Searching for cheap auto insurance in New York is much harder than most people anticipate since there are so many providers claiming to offer the most affordable rates. Ultimately, the best fit for your budget and needs will depend on your driver profile.
To help you save time (and reduce your premiums), our Geeks evaluated the insurance quotes of nine top providers to find low cost auto insurance for:
Best Rates For Drivers With No Recent Accidents
Have you been driving for several years without any accidents? If so, there’s a good chance that you’ll qualify for cheap insurance rates because companies will classify you as a safe driver who doesn’t carry much liability.
Best Rates For Teen Drivers
Teenagers have much higher crash rates than drivers in older age groups. This translates into higher insurance premiums. To find the cheapest car insurance for teens in New York, our Geeks averaged the monthly rates for an 18-year-old male and female who had a clean record and were shopping for coverage that met the state’s minimum requirements.
Best Rates For Drivers With A DWI Or DUI
Getting arrested for DWI or DUI is one of the most expensive mistakes a person can make. A conviction can stay on your record and affect your premiums for 15 years or more. Fortunately, since so many drivers have been convicted of drunk driving, insurance companies have begun to offer competitive rates to motorists in this category to attract more customers. Our data showed that Allstate and State Farm offered the cheapest car insurance for drivers with a DWI in New York.
Best Rates For Senior Drivers
Seniors typically drive less mileage each year than younger motorists. As a result, they tend to have an advantage when comparing cheap car insurance rates in New York. Our team found that Progressive offers very competitive premiums for drivers in this age group, followed closely by Allstate.
The default motorist in our study is 29. The car is a 2014 Toyota Corolla that is driven 12,000 miles each year. The monthly premiums of males and females from five zip codes in New York were averaged to estimate the monthly premiums for each driver category. Our senior driver drove 4,000 miles per year and was age 65. Besides the teenage driver category, our estimates include liability coverage limits of 50/100/25 and the same limits for uninsured motorist coverage.
How Much Auto Insurance Are Drivers In New York Required To Purchase?
In New York, drivers are required to carry auto insurance coverage that meets these minimum limits:
- Coverage For Bodily Injuries To One Individual: $25,000
- Coverage For Bodily Injuries Per Wreck: $50,000
- Coverage For Property Damage: $10,000
- Personal Injury Protection Per Collision: $50,000
- Uninsured Motorist Bodily Injury (UMBI) Coverage Per Person: $25,000
- UMBI Coverage Per Accident: $50,000
Will My New York Car Insurance Company Increase My Rates After A Collision That Someone Else Caused?
Probably. If you were involved in a collision that another driver caused, it is still likely that your car insurance provider will increase your rates. This is because liability (fault) is often unclear since it is common for multiple drivers to share fault in a collision.
6 Common Reasons Why Auto Insurance Companies Increase Premiums
Most drivers would jump at the chance to save on car insurance. Besides asking your provider about discounts, you may be able to cut your monthly premiums by avoiding scenarios when your insurer would increase your monthly rates. Examples include:
- You were involved in an accident;
- You were found guilty of driving under the influence;
- You were cited for a traffic offense;
- You purchased a car with a higher claim rate or more horsepower;
- You changed your residence; or
- You’re adding another driver to your policy.
What Is The Most Important Step To Take Following A Collision?
The most critical step after a wreck is to seek medical help for yourself and anyone else who was injured. If you were not injured, be sure to exchange contact and insurance information with all drivers involved, record the contact details of eyewitnesses, and take pictures of the scene. But don’t forget that your number-one concern should be your safety and the safety of others.