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Car insurance rates are impacted by several factors, including your age, specific location, coverage level, driving history, credit score and more. For instance, in New York, insurance companies' average full coverage rates vary from $781 per year (Kemper) to $2,326 per year (Chubb). A 16-year-old male on a family plan will cost $3,563 per year, thousands more than a single adult driver.

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2023

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Average Car Insurance Costs in New York (2023)

The average cost of car insurance in New York is $2,016 per year. However, the coverage amount and driving record (among other factors) can impact those average costs. For instance, here’s what New York drivers pay, on average, based on their driving records:

  • Clean record: $2,043 per year
  • Accident: $2,277 per year
  • Speeding ticket: $2,373 per year
  • DUI: $3,128 per year

The above rates are for a full coverage policy. Minimum coverage rates will be somewhat cheaper.

Driving Record
Annual Premium
Monthly Premium

Clean

$1,131

$94

Clean

$1,187

$99

At-Fault Accident

$1,284

$107

Clean

$1,294

$108

Ticket

$1,323

$110

At-Fault Accident

$1,346

$112

Ticket

$1,391

$116

At-Fault Accident

$1,461

$122

Ticket

$1,500

$125

DUI

$1,737

$145

DUI

$1,801

$150

DUI

$2,024

$169

Clean

$2,043

$170

Clean

$2,108

$176

At-Fault Accident

$2,277

$190

At-Fault Accident

$2,354

$196

Ticket

$2,373

$198

Clean

$2,384

$199

Ticket

$2,461

$205

At-Fault Accident

$2,654

$221

Ticket

$2,761

$230

DUI

$3,128

$261

DUI

$3,196

$266

DUI

$3,713

$309

Why Are Car Insurance Rates Expensive in New York?

New York is the most expensive state for car insurance. On average, policies in the state cost $995 more than the $1,021 nationwide average cost. New York’s expensive car insurance rates may be due to its high traffic and urban population, along with its requirement for personal injury protection (PIP) coverage. Depending on your driver profile, you may pay even more — rates for teens and those with bad driving histories are typically higher.

Average Car Insurance Costs in New York by Company

The average cost of car insurance in the state is not the most meaningful statistic, as rates vary across companies. Kemper offers the cheapest car insurance in New York for a minimum coverage policy at $464 per year ($781 per year for full coverage), while Mercury has the most expensive premiums at $2,569 per year ($4,875 per year for full coverage).

Although liability-only policies are cheaper than full coverage policies, it’s still possible to find affordable full coverage insurance by shopping around.

Company
Annual Premium
Monthly Premium

Kemper

$464

$39

Kemper

$468

$39

Kemper

$540

$45

Progressive

$618

$52

Progressive

$638

$53

Progressive

$665

$55

American Family

$699

$58

GEICO

$701

$58

American Family

$750

$63

Kemper

$766

$64

Kemper

$781

$65

Erie

$785

$65

GEICO

$811

$68

Erie

$819

$68

GEICO

$825

$69

American Family

$829

$69

State Farm

$862

$72

State Farm

$958

$80

Progressive

$985

$82

Kemper

$990

$82

Progressive

$997

$83

Allstate

$1,006

$84

Chubb

$1,018

$85

Allstate

$1,025

$85

Erie

$1,040

$87

State Farm

$1,054

$88

Progressive

$1,108

$92

Allstate

$1,145

$95

American Family

$1,159

$97

Chubb

$1,205

$100

American Family

$1,260

$105

Erie

$1,390

$116

State Farm

$1,429

$119

GEICO

$1,437

$120

Erie

$1,448

$121

American Family

$1,478

$123

Chubb

$1,583

$132

State Farm

$1,592

$133

GEICO

$1,595

$133

GEICO

$1,644

$137

Travelers

$1,710

$142

Travelers

$1,721

$143

Travelers

$1,737

$145

Allstate

$1,759

$147

State Farm

$1,804

$150

Allstate

$1,835

$153

Erie

$1,836

$153

Chubb

$1,948

$162

Allstate

$1,955

$163

Hanover

$2,102

$175

Chubb

$2,326

$194

Mercury

$2,535

$211

Hanover

$2,554

$213

Mercury

$2,569

$214

Travelers

$2,683

$224

Travelers

$2,726

$227

Mercury

$2,797

$233

Travelers

$2,822

$235

Hanover

$2,900

$242

Chubb

$3,036

$253

Hanover

$3,811

$318

Hanover

$4,267

$356

Mercury

$4,875

$406

Hanover

$4,920

$410

Mercury

$5,265

$439

Mercury

$5,330

$444

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MONEYGEEK’S NEW YORK CAR INSURANCE CALCULATOR

To determine your car insurance rate, insurers consider your coverage level and personal factors like your age, location and driving history. You can quickly estimate the cost of your car insurance in the Empire State using MoneyGeek's New York car insurance calculator.

Average Car Insurance Costs in New York by Coverage Level

As you increase your liability limits, the cost of your insurance will also increase. The average cost of car insurance in New York ranges from $1,131 for state-minimum coverage to $2,248 for full coverage with increased liability limits. Adding comprehensive and collision insurance can increase your annual rate by several hundred dollars. To save money on a full coverage policy, you can choose a higher deductible.

