Cheap Car Insurance for 18 Year Olds in New York

For teen drivers, one of the big things that influence the amount you pay each year for auto insurance is the neighborhood you call home in New York. Cities with larger populations or higher claim trends like New York, Hempstead, and Mount Vernon tend to have more expensive auto insurance rates, whereas areas with fewer weather claims and lower vehicle theft rates have the benefit of cheaper auto insurance prices.

The illustration below ranks the higher priced cities in New York for 18 year olds to buy car insurance in.

Rate quotes are approximated as specific New York zip code can revise prices considerably.

Shopping around for reasonably-priced car insurance is not most people’s favorite thing to do, and finding out which company quotes the lowest-priced car insurance rates for 18 year olds may require additional perseverance. Policy prices could be significantly pricier than the average policy in New York because of the extra risk that goes along with offering coverage for teen drivers, but economical coverage should be obtainable if you look hard enough.

Each auto insurer uses their own formula for establishing rates, so we need to take a look at the car insurance companies that tend to be cheaper in New York. It’s important that readers know that New York car insurance rates are impacted by many factors that control the cost of coverage. That is why it is crucial to shop around with many companies when trying to find the most economical auto insurance quotes for 18 year olds. Insurance prices can be altered by many risk factors and can change substantially, so the most affordable company the last time you checked may now be quite expensive.

Best Insurance Companies for Teens

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USAA may have some of the cheapest car insurance rates in New York at around $1,152 each year. Erie, Utica National, Progressive, and Allstate also make the cut as some of the cheapest New York auto insurance companies.

In this example, if you have coverage with Progressive and switched to Erie, you could realize a yearly savings of upwards of $278. Customers with Allstate could save as much as $323 a year, and Travelers customers might reduce prices by as much as $357 a year.

To find out how much you can save, click here to get quotes or click several companies below for low rates.

Bear in mind that those policy prices are averages for all types of drivers and the different vehicles they drive and are not factoring in a rate increase for 18 year olds. So the auto insurance company that can offer you the best rate may not even be shown in the rate chart shown above. That underscores the importance of why you need to compare as many prices as possible using your own personal information and vehicle type.

Poor driving habits will raise your car insurance rates

The ideal way to snag cheap auto insurance for 18 year olds in New York is to be an attentive driver and avoid accidents and traffic violations. The information below shows how violations and accidents can increase insurance prices for different age groups. The price estimates are based on a married male driver, comp and collision included, $1,000 deductibles, and no discounts are taken into consideration.

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In the previous example, the average cost of a car insurance policy in New York per year with no accidents and a clean driving record is $1,263. Get written up for two speeding tickets and the average cost hikes up to $1,732, an increase of $470 each year. Then throw in two accidents along with the two speeding tickets and the 12-month cost of car insurance for 18 year olds jumps again to an average of $3,709. That’s an increase of $2,446, or $204 per month, just for not driving attentively!

Cheapest car insurance: Allstate, State Farm, Geico, or Progressive

If you’re looking for the cheapest auto insurance, four companies to consider are Allstate, State Farm, Geico, and Progressive. All offer your standard physical damage and liability coverages, but each one has slightly different coverage options that shoppers can select from. The next table illustrates ratings and policy coverage options that policyholders can buy.

How to find budget-friendly auto insurance for 18 year olds

Below you’ll find some of the recommended money-saving ideas that can help New York drivers buy lower-cost coverage.

• Drive vehicles with five-star safety ratings
• Avoid price increases by not filing claims
• Avoid having at-fault accidents
• Better credit rating means better rates
• Save money by obeying traffic laws and keeping a clean driving record
• Ensure you have the best deal by shopping around regularly

The last tip in the list is incredibly critical, as we hit on in this write-up. Auto insurance rates fluctuate considerably, so drivers shouldn’t be reluctant to buy from a different company if a more affordable rate is found. Many drivers prefer to stick with one company, but it’s not a good idea if your bullheadedness ends up costing you big bucks every year. If you have a few minutes, compare prices to find cheaper auto insurance for 18 year olds.

Best cheap insurance quotes for teen drivers

There are quite a few ways to shop for and buy car insurance in New York, but the most popular methods are through an independent insurance agent, an exlusive agent such as Allstate or State Farm, or direct online or over the phone from a company like Progressive or Geico.

Each way has the same basic process, but each is slightly different in how they provide rate quotes.

Independent insurance agents are appointed by several companies and can compare coverage rates with each one. Independent agents are not employed by one specific company and can get prices from more than one company, which may provide you with a better chance of finding cheaper coverage. If cheaper coverage is found, the business is moved internally without having to get a different agent.

An exclusive agent is usually just provide rates from one company, two examples are a Farmers or Allstate agent. They are unable to shop your coverage around, so keep that in mind.

The third way to buy car insurance is direct which means you do not use the middleman (the agent) and instead buy direct either online or via phone. This option may be good for families who have fewer assets and have some degree of understanding of what limits they need.

So which method is best to find cheap auto insurance for 18 year olds in New York? We’d like to tell you buying from a direct company results in the cheapest price since there is no need to pay agent commissions, but that is generally not the case. We’d also like to say buying car insurance from an independent agent is the best way to go since there are more companies to choose from, but that’s not always true, either. For the right applicant, exclusive agencies have extremely competitive rates that are the cheapest in New York.

Because there are so many factors that make up car insurance rates, really the only way to get rock-bottom rates is to do a thorough rate comparison. To find the best rates, be sure to get price quotes from independent, exclusive, and direct in order to be able to find the lowest price. A great place to start is our list of online companies offering discounts: click here to view.