Would you like an easy way to compare the cheapest insurance rates in Middletown, NY? Nobody I know gets a kick out of paying for insurance, especially when the cost is too high.
Sadly, a large majority of drivers kept their coverage with the same insurance company for at least four years, and nearly the majority have never compared rates with other companies. Consumers in the United States can cut their rates by nearly 47% a year by just comparing quotes, but they just feel it's too hard to compare rate quotes online.
Companies like State Farm, Farmers Insurance, GEICO and Allstate constantly blast consumers with catchy ads and it can be hard to separate fact from fiction and take the time to shop coverage around.
Best companies for New York auto insurance
The companies in the list below have been selected to offer free rate quotes in New York. If multiple companies are listed, we suggest you click on several of them to get the lowest price.
|Make, Model, and Trim Level||Annual Policy Premium||6-month Policy Premium||Monthly Premium|
|Chevrolet Equinox LTZ AWD||$860||$430||$72|
|Chevrolet Silverado LT Extended Cab 4WD||$740||$370||$62|
|Dodge Grand Caravan CV||$1,062||$531||$89|
|Dodge Ram Crew Cab ST 2WD||$946||$473||$79|
|Ford Escape Limited 2WD||$896||$448||$75|
|Ford F-150 XL Super Cab 2WD||$724||$362||$60|
|Ford Focus SE 2-Dr Coupe||$782||$391||$65|
|Ford Fusion Hybrid 4-Dr Sedan||$1,058||$529||$88|
|Honda Accord EX-L 4-Dr Sedan||$566||$283||$47|
|Honda CR-V EX-L 4WD||$702||$351||$59|
|Honda Civic DX 4-Dr Sedan||$678||$339||$57|
|Honda Odyssey EX-L W/Navigation||$754||$377||$63|
|Hyundai Elantra Blue 4-Dr Sedan||$922||$461||$77|
|Jeep Grand Cherokee Limited 4WD||$890||$445||$74|
|Nissan Altima Hybrid 4-Dr Sedan||$750||$375||$63|
|Toyota Camry SE||$982||$491||$82|
|Toyota Corolla LE||$742||$371||$62|
|Volkswagen Jetta LE 4-Dr Sedan||$712||$356||$59|
|Get Your Own Custom Quote Go|
Above prices assume married female driver age 40, no speeding tickets, no at-fault accidents, $500 deductibles, and New York minimum liability limits. Discounts applied include multi-policy, claim-free, safe-driver, homeowner, and multi-vehicle. Rates do not factor in Middletown location which can increase or decrease coverage rates considerably.
The hardest decision when buying coverage is what deductibles to buy. The comparisons below can help you understand the difference in cost when you choose different physical damage deductibles. The first data set uses a $250 physical damage deductible and the second price table uses a $500 deductible.
Toyota Corolla 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|
|Get a Quote for Your Vehicle Go|
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Get a Quote for Your Vehicle Go|
Data variables include married male driver age 30, no speeding tickets, no at-fault accidents, 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 your specific Middletown location which can modify premium rates greatly.
Based on the above data, using a $250 deductible will cost you about $12 more each month or $144 every year than choosing the higher $500 deductible. Since you would pay $250 more to file a claim with a $500 deductible as compared to a $250 deductible, if you go more than 21 months between claim filings, you would save money if you choose a higher deductible.
Impact of careless driving on Middletown car insurance rates
The diagram below demonstrates how speeding tickets and fender-benders drive up Toyota Camry insurance rates for different age groups of insureds. The data assumes a single male driver, comprehensive and collision coverage, $500 deductibles, and no policy discounts are applied.
Toyota Camry rates are for example purposes only. To get rates for your specific vehicle, click here.
Price comparison of only insuring for liability
The information below shows the difference between Chevrolet Silverado auto insurance costs with full physical damage coverage compared to only buying liability only. The data assumes a clean driving record, no claims, $100 deductibles, single female driver, and no other discounts are factored in.
Chevrolet Silverado rates are for example purposes only. To get rates for your specific vehicle, click here.
