Kemper offers the cheapest minimum coverage in New York for most low-income drivers with clean records and good credit. Progressive and GEICO are often more affordable for those with violations and bad credit.
Cheapest Low-Income Car Insurance in New York
Updated: February 5, 2025
Advertising & Editorial Disclosure
Key Takeaways
While New York doesn't have a low-income car insurance program, you can find affordable plans that meet state minimum requirements.
For most low-income drivers, the cheapest insurance options include Kemper, Progressive, American Family and GEICO.
Save on car insurance by comparing different providers and checking for discounts.
Cheapest Car Insurance Companies for Low-Income Drivers in New York
| Progressive | Young Drivers | $64 |
| Kemper | Adults | $57 |
| Kemper | Seniors | $57 |
| Progressive | Drivers With a Speeding Ticket | $63 |
| Progressive | Drivers With a DUI | $64 |
| Progressive | Drivers With an Accident | $61 |
| GEICO | Bad Credit | $127 |
*All rates in this table, except for adults, are based on a modified profile of a 40-year-old driver with good credit and a clean record insuring a 2012 Toyota Camry. The age ranges are 22 to 29 for young drivers, 30 to 59 for adults and 60+ for seniors.
Compare Cheap Low-Income Car Insurance Providers
Use the table to find the most affordable insurance provider for your driver profile.
Data filtered by:Results filtered by:
Select
Age Range:30-59
Select
Driving Record:Clean
Select
Credit Score:Good
Select
Coverage Level:State Minimum Liability Only
| Kemper | $57 | $685 |
| Progressive | $61 | $729 |
| American Family | $72 | $863 |
| GEICO | $77 | $920 |
| Erie | $106 | $1,271 |
Cheapest Car Insurance for Families With Low Income in New York
Kemper offers the most affordable car insurance for low-income families in New York. Monthly rates start at $50 for married couples with a teen, $143 for single parents with a teen and $53 for adding a spouse without a teen.
Data filtered by:Results filtered by:
Select
Family Type:Married Couple with Teen
| Kemper | $597 | $50 |
| GEICO | $1,017 | $85 |
| Progressive | $1,066 | $89 |
| Allstate | $1,354 | $113 |
| State Farm | $2,070 | $173 |
| Travelers | $2,402 | $200 |
*Rates for couples and single parents with teens apply to a 16-year-old driver. Those for a married couple without children are based on a 40-year-old male with good credit and a clean driving record.
Tips to Save On Car Insurance for Low-Income Drivers
Here are some ways to reduce your car insurance costs:
- 1
Choose minimum coverage
Minimum coverage is a cost-effective way to comply with state law. It offers only basic protection and won't cover all costs if you're responsible for an accident.
- 2
Compare quotes
Getting estimates from multiple insurers allows you to select the most affordable choice. Use online tools, independent brokers, provider agents and insurer websites for thorough pricing comparisons.
- 3
Look for discounts
Insurance providers offer discounts for good grades, a clean driving record, military service or completing a defensive driving course.
- 4
Increase your deductible
Raising the deductible on collision or comprehensive coverage can lower premiums, but ensure you can afford it if a claim arises.
- 5
Consider pay-per-mile insurance
Pay-per-mile insurance benefits occasional drivers by combining a low monthly fee with a per-mile rate, charging only for the distance driven.
- 7
Get a cheaper car to insure
A vehicle's make, model and year affect insurance costs. Opting for a cheaper car to insure, such as an older and more reliable model, can greatly reduce premiums.
Minimum Car Insurance Requirements in New York
Drivers in New York must meet these minimum car insurance requirements:
- $25,000 in bodily injury liability per person
- $50,000 in bodily injury liability per accident
- $10,000 in property damage liability per accident
- $25,000 uninsured/underinsured motorist coverage per person
- $50,000 uninsured/underinsured motorist coverage per accident
- $50,000 personal injury protection (PIP) per person
- $50,000 death liability coverage per person
- $100,000 death liability coverage per accident
If you're leasing or financing, you'll need a liability coverage split of 100/300/100, along with comprehensive and collision protection.
WHY MINIMUM COVERAGE MAY NOT BE RIGHT FOR YOU
Minimum car insurance pays for the other driver's costs if you cause a crash. But it doesn't cover your car repair costs or legal bills. If you often drive and can afford it, consider getting more coverage for better protection.
Cheap Low-Income Car Insurance in New York: Bottom Line
Kemper offers the most affordable car insurance in New York for low-income drivers with clean records and good credit. Progressive has the lowest rates for those with a driving violation, while GEICO is best for drivers with poor credit. Compare providers through various methods to find the best deal.
Low-Income Auto Insurance in New York: FAQ
Finding affordable car insurance is hard for low-income drivers. Here are answers to common questions on saving money.
What is the cheapest car insurance for low-income drivers in New York?
Minimum coverage is often the most affordable option for low-income drivers but may not suffice if you have a financed or leased car. Kemper offers the lowest minimum coverage rate in New York at $57 monthly, and Progressive has the cheapest full coverage at $95.
Does New York have a state-supported low-income car insurance program?
New York has no state-supported program to assist low-income drivers with car insurance.
Does your income affect the cost of car insurance in New York?
Income doesn't directly affect car insurance premiums in New York. Factors like driving record and vehicle type are more significant.
How We Chose the Cheapest Car Insurance for Low-Income Drivers
Study Overview
MoneyGeek looked at car insurance rates in New York using data from the New York State Department of Financial Services and Quadrant Information Services.
Data Acquisition, Depth and Analysis
MoneyGeek analyzed 328,384 quotes from 14 companies in 370 ZIP codes to find the average cost of car insurance for low-income drivers in New York.
Sample Driver Profile
We used a sample driver profile with the following attributes to determine average car insurance rates for low-income drivers in New York :
- 40-year-old male
- 2012 Toyota Camry LE
- Clean driving record
- 12,000 miles driven annually
We modified factors like age, family status, driving history and credit history to see how rates change for certain driver profiles.
Our study defines seniors as 60 or older, young drivers as 22 to 29 and adults as 30 to 59. Married couples with a child include 40-year-old male and female drivers with a 16-year-old teen. Single parents with children are 40-year-old male or female drivers with a 16-year-old teen.
Coverage Levels and Deductibles
Our data shows minimum coverage rates, which follow New York law and are affordable for low-income drivers.
About Mark Fitzpatrick
Mark Fitzpatrick, a Licensed Property and Casualty Insurance Producer, is MoneyGeek's resident Personal Finance Expert. With over five years of experience analyzing the insurance market, he conducts original research and creates tailored content for all types of buyers. His insights have been featured in publications like CNBC, NBC News and Mashable.
Fitzpatrick holds a master’s degree in economics and international relations from Johns Hopkins University and a bachelor’s degree from Boston College. He's also a five-time Jeopardy champion!
Passionate about economics and insurance, he aims to promote transparency in financial topics and empower others to make confident money decisions.