Affordable New York Car Insurance: 10 of The Cheapest Cars to Insure

Nov 11, 2019

11 Nov
2019
Auto Insurance, Helpful Tips & Ideas, Keeping your Rates Low

Affordable New York Car Insurance: 10 of The Cheapest Cars to Insure

by Robert Marsalona

Of the multitude of factors that impact your New York car insurance premiums, there is no doubt that the make and model of your vehicle matter. We’ve consulted lists compiled by NerdWallet, Insure, Bankrate and Wallethub to determine the top 10 vehicles that are cheapest to insure in 2019, -based on multiple areas of analysis. We’ve chosen vehicles that occur most frequently across these lists, while also trying to diversify the maker as much as possible. However, some manufacturers are simply great at making affordable and safe vehicles.

10 of the cheapest vehicles to insure in New York:

  1. Honda Odyssey
  2. Subaru Forester
  3. Jeep Wrangler
  4. Honda CR-V
  5. Ford Escape
  6. Subaru Outback
  7. Chevrolet Traverse
  8. Jeep Cherokee
  9. Jeep Compass
  10.   GMC Canyon

You may notice that brands like Jeep, Subaru and Honda appear more than once and are now asking, “What makes these vehicles cheaper to insure in New York?” Below we will detail the factors that impact your New York car insurance rate when it comes to your vehicle selection.

Usage of the Vehicle and Car Insurance

Overwhelmingly, the list contains SUV’s with the Honda Odyssey being a minivan. These types of cars tend to be family oriented, thus they are operated by drivers who exercise more precaution. Further, if there are any claims, they are more likely to be relatively inexpensive–like scratches or dings—not claims related to a high speed crash. In such cases, these claims may not even be filed by the insured.

On the contrary, a sports car, like a Ford Mustang or Dodge Charger are often driven by younger inexperienced drivers that are more prone to dangerous behavior on the road. Not only that, but these cars are equipped with more horsepower, making them higher risk for your New York car insurance policy in their own right.

Cost of Repairs and Claims History

Luxury cars normally have parts that are expensive to replace, thus, can also increase your car insurance rate. Claims costs have been rising due to added expenses in replacing the newest sensors and safety features. The more complicated the repair, the longer it will stay in the shop; this increases the amount of time you may require a rental vehicle and the payout for your car insurance company if you have rental coverage.

Additionally, luxury vehicle owners will be more likely to report even the most minor claims to keep their car in pristine condition. Hence why claims history is also taken into account when determining your auto insurance rate. If payouts are high or more frequent on a certain make or model, or it is more commonly stolen (check the theft rate for your vehicle here), the car insurance rate will likely be higher.

Safety Rating and Car Insurance

Another factor that can influence your New York car insurance rate is the safety rating of your vehicle. If a vehicle’s safety rating is poor, a claim would likely create higher payouts for medical coverage and personal injury protection in the event of an accident. Therefore, smaller vehicles like a Toyota Prius or Hyundai Accent will be more costly to put on your auto insurance policy. Alternatively, if your car has a good safety rating it is more likely that both you and your passengers will be well protected in an accident.

Why Does All of This Matter?

All of these aspects are vital to think about when choosing a vehicle for yourself or your family. Regardless of whether or not the cost of your car insurance policy is something you are thinking about while purchasing a car, the impact some of these factors have on your New York car insurance may change your decision anyway. A vehicle is a long term investment and it’s important to make sure it fits both your everyday lifestyle and needs as well as car insurance budget.

Need An Affordable Car Insurance Policy for a New Car? Contact TSC>Direct!

TSC>Direct has provided competitively priced car insurance to residents of NYC, The Bronx, Brooklyn, Queens and Long Island for 30+ years. As New York residents ourselves, we take pride in genuinely understanding the needs of our neighbors throughout New York. We consistently strive to provide superior customer service and a quick and easy claims process. Our A- (excellent) rating with AM Best, the leader in credit rating when it comes to insurers, speaks for itself.

Get a free car insurance quote today and purchase your new car knowing your affordable car insurance provider has you covered! Want to speak to a representative instead? Call 1-800-JOIN-NOW (800-564-6669), or visit our homepage to get started!

For New Yorkers, by New Yorkers
Since 1986, we have offered the most competitive rates in auto and homeowner's insurance in the New York metropolitan area. Why should everything cost more just because we live in the greatest city in the world? Take 2 minutes and get a free quote today.
As of December 31, 2018 Tri-State Consumer Insurance Company, known by its trade name, TSC>Direct, had admitted assets of $103,374,630 and policyholders surplus of $41,898,069.
Its total liabilities were $61,476,562 including $42,261,317 in reserves.
2018 All Rights Reserved. Tri-State Consumer Insurance Company, a division of Tri-State Consumer Inc., 100 Jericho Quadrangle, Suite 124, Jericho, NY 11753-2702
Providing auto and homeowners insurance to: New York City, Queens, Manhattan, Brooklyn, Bronx, Staten Island, and Nassau & Suffolk Counties in Long Island. Providing homeowners insurance also to: Westchester County and Orange County NY.