At The Zebra we’re all about helping you save money on car insurance. Our engine looks for the cheapest insurance provider to find the best fit for you and your vehicle. Since New York might have cheaper premiums that makes our job a breeze! It’s easy to get started—we just need some basic information to begin finding the best auto discounts for you.

What’s the cheapest car insurance in New York?

Cheap Insurance for Good Drivers in New York

Good drivers can save money on car insurance if you have no at-fault accidents, speeding tickets, or DUIs. Insurance companies use your driving record as a way to predict what kind of risk you will pose to them. So, by not having any of these violations you are less risky and therefore cheaper customer for them. In addition to having a cheaper premium, some companies offer a Good Driver discount. While the amount varies based on your company, it can range between 5-10%. If we’re looking beyond just average rates and at individual companies, Nationwide seems to have the cheapest rates for good drivers.

Cheap Insurance for Young Drivers in New York

Young drivers, those between the ages of 16-25, pay the most for car insurance across the US. Because of the risk presented by inexperienced drivers, teen drivers pay more than three times the national average for car insurance. For teen drivers, historically the most expensive drivers to insure, we’ve found that Geico, Progressive, and Liberty Mutual are the cheapest companies.

Cheap Car Insurance for Bad Drivers in New York

Having a bad driving record can be a huge burden for getting cheap car insurance – no matter your location. In New York in 2017, a DUI raised rates an average of $1,208 a year. Other violations, such as an at-fault accident or a speeding ticket will also hurt your driving record. Based on our research, if you’ve had a DUI or at-fault accident, your best bet for cheap car insurance is to shop with Liberty Mutual, State Farm, or Nationwide.

Car Insurance Laws

State minimum insurance requirements in New York

In New York, the state minimum coverage requirements are as follows:
  • Bodily Injury $25,000 per person
  • Bodily Injury $50,000 per accident
  • Property Damage $10,000 per accident
Uninsured/Underinsured Motorist
  • Bodily Injury $25,000 per person
  • Bodily Injury $50,000 per accident
Personal Injury Protection (PIP)
  • $50,000 per person
Optional coverage in New York (varies by carrier):
  • Comprehensive
  • Collision
  • Loan/Lease Payoff
  • Medical Payments
  • Rental Car Reimbursement
  • Roadside Assistance
  • Supplemental Uninsured/Underinsured Motorist Bodily Injury (SUM)
  • Additional Personal Injury Protection (APIP)
  • Optional Basic Economic Loss (OBEL)

Liability coverage is legally required in New York and pays for injury and lost wages that you cause to another driver or their passengers as well as damage to the other driver’s vehicle in the event that you are considered “at fault” in an accident. The coverage limits are determined by each individual state and normally split into three categories. In New York, the cheapest insurance minimum is listed as 25/50/10 and explained below:

$25,000 bodily injury coverage per person. This is the maximum dollar amount that pays for a single person that you injure in an auto accident.

$50,000 bodily injury coverage per accident. This is the maximum dollar amount that pays for all injuries that you cause in an accident if more than one person is hurt.

$10,000 property damage per accident. This is the maximum dollar amount that pays for damage that you cause in an accident.

Uninsured Motorist coverage is legally required in New York and pays for injury and lost wages that you or your passengers may suffer in the event that you are hit by an uninsured driver who is at fault. The coverage limits are determined by each individual state and normally split into two categories. In New York, the minimum is listed as 30/60 and explained below:

$25,000 bodily injury coverage per person. This is the maximum dollar amount that pays for a single person injured in your vehicle by an uninsured driver.

$50,000 bodily injury coverage per accident. This is the maximum dollar amount that pays for all injuries in your vehicle by an uninsured driver if more than one person is hurt.

Personal Injury Protection provides coverage for medical costs that you and your passengers incur in an accident regardless of fault. PIP will cover medical expenses such as hospital bills, rehabilitation costs, and even work loss resulting from an accident. In New York, minimum PIP coverage of $50,000 per person is required on your policy.

These numbers reflect the minimum limits required in New York but higher coverage amounts are available with most companies. These minimums will provide you with the cheapest insurance rate.

New York is a no fault state!

What does this mean for you?

Put simply, a no-fault insurance laws system requires that drivers carry their own protection. When an accident happens, no matter who is at fault, your own insurance foots the bill. Each driver takes care of his or herself, and theoretically, the chances of someone suing or raising a hissy fit over culpability are lessened. And bonus? It guarantees every driver immediate medical treatment in the event of an accident.

Cheap New York Car Insurance Companies

The Zebra compares over 200 companies & 1,800 products, so you can save way more than 15% and find the cheapest car insurance in New York.

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*rates based on survey data – Spring 2017

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Cheapest Car Insurance in New York

From breathtaking Niagara Falls to jaw-dropping New York City, the “Empire State” rivals the best of the U.S. for its variety of natural and man-made attractions. New York is home to just over 8 million residents, and NYC ranks as the most densely populated city in the U.S. And even with all these New Yorkers, the state’s pristine 176 state parks maintain the natural wonder of historic New England. It’s no wonder drivers from every state have made New York their vacation spot year after year, and CheapCarInsurance.net is doing its job to make sure all these visitors and residents alike are protected while on the road. To help out, here’s a list of helpful facts every driver should know when driving in New York.

