Updated: November 18, 2024
Advertising & Editorial Disclosure
The best car insurance in New York for you hinges on your requirements. American Family ranks highest overall per MoneyGeek, It's also the best choice for minimum coverage. Progressive is the choice for families with teen drivers.
If you prefer affordability than service, then consider this cheapest car insurance in New York.
Best Car InsuranceNew YorkBest Car Insurance in New York
Why Trust MoneyGeek? We created an insurance scoring system for providers in New York based on customer satisfaction, claims experience, essential coverages, affordability and financial stability using six independent sources.
These recommendations were updated in March 2024 to reflect the current best car insurance options in New York.
In New York, American Family leads with the highest MoneyGeek score of 88, outperforming its competitors in car insurance services. The scores for car insurance companies in New York range from 65 to 88, based on MoneyGeek's rigorous baseline scoring system. This system evaluates insurers across various performance metrics, with scores reflecting an insurance provider's overall value to customers. Keep in mind, MoneyGeek tailors scores for different driver profiles, so individual scores may vary.
How does MoneyGeek score companies?
At MoneyGeek, our comprehensive scores reflect a keen analysis of the insurance landscape, focusing predominantly on customer satisfaction and affordability. Simultaneously, the scores incorporate a significant emphasis on claims experience and offered coverages, demonstrating a balanced approach to determining insurer excellence. These criteria shape our recommendations, ensuring that subscribers receive insights into the most beneficial and cost-effective insurance options.
| American Family | 88 | $1,282 |
| Erie | 86 | $2,050 |
| Chubb | 85 | $2,656 |
| Progressive | 81 | $1,079 |
| State Farm | 76 | $1,927 |
| Kemper | 76 | $943 |
| GEICO | 74 | $1,883 |
| Allstate | 72 | $2,099 |
| Mercury | 68 | $3,388 |
| Travelers | 68 | $3,279 |
| Hanover | 65 | $3,826 |
MoneyGeek found that American Family is the best option in New York for drivers looking for the best full coverage car insurance. Following closely behind in rankings are:
American Family outshines its competitors mainly due to its outstanding combination of high customer satisfaction and affordability. These factors are among the most significant contributors to its leading MoneyGeek score.
With a variety of insurers available in New York, those looking to save might be interested in MoneyGeek's analysis of the companies that offer the cheapest full coverage car insurance in New York.
Ranks No. 2 in customer satisfaction.
Offers original equipment manufacturer (OEM) and gap insurance
Ranks No. 1 for key coverages.
Ranks No. 3 for affordability, with an average premium of $1,282.
Does not offer rental car and/or travel reimbursement or roadside assistance.
American Family's outstanding MoneyGeek score highlights its impressive satisfaction (34 out of 35) and coverage (10 out of 10) as the most influential components. It offers both roadside assistance and rental car and/or travel reimbursement. Additionally, American Family includes reasonably common coverages such as accident forgiveness and gap insurance, adding layers of protection for unforeseen events.
Drivers insured with American Family can enjoy the original equipment manufacturer (OEM) coverage, a rare yet widely applicable protection ensuring that any repairs use original factory parts. Auto death indemnity coverage adds a valuable layer of financial security, assisting families in the tragic event of a fatal accident.
MoneyGeek found that Chubb is the best option in New York for car insurance with a focus on customer service.
Chubb stands out in the marketplace significantly for its exceptional customer satisfaction and claims handling, which are the biggest contributors to its MoneyGeek score. Although Chubb has higher rates, customers in New York are paying for a more consistent and high-quality service experience.
In a state like New York, the variety of car insurance companies means consumers can experience different levels of customer satisfaction and claims experiences. It is vital for an insurance company to offer excellent customer service and effective claims handling as these factors directly impact the ease and satisfaction a customer feels in what could be a stressful time.
Ranks well in New York for customer satisfaction.
Ranks No. 1 in New York for claims handling.
Offers rare original equipment manufacturer (OEM) coverage.
Provides common rental car and/or travel reimbursement coverage.
Does not offer roadside assistance or gap Insurance.
With a focus on customer satisfaction and claims handling, Chubb achieves its high MoneyGeek score predominantly due to stellar ratings in these areas. While the company offers common coverage options such as rental car and/or travel reimbursement, it unfortunately lacks roadside assistance. Despite this, Chubb provides reasonably common coverage like original equipment manufacturer (OEM) coverage, adding value for drivers who prefer factory-original parts in repairs.
Chubb's car insurance portfolio includes rare coverages that are broadly applicable and beneficial for motorists. OEM coverage is particularly valuable as it ensures repairs utilize the same quality parts your vehicle had when it was new. Antique/classic car insurance is also offered, ideal for owners of vintage vehicles seeking tailored protection. Diminished value coverage further adds to Chubb's suite, providing potential compensation if your car loses value after an accident. Considering its perfect satisfaction score of 45 (out of 45) and claims handling score of 30 (out of 30), Chubb emerges as a compelling option despite a coverage score of 12 (out of 20).
