Would you like to find more competitive insurance rates in New York City, NY? Trying to find low-cost insurance for a car in New York can normally be difficult, but you can learn the following methods to find lower rates.
There are more efficient ways to buy insurance and you need to know the proper way to compare rates on a and get the cheapest rates from both online companies and New York City agents.
Best companies for low-cost prices in New York
The companies in the list below have been selected to offer price quotes in New York. If multiple companies are listed, we suggest you visit two to three different companies to find the most affordable auto insurance rates.
|Make, Model, and Trim Level||Annual Policy Premium||6-month Policy Premium||Monthly Premium|
|Chevrolet Silverado LS Extended Cab 2WD||$826||$413||$69|
|Dodge Ram Quad Cab Sport 2WD||$1,064||$532||$89|
|Ford Escape XLS 2WD||$694||$347||$58|
|Ford F-150 Lariat Crew Cab Harley 2WD||$974||$487||$81|
|Ford Focus SEL 4-Dr Sedan||$632||$316||$53|
|Honda Accord LX 4-Dr Sedan||$668||$334||$56|
|Honda CR-V LX 4WD||$680||$340||$57|
|Honda Civic DX 2-Dr Coupe||$970||$485||$81|
|Honda Odyssey LX||$1,032||$516||$86|
|Hyundai Elantra SE Touring Station Wagon||$860||$430||$72|
|Hyundai Sonata GLS 4-Dr Sedan||$780||$390||$65|
|Jeep Grand Cherokee Limited 4WD||$1,148||$574||$96|
|Kia Optima EX||$926||$463||$77|
|Nissan Altima 2.5 S 2-Dr Coupe||$916||$458||$76|
|Toyota Camry Hybrid||$798||$399||$67|
|Toyota Corolla LE||$870||$435||$73|
|Toyota Tacoma 4WD||$950||$475||$79|
|Get Your Own Custom Quote Go|
Data rating is based on single female driver age 40, no speeding tickets, no at-fault accidents, $250 deductibles, and New York minimum liability limits. Discounts applied include multi-policy, claim-free, safe-driver, homeowner, and multi-vehicle. Rate quotes do not factor in vehicle garaging location which can alter premium rates considerably.
Higher deductibles lower rates
A question often asked by New York City drivers is how high or low should comp and collision deductibles be. The premium rates below may help you to understand how much more you'll pay between low and high comp and collision deductibles. The first rate comparisons uses a $250 physical damage coverage deductible and the second data table uses a $500 deductible.
Nissan Sentra rates are for example purposes only. To get rates for your specific vehicle, click here.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Sentra 2.0 S||$178||$406||$264||$16||$80||$969||$81|
|Sentra 2.0 SR||$178||$406||$264||$16||$80||$969||$81|
|Sentra 2.0 SL||$204||$406||$264||$16||$80||$995||$83|
|Sentra SE-R SPEC V||$204||$468||$264||$16||$80||$1,057||$88|
|Get a Quote for Your Vehicle Go|
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Sentra 2.0 S||$144||$328||$264||$16||$80||$832||$69|
|Sentra 2.0 SR||$144||$328||$264||$16||$80||$832||$69|
|Sentra 2.0 SL||$166||$328||$264||$16||$80||$854||$71|
|Sentra SE-R SPEC V||$166||$378||$264||$16||$80||$904||$75|
|Get a Quote for Your Vehicle Go|
Premium data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and New York minimum liability limits. Discounts applied include homeowner, claim-free, multi-policy, safe-driver, and multi-vehicle. Price estimates do not factor in vehicle garaging location which can affect price quotes significantly.
Based on the figures above, using a $250 deductible costs an average of $12 more each month or $144 every year than requesting the higher $500 deductible. Because you would pay $250 more out of your own pocket with a $500 deductible as compared to a $250 deductible, if you normally average at least 21 months between claims, you would save more money if you decide on a higher deductible.
Cheap New York City car insurance rates with discounts
Car insurance is not inexpensive, but there's a good chance there are discounts that could drop your premiums quite a bit. Certain discounts will be applied when you purchase, but a few must be specially asked for prior to getting the savings.
- Senior Citizen Discount - Mature drivers could receive better car insurance rates.
- Responsible Drivers - Insureds without accidents may save up to 50% more than their less cautious counterparts.
- More Vehicles More Savings - Purchasing coverage when you have multiple cars or trucks with the same company can get a discount on all vehicles.
- Early Renewal Discounts - Select insurance companies give a discount for signing up prior to your current policy expiring. It's a savings of about 10%.
- Good Students Pay Less - Being a good student can save 20 to 25%. Many companies even apply the discount to college students well after school through age 25.
