New York Car Insurance Cost
It s getting more expensive to insure your car but there are some steps you can take to keep premiums affordable.
New york car insurance cost - However better auto insurance coverage comes with a cost. But like most states car insurance is legally. Typically auto coverage costs are greater in large cities where accidents and auto theft are more common.
For a comprehensive policy with a 500 deductible you can expect to pay 85 more than you might for liability only coverage. In new york state the average cost of car insurance is 1 349 72 making it the fifth most expensive state for car insurance in the united states. In new york city the average annual cost of car insurance is 4 103 which is much higher than both the new york state and the national average cost of car insurance.
Your auto insurance rates are affected by factors aside from geography. In new york a comprehensive insurance policy with a 1 000 deductible runs 1 428 66 more than liability only coverage. The average car insurance rate in new york is 172 a month or 2 062 a year for a driver age 30 for full coverage based on expert analysis by our team.
For example some states require drivers to purchase 100 000 worth of liability coverage per accident while others require just 20 000 or 30 000 of liability coverage. Drivers in new york city pay 19 5 more than the average annual cost of car insurance in new york state and 188 1 more than the national average. Average car insurance cost in new york by city we found that full coverage car insurance rates in new york can vary by as much as 4 849 per year depending on where you live in the state.
The average car insurance premium in new york is 1 582 per year nearly 11 more than the national average. Drivers pay an average of 1 349 72 per year which comes out to 112 47. Each state has specific requirements for the type and amount of car insurance coverage that drivers must carry.
Average cost of coverage in new york. Car insurance is expensive in new york. That s 304 more annually than the national average 1 758.
According to the insurance information institute new york is the fifth most expensive state for car insurance in the u s. Average annual automobile insurance rates in the united states rose to 1 548. How much is car insurance in new york.