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New York Cheapest Car Insurance & Best Coverage Options

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Updated February 28th, 2021

Checked by
Jaime Arias
Licensed Agent
Reviewed by
Maurice Draine
Former P&C Agent
Advertiser Disclosure: Some of the offers within the content are from companies where AutoInsureSavings.org may receive compensation. This does not influence our analysis of services or products. Our opinions are our own in good faith.

AutoInsureSavings.org team of licensed insurance agents found Utica National ($678) is the cheapest of all car insurance companies in New York for minimum coverage auto policies.

Progressive ($1,489) and Erie ($1,540) are the cheapest car insurance companies for full coverage policies.

New York Car Insurance Rates

Choosing the right car insurance company can help you improve your level of coverage while you stay within your budget.

Cheapest Car Insurance in New York - Quick Hits
AutoInsureSavings.orgThe cheapest New York car insurance options are:

Cheapest for minimum coverage: Utica National
Cheapest for full coverage: Progressive
Cheapest after an at-fault accident: State Farm
Cheapest after a speeding ticket: Progressive
Cheapest after a DUI: Progressive
Cheapest for poor credit history: GEICO
Cheapest for young drivers: New York Central Mutual (NYCM)
For young drivers with a speeding violation: Progressive
For young drivers with an at-fault accident: Progressive

To help you save money and find the best deal on your car insurance premium in New York, we have compared the best rates from several top companies in the auto insurance industry for various types of drivers.

Cheapest insurance coverage in New York State from Utica National, USAA, and State Farm compared to the state average minimum coverage premium.

Cheapest Car Insurance in New York for Minimum Coverage

Our agents found that Utica National offers the cheapest minimum coverage car insurance for New York drivers at $678 annually, which is 51% less expensive than the average cost for minimum liability from other car insurance companies in New York at $1,373.

For non-active military members, State Farm is the next cheapest insurance option at $696 or a $58 monthly rate, which is 49% cheaper than the state average.  

InsurerAnnual costMonthly cost
Utica National$678$56
USAA$684$57
State Farm$696$58
New York Central Mutual$723$61
GEICO$763$63
Erie$766$64
Preferred Mutual$780$65
Travelers$834$70
Allstate$862$72
New York average$1,373$114

*USAA is for qualified military members, their spouses, and direct family members. Rates may vary depending on driver profiles.

New York drivers’ can purchase minimum liability requirements for less than $1,000 per year from several providers.

While Utica National and State Farm are the cheapest options for many drivers, we also found that GEICO and New York Central Mutual are two good insurance carriers to consider based on our research for drivers who want to save the most money. 

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Minimum liability insurance policies are the cheapest premiums, which exclude comprehensive and collision coverage, but AutoInsureSavings.org licensed agents recommend getting full coverage insurance since filing a claim with a minimum coverage policy, you could pay out of pocket expenses

Cheapest Full Coverage Car Insurance for Drivers in New York

We found that Progressive offers cheap full coverage car insurance for New York drivers with a $1,489 annual quote or 40% cheaper than the average rate.  Erie is the next best option at $1,540 per year or 38% less expensive than New York’s average $2,462 insurance rate. 

InsurerAnnual costMonthly cost
Progressive$1,489$124
USAA$1,511$125
Erie$1,540$128
State Farm$1,580$131
Utica National$1,644$137
GEICO$1,750$145
New York Central Mutual$1,843$153
Allstate$1,965$163
New York average$2,462$205

*USAA is for qualified military personnel, their spouses, and direct family members. Rates may vary depending on driver profiles and zip codes.

Those who qualify for USAA benefits can get their full coverage auto insurance at just $125 per month for liability, collision, and comprehensive coverage.

The average driver in New York paying for full coverage insurance is $2,462 or $205 per month. Drivers can find cheaper auto policies by comparing top car insurance providers’ rates like those listed here.

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Cheapest Car Insurance For Drivers in New York with a Speeding Ticket

Our licensed agents found Progressive offers the cheapest auto insurance quotes for drivers in New York with a speeding violation at $2,287 per year or a $190 monthly rate. And Erie’s quote at $2,470 per year is 16% lower than average, making them the next cheapest option for New York drivers.

