New York City Car Insurance – 2022 Rates + Cheapest to Insure in NYC

• The average cost of car insurance in New York City is $2,878 per year, or about $240 per month for full coverage.
• Monthly car insurance rates for a few popular models in the city of New York include the Jeep Cherokee at $266, Toyota Highlander at $241, and Ford F150 at $232.
• Small crossovers like the Mazda CX-5, Nissan Kicks, and Chevrolet Trailblazer are the top picks for cheap car insurance in NYC.
• A few vehicles with segment-leading car insurance rates in New York include the Cadillac XT5 ($2,828 per year), Acura ILX ($2,646 per year), Honda Passport ($2,310 per year), and Subaru Legacy ($2,786 per year).

How much does car insurance cost in New York City?

Average auto insurance cost in New York City is $2,878 per year, or about $240 per month for a policy that provides full coverage. It costs 85.6% more to insure the average vehicle in NYC than the U.S. average rate of $1,551.

In the state of New York, the average price for car insurance is $1,620 per year, so the average cost in New York City is $1,258 more per year. When rates are compared to other cities in New York, the cost to insure a car in New York City is $1,234 per year more than in Buffalo, $598 per year more expensive than in Rochester, and $1,500 per year more expensive than in Syracuse.

The chart below shows average car insurance cost in New York, NY for all 2022 models. Rates are averaged for all NYC Zip Codes and shown not only by driver age, but also by physical damage deductibles.

In the chart above, the cost of car insurance in New York ranges from $2,178 per year for a 60-year-old driver with a policy with high deductibles to $6,614 per year for a 20-year-old driver with a low deductible. From a monthly standpoint, the average cost in the prior chart ranges from $182 to $551 per month.

NYC car insurance rates are different for every driver and can also be very different depending on the company. Since there can be such a large difference in rates, it stresses the need for accurate free auto insurance quotes when shopping online for more affordable car insurance.

The age of the driver influences the price you pay for auto insurance. The list below illustrates these differences by breaking down average car insurance rates for driver ages from 16 to 60.

Average car insurance rates in New York for drivers age 16 to 60

• 16 year old – $10,300 per year or $858 per month
• 17 year old – $9,620 per year or $802 per month
• 18 year old – $8,984 per year or $749 per month
• 19 year old – $8,124 per year or $677 per month
• 20 year old – $5,706 per year or $476 per month
• 30 year old – $3,026 per year or $252 per month
• 40 year old – $2,878 per year or $240 per month
• 50 year old – $2,618 per year or $218 per month
• 60 year old – $2,568 per year or $214 per month

The rates in the list above for average cost of car insurance for teen drivers assumed the gender of the driver was male. The next chart goes into more detail for teenage car insurance rates and breaks out car insurance cost for teens by gender. Females are generally slightly cheaper to insure than males, notably at younger ages.

Car insurance for a 16-year-old female driver in New York City costs an average of $1,232 less per year than the cost to insure a 16-year-old male driver, while at age 19, the cost difference is smaller but males still pay $900 more per year.

New York City’s favorite vehicles and the cost to insure them

The previously discussed car insurance rates take the cost to insure each 2022 vehicle model and average them, which is helpful for making big picture comparisons like the cost difference between two locations. Average auto insurance rates work very well when presented with a question like “is car insurance cheaper in NYC or Rochester?” or “is car insurance in the state of New York cheaper than Colorado?”.

For deeper auto insurance rate comparisons, however, the data will be more precise if we compare rates for the exact make and model of vehicle being insured. Each individual vehicle model has it’s own risk profile for determining how much it costs to insure it and this data enables us to make more detailed cost comparisons.

This next chart shows average insurance cost in NYC for a handful of the more popular vehicles.

In New York City, which vehicles are cheapest to insure?

The vehicles with the lowest cost average auto insurance prices in New York City tend to be crossovers and small SUVs like the Mazda CX-5, Nissan Kicks, Buick Encore, and Nissan Rogue Sport.

Average car insurance rates for those crossover SUVs cost $2,398 or less per year to have full coverage.

Other models that rank towards the top in our overall cost comparison are the Subaru Impreza, Subaru Ascent, Toyota Corolla Cross, and Ford Maverick.

Average auto insurance rates are a few dollars per month higher for those models than the compact SUVs that rank near the top, but they still have average rates of $208 or less per month.

The following table details the cheapest vehicles to insure in NYC, ordered starting with the cheapest.

A list of 30 vehicle models with cheap New York City car insurance is great if you just want the lowest rates. But considering we track over 700 vehicles, there are a lot of rates not being shown. So let’s rethink this and list the models with the lowest rates in a format that is more usable, by automotive segment.

The next section of this article further discusses the average cost of car insurance for each vehicle segment. This will provide a decent idea of the general vehicle types that have the overall least expensive NYC auto insurance rates. Then the following six sections show the most affordable auto insurance for each segment.

NYC auto insurance rates by vehicle segment

If you’re shopping for a new or used vehicle, it’s in your best interest to know which kinds of vehicles are cheaper to insure. To illustrate this, maybe you’re wondering if midsize SUVs have cheaper insurance than small SUVs or if heavy duty pickups have more expensive insurance than half-ton pickups.

