How to save on your New York auto insurance
Although we’ve covered the top insurance providers in New York, everyone finds the best car insurance rates from a different company.
The insurance industry is tightly regulated, but every company uses different metrics to set insurance premiums—meaning that your perfect rate could be with a company not on our shortlist. It’s a good idea to compare offers from three to five companies at least twice a year.
That doesn't mean you should spend hours on the phone or on the internet—instead, use a trustworthy insurance comparison app
like Jerry. Sign up in a minute and you'll receive the best offers from our network of more than 55 insurers, including the top providers in NY. Cutting corners on your New York car insurance can leave you vulnerable
You might also be tempted to drop your coverage limits in order to cut New York car insurance costs, but it’s financially risky.
Because it’s a no-fault state, New York’s minimum car insurance requirements
seem fairly generous. They include liability coverage, PIP, and uninsured motorist coverage. However, they don’t cover damages resulting from collisions or crime. Theft coverage is pretty important for New York state car owners, who suffer the ninth-highest rate of motor vehicle theft in the country—let alone New York city drivers!
Consider adding these coverage options to round out your financial protection:
Another alternative? Consider increasing your coverage limits if you can afford it. If you're involved in a serious car accident, they could save you from having to pay out of pocket for repairs and medical bills.
FAQs
What is the best insurance to have in NY?
Travelers is one of the best auto insurance companies in New York, based on real customer ratings from over 300 drivers and average cost data drawn from thousands of car insurance quotes.
What are the big 3 insurance companies?
The three biggest car insurance companies by market share are State Farm, GEICO, and Progressive.
Which insurance company is usually the cheapest?
Kemper offers the cheapest car insurance rates in New York, on average. GEICO follows close behind with cheap car insurance for most drivers in New York, while USAA offers the lowest average rates for military members.
How much is car insurance in New York?
The average cost of a full coverage car insurance policy in New York State is $2,433 per year, or $211 per month. Minimum coverage costs $1,459 per year on average.
What is the minimum auto insurance coverage in New York?
The minimum car insurance required by law in New York includes liability insurance, uninsured motorist coverage, and personal injury protection. If you have an auto loan or lease, your lender will also require full coverage.