How much does car insurance cost per month in NYC?
James Stevens
Updated on February 26, 2026
The average cost of full coverage auto insurance in New York is $2,777 per year, or $231 per month, but drivers could find cheaper rates by comparing car insurance companies. For cheap full-coverage insurance in New York, Progressive is the cheapest option for most people.
How much does car insurance typically cost in NYC?
The average car insurance rate in New York is $1,582 per year — nearly 11% more than the national average.
What is the average monthly car insurance payment?
$120 a month
According to the data, those in New South Wales pay significantly more for their annual car insurance premiums, at an average of $120 a month ($1,440 a year), while drivers in Western Australia have the cheapest average car insurance costs at $88.60 a month ($1,036.20 a year).
What is the minimum auto insurance coverage in New York?
If your car is registered with the NY Department of Motor Vehicles, your insurance must meet the following New York liability coverage minimums: Bodily injury liability coverage: $25,000 per person and $50,000 per accident. Property damage liability coverage: $10,000 per accident.
What is the cheapest car to insure in New York?
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.
Is Florida a no fault state?
Florida is one of just two states that doesn’t require bodily injury coverage. The bill passed by lawmakers would do away with “personal injury protection” coverage and end Florida’s “no-fault” provision. Unlike “personal injury protection” coverage, the insurance for the person at fault in the accident would pay out.
How do you calculate car insurance?
Your age Age is one of the most significant factors that insurers use.
How much does car insurance cost in New York?
Most expensive states for minimum car insurance coverage. Michigan with $1,855 per year or $155 per month; Connecticut with $891 per year or $74 per month; New York with $867 per year or $72 per month
What is the average monthly cost of car insurance?
10 factors that impact the cost of car insurance According to the National Association of Insurance Commissioners (NAIC), the average national premium for auto insurance in 2018 was $1,189.64. This breaks down to $99.13 a month. However, the cost can vary
What is the cheapest car insurance?
The cheapest car insurance will often be the minimum coverage required in your state, which in most states is liability insurance. Liability insurance covers property damage and medical bills for others due to accidents you cause.