InsurerAnnual costMonthly cost
Progressive$2,287$190
Erie$2,470$205
State Farm$2,480$206
New York Central Mutual$2,590$215
New York average$2,930$244

In New York, speeding tickets can add anywhere from 3 to 11 points to your driving record. If you speed more than 40 miles per hour over the limit, you will have 11 points added.

According to the New York Department of Motor Vehicles (DMV), if you receive six or more points within 18 months, you will need to pay the New York Driver Responsibility Assessment fee that costs at least $100 to reinstate your driver’s license, along with higher insurance rates.

Cheapest Car Insurance for Drivers in New York with a Car Accident

State Farm offers the most affordable rates for drivers with a recent at-fault accident, with annual premiums as low as $2,854. That is $834 less than the average amount drivers pay ($3,688) for coverage in New York.

InsurerAnnual costMonthly cost
State Farm$2,854$237
New York Central Mutual$3,076$256
Progressive$3,311$275
New York average$3,688$307

State Farm, NYCM, and Progressive are insurance companies that offer lower than average rates for many drivers in the state who have an accident on their record.

In New York, a car accident will remain on your motor vehicle record for three years, along with an insurance rate increase. The accident is removed on the first day of January in the fourth year following the car accident.

Cheapest Car Insurance For Drivers in New York With a DUI

Progressive offers the cheapest insurance rates for drivers with a DUI in their driver history at $2,436 per year. The average rate for drivers with a DUI in New York is $3,893, a savings of $1,457 per year.

InsurerAnnual costMonthly cost
Progressive$2,514$209
State Farm$2,702$225
GEICO$3,031$252
Liberty Mutual$3,325$277
New York average$3,893$324

A DUI driver can expect to see their insurance rate increase by as much as 51%. That is why it is essential to find a car insurance provider that offers the most affordable rates.

Cheapest Car Insurance for Drivers in New York with Poor Credit

GEICO offers the cheapest auto insurance rates for drivers who have a poor credit history in New York. Their lowest rates are $2,347 per year. State Farm is another inexpensive option with a $2,503 annual rate or 30% lower than the state ($3,539) average rate.

InsurerAnnual costMonthly cost
GEICO $2,347$195
State Farm$2,503$208
Chubb$2,854$237
Allstate$3,361$280
Utica National$3,711$309
New York average$3,539$294

Those who have less than perfect credit may see that their insurance rates are higher than average. For most people, bad credit rates are 60% than those with good or excellent credit scores, according to Insurance Information Institute (III.org). 

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Cheapest Car Insurance for Young Drivers in New York

New York Central Mutual (NYCM) offers the cheapest rates for young drivers, with an average premium of $6,475 per year for full coverage car insurance. NYCM also offers less than average costs for minimum coverage at $2,788.

For young drivers’ state minimum coverage, State Farm offers cheap auto insurance quotes at $2,867 per year or 18% less expensive than other car insurance companies in New York.

InsurerFull coverageMinimum coverage
New York Central Mutual (NYCM) $6,480$2,790
USAA$6,647$2,834
Progressive$7,189$3,047
State Farm$7,790$2,894
GEICO$8,247$3,905
Liberty Mutual$8,404$4,034
Travelers$8,944$4,123
Allstate$9,147$3,439
New York average$7,539$3,477

Young or teen drivers that need coverage in New York can save more by comparing auto insurance rates like those shown above. Drivers who choose NYCM can save as much a 16% on their insurance premiums, which can be substantial savings for young drivers and their parents.

Cheapest Car Insurance for Young Drivers with a Speeding Ticket

During our comparison shopping study, our agents found young drivers needing coverage in New York with a speeding violation on their driving record can get cheaper insurance rates with Progressive at $6,832 per year or $569 monthly rate, which is 17% less expensive than the average.

