Want to know which used cars cost the least to insure in New York? We took the time to collect and compare the quotes for you!
In the article, you will find average prices and New York’s best car insurance companies. We even listed tips to lower your insurance premiums! So keep reading to simplify your decision-making.
New York Cheapest Used Cars to Insure
Through independent research, we’ve ranked the most affordable pre-owned vehicles to insure in New York. We used a basic driver profile, and you can find more details in our methodology.
1. Ford Bronco
Ford Bronco’s small SUV is the cheapest to insure in New York and costs $131 each month for a full coverage policy and only $47 for a liability-only policy. Its full coverage policy is 45% more affordable than the average full coverage policy in New York.
The Ford Bronco is an excellent find of a used car. It’s loaded with safety features and was awarded Top Safety Pick+ by the Insurance Institute for Highway Safety (IIHS).
2. Chrysler Pacifica
As the second cheapest to insure, Chrysler’s Pacifica is a minivan for those who want more seats or space. Policies cost $153 per month for full coverage and only $68 for liability.
It’s also easy on the wallet because full coverage is 36% more affordable than the average New York policy.
You will love this Top Safety Pick+ from the IIHS. We ran quotes on the base model, but this vehicle is also available in a hybrid option.
3. Subaru Outback
Subaru’s Outback, a 4-door wagon, is the third cheapest to insure in New York. Its full coverage policy runs $155 monthly, and you can find a liability-only policy for $65 per month.
For those that want a smaller find than the Ford Bronco, or Chrysler’s Pacifica, the Subaru Outback is another Top Safety Pick+ from the IIHS.
The 45 Cheapest Used Vehicles to Insure in New York
Our list of 45 vehicles are recipients of the Top Safety Pick+ awards in 2021 from the Insurance Institute for Highway Safety (IIHS). We ran these vehicles and a basic driver profile through quote generators to produce this ranked list.
You can read more about our research methodology below. The following chart ranks the 45 cheapest used vehicles to insure in New York.
| Model Year | Make | Model | Full Coverage | Liability Only |
|---|---|---|---|---|
| 2021 | Ford | Bronco | $131.00 | $47.00 |
| 2021 | Chrysler | Pacifica | $153.00 | $68.00 |
| 2021 | Subaru | Outback | $155.00 | $65.00 |
| 2021 | Mazda | CX-5 | $156.00 | $67.00 |
| 2021 | Subaru | Forester | $158.00 | $62.00 |
| 2021 | Subaru | Crosstrek | $160.00 | $64.00 |
| 2021 | Honda | Odyssey | $160.00 | $160.00 |
| 2021 | Honda | Accord | $161.00 | $69.00 |
| 2021 | Hyundai | Santa Fe | $166.00 | $72.00 |
| 2021 | Honda | Civic | $166.00 | $72.00 |
| 2021 | Cadillac | XT6 | $169.00 | $74.00 |
| 2021 | Tesla | Model 3 | $169.00 | $169.00 |
| 2021 | Toyota | Highlander | $172.00 | $76.00 |
| 2021 | Acura | MDX | $172.00 | $172.00 |
| 2021 | Nissan | Murano | $175.00 | $76.00 |
| 2021 | Mazda | CX-9 | $177.00 | $69.00 |
| 2021 | Subaru | Legacy | $179.00 | $75.00 |
| 2021 | Ford | Explorer | $179.00 | $74.00 |
| 2021 | Nissan | Rogue | $183.00 | $77.00 |
| 2021 | Toyota | Sienna | $185.00 | $80.00 |
| 2021 | Honda | Insight | $186.00 | $86.00 |
| 2021 | Subaru | Ascent | $188.00 | $80.00 |
| 2021 | Volkswagen | ID | $193.00 | $81.00 |
| 2021 | Chevrolet | Trailblazer | $194.00 | $87.00 |
| 2021 | Mazda | 6 | $204.00 | $82.00 |
| 2021 | Toyota | Camry | $205.00 | $90.00 |
| 2021 | Mazda | 3 | $208.00 | $85.00 |
| 2021 | Mitsubishi | Outlander | $208.00 | $91.00 |
| 2021 | Kia | K5 | $227.00 | $100.00 |
| 2021 | Nissan | Altima | $231.00 | $100.00 |
| 2021 | Volvo | V60 | $246.00 | $94.00 |
| 2021 | Volvo | S90 | $252.00 | $66.00 |
| 2021 | Volvo | S60 | $254.00 | $79.00 |
| 2021 | Volvo | S60 Recharge | $254.00 | $79.00 |
| 2021 | Nissan | Maxima | $283.00 | $96.00 |
| 2021 | Lexus | ES 350 | $320.00 | $320.00 |
| 2021 | Acura | RDX | $354.00 | $199.00 |
| 2021 | Audi | Q5 | $378.00 | $157.00 |
| 2021 | Kia | Stinger | $397.00 | $267.00 |
| 2021 | Genesis | G70 | $407.00 | $182.00 |
| 2021 | Acura | TLX | $420.00 | $211.00 |
| 2021 | Audi | A6 | $431.00 | $160.00 |
| 2021 | Audi | A7 | $457.00 | $160.00 |
| 2021 | Mercedes Benz | C-Class | $457.00 | $457.00 |
| 2021 | Lexus | IS | $484.00 | $210.00 |
Full Coverage vs. Liability Insurance Costs
Full coverage and liability insurance coverages vary significantly in cost. Below we’ve listed the New York average pricing for insurance on used vehicles.
