Best cheap car insurance in Syracuse

Fact-checked with HomeInsurance.com

1

At Bankrate we strive to help you make smarter financial decisions. While we adhere to strict , this post may contain references to products from our partners. Here’s an explanation for

Car insurance in Syracuse averages $804 per year for minimum coverage and $1,735 per year for full coverage, which includes collision and comprehensive. This is below New York State averages of $974/$2,205 annually. This is not surprising since Syracuse is one of the smaller cities in the empire state and does not have the traffic — and accidents — that plague the larger cities.

But that does not mean there are no accidents: motor vehicle accidents are the third leading cause of injury in Onondaga County, where Syracuse is located, with almost 2,500 emergency room visits resulting from car accidents in the most recent year surveyed.

Because of this, drivers need to carry the best car insurance in Syracuse. In looking for the best cheap car insurance in Syracuse, we reviewed cost, customer service, financial stability and range of coverages and discounts.

Best car insurance companies in Syracuse

To find the best car insurance in Syracuse, we looked at all the major insurers writing policies in the region. We got sample quotes and reviewed each company’s standing with J.D. Power’s Customer Satisfaction ranking. We also looked at financial stability, the range of coverage options and available discounts. The following companies came out on top:

Insurance Company J.D. Power score Average annual premium for minimum coverage Average annual premium for full coverage
Erie 880/1,000 $563 $1,187
Geico 871/1,000 $594 $1,579
Main Street America Group NA $259 $666
State Farm 881/1,000 $926 $1,834
USAA 890/1,000 $696 $1,555

Quadrant Information Services, 2020

Erie

Erie scores well with J.D. Power’s ranking, which indicates a focus on good customer service. The company’s average rate is $563 per year for minimum coverage and $1,187 per year for full. Erie offers basic liability, collision and comprehensive, with options like pet coverage and auto glass repair. Its Rate Lock means your premium may not rise after an accident. We also like Erie’s Auto Plus option, which includes a diminishing deductible, additional days of transportation expense coverage and increased limits for some coverages.

Geico

Geico’s rates are well below the average car insurance quotes in Syracuse, at $594 annually for minimum and $1,579 annually for full coverage. The company offers more than the usual number of discounts, including 25 percent off your premium if you have policies for multiple vehicles, a 15 percent discount for military service members and 12 percent off if you are a federal employee. Geico has a reputation for treating its policyholders well and managing their claims quickly and efficiently.

Main Street America Group

Not as well-known as some of our other picks, Main Street America is affiliated with American Family Insurance and sells policies through independent agents. Its average quote for Syracuse drivers is a low $259 per year for minimum coverage and $666 per year for full — the cheapest car insurance that we found in Syracuse. You may be able to get your price down even further with discounts, which include one for seniors, a loyalty discount and a good student discount. The company offers multiple ways to customize your policy by adding new vehicle replacement coverage, accident forgiveness and loan-lease protection, among other options.

State Farm

State Farm is the largest writer of auto insurance policies in the U.S., and there are some good reasons for that. It excels at customer service, scoring highly in J.D. Power’s rankings. Although its rates were at the high end among our choices, at $926 for minimum coverage per year and $1,834 for full coverage per year, there are multiple discounts that can bring your cost down to a reasonable level. Its website is the best one we have seen, making it easy to manage your account online. Optional coverages include emergency roadside service and rideshare driver coverage.

USAA

USAA is J.D. Power’s number one pick for customer service, and the company has a well-deserved reputation for servicing its client’s accounts efficiently and quickly. Its average rates are below the Syracuse averages, at $696 annually for minimum coverage and $1,555 annually for full coverage. The only drawback to USAA is the fact that it only sells policies to members of the military, veterans and their families. But if you are in this demographic, USAA should be your first stop for a quote.

Cheapest car insurance in Syracuse

The average cost of car insurance in New York State is $974 per year for minimum coverage and $2,205 per year for full coverage. This is well above the national averages, which are $563 annually for minimum coverage and $1,738 annually for full. Syracuse’s averages fall in between: $804 annually for minimum and $1,735 annually for full.

The following five companies have the cheapest car insurance quotes Syracuse.

Insurance Company Average Annual Premium for Minimum Coverage Average Annual Premium for Full Coverage
Progressive $528 $884
Erie $563 $1,187
Geico $594 $1,579
USAA $696 $1,555
State Farm $926 $1,834

Four of these companies are on our “best of” listing above. Progressive scores somewhat lower on J.D. Power’s customer service list, indicating that its client management can be spotty, but it does offer good rates to Syracuse drivers. State Farm is the priciest on the list, but is still below the average and discounts may bring your rate down even more.

If you are affiliated with the military, USAA should definitely be on your radar. Geico and Erie also offer excellent coverage options at a reasonable price point.

Syracuse insurance requirements

New York’s insurance requirements are more extensive than many states. They include the following, which is the minimum amount of insurance you can have in order to drive legally. It is often written 25/50/10.

  • $25,000 bodily injury (BI) liability to cover the injuries to one person in the other car in an at-fault accident.
  • $50,000 total BI liability to cover all the injuries (of multiple people) in the other car.
  • $10,000 property damage (PD) liability to cover damage to the other car or structures such as fences or light posts.
  • Coverage for uninsured/underinsured motorists (UM/UIM) must be included at the same minimums as liability.
  • Drivers must also carry $50,00 worth of “no-fault” coverage, also called personal injury protection, or PIP.

You may also be required to purchase collision and comprehensive coverage if you have a car loan or lease your car. Many insurance experts suggest that you purchase more than the minimum liability (for example, 100/300/50) so that you would be adequately covered in an accident that included serious — and expensive — injuries.

Car insurance discounts in Syracuse

Discounts can play a big role in determining your premium rate. Here are a few that are commonly offered to Syracuse drivers:

  • Safety features: If you have anti-lock brakes, airbags or other safety features, you can score an easy discount.
  • Pay online: Setting your account up to be payable electronically may save you money. You may also save if you agree to receive your documents and mailings via email.
  • Good driver: Insurers are increasingly using telematics, which involves installing a small device in your car that can transmit data on your driving skills. If you are a safe driver, you will earn a discount.
  • Young driver: Many insurers offer multiple discounts for young drivers, such as one for teens who take a driving safety course, or one for students who attend college at least 100 miles from home.
  • Affiliated organization discounts: Many insurance companies give discounts to military members. Others offer discounts to the alumni of various colleges and universities or other groups.

Frequently asked questions

What is the best car insurance company?

A good place to start your search for the best insurance is with Bankrate’s list of Best Car Insurance Companies of 2021. Get several quotes from companies in your area, both regional and national, to see who will give you the best rates. The best companies working in the Syracuse region include Erie, Geico, Main Street America, State Farm and USAA.

How much does car insurance in Syracuse cost?

The average cost of an auto insurance policy in Syracuse is $804 annually for the minimum required in New York, and $1,735 per year for full coverage. Your own rate will likely differ from this, as insurers take many factors into account when assigning premiums, such as the make and model of your car, your credit rating and even your marital status.

Methodology

Bankrate utilizes Quadrant Information Services to analyze 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 driving record, good credit and the following full 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 minimum coverage limits, Bankrate used minimum coverages that meet each state’s requirements. Our sample drivers own a 2018 Honda Accord, commute five days a week and drive 12,000 miles annually.

These are sample rates and should be used for comparative purposes only. Your quotes may be different.