InsurerAnnual costMonthly cost
Progressive $6,832$569
NYCM$7,268$605
GEICO$8,386$698
Average in New York$8,124$677

Cheapest Car Insurance for Young Drivers with a Car Accident

Young New York drivers with an at-fault car accident on their driving record can find the cheapest full coverage auto insurance with Progressive, which provided us a quote at $7,241 per year or 21% lower than a similar driver profile rate.

InsurerAnnual costMonthly cost
Progressive $7,241$603
Erie$7,749$645
GEICO$8,628$719
Average in New York$9,036$753

Best Auto Insurance Companies in New York

Several great insurance companies choose from coverage in New York, based on their price, customer service and support, and coverage level.

ValuePenguin did a survey and found the overall best car insurance company is USAA, with high marks from current policyholders. If you are not eligible for USAA, the next best options are State Farm and Allstate based on customer service. 

Company% of respondents extremely satisfied with recent claim% who rated customer service as excellent
USAA78%62%
State Farm73%46%
Allstate72%47%
Progressive74%34%
GEICO64%42%
Travelers19%33%
NYCMn/an/a

AutoInsureSavings.org team of licensed insurance agents compared complaints by each auto insurer using the National Association of Insurance Commissioners complaint index. Using the complaint index (best ratio of complaints to market share) from NAIC, the best car insurers are Travelers and New York Central Mutual (NYCM).

Using J.D. Power’s claims satisfaction survey, the best insurance providers are USAA and State Farm.  

InsurerNAIC complaint indexJ.D. Power claims satisfactionAM Best rating
Travelers0.09861A++
NYCM0.19n/aA
Allstate0.63876A+
State Farm0.66881A++
Progressive0.76856A+
USAA0.97890A++
GEICO1.01871A++
Allstate1.07876A+

Average Cost of Car Insurance by City in New York

Auto insurers use your zip code to determine your New York auto insurance rate, as well as your credit score, marital status, and past driving history. The average cost of insurance for drivers in New York is $2,412 per year or $201 per month. During our comparison shopping study, we found the cheapest insurers by city.

You can find the best Long Island auto insurance here.

Find Brooklyn auto insurance here.

Find Bronx auto insurance here. 

Find Cheap Car Insurance Quotes by Zip Code in New York with AutoInsureSavings

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Cheapest Car Insurance in Albany, NY

Albany drivers can get the most affordable insurance coverage from Erie, which provided our agents a $1,752 rate per year for a full coverage policy. Their rate is 35% lower than average.

Albany CompanyAverage Premium
Erie$1,752
State Farm$1,801
Allstate$2,136
Albany average$2,680

Cheapest Car Insurance in Buffalo, NY

Drivers living in Buffalo with a clean driving history can find the least expensive coverage rate with State Farm at $1,759 per year for full coverage for a 30-year-old driver.

Buffalo CompanyAverage Premium
State Farm$1,759
Erie$1,837
NYCM$1,943
Buffalo average$2,636

Cheapest Car Insurance in Rochester, NY

The cheapest auto insurance we found in Rochester comes from New York Central Mutual or 32% lower with a $1,856 quote per year

Rochester CompanyAverage Premium
NYCM$1,856
State Farm$1,932
Erie$2,046
Rochester average$2,702

Cheapest Car Insurance in Syracuse, NY

To find Syracuse’s best coverage rates, our agents recommend Erie Insurance with a quote at $1,699 for our sample 30-year-old driver. Erie’s rate is 34% cheaper than Syracuse’s average.

Syracuse CompanyAverage Premium
Erie$1,699
NYCM$1,858
GEICO$1,990
Syracuse average$2,583

Cheapest Car Insurance in Ithaca, NY

In Ithaca, drivers can get the cheapest insurance coverage with State Farm, who provided us a quote at $1,814 per year for a 30-year-old sample driver.

Ithaca CompanyAverage Premium
State Farm$1,814
Liberty Mutual$1,964
GEICO$2,036
Ithaca average$2,713

Cheapest Car Insurance in Yonkers, NY

Yonkers residents insuring a motor vehicle with the cheapest coverage should get quotes from GEICO, who provided AutoInsureSavings.org agents a rate at $1,946 per year or 28% lower than average. 

