You have money questions. Bankrate has answers. Our experts have been helping you master your money for over four decades. We continually strive to provide consumers with the expert advice and tools needed to succeed throughout life ’ s fiscal journey. Bankrate ’ s editorial team writes on behalf of YOU – the lector. Our goal is to give you the best advice to help you make smart personal finance decisions. We follow nonindulgent guidelines to ensure that our editorial content is not influenced by advertisers. Our column team receives no direct recompense from advertisers, and our content is thoroughly fact-checked to ensure accuracy. therefore, whether you ’ re reading an article or a review, you can trust that you ’ re getting credible and dependable information. We value your trust. Our deputation is to provide readers with accurate and indifferent information, and we have column standards in home to ensure that happens. Our editors and reporters thoroughly fact-check editorial content to ensure the information you ’ rhenium reading is accurate. We maintain a firewall between our advertisers and our column team. Our column team does not receive lead recompense from our advertisers. Bankrate follows a rigorous editorial policy, so you can trust that we ’ ra putting your interests first gear. Our award-winning editors and reporters create honest and accurate content to help you make the correctly fiscal decisions. All providers discussed on our locate are vetted based on the value they provide. And we constantly review our criteria to ensure we ’ ra putting accuracy first. Our policy team is composed of agents, data analysts, and customers like you. They focus on the points consumers care about most — monetary value, customer serve, policy features and savings opportunities — so you can feel convinced about which supplier is right for you. Bankrate follows a rigid editorial policy, so you can trust that we ’ re putting your interests inaugural. All of our capacity is authored by highly qualified professionals and reviewed by subject count experts, who ensure everything we publish is objective, accurate and desirable of your believe. Founded in 1976, Bankrate has a long racetrack record of helping people make bright fiscal choices. We ’ ve maintained this reputation for over four decades by demystifying the fiscal decision-making march and giving people assurance in which actions to take next. While we adhere to strict column integrity, this post may contain references to products from our partners. here ‘s an explanation for how we make money. This contented is powered by HomeInsurance.com ( NPN : 8781838 ). For more information, please see our Insurance disclosure. The Bronx may be a vibrant, bustling borough of New York, but maintaining car insurance in the area can get quite expensive. The average cost of car insurance in Bronx is $2,502 annually for minimum coverage and $5,271 per year for a full coverage policy. With rates over triple the national annual average of $ 1,674 for wide coverage, finding the best car indemnity in Bronx without overpaying for premiums can be a critical slice of your fiscal health. fair in June, 2021, there were about 2,000 traffic accidents recorded in the Bronx. Having a car insurance policy with coverages that fit your needs could protect you from fiscal devastation if you cause an accident. Bankrate ’ s research might help you find the best cable car indemnity in Bronx for your position, ampere well as appropriate coverages and discounts .
Best car insurance companies in Bronx
New York offers a multitude of options for car indemnity, and the Bronx is no exception. The best car insurance companies in Bronx include Progressive, Erie, Geico and USAA. Bankrate ’ s column team chose these companies by reviewing each carrier ’ south average rates provided by Quadrant Information Services, customer service and fiscal persuasiveness ratings, coverage options and discounts .
| Insurance company | J.D. Power score (New York region) |
Average annual premium for minimum coverage | Average annual premium for full coverage |
|---|---|---|---|
| Progressive | 813/1,000 | $1,485 | $2,234 |
| Erie | Not rated | $1,835 | $3,597 |
| Geico | 827/1,000 | $1,889 | $3,577 |
| USAA* | 868/1,000 | $2,048 | $4,126 |
*USAA is not eligible for official ranking with J.D. Power due to eligibility restrictions .
Progressive
Founded in 1937, Progressive now operates as the third-largest supplier of car policy in the country. not merely are there multiple coverage options for about any budget — which the Name Your Price Tool can help you find — but the list of discounts is impressive. progressive offers an range of keep open opportunities, including paperless statements, paying in full moon and multi-vehicle savings. Learn more: Progressive Insurance review
Erie
Erie is a regional supplier that only operates in 12 states, including New York. however, Erie provides coverage options and a across-the-board variety show of discounts to rival a national carrier. While Erie did not earn a grade in the J.D. Power sketch, the local anesthetic agent network continues to remain popular. presently, Erie only allows customers to obtain quotes and coverage through the use of a local agent. Learn more: Erie Insurance review
Geico
Geico is another bombastic carrier, presently ranked as the second-largest supplier in the country based on car policy grocery store share. Geico performed slenderly below the industry average for customer atonement in New York, earning 827 out of 1,000 points in the J.D. Power survey. however, Geico does achieve the highest military rank possible for fiscal intensity by earning an A++ ( Superior ) denounce with AM Best. Learn more: Geico Insurance inspection
USAA
USAA provides coverage options for military personnel and their immediate syndicate members. While the standard coverage and discounts are offered, there are besides several specify features. For exercise, garaging a vehicle on a military basal, storing a vehicle if you are deployed or being a bequest customer can earn you an extra dismiss. Learn more: USAA Insurance review
Cheapest car insurance in Bronx
The average monetary value of car policy in the Bronx is $ 2,502 per year for minimal coverage, and $ 5,271 for a full coverage policy. The average cost of car indemnity in the state of New York is $ 2,321 per annum for full coverage, and the national average full coverage premium is $ 1,674 per year. When it comes to car policy, Bronx drivers pay a a lot higher premium than drivers in the rest of the area. Progressive, Erie, Geico, USAA and Allstate all offer competitive rates that are also below average for the Bronx. however, carriers should be reviewed based on other factors besides, such as fiscal strength and customer servicing ratings. Each of these five carriers earns a minimum of an A+ ( Superior ) evaluation with AM Best, highlighting fiscal constancy. All five offer numerous customer discounts, although Progressive and Geico are particularly generous with the total offered .
