Car Insurance Cost in Albany, NY (2024 Cheapest + Rankings)

• Albany car insurance rates average $1,612 per year for full coverage, or approximately $134 per month.
• Auto insurance rates for a few popular models in Albany include the Chevrolet Silverado at $1,780 per year, Jeep Wrangler at $1,840, and Ram Truck at $1,864.
• For cheap auto insurance in Albany, NY, compact SUV models like the Subaru Crosstrek, Nissan Kicks, Toyota Corolla Cross, and Mazda CX-5 have the most affordable rates.
• Vehicles with segment-leading auto insurance rates in Albany include the Chevrolet Tahoe, Acura RDX, Toyota GR Corolla, and Mercedes-Benz CLA250.

How much does car insurance cost in Albany?

Average car insurance rates in Albany cost $1,612 per year, or approximately $134 per month. When compared to the U.S. average rate, Albany car insurance cost is 15.5% cheaper per year.

In the state of New York, average car insurance cost is $2,184 per year, so the average cost in Albany is $572 less per year. The average cost to insure a vehicle in Albany compared to other New York locations is around $30 per year more expensive than in Rochester, $86 per year cheaper than in Syracuse, and $362 per year cheaper than in Buffalo.

The chart below shows a summary of car insurance rates in Albany for 2024 model year vehicles, averaged for a wide range of driver ages and possible risk profiles.

Average rates in the chart above range from $1,336 per year for a 40-year-old driver who qualifies for a discount rate to $3,708 per year for a 20-year-old driver with too many violations and accidents. The average rate we use to compare different vehicles or locations is the 40-year-old safe driver rate, which is an average cost of $1,612 per year.

As a monthly rate, average car insurance cost in Albany ranges from $111 to $309 for the same driver risk profiles shown in the prior chart.

Auto insurance rates vary considerably and are impacted by many factors. Due to the high likelihood of rate variability, this stresses the need to get multiple car insurance quotes when trying to find more affordable car insurance.

The age of the driver has the biggest impact on the price you pay for car insurance, so the list below illustrates these differences by showing average car insurance rates in Albany for driver ages 16 through 60.

Average car insurance cost for Albany, NY, drivers age 16 to 60

• 16-year-old rated driver – $5,742 per year or $479 per month
• 17-year-old rated driver – $5,562 per year or $464 per month
• 18-year-old rated driver – $4,984 per year or $415 per month
• 19-year-old rated driver – $4,539 per year or $378 per month
• 20-year-old rated driver – $3,244 per year or $270 per month
• 30-year-old rated driver – $1,720 per year or $143 per month
• 40-year-old rated driver – $1,612 per year or $134 per month
• 50-year-old rated driver – $1,428 per year or $119 per month
• 60-year-old rated driver – $1,338 per year or $112 per month

The previous rates shown for insuring teenage drivers assumed a male driver. The next chart goes into more detail for teenage car insurance rates and illustrates average car insurance rates for teenagers by gender. In general, female drivers tend to have cheaper car insurance, especially as teenagers.

Auto insurance for a 16-year-old female in Albany costs an average of $380 less per year than the cost to insure a male driver, while at age 19, the cost difference is less but females still cost $701 less per year.

Popular vehicles and the cost to insure them

The auto insurance costs referenced previously are the average cost across all 2024 model year vehicles, which is useful for making general comparisons such as between locations or by driver risk profile. Average car insurance rates are a good metric when answering questions like “is Albany auto insurance cheaper than Yonkers?” or “are New York auto insurance rates cheaper than in Arizona?”.

But for more in-depth cost comparisons, we should analyze the specific vehicle being insured. Each make and model has different characteristics for physical damage and liability claims, and this data provides for detailed comparisons.

The chart below breaks down average insurance cost for some of the more popular models cruising around Albany. Later in this article, we’ll explore rates for some of these vehicles even more in-depth.

What are the cheapest car insurance rates in Albany?

When comparing vehicles from every automotive segment, the models with the lowest cost average insurance quotes in Albany, NY, tend to be compact SUVs like the Chevrolet Trailblazer, Kia Soul, and Buick Envision. Average insurance rates for those models cost $1,308 or less per year ($109 per month) to get full coverage.

Additional vehicles that have very good car insurance rates in our auto insurance price comparison are the Volkswagen Taos, Kia Niro, Ford Bronco Sport, and Buick Encore.

Insurance rates are a few dollars per month higher for those models than the cheapest crossovers and small SUVs at the top of the rankings, but they still have an average cost of $115 or less per month in Albany.

A table of 20 of the cheapest vehicles to insure in Albany is not the best way to show an overall summary of the cost of auto insurance in Albany. A more thorough way to rank car insurance rates in a coherent manner is to sort them by the segment they belong to.

The next section of this article further discusses the cost of auto insurance based on automotive segment. The average rates shown in the chart will provide a better idea of the vehicle segments that have the best car insurance rates in Albany. The six sections following the chart break out the specific models that have the cheapest insurance rates in each segment.

Average cost of insurance by automotive segment

If you’re considering buying a different vehicle, it’s advantageous to know which kinds of vehicles are more affordable to insure.