Yonkers CompanyAverage Premium
GEICO$1,946
NYCM$2,037
Allstate$2,217
Yonkers average$2,670

Cheapest Car Insurance in New Rochelle, NY

New Rochelle’s cheapest auto insurance is with Progressive, who provided us a quote at $1,722 per year for a 30-year-old driver with full coverage. Progressive’s rate is 29% less expensive than the average New Rochelle rate.

New Rochelle CompanyAverage Premium
Progressive$1,722
GEICO$1,811
Allstate$1,941
New Rochelle average$2,416

Average Cost of Insurance for All Cities in New York

CityAverage annual rateCityAverage annual rate
Manhattan$2,490Queens$2,519
Albany$2,680Mamakating$2,431
Alden$2,422Mamaroneck$2,440
Amherst$2,463Manchester$2,459
Amsterdam$2,459Manlius$2,476
Arcadia$2,440Marcellus$2,422
Attica$2,480Marcy$2,463
Auburn$2,431Massena$2,459
Aurora$2,416Mechanicville$2,448
Avoca$2,422Mendon$2,440
Avon$2,463Middletown$2,717
Ballston$2,476Milton$2,448
Barton$2,422Monroe$2,416
Batavia$2,459Montgomery$2,431
Bath$2,448Moreau$2,476
Beacon$2,422Mount Hope$2,459
Bedford$2,440Mount Kisco$2,463
Beekman$2,448Mount Pleasant$2,198
Beekmantown$2,431Mount Vernon$2,416
Bethlehem$2,416New Castle$2,440
Binghamton$2,474New Hartford$2,609
Blooming Grove$2,422New Paltz$2,335
Bolton$2,459New Rochelle$2,416
Boston$2,455New Scotland$2,431
Brighton$2,422New Windsor$2,448
Broadalbin$2,440New York$2,798
Brookhaven$2,448Newburgh$2,440
Brownville$2,455Newfane$2,474
Brunswick$2,422Newstead$2,502
Buffalo$2,636Niagara$2,327
Cairo$2,431Niagara Falls$2,480
Cambria$2,416Niskayuna$2,431
Camillus$2,440North Castle$2,448
Canandaigua$2,318North Elba$2,455
Canton$2,422North Greenbush$2,474
Carmel$2,455North Tonawa$2,608
Catskill$2,611Norwich$2,328
Cazenovia$2,431Ogden$2,440
Cheektowaga$2,605Ogdensburg$2,422
Chenango$2,448Olean$2,455
Chester$2,474Oneida$2,431
Chili$2,480Oneonta$2,449
Cicero$2,431Onondaga$2,474
Clarence$2,440Ontario$2,416
Clarkstown$2,455Orangetown$2,562
Clay$2,416Orchard Park$2,440
Clifton Park$2,449Ossining$2,431
Coeymans$2,422Oswego$2,455
Cohoes$2,431Owego$2,218
Colonie$2,440Oyster Bay$2,474
Concord$2,292Palm Tree$2,422
Cornwall$2,449Palmyra$2,480
Cortlandt$2,147Parma$2,440
Cortlandville$2,440Patterson$2,455
Corning$2,416Pawling$2,168
Cortland$2,198Peekskill$2,416
Coxsackie$2,422Pelham$2,431
Crawford$2,431Pendleton$2,279
DeWitt $2,474Penfield$2,471
Dover$2,422Perinton$2,440
Dryden$2,455Peru$2,431
Duanesburg$2,480Phelps$2,449
Dunkirk$2,455Philipstown$2,312
East Fishkill$2,431Pittsford$2,422
East Greenbush$2,440Plattekill$2,228
East Rochester$2,416Plattsburgh$2,431
Eastchester$2,292Pleasant Valley$2,480
Eaton$2,422Pomfret$2,416
Eden$2,449Pompey$2,455
Ellicott$2,416Porter$2,440
Elma$2,512Port Jervis$2,512
Elmira$2,431Potsdam$2,454
Erwin$2,455Poughkeepsie$2,449