MoneyGeek found that American Family is the best option in New York for drivers seeking car insurance for minimum coverage.
American Family stands out from the competition owing to its high ratings in customer satisfaction and affordability. The company’s composite MoneyGeek score is a testament to its comprehensive car insurance offerings and its ability to balance cost with quality service. Highlighting American Family’s exceptional value, minimum coverage policies are offered at an annual cost of $742, aligning with the minimum insurance required by law in New York.
While minimum coverage fulfill legal requirements, it might not always provide the most comprehensive protection ideal for financial protection. It can leave drivers vulnerable to high out-of-pocket expenses in case of serious incidents.
Offers reasonably rare OEM coverage.
Offers accident forgiveness and gap insurance.
Ranks No. 2 in New York for customer satisfaction.
Ranks No. 3 for affordability in New York, with an average annual premium of $742.
Does not offer common safe driving discount.
American Family distinguishes itself with excellent coverage and satisfaction scores, the pivotal factors that contribute to its high MoneyGeek score of 86. On average, drivers can enjoy robust protection for a modest annual premium of just $742, reflecting the value American Family places on affordability. Among its range of reasonably common discounts, automatic payment stands out as a way to save money effortlessly, while the early signing discount rewards those who plan ahead.
American Family offers a comprehensive discount program, including all of the most common discounts — bundling, good student, multiple car and safe driving. Additionally, customers can benefit from the pay in full discount, which offers savings for those paying their policy premium upfront. The defensive driving discount is advantageous for drivers committed to safety, as completing an eligible course can lead to lower premiums.
Emphasizing affordability, American Family boasts an affordability score of 36 (out of 40), alongside a high satisfaction score of 23 (out of 25) and a perfect coverage score of 10 (out of 10).
In New York, driver age significantly influences car insurance rates, with cost and available coverages shaping the selection of the best policies for different age groups. MoneyGeek found that Progressive, with a MoneyGeek score of 92, offers the best car insurance for teens at an annual premium of $1,270. For young adults, American Family leads with a score of 88, catering to this age group with premiums around $1,680. Conversely, seniors' optimal choice is Chubb, scoring 89 and providing well-rounded coverage at $2,198 annually.
Best for teens: Progressive
Best for seniors: Chubb
Best for young adults: American Family
MoneyGeek found that Progressive is the best option in New York for car insurance for teens. Progressive provides a blend of affordability, customer satisfaction and multiple coverage options for young drivers.
Progressive stands out with its exceptional score, which is a result of strong customer satisfaction and claims handling, as well as excellent coverage options. For families seeking cheap car insurance for teens in New York, the annual cost of adding a teen to a Progressive family policy at $1,270 is significantly more affordable compared to purchasing an individual policy for them.
In New York and other states, adding a teen to your car insurance policy can be expensive due to the higher risk associated with young, inexperienced drivers. Statistically, teens are more likely to be involved in accidents, prompting insurers to raise premiums to compensate for the potential risk they undertake.
Offers distant student and good student discounts.
Ranks No. 2 for claims handling in New York.
Ranks No. 2 for cost, with an average annual premium of $1,270 for full coverage.
Does not excel in customer satisfaction with a score of 33.
Lacks driver's education discount.
Progressive leads the way with a robust MoneyGeek Score of 92, thanks in large part to its perfect coverage score of 10 (out of 10) and high satisfaction score of 33 (out of 35). Progressive offers valuable discounts for young drivers, including good student and distant student discounts.
The good student discount rewards diligent students with savings on insurance premiums. Similarly, the distant student discount provides relief to families when a student is attending school far from home without a vehicle. When it comes to coverage, Progressive's custom parts coverage is a rare and appealing option that protects investments in enhancements to a vehicle, like upgraded wheels or stereo systems. Additionally, Progressive's pet coverage is another rare benefit, offering peace of mind for pet owners by covering veterinary expenses in the event of an injured pet after an accident.
MoneyGeek found that Chubb is the best option in New York for top-tier car insurance for seniors.
Chubb leads the competition largely due to its outstanding satisfaction and claims handling scores. With a premium of $2,198 annually for a senior's policy, Premiums for the cheap car insurance for seniors in New York may be slightly higher compared to premiums for individuals in younger age brackets.
Offers rental car and/or travel reimbursement coverage.
Ranks No. 1 in New York for customer satisfaction.
Ranks No. 1 in New York for claims handling.
Does not offer roadside assistance.
Ranks No. 7 in New York for affordability, with an average annual premium of $2,198.
