Best cheap car insurance in New York

The cheapest car insurance company in New York is Main Street America, at an average of $86 per month for full coverage.

Gianetta PalmerAndrew Hurst

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Gianetta Palmer

Gianetta Palmer

Freelance contributor

Gianetta Palmer is a freelance writer who lives in the Georgia mountains. Her writing on health and car insurance, has appeared on numerous sites.

&Andrew Hurst

Andrew Hurst

Senior Editor & Licensed Auto Insurance Expert

Andrew Hurst is a senior editor and a licensed auto insurance expert at Policygenius. His work has also been featured in The New York Times, The Wall Street Journal, Forbes, USA Today, NPR, Mic, Insurance Business Magazine, ValuePenguin, and Property Casualty 360.

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By

Ian Bloom, CFP®, RLP®

Ian Bloom, CFP®, RLP®

Certified Financial Planner

Ian Bloom, CFP®, RLP®, is a certified financial planner and a member of the Financial Review Council at Policygenius. Previously, he was a financial advisor at MetLife and MassMutual.

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We found that Main Street America, a part of the American Family group of companies, has the best cheap car insurance in New York. On average, Main Street America costs $86 per month ($1,033 per year), which is $95 cheaper per month than the state average.

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Progressive is the next-cheapest car insurance in the state of New York. In fact, Progressive only costs about $1 more per month on average than Main Street America. Other cheap companies in New York state include GEICO, Erie, and USAA.

Company

Monthly cost

Main Street America

$86

Progressive

$87

GEICO

$109

Erie

$119

USAA

$120

Cheapest car insurance companies in New York

Car insurance rates are determined by many factors, like your location, driving history, and the kind of vehicle you drive. 

Since insurance is so expensive in New York, you’ll want to shop around for the best rates before you settle on a policy. The table below shows the five cheapest car insurance companies in New York.

Main Street America

Main Street America logo

Part of the American Family group of companies, Main Street America offers cheaper-than-average rates wherever it’s available. Drivers can also choose from lots of coverage add-ons for more protection.

Pros

  • Lower-than-average rates

  • Offers affordable coverage to high-risk drivers

  • Receives fewer complaints than average for its service

  • Plenty of available endorsements for more-than-basic coverage

  • Lots of discounts to help drivers save

Cons

  • Coverage isn’t available in every state

The cheapest car insurance company in New York is Main Street America, which costs $86 per month for full coverage. Main Street is $1,139 cheaper per year than average in New York. Main Street America is also the cheapest insurance company in New York for drivers under 21 who get their own policy.

Progressive

4.1

Policygenius rating

How we score: Policygenius’ ratings are determined by our editorial team. Our methodology takes multiple factors into account, including pricing, financial ratings, quality of customer service, and other product-specific features.

Progressive logo

Progressive usually offers rates that are around (or cheaper than) average. But drivers with a past driving violation may find that Progressive offers better rates than other companies. Its number of coverage add-ons also sets Progressive apart.

Pros

  • Rates tend to be around average compared to other companies

  • Lots of useful endorsements to upgrade a basic policy

  • Wide range of discounts to help save money

  • Affordable policies for high-risk and newly-licensed drivers

Cons

  • Mixed reputation for customer service

Progressive is the second cheapest car insurance company in New York. On average, full-coverage from Progressive is only about $1 more expensive per month than the absolute cheapest option. Progressive also has the best average rates for drivers ages 21 to 30 years old.

GEICO

4.6

Policygenius rating

How we score: Policygenius’ ratings are determined by our editorial team. Our methodology takes multiple factors into account, including pricing, financial ratings, quality of customer service, and other product-specific features.

GEICO logo

GEICO is nationally available and often has some of the cheapest rates. GEICO gets fewer service complaints than average, even though claims satisfaction can be mixed. Drivers can also customize their car insurance from GEICO with a few useful add-ons.

Pros

  • Available in every state and the District of Columbia

  • Usually has some of the cheapest rates

  • Gets fewer complaints than expected for its service

  • Allows drivers to add different types of useful coverages to a basic policy

Cons

  • Mixed reputation for claims satisfaction

GEICO is one of the cheapest car insurance companies in New York. Full coverage from GEICO costs New Yorkers $109 per month, $72 per month cheaper than average. But GEICO can be more expensive than competitors for drivers with a speeding ticket, DUI, or at-fault accident.

Erie

3.9

Policygenius rating

How we score: Policygenius’ ratings are determined by our editorial team. Our methodology takes multiple factors into account, including pricing, financial ratings, quality of customer service, and other product-specific features.