Esopus$2,609Putnam Valley$2,422
Evans$2,614Queensbury$2,431
Fallsburg$2,440Ramapo$2,416
Farmington$2,471Red Hook$2,422
Fenton$2,416Rensselaer$2,544
Fishkill$2,449Rhinebeck$2,198
Fort Ann$2,422Richland$2,440
Frankfort$2,431Ridgeway$2,419
Fulton$2,454Rochester$2,702
Gates$2,512Rome$2,544
Geddes$2,416Rosendale$2,440
Geneseo$2,431Rotterdam$2,454
Geneva$2,422Royalton$2,544
German Flatts$2,416Rye$2,605
Glen Cove$2,440Salamanca$2,200
Glens Falls$2,605Salina$2,454
Glenville$2,431Sand Lake$2,514
Gloversville$2,449Saratoga$2,440
Goshen$2,454Saratoga Springs$2,422
Gouverneur$2,148Saugerties$2,454
Granby$2,416Scarsdale$2,431
Grand Island$2,422Schaghticoke$2,416
Greece$2,440Schenectady$2,449
Greenburgh$2,567Schodack$2,604
Greenfield$2,604Schroeppel$2,440
Groton$2,198Scriba$2,567
Guilderland$2,431Seneca Falls$2,602
Halfmoon$2,449Shawangunk$2,511
Hamburg$2,454Shelby$2,431
Hamlin$2,416Sherrill$2,602
Hanover$2,471Smithtown$2,449
Harrietstown$2,431Sodus$2,422
Harrison$2,454Somers$2,416
Hastings$2,422Southeast$2,440
Haverstraw$2,440Southold$2,431
Henrietta$2,581Southport$2,422
Herkimer$2,422Stillwater$2,581
Highlands$2,451Stony Point$2,454
Homer$2,416Sullivan$2,198
Hoosick$2,449Sweden$2,416
Hornell$2,422Syracuse$2,583
Horseheads$2,431Thompson$2,581
Hudson$2,440Tonawanda$2,451
Hyde Park$2,598Troy$2,422
Irondequoit$2,440Ulster$2,431
Ithaca$2,713Union$2,440
Jamestown$2,165Utica$2,471
Johnstown$2,416Van Buren$2,416
Kent$2,451Vestal$2,198
Kinderhook$2,422Victor$2,451
Kingsbury$2,431Wallkill$2,500
Kingston$2,590Walworth$2,247
Kirkland$2,440Wappinger$2,431
Lackawanna$2,198Warwick$2,598
LaGrange $2,422Waterford$2,451
Lancaster$2,431Waterloo$2,440
Lansing$2,471Watertown$2,449
Le Ray$2,416Watervliet$2,416
Lee$2,463Wawarsing$2,451
Lenox$2,469Wawayanda$2,431
Lewisboro$2,422Webster$2,590
Lewiston$2,597Wellsville$2,422
Liberty$2,451West Seneca$2,471
Little Falls$2,449Westmoreland$2,416
Livonia$2,431Wheatfield$2,463
Lloyd$2,416White Plains$2,469
Lockport$2,440Whitestown$2,595
Lysander$2,593Williamson$2,431
Macedon$2,471Wilton$2,416
Malone$2,422Yonkers$2,670
Malta$2,440Yorktown$2,469

Minimum Requirements for New York Car Insurance

New York drivers are required to have a minimum amount of liability coverage in their auto insurance policies. Below are the minimum coverage limits. 

LiabilityMinimum coverage
Bodily injury liability$25,000 per person and $50,000 per accident
Property damage liability$10,000 per accident
Personal injury protection (PIP)$50,000 per accident
Uninsured motorist bodily injury (UMBI)$25,000 per person and $50,000 per accident

AutoInsureSavings.org licensed agents recommend getting higher liability limits of bodily injury and property damage coverage if you have multiple assets or a high-net-worth individual.

