Cheapest Car Insurance in New York: Your 2025 Guide
Get affordable car insurance in New York. Compare top providers, explore savings, and secure coverage that fits your needs now.
Car insurance companies don't just pull a number out of thin air. They use a complex mathematical equation to calculate your personal risk. The lower your risk of causing an expensive accident, the cheaper your premium will be. Our 2025 guide on cheap auto insurance in New York brings you the most affordable options to help you save hundreds of bucks.
Save on Car Insurance Today
Explore and compare rates from over 50 top insurance companies, including Progressive, Travelers, AAA, and Nationwide, to find the best car insurance deals.
Get Your Free Quote- No lengthy forms
- No spam or unwanted calls
- Quotes from trusted insurance providers
This guide gives you the cheapest car insurance rates in New York for 2025 by comparing top providers and coverage options. We also show how factors like your location, driving record, and credit score impact your premiums. Getting an auto insurance quote is the first step toward securing affordable rates.
At Think Save Retire, we help you understand these factors so you know exactly why your rate is what it is, and more importantly, how to get the cheapest car insurance in New York.
Average Car Insurance Costs in New York
On average, New Yorkers pay $3,522 annually for full coverage auto insurance and $2,841 for minimum liability insurance.
Top 5 Cheapest Car Insurance Providers in New York by Coverage Level
Full coverage car insurance provides extensive protection against accidents, theft, and damage. The more coverage you purchase, the higher your premium will be. To provide an idea of costs, we looked at average rates for different coverage levels, including the state minimum coverage and full coverage. Here are providers offering cheap car insurance in New York for different coverage levels:
| Company | Minimum Coverage | Full Coverage |
|---|---|---|
| Progressive | $611 | $1,556 |
| NYCM Insurance | $624 | $2,518 |
| USAA | $742 | $2,194 |
| Geico | $761 | $2,300 |
| Kemper | $763 | $1,942 |
Source: USNews (Cheapest Car Insurance in New York for 2025)
Note: USAA serves current and former military members and their families only.
Cheapest Car Insurance in New York by Age
Young, inexperienced drivers cost more to insure than older motorists. Insurance companies classify teenagers as a high risk because they statistically cause more accidents, making them especially expensive to cover. The good news: As drivers maintain a clean record and age, their insurance costs decrease.
1. Teen Drivers
Our analysis of 17-year-old adult drivers found that Geico and NYCM Insurance offer the lowest sample premiums: $3,821 for female drivers (Geico) and $4,299 for male drivers (NYCM Insurance).
| Company | 17-Year-Old Female | 17-Year-Old Male |
|---|---|---|
| Geico | $3,821 | $6,699 |
| Erie Insurance | $3,961 | $5,304 |
| NYCM Insurance | $4,287 | $4,299 |
| Progressive | $4,896 | $5,448 |
| Statewide Average | $7,359 | $8,484 |
Source: USNews (Cheapest Car Insurance in New York for 2025)
2. Young Adult Drivers
Our analysis of 25-year-old adult drivers found that Progressive offers the lowest sample premiums: $1,592 for female drivers and $1,707 for male drivers
| Company | 25-Year-Old Female | 25-Year-Old Male |
|---|---|---|
| Geico | $1,888 | $2,000 |
| Erie Insurance | $2,315 | $2,311 |
| NYCM Insurance | $2,667 | $2,661 |
| Progressive | $1,592 | $1,707 |
| Statewide Average | $3,048 | $3,161 |
Source: USNews (Cheapest Car Insurance in New York for 2025)
3. Adult Drivers
Our analysis of 40-year-old adult drivers found that NYCM has the cheapest car insurance in New York, with an average cost of $1,106 per year or $92 per month for full coverage.
| Company | Median Annual Rate | Median Monthly Rate |
|---|---|---|
| NYCM | $1,106 | $92 |
| Progressive | $1,277 | $106 |
| Erie | $1,372 | $114 |
| Preferred Mutual | $1,388 | $116 |
| Travelers | $1,602 | $134 |
Source: Nerdwallet (Cheapest Car Insurance in New York for 2025)
4. Senior Drivers
Progressive offers the cheapest car insurance for senior-age drivers in New York, with an average full coverage cost of $1,396 per year or $116 per month.
| Company | Median Annual Rate | Median Monthly Rate |
|---|---|---|
| Progressive | $1,396 | $116 |
| Erie | $1,407 | $117 |
| NYCM | $1,454 | $121 |
| Preferred Mutual | $1,545 | $129 |
| Travelers | $1,700 | $142 |
Source: Nerdwallet (Cheapest Car Insurance in New York for 2025)
Note: Auto insurance costs vary by gender. Males are considered a greater liability than females, which makes the cost of insuring them slightly higher.