- Full coverage: $239.20 per month
- Liability-only: $117.93 each month
The Best New York Car Insurance Companies
Looking at complaint indexes, we found the best New York insurance companies are Adirondack Insurance Company, Chubb National Insurance Company, and Preferred Mutual Insurance Company. A lower ratio indicates more satisfied customers and these three companies have the lowest complain ratios in New York.
We put together a collection of New York’s top ten Insurance Companies in 2021 from New York’s insurance complaint data. The state’s ratio is a factor of upheld complaints compared to the policy amounts within the state.
| New York’s Rank | Company | Complaint Ratio | Average of Premiums in NYS |
|---|---|---|---|
| 1 | Adirondack Insurance Exchange | 0.00 | 107.124 million |
| 2 | Chubb National Insurance Company | 0.00 | 64.993 million |
| 3 | Preferred Mutual Insurance Company | 0.00 | 63.510 million |
| 4 | Erie Insurance Company of New York | 0.00 | 53.212 million |
| 5 | Main Street America Protection Insurance Company | 0.00 | 43.802 million |
| 6 | Plymouth Rock Assurance Preferred Corporation | 0.00 | 42.874 million |
| 7 | Progressive Northwestern Insurance Company | 0.00 | 35.986 million |
| 8 | Travelers Property Casualty Company of America | 0.00 | 28.203 million |
| 9 | AIG Property Casualty Company | 0.00 | 26.590 million |
| 10 | Palisades Insurance Company | 0.00 | 23.890 million |
Tips to Lower Insurance Premiums in New York
Insurance premiums are a significant chunk of any household’s budget. Keep more money in your pocket by following these tips to reduce your car insurance premiums.
- Comparison shop periodically
- Select vehicles with safety and anti-theft features
- Bundle insurance products for discounts
- Complete New York’s Point and Insurance Reduction Program (PIRP), a course through the DMV.
- Maintain a clean driving record
Research Methodology
Insurance premiums vary in every state. By focusing on the rates in New York instead of national averages, New Yorkers can make more informed decisions.
We used an insurance portal with a New York address and basic driver profile to get the most applicable results.
| Basic Driver Profile | Basic Driver Profile |
|---|---|
| Age | 35 |
| Sex | M |
| Education | Bachelor’s Degree |
| Miles/year | 12,000 |
| Driving Record | Clean |
| Years with current carrier | 5+ |
| Marital Status | Single |
| Home | Owned |
| Vehicle | Owned |
We used cars awarded the IIHS 2021 Top Safety Pick+. The IIHS is an independent, nonprofit organization that analyzes and compiles safety data about vehicles on the market.
Here’s a breakdown of our coverage choices for the quotes compiled:
| Full Coverage Quote | Liability-only Quote | |
|---|---|---|
| Bodily Injury Limits | $100,000/$300,000 | $100,000/$300,000 |
| Property Damage Limits | $100,000 | $100,000 |
| Personal Injury Protection | $10,000 | $10,000 |
| Underinsured BIL | $25,000/$50,000 | $25,000/$50,000 |
| Comprehensive Deductible | $1,000 | not covered |
| Collision Deductible | $1,000 | not covered |
| Rental Reimbursement | $50/$1500 | not covered |
| Roadside Assistance | $100 | not covered |
Frequently Asked Questions
What is the cheapest SUV to insure in New York?
The least expensive SUV to insure in New York is Ford’s Bronco.
What if I cannot find a carrier in New York?
You can shop for a policy on the New York Automobile Insurance Plan, but rates will be higher. The NYAIP is a state-run insurance solution for those who cannot find insurance through standard carriers.
Are older cars cheaper to insure?
Older cars are cheaper to insure because they have lower values and are less expensive to replace.
How much liability insurance is required in New York?
In New York, your insurance policy must cover up to $10,000 in damages to other vehicles. For related medical expenses or death, your policy must cover at least $50,000 per person and up to $100,000 for each collision.
Can I use my liability policy from another state in New York?
You must have New York auto liability insurance to register your car in New York.
References:
(2022). New York State Insurance Requirements. New York State Department of Motor Vehicles. Retrieved November 10, 2022, from https://dmv.ny.gov/insurance/insurance-requirements
(2022). Auto Insurance. New York State Department of Financial Services. Retrieved November 10, 2022, from https://www.dfs.ny.gov/consumers/auto_insurance/Auto_resource_center
(2022). Shopping for Auto Insurance: Trouble Getting Coverage. New York State Department of Financial Services. Retrieved November 10, 2022, from https://www.dfs.ny.gov/consumers/auto_insurance/trouble_getting_coverage
(2022). 2021 Top Safety Picks. IIHS. Retrieved November 9, 2022, from https://www.iihs.org/ratings/top-safety-picks/2021
(2022). Auto Insurance Complaint Ranking. New York State Department of Financial Services. Retrieved November 11, 2022, from https://www.dfs.ny.gov/consumers/auto_insurance/auto_insurance_complaint_ranking
Jesse Cunningham V is a professional writer and licensed insurance agent. He has worked in the insurance industry in different capacities, starting as a customer service representative and working his way up to an independent agency owner. He is licensed in the states of Maryland and Pennsylvania for Property, Casualty, Life, and Health products. Jesse has worked with many national carriers, including Nationwide, State Farm, Travelers, and Liberty Mutual, and specializes in car and home insurance and health, life, accidental death, and disability insurance. He writes for multiple publications including FIXD and Bauple.com. All articles by Jesse are opinion-based. Speak with your licensed insurance agent about the particulars of your insurance before making any decisions.
