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Cheap Car Insurance in New Rochelle, NY

Does your budget need cheap car insurance in New Rochelle, NY? Well, then you’ve come to the right place. AutoInsuranceEZ.com is the best resource on the internet for comparing prices between companies and finding a more affordable auto insurance deal near you. It’s one of the easiest ways to save money!

New Rochelle isn’t just popular among its 70,000+ residents; it’s renowned throughout the entire country as one of the best places to live. As a matter of fact, in 2004, it was rated the 13th best city to live in overall. It’s also earned awards as one of the best cities to raise children,  and Business Week gave it the award for best city in New York state as recently as 2008.

  • Fun fact: Oh, so close! New Rochelle just barely missed out on the top 10 list of cities with the largest percentage of female medical practitioners. they are rated 11th in the country. Learn more interesting information about New Rochelle here.

Auto Insurance Coverage Requirements in New York

Driving legally in New Rochelle requires:

Coverage Requirements Most Common
Bodily Injury Liability 25,000/50,000 100,000/300,000
Property Damage Liability 10,000 50,000
Uninsured Motorist Bodily Injury 25,000/50,000 25,000/50,000
Medical Payments Not required 100,000
Collision Not required 500 deductible
Comprehensive Not required 500 deductible

 
It’s tempting to only purchase liability coverage if you are concerned about saving money on your monthly premiums. This can actually be a smart strategy if you have a much older vehicle which doesn’t cost very much to replace or repair. And if you are a careful driver, you may not have to worry about purchasing higher liability coverage limits since the likelihood of a serious accident is much lower. But in all other scenarios, it is much smarter to at least purchase higher coverage limits for your liability coverage – or to just bite the bullet and purchase a comprehensive insurance policy for your own protection.

Did you know that the average monthly insurance premium for New York drivers is over $200? If this seems high to you, then you’re one of the lucky ones. Most New York drivers are paying as much or more for their own premiums. But that doesn’t mean you should have to. There are easy ways to save as much as 39% or more of your monthly premiums – all you have to do is let us help you.

Average Monthly Auto Insurance Premiums Legend: New Rochelle Hanover Nationwide Preferred Mutual State Farm Allstate 15 30 45 60 75 90 105 120 135 150 165 180 195 $82 $196 $119 $162 $153

 
Nationwide seems to be offering some pretty expensive prices in Mount Vernon, with Preferred Mutual and Hanover being on the more affordable side. State Farm and Allstate are right in the middle. But depending on your own personal circumstances, the quotes you get from these companies and other local providers could be much lower. And by shopping around, you can save big.

Living in Mount Vernon means that you have the opportunity to save a good chunk of change on New York State Auto Insurance. The city provides certain advantages which other areas don’t that can let you some very steep discounts. But your overall payment will still vary based on your own personal circumstances – so it’s important to know what those are if you really want to save money.

Major Car Insurance Factors in New Rochelle

Yes, that’s right, you can alter some of your driver profile variables in order to get a better monthly car insurance premium. For some of them, however, it won’t be easy. And many of them cannot be changed at all. For example:

Your Zip Code

For the vast majority of drivers, moving to a different zip code in order to get a better rate on your auto insurance is completely impractical. But the difference in rates from one location to another can be pretty significant. Based on such factors as population size (New Rochelle currently has 79,558 residents) and median household income (which has jumped to $75,757 for New Rochelle residents), you could be looking to save a decent amount of money.

Auto Insurance by Zip Code Legend: New Rochelle Buffalo New York State Farm Nationwide Preferred Mutual 20 40 60 80 100 120 140 160 180 200 220 240 260 280 $162 $136 $186 $196 $134 $281 $119 $70 $135

Automotive Accidents

Accident statistics for your area play a pretty significant role in your monthly premiums as well. Obviously, if statistics are high, you’re going to end up paying a little bit more money then someone in the next city over (assuming that area has fewer accidents). The good news is that accident rates in New Rochelle – as you can see in the chart below – are very, very low. This is pretty exceptional considering the large population size of the city.

Basic vs. Comprehensive Auto Policy Legend: New Rochelle Fatal Accidents Vehicles Involved in Fatal Accidents Fatal Crashes Involving Drunk Persons Fatalities Persons Involved in Fatal Crashes Pedestrians Involved in Fatal Crashes 1 1 1 1 1

Auto Thefts in New Rochelle

Another good statistic for New Rochelle is the fact that the most recent recorded year reported only 61 auto thefts. This means auto theft is extremely unlikely per capita in New Rochelle compared to other places. This should help lower your rate, but if you want even more savings, you should strongly consider making sure that your vehicle is outfitted with a passive alarm.

Fatal Accidents in New Rochelle, NY Legend: Basic Coverage Comprehensive Coverage Hanover Nationwide Preferred Mutual 25 50 75 100 125 150 175 200 225 250 275 300 $82 $157 $196 $301 $119 $266

Your Credit Score

Living in the US means that maintaining a good credit score will make your life much easier. For a lot of people, unfortunately, that’s much easier said than done. This is especially true with auto insurance as you can see from the chart below. But don’t worry; if you happen to have bad credit, there are steps you can take to improve it over time. Unfortunately, there’s nothing you can do in the short-term in order to get a lower quoted rate today if you start shopping around.

