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New York Auto Insurance

New York auto insurance is expensive, so you should make sure you understand the coverage you're paying for.

This guide:

Explains New York car insurance regulations and requirements

Describes how New York auto insurance rates are decided

Shows you how you can save money by comparing multiple quotes

See How Much You Could Save:

Save $300-400 or more with discount rates from all major auto insurance carriers, as well as local companies in New York.

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New York auto insurance laws

New York auto insurance laws require that all drivers carry auto liability coverage, uninsured motorist bodily injury coverage, and personal injury protection (PIP) in order to register a vehicle.

Liability insurance helps cover the cost of injuries and damage that you may cause to another, and is required at a minimum of 25/50/10. (That's $25,000 per person for injuries you cause to the other party, up to $50,000 for all, and $10,000 for damage you cause to the other party's property.) These bodily injury minimums are raised to 50/100 should death result from an accident.

Uninsured motorist bodily injury coverage is required at the same minimums as liability, 25/50. This policy covers the cost of your injuries should you be struck by a driver without liability insurance.

Finally, basic PIP coverage is required in the amount of $50,000. This policy is also called no fault insurance, because, in the event of an accident, it helps pay for the cost of your injuries, regardless of who was at fault for the accident. However, no fault laws will also prevent you from suing for damages unless serious injury or death resulted from the accident.

PIP benefits include compensation for medical expenses, loss of wages, loss of services, and a death benefit. Drivers may choose to purchase additional PIP coverage over the basic $50,000.

New York auto insurance companies will also offer optional coverages such as collision, comprehensive,medical expenses, and underinsured motorists coverage.

To learn more about how no-fault insurance works, read our guide to no fault auto insurance

If you are a New York resident, you may be able to save on your premium by visiting Electric Insurance. Their policies are available only to better drivers, whose credit and driving records could be described as being at least good.

After comparing rates at ComparisonMarket (our favorite!), visit Electric to see if you qualify.

How New York car insurance rates are set

The price of New York auto insurance is decided by the behavior of the state's drivers as a whole. New York auto insurance companies take the cost of insuring New York drivers (this includes settlements and legal fees) and divide it up among the drivers.

But these costs aren't spread around evenly. Instead, the percentage you pay is decided by things like your driving record, your age, where you live, and the kind of car you drive.

Of course, not all insurance companies compute their figures in the same manner. So they'll charge different rates on the same driver.

What this means for you as a driver, is that you need to shop the different rates (and they'll be very different!) for the best deal. It's the fastest easiest way to save on an New York auto insurance policy.

Where you can get New York auto insurance quotes

The following web sites will help you find New York car insurance quotes: (these links will open in a new window)

ComparisonMarket is by far the best online insurance shopping service, the place to go for the highest rate of savings.



Esurance - a national provider of coverage to all drivers. Big savings if you Quote/Buy/Print online!

Electric Insurance a discount insurance provider for good drivers

Netquote is very helpful if you want a local agent to contact you, to help you decide on coverage levels and other policy ingredients.

Geico - a great service, especially for those who can't get insured elsewhere. Be sure to complete the entire quote form!

Get quotes using your ZIP Code! You'll find insurers who offer quotes tailored specifically to your area:

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More NY car insurance advice and help

If you want more help designing your NY auto insurance policy, read our guide to setting safe and reasonable car insurance coverage levels. It contains a lot of money saving advice too.

To find out more about NY auto insurance laws and regulations, visit the state's official website of the New York Insurance Department.

Want to learn even more?

Take our quick auto insurance course, and learn the step-by-step to get the most out of your auto insurance policy for the least amount money.

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This wrebsite provides general information for educational purposes only and is not intended to be legal advice. We make no guarantees as to the validity of the information presented. Your particular facts and circumstances, and changes in the law, must be considered when applying insurance law. You should always consult with a competent auto insurance professional licensed in your state with respect to your particular situation.