7 carriers raised New York auto rates by up to 8.7% in 2026 — you may be overpaying. The fastest way to stop overpaying is to compare carriers for your ZIP — the cheapest options in New York are below.
Cheapest car insurance carriers in New York right now
Estimated annual premiums for a standard profile, cheapest first — New York averages about $2,712/yr. The spread between carriers is wide, so shopping is how you beat a rate hike.
| # | Carrier | Est. annual | vs avg |
|---|---|---|---|
| 1 | USAA | $1,725/yr | Save $603 |
| 2 | Progressive | $2,046/yr | Save $282 |
| 3 | GEICO | $2,075/yr | Save $253 |
| 4 | Travelers | $2,183/yr | Save $145 |
| 5 | Root Insurance | $2,286/yr | Save $42 |
| 6 | State Farm | $2,370/yr | +$42 |
| 7 | The Hartford | $2,656/yr | +$328 |
| 8 | Kemper | $2,766/yr | +$438 |
| 9 | National General | $2,849/yr | +$521 |
| 10 | Nationwide | $2,924/yr | +$596 |
Carriers that raised New York rates in 2026
| Carrier | Change | Effective | Affected | % of brand | Source |
|---|---|---|---|---|---|
| GEICO GEICO General + Government Employees | +4.9% | Mar 10, 2025 | — | — | SERFF #GECC-134404337 ↗ |
| Farmers Farmers Property & Casualty Insurance Company | +8.7% | Aug 18, 2025 | — | — | SERFF #FAIG-134358402 ↗ |
| Travelers Quantum Auto 2.0 | +3.0% | Dec 29, 2025 | — | — | SERFF #TRVD-G134680232 ↗ |
| Progressive PAIC + PMIC | +1.1% | Mar 6, 2026 | — | — | SERFF #PRGS-134858552 ↗ |
| Liberty Mutual LIC/LMFIC/LMGIC/LM-IC/TFLIC | +5.0% | Apr 29, 2026 | — | — | SERFF #LBPM-134738048 ↗ |
| Mercury Mercury Casualty Company | +5.0% | Jun 23, 2026 | — | — | SERFF #MERY-134872955 ↗ |
| NYCM New York Central Mutual | +4.9% | Aug 22, 2026 | — | — | SERFF #NYCM-134694570 ↗ |
Are you actually getting the new rate?
Approved changes are statewide averages, and a cut usually reaches new buyers first — existing customers often don’t see it until their next renewal, if at all. The only way to know you’re on the best current price is to re-shop.
Filing figures are filed/approved statewide averages from each state’s Department of Insurance; rankings are directional estimates. “Affected” counts are policyholders or insured vehicles as stated in each filing. Your individual rate varies by risk profile. Each filing links to its source. Not a quote.