The chart below displays the average cost of car insurance rates in New York City for different vehicle segments. From a segment perspective, compact and midsize SUVs, vans, and midsize pickups tend to have the best rates, with luxury and performance models having the highest average cost to insure.

Average rates by automotive segment are sufficient for overall comparisons, but the insurance cost for specific vehicles ranges considerably within each vehicle segment listed in the above chart.

For example, in the midsize luxury car segment, rates range from the Acura ILX at $2,646 per year for a full coverage policy up to the BMW M5 at $4,974 per year. As another example, in the large truck segment, the cost of insurance ranges from the Ford F150 costing $2,782 per year up to the GMC Hummer EV Pickup at $3,662 per year, a difference of $880 within that segment.

In the next sections, we reduce this variability by looking at car insurance cost in NYC for specific vehicles.

Cheapest cars to insure in New York City

Ranking at the top of the list for the most affordable New York City auto insurance rates in the non-luxury sedan or hatchback segment are the Volkswagen Jetta, Subaru Impreza, Volkswagen Golf, Subaru Legacy, and Chevrolet Spark. Car insurance prices for these vehicles average $2,796 or less per year, or around $233 per month.

Other cars that rank well in our comparison are the Toyota Corolla, Nissan Sentra, Honda Insight, and Kia K5, with average insurance cost of $2,830 per year or less.

The cheapest compact car to insure in New York City is the Subaru Impreza at $2,494 per year. For midsize cars, the Subaru Legacy is cheapest to insure at $2,786 per year. And for large cars, the Toyota Avalon has the best rates at $3,020 per year.

The following table shows the models with the cheapest car insurance rates in NYC, ordered starting with the cheapest.

A few popular car models that did not make the list include the Hyundai Sonata costing $3,278 per year, the Tesla Model 3 at an average of $3,020, and the Hyundai Elantra at $3,244.

See our guides for compact car insurance, midsize car insurance, and full-size car insurance to compare rates for all makes and models.

Don’t see rates for your vehicle? No sweat! Enter your zip code at the bottom of the above table and click the orange ‘GO’ button to get cheap NYC car insurance quotes from top-rated companies in New York.

Cheapest SUV insurance rates in NYC

The Mazda CX-5 comes in at #1 as the most budget-friendly non-luxury SUV to insure in New York City, followed closely by the Nissan Kicks, Chevrolet Trailblazer, Subaru Crosstrek, and Honda Passport. The 2022 model costs an average of $2,186 per year to insure for full coverage.

Other SUVs that are affordable to insure are the Toyota C-HR, Nissan Rogue Sport, Buick Encore, and Hyundai Venue, with average rates of $2,448 per year or less.

Additional models that rank well include the Hyundai Kona, Honda CR-V, Mazda CX-30, and Kia Seltos, which cost between $2,448 and $2,590 per year for insurance.

Car insurance rates for this segment in NYC will start around $182 per month, depending on your location and insurance company. The table below ranks the twenty SUVs with the cheapest insurance in New York, starting with the Mazda CX-5 at $182 per month and ending with the Ford Edge at $216 per month.

The favorite SUVs of drivers in New York City don’t always have the best auto insurance rates. For example, some popular non-luxury SUVs that did not rank in the top 20 include the Ford Explorer at an average of $2,702 per year ($225 per month), the Toyota Highlander at $2,892 ($241 per month), and the GMC Yukon at $3,200 ($267 per month).

See our guides for compact SUV insurance, midsize SUV insurance, and full-size SUV insurance to view any vehicles not shown in the table.

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

Cheapest sports car insurance rates in NYC

Ranking highest for the cheapest New York City auto insurance rates in the sports car segment are the BMW Z4, Mazda MX-5 Miata, Ford Mustang, Toyota GR86, and Subaru WRX. Insurance rates for these models average $280 or less per month.

Not the cheapest in the list but still ranking well are cars like the Toyota GR Supra, BMW M3, Chevrolet Corvette, and Audi TT, with average cost of $3,726 per year or less.

Full-coverage car insurance in this segment for a middle-age safe driver starts at around $208 per month, depending on the company. The table below ranks the sports cars with the cheapest car insurance rates in New York.

The following table breaks down the sports cars with the cheapest overall insurance rates in NYC, sorted by annual and monthly insurance cost.

Looking for a different vehicle? That’s no problem! 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 auto insurance companies in New York.

Cheapest pickup trucks to insure in New York City

The top four pickup trucks with the cheapest auto insurance rates are the Chevrolet Colorado at $2,368 per year, Ford Maverick at $2,460 per year, Ford Ranger at $2,558 per year, and Toyota Tacoma at $2,670 per year.

Other pickups that have cheaper rates include the Honda Ridgeline, Hyundai Santa Cruz, GMC Canyon, and Ford F150, with an average car insurance cost of $2,830 per year or less.

Car insurance rates in this segment for a middle-age safe driver starts at around $197 per month, depending on the company.

