Best Auto Insurance Company In New York: Who's Top?

Finding the best auto insurance company in New York can be a challenge, especially with the state's high cost of living and congested roadways. To help you make an informed decision, here's an introduction to the topic of auto insurance in New York, covering the best providers, average costs, and factors to consider when choosing a policy.

Best Auto Insurance Companies in New York

According to various sources and reviews, the following companies are considered the best auto insurance providers in New York:

- Travelers

- Geico

- Progressive

- State Farm

- Allstate

- USAA

- American Kemper

- Main Street America

- NYCM

Average Cost of Auto Insurance in New York

The average cost of auto insurance in New York varies depending on the coverage level and driver profile. Here are some estimates:

- Full Coverage: $343 per month or $4,112 per year

- Minimum Coverage: $185 per month or $2,221 per year

Factors to Consider

When choosing an auto insurance company in New York, consider the following:

- Customer service and satisfaction: Look for companies with a good reputation and easily accessible agents.

- Cost and discounts: Compare quotes and ask about available discounts to get the best rates.

- Coverage options: Ensure the company offers the types of coverage you need, such as collision, comprehensive, and liability insurance.

- Industry standing: Check AM Best financial strength ratings and J.D. Power customer satisfaction scores to assess the company's reliability.

- Personal needs: Consider your age, driving record, credit score, and specific requirements when choosing a policy.

Best for discounts

When it comes to discounts, Geico is the best auto insurance company in New York. It offers a long list of potential discounts for extra savings. For instance, you might save money if you are a federal employee, a member of the military, have certain safety features on your vehicle, or have been accident-free for five years.

Geico also has superior AM Best financial strength ratings and robust digital tools, including a highly functional mobile app and online customer portal.

Other companies that offer good discounts in New York include:

• Progressive: Offers a variety of discounts, including for online quoting, paperless policy documents, and continuous coverage.
• Allstate: Offers several discounts, including for new cars, smart students, and safe drivers.
• American Family: Offers a wide variety of coverage options and discounts.
• Main Street America: Offers a small handful of discount options, including for good students.

Best for military-focused coverage

If you are a current or former member of the military, USAA is a great option for auto insurance in New York. USAA consistently earns high scores for customer satisfaction and, although the company does not qualify for official ranking because it only sells insurance to current and former military members and qualifying family members, it is still considered one of the best options for auto insurance in the state.

USAA offers exceptional customer service as well as military-tailored coverage options and discounts, like potential savings of up to 60% if you store your vehicle while deployed. The company also has a superior AM Best financial strength rating.

While many drivers aren’t eligible for USAA, those who are might enjoy the company's highly competitive rates. For example, USAA offers the cheapest rates in New York for teens on a family policy or on their own, and a special discount for teens transitioning off their parents’ policy.

USAA also offers 24/7 roadside assistance, which includes services such as flat tire changes, fuel delivery, and winching out of mud or snow.

Best for low rates

Progressive is the best auto insurance company in New York for low rates. According to Bankrate, Progressive is the best for low rates, and its average rates are lower than the New York average. Progressive also has a robust portfolio of digital tools, which might be appealing if you like to handle your insurance virtually. Progressive also has a long list of discounts, including for online quoting, paperless policy documents, and continuous coverage.

Progressive's average full coverage premium is $1,315 a year, or $110 a month, in New York, which is the cheapest rate among the list of top-rated insurers. However, your own rate may be different.

Progressive has three different accident forgiveness programs, including one with automatic enrollment. If you have collision insurance, Progressive will help pay your vet bills in most states if your pet is injured in a car accident. Progressive also offers rideshare coverage.

Progressive received a below-average rating for claims satisfaction from J.D. Power.

Best for local agencies

State Farm is the best auto insurance company in New York for those who prefer local agencies. State Farm has a widespread agency network, so if you are looking for a local agent, State Farm may be worth considering.

State Farm also offers home, renters, and life coverage, so if you like consolidating your policies with one company, State Farm could be one of the best insurance companies in New York.

State Farm earned the top spot for customer satisfaction in the 2024 Bankrate Awards. It has an above-average J.D. Power customer satisfaction score and a superior AM Best financial strength rating.

Best for customizable coverage

Allstate is the best auto insurance company in New York for customizable coverage. Allstate offers numerous optional coverage types to help you tailor your policy to your needs. You could add sound system insurance, rental reimbursement coverage, or roadside assistance to build a policy that works for you. However, Allstate does have higher-than-average rates in New York state. You might be able to lower your premium by taking advantage of the company's discounts, including savings for new cars, smart students, and safe drivers.

Frequently asked questions