4.8out of 3,000+ reviews

Cheap Auto Insurance Quotes in Binghamton, NY, for September 2022

Secure. Free. Easy-to-use.
Advertising disclosures
auto insurance

Why you can trust Insurify

Insurify partners with top insurance companies and is a licensed agent in all 50 states. However, the insurance experts writing our content operate independently of our partners. Check out reviews from over 3,000 satisfied customers, how we make money, our data methodology, and our editorial standards.

Why you can trust Insurify

Insurify partners with top insurance companies and is a licensed agent in all 50 states. However, the insurance experts writing our content operate independently of our partners. Check out reviews from over 3,000 satisfied customers, how we make money, our data methodology, and our editorial standards.
JJ Starr

By: JJ Starr

Edited by Danny Smith

Updated August 2, 2022

Quick Facts

  • The average cost of car insurance in Binghamton is $163 per month or $1,956 annually.
  • Car insurance in Binghamton is $186 less than the average monthly cost in New York.
  • The cheapest car insurance provider in Binghamton on average is Nationwide.

Car Insurance in Binghamton, NY

Binghamton drivers pay about half the average rate of New York residents when it comes to car insurance. For drivers who want to save even more, there are plenty of ways to lower auto insurance rates even more. Comparing car insurance quotes before buying is one of the best ways to get the lowest rates available.

Quotes by Top Companies

Nationwide
$119
Travelers
$122
Progressive
$177
Bristol West
$221
Liberty Mutual
$225

Cheapest Car Insurance in Binghamton, NY

What is the cheapest car insurance in Binghamton?

Nationwide is the cheapest car insurance provider on average in Binghamton, with rates starting at $119 per month. It’s still important to compare car insurance quotes since everyone’s situation is unique.

We examined real car insurance quotes from thousands of Binghamton drivers so we could understand which car insurance companies were consistently offering the lowest rates. Bear in mind that the cheapest policy may not be the best value. Many policies include valuable perks, like roadside assistance, for just a few dollars more than the bare minimum coverage.

Insurance CompanyAverage Monthly Quote
Nationwide$119
Travelers$122
Progressive$177
Bristol West$221
Liberty Mutual$225
Kemper Preferred$125
Safeco$125
Plymouth Rock$138
Midvale Home & Auto$214
Disclaimer: actual quotes may vary based on the policyholder's unique driver profile.

Compare Car Insurance Quotes Instantly

  • Personalized quotes in 5 minutes or less
  • No signup required

Minimum Car Insurance Requirements in New York

Each state has unique laws about the minimum car insurance requirements for its drivers. New Yorkers getting behind the wheel need to have both personal property and bodily injury coverage[1]. Read more on New York’s minimum car insurance requirements.

Binghamton Car Insurance Rates by Driving and Accident History

Car insurance companies use your driving record as a major indicator of your risk of making a claim[2]. The higher your risk, the higher the price of your premium. That’s why people with clean records pay less than people with tickets or car accidents in their driving history. In Binghamton, drivers with clean records save $732 a year compared to those with a speeding ticket.

Driver HistoryAverage Monthly Cost
Clean Record$179
Speeding Ticket$240
At-Fault Accident$261
DUI$356
Disclaimer: actual quotes may vary based on the policyholder's unique driver profile.

Binghamton Car Insurance Rates by Credit Tier

Did you know that insurers can use your credit score as an indicator of your risk[3]? People with low credit scores have higher claim rates on average than those with higher credit scores, so they pay more for insurance. They also have trouble purchasing newer vehicles and getting favorable rates for car loans—one more reason to build and maintain good credit habits.

Credit TierAverage Monthly Cost
Excellent$165
Good$195
Average$214
Poor$332
Disclaimer: actual quotes may vary based on the policyholder's unique driver profile.

How to Get the Cheapest Car Insurance in Binghamton

The best way to ensure you’re getting the cheapest car insurance coverage is to compare car insurance rates before you buy. Using the free tools from Insurify, you can compare costs from top insurance companies without working with an insurance agent. Adjust coverage limits to get a full picture of what’s available to you so you know you’re getting the best value.

Insurify can also help you navigate the wide world of car insurance discounts. Bundling auto insurance policies with home insurance, life insurance, renters insurance, and other insurance products is a quick way to save on several insurance needs at once. Make time to compare rates near the end of each policy term, and you’ll never miss a chance to save.

Frequently Asked Questions

  • Cheap car insurance begins with understanding what types of insurance and how much of it you need to carry. For example, if your car is older, you may be able to drop to a liability coverage-only policy. You can also raise your deductible and get discounts to lower your monthly cost. Finally, compare rates often so you can switch when a cheaper policy is available.

  • Drivers in Binghamton spend about $163 per month, or $1,956 a year, on their car insurance policies. That’s about half of what the average New York state driver pays. According to thousands of quotes generated by Insurify users, Nationwide consistently offers the cheapest rates. But several insurers offer inexpensive policies, including Travelers and Progressive.

  • The fastest way to drive up your car insurance costs is to get a negative mark on your driving record. Traffic violations, even minor ones, result in higher rates that can last for three or more years. Claims can also raise your rates, with bigger claims often causing higher increases. Changes to your credit score and driving habits can also affect your car insurance rate.

Compare Car Insurance Quotes Instantly

  • Personalized quotes in 5 minutes or less
  • No signup required
  • Data scientists at Insurify analyzed over 40 million auto insurance rates across the United States to compile the car insurance quotes, statistics, and data visualizations displayed on this page. The car insurance data includes coverage analysis and details on drivers' vehicles, driving records, and demographic information. With these insights, Insurify is able to offer drivers insight into how their car insurance premiums are priced by companies.

JJ Starr
JJ Starr
Linkedin

Insurance Writer

J.J. Starr is a health and finance writer with a background in banking, lending, and financial advising. She holds a Series 6, FINRA, and life insurance licensure and a master's degree from New York University. Through her writing, she strives to use her decade of experience to help consumers make sound financial choices. Connect with J.J. on LinkedIn.

Learn More

Sources

  1. New York Department of Motor Vehicles. "State Minimum Car Insurance Requirements." Accessed July 21, 2022
  2. dmv.org. "Driving Records in New York." Accessed July 29, 2022
  3. New York State Department of Financial Services. "Shopping for Auto Insurance." Accessed July 29, 2022