Cheapest Auto Insurance, New York: By Driving Record
A clean driving record is the best way to maintain the lowest car insurance rate in New York. Insurers recognize you as a low-risk driver and reward you with a cheaper premium. Conversely, motorists with violations on their driving record pay more for coverage because insurers see them as a higher risk.
1. Clean Record
The Statewide Average premium charges drivers with a clean record $2,769 per year, a figure that doubles the sample premium of $1,333 that Progressive offers.
| Company | With a Clean Record |
|---|---|
| Progressive | $1,333 |
| Kemper | $1,682 |
| USAA | $1,813 |
| Geico | $1,899 |
| Erie Insurance | $1,954 |
| NYCM Insurance | $2,133 |
| Statewide Average | $2,769 |
2. Speeding Ticket
When drivers choose Progressive, they save over $1,700 annually on insurance, compared to the Statewide Average premium of $3,085 per year for a single speeding violation.
| Company | With 1 Speeding Violation |
|---|---|
| Progressive | $1,371 |
| Kemper | $2,084 |
| USAA | $1,964 |
| Geico | $2,134 |
| Erie Insurance | $2,191 |
| NYCM Insurance | $2,813 |
| Statewide Average | $3,085 |
3. At-Fault Accident
Our analysis confirms that Progressive charges drivers with one accident a sample premium of $1,333 annually.
| Company | With 1 Accident |
|---|---|
| Progressive | $1,333 |
| Kemper | $2,326 |
| USAA | $1,964 |
| Geico | $2,134 |
| Erie Insurance | $1,954 |
| NYCM Insurance | $2,133 |
| Statewide Average | $3,071 |
4. DUI
Progressive charges drivers with one DUI the lowest sample premium of $1,398 annually.
| Company | With 1 DUI |
|---|---|
| Progressive | $1,398 |
| Kemper | $2,390 |
| USAA | $2,567 |
| Geico | $4,949 |
| Erie Insurance | $3,073 |
| NYCM Insurance | $3,060 |
| Statewide Average | $4,293 |
Source: USNews (Cheapest Car Insurance in New York for 2025)
Cheapest Car Insurance, New York: By Annual Mileage
Our analysis found that Progressive provides the lowest sample premium, $1,333 per year, to drivers regardless of their mileage category.
| Company | Low Mileage | High Mileage |
|---|---|---|
| Progressive | $1,333 | $1,333 |
| Geico | $1,658 | $1,899 |
| Erie Insurance | $1,672 | $1,954 |
| Kemper | $1,692 | $1,692 |
| USAA | $1,749 | $1,813 |
| NYCM Insurance | $2,071 | $2,133 |
| State Farm | $2,361 | $2,746 |
| Statewide Average | $2,593 | $2,769 |
Source: USNews (Cheapest Car Insurance in New York for 2025)
Cheapest Car Insurance in New York by Credit History
Geico and USAA offer the best value. They charge a single, low rate, $2,439 and $3,503 annually, respectively, for all drivers, regardless of their credit history.
| Company | Poor Credit | Good Credit |
|---|---|---|
| Geico | $2,439 | $2,439 |
| USAA | $3,503 | $3,503 |
| Erie Insurance | $3,995 | $3,995 |
| Chubb Ltd Grp | $4,384 | $4,384 |
| Kemper | $4,500 | $4,500 |
| Preferred Mutual Insurance | $4,718 | $4,718 |
| NYCM Insurance | $4,951 | $4,951 |
| Allstate | $5,494 | $5,494 |
| Statewide Average | $5,817 | $5,817 |
Source: USNews (Cheapest Car Insurance in New York for 2025)
Save on Car Insurance Today
EExplore and compare rates from over 50 top insurance companies, including Progressive, Travelers, AAA, and Nationwide, to find the best car insurance deals. Car dealership
Get Your Free Quote- No lengthy forms
- No spam or unwanted calls
- Quotes from trusted insurance providers
Factors Affecting Insurance Rates in New York
1. Your Driving History (The Biggest Factor)
This is the most important factor, as your past behavior is the best predictor of your future risk. Insurers heavily scrutinize New York motorists on:
- Accidents and Tickets: Every violation, especially speeding tickets and at-fault accidents, raises your premium because it proves you're a higher risk. Always avoid speeding tickets to keep your premiums low.
