Albany, NY Car Insurance
Compare Progressive, Allstate, GEICO and Nationwide (+ other top companies) to find the best and cheapest car insurance in Albany.
How much does car insurance cost in Albany?
The typical Albany driver pays $664 per six-month policy for car insurance. That's less expensive than the average rate in New York ($852) and less expensive than the national average of $880. Continue reading to see how much you can expect to pay for insurance based on age, credit score, and other factors in Albany. Read on to learn more!
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| Car insurance in Albany vs. New York | Average 6 Mo. Premium |
|---|---|
| Albany average | $664 |
| New York average | $852 |
The Zebra's key takeaways about car insurance in Albany:
- The average cost of a car insurance policy in Albany is $664 per six-month policy — $110 per month.
- The cheapest company in Albany is GEICO ($599).
- 31% of Zebra customers in Albany stated they used our product because they were paying too much for car insurance with their current provider.
Are you paying too much for auto insurance?
Albany car insurance rates by company
Getting quotes from many different companies is the best way to find good coverage at a price that fits your budget. For a typical insurance customer, GEICO provides Albany's cheapest rates. See below the best companies for cheap auto insurance in Albany. Use this information as a starting point and be sure to compare quotes specific to your unique driving profile.
| Company | Avg. 6 Mo. Premium |
|---|---|
| GEICO | $599 |
| State Farm | $645 |
| NYCM Insurance | $645 |
| Progressive | $679 |
| Allstate | $870 |
The Zebra’s auto insurance data methodology
The Zebra’s Dynamic Insurance Rating Tool for home and auto insurance rates utilizes the latest ZIP code-level rate filings from across the U.S., sourced from Quadrant Information Services and S&P Global. These filings, typically updated annually or biennially by insurers, are verified through Quadrant’s QA process and then integrated into The Zebra’s estimator.
The displayed rates are based on a dynamic home and auto profile designed to reflect the content of the page. This profile is tailored to match specific factors such as age, location, and coverage level, which are adjusted based on the page content to show how these variables can impact premiums.
For a comprehensive understanding, see our detailed methodology.
Shop around for the best rates
The only way to know which company has the cheapest coverage for you is to compare. Our comparison will do the leg work for you. Enter your ZIP code to see rates from Progressive, State Farm, GEICO and USAA (+ other top companies) to find the best and cheapest car insurance in Albany.
Albany auto insurance rates by age
Our data shows that drivers between the ages of 20-29 make up 46% of Albany drivers. The age bracket that pays the least for auto insurance in Albany consists of drivers in their 50s, who pay an average of $628. Drivers in their 60s pay marginally higher rates — $644 per six-month policy.
The Albany drivers who pay the highest insurance rates are teenagers. When drivers hit their 20s in Albany and move out of the teenage age bracket, they reduce their premiums substantially. The difference in rates paid by teenage drivers and drivers in their 20s in Albany is $2,118, the largest such difference between any two age groups.
| Age bracket | Avg. 6 Mo. Premium |
|---|---|
| Teenagers | $1,911 |
| 20s | $852 |
| 30s | $673 |
| 40s | $664 |
| 50s | $628 |
| 60s | $644 |
| 70s | $735 |
Albany car insurance rates by credit score
An important insurance rating factor in most states is credit. Drivers with checkered credit histories typically face higher car insurance rates than drivers with good credit. In Albany, an improvement in credit score from the "Very Poor" tier (300-579) to the "Exceptional" tier (800-850) corresponds to a 58% drop in car insurance costs. Moving into the "Fair" credit tier from the "Very Poor" level is one of the most impactful steps a driver can take in pursuit of better car insurance rates. In Albany, improving your credit to "Fair" corresponds with a $376 decrease in six-month car insurance rates. Our data tells us 37% of drivers in Albany have a credit score of average (580-679).Â
| Credit Tier | Avg. 6 Mo. Premium |
|---|---|
| Very Poor | $1,418 |
| Fair | $1,042 |
| Good | $840 |
| Very Good | $700 |
| Exceptional | $592 |
Albany car insurance rates by violation
No matter where you live, avoiding accidents and violations is the best way to keep your auto insurance rates low. Speeding tickets, reckless driving citations, DUIs and DWIs, and at-fault accidents all can trigger insurance rate hikes.
Albany drivers found guilty of reckless driving pay a steep price when it comes to auto insurance, facing a rate increase of $700 per year versus the city average. A ticket for speeding results in a $306 rate hike while a DWI or DUI violation costs $805 per year in extra insurance expenditures.
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| Incident | Avg. 6 Mo. Premium |
|---|---|
| DWI/DUI | $1,067 |
| Reckless Driving | $1,014 |
| At-fault Accident (damages less than $1,000) | $685 |
| At-fault Accident (damages > $2,000) | $905 |
| Speeding Ticket (16-20 mph over speed limit) | $817 |
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About The Zebra
The Zebra is not an insurance company. We publish data-backed, expert-reviewed resources to help consumers make more informed insurance decisions.
- The Zebra’s insurance content is written and reviewed for accuracy by licensed insurance agents.
- The Zebra’s insurance editorial content is not subject to review or alteration by insurance companies or partners.
- The Zebra’s editorial team operates independently of the company’s partnerships and commercialization interests, publishing unbiased information for consumer benefit.
- The auto insurance rates published on The Zebra’s pages are based on a comprehensive analysis of car insurance pricing data, evaluating more than 83 million insurance rates from across the United States.