Cheap Car Insurance for Infrequent Drivers in New York

It’s hard to miss the catchy commercials from insurers like Liberty Mutual and Farmers promising the cheapest price, so you just need to pick the one with the catchiest commercial, right?

It’s not quite that easy, unfortunately, as there are a ton of unknowns such as the number of years you have been driving, your financial stability, and your vehicle’s safety rating, that all help calculate your car insurance rates. We know insurance is not everyone’s favorite topic, but in this article we will cover some of these factors and should give you a good beginning to your search for cheaper coverage.

The vehicle model needing coverage is probably the largest consideration when consumers are trying to find the best cheap coverage for infrequent drivers. Vehicles with lots of speed or power, a lack of safety features, or an increased likelihood of liability claims will cost much more to insure than safer, lower-performance models.

The next list features car insurance rates for a handful of the most budget-friendly vehicles to insure.

Data based on single male driver age 50, no speeding tickets, no at-fault accidents, $1,000 deductibles, and New York minimum liability limits. Discounts applied include safe-driver, claim-free, homeowner, multi-policy, and multi-vehicle. Information does not factor in New York location which can influence insurance rates significantly.

Based upon the rates shown, we can assume that models like the Hyundai Elantra, Volkswagen Jetta, and Chevrolet Traverse are likely to be a few of the more affordable vehicles to insure for low mileage drivers.

When shopping for the cheapest insurance for low mileage drivers, one of the many things that play a part in determining the amount you pay each year for auto insurance is where you keep your vehicle in New York. Areas that are more densely populated or have higher claim rates like New York, Hempstead, and Yonkers tend to have higher auto insurance costs, whereas areas with lower vehicle theft rates and fewer weather claims can boast about having cheaper rates.

The next table lists the priciest cities in New York for infrequent drivers to purchase auto insurance in.

Rate quotes are approximated as the specific geographic location can alter price quotes noticeably.

The information below illustrates how choosing a deductible can affect premium costs when quoting cheap insurance for infrequent drivers. The premium estimates are based on a married female driver, full physical damage coverage, and no discounts are applied.

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The chart above illustrates that a 50-year-old driver could cut expenses by $180 a year by switching their comprehensive and collision coverages from a $100 deductible to a $500 deductible, or save $272 by selecting a $1,000 deductible. Even younger drivers, like the Age 20 chart data, have the ability to save up to $450 every year by selecting a higher deductible. When choosing a higher deductible, it is important to have enough funds in savings to allow you to pay the extra out-of-pocket expense that is associated with using high deductibles.

Insuring your vehicle with a high-quality insurance provider can be difficult considering how many different companies sell coverage in New York. The ranking data displayed below may help you analyze which car insurance providers to look at shopping your coverage with. The rankings below only include companies that insure vehicles across America, so companies without a large exposure are not included in these rankings.