- DUI/DWI: A serious offense like a DUI can more than double your rate and make it difficult to get auto insurance coverage.
- Experience: New drivers (under age 25) pay the most because they have less experience and a statistically higher accident rate than any other age group.
2. Where You Live (Your Location Matters)
Your ZIP code is a critical factor in determining your auto insurance premiums.. New York car insurance rates are highly sensitive to location.
- Urban vs. Rural: If you live in a dense area like New York City, you'll pay more than someone in a rural upstate area because city life means more traffic, more accidents, and higher rates of theft and vandalism.
- Commute: If you have a long daily commute, you’re on the road more and therefore pay a higher rate than a driver who only uses their car for occasional errands.
3. Your Personal Details
Insurers use demographics and credit history to create a statistical profile.
- Credit-Based Insurance Score: In New York, insurers use your credit history to create a proprietary insurance score. People with lower scores statistically file more claims, so they pay a higher premium. This relates to your overall financial stability.
- Age and Marital Status: Rates are highest for the very young and start to increase again for drivers over age 70. Married drivers often get lower rates, as they’re statistically considered less risky.
4. Your Coverage Choices
This is the area you directly control, and it's the fastest way to save money while ensuring financial protection with quality coverage.
- Policy Limits: The higher the liability limits you choose, the more expensive your policy is. Choosing only the minimum liability coverage will get you the absolute cheapest auto insurance New York can offer, but it exposes you to massive financial risk after a serious accident.
- Deductibles: The deductible is what you pay out-of-pocket before insurance kicks in. Choosing a higher deductible (e.g., $1,000 instead of $500) lowers your monthly bill significantly.
- Extra Coverage: Adding options like Comprehensive (for theft/weather) or Collision Coverage (for repair costs to your driver's car) increase the cost of your policy. If you have a car loan or a new car, consider gap insurance. You may also want roadside assistance.
Risks of Getting Minimum Coverage
Minimum coverage offers the cheapest option, but it provides only the bare minimum protection required by your state, meaning you accept significant financial risk. In a serious accident, minimum coverage may not fully cover you. This exposes you to medical expenses, lost wages, or property damage that could quickly exceed your limits. We recommend adding uninsured or underinsured motorist coverage to fully protect you if an accident involves a driver without sufficient insurance.
Tips to Lower Your Car Insurance Premiums in New York
- Shop Around: Always compare quotes from different insurance providers to ensure you’re getting the best rate.
- Increase Your Deductible: A higher deductible often means lower premiums.
- Bundle Policies: Combining auto insurance with home insurance from the same provider can lead to significant savings.
- Take Advantage of Discounts: Look for car insurance discounts like low mileage, anti-theft devices, or good driver discounts.
Additional Resources for New York Drivers
- New York DMV: The New York Department of Motor Vehicles provides guidelines on minimum auto insurance requirements and insurance card regulations.
- No-Fault State: As a no-fault state, New York requires drivers to carry personal injury protection (PIP), which covers medical bills and lost wages regardless of who’s at fault in an accident. Lost wages refer to the income and employment-related benefits an individual is unable to earn due to a personal injury (such as one sustained in a car accident) that prevents them from working.
FAQs About the Cheapest Auto Insurance in New York
Can I Get Cheap Car Insurance in New York if I Have Poor Credit?
Yes, but poor credit can make insurance more difficult to secure. Insurance companies may charge drivers with poor credit higher rates, but some insurers, such as Geico and Progressive, still offer relatively affordable options.
What Types of Car Insurance Coverage Should I Have in New York?
New York requires drivers to carry liability insurance, but we recommend full coverage car insurance (which includes collision and comprehensive coverage) for better protection.
Are There Discounts Available for New York Drivers?
New York drivers can access various discounts, including discounts for good driving, low mileage, and bundling policies.
Save on Car Insurance Today
EExplore and compare rates from over 50 top insurance companies, including Progressive, Travelers, AAA, and Nationwide, to find the best car insurance deals. Car dealership
Get Your Free Quote- No lengthy forms
- No spam or unwanted calls
- Quotes from trusted insurance providers
