HomepageInsuranceCarThe Best Car Insurance Companies in New York

The Best Car Insurance Companies in New York

Reviews.com reviews products and services to help you make well-informed choices. Although, our writers and editors follow a strict methodology for presenting information, our posts may reference products from our partners. For more information, learn how we make money. This content is powered by HomeInsurance.com (NPN: 8781838). For more information, please see our
Insurance Disclosure This content is powered powered by HomeInsurance.com, a licensed insurance producer (NPN: 8781838) and a corporate affiliate of Reviews.com. HomeInsurance.com LLC services are only available in states where it is licensed and insurance coverage through HomeInsurance.com may not be available in all states. All insurance products are governed by the terms in the applicable insurance policy, and all related decisions (such as approval for coverage, premiums, commissions and fees) and policy obligations are the sole responsibility of the underwriting insurer. The information on this site does not modify any insurance policy terms in any way.
Advertising Disclosure This advertising widget is powered by HomeInsurance.com, a licensed insurance producer (NPN: 8781838) and a corporate affiliate of Reviews. The offers and clickable links that appear on this advertisement are from companies that compensate Homeinsurance.com LLC in different ways. The compensation received and other factors, such as your location, may impact what ads and links appear, and how, where, and in what order they appear. While we seek to provide a wide range of offers, we do not include every product or service that may be available to you as a consumer. We strive to keep our information accurate and up-to-date, but some information may not be current. Your actual offer terms from an advertiser may be different than the offer terms on this widget. All offers may be subject to additional terms and conditions of the advertiser.

Save money on auto coverage with our simple comparison tool.

Please enter a valid zip code

Powered by HomeInsurance.com (NPN: 8781838)
Insurance Disclosure This content is powered by HomeInsurance.com, a licensed insurance producer (NPN: 8781838) and a corporate affiliate of Reviews.com. HomeInsurance.com LLC services are only available in states where it is licensed and insurance coverage through HomeInsurance.com may not be available in all states. All insurance products are governed by the terms in the applicable insurance policy, and all related decisions (such as approval for coverage, premiums, commissions and fees) and policy obligations are the sole responsibility of the underwriting insurer. The information on this site does not modify any insurance policy terms in any way.

Click at least 2-3 companies to find the very best rate.

    Advertiser Disclosure

    Close icon.

    We are an independent publisher. Our reporters create honest, accurate, and objective content to help you make decisions. To support our work, we are paid for providing advertising services. Many, but not all, of the offers and clickable hyperlinks that appear on this site are from companies that compensate us. The compensation we receive and other factors, such as your location, may impact what ads and links appear on our site, and how, where, and in what order ads and links appear. While we strive to provide a wide range of offers, our site does not include information about every product or service that may be available to you. We strive to keep our information accurate and up-to-date, but some information may not be current. So, your actual offer terms from an advertiser may be different than the offer terms on this site. And the advertised offers may be subject to additional terms and conditions of the advertiser. All information is presented without any warranty or guarantee to you.

    New York is a popular state, with bustling cities and sprawling countryside. Reviews.com analyzed the New York car insurance market to help you find the best car insurance company for you. The companies we chose to feature offer a mix of affordable rates, excellent customer satisfaction, strong financial strength, and robust coverage.

    The 4 Best Car Insurance Companies in New York

    Our research method to choose the best car insurance companies in New York included analyzing average premiums (provided by Bankrate.com), customer satisfaction scores from J.D. Power, financial strength ratings from AM Best, coverages, discounts and policy features. We found the following four companies to be among the best in New York:

    Compare the Best Car Insurance Companies in New York

    Insurance companies are unique; each offers its own set of coverages, discounts, average rates, and policy features. The carriers we chose to feature are based on our research method, but you might find that the best provider for you is not on this list. Getting quotes from a few different companies and comparing them can help you find the right fit for your needs.

    Average Annual Premium for Minimum Coverage* Average Annual Premium for Full Coverage* AM Best Financial Strength AM Best rates insurance providers creditworthiness. Ratings are based on the provider’s ability to follow through with a payout when a consumer files a claim. J.D. Power Customer Satisfaction (New York region)** J.D. Power scores are based on surveys for customer satisfaction and product quality.
    Pin New York Central Mutual$1,129$2,669A827
    Pin State Farm$1,241$2,333A++859
    Pin Geico$821$1,969A++827
    Pin USAA$922$2,137A++868

    Information accurate as of January 2022

    *Data provided by Bankrate.com

    **J.D. Power 2021 Auto Insurance Satisfaction Study rating for the New York region. Based on a 1,000-point scale. USAA is not officially ranked by J.D. Power due to eligibility restrictions.