LAWS & REGULATIONS

New York seasons can change at the drop of a hat. Insurance laws and regulations aren’t much different, and this list of helpful facts will make sure drivers can stay up-to-date with all the changes.

Minimum Requirements for Car Insurance in New York

  • The New York DMV states that every driver in New York must carry a minimum of liability coverage on their vehicle.
  • New York Liability Coverage minimums:
    • $25,000 for individual injury and $50,000 for individual death in a car accident.
    • $50,000 for multiple individuals’ injuries and $100,000 for multiple deaths in a car accident.
    • $10,000 for property damage.
  • New York requires a vehicle to be insured in order to register the vehicle in the state. Also, the name on the insurance and registration paperwork must match.

New Driver Licensing Requirements

To operate a vehicle in the state of New York, a driver must be 16 years of age or older and have a valid drivers license. If the driver is under 18, the driver must follow the restrictions listed on the New York DMV website. The following lists the requirements to obtain a NY drivers license.

  • Vision Test.Every driver must pass the vision test with a visual acuity of 20/40 or better. An applicant can have the test performed by any of the following professionals:
    • Physician
    • Physician’s assistant
    • Ophthalmologist
    • Optician
    • Registered nurse
    • Nurse professional

    A Vision Test Report must be submitted by the professional or by the vision care provider listed in the DMV Online Vision Registry. If it is determined that the applicant requires corrective lenses, a license with a “B” restriction may be issued. Two other vision restrictions include:

    1. Telescopic Lenses: A “Telescopic Lenses” restriction can be placed on a drivers license after the applicant submits an Eye Test Report for Medical Review Unit form.
    2. Daylight Driving Restriction: This restriction can be placed on a driver’s license if the vision professional determines their night vision is impaired.

    Each vision restriction can be removed by taking the necessary steps listed on the NY DMV website.

  • Written Test. Access the Driver’s Manual and Study Guide to prepare for the written test. An applicant must complete either a Driver Education Course, a Pre-licensing Course or pass the written test prior to scheduling the road test.
    If the applicant is under age 18, 50 hours of supervised driving experience must be documented with a Certificate of Supervised Driving. Included within the 50 hours must be 10 hours in moderate to heavy traffic and 15 hours of night driving.
  • Road Test.The vehicle used in the road test must be safe, insured and registered, and it must be driven to and from the testing facility by a licensed driver. The road test evaluates the applicant’s skills in each of the following areas:
    • Steering
    • Acceleration
    • Braking
    • Clutch/Gears
    • Speed
    • Communication
    • Observation
    • Traffic signs, signals and markings
    • Following distance
    • Stopping position
    • Lane selection and position
    • Anticipation and reaction
  • Pay a License Fee. Each applicant is required to pay licensing fees after completing the testing requirements. These fees range from $64.25 to $107.50 depending on the type of license and endorsements. A full list of fees can be found at DMV.NY.gov.
  • If under 18 years of age, the applicant must wait 6 months from the date the learner’s permit was released to schedule a road test.

DUI/DWI Laws

  • BAC limit: .08 The New York DMV website has published a document providing all the necessary information regarding New York DUI/DWI laws. Following is a summary of New York’s relevant DUI/DWI violations. While aggravated DUI (BAC of .18 or higher) holds more severe penalties and Driving While Ability Impaired (BAC .05 to .07) holds less severe penalties, DWI (BAC .08) is included here to provide an average example.
  • First Offense:
    • Misdemeanor
    • Minimum $500 and maximum $1,000 fine.
    • Maximum 1 year imprisonment.
    • Age 21 and older receives a minimum 6 month license revocation, and under 21 receives a minimum 1 year license revocation.
  • Second Offense within 10 Years:
    • Class E Felony
    • Minimum $1,000 and maximum $5,000 fine.
    • Maximum 4 years imprisonment.
    • Age 21 and older receives a minimum 1 year license revocation, and under 21 receives a 1 year revocation or until age 21, whichever is longer.
  • Third Offense within 10 Years:
    • Class D Felony
    • Minimum $2,000 and maximum $10,000 fine.
    • Maximum 7 year imprisonment.
    • Age 21 and older receives a minimum 1 year license revocation, and under 21 receives a 1 year revocation or until age 21, whichever is longer.

Texting & Driving Laws

According to Distraction.gov, New York has issued a temporary ban on texting and handheld devices for all drivers.

Unique Laws

While the penalty for jumping off a building in New York is death, flirting only holds a $25 fine! But for drivers, if one ever gets a chance to drive an ice cream truck, remember that it is illegal to back up to make a sale!

Best Cheap Car Insurance Quotes for New York

Kings County Car Insurance

Only 71 square miles, Kings County is the second most densely populated in the state after New York, with 2.6 million inhabitants, or an average of 37,137 people per square mile.

Kings County, New York is coextensive with Brooklyn, one of New York City’s five “boroughs.” Interestingly, nearly 40 percent of Brooklynites are foreign born. The Kings County-Brooklyn shoreline includes the historic and famous Coney Island amusement park. Among the most popular draws for visitors are Brooklyn Bridge and Park, Brooklyn Heights Promenade and Botanic Gardens.

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