Fortunately, there are many ways to save on car insurance. In the city of New York, people take public transportation more than 3.8 billion times a year. This means that their vehicles are used far less than the average American. A good way to get a lower rate is to opt for a usage-based insurance plan. These policies monitor the way you drive and provide discounts based on your driving habits.
In New York, full-coverage auto insurance for this segment begins at $221 per month. While auto insurance rates vary from company to company, some luxury cars offer the lowest rate. Audi S3 and Acura ILX models are among the most affordable vehicles in NYC. If you’re interested in purchasing one of these cars, you can find data on other high-end models in a luxury car insurance guide.
For military personnel, finding the lowest rate on car insurance in NYC is possible. You can compare rates from several companies and find the best plan that meets your needs. While the minimum insurance coverage in New York is $860 per year, it’s still more expensive than the national average. You can also opt for a comprehensive insurance package, which will protect you against car-to-car collisions, theft, and other accidents. A $1,000 deductible on comprehensive insurance in NYC will save you money, but a $500 deductible will raise the premium.
If you’re a single driver, it’s a good idea to consider getting insurance for single drivers in NYC. While the cheapest rates are $240/mo for married drivers, single drivers will pay only $94/mo. That’s a $146 savings. You’ll need to consider your age and gender, as well as your vehicle type. You’ll also want to check out any discounts offered by each company.