Search by Keyword
Look here for Auto Insurance Quotes NY.
For Average premiums and cost comparisons by state, visit the link shown below.
Scroll down for a brief summary of recent stats and averages on car insurance in the state of New York. This page wll help New York car owners find the lowest possible premiums on auto insurance.
Minimum Liability Coverage
By law, car owners in the state of New York must pay for auto insurance coverage for each vehicle.
The minimum coverage is $25,000 in Personal Injury Protection (PIP), $50,000 to insure against death or injuries to other people, and $10,000 in coverage against property damage.
New York's minimum coverage requirement is known as 25/50/10.
In other words, New York insurance carriers pay a minimum total of $85,000 in liability coverage, per accident for each vehicle owned.
Penalties for Uninsured Drivers in NY
The penalty for operating an uninsured vehicle in New York State is a $1,500 fine and/or two weeks in jail, along with a "civil penalty" fee of $750.
Penalties for driving uninsured in New York are relatively harsh compared to other states, which explains the relatively low rate of uninsured autos on New York roads.
Average Auto Insurance Quotes NY
Last year, the average annual auto insurance premium for drivers in the state of New York was approximately $1,369, quite a bit lower than the national average, which was $1,510 at the time.
However, this statewide average failed to reflect the average annual premium for car insurance in New York City, which was about $2,650.
Lowering the Cost of NY Car Insurance
Car owners in New York reduce insurance costs in many ways.
Some pay annual premiums all at once, rather than month by month. This saves money in administrative fees.
Others maintain physical addresses in cities or states with lower premiums.
Some drivers save on premiums by increasing their deductibles.
In places where public transportation is easy, some people don't drive for three years. In this way they create a perfect “driving” record, which entitles them to deep discounts.
These are just a few of many viable options for minimizing premiums on New York auto insurance.
Probably the best way to save on car insurance is to qualify for every possible discount.
Recent consumer reviews reveal that New York's favorite car insurance companies are Economy Premiere, Old Dominion, Chubb, 21st Century and American Automobile Insurance.
Locally popular are smaller carriers like Erie Car Insurance and Mercer Insurance Group.
All you need to do is get a few free online quotes for car insurance.
Then call a few agents, ask about discounts, and compare quotes.
Then simply grab the lowest priced package.
It really is that easy.
Visit this page for a colorful, fact-filled New York State Photo Gallery.
Go here for a complete list of Universities and PhD Programs in All 50 States.
Hit this link to learn How to Work From Home Anywhere in America.
Look here for Premium Factory Outlets in All 50 States.
See this page for Affordable Travel Deals in all 50 States and Washington DC.