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The Cheapest Car Insurance in New York for July 2025

NYCM offers the cheapest full coverage in New York, with an average rate of $1,356 per year, according to NerdWallet's July 2025 analysis.

The Cheapest Car Insurance in New York for July 2025
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Jul 1, 2025
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The cheapest car insurance in New York, at a glance

  • NYCM offers the cheapest full coverage in New York, with an average monthly rate of $113, according to NerdWallet's July 2025 analysis.

  • NYCM offers the cheapest liability coverage in New York, with an average monthly rate of $31.

  • Strict editorial guidelines to ensure fairness and accuracy in our coverage to help you choose the financial products that work best for you. See our criteria for evaluating auto insurance.

  • More than 270 million rates analyzed by our team of specialists.

  • More than 50 insurance companies analyzed in all 50 states and Washington D.C.

You can trust the prices we show you because our data analysts take rigorous measures to eliminate outliers and inaccuracies in pricing data, which includes rates from every locale in the state where coverage is offered and data is available. When comparing rates for different coverage amounts, ages and backgrounds, we change only one variable at a time, so you can easily see how each factor affects pricing.


See what you could save on car insurance

Easily compare personalized rates to see how much switching car insurance could save you.


The average cost of full coverage car insurance in New York is $2,897 per year, or $241 per month, according to our analysis. Minimum coverage in New York costs an average of $943 per year, or $79 per month.

Cheapest car insurance in New York for July 2025

NerdWallet analyzed rates for 18 insurers to find the cheapest auto insurance in New York. We reviewed rates for drivers of different ages, with different driving histories and coverage types, to find the companies offering the best deals for a variety of driver profiles.

Be aware that your rates will probably be different because of personal characteristics like your age, driving record, car and ZIP code. We recommend getting quotes from several of the companies below to find out which insurer will actually be the cheapest for you.

Full coverage insurance will help pay for repairs to your own vehicle after an at-fault accident, as well as damage and injuries you cause to others. If you have a car loan or lease, your lender will likely require you to carry full coverage, which includes comprehensive and collision insurance. These coverage types pay you if your car is stolen or damaged in an accident you cause, among other scenarios.

These rates are based on a 35-year-old driver with good credit and a clean driving history.

CompanyMedian annual rateMedian monthly rate
NYCM$1,356$113
Erie$1,529$127
Progressive$1,535$128
Travelers$1,911$159
Preferred Mutual$2,052$171

Rates refreshed July 2025.

Risks of liability car insurance

Liability coverage is typically the cheapest car insurance available, and that usually means getting the barest coverage required by law in your state. But state requirements can be quite low and leave you financially vulnerable if you’re in a serious accident.

Getting the cheapest car insurance possible might also mean missing out on optional coverage types that can help cover your own injuries or property damage — for example, when you’re injured in an accident or if your car is banged up after a bad storm or a hit-and-run. To find cheap car insurance with more coverage, check out NerdWallet’s list of cheap full coverage insurance.

Cheapest car insurance in large New York cities

NerdWallet analyzed rates for 35-year-old drivers with a range of driving histories in some of the largest cities in New York.

  • Below are the cheapest insurers we found in Buffalo. To see the full list, read NerdWallet's analysis of car insurance in Buffalo.

    CategoryCheapest CompanyMedian annual rate
    Clean driving historyProgressive$1,732
    After a DUIProgressive$1,784
    After an accidentNYCM$2,208
    After a speeding ticketProgressive$2,001
    Having poor creditPreferred Mutual$3,100

    Rates refreshed July 2025.

  • Below are the cheapest insurers we found in New York City. To see the full list, read NerdWallet's analysis of car insurance in New York City.

    CategoryCheapest CompanyMedian annual rate
    Clean driving historyProgressive$3,128
    After a DUIProgressive$3,235
    After an accidentErie$4,185
    After a speeding ticketProgressive$3,625
    Having poor creditGEICO$5,281

    Rates refreshed July 2025.

Cheapest auto insurance in New York by age

Your age can have a big impact on your car insurance rates. Teens pay the most, with rates typically decreasing once you hit your 30s and going up again in your 70s.

All rates are for drivers with clean driving records and good credit.

  • Young drivers may have to get a lot of quotes to find the best cheap car insurance. Prices can be high in your 20s, but tend to come down as you get more experience on the road. Still, some companies routinely have better insurance rates for young drivers, so it's best to shop around to find them.

    CompanyMedian annual rateMedian monthly rate
    NYCM$2,001$167
    Progressive$2,746$229
    Erie$2,924$244
    Travelers$4,347$362
    Central Insurance$5,136$428

    Rates refreshed July 2025.

