On average, Kemper is the cheapest car insurance company in New York City at $122 per month. That makes rates from Kemper 68% cheaper than average — big savings in one of the most expensive cities for auto insurance.
After Kemper, the cheapest car insurance companies in New York City are Main Street America, Progressive, GEICO, and USAA. Depending on where in the city you live, your car, your driving history, and more, your cheapest company may vary.
Cheapest car insurance companies in New York City, NY
Car insurance rates are different for everyone. Personal details like the car you drive, the amount of coverage needed, and even whether you’re single or married impacts your rates.
The best way to find which company In the Big Apple is the cheapest for you is by comparing quotes before you buy. Here are the best (and cheapest) car insurance companies in New York City.
The cheapest car insurance company in New York City is Kemper, which offers coverage for an average of $122 per month (or $1,464 per year). Despite the high average cost of insurance in New York, Kemper’s rates are $3,070 cheaper than average per year — though exact costs depend on where in the city you live.
Kemper also remains relatively affordable for drivers after a crash or ticket. In fact, Kemper is known for offering coverage to higher-risk drivers who can’t get covered elsewhere.
At an average of $142 per month for a full-coverage policy, Main Street America has the second-lowest rates for car insurance in New York City. Coverage from Main Street America costs $2,830 less per year than average in the city.
Rates from Main Street America for drivers in New York City who have a past accident or driving violation can be competitive, but aren’t often the cheapest in the city.
You can also get cheap car insurance in New York City from Progressive, at $151 per month for a full-coverage policy. With coverage that’s $2,723 cheaper each year than the citywide average, along with a sizable list of discounts, perks, and coverage options, Progressive is one of thebest choices for car insurance in New York City.
On average, GEICO has the third-cheapest car insurance in New York City at $167 per month (or $2,004 per year) for a full-coverage policy. GEICO also has the best insurance rates for drivers in New York City who have poor credit.
USAA has cheapcar insurance for military families living in New York City, whether they’re active-duty or retired. On average, USAA costs $208 per month (or $2,497 per year) for a full-coverage policy, which is $2,037 cheaper per year than the average cost in New York City.
Cheapest car insurance rates by ZIP code in New York City, NY
Your location, whether you live in Brooklyn, Queens, or Manhattan is one of the most important factors used to determine car insurance rates. The more crime and accidents in a given area, the more everyone pays.
Below are the average rates in ZIP codes across New York City.
Choosing the right car insurance company in New York City, NY
With so many factors that determine car insurance price, it can be overwhelming to find a company that offers affordable protection and won’t let you down when you need it the most.
You want a company with experience and customer service that listens to your needs. When it’s time to file a claim, you expect your insurance company to make the process as seamless as possible.
At Policygenius, we can help you see quotes from top companies, so you can choose one that meets all your needs.
Car insurance rates for drivers with driving violations in New York City, NY
Car insurance is more expensive for drivers with a history of accidents, speeding tickets, DUIs, and other driving violations. The best way to keep your rates low (especially somewhere like New York City where rates are already high) is by driving safely and obeying traffic laws.
The cheapest car insurance company in New York City for drivers with a driving violation is usually Kemper, Main Street America, or Progressive.
Cheapest car insurance for drivers with bad credit in New York City, NY
A bad credit score can affect your life in many ways. Not only is it harder to get credit, but your car insurance costs can also go up if you have poor credit. Sometimes this can cause your rates to spike more than having an accident does.
In New York City, GEICO has the cheapest car insurance for drivers with bad credit.
Rates for drivers with bad credit
Buying car insurance in New York City, NY
The law in New York says drivers must have the following minimum liability insurance requirements:
$10,000 for property damage for a single accident
$25,000 for bodily injury and $50,000 for death for a person involved in an accident
$50,000 for bodily injury and $100,000 for death for two or more people in an accident
Have continuous coverage on a vehicle even if it is inoperable or not being driven.
The insurance must be issued by a company licensed by the New York State Department of Financial Services and certified by the NY State DMV.
The state of New York is a no-fault state, which means that your insurance provider must pay your medical bills after an accident whether you caused it or not.
Each state has its own minimum insurance requirements, but your vehicle might not be covered if you’re in an accident and you only settled for the lowest possible limits of insurance that you could get.
To better protect yourself and your property before an accident, it’s a good idea to add more coverage such as comprehensive or collision insurance to help defer out-of-pocket expenses.
How to get cheap car insurance in New York City, NY
New York City drivers pay some of the most expensive rates in the country, but there are ways to save:
Safe driver discount - A discount for drivers without moving violations or accidents on their driving record.
Bundling - Combining your car and home insurance policies is a great way to save money on your premiums.
Low mileage discount - NYC drivers pay higher rates, but their commutes are shorter.
Military discount - Typically, military service members and their family members can get a reduced rate on car insurance.
There are other discounts available, ask your insurance company which of them may apply to you.
Policygenius found the cheapest car insurance companies in New York City by analyzing rates provided by Quadrant Information Services. The rates we analyzed were from for every ZIP code in all 50 states plus Washington, D.C and were for the following limits:
Bodily injury liability: $50,000 per person, $100,000 per accident
Property damage liability: $50,000
Uninsured/underinsured motorist: $50,000 per person, $100,000 per accident
Comprehensive: $500 deductible
Collision: $500 deductible
Rates for overall average rate, rates by ZIP code, and cheapest companies determined using averages for single drivers ages 30, 35, and 45. Our sample vehicle was a 2017 Toyota Camry LE driven 10,000 miles/year.
Some carriers may be represented by affiliates or subsidiaries. Rates provided are a sample of costs. Your actual quotes may differ.