Our agents recommend most motorists carry collision, comprehensive coverage, and uninsured motorist coverage in their policies to make sure they have the best financial protection in the event of an auto accident.  

Frequently Asked Questions

Who has the Cheapest Car Insurance For New York Drivers?

Utica National for minimum coverage. The company offers some of the best insurance industry rates, with a $678 annual rate for a 30-year-old driver. State Farm ($696) and NYCM ($723) are the two other best options for all drivers needing coverage in New York. The average cost of auto insurance in New York is $1,373 per year. Here is a comparison between the three insurance companies mentioned: Utica National: $678, State Farm: $696, and NYCM: $723.

Because insurance rates are based on various factors, it is best to compare multiple providers’ rates to determine who has the cheapest car insurance coverage in New York for you.

How Much is Car Insurance in New York per Month?

The average rate for car insurance in New York is $205 per month for a driver who is 30 years old and has full coverage. That is $2,462 annually. Here are some totals for the average monthly rate of car insurance for drivers in New York. Progressive: $124, USAA: $125, and Erie: $128.

How Much Is Full Coverage Car Insurance in New York?

The average amount for full coverage insurance in New York is $205 monthly. Here are a few more average rates for different types of drivers. Drivers with an accident: $3,688, with a speeding violation: $2,930, with a DUI: $3,893, and drivers with poor credit: $3,539.

How do I Save on Auto Insurance in New York?

There are several things drivers in New York can do to save money on their car insurance premiums. We suggest asking your insurance agent about any discounts you may be eligible for. If you are looking for a new car insurance provider, it is best to find one that offers plenty of discounts to help you save even more.

The car you drive also plays a significant role in your rates and your driving history and credit rating. Therefore, practicing safe driving tactics and keeping a close eye on your credit report can lower your car insurance rates.

How Much Will my Car Insurance Rise with a Speeding Ticket in New York?

In New York, drivers will see their insurance premiums go up as much as 22% after receiving a traffic violation such as a speeding ticket. That amount can vary from driver to driver due to several factors, such as how fast the driver was going when they got the ticket.

As of 2020, the increasing amount for going 31 miles per hour over the limit was 30.7%. Individuals who received a violation for failure to yield saw a rate increase of 22.1%, while drivers who got a ticket for not wearing a seatbelt saw their rates go up 5%.

To learn more about your best car insurance options in New York, get expert advice at AutoInsureSavings.org. Our licensed professionals will help you find the best answer to any questions you have.

Methodology

AutoInsureSavings.org collects hundreds of quotes in zip codes across New York from the largest car insurance companies via Quadrant Information Services. Our sample driver profile is a 30-year-old driving a 2018 Honda Accord with good credit. We used a full coverage insurance policy unless otherwise stated with the following coverage limits:

Coverage typeStudy limits
Bodily liability$50,000 per person/$100,000 per accident
Property damage$25,000 per accident
Personal injury protection$10,000
Uninsured/underinsured motorist bodily injury$50,000 per person/$100,000 per accident
Comprehensive and collision$500 deductible

When AutoInsureSavings.org quotes a driver with a minimum coverage policy, we used the minimum liability limits per New York insurance regulations. We used credit score, marital status, driving history, and accident history for other rate analyses. We used insurance rate data from Quadrant Information Services, which are publicly available for comparative purposes only. Your rates may vary when you get quotes.

Sources

— New York Department of Motor Vehicles. “New York State Insurance Requirements.”
— National Association of Insurance Commissioners (NAIC). “2019 Market Share Reports.”
— National Highway Traffic Safety Administration. “Traffic Safety Facts.”
— Experian. “2019 Consumer Credit Review.”
— New York Department of Motor Vehicles. “Penalties for Alcohol or Drug-related Violations.”
— NOLO. “DUI Laws By State.”

Maurice Draine

Maurice Draine

Maurice, a former licensed P&C insurance agent with a 4-year degree in journalism. He resides in Minneapolis and has worked as a technical writer for UnitedHealthcare and Wells Fargo, where he created Medicare-related policies and procedures for three years. He is also an editor for AutoInsureSavings.org.

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