    New York Central Mutual Auto

    Best for Discounts

    WHY WE CHOSE IT

    New York Central Mutual, abbreviated to NYCM, is a regional insurer. Although average rates are higher than the state’s average, the company has a number of discounts that could help you save.
    • $2,669* Average Premium Pricing data comes from our partners at Bankrate.com.
    • A AM Best Rate AM Best rates insurance providers creditworthiness. Ratings are based on the provider’s ability to follow through with a payout when a consumer files a claim.
    • 827** J.D. Power J.D. Power scores are based on surveys for customer satisfaction and product quality.

    Why we chose it

    New York Central Mutual, abbreviated to NYCM, is a regional insurer. Although average rates are higher than the state’s average, the company has a number of discounts that could help you save.

    Pros

    • Local agents available
    • Wide array of discounts
    • 24/7 claims service

    Cons

    • Lower financial strength than some competitors
    • Fewer endorsements than some competitors
    • Higher-than-average premiums
    Read More

    Other Policies Offered

    • Homeowners
    • Mobile home
    • Business
    • Umbrella

    STANDOUT DISCOUNTS AVAILABLE

    • New car
    • Senior
    • Injury protection program
    • Claim free
    State Farm

    Best for Customer Satisfaction

    WHY WE CHOSE IT

    State Farm offers great customer service with nearly 19,000 agents and plenty of online support options.
    • $2,333* Average Premium Pricing data comes from our partners at Bankrate.com.
    • A++ AM Best Rate AM Best rates insurance providers creditworthiness. Ratings are based on the provider’s ability to follow through with a payout when a consumer files a claim.
    • 859** J.D. Power J.D. Power scores are based on surveys for customer satisfaction and product quality.

    Why we chose it

    State Farm offers great customer service with nearly 19,000 agents and plenty of online support options.

    Pros

    Cons

    • Higher-than-average premiums
    • Fewer endorsements than competitors
    Read More

    OTHER POLICIES OFFERED

    • Homeowners
    • Small business
    • Life
    • Pet medical

    STANDOUT DISCOUNTS AVAILABLE

    • Drive Safe & Save
    • Steer Clear
    • Multi-line
    • Vehicle safety
    Geico

    Best for Affordable Policies

    WHY WE CHOSE IT

    With the lowest average minimum and full coverage premiums on our list, Geico could be a good choice for New York drivers on a tight budget.
    • $1,969* Average Premium Pricing data comes from our partners at Bankrate.com.
    • A++ AM Best Rate AM Best rates insurance providers creditworthiness. Ratings are based on the provider’s ability to follow through with a payout when a consumer files a claim.
    • 827** J.D. Power J.D. Power scores are based on surveys for customer satisfaction and product quality.

    Why we chose it

    With the lowest average minimum and full coverage premiums on our list, Geico could be a good choice for New York drivers on a tight budget.

    Pros

    • Affordable policies
    • Numerous discounts
    • Strong financial ratings

    Cons

    • Below-average customer service
    • No specialty discounts for hybrid or electric cars
    • Few endorsements available
    Read More

    OTHER POLICIES OFFERED

    • Homeowners
    • Renters
    • Motorcycle/RV
    • Boat

    STANDOUT DISCOUNTS AVAILABLE

    • Emergency deployment
    • Military
    • Federal employee
    • Good driver
    USAA

    Best for Military-Centric Options

    WHY WE CHOSE IT

    USAA offers policies to military members, veterans, and qualifying family members. The company is known for its excellent customer service, although it does not qualify for an official ranking with J.D. Power due to its eligibility restrictions.
    • $2,137* Average Premium Pricing data comes from our partners at Bankrate.com.
    • A++ AM Best Rate AM Best rates insurance providers creditworthiness. Ratings are based on the provider’s ability to follow through with a payout when a consumer files a claim.
    • 868** J.D. Power J.D. Power scores are based on surveys for customer satisfaction and product quality.

    Why we chose it

    USAA offers policies to military members, veterans, and qualifying family members. The company is known for its excellent customer service, although it does not qualify for an official ranking with J.D. Power due to its eligibility restrictions.

    Pros

    • Military-focused discounts
    • High J.D. Power scores
    • Lower-than-average premiums

    Cons

    • Eligibility restrictions
    • Very few branch locations
    • Fewer endorsements than some competitors
    Read More

    OTHER POLICIES OFFERED

    • Homeowners
    • Farm
    • Life
    • Aviation

    STANDOUT DISCOUNTS AVAILABLE

    • SafePilot
    • Military on-base
    • Family
    • Emergency deployment

    * Data provided by Bankrate .com, price based on the state minimum required policy.

    ** J.D. Power 2021 Auto Insurance Satisfaction Study rating for the New York region. Based on a 1,000-point scale. USAA is not officially ranked by J.D. Power due to its eligibility restrictions.

    The Average Cost of Car Insurance in New York

    Car insurance costs an average of $1,062 per year for minimum coverage and $2,321 per year for full coverage, according to 2021 data from Bankrate.com. This is quite a bit higher than the national average cost of car insurance, which is $565 per year for minimum coverage and $1,674 per year for full coverage. Remember that rates vary based on your individual wants, needs, and rating factors. To find the best auto insurance in New York for you, you might want to compare quotes from different providers to make sure that you have the right coverage for the right price. 

