Cheapest Car Insurance in New York, NY (2026)

New York drivers pay an average of $1,296 per year for minimum coverage and $2,508 per year for full coverage. Heavy traffic congestion, high theft rates and over 230,000 annual motor vehicle collisions in NYC alone drive up premiums. Comparison shopping gets you the lowest rates.

• Cheapest minimum liability coverage: Kemper offers New York's most affordable minimum coverage at $694 per year ($58 monthly). That's 46% lower than the state average of $1,296, saving you $602 annually. Progressive comes in second for minimum coverage at $743 per year ($62 monthly), delivering 42% savings compared to the state average.
• Cheapest full coverage: Progressive leads with the lowest full coverage at $1,372 annually ($114 monthly), 45% below the state average of $2,508. That's $1,136 in annual savings. Kemper's full coverage costs $1,391 per year ($116 monthly), still 44% below the state average but $19 more than Progressive annually.

Young drivers in New York experience the highest car insurance costs, while adults and seniors enjoy more affordable options. Here are the most budget-friendly insurers by age group:

• Adults: Kemper at $58 and Progressive at $62 monthly
• Seniors: Kemper at $80 and Progressive at $89 monthly
• Young drivers: American Family at $109 and NYCM at $110 monthly

Progressive helps young drivers cut costs through their Good Student Discount, offering 10% savings for students maintaining a B average or higher. American Family supports senior drivers with their Mature Driver Improvement Course.

Having driving violations makes car insurance costlier.These companies offer the most affordable coverage for drivers with infractions:

• Accident: Progressive at $61 and NYCM Insurance at $72 monthly
• Ticket: Progressive at $63 and Kemper at $69 monthly
• DUI: Progressive at $64 and Kemper at $80 monthly

Minor violations stay on your driving record for three years in New York, with rate impacts lasting up to five years.

New York neighborhoods show differences in car insurance pricing. ZIP code 11236 costs the most at $290 monthly for full coverage, whereas 10005 offers the most affordable rates at $174 monthly.

Progressive has a 97 out of 100 score on MoneyGeek's rating scale, establishing it as the top car insurance company in New York. American Family follows closely with a 92 out of 100 score.

Progressive dominates in coverage and affordability rankings, with our evaluation drawing from agent network assessments, National Association of Insurance Commissioners complaint data, J.D. Power research and comprehensive customer reviews to measure claims handling and policyholder support.

American Family excels in affordability. Both companies maintain excellent financial stability ratings.

See below for why each insurer is best and which fits your needs.

Shop around, secure lower rates and select appropriate coverage:

Our insurance experts provide clear answers to common questions about finding affordable car insurance:

We analyzed hundreds of thousands of quotes from major insurers using data from the New York State Department of Financial Services and Quadrant Information Services. Our research covered all New York ZIP codes and adjusted for driver profiles including age, driving record, credit score and military affiliation. 

Our rating system weighs three factors:

Affordability (60%): Premiums matter most when you're deciding whether you can maintain coverage long-term. We compared minimum coverage (New York's state liability requirements) and full coverage (liability plus comprehensive and collision with $1,000 deductibles) to show savings across coverage levels.

Customer experience (30%): Google reviews and J.D. Power ratings reveal how insurers handle claims and resolve problems. This factor accounts for real customer interactions during stressful moments like filing flood claims or handling hit-and-run accidents in busy NYC intersections.

Coverage options (10%): More choices mean better odds of matching coverage to New York risks like flood damage, uninsured motorists and theft in high-risk urban areas.