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Best cheap car insurance in Yonkers for 2022

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Drivers in Yonkers pay higher-than-average rates for car insurance at $1,375 per year for state minimum liability and $2,972 per year for full coverage. The average auto insurance rates for New Yorkers is lower at $2,321 annually for full coverage. One reason for higher auto insurance premiums in Yonkers is the high likelihood of accidents and injuries. Car accident injuries are the fourth leading cause of death by injury in Westchester County, New York.

With more than 12 million licensed drivers in the state, New Yorkers pay some of the highest rates for car insurance in the country. To help drivers combat high car insurance rates, Bankrate compared multiple carrier’s 2021 quoted premiums and customer satisfaction scores to provide drivers with a convenient list of the best cheapest car insurance in Yonkers.

Best car insurance companies in Yonkers

By comparing third-party ratings from the 2020 J.D. Power Auto Insurance Study — an industry-trusted annual customer satisfaction report — plus current rates from different insurance companies in Yonkers, we found some of the best car insurance Yonkers insurers have to offer.

Insurance company J.D. Power score
(New York)
Average annual premium for minimum coverage Average annual premium for full coverage
Geico 837 / 1,000 $1,180 $2,592
Main Street American Group N/A $428 $1,077
New York Central Mutual 837 / 1,000 $1,448 $3,329
State Farm 851 / 1,000 $1,630 $2,956
USAA 884 / 1,000 $1,234 $2,809


Geico offers some of the cheapest rates in Yonkers thanks to a large number of discount options and coverage levels. Drivers may make use of discounts for both young students and senior drivers. Military, federal employees and individuals part of Geico’s more than 500 qualifying groups or organizations also have a host of discount options available to get cheap rates on car insurance.

The auto insurer has superior financial strength to pay claims in the event of a loss. In the New York region, Geico is highly favored as the second-higher ranking insurer for overall customer satisfaction in the New York region.

Learn more: Geico insurance review

Main Street American Group

By far, Main Street American Group has the lowest average cost of car insurance in Yonkers. Even with rates this low, insureds are not likely to have to sacrifice coverage or discount opportunities with one of its policies. Its auto elite program offers three bundled coverage packages with standard accidental airbag deployment, personal clothing coverage, transportation expenses and roadside assistance. The company also has excellent financial strength if you need to file a claim.

New York Central Mutual

New York Central Mutual (NYCM) car insurance is another favorite among the New York region, tying with Geico for second place in the J.D. Power regional study. Offering a wide range of discounts and up to 25% for bundling home and auto insurance, NYCM works exclusively with New York residents. This is unique compared to many other insurance companies in Yonkers, giving the city’s drivers the coverage they need to protect themselves on roads in the Empire State.

Learn more: New York Central Mutual insurance review

State Farm

As the number one insurer in the New York region, State Farm may be one of the best car insurance companies in Yonkers with a lot to offer its insureds. With coverage options that exceed New York state insurance requirements and several discount options to potentially stack for added savings, drivers in Yonkers are likely to get cheap car insurance rates with State Farm.

Learn more: State Farm insurance review


USAA offers lower-than-average car insurance rates in Yonkers for military members, their spouses and children. If it were not due its membership requirements, USAA would qualify as a top-ranking insurer in the J.D. Power Auto Insurance Study. USAA estimates switching carriers could save its policyholders as much as $707 on average per year over other carriers.

Learn more: USAA insurance review

Cheapest car insurance in Yonkers

In the U.S., the average cost for car insurance is $1,674 per year for full coverage, far cheaper than the Yonkers average annual rate of $2,972. Going strictly by price, the following car insurance companies offer the cheapest rates for Yonkers drivers by market share. All the auto insurers listed have lower average annual rates for state minimum liability and full coverage, except for Allstate’s state minimum rate which is slightly higher than the average rate of $1,375 per year.

Insurance company Average annual premium for minimum coverage Average annual premium for full coverage
Progressive $985 $1,587
Erie $1,006 $2,084
Geico $1,180 $2,592
USAA $1,234 $2,809
Allstate $1,466 $2,903

Progressive and Erie offer the cheapest car insurance rates in Yonkers, on average, while still offering broad coverage choices and discount opportunities. Geico’s rates are a bit higher, but balance it out with one of the best mobile apps and nationwide coverage. All of these auto insurance companies have been in business for many years and have strong financial histories, ensuring they can pay claims when the time arises.

Of the cheap car insurance companies listed, USAA and Allstate scored highest on the 2020 J.D. Power U.S. Auto Claims Satisfaction Study. However, USAA is not considered rank-eligible due to membership requirements. Your rate may also be different from the quoted rates below, based on your driving history and coverage choices.

Yonkers insurance requirements

Drivers in Yonkers are required to meet New York state liability insurance minimum coverages or risk a suspended drivers license and vehicle registration. To meet the requirements, you must have at least:

  • $25,000 per person for bodily injury
  • $50,000 per accident for bodily injury
  • $10,000 per accident for property damage

Though these limits comply with state mandates, most insurance experts recommend purchasing as much liability insurance as you can afford to protect your finances if you are involved in an accident. If you finance or lease a car, most lenders want you to purchase full coverage to meet lending requirements.

Car insurance discounts in Yonkers

If you are looking for cheap car insurance rates in Yonkers, consider discounts you qualify for. Applying as many discounts as you can could work to keep rates low so you could purchase more coverage, affordably. Here are a few discounts that can have a big impact on your Yonkers insurance premiums:

  • State- or provider-approved accident prevention course
  • Safety features (anti-lock brakes, airbags, automatic seat belts, etc.)
  • Multi-policy
  • Safe driver
  • Usage-based telematics

Many times, the multi-policy discount, or bundling, is the largest percentage discount available on car and home insurance. Depending on how you drive and how often, you may be able to save quite a bit with a usage-based program offered by many of the auto insurance companies offering coverage in Yonkers.

If you have young drivers in the household who are full-time students, taking advantage of discounts like good student and safe driver programs might also save on higher premiums caused by having an inexperienced driver on your policy.

Frequently asked questions

What is the best car insurance company?

The best car insurance company varies by driver and household needs. One way to determine which insurance company best fits your needs is to get a few quotes from different companies to compare coverages and discount options.

How much does car insurance in Yonkers cost?

The average annual rate for full coverage insurance is $2,972 per year or $247.67 monthly. Your rate could be higher or lower depending on your accident and ticket history, coverage requirements, and the type of car you drive.

How much car insurance do I need in Yonkers?

You must meet the minimum New York requirements for liability coverage, but other than that, coverage choices are up to you. Consider full coverage if you have a loan or lease on your car. If you can afford more coverage, it may be a good idea to protect yourself if you cause an accident resulting in accidents or property damage.


Bankrate utilizes Quadrant Information Services to analyze 2021 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 2019 Toyota Camry, 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.

Written by
Mandy Sleight
Insurance Contributor
Mandy Sleight has been a licensed insurance agent since 2005. She has three years of experience writing for insurance websites such as Bankrate, MoneyGeek and The Simple Dollar. Mandy writes about auto, homeowners, renters, life insurance, disability and supplemental insurance products.
Edited by
Insurance Editor