Erie logo

Erie is a regional company, but rates stack up well versus larger competitors, and it earns top ratings for claims satisfaction. Erie also offers a range of endorsements and perks, like new car replacement and rate lock.

Pros

  • Cheaper than average rates for drivers with clean records

  • Policies come with pet injury coverage, travel expenses after a disabled vehicle, and accident forgiveness after three years at no extra cost

  • Offers extra endorsements and perks, like new car replacement, rate lock, and vanishing deductible

  • Great reputation for claims satisfaction among customers

Cons

  • Receives more customer complaints about service and settlements than average

Erie has some of the cheapest car insurance rates in New York. Full coverage from Erie costs $119 per month, which is $749 cheaper per year than average. Erie also has a range of extras that drivers can add to their coverage, like new car replacement or locked-in rates until you change your policy.

USAA

4

Policygenius rating

How we score: Policygenius’ ratings are determined by our editorial team. Our methodology takes multiple factors into account, including pricing, financial ratings, quality of customer service, and other product-specific features.

USAA logo

USAA is one of the most reliably cheap car insurance companies in the country. It also has a long-standing reputation for great customer service. Unlike other providers, USAA is only offered to drivers who are affiliated with the military.

Pros

  • Offers coverage in every state and the District of Columbia

  • Usually has some of the cheapest car insurance rates of any company

  • Drivers can use discounts to lower their rates

  • Consistently high customer satisfaction

Cons

  • Limited options for adding extra coverage

  • Only available to members of the military, veterans, and their families

For drivers who are in the military or part of a military family, USAA is one of the cheapest car insurance companies in New York. For full coverage, USAA costs $120 per month — which is $737 cheaper per year than average in New York.

Company

Average cost

JD Power Rating

Main Street America

$1,033

--

Progressive

$1,039

856

GEICO

$1,303

871

Erie

$1,423

880

USAA

$1,435

890

Cheapest car insurance companies by age in New York

For New Yorkers, age 16 is when a new driver can apply for a driver’s license. Statistics show young, inexperienced drivers are more likely to be in an accident — that’s why their car insurance rates are so expensive. The good news is that as drivers get older and more experienced, costs tend to drop.

Age

Cheapest company

Average cost

16

Main Street America

$3,029

18

Main Street America

$2,370

21

Progressive

$1,626

25

Progressive

$1,130

30

Progressive

$1,076

35

Main Street America

$996

45

Main Street America

$984

55

Progressive

$864

60

Progressive

$873

65

Progressive

$936

70

Progressive

$1,049

Choosing the right car insurance company in New York

With so many factors that determine the price of car insurance, it can be overwhelming to find a company that offers a policy that works for you. Here’s what to look for when choosing a new insurance company:

  • Customer Service: Does the company have a website? How easy is it to use? Are there offices nearby where you can speak directly with an agent? Do they return phone calls promptly?

  • Cost: Don’t overpay for car insurance. Ask about discounts and other ways to save on your insurance.

  • Coverage options: Does the company offer all the types of coverage you need? Can you bundle your home, renters, boat or motorcycle coverage with them too?

Policygenius can help you get quotes and choose the best coverage based on your insurance needs.

Compare rates and shop affordable car insurance today

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Car insurance rates for drivers with driving violations in New York

With car insurance rates already so pricey in New York, the last thing you need is a speeding ticket raising your rates. The easiest way to save on your car insurance is to obey posted speed limit signs, obey all traffic laws and never get behind the wheel after you’ve been drinking.

The average rates for New York drivers with speeding tickets or other moving violations are shown below.

Violation

Main Street America

Progressive

GEICO

Erie

USAA

At-fault accident

$1,434

$1,691

$2,039

$2,271

$1,919

DUI

$1,387

$1,132

$3,775

$2,689

$2,164

Suspended license

$1,387

$1,535

$2,671

$2,689

$1,941

Open container

$1,387

$1,116

$1,410

$2,689

$1,524

Expired registration

$1,159

$1,116

$1,279

$1,853

$1,652

Driving without lights

$1,159

$1,116

$1,410

$1,853

$1,524

Not showing documents

$1,159

$1,116

$1,279

$1,853

$1,652

Running a red light

$1,159

$1,116

$1,410

$1,853

$1,652

Failure to yield

$1,159

$1,116

$1,410

$1,853

$1,652

Following too closely

$1,159

$1,116

$1,410

$1,853

$1,652

Hit and run

$1,387

$1,535

$3,775

$2,689

$2,164

Illegal turn

$1,159

$1,116

$1,410

$1,853

$1,652

Improper passing

$1,159

$1,116

$1,410

$1,853

$1,652

Not-at-fault accident

$1,113

$1,084

$1,343

$1,853

$1,652

Passing a school bus

$1,387

$1,116

$1,410

$1,853

$1,652

Racing

$1,387

$1,535

$2,953

$2,689

$2,164

Reckless driving

$1,387

$1,535

$2,671

$1,853

$1,524

Speeding

$1,387

$1,282

$2,039

$1,853

$1,716

Cheapest car insurance for drivers with bad credit in New York

A few late payments are all it takes for some car insurance companies to raise your rates. Insurance companies use your credit score to determine insurance rates, and those late payments can lead to more expensive premiums.

