NY
How much car insurance costs in New York

The average driver in New York pays about $1,896 a year for full coverage — about 32% more than the US average of $1,438. That ranks New York #3 of 51 states (one of the most expensive). The car you drive then shifts it: a cheap-to-insure model can land near $910, a high-loss one well over $13,962.

STATE AVG
$1,896
New York average / year
RANK
#3
of 51 states
VS US
+32%
vs US average
MONTHLY
$158
per month (typical)
Advertisement

New York insurance cost by coverage

Average New York premium split by coverage type — liability is required, full coverage adds collision + comprehensive.

FIG.01
01
Liability-onlyper year$1,116
02
Collisionper year$541
03
Comprehensiveper year$239
04
Full coverage (combined)per year$1,896
TOP 4·UNIT avg $/yr·SOURCE NAIC 2023
Advertisement

Minimum car insurance required in New York

New York legally requires at least 25/50/10 in liability coverage — $25,000 bodily injury per person, $50,000 per accident, and $10,000 property damage. PIP is required. Uninsured-motorist coverage is required. These are legal minimums — most drivers carry more to fully protect themselves.

MIN REQUIRED
$25,000
bodily injury / person
MIN REQUIRED
$50,000
bodily injury / accident
MIN REQUIRED
$10,000
property damage
REQUIRED
PIP
injury protection required
REQUIRED
UM
uninsured motorist required

Minimum coverage is the cheapest to buy, but it may not cover a serious crash — full coverage adds collision and comprehensive for your own car.

Advertisement

Cheapest cars to insure in New York

Estimated annual premium in New York, cheapest first — state average × each car's real HLDI loss index.

FIG.02
01
Chevrolet Express48% of avg$910
02
Smart Fortwo49% of avg$931
03
Mini Cooper Roadster62% of avg$1,170
04
Volvo S60 Cross Country63% of avg$1,189
05
Buick Rendezvous65% of avg$1,236
06
Subaru Forester66% of avg$1,248
07
Buick Terraza66% of avg$1,253
08
Ford E-35066% of avg$1,253
09
GMC Acadia67% of avg$1,263
10
Mini Cooper67% of avg$1,265
11
Subaru Outback67% of avg$1,265
12
GMC Savana67% of avg$1,267
TOP 12·UNIT est. $/yr in NY·SOURCE NAIC × HLDI
Upgrade to Pro

Know what a car really costs to insure and own.

  • Your personalized rate — coverage, age & deductible
  • Insurance in the 5-year cost-to-own
  • Full coverage breakdown — cost per coverage
  • Compare insurance across cars, side by side
  • Export estimates to CSV / Excel
  • Zero ads — clean, fast pages
  • …and much more
Advertisement

Most expensive cars to insure in New York

The priciest cars to insure in New York — powerful, theft-prone and costly to repair.

FIG.03
01
McLaren 720S736% of avg$13,962
02
Bentley Continental695% of avg$13,170
03
Ferrari 458 Italia655% of avg$12,419
04
BMW i8617% of avg$11,689
05
Aston Martin DBX589% of avg$11,166
06
Aston Martin Vantage576% of avg$10,919
07
Lamborghini Huracan573% of avg$10,870
08
Bentley Flying Spur536% of avg$10,166
09
McLaren 570S484% of avg$9,177
10
Audi R8478% of avg$9,067
11
Ferrari Roma466% of avg$8,841
12
Maserati Granturismo455% of avg$8,632
TOP 12·UNIT est. $/yr in NY·SOURCE NAIC × HLDI
Advertisement

New York insurance cost by year

New York premiums are up about +20% since 2019. Average New York premium by year:

FIG.04
YearNew York avg / yr
2023$1,896/yr
2022$1,676/yr
2021$1,624/yr
2020$1,551/yr
2019$1,577/yr
ROWS 5·SOURCE NAIC

Car insurance cost in New York's largest cities

Rates vary within New York by city and ZIP — dense metros like New York City run above the state average, while smaller towns run below. Estimated typical premium in New York's biggest cities:

FIG.06
CityEst. typical / yrvs state avg
New York City$2,086/yr+10% urban
Buffalo$2,029/yr+7% urban
Rochester$1,991/yr+5% urban
Yonkers$1,972/yr+4% urban
Syracuse$1,934/yr+2% urban
Albany$1,915/yr≈ state avg
New Rochelle$1,896/yr≈ state avg
ROWS 7·SOURCE estimated · NAIC state avg

City figures are estimates — urban areas trend above the state average; your exact rate depends on your ZIP, car and record. Use the calculator above for your specific car.

Advertisement

New York car insurance — FAQ

How much is car insurance in New York?
The average is about $1,896/yr ($158/mo) for full coverage — 32% above the US average. Your exact rate depends on your car, age and record.
What is the minimum car insurance required in New York?
New York requires at least 25/50/10 liability — $25,000 bodily injury per person, $50,000 per accident and $10,000 property damage, plus PIP, plus uninsured-motorist coverage.
Is car insurance expensive in New York?
New York ranks #3 of 51 states (one of the most expensive). At $1,896/yr it is above the national average of $1,438.
What is the cheapest car to insure in New York?
On our data, low-loss models like the Chevrolet Express are cheapest to insure in New York — around $910/yr.
How much is car insurance per month in New York?
About $158/month for a typical car with full coverage — less for cheap-to-insure models, more for high-performance ones.
New York premium from NAIC state average data (2023); per-model estimates combine the state average with each car's HLDI insurance-loss index. State averages reflect all drivers; your quote varies with car, age, record, credit and coverage. For research, not a quote. Reviewed by Denis Kataev, founder of ForCar.
Advertisement