Auto Insurance by Credit Score Legend: Good Credit Poor Credit Hanover Nationwide Preferred Mutual 20 40 60 80 100 120 140 160 180 200 220 240 260 $82 $270 $196 $195 $119 $165

Your Age

It’s an unfortunate yet irrefutable fact that younger drivers have more accidents than older, more experienced drivers. Young drivers who want to save money on their auto insurance can earn good grades, take driver’s education courses, and may even want to ask their parents to bundle them onto the family auto policy. This should help alleviate the fact that, as a younger driver, you will still see an unfortunate spike in your monthly premium.

Auto Policy Age Comparison Legend: 17 Year Old Driver 35 Year Old Driver Hanover Nationwide Preferred Mutual 35 70 105 140 175 210 245 280 315 350 385 420 455 $307 $82 $486 $196 $263 $119

Your Driving Record

If you haven’t had any tickets or accidents within the last three to five years of your driving history, then that will be a huge step in the right direction towards getting yourself a lower rate. But if you do have some blemishes on your recent history, don’t despair too much. Some areas have defensive driving courses that you can take in order to get points put back on your license. But if you don’t have access to these, you should work extra hard to drive more carefully and keep your driving history clean so that your insurance company won’t consider past defenses when calculating your premium in the future.

Driving Violations Legend: Perfect Record Minor Violation Major Violation Hanover Nationwide Preferred Mutual 20 40 60 80 100 120 140 160 180 200 220 240 260 280 $82 $112 $154 $196 $241 $295 $119 $133 $222

Your Vehicle

The newer and more expensive your vehicle is, the more coverage you’re going to want to purchase in order to insure it properly. If you have an old clunker which would cost more to repair or replace and is not vulnerable to auto theft, then you can get away with purchasing less coverage or even settling for liability only. Newer vehicles may require things like comprehensive coverage, collision, gap coverage, and more. They may even require higher limits on these coverages than what is normally recommended.

Car Insurance by Make/Model Legend: 2015 Honda Accord 2015 Chevy Corvette Hanover Nationwide Preferred Mutual 20 40 60 80 100 120 140 160 180 200 220 240 260 $82 $185 $196 $237 $119 $276

Minor Car Insurance Factors in New Rochelle

Of course, tweaking some of the factors below can add up to some extra savings over time:

Your Marital Status

There are many things about getting married that will bring more happiness and joy into your life. Believe it or not, lower auto insurance rates are one of those things. Married drivers tend to get charged lower rates overall, but you can get some added savings if you bundle your insurance policy with your partner through the same company.

Your Gender

This practice used to be much more popular many years ago; but these days, there isn’t as much of a difference between the way men and women drive anymore. Some companies may still make a distinction between the two sexes though, and charge anywhere from 2%-3% more for monthly premiums. Whether this charge gets applied to men, women, or whether the company doesn’t factor gender in at all will vary from one provider to another.

Your Driving Distance to Work

Commute times in New Rochelle are fairly reasonable. Most drivers won’t spend more than 20 minutes getting to work or driving home. Furthermore, you have a good variety of choices when it comes to getting around. Only about 52% of residents drive their own vehicle to work by themselves. Many choose to take subway or rail to work, while others either carpool, walk, or choose to work from home in order to stay off the roads and stay safe.

Whether you’re walking, taking public transportation, or not leaving the house for work at all, these choices can really help you save money on your car insurance rates. Many companies even offer you the opportunity to plug a little device into your vehicle to track your miles. The fewer miles drive, the less likely you are to get into an accident – and this can get you some serious discounts with the right insurance provider!

Your Coverage and Deductibles

Do you want a high deductible or low deductible? Do you know what the difference between the two is? Simply put, lower deductibles mean higher monthly insurance premiums. This compensates the insurance company for paying more money to get your vehicle repaired or replaced in the event of an accident. Shouldering more of that financial burden by raising your deductible, though, will get you a lower monthly rate. But paying a higher deductible when you least expect it could be difficult and inhibit your ability to get around. Be very careful before making this choice, since being unable to get around in the face of a high deductible can be extremely detrimental for some people.

Education in New Rochelle, NY

Strangely, New Rochelle has a much lower number of citizens with only a high-school diploma or equivalent when compared to the New York average. But that may be because so many of its residents have gone on to pursue higher levels of education. When it comes to bachelor’s degrees, New Rochelle is a few percentage points higher than the state average. And it is significantly higher in master’s degree owners than the rest of the state.

Despite its sizable population, New Rochelle is only home to a couple of private universities. Iona College and the College of New Rochelle are located within the city limits and average a modest enrollment of a little over 3,500 students per semester. But it’s not like you have to travel far to get a higher education outside the city limits of New Rochelle. There’s Manhattan College, CUNY Lehman College, and Fordham University within a 20-minute drive of the city.

It’s hard to start saving money on your monthly car insurance premiums right away. Problems, like having a blemish on your driving record, not having a higher education, or having a poor credit score, will take time to fix before you see results on your monthly auto insurance statement. But there is one thing you can do right now to save yourself money: let us help you compare quotes! All it takes is your zip code and a few minutes of your time and we can find you up to 5 fast, free quotes for major providers near you. If you start shopping around with us today, you could start saving hundreds of dollars per month.

How We Conducted Our Car Insurance Analysis

*We calculated our average rate based on the following metrics: a married, 34-year-old male with good credit, a 12-month history of maintaining auto insurance, a clean driving record, who owns his own home. Miles driven annually were based on the national average. The average rate was also calculated based on a financed 2015 Honda Accord with a pre-installed anti-theft device.

Sources:

New York Department of Financial Services

New York Department of Financial Services – Insurance

Department of Highway Safety and Motor Vehicles

City-Data.com

Census.gov

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