Manhattan, NY Auto Insurance Rates, Quotes, Agents & Reviews
Zimlon, through its research, found that car owners in Manhattan, NY, can avail multiple discounts on car insurance by taking various factors into consideration. These factors are explored in detail by Zimlon in the analysis below.
Best Discounts on Car Insurance in Manhattan, NY
Manhattan is one of New York City's five boroughs. Manhattan Island is bound by the Hudson, East, and Harlem rivers. Among the world's major commercial, financial and cultural centers, Manhattan is the heart of "The Big Apple." Its iconic sites include skyscrapers like the Empire State Building, neon-lit Times Square, and Broadway theater.
New York City is also known for its worst traffic, apart from its attractions and landmarks. According to a news report, New York City ranks 4th for the worst traffic in the nation. Heavily congested roads in a densely populated area like Manhattan result in numerous traffic accidents. Manhattan had a 15.5% share of NYC's traffic accidents, according to New York City Car Accident Statistics, 2020. Therefore, most car owners in Manhattan take car insurance to support themselves if any unexpected situation occurs.
The average cost of car insurance in Manhattan, NY, is $2,130. It is relatively higher than cities like Edgewater, Guttenberg, Cliffside Park, and Weehawken. Hence, most car owners look for multiple alternatives to reduce their car insurance rates in Manhattan, NY.
According to Zimlon's research, the following factors can help you find cheap and affordable car insurance in Manhattan, NY.
a. Credit score
Insurance providers analyze the credit score of car owners to determine the cost they will have to pay for car insurance. Manhattan, NY, car owners can utilize credit history to lower their car insurance premiums. For instance, car owners with exceptional credit scores have to pay $1,828, whereas car owners with poor credit scores have to pay $3,474. Therefore, car owners must maintain a good credit score to avail discounts on car insurance rates.
b. Driver's age
The car owner's age is one such factor that helps in deciding the cost of the insurance. Teenagers are viewed as irresponsible and reckless while driving, due to which they pay a higher premium than the other age group. In Manhattan, NY, teenagers spend $6,911 for car insurance, whereas 30 to 40 years old pay $2,108 and $2,028, respectively.
c. Anti-theft discounts
Every car owner fears vehicle theft as it is a common problem in the state. In such situations, car insurance is a must. Cars with anti-theft features in their automobile can avail of anti-theft discounts. Insurance companies believe that the chances of vehicle theft will be less with these features. Cars with anti-theft features like audible alarms, active disabling devices, and a tracking device can avail a considerable amount of discounts on Lamar insurance. In Manhattan, NY, auto owners with active disabling devices and tracking devices pay $2,045 and $2,002 on auto insurance.
Factors that can influence the cost of car insurance in Manhattan, NY are listed below. It is imperative to understand these factors in order to reduce the cost of car insurance. It is also essential to strike a balance between the cost of insurance and the coverage requirements.
- Manhattan, NY Auto Insurance Rates
- Manhattan, NY Auto Insurance for Different Deductible
- How the Age of Driver Affects Insurance Rates in Manhattan, NY
- Multi Vehicle Insurance Savings in Manhattan, NY
- How Credit Score Affects Car Insurance Rates in Manhattan, NY
- How DUI Affects Auto Insurance Premiums in Manhattan, NY
- Top Auto Insurance Agents Near Manhattan, NY
- How Driving Violations Affect Auto Insurance Rates in Manhattan, NY
- Manhattan, NY Auto Insurance Discounts on Anti Theft Feature
Manhattan, NY Auto Insurance Rate Comparisons with Neighboring Locations | Back to Top
The following table compares the cost of insurance in Manhattan, NY with that of other cities in and around Manhattan.
| Manhattan | Edgewater | Guttenberg | Cliffside Park | Weehawken | Manhattan | |
|---|---|---|---|---|---|---|
| Average Insurance Rates | $2,130 | $1,829 | $1,676 | $1,761 | $1,827 | $2,130 |
Manhattan, NY Auto Insurance Rates vary Based on Deductibles in Neighboring Cities | Back to Top
The following table makes a comparison of the variation in car insurance rates in and around Manhattan, NY based on the change in deductibles. A higher deductible leads to a decrease in the cost of car insurance.
| Location | Low Deductible ($500) | High Deductible ($1000) |
|---|---|---|
| New York County | $2,194 | $1,853 |
| Manhattan | $2,165 | $1,829 |
| Guttenberg | $1,399 | $1,181 |
| West New York | $1,396 | $1,179 |
| Weehawken | $2,006 | $1,695 |
| North Bergen | $1,525 | $1,288 |
| Edgewater | $1,097 | $927 |
| Cliffside Park | $1,966 | $1,661 |
Manhattan, NY Auto Insurance Rates Based on the Age of the Driver | Back to Top
Teenagers in Manhattan, NY usually pay a much higher car insurance rate compared to the rest of the state as they are generally considered to be less responsible behind the wheel. Middle-aged drivers are likely to pay lower car insurance premiums if they are considered to be safer drivers by insurance companies.