Chubb's exceptional MoneyGeek score of 89 out of 100 is largely attributed to perfect satisfaction (35 out of 35) and strong claims handling (20 out of 20) scores. The company's lineup includes rental car and/or travel reimbursement, common coverages which is invaluable for those requiring a temporary vehicle due to an accident. Despite not offering roadside assistance, superb service and affordability make it a compelling choice. For an average annual premium of $2,198, Chubb does not offer a senior discount, but it provides other reasonably common and very rare discounts that can help policyholders save.
Chubb stands out with its rental car and/or travel reimbursement coverage. This coverage seamlessly connects with Chubb's pristine satisfaction and claims handling scores.
MoneyGeek found that American Family is the best option in New York for young adults seeking car insurance with its exceptional balance of cost and quality service.
American Family edges out the competition with its high satisfaction and coverage scores, which play significant roles in its overall 88 MoneyGeek score. Notably, American Family caters to drivers in their 20s, balancing robust coverage with affordable annual premiums. To secure cheap car insurance for young adults in New York, one can expect an annual premium at approximately $1,680.
Premiums for young adults are typically higher than for more experienced drivers due to the perceived risk associated with their age and inexperience. Insurers in New York and elsewhere factor in these risks, leading to steeper rates for young driver policies.
Ranks No. 2 in New York for customer satisfaction.
Offers good student and distant student discounts.
Ranks No. 3 in New York for cost, with an average annual premium of $1680.
Does not offer driver's education discount.
American Family's high MoneyGeek Score of 88 is chiefly attributed to exceptional satisfaction (34 out of 35) and coverage (10 out of 10) scores. While American Family provides the good student and distant student discounts, it more than compensates for not offering driver's education through its strength in service and affordability. In terms of common coverages, the company offers both roadside assistance and rental car and/or travel reimbursement, rounding out essential services for peace of mind. Notably, they do not offer accident forgiveness which may be seen as a slight negative.
American Family stands out with rare coverages that are widely applicable, such as original equipment manufacturer (OEM) coverage. This coverage ensures that in the event of an accident, your vehicle will be repaired with new parts from the original manufacturer, preserving your car's integrity and value. Other valuable coverages offered include gap insurance, which can protect your finances if your car is totaled by covering the difference between the vehicle's actual value and your loan amount. Another one is auto death indemnity coverage offering a level of financial protection in the tragic event of death due to an auto accident.
MoneyGeek found that American Family is the best option in New York for drivers with offenses seeking car insurance.
American Family stands out with its high satisfaction and affordability scores, which are significant contributors to the overall MoneyGeek score. This blend of high customer satisfaction and competitive pricing makes it especially appealing for those with speeding tickets, at-fault accidents and DUIs on their record. For drivers with offenses, the annual premium of American Family, at $1,540, underlines the fact that to get cheap car insurance as a high-risk driver in New York, one may pay more compared to drivers with clean records.
It's typically more expensive for drivers in New York and other states to secure car insurance after a ticket, at-fault accident or DUI due to the higher perceived risk. Insurance companies anticipate that drivers with a history of offenses are more likely to file claims in the future, prompting higher premiums to offset this risk.
Ranks well in New York for customer satisfaction.
Ranks well in New York for claims handling.
Offers common coverages like roadside assistance and rental car reimbursement.
Ranks No. 3 in New York for affordability.
Lacks some useful coverages for those with a poor record.
American Family's exceptional MoneyGeek Score is largely thanks to impressive satisfaction and affordability ratings (34 out of 35 and 27 out of 30, respectively). The company also excels in offering common coverages such as Rroadside assistance and rental car and/or travel reimbursement, along with reasonably common options like accident forgiveness and gap insurance. Its average annual premium stands at $1,540, indicating an affordable choice for drivers facing higher rates due to driving offenses.
American Family provides an extensive range of coverages, making it an ideal insurer for those with spotty driving records. Its roadside assistance ensures help is on hand when you're stranded due to a breakdown, while rental car and/or travel reimbursement covers the costs of transportation when your vehicle is unavailable. Accident forgiveness is a key feature as it prevents your insurance rates from increasing after your first at-fault accident. Furthermore, for customers seeking extra security, gap insurance offers financial peace of mind by covering the balance owed on a car loan if it exceeds the vehicle's actual value post-accident.
MoneyGeek found that Kemper is the best option in New York for drivers with new cars looking for car insurance. Kemper stands out among its competitors primarily because it provides essential coverages like new car replacement and/or better car replacement,
The highest contributors to the Kemper's MoneyGeek score were customer satisfaction, affordability and claims handling. With an annual premium of $1,125, opting for an insurer like Kemper with new or better car replacement coverage can be a financially prudent choice in the long run. Although premiums might be higher, after an accident, having such coverage ensures you're not just compensated for the depreciated value of your car but for the replacement cost of a new vehicle.