Average annual car insurance rates by coverage tier

The cheapest policy available in the state only includes the minimum coverages required in New York. These policies feature the lowest liability limits and do not have comprehensive or collision insurance. New York requires personal injury protection and death liability insurance, which drives up the cost of minimum coverage policies compared to other states.

Insurers may offer policies with increased liability limits, shortened to 50/100/50 or 100/300/100. A policy with liability limits of 50/100/50 would include the following coverage:

  • $50,000 in bodily injury liability insurance per person
  • $100,000 in bodily injury liability insurance per accident
  • $50,000 in property damage liability insurance per accident

Most insurers have a maximum liability of 300/500/300. Liability insurance only covers damage or medical expenses to others. To receive coverage for damages to you or your vehicle, you’ll also need to purchase comprehensive and collision insurance, making it a full coverage policy.

Average Car Insurance Costs in New York by Age

Age can significantly impact the cost of your car insurance, especially car insurance costs for new drivers or young drivers. Here’s the average cost of a full coverage policy in New York by age group:

  • 22–29: $2,384 per year
  • 30–59: $2,043 per year
  • 60+: $2,151 per year

Although drivers in their 20s typically pay more for insurance, rates are relatively steady for drivers between the ages of 30 and 59, increasing again as drivers age past 60.

Age
Annual Premium
Monthly Premium

22-29

$2,384

$199

22-29

$1,294

$108

30-59

$1,131

$94

30-59

$2,043

$170

60 +

$2,108

$176

60 +

$1,187

$99

Average Car Insurance Costs in New York for Teens

Teen drivers in New York pay more than other age groups — the average insurance cost for a 16-year-old male on a family plan is $3,563 per year. Individual policy rates are even more expensive at $6,599 per year.

However, costs decrease as drivers age and accrue more experience. A 19-year-old on a family plan pays an average of $2,575 annually, whereas a 22-year-old pays $1,908. To find cheap auto insurance in New York for teens, compare providers’ rates.

In many states, including New York, rates can change drastically by sex. A family plan for a 16-year-old female, for example, will cost an average of $3,007 per year, almost $556 less than the male teen.

Age
Annual Family Premium
Monthly Family Premium
Annual Individual Premium
Monthly Individual Premium

16

$3,007

$251

$5,334

$445

16

$3,563

$297

$6,599

$550

17

$2,944

$245

$4,330

$361

17

$3,491

$291

$5,443

$454

18

$2,508

$209

$3,621

$302

18

$2,957

$246

$4,552

$379

19

$2,163

$180

$2,735

$228

19

$2,575

$215

$3,312

$276

20

$2,164

$180

$2,354

$196

20

$2,614

$218

$2,826

$236

21

$1,800

$150

$1,960

$163

21

$2,087

$174

$2,273

$189

22

$1,590

$133

$1,860

$155

22

$1,908

$159

$2,073

$173

23

$1,621

$135

$1,695

$141

23

$1,970

$164

$1,846

$154

24

$1,549

$129

$1,626

$136

24

$1,850

$154

$1,739

$145

25

$1,415

$118

$1,476

$123

25

$1,611

$134

$1,503

$125

Average Car Insurance Costs in New York for New Cars vs. Older Cars

In New York, it costs $1,851 per year to insure a new vehicle — 16% more than the cost to insure an older vehicle, $1,590. New cars may cost more to insure due to their higher actual cash value (ACV), cost of repairs and greater risk of theft.

Insurers pay comprehensive and collision claims based on the actual cash value of your car. The ACV of a car depreciates greatly over the years, and an insurer will pay you much less for any given claim, meaning that your car will be cheaper to insure. New York drivers with newer cars should consider getting full coverage insurance, which covers you for damages to your car, not just your liability for damages to others.

Model Year
Annual Premium
Monthly Premium

2022 Vehicle

$894

$75

2022 Vehicle

$904

$75

2012 Vehicle

$922

$77

2012 Vehicle

$927

$77

2022 Vehicle

$1,003

$84

2012 Vehicle

$1,030

$86

2012 Vehicle

$1,585

$132

2012 Vehicle

$1,590

$133

2022 Vehicle

$1,799

$150

2012 Vehicle

$1,840

$153

2022 Vehicle

$1,851

$154

2022 Vehicle

$2,161

$180

Average Car Insurance Costs in New York by Driving Record

Drivers with traffic violations pay more for car insurance than those with clean driving histories. In New York, drivers will pay the following rates, on average:

  • Clean record: $2,043 per year
  • At-fault accident: $2,277 per year
  • Speeding ticket: $2,373 per year
  • DUI: $3,128 per year

Typically, costs increase in proportion to the severity of the driving offense. For instance, a DUI will raise your insurance premium more than a speeding ticket. To find the cheapest car insurance in New York for drivers with poor records, compare rates from multiple providers.

