Brooklyn’s auto insurance premiums are among the most expensive in the United States . However, this doesn’t mean it is impossible to get the best and most affordable rates. Drivers in Brooklyn pay an average of $2,970 per year for minimum coverage and $6,188 annually for full coverage. This makes it easy for them and their wallets to find multiple ways to save. Bankrate compared several insurance companies to determine which one offers the best rates in Brooklyn, while offering drivers high-quality customer service and other benefits.
The best car insurance companies in Brooklyn
Not only do the best Brooklyn car insurance companies offer affordable rates for full or minimum coverage, but they also have impressive customer satisfaction ratings according to the 2020 U.S. Auto Insurance Study. Geico and State Farm offer digital tools, such as highly rated apps, to simplify policy management and claim filing.
Geico
Geico has been providing insurance to drivers for more than 75 years. Now, they offer a full range of coverage options and discounts that are available for all drivers. Geico scores high in customer satisfaction ratings from J.D. The financial ratings of Geico are impressive as well. Geico earns the highest possible A++ with AMBest and an AA+ rating from Standard & Poors – both indicating the highest level financial strength and stability.
USAA
USAA has policy options available for veterans, current military personnel and their immediate families. USAA has many policy options and discounts for military families if you meet the eligibility requirements. USAA is consistently ranked high in customer satisfaction ratings. This includes the best score in the New York area for the 2020 J.D. Power Score.
State Farm
State Farm offers a broad range of coverage options and discounts. State Farm is the largest provider of auto insurance in America. They work with all budgets and vehicles. The mobile app allows you to buy a policy, add coverages, make claims, and summon roadside assistance.
New York Central Mutual
New York Central Mutual (NYCM) is another auto insurance company that has high ratings according to the 2020 J.D. Power score. NYCM provides a wide range of coverage options including roadside assistance, in addition to excellent customer service. NYCM also offers many discounts such as defensive driving, safety equipment, and good grades. The A+ rating by AM Best demonstrates the company’s financial strength.
Brooklyn has the cheapest car insurance
The average rate in Brooklyn is $2,970 per year for minimum coverage and $6,188 for full coverage. This is significantly higher than the average cost for car insurance in New York. New Yorkers pay an average of $1,062 annually for minimum coverage and $2,321 per year for full coverage. These are some of the highest rates in the country. Brooklyn’s car insurance is also more expensive than the rest of the United States, which averages $625 for minimum coverage, and $1,674 full.
Bankrate compared rates from several national and local carriers in Brooklyn to determine the most affordable. Progressive has some of the lowest rates among major carriers but is ranked last in 2020 J.D. New York drivers: Power survey Geico offers competitive rates as well as a variety of discounts and coverage options. Erie has a more traditional agent network model. It offers lower rates and relies upon a network with over 13,000 agents to provide the best customer service experience.
Brooklyn insurance requirements
Brooklyn drivers are required by law to have minimum liability insurance. This includes:
- $10,000 property damage in one accident
- $25,000 for bodily injuries and $50,000 for death in the case of an accident victim
- $50,000 for bodily injuries and $100,000 for deaths for two or more victims of an accident
New York is a “no fault” state. All drivers living in New York have to file an insurance claim with their provider of auto insurance after an accident, regardless of who is at fault.
You could be at risk of not purchasing enough coverage. Additional coverage may also be necessary if your vehicle isn’t in your possession. Many lenders require that you purchase gap insurance if you finance or lease your vehicle.
Brooklyn Car Insurance Discounts
Car insurance in Brooklyn is expensive, so finding the best car discount can help to offset some of the higher coverage costs. There are many discounts for Brooklyn drivers, including:
- Safety equipment: You may be eligible for additional discounts if your vehicle has enhanced safety features like anti-lock brakes and airbags.
- Discount on a new car: You may be eligible to receive a discount on a new car if you own a brand new vehicle.
- Safe driver: By agreeing to join a telematics programme, such as connecting an application to your smartphone while driving, you can have your driving record recorded, which could lead to additional savings.
- Good grades: Many carriers will reward students who bring home high grades with discounts on their premiums.
It is a great way of saving on your premiums by taking advantage of all the discounts available. These discounts are just a few of the many that you might be eligible for through your carrier. Consider raising your deductible to save even more on your premiums. It is smart to shop around and compare quotes from different carriers in order to get the best price for your premiums.
Questions frequently asked
Which is the best Brooklyn car insurance company?
When looking for the best Brooklyn car insurance company, there are many factors you should consider. Customer service ratings, financial stability and digital assets are all important.
What is the cost of car insurance in Brooklyn?
Brooklyn’s average car insurance cost is $2,970 for minimal coverage and $6,188 to cover the full policy. Your rates will be based on many factors such as age, gender and zip code. The best way to determine the exact cost of your purchase is to get a personalized quote.
