Cheapest and Best Car Insurance in Yonkers, NY (July 2024)

In Yonkers, New York, the cheapest auto insurer for minimum and full coverage is Kemper, but State Farm offers the lowest rates for families with teens. For exceptional customer service, Chubb stands out, also earning the best overall provider title for its balance of price and quality service, illustrating that your ideal choice may hinge on specific needs and preferences.

Kemper is the cheapest option in Yonkers for minimum coverage car insurance, demonstrating the significance of comparing rates to find the cheapest car insurance.

• Kemper: $609 per year
• Progressive: $798 per year

While Kemper offers the most affordable policy, Hanover has the most expensive minimum coverage policy in Yonkers, with an annual premium of $2,699. The difference of $2,090 between the cheapest and most expensive showcases the potential savings that diligent research can bring.

State Minimum Liability Requirements

New York mandates specific car insurance coverages:

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

An example for minimum coverage: If you're insured and you're at fault for an accident causing bodily injury, your insurance will cover up to $25,000 for each injured person, but no more than $50,000 total for the accident. Any damages exceeding these amounts could cost you out of pocket.

Kemper is the cheapest option in Yonkers for those seeking the cheapest full coverage car insurance. When it comes to affordability, the top two providers stand out:

• Kemper: $1,090 per year
• Progressive: $1,281 per year

Hanover offers the most expensive policy at $4,512 annually. The $3,422 difference between Kemper and Hanover highlights the necessity of comparison shopping to ensure you don't overpay. Full coverage policies cost more because they offer comprehensive protection beyond the minimum liability insurance, covering a range of damages to your vehicle.

Do You Need Full Coverage in New York?

A full coverage policy includes coverage for damage to your own vehicle in the form of comprehensive and collision coverages. It usually also includes increased liability limits.

• Collision Insurance: This provides coverage for your vehicle in the event of a collision, whether with another vehicle or a stationary object like a tree or light pole. It also covers rollover accidents and pothole damage.

• Comprehensive Insurance: This coverage insures your vehicle against various types of damage not caused by collisions, including theft, vandalism, fires, natural disasters and being struck by an animal like a deer.

If you have a new vehicle, it's wise to opt for full coverage insurance for more robust financial protection. If you're leasing or have a car loan, you are typically required to carry full coverage insurance.

On the other hand, owners of older vehicles may find that the extra cost — which can amount to several hundred dollars more per year — is not justified by the value of the vehicle. When deciding how much car insurance coverage you need, consider your ideal balance: more extensive coverage comes with higher premiums, but getting less coverage means you may pay more out of pocket if you need to file a claim.

Progressive is the most affordable option for drivers in Yonkers who have a speeding ticket or an at-fault accident, while Kemper claims the spot for drivers with a DUI charge.

• Speeding ticket: Progressive ($1,328 per year)
• At-fault accident: Progressive ($1,281 per year)
• DUI: Kemper ($1,623 per year)

, Hanover presents the highest premiums across all recorded infractions, illustrating the impact of driving violations. Notably, the annual difference between Progressive, the cheapest after a speeding ticket ($1,328), and Kemper, the cheapest after a DUI ($1,623), amounts to $295, showcasing how car insurance rates can vary significantly based on the type and severity of the offense.

In Yonkers, insurance rates escalate in accordance with the severity of driving violations on one's record. The difference in premiums driver with a speeding ticket and a DUI is stark — a compelling reason for individuals with driving infractions to diligently compare insurance quotes, ensuring they receive the most financially favorable policy.

Kemper offers the most affordable full coverage car insurance for teens in Yonkers.

• Kemper: $1,389 per year for female teens and $1,436 per year for male teens
• Progressive: $2,443 per year for female teens and $2,717 per year for male teens

These rates provide comprehensive coverage for a household with two parents and a teen driver. In Yonkers, Travelers has the priciest teen family policy at $7,536 annually for female teens, which underscores the crucial need for families to compare quotes. Savvy shopping is essential, particularly for teen drivers, who are considered high-risk due to their inexperience behind the wheel.

In Yonkers, the average individual annual premium for teen car insurance is $8,317, compared with a significantly lower $4,251 when a teenager opts into a joint family plan. The substantial difference in rates stems from the heightened risk insurers associate with teenage drivers — statistically more likely to be involved in accidents — when underwriting policies individually. Moreover, the rigorous approval process for teens seeking their own policy further underscores the advisability of incorporating them into a family plan to ensure coverage and cost-effectiveness.

In Yonkers, Kemper offers the cheapest car insurance for military backgrounds.

• Kemper: $1,090 per year
• Progressive: $1,281 per year

USAA is also a viable option. Although USAA's rate of $2,001 ranks it higher than its competitors, the company is known for its exceptional service that caters specifically to the needs of active duty military members, veterans and their families.

In Yonkers, comparing car insurance rates is a key strategy for cost savings. However, the process is often cumbersome, potentially requiring over an hour to examine rates from three or more companies.

MoneyGeek's car insurance calculator can help you streamline this process. By inputting details like age, driving history, credit score and preferred coverage, you can instantly receive rate estimates.

Choosing the best auto insurance for you involves weighing factors such as service, cost, coverage, and other variables. MoneyGeek scores, which are tailored for each category, show that the top providers in Yonkers are:

• Best overall: Chubb (MoneyGeek score 88 out of 100)
• Best for service: Chubb (MoneyGeek score 91 out of 100)
• Best cheap: Chubb (MoneyGeek score 88 out of 100)

With Chubb securing the top spot in all categories, the company stands out as the best in Yonkers for overall value, service and affordability.

Chubb offers the best car insurance in Yonkers. These two providers stand out:

• Chubb: MoneyGeek score of 88 out of 100 ($2,422 per year)
• Erie: MoneyGeek score of 79 out of 100 ($2,220 per year)

Chubb distinguishes itself with exceptional satisfaction and claims ratings, reflected in its MoneyGeek score for a full coverage policy. These strong performance indicators suggest that customers can expect top-notch service and reliable claims processing from Chubb.

Chubb is the best option in Yonkers for customer service in car insurance. This top ranking is based on general satisfaction, claims handling and coverages, highlighting a policyholder-focused approach.

• Chubb: MoneyGeek score of 91 out of 100 ($2,422 per year)
• Erie: MoneyGeek score of 78 out of 100 ($2,220 per year)

Chubb stands out in Yonkers due to its exceptional customer satisfaction and claims handling scores. The high MoneyGeek score reflects the company's overall commitment to providing comprehensive coverage and reliable service to its policyholders.

Chubb is the best option in Yonkers for obtaining affordable car insurance without compromising on the quality of service. Chubb also maintains a strong balance between claims handling and customer satisfaction, ensuring that consumers get the best overall value.

• Chubb: MoneyGeek score of 88 out of 100 ($1,177 per year)
• Erie: MoneyGeek score of 80 out of 100 ($1,280 per year)

Chubb stands out in the evaluation with the highest MoneyGeek score, owing largely to its exceptional affordability, customer satisfaction and stable claims process. Customers seeking a minimum coverage policy will find Chubb's offering particularly attractive because the insurer provides a rare combination of low-cost insurance and high-quality service in Yonkers.

MoneyGeek found that Safety Group offers the best option in Springfield for drivers seeking the best car insurance.

• Safety Group: MoneyGeek score of 83 out of 100 ($1,296 per year)
• Chubb: MoneyGeek score of 82 out of 100 ($1,423 per year)

What propels Safety Group to the top is their outstanding Satisfaction and Affordability scores. With an exceptional total score, Safety Group shines for providing a full coverage policy that aligns with customer demands for both quality service and affordability.