5 Best Car Insurance Companies in New York
When it comes to car insurance in New York, you want to make sure you’re getting the best coverage possible. Money has compiled a list of the top insurance providers in the Empire State, taking into account factors such as customer satisfaction, financial stability, and coverage offerings.
New York has higher minimum requirements for car insurance compared to other states. These include Personal Injury Protection (PIP) of $50,000 per person and uninsured motorist coverage of $25,000 per person and $50,000 per accident. New York is also a no-fault insurance state, meaning your insurance will pay for medical expenses and lost wages regardless of who is at fault for the accident.
Money’s picks for the best car insurance in New York include Amica, GEICO, New York Central Mutual, State Farm, and Travelers. These companies stand out for their coverage options, rates, and customer satisfaction ratings.
Amica is known for its top-notch customer service and high customer satisfaction ratings. GEICO offers competitive rates and a wide range of discounts, including telematics-based insurance policies. New York Central Mutual has received high marks for customer satisfaction in the state and offers affordable coverage options. State Farm is praised for its insurance options for younger drivers, while Travelers received the highest score for customer satisfaction in New York.
When it comes to buying car insurance in New York, it’s important to consider more than just the minimum coverage requirements. Experts recommend carrying at least $100,000 per person and $300,000 per accident for bodily injury liability, along with $100,000 for property damage. It’s also a good idea to review your policy regularly, research discounts, and consider bundling insurance policies to save money.
Overall, the best car insurance providers in New York offer a combination of competitive rates, good customer service, and a variety of coverage options. By comparing quotes and exploring discounts, you can find the right coverage for your needs while saving money on your premiums.