Should you pay for full coverage?
There is no set rule that is best for determining when to drop comp and collision coverage, but there is a guideline you can consider. If the yearly cost of comp and collision coverage is more than 10% of the replacement cost of your vehicle minus the policy deductible, then it might be time to consider dropping full coverage.
For example, let's say your Chevrolet Silverado replacement cost is $7,000 and you have $1,000 full coverage deductibles. If your vehicle is damaged in an accident, you would only receive $6,000 after the policy deductible has been paid. If you are paying more than $600 a year for your policy with full coverage, then it could be time to drop full coverage.
There are a few situations where buying only liability insurance is not a good plan. If you still have a loan on your vehicle, you are required to maintain full coverage as part of the loan conditions. Also, if your finances do not allow you to purchase a different vehicle in the event your current vehicle is totaled, you should not buy liability only.
Take advantage of every insurance discount
Buying insurance is not cheap, but companies offer discounts that can drop the cost substantially. Certain credits will be shown when you quote, but some discounts are required to be requested specifically before you get the savings.
- Discount for Life Insurance - Select insurance companies reward you with better prices if you take out auto and life insurance together.
- Active Service Discounts - Being deployed in the military could trigger a small discount.
- Passive Restraints - Vehicles equipped with air bags and/or automatic seat belt systems can receive discounts as much as 30%.
- Discount for Swiching Early - Some insurance companies provide a discount for signing up prior to your current policy expiring. Ten percent is about the average savings.
- Student Discounts - A discount for being a good student may save as much as 25% on a Middletown auto insurance quote. You can use this discount normally up until you turn 25.
- Online Discount - A handful of companies may give you up to $50 simply for signing digitally online.
- Multi-policy Discount - If you combine your auto and home policies with one insurance company they may give you a discount of up to 20% and get you inexpensive Middletown auto insurance.
- Anti-lock Brakes - Cars, trucks, and SUVs with anti-lock braking systems have fewer accidents and the ABS can save up to 10%.
Don't be shocked that most discount credits are not given to the entire cost. Some only reduce the cost of specific coverages such as liability, collision or medical payments. Even though the math looks like all those discounts means the company will pay you, insurance companies aren't that generous.
A list of insurance companies and their possible discounts can be found below.
- 21st Century may offer discounts for early bird, theft prevention, defensive driver, good student, and air bags.
- State Farm may have discounts that include Steer Clear safe driver discount, Drive Safe & Save, multiple policy, good driver, accident-free, and multiple autos.
- AAA offers discounts including multi-car, AAA membership discount, pay-in-full, education and occupation, good student, and anti-theft.
- Liberty Mutual offers discounts for new graduate, new vehicle discount, newly retired, new move discount, teen driver discount, hybrid vehicle, and good student.
- Progressive offers premium reductions for good student, online signing, continuous coverage, homeowner, and online quote discount.
When quoting, ask every company how you can save money. Some credits may not apply to policyholders in your state.
How to know if you need help
Always keep in mind that when comparing coverage online or from an agent for your personal vehicles, there is no "perfect" insurance plan. Coverage needs to be tailored to your specific needs.
These are some specific questions may help highlight if your situation would benefit from an agent's advice.
- Are there companies who specialize in insuring high-risk drivers?
- Are my tools covered if they get stolen from my vehicle?
- Am I covered if I have no license?
- What is the difference between comprehensive and collision coverage?
- How much liability do I need to cover my assets?
- Should I drop comprehensive coverage on older vehicles?
- What is no-fault insurance?
- Can I get a multi-policy discount for packaging my home and auto coverage?
- What does roadside assistance cover?
If you're not sure about those questions but one or more may apply to you, then you may want to think about talking to an agent. To find lower rates from a local agent, fill out this quick form.
Learn about insurance coverages
Having a good grasp of insurance can be of help when determining which coverages you need at the best deductibles and correct limits. Insurance terms can be confusing and even agents have difficulty translating policy wording.
