New York City Car Insurance – 2021 Rates + Cheapest to Insure in NYC

• The average cost of car insurance in New York City is $2,798 per year, or about $233 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 $249, and Ford F150 at $232.
• Small crossovers like the Mazda CX-3, Honda CR-V, and Mazda CX-5 are the top picks for cheap car insurance in NYC.
• A few vehicles with segment-leading car insurance rates in New York include the Volvo V60 ($2,674 per year), Acura ILX ($2,598 per year), Ford Edge ($2,382 per year), and Honda Insight ($2,578 per year).

How much does car insurance cost in New York City?

Average auto insurance cost in New York City is $2,798 per year, or about $233 per month for a policy that provides full coverage. It costs 83.7% more to insure the average vehicle in NYC than the U.S. average rate of $1,523.

In the state of New York, the average price for car insurance is $1,664 per year, so the average cost in New York City is $1,134 more per year. When rates are compared to other cities in New York, the cost to insure a car in New York City is $1,212 per year more than in Buffalo, $584 per year more expensive than in Rochester, and $1,476 per year more expensive than in Syracuse.

The chart below shows average car insurance cost in New York, NY for all 2021 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 $2,124 per year for a 60-year-old driver with a policy with high deductibles to $6,442 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 $177 to $537 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 – $10,032 per year or $836 per month
• 17 year old – $9,368 per year or $781 per month
• 18 year old – $8,750 per year or $729 per month
• 19 year old – $7,912 per year or $659 per month
• 20 year old – $5,558 per year or $463 per month
• 30 year old – $2,946 per year or $246 per month
• 40 year old – $2,798 per year or $233 per month
• 50 year old – $2,550 per year or $213 per month
• 60 year old – $2,504 per year or $209 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 $1,200 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 $876 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 2021 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-3, Honda CR-V, Toyota C-HR, and Nissan Rogue Sport.

Average car insurance rates for those crossover SUVs cost $2,320 or less per year to have full coverage.

Other models that rank towards the top in our overall cost comparison are the Hyundai Tucson, Hyundai Venue, Nissan Kicks, and Buick Envision.

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 $198 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 $2,598 per year for a full coverage policy up to the BMW M5 at $4,824 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 Chevrolet Silverado at $3,080 per year, a difference of $298 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 Subaru Impreza, Chevrolet Spark, Toyota Corolla, Volkswagen Golf, and Kia Rio5. Car insurance prices for these vehicles average $2,402 or less per year, or around $200 per month.

Other cars that rank well in our comparison are the Kia Rio, Honda Civic, Nissan Sentra, and Mazda 3, with average insurance cost of $2,578 per year or less.

The cheapest compact car to insure in New York City is the Chevrolet Spark at $2,180 per year. For midsize cars, the Honda Insight is cheapest to insure at $2,578 per year. And for large cars, the Kia Cadenza has the best rates at $2,816 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 $3,206 per year, the Tesla Model 3 at an average of $3,156, and the Hyundai Elantra at $3,068.

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-3 comes in at #1 as the most budget-friendly non-luxury SUV to insure in New York City, followed closely by the Honda CR-V, Mazda CX-5, Mazda CX-30, and Ford Ecosport. The 2021 model costs an average of $2,170 per year to insure for full coverage.

Other SUVs that are affordable to insure are the Toyota C-HR, Hyundai Kona, Nissan Rogue Sport, and Chevrolet Trax, with average rates of $2,344 per year or less.

Additional models that rank well include the Hyundai Tucson, Ford Edge, Kia Soul, and Nissan Kicks, which cost between $2,344 and $2,396 per year for insurance.

Car insurance rates for this segment in NYC will start around $181 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-3 at $181 per month and ending with the Chevrolet Equinox at $200 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 $2,750 per year ($229 per month), the Toyota Highlander at $2,990 ($249 per month), and the GMC Yukon at $3,130 ($261 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 Audi TT, Mazda MX-5 Miata, Ford Mustang, Nissan 370Z, and Subaru WRX. Insurance rates for these models average $271 or less per month.

Not the cheapest in the list but still ranking well are cars like the Toyota Supra, Chevrolet Camaro, Porsche 718, and Subaru BRZ, with average cost of $3,578 per year or less.

Full-coverage car insurance in this segment for a middle-age safe driver starts at around $202 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 $2,344 per year, Nissan Frontier at $2,454 per year, Ford Ranger at $2,460 per year, and Toyota Tacoma at $2,468 per year.

Other pickups that have cheaper rates include the Toyota Tundra, Honda Ridgeline, Jeep Gladiator, and Ford F150, with an average car insurance cost of $2,954 per year or less.

Car insurance rates in this segment for a middle-age safe driver starts at around $195 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 $195 per month and ending with the Ram Truck 2500 at $283 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, Volvo S60, Lexus RC 300, and BMW 330i. The 2021 model averages $2,598 per year for full-coverage auto insurance.

Other models that have cheaper rates are the Cadillac CT4, Acura TLX, Lexus ES 350, and BMW Z4, with average cost of $3,094 per year or less.

Ranked in the bottom half of the top 20 cheapest luxury cars to insure, models like the Audi S3, Lexus IS 300, Audi A3, Genesis G70, and Cadillac CT5 cost between $3,094 and $3,218 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 $217 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 $2,598 per year ($217 per month) and ending with the Cadillac CT5 at $3,218 per year ($268 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 $2,386 per year, Cadillac XT4 at $2,464 per year, Volvo XC40 at $2,516 per year, and Volvo V60 at $2,674 per year.

Not the cheapest, but still in the top 10, are models like the Volvo XC60, Lexus UX 250H, Lincoln Nautilus, and Lincoln Corsair, with average insurance cost of $2,866 per year or less.

Ranked from number 10 to 20, models like the Lexus UX 200, Jaguar E-Pace, Infiniti QX50, Lexus NX 300, Land Rover Defender, and Mercedes-Benz GLC300 cost between $2,866 and $2,984 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 $199 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 $2,386 per year. For midsize luxury models, the Volvo V60 is the cheapest model to insure at $2,674 per year. And for large luxury SUVs, the Volvo XC90 has the best rates at $2,998 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 $199 per month and ending with the Land Rover Defender at $249 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 $439 per year compared to a slightly lower credit rating between 670-739. Conversely, a below average credit rating could cost as much as $509 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 $84 and $283 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 $472 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 $234 per year for a 40-year-old driver and $450 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 $3,252 less per year to insure in New York than a Nissan GT-R. Lower performance vehicles save money.