    Top 3 Cheapest Car Insurance Companies in New York

    CompanyAverage Annual Full Coverage Premium*
    Main Street America$761
    Progressive$1,139
    Erie$1,629

    * Data provided by Bankrate.com

    Top 3 Most Expensive Car Insurance Companies in New York

    CompanyAverage Annual Full Coverage Premium*
    Utica National$5,075
    American Family$4,764
    Kemper$3,150

    * Data provided by Bankrate.com

    Top 3 Cheapest Cities for Car Insurance in New York

    CityAverage Annual Full Coverage Premium*
    Fairport$1,417
    Webster$1,417
    Penfield$1,428

    * Data provided by Bankrate.com

    Top 3 Most Expensive Cities for Car Insurance in New York

    CityAverage Annual Full Coverage Premium*
    Saint Albans$5,180
    Rosedale$5,118
    Springfield Gardens$5,113

    * Data provided by Bankrate.com

    Key Things to Know About Car Insurance in New York 

    New York car insurance can be expensive, as the state has frequent weather events like severe summer storms, winter storms, tropical storms, and floods. These criteria often prompt insurers to increase their rates, as policyholders’ vehicles are more at risk, and the likelihood of accidents could be higher during bad weather. Other factors for the higher-than-average rates in the state could include the high number of drivers, which means more risk for crashes, and the rise of property vandalism and theft. Drivers should be aware of the risks of owning a car in this state, and for that reason, the Department of Motor Vehicles (DMV) created an article on driving tips

    New York Car Insurance Requirements

    New York requires all drivers to have at least a minimum amount of car insurance coverage. Drivers must have the following coverage types and limits to drive legally:

    • $25,000 bodily injury liability per person and $50,000 death per person
    • $50,000 bodily injury liability per accident and $100,000 death per accident
    • $10,000 property damage liability per accident
    • $50,000 personal injury protection (PIP)
    • $25,000 statutory uninsured motorist bodily injury per person
    • $50,000 statutory uninsured motorist bodily injury per accident

    There are two types of uninsured motorist coverage in New York: statutory and supplemental. The mandatory statutory coverage only provides coverage for uninsured motorist accidents in New York State. If you buy supplemental coverage (which is available as the minimum limit or in higher limits), you’ll get coverage for uninsured motorist accidents outside of the state, as well as for underinsured motorist accidents.

    Most insurance professionals recommend purchasing higher limits than the state minimum coverage for added financial protection.

    Car Insurance Coverage Options

    To have more protection than the New York minimum, you may want to purchase higher limits than just the state minimum. You could even purchase full coverage or add-on options. Here is a list of additional coverage based on common risks in the Empire State.

    • Optional basic economic loss (OBEL): This coverage enhances the basic no-fault coverage, providing an extra $25,000 coverage on top of the mandatory $50,000 PIP  limit.
    • Additional PIP: Similar to OBEL coverage, New York insurance policies also include an option for additional PIP in increments of $50,000 beyond the mandatory PIP requirements in the state. 
    • Collision: If there are any damages to your vehicle that result from impacting another car or object, this coverage is designed to pay for the costs, minus your deductible.
    • Comprehensive: If the damages on your car are caused by something other than a crash, such as hail, vandalism, or hitting an animal, comprehensive could kick in. You’ll likely have a deductible for this coverage, although some companies offer a $0 deductible option.

    Frequently Asked Questions

    Methodology 

    Reviews.com reviews products, services and companies based on five criteria to help readers understand how companies compare based on similar metrics. For the best car insurance companies, our editorial team compared affordability, customer support, coverage options, customer satisfaction scores and online resources from each company to determine top providers. 

    As for average pricing, we used Bankrate.com’s data of car insurance in New York, based on the profiles of a 40-year male and female. For full coverage, the details used were the following:

    • $100,000 bodily injury liability per person
    • $300,000 bodily injury liability per accident
    • $50,000 property damage liability per accident
    • $100,000 uninsured motorist bodily injury per person
    • $300,000 uninsured motorist bodily injury per accident
    • $500 collision deductible
    • $500 comprehensive deductible

    To determine minimum coverage limits, Bankrate used minimum coverage that meets each state’s requirements. Our base profile drivers own a 2019 Toyota Camry, commute five days a week, and drive 12,000 miles annually. 

    These are sample rates and should only be used for comparative purposes.

    About the Authors

    Cate Deventer

    Cate Deventer Insurance Editor

    Cate Deventer is a writer and licensed insurance agent. She has a Bachelor’s degree in theatre and is currently pursuing a degree in English with a concentration in professional and technical writing from Indiana University East. Her work has been featured on Reviews.com and Bankrate.com, and she’s passionate about helping people take charge of their finances. In her free time, she likes to read thrillers and sci-fi novels, garden, and toss tennis balls for her dog.

    Table Of Contents