Free Auto Insurance Comparison. If you consider the New York metro area, the rate improves to 51.9 percent. In addition to the make and model of your car, vehicle history also comes into play. According to an Allstate study on driver behavior, New York City was ranked 107 out of 200 cities in the country. Enter your zip code in the field below: Copyright © All right reserved. Finding the cheapest rate might be a logical thing to do. However, insurance companies also consider the car you drive, road conditions, traffic congestion, and the likely risk of theft in your location. According to DataUSA, the median age of New Yorkers is 36.6 years. In this guide, we will cover all the factors that affect your auto insurance rates. In this section, we will talk about how these factors impact your insurance factor. We can expect the insurance rate to tend toward the average around the median age. Your credit score will play a major role in your New York City, NY car insurance rates unless you live in these states where discrimination based on credit is not allowed: California, Hawaii, Massachusetts, and North Carolina. To begin calculating your rates here on our website, scroll up to the top of this page and enter your zip code. The city also capped the number of mobile food vendor permits to 4,000; however, the total number of vendors operating in the city is more than 12,000. New York City has several neighborhoods that may have some unique parking laws. Average Car Insurance Rates for Drivers With One Accident. According to DataUSA, the median household income in New York City is $60,879, whereas, for the New York metro area, the median household income is $75,368. Editor-in-Chief. More than 55 percent of commuters prefer to take public transit to work, while only 22 percent prefer to drive. Free Car Insurance Comparison. Average Car Insurance Rates in New York City. The car you drive might be the most telltale sign of how much you are going to be paying for car insurance. } QUICK QUOTE It's easy to choose us when … The top universities in the city include New York University, Colombia University, State University of New York, and the City University of New York. Comparison shopping should be easy. @media (max-width: 40em) { Mathew B. Sims is Editor-in-Chief and has authored, edited, and contributed to several books. Or log in to retrieve your previous quotes. The most common factors insurance companies will look at when determining your premiums include your age, gender, driving history, and your vehicle. According to the Metro Monitor Report by the Brookings Institution, the New York Metro area is ranked 22nd in the country for growth and 30th for prosperity. You can find the top 10 repair shops in Manhattan on their website. According to a report published by the New York City Department of Transportation, there has been a drop in crashes and injuries after the city installed speed cameras. Car insurance in New York is more expensive than the national average, which is around $1,500 annually for According to the Federal Highway Administration, New York has some of the busiest highways in the country. In this section, we talk about some of these famous roads and their conditions. Required fields are marked *, I would like some information on new York motor insurance I’ve been with usaa for 25 years without a problem but in the last 1.5 years I’ve had a problems I’ve been in 5 accidents 4 of them being totaled I’m looking at progressive but know if they will take me or not. According to the U.S. Department of Transportation, only a few railway-related accidents were reported in the different boroughs of New York City. New Jersey Turnpike connects through the South and extends from George Washington Bridge. Is Liberty Mutual Auto Insurance Good for NY Drivers? There is a debate in the country to remove gender from impacting insurance rates. State Farm. He has also been featured on sites like UpJourney. We're here to help you with all your car insurance calculator needs. $1,229. These are the optional coverages you can consider: However, play smart and pick only the options that are relevant for you. Controlling these risk factors will ensure you have the cheapest New York City, NY car insurance. He has been working in the insurance industry ensuring content is accurate for consumers who are searching for the best policies and rates. The stereotype that women are worse drivers than men might not actually be true. The fare for a single subway or bus ride is $2.75. The city has some of the most congested streets in the country. According to the Office of the New York State Comptroller, New York City is the largest municipal economic area in the country — ahead of Los Angeles and Chicago. The top three universities in the city are: Various universities awarded 147,960 degrees in 2016. Take a look at the following table to understand the impact of driving record on your insurance rates: As you can see in the table, insurance companies tend to take driving records seriously. Car insurance in New York is expensive because it's a no-fault state with a high rate of insurance fraud. This growth is NYC has resulted in the all-time lowest unemployment rate. Find the cheapest New York City, New York car insurance rates by credit score below. New York City, NYC Average Annual Car Insurance Rates; Coverage Men Women; Liability: $836: $958: Collision: $379: $393: Comprehensive: $71: $71: Total Cost Per Year: $1,286: $1,421: Price Per Month: $107: $118: These average rates are based on our sample quote data. Which city you live in will have a major affect on car insurance. You also need to keep in mind the minimum mandatory coverage required under the law. New Yorkers love their cars so much so the city has amongst the highest cars per capita in the world. MAKE A PAYMENT Pay your bill through our secure online process. background: none; Farmers. Compare that to a sedan, which might be only $1,400 to insure, or even sportscars like … If you pose a higher risk, insurance companies will charge a higher premium. .quote-new-360-mda .responsive-mda .mda-contents { margin: 10px 0% 30px 0%; max-width: 100%; } How Much Does Car Insurance Cost for a 18-Year-Old in New York? ZIP code. Where you live in New York will undoubtedly impact your car insurance rate. Find more info about the monthly New York City, NY auto insurance rates by ZIP Code below: The address you provide is critical for your insurer to assess your rate correctly. E.g., if you commit a DUI, insurance companies will increase your premium rate by $3,800 on average. Own. The National Highway Traffic Safety Administration gave it five stars, whereas the Insurance Institute of Highway Safety gave four stars. The five boroughs of New York are spread over a few islands and connected through a system of twelve bridges and tunnels. As discussed, your insurance rate on average drops drastically — by around $9,000 as you reach age 25. In fact, auto insurance is cheaper if you’re married. You can only park your vehicle in a non-metered location to sell food. Depending