How much is car insurance in NY monthly?
The average cost of full coverage car insurance in New York is $2,020 per year, or about $168 per month, according to NerdWallet's analysis. Minimum coverage in New York is $941 per year on average, but we found you can likely get a cheaper policy.
What is minimum car insurance in NY?
All drivers in New York are legally required to have an auto insurance policy with at least 25/50/10 in liability limits along with a host of additional coverages. This includes: $25,000 bodily injury per person. $50,000 bodily injury per accident.
Is car insurance high in NY?
New York has some of the most expensive car insurance costs in the nation, surpassed only by Michigan. A policy with state minimum requirements costs an average of $2,278 per year, and the average driver spends $3,433 on coverage.
Who has the cheapest car insurance in New York?
Our data indicate Erie ($615) and Travelers ($772) have the cheapest premiums in New York.
What is the average cost of car insurance in New York?
The average cost of car insurance in New York is $1,587 per year for full coverage and $859 for liability-only insurance.