How age affects car insurance rates in New York City
When auto insurance companies decide on their rates, one factor they consider is age. Younger, less experienced drivers are likely to pay higher rates than other age groups. Teens between the ages of 16 and 19 are more likely to be involved in a vehicle accident than any other age group, according to the Centers for Disease Control and Prevention (CDC).[4]
Newly licensed teens with friends in their cars are at even higher risk. Insurance companies factor this risk into their rate decisions. The table below outlines what New York City drivers might pay each month on average based on their age group.
Disclaimer: Table data sourced from real-time quotes from Insurify's 50-plus partner insurance providers. Actual quotes may vary based on the policy buyer's unique driver profile.
Cheapest car insurance for young drivers in New York City
Young drivers in New York City pay higher rates than any other age group. You can save money on your policy by looking for discounts for good grades, choosing a vehicle with high safety standards, and practicing safe driving habits. The rates in the table below are averages for full-coverage policies.
Disclaimer: Table data sourced from real-time quotes from Insurify's 50-plus partner insurance providers. Actual quotes may vary based on the policy buyer's unique driver profile.
Cheapest car insurance for middle-aged drivers in New York City
Middle-aged drivers can take advantage of lower rates thanks to their age and driving experience. In addition, you can save money on your policy by combining your home and auto policies. The rates in the table below are averages for full-coverage policies.
Disclaimer: Table data sourced from real-time quotes from Insurify's 50-plus partner insurance providers. Actual quotes may vary based on the policy buyer's unique driver profile.
Cheapest car insurance for senior drivers in New York City
Senior drivers can find affordable rates by enrolling in defensive driving courses, looking for discounts through AARP, and purchasing vehicles with high safety ratings and extra safety features (like lane sensors). The rates in the table below are averages for full-coverage policies.
Disclaimer: Table data sourced from real-time quotes from Insurify's 50-plus partner insurance providers. Actual quotes may vary based on the policy buyer's unique driver profile.