The rate comparison table below ranks the pickups with the most affordable auto insurance rates in New York City, starting with the Chevrolet Colorado at $197 per month and ending with the GMC Sierra 3500 at $282 per month.

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

Is your pickup truck missing from the table above? Enter your zip code at the bottom of the table above and click the orange ‘GO’ button to get free car insurance quotes from top companies in New York.

Cheapest luxury car insurance rates in NYC

The Acura ILX ranks at #1 for the cheapest luxury car model to insure, followed by the Mercedes-Benz A220, BMW 330i, Acura TLX, and Volvo S60. The 2022 model averages $2,646 per year for full-coverage auto insurance.

Other models that have cheaper rates are the BMW 228i, BMW 230i, Lexus RC 300, and BMW 330e, with average cost of $3,190 per year or less.

Ranked in the bottom half of the top 20 cheapest luxury cars to insure, models like the Audi A4, Mercedes-Benz AMG CLA35, Mercedes-Benz AMG CLA45, Cadillac CT5, and Audi S3 cost between $3,190 and $3,342 per year to insure in New York City.

From a monthly standpoint, full-coverage auto insurance on this segment in New York for the average driver will start around $221 per month, depending on your company and location.

The next table ranks the cars with the cheapest average auto insurance rates in New York City, starting with the Acura ILX at $2,646 per year ($221 per month) and ending with the Audi S3 at $3,342 per year ($279 per month).

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

Need rates for a different vehicle? No problem! Enter your zip code at the bottom of the table above and click the orange ‘GO’ button to get free NYC car insurance quotes from top auto insurance companies in the state of New York.

Cheapest luxury SUV insurance rates in New York City

The four highest ranking luxury SUVs with the most affordable auto insurance in New York City are the Acura RDX at $2,464 per year, Cadillac XT4 at $2,526 per year, Volvo XC40 at $2,766 per year, and Cadillac XT5 at $2,828 per year.

Not the cheapest, but still in the top 10, are models like the Lexus NX 350, Lexus NX 350h, Lexus UX 250h, and BMW X1, with average insurance cost of $2,942 per year or less.

Ranked from number 10 to 20, models like the Jaguar E-Pace, Mercedes-Benz GLB 250, Lincoln Nautilus, Lexus NX 450h, Lincoln Corsair, and Lexus RX 450h cost between $2,942 and $3,046 per year for full-coverage insurance in NYC.

Car insurance in New York for this segment for a safe driver can cost as low as $205 per month, depending on where you live.

When prices are compared by vehicle size, the lowest-cost compact luxury SUV to insure is the Acura RDX at $2,464 per year. For midsize luxury models, the Cadillac XT5 is the cheapest model to insure at $2,828 per year. And for large luxury SUVs, the Volvo XC90 has the best rates at $3,112 per year.

The rate comparison table below ranks the twenty SUVs with the most affordable insurance in New York, starting with the Acura RDX at $205 per month and ending with the Lincoln Corsair at $254 per month.

See our guide for luxury SUV insurance to view luxury vehicles not shown in the table.

Need rates for a different luxury SUV? No problem! Enter your zip code at the bottom of the above table and click the orange ‘GO’ button to get cheap NYC car insurance quotes from top companies in New York.

How to find cheaper New York City auto insurance

New York drivers should always be searching for ways to reduce the monthly expense for insurance, so take a minute and read through the money-saving ideas in the list below and maybe you’ll find a way to save a little cash on your next policy.

• Credit ratings can impact car insurance rates. Insureds with excellent credit scores of 800+ could save an average of $452 per year compared to a slightly lower credit rating between 670-739. Conversely, a below average credit rating could cost as much as $524 more per year. Not all states use credit score as a rating factor, so check with your agent or company.
• Get better rates due to your employment. The vast majority of insurance companies offer discounts for certain professions like dentists, members of the military, scientists, police officers and law enforcement, nurses, and others. If your job can earn you this discount, you may save between $86 and $300 on your yearly car insurance bill, depending on the policy coverages selected.
• Pay small claims out-of-pocket. Car insurance companies give a discounted rate for not filing any claims. Insurance should be used to protect you from significant financial loss, not nickel-and-dime type claims.
• Qualify for discounts to save money. Discounted rates may be available if the insured drivers belong to certain professional organizations, choose electronic billing, insure their home and car with the same company, are loyal customers, work in certain occupations, or many other discounts which could save the average NYC driver as much as $490 per year on their insurance cost.
• Shop around anytime. Taking the time to get a few free car insurance quotes could save you a significant amount. Companies make rate modifications frequently and switching to a different company is very easy to do.
• The higher the deductibles, the lower the cost. Raising the comprehensive and collision deductibles from $500 to $1,000 could save around $232 per year for a 40-year-old driver and $452 per year for a 20-year-old driver.
• Choose a vehicle with cheaper auto insurance rates. Vehicle type has a huge impact on the cost of auto insurance. As an example, a Subaru Forester costs $3,466 less per year to insure in New York than a Nissan GT-R. Lower performance vehicles save money.