Car insurance rates depend on various factors, from age and gender to credit status and marital status. Drivers aged 20-25 typically pay the most on average, though these costs decrease as experience behind the wheel grows.
Geico offers the lowest auto insurance rates for good drivers in New York state, while NYCM and Erie provide similar policies at comparable costs; USAA caters exclusively to military members and veterans.
State Farm
State Farm was founded in 1922 and today stands as one of the nation’s premier auto insurers, providing coverage and discounts such as roadside assistance, rental car reimbursement, travel expenses reimbursement and airbags/passive restraints. Customers can save money by bundling both their homeowners and renters policies with their auto policy for added savings.
This company boasts an outstanding financial rating and excellent customer service, offering fast access to their information via an intuitive website that’s user friendly. They even have a mobile app designed specifically to manage insurance policies for drivers as well as find agents nearby.
State Farm offers competitive rates for drivers with clean records, but its rates become more costly for those involved in accidents or violations. State Farm also provides lower rates for young drivers and those with poor credit compared with rival insurers; they even provide the Steer Clear discount that lowers rates when participants complete driver-training courses before turning 25 years old.
Allstate
Allstate Car Insurance is an innovative car insurer that offers several ways for its customers to save. Their premiums tend to be significantly cheaper than those from larger providers and they also provide add-on coverage adds and quality telematics policies. Allstate has great customer satisfaction ratings.
Allstate drivers typically pay around $109 monthly for liability and $290 annually in full coverage; this compares favorably to the national averages of $177 and $259. However, having even one accident will cause rates to significantly increase.
Allstate provides drivers with multiple discounts that help them save, such as safe-driving bonuses and new-car replacement coverage. In the J.D. Power 2022 auto insurance customer satisfaction study, its claims process was rated below average; customers reported different experiences when working with Allstate: some described it as easy while others described long and complicated processes as they went along. They also offer roadside assistance through three options – paid service, optional add-on and membership club memberships.
Erie
Erie Insurance offers personalized service from agents. Their customer service scores are among the highest in the industry and they boast an incredible 90% retention rate. In addition, Erie provides various discounts, such as ones for safe drivers and newer vehicles; you could save even more by bundling it with home or life policies.
The company offers several special features, such as New Car Replacement and a lower deductible policy. Furthermore, they cover locksmith costs in case you lock yourself out of your car, and offer their YourTurn app that rewards good driving behavior with points redeemable for gift cards or charity donations.
Rates are below average for drivers in their 60s and 70s, and its claims process is more efficient than many competitors; however, it doesn’t offer usage-based insurance and is only available in 12 states.
USAA
USAA is an excellent car insurance option for military members and their families, boasting excellent customer reviews. Their wide range of add-ons – such as car replacement coverage – makes USAA an attractive option even if drivers have poor credit.
Rates provided by this company tend to be lower than the national average and its policies typically cost about $1,054 annually for a married 35-year-old driver with full coverage based on estimates for this specific driver; rates may differ based on age, driving record history, vehicle make or location.
Age has a substantial effect on premiums for drivers of all ages; younger drivers generally pay more. If a driver has an excellent driving record and meets other qualifications such as vehicle type (luxury vehicles typically incur higher premiums than basic cars) and location, discounts could apply; in addition to this, insurance companies often offer incentives such as good grades, taking driver training courses and being loyal customers; bundling policies together, reducing deductibles and paying on time are additional strategies that can save money.