Below are the average rates for drivers in New York with bad credit.

Company

Rates for drivers with bad credit

GEICO

$1,637

Utica National

$2,349

USAA

$2,877

Chubb

$2,897

Preferred Mutual

$3,374

Car insurance costs in New York cities

If you live in New York City, you’re going to pay some of the highest insurance rates in the country. But the cost of insurance is lower in other parts of the state.

Here are the average car insurance rates for the ten largest cities in New York, based on population.

  • New York City: $4,822

  • Buffalo: $2,194

  • Rochester: $1,516

  • Yonkers: $2,921

  • Syracuse: $1,653

  • Albany: $1,593

  • New Rochelle: $2,394

  • Cheektowaga: $1,646

  • Mount Vernon: $3,052

  • Schenectady: $1,587

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Buying car insurance in New York

If your vehicle is registered in New York, state law says drivers must meet 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.

New York is a no-fault state, which means that your car insurance company will pay your medical bills whether you caused the accident or not. No-fault insurance, also called PIP, only covers bodily injury and does not pay for auto body repair to your or another party’s damaged vehicle or personal property. 

If you want to recoup the costs to repair a damaged or totaled vehicle, you should consider adding additional coverage like comprehensive or collision insurance to your policy. Working with our insurance experts can help you find the coverage you need at the best price.

How to get cheap car insurance in New York

Many insurance companies in New York offer ways to save on your car insurance. Here are some of the discounts most companies offer:

  • Bundling discount: Combining your home and car insurance policy

  • Multi-car discount: Having more than one car and driver on your insurance policy

  • Safe-driver discount: For drivers without any accident claims during a given time frame or for those drivers who take a defensive driving course

  • Military discount: A discount for active-duty military and their family members

  • Good student discount: A discount for young drivers who earn good grades

These are just a few of the discounts offered by insurance companies, so be sure and ask about what others may apply to you.

Find car insurance in your city:

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Looking for home insurance? Find the best homeowners insurance in New York

Frequently asked questions

Who has the lowest car insurance in New York?

According to our research, Main Street America has the lowest rates in New York state, at $1,033 per year for full coverage.

I have bad credit. Does that affect my car insurance rates?

Having bad credit can increase your rates by more than 50 percent with some companies.

Does my driving history affect my car insurance rates?

A single ticket can raise your car insurance rates in New York by hundreds of dollars. You may be able to lower them slightly by taking a defensive driving class.

I’m almost 25. Will my rates go down?

In many instances, turning 25 can lower your insurance rates. However, your rates may not go down if you have speeding tickets or other infractions on your license.

Methodology

Policygenius has analyzed car insurance rates provided by Quadrant Information Services for every ZIP code in all 50 states plus Washington, D.C. For full coverage policies, the following coverage limits were used:

  • Bodily injury liability: 50/100

  • Property damage liability: $50,000

  • Uninsured/underinsured motorist: 50/100

  • Comprehensive: $500 deductible

  • Collision: $500 deductible

In some cases, additional coverages were added where required by state or insurer.

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.

Rates for driving violations and “Poor” credit determined using average rates for a single male 30-year-old driver with a credit score under 578.

Some carriers may be represented by affiliates or subsidiaries. Rates provided are a sample of costs. Your actual quotes may differ.

Authors

Freelance contributor

Gianetta Palmer

Freelance contributor

gray twitter icon linkgray linkedin icon link

Gianetta Palmer is a freelance writer who lives in the Georgia mountains. Her writing on health and car insurance, has appeared on numerous sites.

Senior Editor & Licensed Auto Insurance Expert

Andrew Hurst

Senior Editor & Licensed Auto Insurance Expert

gray linkedin icon link

Andrew Hurst is a senior editor and a licensed auto insurance expert at Policygenius. His work has also been featured in The New York Times, The Wall Street Journal, Forbes, USA Today, NPR, Mic, Insurance Business Magazine, ValuePenguin, and Property Casualty 360.

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