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Car Insurance in New York: 2026 Rates & Guide

New York is one of the most expensive states for car insurance. The average driver pays $194/month ($2328/year). Here's how to find the best rate for your situation.

$194

Avg Monthly

$2328

Avg Annual

#5

Cost Rank (1=priciest)

$148

Cheapest Option/mo

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Cheapest Car Insurance Companies in New York (2026)

Rates below are estimates for a 35-year-old driver with a clean record, good credit, and a 2020 Honda Civic.

Top insurers in New York — sorted by average monthly rate

#CompanyEst. MonthlyRating
1
★ BestGEICO
$148/mo4.3Get Quote
2
Progressive
$162/mo4.1Get Quote
3
Allstate
$188/mo4Get Quote
4
State Farm
$174/mo4.5Get Quote
5
Travelers
$170/mo4.2Get Quote

Rates are estimates for a 35-year-old with good credit and a clean record. Your rate will vary.

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New York Car Insurance Requirements

Minimum Coverage: 25/50/10

New York is a no-fault state. You must carry Personal Injury Protection (PIP) in addition to liability coverage.

New York Insurance Facts

NYC drivers pay 2–3x more than upstate New York drivers
New York requires comprehensive and collision for financed vehicles
No-fault system requires PIP coverage for all registered vehicles

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How to Get Cheaper Car Insurance in New York

1

Compare at least 3–5 quotes

Rates vary by 40–60% between companies for the same driver profile.

2

Raise your deductible

Going from $500 to $1,000 deductible typically saves 10–15% on comprehensive/collision.

3

Bundle home + auto

Multi-policy discounts average 15–25% across major insurers.

4

Try usage-based insurance

Telematics programs like Progressive Snapshot can save up to 30% for safe drivers.

5

Ask about all discounts

Good student, military, professional association, and low-mileage discounts are often unclaimed.

6

Improve your credit score

In most states, a good credit score can lower premiums by 20–50%.

Car Insurance in New York — FAQs

What is the average cost of car insurance in New York?
The average car insurance cost in New York is $194 per month ($2328 per year) for a driver with a clean record and good credit. Your actual rate will vary based on your age, vehicle, and driving history.
What is the minimum car insurance required in New York?
New York requires minimum liability coverage of 25/50/10 (bodily injury per person / bodily injury per accident / property damage). New York is a no-fault state, which means additional PIP coverage is also required.
Which company has the cheapest car insurance in New York?
Based on our research, GEICO offers the lowest average rate in New York at around $148/month. However, the cheapest insurer for you will depend on your specific profile — we always recommend getting at least 3 quotes.
Is New York a no-fault car insurance state?
Yes, New York is a no-fault state. This means your own insurance covers your medical bills after an accident regardless of who was at fault. Personal Injury Protection (PIP) coverage is required.
How can I lower my car insurance in New York?
The most effective ways to lower your car insurance in New York include: (1) comparing quotes from at least 3 insurers, (2) raising your deductible, (3) bundling with home or renters insurance, (4) asking about usage-based/telematics discounts, and (5) improving your credit score where allowed.

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