  • By the time they reach their 30s, most drivers will enjoy cheaper car insurance rates than in their teens and 20s. Still, factors like a person’s driving record and car make and model can increase prices. Drivers in their 30s can get lower rates by shopping around and taking advantage of any car insurance discounts.

    CompanyMedian annual rateMedian monthly rate
    NYCM$1,489$124
    Progressive$1,573$131
    Erie$1,600$133
    Travelers$1,977$165
    Preferred Mutual$2,052$171

    Rates refreshed July 2025.

  • While insurance rates vary by age and gender, drivers in their 40s can often expect to get cheap insurance rates from most companies. You may find even cheaper rates from smaller or regional insurers.

    CompanyMedian annual rateMedian monthly rate
    NYCM$1,284$107
    Progressive$1,460$122
    Erie$1,495$125
    Travelers$1,868$156
    Preferred Mutual$2,052$171

    Rates refreshed July 2025.

  • Car insurance costs may start to rise for older drivers, so it’s wise to shop around for the cheapest rates. You can also check for senior discounts. For example, some insurers offer discounts to senior drivers who take a defensive driving course.

    CompanyMedian annual rateMedian monthly rate
    NYCM$1,133$94
    Progressive$1,359$113
    Erie$1,367$114
    Travelers$1,598$133
    Preferred Mutual$1,635$136

    Rates refreshed July 2025.

  • Our analysis shows that older drivers with good credit and a clean driving history enjoy some of the cheapest auto insurance rates, but car insurance rates for senior drivers start to creep up once you reach your 70s.

    CompanyMedian annual rateMedian monthly rate
    Erie$1,425$119
    NYCM$1,501$125
    Progressive$1,504$125
    Travelers$1,767$147
    Preferred Mutual$1,810$151

    Rates refreshed July 2025.

More Nerdy Perspective

New York State doesn't require uninsured motorist property damage coverage. This means if your car is damaged by a driver who didn't share their insurance information with you, a minimum coverage policy won't pay for repairs. To anyone driving in the city, it might be worth considering full coverage car insurance that would pay to repair such damage — I've seen one too many dangling side mirrors on parallel parked cars to think otherwise!

Profile photo of Isabel Contreras
Profile photo of Isabel Contreras
Isabel Contreras, lead writer on Insurance

Cheapest car insurance in New York by driving record

Having a driving violation on your record is likely to increase your car insurance premium. How much more you’ll pay depends on the type of violation, your car insurance carrier and your other personal characteristics.

NerdWallet found the companies offering the lowest car insurance rates for 35-year-old drivers with different driving records. If you have multiple violations on your record, consider looking into the best high-risk car insurance companies.

  • In most cases, a speeding ticket affects the cost of car insurance, but insurers use different equations to calculate prices. So, if your rates rose after a recent ticket, you may still be able to get cheaper coverage by shopping around.

    CompanyMedian annual rateMedian monthly rate
    NYCM$1,601$133
    Erie$1,728$144
    Progressive$1,769$147
    Travelers$1,911$159
    Sterling Insurance$2,926$244

    Rates refreshed July 2025.

  • An accident can affect your car insurance costs for up to three years, depending on your location and your insurer. But not all insurance companies use the same pricing model, so it can be hard to predict how much insurance will increase after an accident. If your insurance went up after a recent crash, you might find cheaper options by shopping around.

    CompanyMedian annual rateMedian monthly rate
    NYCM$1,664$139
    Erie$1,911$159
    Progressive$2,058$171
    Sterling Insurance$3,288$274
    Travelers$3,512$293

    Rates refreshed July 2025.

  • A DUI on your driving record can significantly increase the cost of car insurance. Our analysis showed that a 35-year-old in New York with a clean driving history could get full coverage insurance for $113 a month, on average, while that same driver could pay $132 for the same coverage after a DUI. This makes it especially valuable to shop for cheap car insurance after a DUI.

    CompanyMedian annual rateMedian monthly rate
    Progressive$1,578$132
    NYCM$1,919$160
    Erie$2,360$197
    Travelers$3,546$296
    Allstate$4,465$372

    Rates refreshed July 2025.

🤓Nerdy Tip

If car insurance companies are declining to offer you coverage due to DUIs, crashes or other factors, you could qualify for car insurance through the New York Automobile Insurance Plan (NYAIP).

Cheapest car insurance in New York by credit history

Your credit history can impact your auto insurance rates in New York. Insurers use a credit-based insurance score, which is different from your regular credit score, to determine the likelihood you’ll file a claim.

NerdWallet found the companies offering the lowest car insurance rates for 35-year-old New York drivers with poor credit.