Driving Record
Annual Premium
Monthly Premium

Clean

$1,131

$94

Clean

$1,187

$99

At-Fault Accident

$1,284

$107

Clean

$1,294

$108

Ticket

$1,323

$110

At-Fault Accident

$1,346

$112

Ticket

$1,391

$116

At-Fault Accident

$1,461

$122

Ticket

$1,500

$125

DUI

$1,737

$145

DUI

$1,801

$150

DUI

$2,024

$169

Clean

$2,043

$170

Clean

$2,108

$176

At-Fault Accident

$2,277

$190

At-Fault Accident

$2,354

$196

Ticket

$2,373

$198

Clean

$2,384

$199

Ticket

$2,461

$205

At-Fault Accident

$2,654

$221

Ticket

$2,761

$230

DUI

$3,128

$261

DUI

$3,196

$266

DUI

$3,713

$309

Average Car Insurance Costs in New York by Credit Score

Your credit score has a major effect on the cost of your car insurance. Drivers in New York with poor credit pay an average of $5,849 per year, while those with excellent credit only pay $1,580 per year. The average costs for drivers in New York based on their credit score are:

  • Excellent: $1,580 per year
  • Good: $1,968 per year
  • Fair: $2,568 per year
  • Below fair: $3,624 per year
  • Poor: $5,849 per year

Insurers may penalize drivers differently for lower credit scores, so it's essential to shop around to find affordable auto insurers in New York for drivers with poor credit.

Credit Score
Average Annual Premium
Average Monthly Premium

Excellent

$946

$79

Excellent

$966

$81

Excellent

$1,014

$85

Good

$1,199

$100

Good

$1,218

$101

Good

$1,278

$107

Excellent

$1,393

$116

Excellent

$1,396

$116

Excellent

$1,564

$130

Excellent

$1,580

$132

Excellent

$1,605

$134

Fair

$1,610

$134

Fair

$1,628

$136

Fair

$1,694

$141

Good

$1,739

$145

Good

$1,744

$145

Excellent

$1,750

$146

Excellent

$1,806

$151

Excellent

$1,847

$154

Good

$1,949

$162

Good

$1,968

$164

Excellent

$1,984

$165

Good

$1,988

$166

Good

$2,174

$181

Good

$2,231

$186

Good

$2,269

$189

Fair

$2,273

$189

Fair

$2,287

$191

Below Fair

$2,372

$198

Below Fair

$2,395

$200

Below Fair

$2,443

$204

Good

$2,446

$204

Fair

$2,533

$211

Fair

$2,568

$214

Fair

$2,585

$215

Fair

$2,815

$235

Fair

$2,887

$241

Fair

$2,924

$244

Fair

$3,146

$262

Below Fair

$3,243

$270

Below Fair

$3,267

$272

Below Fair

$3,557

$296

Below Fair

$3,624

$302

Below Fair

$3,642

$304

Below Fair

$3,917

$326

Poor

$3,964

$330

Poor

$3,969

$331

Below Fair

$4,020

$335

Poor

$4,027

$336

Below Fair

$4,063

$339

Below Fair

$4,328

$361

Poor

$5,230

$436

Poor

$5,242

$437

Poor

$5,586

$466

Poor

$5,849

$487

Poor

$5,910

$492

Poor

$6,204

$517

Poor

$6,442

$537

Poor

$6,545

$545

Poor

$6,826

$569

Average Car Insurance Costs in New York by City

Where you live in New York can significantly impact your car insurance premiums. For instance, drivers in New York City will pay the most for a full coverage policy at $3,060 per year, while those in Rochester will pay the least at $1,257 per year. Car insurance rates tend to be more expensive in areas that have more traffic and a higher population density, like New York City.

City
Full Coverage Annual Premium
Minimum Coverage Annual Premium

Buffalo

$1,890

$1,090

Buffalo

$1,617

$953

Buffalo

$1,681

$1,007

New York

$3,576

$2,015

New York

$3,060

$1,761

New York

$3,183

$1,858

Rochester

$1,474

$828

Rochester

$1,257

$723

Rochester

$1,306

$766

Syracuse

$1,596

$878

Syracuse

$1,356

$764

Syracuse

$1,411

$814

Yonkers

$2,736

$1,503

Yonkers

$2,296

$1,284

Yonkers

$2,396

$1,367

Insurance Rates

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Ensure you are getting the best rate for your insurance. Compare quotes from the top insurance companies.

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FAQ About Car Insurance Costs in New York

It’s typical to have questions about average car insurance costs in New York, especially since rates vary based on personal details and across locations. Review MoneyGeek’s answers to commonly asked questions to learn more.

About Mark Fitzpatrick


Mark Fitzpatrick headshot

Mark Fitzpatrick is a senior content director at MoneyGeek with over five years of experience analyzing the insurance market, conducting original research and creating content that can be personalized for every buyer. He has been quoted on insurance topics in several publications, including CNBC, NBC News and Mashable.

Mark earned a master’s degree in Economics and International Relations from Johns Hopkins University and a bachelor’s degree from Boston College. He is passionate about using his economics and insurance knowledge to bring transparency around financial topics and help others feel confident in their money moves.