- ABS Braking Discount - Cars, trucks, and SUVs with anti-lock braking systems are safer to drive and the ABS can save up to 10%.
A quick disclaimer, some of the credits will not apply to all coverage premiums. Most cut specific coverage prices like collision or personal injury protection. Despite the fact that it seems like you would end up receiving a 100% discount, that's just not realistic.
To see a list of companies with the best car insurance discounts in New York City in New York, click here.
Why informed consumers get better rates in New York City
Consumers need to have an understanding of some of the elements that go into determining your premiums. When you know what positively or negatively impacts premium levels, this empowers consumers to make smart changes that can earn you much lower annual insurance costs. Many things are taken into consideration when you get your auto insurance bill. Some are pretty understandable such as traffic violations, but some are not as apparent such as whether you are married or how safe your car is.
The itemized list below are some of the things used by companies to determine prices.
File claims and pay more - If you are a frequent claim filer, you should expect either higher rates or even cancellation. Companies in New York award discounts to policyholders that do not abuse their auto insurance. Your car insurance is intended for the large, substantial claims.
Better prices on safer cars - Cars with high safety ratings are cheaper to insure. Safe vehicles result in less severe injuries and lower injury rates means less claims paid which can result in lower premiums.
Where you live can impact rates - Living in a rural area has it's advantages when talking about car insurance. Fewer people means less chance of accidents and also fewer theft and vandalism claims. Drivers who live in large New York cities have more aggressive driving styles and higher rates of accident claims. Spending more time driving means more chance of being in an accident.
Higher comp and collision deductibles are cheaper - The deductibles you choose define how much you are willing to pay before your car insurance pays a claim. Insurance for physical damage to your car, also called comprehensive and collision insurance, covers damage that occurs to your car. Some examples of claims that would be covered would be collision with another vehicle, damage caused by hail, and having a roll-over accident. The more you're willing to pay, the less money you will pay for car insurance.
Marriage is a factor - Having a spouse may cut your premiums on your car insurance bill. Marriage usually means you are more stable financially and statistics show drivers who are married are more cautious.
Low stress vocation equals lower prices - Did you know your car insurance rates can be affected by your occupation? Jobs such as lawyers, architects and emergency personnel are shown to have higher rates than average in part from intense work-related stress and long work hours. Conversely, careers such as scientists, students and the unemployed pay lower than average rates.
Gender as a rate factor - Over the last 50 years, statistics have shown that men are more aggressive behind the wheel. It does not mean females are better drivers. Females and males tend to get into fender benders in similar percentages, but guys get into accidents with more damage. Not only that, but men also get higher numbers of serious violations such as reckless driving. Young males are several times more likely to be in an accident so it costs more to insure them.
Which policy gives me the best coverage?
When it comes to choosing the best car insurance coverage, there really isn't a "perfect" insurance plan. Your needs are unique to you.
For example, these questions might help in determining whether your personal situation will benefit from professional help.
- Can I afford low physical damage deductibles?
- Can I pay claims out-of-pocket if I buy high deductibles?
- Am I covered when driving on a suspended license?
- Should I buy full coverage?
- What is high-risk coverage and where do I buy it?
- Am I covered if I crash into my own garage door?
- Does car insurance cover theft of personal property?
- I have good health insurance, so how much medical payments coverage do I need?
- How much liability insurance is required?
- I have a DUI can I still get coverage?
If it's difficult to answer those questions, you may need to chat with a licensed agent. To find lower rates from a local agent, complete this form. It is quick, free and may give you better protection.
Auto insurance agents can help
Certain consumers prefer to sit down with an agent and doing so can bring peace of mind Good agents are highly skilled in risk management and will help you if you have claims. The biggest benefit of comparing insurance prices online is the fact that drivers can get cheap rate quotes and still have an agent to talk to. Supporting local insurance agents is important especially in New York City.
For easy comparison, once you complete this short form, your information is emailed to local insurance agents who will give you bids for your business. It's much easier because you don't need to contact an agency since price quotes are sent straight to your inbox. If you want to compare rates from a specific company, you would need to search and find their rate quote page and submit a quote form there.
What type of New York City car insurance agent is right for you?
If you want to buy insurance from a local agent, it's helpful to know the different types of agents from which to choose. Insurance agencies in New York City are categorized either independent agents or exclusive agents depending on their employer. Either type can insure your vehicles properly, but it's worth learning the differences since it can impact the type of agent you choose.
Independent Insurance Agents
These agents are not employed by any specific company and that is an advantage because they can write policies amongst many companies and find you cheaper rates. If prices rise, the agent simply finds a different carrier which makes it simple for you. If you are comparing insurance prices, it's a good idea to include several independent insurance agents in order to have the best price comparison. Most also write with companies you've never heard of which may provide better rates.