| Age of Driver | Insurance Cost |
|---|---|
| Teens | $6,911 |
| 20 Years | $2,737 |
| 30 Years | $2,108 |
| 40 Years | $2,028 |
| 50 Years | $1,878 |
| 60 Years | $1,904 |
| 70 Years | $2,217 |
Manhattan, NY Car Insurance Discounts for Multi-Car Insurance | Back to Top
Car owners in Manhattan, NY can obtain discounts if they insure multiple vehicles with the same insurer. The average savings one can obtain are as follows:
| Number of Cars | Auto Insurance Cost | Total Savings |
|---|---|---|
| 2 Vehicles | $3,749 | $511 |
| 3 Vehicles | $5,623 | $767 |
| 4 Vehicles | $7,498 | $1,022 |
Savings on 2 Vehicles bundle:$511
Savings on 3 Vehicles bundle:$767
Savings on 4 Vehicles bundle:$1,022
Manhattan, NY Post- DUI Auto Insurance Rates | Back to Top
Driving Under Influence (DUI) can be an added burden on your wallet. The cost of auto insurance will go up post-DUI. The below graph does a comparison of auto insurance rates before and after DUI in and around Manhattan, NY.
| Location | Average Insurance Cost | Post DUI Insurance Rate |
|---|---|---|
| New York County | $1,995 | $3,010 |
| Manhattan | $2,130 | $3,213 |
| Guttenberg | $1,676 | $2,871 |
| West New York | $1,699 | $2,910 |
| Weehawken | $1,827 | $3,129 |
| North Bergen | $1,695 | $2,903 |
| Edgewater | $1,829 | $3,133 |
| Cliffside Park | $1,761 | $3,016 |
Manhattan, NY Auto Insurance Rates Based on Credit Score | Back to Top
Car insurance companies can use the Credit Score of car drivers to determine car insurance rates. Car drivers with good credit can avail of substantial discounts on car insurance rates.
| Credit Score | Insurance Cost |
|---|---|
| Exceptional (800-850) | $1,828 |
| Excellent (740-799) | $2,086 |
| Good (670-739) | $2,219 |
| Average (580-669) | $2,896 |
| Poor (300-579) | $3,474 |
Manhattan, NY Auto Insurance Agents | Back to Top
Car owners can obtain quotes from multiple auto insurance companies. Comparing different quotes can help identify the cheapest auto insurance provider best suited for their coverage needs.
| Agent Name | Company | Agent Address | Contact Details |
|---|---|---|---|
| Matthew J Ferraro | State Farm | 3003 36th Ave, Long Is City, 11106-2314 | 800-330-5058 |
| Richmond Hill Brokerage Inc | Nationwide | 125-09 Liberty Ave, South Richmond Hill, 11419 | (718) 835-7171 |
| Mike Winter | State Farm | 1033 Jackson Ave, Long Is City, 11101-5818 | 718-707-0075 |
| Ralph Bottone | Liberty Mutual | 9030 Metropolitan Ave. Ste 200, Rego Park, 11374 | 1-718-359-2060 |
| Ralph Bottone | Liberty Mutual | 9030 Metropolitan Ave. Ste 200, Rego Park, 11374 | 1-718-359-2060 |
| Emmanuel Osuyah | Nationwide | 923 Southern Blvd, Bronx, 10459-4507 | (718) 991-3478 |
| Emmanuel Osuyah | Nationwide | 923 Southern Blvd, Bronx, 10459-4507 | (718) 991-3478 |
| Jeff Waddle | State Farm | 31 W 8th St Frnt A, New York, 10011-9064 | 212-253-2230 |
| Jeff Waddle | State Farm | 31 W 8th St Frnt A, New York, 10011-9064 | 212-253-2230 |
Manhattan, NY Auto Insurance Rates can Increase Based on Driving Violations | Back to Top
Auto insurance rates tend to increase depending on the type and number of driving violations. The driving violations can stay on the record for a considerable amount of time leading to higher auto insurance rates. The severity of the driving violation and place of residence will determine how long the violation stays on record.
| Driving Violation | Cost Increase | Total Insurance Cost |
|---|---|---|
| Driving Without Headlights | +$94 | $2,224 |
| Driver's Failure In Showing Documents | +$207 | $2,337 |
| Driving With An Expired Registration | +$219 | $2,349 |
| Driving At A Considerably Slow Pace | +$462 | $2,592 |
| Using A Cellphone While Driving | +$488 | $2,618 |
| Running A Red Light | +$496 | $2,626 |
| Speeding | +$522 | $2,652 |
| Driving A Vehicle Without The Required Permission | +$662 | $2,792 |
| Driving With An Expired/Suspended License | +$1,436 | $3,566 |
Manhattan, NY Auto Insurance Rates Based on Anti-Theft Feature | Back to Top
Cars that are equipped with safety devices are less prone to thefts. As a result, auto insurance companies provide a considerable amount of discounts to vigilant car owners. The discounts vary depending on the type and number of safety devices installed.
| Anti Theft Feature | Insurance Cost |
|---|---|
| Audible Alarm | $2,045 |
| Active Disabling Device | $2,045 |
| Tracking Device | $2,002 |
| Passive Disabling Device | $1,981 |