For instance, maybe you’re curious if compact SUVs cost less to insure than midsize SUVs or if full-size pickups are more expensive to insure than midsize pickups.

The next chart shows average auto insurance cost by vehicle segment in Albany. When looking at rates from a segment perspective, compact SUVs, midsize trucks, and minivans have the cheapest average car insurance rates, while sports cars, large luxury cars, and performance exotic cars have the most expensive insurance.

Segment rates can be used for making an overall comparison, but cost ranges substantially within each segment shown in the chart above.

For example, in the midsize car segment, rates range from the Hyundai Ioniq 6 costing $1,484 per year up to the Tesla Model 3 at $1,894 per year.

Also, in the large truck segment, the cost of insurance ranges from the Nissan Titan costing $1,508 per year up to the Toyota Tundra at $1,920 per year.

In the following sections, we eliminate this variability by looking at the cost of auto insurance in Albany on a model level.

Cars with the best insurance rates in Albany, NY

Ranking in the top five for the lowest-cost Albany auto insurance rates in the non-luxury car segment are the Nissan Sentra, Nissan Leaf, Toyota GR Corolla, Honda Civic, and Subaru Impreza. Auto insurance rates for these 2024 models average $124 or less per month.

Not the cheapest to insure, but still ranked well, are models like the Kia K5, Honda Accord, Toyota Prius, and Hyundai Ioniq 6, with an average cost to insure of $1,564 per year or less.

In the bottom half of the top 20, models like the Kia Forte, Mazda 3, Volkswagen Arteon, Mitsubishi Mirage G4, and Volkswagen Jetta cost between $1,564 and $1,666 per year for auto insurance in Albany.

From a monthly standpoint, auto insurance rates on this segment in Albany for the average driver can cost as low as $117 per month, depending on the company and your location. The next table ranks the twenty cars with the most affordable insurance rates in Albany, starting with the Toyota GR Corolla at $1,402 per year and ending with the Mazda 3 at $1,666 per year.

For all vehicle comparisons, see our guides for compact car insurance, midsize car insurance, and full-size car insurance.

Don’t see rates for your vehicle? Enter your zip code at the bottom of the table above and click the orange ‘GO’ button to get free Albany car insurance quotes from top-rated car insurance companies in New York.

Cheapest SUVs to insure in Albany, New York

The lowest-cost SUVs to insure in Albany are the Subaru Crosstrek at $1,192 per year, the Chevrolet Trailblazer at $1,212 per year, and the Kia Soul at $1,258 per year.

Also ranking well are models like the Ford Bronco Sport, Hyundai Venue, Buick Envision, and Mazda CX-5, with an average cost of $1,322 per year or less.

On a monthly basis, car insurance rates in Albany on this segment for the average driver starts at an average of $99 per month, depending on where you live.

When vehicle size is considered, the most affordable non-luxury compact SUV to insure in Albany is the Subaru Crosstrek at $1,192 per year, or $99 per month. For midsize models, the Honda Passport has the best rates at $1,284 per year, or $107 per month. And for large SUVs, the Chevrolet Tahoe has the most affordable rates at $1,514 per year, or $126 per month.

The table below ranks the SUVs with the lowest-cost auto insurance rates in Albany.

For more car insurance comparisons, see our guides for compact SUV insurance, midsize SUV insurance, and full-size SUV insurance.

Don’t see your vehicle? Enter your zip code at the bottom of the above table and click the orange ‘GO’ button to get free car insurance quotes from top-rated companies in New York.

Cheapest luxury car insurance rates in Albany, NY

Ranking in the top five for the lowest-cost Albany car insurance rates in the luxury car segment are the Acura Integra, Lexus IS 300, BMW 330i, Acura TLX, and Mercedes-Benz CLA250. Auto insurance quotes for these vehicles average $1,670 or less per year.

Not the cheapest in the list, but still ranking well, are cars like the Lexus ES 350, Mercedes-Benz AMG CLA35, Genesis G70, and Lexus RC 300, with an average car insurance cost of $1,696 per year or less.

Some additional vehicles that rank well include the Lexus ES 300h, Lexus ES 250, BMW 330e, BMW 228i, and Lexus RC 350, which average between $1,696 and $1,808 to insure per year.

On a monthly basis, full-coverage auto insurance in this segment starts at an average of $120 per month, depending on where you live and the company you use.

When ranked by vehicle size, the cheapest compact luxury car to insure in Albany is the Acura Integra at $1,434 per year, or $120 per month. For midsize 2024 models, the Mercedes-Benz CLA250 has the cheapest rates at $1,660 per year, or $138 per month. And for full-size luxury car models, the Audi A5 has the best rates at $1,908 per year, or $159 per month.

The rate comparison table below ranks the cars with the lowest-cost car insurance rates in Albany, starting with the Acura Integra at $120 per month and ending with the Audi S3 at $151 per month.

See our comprehensive guide for luxury car insurance to view data for vehicles not featured in the table.

