Car Insurance in New York
Car Insurance in New York averaged $1,753 a year in 2023, 37% above the national average, per the NAIC, plus the rules that shape your policy.
What car insurance costs in New York
Drivers in New York spent an average of $1,753 a year on car insurance in 2023, 37% above the national average of $1,282. That is up 21.2% on what drivers here paid five years earlier. Average expenditure is what people actually paid per insured vehicle across every coverage level, not a quote generated from a sample driver profile.
Average premium by coverage (2023)
- Liability: $1,116
- Collision: $541
- Comprehensive: $239
These are averaged over the vehicles carrying each coverage, so they do not sum to the expenditure figure above, which averages over all insured vehicles including those carrying liability only.
New York rules worth knowing
- Claims system: No-fault (threshold: Verbal)
- Minimum liability limits recorded for 2022: 25/50/10. Several states have amended their minimums since, so confirm the current figure with the regulator before you buy.
- Vehicle thefts: 3.19 per 1,000 registered vehicles
- Regulator: New York State Department of Financial Services
Source: NAIC 2022/2023 Auto Insurance Database Report. Figures are the most recent the NAIC has published; nothing on this page is estimated or modelled.