What is the minimum car insurance required in New York?

New York requires 25/50/10 + $50K PIP + UM/UIM — no-fault state. Additional required coverage: $50K PIP + Uninsured/Underinsured Motorist (UM/UIM) required. Driving without minimum coverage results in license suspension, fines of $500+, and personal liability for any damages. The minimum is the legal floor — most drivers benefit from higher liability limits because state minimums often don't fully cover damages from a serious accident.

What is the average cost of car insurance in New York?

New York drivers pay an average of $250/month ($3,000/year) for full coverage and $137/month ($1,644/year) for minimum coverage. Your specific quote depends on your age, driving record, credit (where allowed), vehicle, and ZIP code — averages are useful for comparison but always quote 3+ carriers for your real rate.

Which car insurance company is cheapest in New York?

For minimum coverage, Progressive is cheapest at $44/month ($528/year average). For full coverage, NYCM Insurance (or Progressive/GEICO for broader availability) averages $130/month ($1,560/year). NYCM Insurance is regional to NY but consistently cheapest. Progressive and GEICO are national alternatives.

How can I lower my car insurance in New York?

Five proven tactics: (1) Quote 3+ carriers — switching saves the average driver $300–$500/year. (2) Bundle auto + home for 10–25% off (State Farm leads at 22–23%, ~$1,010/yr avg savings). (3) Increase your deductible from $500 to $1,000 — saves 15–30%. (4) Use telematics — Progressive Snapshot saves safe drivers $322/yr avg, up to 30% off. (5) Stack discounts — multi-vehicle, good driver, paperless, autopay, and pay-annually compound to 30%+ off baseline.

Do I need uninsured motorist coverage in New York?

Yes — New York requires uninsured/underinsured motorist (UM/UIM) coverage by law. Roughly 12–25% of drivers nationally are uninsured (varies by state). UM coverage pays your medical bills and car repairs if you're hit by an uninsured or underinsured driver. It typically costs $5–$15/month and is one of the highest-ROI coverages you can add.

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Verified May 1, 2026·47,000+ readers·Independent rankings

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Quick Answer — New York

Minimum coverage required: 25/50/10 + $50K PIP + UM/UIM — no-fault state
Avg full coverage cost: $250/month ($3,000/year)
Cheapest carrier (minimum): Progressive — $44/mo avg
Cheapest carrier (full coverage): NYCM Insurance (or Progressive/GEICO for broader availability) — $130/mo avg

What's special about car insurance in New York

No-fault state — required PIP coverage drives premiums up significantly
$50K PIP minimum is one of the highest in any no-fault state
NYCM Insurance is regional (NY-only) but consistently the cheapest for residents who qualify
NYC residents pay 2–3x more than upstate NY due to traffic density and theft rates

New York car insurance at a glance

Feature	Detail	Monthly	Annual
Minimum coverage required	25/50/10 + $50K PIP + UM/UIM — no-fault state	—	—
Avg minimum coverage cost	$137/mo	$1,644/yr	—
Avg full coverage cost	$250/mo	$3,000/yr	—
Cheapest carrier (minimum)	ProgressiveBest	$44/mo	$528/yr
Cheapest carrier (full coverage)	NYCM Insurance (or Progressive/GEICO for broader availability)Best	$130/mo	$1,560/yr

Which carrier should New York drivers pick?

Match your situation to the right carrier. New York-specific pricing varies by carrier, but the patterns below hold for most drivers.

You want the absolute cheapest minimum coverageProgressiveCheapest in New York at $44/mo.
You want full coverage at the lowest priceNYCM Insurance (or Progressive/GEICO for broader availability)$130/mo full coverage in New York. NYCM Insurance is regional to NY but consistently cheapest. Progressive and GEICO are national alternatives.
You qualify for USAA (military / veteran / family)USAAUSAA is almost always cheapest for eligible members in any state — quote them first.
You bundle auto + homeState Farm23% bundle discount = avg $1,010/yr savings — highest in industry.
You drive defensively + would let an app monitorProgressive (Snapshot)Avg $322/yr savings for safe drivers. Up to 30% off baseline.
You have a high-risk record (DUI, accidents, tickets)ProgressiveSpecialty pricing for non-standard drivers — beats GEICO/State Farm in this tier.

Verified by the WalletGrower Editorial Team — current as of July 2026. We update rates, bonuses, fees, and product details regularly against each provider's published disclosures. Vendors can change offers between our update cycles, so we always recommend confirming the current published rate or bonus on the provider's site before signing up or applying.

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Methodology & sources

All New York data on this page was WebSearch-verified May 2026 against the New York insurance commissioner / DMV and at least one of the following 2026 carrier analyses:

Caveat: Real quotes vary by ZIP code, age, driving record, credit (where allowed), vehicle, and coverage level. The averages cited are useful for cross-carrier comparison but your actual quote will differ — sometimes by hundreds of dollars in either direction. Always quote 3+ carriers before deciding.