Featured below is a partial list of independent insurance agents in New York City that may be able to give you pricing information.
- Apple Insurance
3109 21st St - Long Island City, NY 11106 - (718) 956-0800 - View Map
- The Rey Insurance Agency, Inc.
219 N Broadway - Sleepy Hollow, NY 10591 - (914) 631-7628 - View Map
- 5 Boroughs Insurance Agency, Inc.
1110 South Ave - Staten Island, NY 10314 - (718) 766-8121 - View Map
Exclusive Insurance Agencies
Agents that elect to be exclusive can only quote rates from one company and some examples include Allstate, State Farm and Farm Bureau. They usually cannot provide prices from multiple companies so they really need to provide good service. Exclusive agents are well schooled on their company's products which helps them sell insurance even at higher premiums. Drivers often use the same agent mostly because of the brand rather than low price.
The following are New York City exclusive agents that are able to give rate quotes.
- Hector Camilo Jr - State Farm Insurance Agent
2462 Webster Ave - Bronx, NY 10458 - (347) 271-7166 - View Map
- Julio Tejada - State Farm Insurance Agent
1206 St Nicholas Ave - New York, NY 10032 - (212) 568-8100 - View Map
- Chris Tighe - State Farm Insurance Agent
105-11 Metropolitan Ave - Forest Hills, NY 11375 - (718) 268-0121 - View Map
Deciding on an auto insurance agent is decision based upon more than just a cheap quote. Any good agent in New York City should know the answers to these questions.
- Are all drivers listed on the coverage quote?
- Is their price quote a firm figure or are their hidden costs?
- Does the agent recommend any additional coverage?
- Do they regularly work with personal auto policies in New York City?
- If you have an accident, are you able to get your vehicle repaired at the shop of your choice?
- Will their companies depreciate repairs to your car based on the mileage?
- Do clients work directly with the agent or are most inquiries handled by a CSR?
If you feel you receive good answers to any questions you have and a low price estimate, it's possible that you found a car insurance agent that will insure your vehicles. But keep in mind you are entitled to cancel your coverage whenever you want so never assume that you're stuck with a policy for any length of time.
New York drivers can't get away from ads that claim the cheapest prices from the likes of 21st Century, Allstate and State Farm. All the companies advertise the message that you'll save big if you switch your policy.
How is it possible that every company can cost less than your current company? Here is the trick they use.
Different companies have a certain "appetite" for the right customer that will be a good risk. A good example of a driver they prefer may need to be over the age of 45, owns their home, and drives less than 5,000 miles a year. A driver that matches those criteria is entitled to the best price and is almost guaranteed to pay quite a bit less when switching companies.
Consumers who do not meet this ideal profile will probably have to pay higher premiums and ends up with the customer buying from someone else. The ads say "people that switch" but not "all drivers who get quotes" save that kind of money. That's why companies can state the savings.
This emphasizes why you really need to compare quotes as often as possible. It's not possible to predict which insurance companies will give you lower prices than your current company.
How much can you save?
Insureds leave their current company for many reasons like high prices, high rates after DUI convictions, questionable increases in premium or even denial of a claim. It doesn't matter what your reason, choosing a new insurance company can be easy and end up saving you some money.
As you go through the steps to switch your coverage, make sure you don't skimp on coverage in order to save money. There are a lot of situations where someone dropped collision coverage only to find out they didn't have enough coverage. Your goal is to purchase plenty of coverage at the best possible price, not the least amount of coverage.
Budget-conscious auto insurance is attainable both online as well as from independent agents in New York City, so you should compare both in order to have the best chance of saving money. A few companies may not have internet price quotes and many times these regional insurance providers only sell through independent insurance agents.
Additional detailed information is located in the articles below:
- Auto Insurance Facts and Statistics (Insurance Information Institute)
- What Car Insurance is Cheapest in Yonkers, New York? (FAQ)
- Who Has the Cheapest Auto Insurance Quotes for 19 Year Olds in New York? (FAQ)
- What Auto Insurance is Cheapest for a 20 Year Old Female in New York? (FAQ)
- What is the Cheapest Car Insurance in Buffalo, New York? (FAQ)
- Who Has Affordable New York Auto Insurance for a Jeep Grand Cherokee? (FAQ)
- Who Has Cheap Car Insurance Rates in New York? (FAQ)
- How Much are Car Insurance Quotes for State Employees in New York? (FAQ)
- Winter Driving (Insurance Information Institute)
- Vehicle Safety Ratings (iihs.org)
- Help Your Teen Be a Better Driver (State Farm)
- What to do at the Scene of an Accident (Insurance Information Institute)