On average your neighbors pay $103 a month.See Your Rates
Manhattan, New York, has so many amazing things to offer visitors and residents alike, including great museums, Central Park, Broadway—not to mention some of the best transportation options in the world.
Of course, although these bikes, buses, subways, and even trolleys can take you almost anywhere you want to go in the city, some people still like to drive a car. That's where we come in.
How much is car insurance in Manhattan, NY? Residents shouldn't be surprised to hear car insurance costs more in Manhattan than it does in many other parts of the US. Average insurance rates in New York are a bit higher than the national average. The average cost of auto insurance in New York is $1,234.84 per year. The national average price is $889.01.
Prices will vary depending on your driving history and the number of claims filed in your zip code, so you may pay more or less.
|Total Cost Per Year||$1,234.84|
|Price Per Month||$102.90|
|Source: Facts + Statistics: Auto insurance|
The graph below shows the change in average New York insurance rates from 2011 to 2015, the most recent year the data is available. According to the III, New York car insurance rates increased from $1,111 in 2011 to $1,234 in 2015, a jump of $123, or 11.12 percent.
QuoteWizard helps Manhattan residents compare quotes from both national insurance companies and local independent agents. Comparing quotes can help you find cheap car insurance rates near Manhattan, New York and save up to 40% on your premium.
Last year, 1,906 people used QuoteWizard to compare car insurance quotes in Manhattan, NY from multiple companies to find the cheapest rates.
This is our list of the 10 most common car insurance companies reported by QuoteWizard users living in Manhattan, New York last year. Of those 1,906 residents, 107 were uninsured.
This information comes from all of New York City, which includes the borough of Manhattan.
These are the most common car makes and models owned by Manhattan, NY drivers requesting quotes through QuoteWizard last year.
Manhattan, New York has a minimum coverage requirement known as the 25/50/10 rule. This means each policy must include at least the following three components:
The policy must be in the name of the vehicle's registered owner and the coverage must remain in effect as long as the registration is valid even if you don't use the vehicle.
Driving conditions like weather and traffic congestion can influence Manhattan insurance rates.
The climate in Manhattan is much like the rest of New York. Residents can expect an average of 232 days of either sunny or partly sunny weather. Rainfall is distributed throughout the year, with around 120 days seeing measurable precipitation. Snow is also very common in this area; Manhattan receives around 26.6 inches in a typical winter.
According to a recent study by TRIP, 82 percent of the major roads in and around New York City are in poor or mediocre condition. These pothole-filled streets cost drivers close to $800 a year in extra vehicle operating costs.
During the winter of 2015, the Department of Transportation reported repairing 21,635 potholes in Manhattan.
According to TomTom's annual traffic index report, New York City has the third-worst traffic congestion in the US. The average commuter spends an additional 33 minutes per hour stuck in traffic during peak commute times, and 128 hours a year for commutes of 30 minutes.
Moving violations including speeding tickets, accidents, and drunk driving can add points to your driver's license and give you a bad driving record. If this happens, your insurer will label you a bad driver and force you to purchase high-risk auto insurance.
The State of New York DMV website lets you pay non-criminal traffic citations, tells drivers how to request a hearing to contest a ticket, and provides helpful traffic court information.
New York City police have issued 86,090 moving violations so far in 2016.
The City of New York reported 1,168 car crashes in 2014 in which alcohol was a factor. Those accidents resulted in 904 injuries and 54 fatalities.
A DWI conviction will require you to obtain an SR-22 form. To get the lowest rate for the most expensive type of coverage, get a quote and compare prices from top companies that specialize in Manhattan DWI insurance.
According to the County Crash Summary database, New York County saw 11,833 car accidents in 2014. This is a 14 percent decrease from the 13,160 accidents seen in 2013.
Forty people died due to the 11,833 car accidents reported in New York City in 2014. Another 7,000 people sustained serious to moderate injuries.
New York reported 1,092 vehicle thefts in 2016. That’s a rate of 0.66 per 1,000 residents. This is well below the national average of 2.20 per 1,000 people.
Discounts are one of the best ways to lower your insurance rates. Below are only some of the car insurance discounts available to Manhattan, NY drivers.
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