Coverage for medical payments - Med pay and PIP coverage kick in for immediate expenses for ambulance fees, chiropractic care and rehabilitation expenses. They can be used to cover expenses not covered by your health insurance policy or if you do not have health coverage. Medical payments and PIP cover you and your occupants as well as getting struck while a pedestrian. Personal injury protection coverage is only offered in select states but can be used in place of medical payments coverage
Collision - Collision insurance pays for damage to your vehicle from colliding with another vehicle or an object, but not an animal. You have to pay a deductible then your collision coverage will kick in.
Collision can pay for things such as crashing into a ditch, colliding with a tree, sideswiping another vehicle, sustaining damage from a pot hole and crashing into a building. Collision is rather expensive coverage, so consider removing coverage from lower value vehicles. It's also possible to bump up the deductible to save money on collision insurance.
Comprehensive coverages - This coverage covers damage that is not covered by collision coverage. You need to pay your deductible first and then insurance will cover the rest of the damage.
Comprehensive coverage pays for things like hail damage, rock chips in glass and falling objects. The most you'll receive from a claim is the cash value of the vehicle, so if the vehicle's value is low consider dropping full coverage.
Uninsured and underinsured coverage - This provides protection from other motorists when they are uninsured or don't have enough coverage. Covered claims include injuries to you and your family as well as your vehicle's damage.
Because many people have only the minimum liability required by law (which is 25/50/10), it only takes a small accident to exceed their coverage. This is the reason having UM/UIM coverage is very important. Frequently your uninsured/underinsured motorist coverages are set the same as your liability limits.
Liability insurance - This coverage protects you from damage or injury you incur to other's property or people in an accident. This insurance protects YOU from claims by other people, and does not provide coverage for your own vehicle damage or injuries.
Liability coverage has three limits: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You commonly see policy limits of 25/50/10 that translate to $25,000 bodily injury coverage, $50,000 for the entire accident, and a limit of $10,000 paid for damaged property. Alternatively, you may have one limit called combined single limit (CSL) which limits claims to one amount rather than limiting it on a per person basis.
Liability coverage pays for claims such as repair bills for other people's vehicles, funeral expenses, structural damage and medical services. How much coverage you buy is a personal decision, but consider buying as large an amount as possible. New York state law requires minimum liability limits of 25/50/10 but you should think about purchasing better liability coverage.
Lower rates by being persistent
More affordable car insurance in Middletown is definitely available from both online companies in addition to many Middletown insurance agents, so you should be comparing quotes from both to have the best selection. Some insurance providers do not provide online quoting and many times these small insurance companies sell through independent agents.
When getting Middletown auto insurance quotes online, never buy lower coverage limits just to save a few bucks. There have been many situations where drivers have reduced comprehensive coverage or liability limits and discovered at claim time that saving that couple of dollars actually costed them tens of thousands. The proper strategy is to get the best coverage possible at the best possible price.
In this article, we covered a lot of techniques to save on car insurance in Middletown. The key thing to remember is the more rate quotes you have, the better chance you'll have of finding the cheapest Middletown auto insurance quotes. You may even find the best price on car insurance is with a small local company.
Even more information is available by following these links:
- Red Light Cameras (State Farm)
- Who Has Cheap Car Insurance for Seniors in New York? (FAQ)
- Who Has Affordable Car Insurance for a Ford Escape in New York? (FAQ)
- Who Has Affordable Car Insurance Quotes for a Kia Forte in New York? (FAQ)
- What is the Cheapest Car Insurance in Tonawanda, New York? (FAQ)
- What is the Best Cheap Auto Insurance in Niagara Falls, NY? (FAQ)
- How Much is Car Insurance for a Chevrolet Equinox in New York? (FAQ)
- What is the Best Cheap Car Insurance in Mount Vernon, NY? (FAQ)
- What Insurance is Cheapest for College Students in New York? (FAQ)
- Uninsured Motorist Statistics (Insurance Information Institute)
- Warning systems don't curb driver distraction (Insurance Institute for Highway Safety)