| Insurance company | Average annual premium for minimum coverage | Average annual premium for full coverage |
|---|---|---|
| Progressive | $1,485 | $2,234 |
| Erie | $1,835 | $3,597 |
| Geico | $1,889 | $3,577 |
| USAA | $2,048 | $4,126 |
| Allstate | $2,853 | $4,916 |
Bronx insurance requirements
not alone is liability indemnity required in the state of New York, but because of the no-fault laws, personal wound protection ( PIP ) coverage is besides required. The minimum requirements for insurance in New York are :
- $25,000 bodily injury liability per person and $50,000 death per person
- $50,000 bodily injury liability per accident and $100,000 death per accident
- $10,000 property damage liability per accident
- $50,000 personal injury protection (PIP)
- $25,000 statutory uninsured motorist bodily injury per person
- $50,000 statutory uninsured motorist bodily injury per accident
New York offers two options for uninsured motorist coverage : statutory and supplementary. statutory coverage is required and provides coverage only for accidents within state limits. auxiliary coverage is available in minimal limits or higher limits and provides coverage outside of the state adenine well. coverage for damage caused by underinsured motorists is besides included in supplementary uninsured motorist coverage. While lone purchasing the minimal ask coverage is often less expensive, it besides provides a lower level of fiscal protection. Most fiscal and policy experts recommend carrying higher liability limits. additionally, minimal coverage does not include coverage for damage to your own car. For that, you will need fully coverage .
Car insurance discounts in Bronx
Discounts are one of the easiest, most common ways to save on premiums. Finding bum policy rates in Bronx is easier when you take advantage of as many discounts as possible .
- Multi-policy: Bundling your auto insurance policy with the same carrier that provides your home, condo or renters insurance often results in savings on both policies.
- Good student: For full-time high school or college students who maintain at least a B average, a good student discount might be an easy way to save.
- Paid-in-full: Paying a policy in one lump sum versus in monthly or quarterly installments is another way to save.
- Automatic payments: Choosing to have your premiums automatically drafted often results in a discount.
Every company offers different discounts, so reviewing options online or talking to a spokesperson might be the best way to discover savings opportunities .
Frequently asked questions
What is the best car insurance company?
The best insurance company is different for everyone. Everyone has unique needs and wants when it comes to policy. For example, one driver might be looking for a company with solid digital tools while another might want the lowest price possible. Understanding what you need from your insurance carrier and comparing quotes from several companies can help you find the right options for you .
How much does car insurance in the Bronx cost?
The average cost of car indemnity in the Bronx is $ 2,502 per class for minimum coverage and $ 5,271 for a fully coverage policy. however, it is significant to remember rates are highly dependant on personal factors, such as your old age, vehicle, annual miles compulsive, your driving history and the coverages you choose .
What is no-fault insurance?
“ No-fault ” refers to personal injury protection ( PIP ) coverage. If no-fault states, this coverage is designed to pay for your injuries and other qualify expenses after an accident careless of who was at fault. contrary to the name, fault does however exist in no-fault states. The at-fault driver in a crash is even responsible for paying the property damage that they cause.
Methodology
Bankrate utilizes Quadrant Information Services to analyze 2022 rates for all ZIP codes and carriers in all 50 states and Washington, D.C. Quoted rates are based on a 40-year-old male and female driver with a clean drive record, good credit and the pursuit full moon coverage limits :
- $100,000 bodily injury liability per person
- $300,000 bodily injury liability per accident
- $50,000 property damage liability per accident
- $100,000 uninsured motorist bodily injury per person
- $300,000 uninsured motorist bodily injury per accident
- $500 collision deductible
- $500 comprehensive deductible
To determine minimal coverage limits, Bankrate used minimum coverages that meet each state ’ south requirements. Our sample distribution drivers own a 2019 Toyota Camry, commute five days a workweek and drive 12,000 miles per annum. These are sample rates and should be used for comparative purposes lone. Your quotes may be different .