How much is car insurance for a 18-year-old per month in NY?
The average cost of minimum coverage car insurance for 18-year-old drivers in New York is $3,298 per year, or $303 per month — which is about $2,200 more expensive than it is for 30-year-old drivers. *USAA is only available to current and former military members and their families.
How much is car insurance in NY monthly new driver?
We found that Geico offers the cheapest auto insurance estimates for 17-year-old New York drivers, costing $4,364 per year or $364 per month on average. The average rate estimate for a 17-year-old driver in the Empire State averages to $7,217 per year or $601 per month.
How much is car insurance for an 18-year-old with parents?
The average cost of adding an 18-year-old to a parent's car insurance policy is $3,020 annually, but the average cost of an 18-year-old getting their own car insurance is $7,396 annually.
Is car insurance cheaper at 18 than 17?
Do car insurance rates go down at age 18? Our analysis found that most young drivers see their insurance rates go down by 12% when they turn 18. At 18 years old, you pose less of a risk to insurers than newly licensed 16- and 17-year-olds do, and your rates reflect that.
Is car insurance cheaper at 18 than 17?
Do car insurance rates go down at age 18? Our analysis found that most young drivers see their insurance rates go down by 12% when they turn 18. At 18 years old, you pose less of a risk to insurers than newly licensed 16- and 17-year-olds do, and your rates reflect that.
Is insurance cheaper when you turn 18?
Drivers under the age of 25 tend to have higher insurance rates because they are considered more at-risk drivers. As you get older and have more years of driving under your belt, your insurance rates should start to drop.