New York drivers pay an average of $1,062 per year for minimum coverage and $2,321 per year for full coverage, ranking the state third in terms of car insurance costs. With over 12 million licenced drivers, New York's roads are among the busiest in the country. With this many drivers on the road, the likelihood of an accident increasing.
New York, like most states, requires its residents to maintain certain minimum levels of auto insurance coverage. Only because auto insurance is a required expense if you own a vehicle does not mean there aren't ways to save money on it.
The most affordable car insurance in New York
These companies may be a good place to start if you are looking for the cheapest auto insurance in New York:
Main Street America
Main Street America, a subsidiary of American Family Insurance, sells its products through a network of independent agents. The company has the lowest minimum coverage and full coverage premiums on our list, making it a good choice if you have a limited budget.
Preferred Mutual
Preferred Mutual is a regional insurer that only sells insurance in four states, including New York. Despite the fact that the company is smaller than some of the others on our list, its local agents are more likely to know the specific needs of New York drivers.
Preferred Mutual does not provide many optional coverages, but it does provide a number of discounts to help you save money. Savings may be available if you are a defensive driver, insure multiple vehicles, have certain vehicle safety features, or are a AAA member. If you insure a teen driver, you may be eligible for discounts such as good student, driver training, and student at school.
Progressive
Progressive's auto insurance could save you both time and money. On its website, the company allows you to compare rates from various insurance carriers, which may help you find a lower-cost policy with less effort. The Name Your Price tool allows you to enter your monthly insurance budget and then displays a variety of coverage options for you to choose from.
Progressive offers several optional coverages in addition to standard car insurance coverage, such as loan/lease payoff, custom parts coverage, and ridesharing coverage. You may also be able to use the Snapshot telematics programme, which tracks your driving habits and adjusts your premium appropriately.
Geico
Geico's auto insurance is well-known for its low cost, and the company offers a variety of discounts to help you save even more. You could save money if you have certain vehicle safety features, are a military member or federal employee, insure more than one car, or bundle your policies.
Geico's policies are fairly basic, with few options for customization. The company does, however, provide a robust customer portal on its website as well as a highly functional mobile app. Geico is a good option if you prefer to manage your policy online.
USAA
USAA only sells insurance to active-duty military, veterans, and their immediate families. If you qualify, you should think about getting a quote. According to the company, switching to USAA insurance saves the average driver over $700.
USAA does not provide many options for tailoring your policy to your specific needs, but it does provide numerous discounts that may help you save money on your premium. You could save for a new car insurance, being a good driver, storing your vehicle on a military base, or storing your vehicle while you are deployed.
Tags:
spicy ins