Cheap Car Insurance and Discounts in New York
Rates for cheap car insurance in New York are different for everyone. They are based on a number of factors, with one of the main factors being age. As unfair as it may seem, younger drivers almost always pay more. The reason is simple: younger drivers cause the most accidents. This is purely due to experience – or lack thereof. We’ve provided you a list of average car insurance rates for several age groups. Keep in mind that these numbers are just averages, intended to give you an idea of what you can expect to pay. The rates you pay may differ in New York slightly from the ones given here.
-16 to 19 = $2,999/year or $249.92/month
-20 to 24 = $2,040/year or $170/month
-25 to 29 = $1,707/year or $142.25/month
-30 to 34 = $1,591/year or $132.58/month
-35 to 39 = $1,610/year or $134.17/month
-40 to 44 = $1,603/year or $133.58/month
-45 to 49 = $1,478/year or $123.17/month
-50 to 54 = $1,284/year or $107/month
-55 to 59 = $1,214/year or $101.17/month
-60 to 64 = $1,169/year or $97.42/month
-65 to 69 = $1,244/year or $103.67.month
-70 to 74 = $1,187/year or $98.92/month
-75+ = $1,203/year or $100.25/month
As the list shows, drivers between the ages of 16 and 24 will pay the most for premium payments on car insurance. Conversely, drivers between the ages of 50 an 75+ will pay the least. As we’ve said, the insurance companies come up with these numbers based on statistics of drivers in those respective age brackets. For additional savings, see the page on finding car insurance discounts.