Ranks No. 2 in New York for claims handling.
Customer satisfaction standing could be improved.
With an impressive MoneyGeek Score of 80, Kemper excels due to its high marks in affordability (30 out of 30) and satisfaction (28 out of 35). Kemper offers new car replacement coverage, although this is an optional add-on. With an average annual premium of $1,125, Kemper provides competitive value.
Kemper’s new car replacement allows drivers to replace their totaled vehicle with a brand new one of the same make and model. Common coverages provide a fundamental layer of protection, but for those who have invested in a new vehicle, opting for this reasonably common coverage secures the initial investment's value beyond typical loss considerations.
MoneyGeek found that American Family is the best option for car insurance for military personnel in New York.
While USAA is a notable provider for those connected to the military, it did not come out on top in New York based on its MoneyGeek score.
American Family distinguishes itself as the leading provider, likely due to its superior balance of customer satisfaction, claims handling and comprehensive coverage options. With an annual premium of $1,282, it offers quality service at an affordable rate for military families. For those prioritizing affordability, the cheapest car insurance in New York for military drivers should also be considered.
Ranks well for key coverages, offering rare OEM and common roadside assistance.
Offers accident forgiveness and gap insurance, reasonably common coverages.
Does not excel in customer service.
Ranks No. 3 for cost, with an average annual premium of $1,282.
Does not offer rental car and/or travel reimbursement.
American Family's remarkable MoneyGeek score is primarily driven by excellent satisfaction (32 out of 35) and perfect mark for coverage (10 out of 10). With an average annual premium of $1,282, it stands as a frontrunner in car insurance.
American Family offers a suite of valuable coverages, including the rare original equipment manufacturer (OEM) coverage, which ensures repair with original parts — a significant benefit for maintaining your car's integrity and value. Additionally, it offers reasonably common coverage like accident forgiveness, which prevents your insurance rates from increasing after your first at-fault accident. Roadside assistance is another common coverage that provides assistance practically anywhere your car breaks down, ensuring you are never stranded.
In New York, the best car insurance companies stand out by offering a harmonious blend of affordability, financial strength and a proven track record of excellent customer service. While MoneyGeek has meticulously researched these aspects on your behalf, comprehensive personal research involves a multi-step process to ensure you make the most informed decision for your unique needs.
Exceptional customer service is a cornerstone for car insurers in New York, as it ensures reliable support in times of need. Drivers are encouraged to consult independent data providers like J.D. Power and the NAIC to gauge a company's service track record. According to MoneyGeek's research, Chubb stands out in New York with the highest customer satisfaction score of 45 and claims score of 30, both out of a maximum of 45 and 30, respectively.
Comparing quotes is essential for New York drivers seeking to balance cost savings with quality service. Personal research is recommended to determine the most affordable options based on individual circumstances. MoneyGeek's findings suggest American Family offers the best minimum coverage in New York, with an annual premium of $742, marking it a cost-effective choice for budget-conscious motorists.
Selecting the right coverages is crucial for New York drivers to ensure their insurance needs are met. Drivers should investigate which insurers provide coverages that align with their requirements. MoneyGeek's evaluation reveals that no insurer achieved a perfect coverage score of 10; however, American Family, Progressive, Allstate, Travelers, Hanover and GEICO each scored 8 or higher, indicating they offer three of the most vital coverages.
The financial stability of an insurer is pivotal, as it reflects the company's ability to fulfill claims without financial hindrance. Researching this aspect can safeguard against potential risks. According to MoneyGeek, Travelers, GEICO, State Farm and Chubb each received a perfect stability score of 5, denoting their superior financial strength and reliability in claim situations.
The best car insurance options for you largely depend on your specific needs and preferences. We’ve answered some of the most common questions to help you make the right purchase.
For those seeking the best for cheap car insurance in New York, American Family leads with an annual premium of $742 for a minimum coverage policy. Its overall MoneyGeek score is 86. While minimum coverage policies are the most affordable, they may not provide comprehensive protection. It's advisable to compare quotes to potentially find affordable full coverage policies for a better financial protection.
About Mark Fitzpatrick
Mark Fitzpatrick is a Licensed Property and Casualty Insurance Producer and MoneyGeek's Head of Insurance. He has analyzed the insurance market for over five years, conducting original research and creating personalized content for every kind of buyer. He has been quoted in several insurance-related publications, including CNBC, NBC News and Mashable.
Fitzpatrick earned a master’s degree in economics and international relations from Johns Hopkins University and a bachelor’s degree from Boston College. He is passionate about using his knowledge of economics and insurance to bring transparency around financial topics and help others feel confident in their money moves.