on this information, you can decide which companies suit your requirements the best. New York has many of the country’s leading institutions within its city limits. According to the Allstate report, an average New York motorist used hard braking 32.5 times a year, whereas the national average was 27.8. You can use the following table to find the average rate in your zip code: Now that you know the average premium rate in your zip, you can start thinking about which companies are best for you. Some residents argue that speed cameras are a gross violation of their fundamental rights, though some believe they have helped reduce the number of crashes and injuries in school zones. Did you know that NYC was the capital of our country for five years between 1785-1790? How much is car insurance in New York City? @media (max-width: 985px) { Considering the stakes, it's worthwhile to do your due diligence to obtain an insurance policy that protects your vehicle adequately after a collision. A new bill seeks to open the city to e-scooters and e-bikes. Car insurance minimum liability limits vary by state, plus some states require additional coverages, such as uninsured motorist & personal injury protection. Your daily commute and credit score will also play a role in determining your insurance rate. Standard of living: +7.3 percent (20th of 100), Average annual wage: +7.8 percent (49th of 100). The last one also shares a name with the city’s biggest lake, making this company even more quote-worthy. Compare car insurance quotes. Unfortunately, car theft is a widespread occurrence in the Big Apple. The premium rates previously mentioned are average figures and may not apply to you. Not only are there a lot of pedestrians and cyclists to share the streets with, but there are several speed traps around the city. Tips for Lowering Your Insurance Costs in New York, Reckless Driving (Estimated 15%-20% increase), Driving without a valid license (10% increase), Check Insurance Costs for your City or Borough, Bundle Auto Insurance with Other Policies, Leverage Age, Marital and Academic Discounts. You don’t have to buy all the options with your policy. Here are the rates offered by various insurers for different coverage levels: Most of the companies charge $1,000 or more for a high level of coverage. This is a new tool that is not used nearly as often as it should be. $1,842. CLAIMS CENTER Our 24/7 claims services are designed to give you the quickest assistance possible whenever you need us. From the Empire State Building to the Statue of Liberty to Times Square, the city has many iconic structures and places, the images of which have defined our country for decades. Insurance companies offer a variety of products and services to consumers. We partnered with Quadrant Data Solutions (Quadrant), to understand the impact age has on the insurance rate. Allstate may charge more than $2,000 if you choose to purchase a high coverage policy. All insurance rates, products, and services are presented without warranty and guarantee. What is your ZIP code? Travelers. In this section, we want to highlight the options and rates for the men and women in uniform. Which are the most dangerous in New York City? However, New York is the city that invented the term “gridlock.” You tend to waste time waiting in traffic in the Big Apple. They are: While there are ways to get these points removed from your license and get these violations removed from your permanent record, it’s often times more trouble than it’s worth. Unsure where to start with auto insurance? If car insurance companies are declining to offer you coverage due to DUIs, crashes or other factors, you could qualify for car insurance through the New York Automobile Insurance … Here is the map of the network of roads connecting New York. However, renting one in Manhattan will remain illegal. It is understandable given the congestion in the city, coupled with high insurance costs. Nevertheless, the City has stopped the speed light camera program for now. Expensive cars will also cost more to repair in the event of an accident. Nationwide. Here is the list of major roads and expressways connecting New York: New York City is one of the most visited cities in the world. What’s the Best Car Insurance Company in New York City? One car insurance risk factor within your control is your driving history. Because of data like this, men can expect to pay more for car insurance than women. Gross metropolitan product (GMP): +12.7 percent (37th of 100), Jobs at young firms: -0.5 percent (12th of 100). The median property price in the New York metro area is $413,200. According to, New York has a relatively high crime index. The next two pages will ask you for some basic information about yourself and your vehicle. Is Erie Insurance Good for New York Drivers? To find which car insurance company offers the lowest rates, our study used representative driver profiles with good credit, medium insurance coverage, a clean driving record, and 12,000 miles of annual mileage. Just like any other city in the world, there are safe and less-safe neighborhoods in the large metropolis. You should drive carefully in the city. However, New York still allows for gender-based pricing. The city’s allure comes from the culture, architecture, food, fashion, and shopping opportunities it has to offer to the visitor. A 2017 Jeep Wrangler starts at a base price of $23,995. By the third page, your insurance quote will already be in the process of being calculated and you will then receive premium rates from the top insurance companies in the US. Contrary to the national average, most households in the city do not own a car. The City of New York enforces more than 2,000 red-light cameras to monitor violations. Factors such as your credit score, driving record, annual mileage are not city-specific in determining your car insurance rates. New York is the only city in the country with an extensive public university system. The high percentage of roads in poor condition results in added wear and tear. In New York, the majority of military personnel and veterans have served in Vietnam and the Second Gulf War. Men are also more likely to drink and drive, drive with reckless abandon, and even drive without wearing their safety belt. Reviewed by The owner of the car is responsible for the ticket issued by the red-light camera. Providing incorrect data can amount to insurance fraud. To know more about the road conditions and closures, you can access the official Traffic, Travel, and transit website. This information may be different than what you see when you visit an insurance provider, insurance agency, or insurance company website. The study revealed that higher education does lead to a lower claim risk. With 1 accident. background: none; Does Your City Use Speeding or Red-Light Cameras? The vehicles used in our study were the 2015 Honda Civic, 2015 Toyota RAV4, and 2015 Ford F-150. The recent 3-series are also not only fuel-efficient, as they return around 26 mpg, but BMW has equipped the cars with the latest technology.