The Most Affordable Auto Insurance in New York 2022
The following article will give information about the most affordable auto insurance in New York 2022. These rates will be particular for people are 20 year-olds and driving processes.
|
Cheapest car insurance company overall in New York |
||
|
Main Street America |
$86/month |
Not yet rated. |
|
Cheapest for minimum coverage |
||
|
Main Street America |
$47/month |
Not yet rated. |
|
Cheapest for young drivers |
||
|
Main Street America |
$165/month |
Not yet rated. |
|
Cheapest for drivers with poor credit |
||
|
Geico |
$86/month |
|
1. The cost of auto insurance in New York
According to NerdWallet’s study, the average cost of full coverage vehicle insurance in New York is $2,020 per year, or roughly $168 per month. The average cost of minimum coverage in New York is $941 per year, however we discovered that you may probably find a cheaper insurance. Main Street America, for example, has the lowest rates in New York, averaging $569 a year for minimum coverage car insurance for a 35-year-old motorist with a clean driving record.
2. How Customers Select the Lowest-Cost Companies in New York?
From 13 New York auto insurance, we discovered the five cheapest alternatives for drivers of various ages and backgrounds, all driving a 2019 Toyota Camry L. For minimal coverage, we looked at prices that corresponded to New York’s minimum criteria. We utilized the following coverage limitations for full coverage:
Each individual is liable for $100,000 in bodily harm.
Each collision has a $300,000 bodily injury liability.
Property damage liability is $50,000 per accident.
Uninsured motorist coverage of $100,000 per person.
Uninsured motorist coverage of $300,000 per accident.
Collision coverage with a deductible of $1,000.
With a $1,000 deductible, you have comprehensive coverage.
The most affordable for 20-year-old drivers
For 20-year-olds in New York, the cheapest full-coverage vehicle insurance is available.
Drivers in New York with clean driving records may want to consider the following companies, which had the lowest average rates:
-
Main Street America: $1,983 per year, or about $165 per month.
-
Progressive: $2,505 per year, or about $209 per month.
-
Erie: $2,519 per year, or about $210 per month.
-
Geico: $3,033 per year, or about $253 per month.
-
Allstate: $3,955 per year, or about $330 per month.
The most affordable minimum coverage vehicle insurance in New York for 20-year-olds
-
Main Street America: $904 per year, or about $75 per month.
-
Erie: $1,156 per year, or about $96 per month.
-
Geico: $1,203 per year, or about $100 per month.
-
Progressive: $1,291 per year, or about $108 per month.
-
Preferred Mutual: $1,622 per year, or about $135 per month.
The most affordable car insurance in New York for 20-year-olds with modest credit
-
Geico: $1,401 per year, or about $117 per month.
-
Utica National: $1,633 per year, or about $136 per month.
-
Chubb: $2,517 per year, or about $210 per month.
-
Erie: $2,583 per year, or about $215 per month.
-
Preferred Mutual: $2,665 per year, or about $222 per month.
The most affordable car insurance in New York for 20-year-old drivers with one at-fault crash
-
Main Street America: $1,170 per year, or about $98 per month.
-
Progressive: $1,477 per year, or about $123 per month.
-
Geico: $1,533 per year, or about $128 per month.
-
Erie: $1,666 per year, or about $139 per month.
-
Utica National: $1,841 per year, or about $153 per month.
After a DUI, the cheapest auto insurance in New York for 20-year-old drivers
-
Main Street America: $1,141 per year, or about $95 per month.
-
Progressive: $1,315 per year, or about $110 per month.
-
Erie: $1,979 per year, or about $165 per month.
-
Allstate: $2,263 per year, or about $189 per month.
-
Geico: $2,335 per year, or about $195 per month.
