What You Need to Know

New York state law mandates that all drivers, including Brooklyn residents, carry car insurance to operate a motor vehicle on state roadways. When purchasing car insurance, Brooklyn, New York, drivers are likely to pay more than other New York drivers.

Insurance Requirements for Brooklyn, New York Drivers

According to QuoteWizard, the state of New York requires drivers to purchase liability insurance, personal injury protection, and uninsured motorist coverage. That means if you live in Brooklyn, you should make sure your insurance policy lists the following minimums:

• Bodily Injury Liability: $25,000 per person/$50,000 per incident
• Property Damage Liability: $10,000 per incident
• Basic Personal Injury Protection: $50,000 per incident
• Uninsured Motorist Bodily Injury: $25,000 per person/$50,000 per incident

In the unfortunate event of a severe accident, the state minimums may not be enough to cover all of the damage. QuoteWizard recommends that Brooklyn drivers raise their liability limits to the following amounts:

• Bodily Injury Liability: $100,000 per person/$300,000 per incident
• Property Damage Liability: $100,000 per incident

QuoteWizard notes that male drivers living in Brooklyn pay, on average, $1944.46 a year, while female drivers pay, on average, $2162.53 a year. Both amounts are significantly higher than the statewide average of $1234.84 a year. Brooklyn drivers pay more because they live in a more densely populated area, putting them at greater risk of having an accident.

A Comparison of Quotes for Brooklyn Drivers

If you’re looking for affordable car insurance, it helps to compare quotes from various providers. Each insurance company has its own formula for calculating rates, meaning that prices vary from one provider to the next. ValuePenguin gathered quotes for different groups of Brooklyn drivers from leading insurance companies operating in Brooklyn. Drivers who live in Brooklyn and want minimum coverage can expect to pay the following, on average:

• State Farm: $1004 a year/$84 a month
• Progressive: $1209 a year/$101 a month
• GEICO: $1292 a year/$108 a month
• New York Central Mutual Fire (NYCM): $1590 a year/$132 a month
• Travelers: $1772 a year/$148 a month
• Allstate: $2028 a year/$169 a month

If you’re a Brooklyn driver shopping for full car insurance coverage, these are your most affordable options:

• Progressive: $2355 a year/$196 a month
• GEICO: $2461 a year/$205 a month
• State Farm: $2544 a year/$212 a month
• NYCM: $3272 a year/$273 a month
• Travelers: $3531 a year/$294 a year
• Allstate: $3721 a year/$310 a year

ValuePenguin also sought out the cheapest rates for drivers with different types of violations on their record. They report that the most affordable options for Brooklyn drivers with a recent speeding ticket are as follows:

• Progressive: $2436 a year/$203 a month
• GEICO: $2589 a year/$216 a month
• State Farm: $2803 a year/$234 a month

Brooklyn drivers can expect to pay the following if they have a recent accident on their record:

• State Farm: $3061 a year/$255 a month
• NYCM: $3652 a year/$304 a month
• GEICO: $3654 a year/$305 a month

If you have a recent DUI on your record, you can expect to pay even higher rates. ValuePenguin found that these are the most affordable rates for Brooklyn drivers with a recent DUI:

• Progressive: $2469 a year/$206 a month
• State Farm: $2803 a year/$234 a month

Another group that pays higher rates is drivers with poor credit ratings. The insurance industry views these drivers as less reliable, making them more of a risk to insure. ValuePenguin reports the following as the most reasonable prices for drivers with a poor credit score:

• GEICO: $2589 a year/$216 a month
• State Farm: $3740 a year/$312 a month
• Allstate: $4359 a year/$363 a month

Teen drivers pay the highest car insurance rates out of any demographic. Insurance companies classify them as a high-risk group because they have less driving experience than any other group. ValuePenguin analyzed full coverage and minimum coverage rates for teen drivers living in Brooklyn. The most affordable options for this demographic are:

• Progressive: $6987 a year for full coverage/$3822 a year for minimum coverage
• NYCM: $7468 a year for full coverage/$3008 a year for minimum coverage
• Travelers: $7750 a year for full coverage/$3840 a year for minimum coverage
• GEICO: $7896 a year for full coverage/$4018 a year for minimum coverage
• State Farm: $8182 a year for full coverage/$3136 a year for minimum coverage
• Allstate: $10,276 a year for full coverage/$4741 a year for minimum coverage

How Brooklyn Drivers Can Minimize Their Insurance Costs

In addition to shopping around and comparing quotes, there are other ways for Brooklyn drivers to minimize their car insurance costs. The Zebra recommends that you do the following:

• Talk to your agent about discounts. Insurance companies offer several discounts that you may qualify for. If you bundle your renter’s or home owner’s policy with your car insurance policy, you’ll see significant savings. The same is true if you own multiple vehicles and bundle them into the same policy. Some providers offer discounts for managing your account online instead of by mail. Teen drivers can earn discounts for maintaining a 3.0 GPA or higher.
• Maintain a clean driving record. Driving safely is good for you, your vehicle, and your wallet. As mentioned in the quote comparisons, drivers with less-than-perfect driving histories pay higher rates than drivers with a clean record. Insurance companies typically reward safe drivers with additional discounts.
• Improve your credit score. If you improve your credit score, you can save between $1370 and $4000 a year, depending on how many tiers you move up. A change in your credit score is an excellent time to shop around for a new policy because you may find an insurance company that charges lower rates than your current provider.
• Choose the right amount of coverage. The more coverage you include in your policy, the more you’ll pay on premiums. In some cases, it makes more sense to cover the minimum amount of coverage. For example, if your car is more than 10 years old or it’s worth less than $4000, then comprehensive and collision coverage is an unnecessary expense.

Check this out if you need additional information, resources, or guidance on car insurance.

Sources:

Best Auto Insurance Rates in Brooklyn, New York | quotewizard.com

Who Has the Cheapest Auto Insurance Quotes in New York? | valuepenguin.com

Car Insurance in Brooklyn, NY | thezebra.com

What Is the Minimum Auto Insurance Coverage in New York? | caranddriver.com

Full Coverage Insurance: Everything You Need to Know | caranddriver.com

Car Insurance | caranddriver.com


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