Don’t see insurance cost for your luxury car? Enter your zip code at the bottom of the table above and click the orange ‘GO’ button to get free Albany car insurance quotes from the best car insurance companies in New York.

Cheap luxury SUV insurance rates in Albany, NY

Taking the top ranking in Albany for cheapest insurance in the luxury SUV segment is the Acura RDX, at $1,348 per year. Second place is the Lexus NX 250 at $1,428 per year, the third most affordable is the Cadillac XT4, costing an average of $1,456 per year, and coming in fourth is the Jaguar E-Pace, at an average of $1,508 per year.

Other models that have affordable average insurance rates are the Lexus UX 250h, Lexus NX 450h, Lexus NX 350h, and Mercedes-Benz GLB 250, with an average car insurance cost of $1,554 per year or less.

Ranked in the bottom half of the top 20 cheapest luxury SUVs to insure, SUVs like the Infiniti QX60, Infiniti QX50, Mercedes-Benz AMG GLB35, Acura MDX, and Mercedes-Benz GLA250 average between $1,554 and $1,618 per year for insurance in Albany.

Car insurance rates in this segment will start around $112 per month, depending on your company and location.

The table below ranks the twenty SUVs with the most affordable average insurance rates in Albany, starting with the Acura RDX at $112 per month and ending with the Lexus NX 350 at $135 per month.

See our comprehensive guide for luxury SUV insurance to view data for vehicles not featured in the table.

Looking for rates for a different model? No sweat! Enter your zip code at the bottom of the table and click the orange ‘GO’ button to get free car insurance quotes from top companies in New York.

Cheap pickup trucks to insure in Albany, New York

The top-ranked model in Albany for cheapest auto insurance rates in the pickup segment is the Chevrolet Colorado, at $1,382 per year. Second place is the Nissan Titan at $1,508 per year, ranking third is the Nissan Frontier, costing an average of $1,524 per year, and fourth place goes to the Ford Ranger, at an average of $1,540 per year.

Other models that have good average insurance rates are the Honda Ridgeline, GMC Sierra 2500 HD, GMC Canyon, and Toyota Tacoma, with an average cost to insure of $1,660 per year or less.

From a cost per month standpoint, car insurance rates in Albany on this segment starts at around $115 per month, depending on the company and where you live.

The next table ranks the pickups with the cheapest average car insurance rates in Albany.

For more pickup insurance comparisons, see our guides for midsize pickup insurance and large pickup insurance.

Looking for insurance rates for a different truck? Enter your zip code at the bottom of the table above and click the orange ‘GO’ button to get cheap Albany car insurance quotes from top-rated companies in New York.

Most affordable sports cars to insure in Albany, New York

Ranking in the top five for the lowest-cost Albany auto insurance rates in the sports car and performance segment are the Ford Mustang, BMW Z4, Subaru WRX, Toyota GR86, and Mazda MX-5 Miata. Car insurance quotes for these models average $151 or less per month.

Other cars that have cheaper rates are the Subaru BRZ, BMW M2, Lexus RC F, and Toyota GR Supra, with average insurance cost of $1,928 per year or less.

Some additional models that rank well include the BMW M3, Jaguar F-Type, Chevrolet Corvette, and Porsche 718, which average between $1,928 and $2,730 to insure per year.

Full-coverage insurance in Albany for this segment for a good driver starts at an average of $124 per month, depending on where you live and the company you use. The rate comparison table below ranks the twenty sports cars with the cheapest average car insurance rates in Albany.

Looking for a different vehicle? Not a problem! Enter your zip code at the bottom of the table and click the orange ‘GO’ button to get free car insurance quotes from the best car insurance companies in New York.

How to find cheaper car insurance

Smart drivers in Albany are always looking to save money on auto insurance, so review the money-saving ideas in this next list and it’s very likely you can save a little dough on your next auto insurance policy.

• Citations and violations increase insurance rates. If you want to get affordable car insurance in Albany, it’s necessary to be an excellent driver. As few as two minor moving violations could result in increasing car insurance cost as much as $428 per year. Serious misdemeanor violations like DUI and hit-and-run could raise rates by an additional $1,498 or more.
• Careless drivers pay higher car insurance rates in Albany. At-fault accidents increase insurance cost, possibly by an extra $2,302 per year for a 20-year-old driver and as much as $672 per year for a 40-year-old driver. So be a cautious driver and save.
• Save money due to your occupation. Just about all auto insurance providers offer discounts for certain occupations like accountants, members of the military, scientists, firefighters, police officers and law enforcement, and others. Qualifying for an occupational discount may save between $48 and $157 on your annual insurance cost, depending on the policy coverages.
• Policy discounts mean cheaper car insurance. Discounted rates may be available if the insureds are senior citizens, choose electronic billing, drive low annual mileage, sign their policy early, are claim-free, or many other discounts which could save the average Albany driver as much as $276 per year on their insurance cost.
• Raise your credit score to score lower rates. Drivers who have credit scores over 800 may save $253 per year compared to a credit score between 670-739. Conversely, a weaker credit score below 579 could cost around $293 more per year. Not all states use credit score as a rating factor, so check with your agent or company.