  • CompanyMedian annual rateMedian monthly rate
    Preferred Mutual$2,552$213
    Utica National$2,758$230
    NYCM$3,072$256
    Erie$3,120$260
    Travelers$3,510$293

    Rates refreshed July 2025.

  • CompanyMedian annual rateMedian monthly rate
    NYCM$1,356$113
    Erie$1,529$127
    Progressive$1,535$128
    Travelers$1,911$159
    Preferred Mutual$2,052$171

    Rates refreshed July 2025.

Cheapest car insurance in New York for military families

USAA Auto Insurance

USAA

USAA offers insurance to active military, veterans and their families only.
Discounts Great set of discounts
Ease of use Above average
NAIC complaints Fewer than expected

If you're an active member of the military or a veteran — or you have an immediate family member who is — chances are you'll get a relatively cheap rate with USAA, a company that isn't available to the general public.

Because of that restriction, USAA isn't ranked with the others, but it was among the cheapest five auto insurance options for 36 of the 70 driver profiles we examined. Read our USAA auto insurance review.


See what you could save on car insurance

Easily compare personalized rates to see how much switching car insurance could save you.


Minimum auto insurance limits in New York

New York auto insurance laws require car owners to carry liability insurance, personal injury protection (PIP) and uninsured motorist bodily injury coverage (UMBI).

The minimum coverage limits in New York are:

  • $25,000 bodily injury liability per person.

  • $50,000 bodily injury liability per accident.

  • $50,000 liability for death per person.

  • $100,000 liability for death per accident.

  • $10,000 property damage liability per accident.

  • $50,000 PIP.

  • $25,000 UMBI per person.

  • $50,000 UMBI per accident.

Liability car insurance covers the cost of any damage, injuries or deaths you cause in a car accident, up to your policy’s predefined limits.

Personal injury protection will cover your medical bills and expenses if you’re injured in a car crash, up to your policy limits, no matter whose fault it was. Depending on your state, PIP may also pay for:

  • Lost wages if you’re unable to work due to injuries from an accident.

  • Services you can no longer perform, like house cleaning or child care, because of your injuries.

  • Funeral costs if an accident-related injury leads to death.

  • A small death benefit as a cash payout.

Uninsured motorist coverage will cover expenses from injuries or damage after an accident with a driver who doesn’t have car insurance. Underinsured motorist coverage will cover the same expenses if you’re hit by a driver with some car insurance, but not enough to cover all costs from the crash.

For the best financial protection, consider buying more than the bare minimum coverage. Any costs that surpass your coverage limits would have to come out of your own pocket, so with these minimums, a serious accident could easily leave you owing more than, say, $10,000 to repair another driver's car.

Methodology

NerdWallet averaged rates based on public filings obtained by pricing analytics company Quadrant Information Services. We examined rates for 35-year-old men and women for all ZIP codes in all 50 states and Washington, D.C.

Unless otherwise stated, our analysis was based on our base driver profile, which has the following characteristics and coverage levels:

35 years old

Single. Male or female.

2022 Toyota Camry LE

12,000 annual miles driven.

Good driving record and credit

  • No moving violations.

  • "Good driving" discount applied.

  • Good credit-based insurance score.


Bodily injury liability coverage

$100,000 per person. $300,000 per crash.


Property damage liability coverage

$50,000 per crash.


Uninsured motorist bodily injury coverage

$100,000 per person. $300,000 per crash.


Collision coverage

With a $1,000 deductible.


Comprehensive coverage

With a $1,000 deductible.


  • For all other driver profiles, we used the same assumptions, with the following exceptions:

    • We changed the credit tier from “good” to “poor,” as reported to the insurer, to see rates for drivers with poor credit. These rates are based on credit score approximations and do not account for proprietary scoring criteria used by insurance providers.

    • For drivers with one at-fault crash, we added a single at-fault crash that happened six months ago, resulting in $10,000 in property damage and no bodily injury claim.

    • For drivers with a DUI, we added a single drunken driving violation that happened six months ago.

    • For drivers with a ticket, we added a single speeding violation for driving 16 mph over the speed limit.

    • For young drivers, we considered 20-year-olds with good credit and no driving violations.

    • For millennial drivers, we considered 40-year-olds with good credit and no driving violations. 

    • For senior drivers, we considered 70-year-olds with good credit and no driving violations.

These are median rates, and your rate will vary based on your personal details, state and insurance provider. Sample drivers had the minimum required coverage by law in each state. Some policies include additional coverage at the insurer’s discretion.

Although it’s one of the largest insurers in the country, Liberty Mutual is not included in our rates analysis due to a lack of publicly available information.