Cheapest Car Insurance in Ridgewood, N.Y. (2023)

The best car insurance companies in Ridgewood are NY Central Mutual, Geico, Progressive, USAA and Erie. These companies have strong customer service and prices that are lower than average for both minimum and full coverage in the city.

Keep reading: Cheap car insurance

Unless stated otherwise, the following cost tables show average rates for the driving profile of a 35-year-old married driver with good credit and a clean driving history.

Our data shows that the average cost of minimum-coverage car insurance in Ridgewood is $158 per month or $1,898 per year. This is about 204% more than the national average of $52 per month or $627 per year. Similarly, full-coverage insurance costs $317 per month or $3,801 per year on average, which is about 90% more expensive than the national average of $167 per month or $2,008 per year for full coverage.

Cheapest Liability Car Insurance in Ridgewood

NY Central Mutual offers the cheapest liability insurance with average rates of $94 per month or $1,126 per year. Geico is the second-cheapest option in Ridgewood with average rates of $95 per month or $1,139 per year.

Liability coverage is the minimum coverage required by the state of New York. According to New York law, all drivers must either meet or exceed the following minimum requirements:

• $25,000 bodily injury liability per person
• $50,000 bodily injury liability per accident
• $10,000 property damage liability per accident
• $25,000 uninsured motorist bodily injury coverage per person
• $50,000 uninsured motorist bodily injury coverage per accident
• $50,000 personal injury protection

Cheapest Full-Coverage Car Insurance in Ridgewood

A full-coverage car insurance policy can be pricey in Ridgewood. Full insurance coverage includes liability plus comprehensive coverage and collision coverage, which protect against damage to your vehicle in a variety of situations. Progressive is the cheapest full-coverage option with average rates of $184 per month or $2,206 per year.

Car insurance rates vary due to several factors, meaning that the cheapest company for one driver may not be for another. In this section, we’ll look into how the cost of car insurance in Ridgewood is influenced by factors like age, credit score and driving record.

Simple ways to reduce the cost of auto insurance in Ridgewood are by choosing minimum-coverage limits, by increasing your deductible and by getting quotes from multiple insurance agencies. There are insurance brokerages throughout Ridgewood and surrounding neighborhoods like Maspeth, Glendale and Middle Village, so it’s a smart move to compare rates.

Another great method to reduce rates is by bundling your auto policy with renters insurance, home insurance and life insurance. Car insurance coverage isn’t cheap in Queens, but you may be able to get competitive rates on both it and homeowners insurance if you opt for this route.

Ridgewood Car Insurance Cost by Age

The reason why teens pay more for car insurance is because they’re more likely to get into car accidents or to break traffic rules. Our data shows that 16-year-olds pay about $513 per month or $6,157 per year for car insurance in Ridgewood.

The cost of car insurance decreases as drivers get into their 20s, and prices keep going down over time. Here are the average costs of car insurance with minimum coverage in Ridgewood for different age groups.

Cheapest Car Insurance in Ridgewood: Teen Drivers

Car insurance for teens is expensive, but some insurance providers tend to be more affordable than others. Our data shows that NY Central Mutual is the cheapest car insurance company for teen drivers with minimum-coverage rates as low as $212 per month or $2,544 per year. Geico, Progressive and Chubb also offer affordable insurance premiums for Ridgewood teens.

Ridgewood Car Insurance Cost by Credit Score

In New York, car insurance companies are allowed to use credit scores when deciding how much to charge for coverage. If someone has a low credit score, they’ll have to pay more for car insurance. On the other hand, someone with a good credit score will probably be charged less.

Cheapest Car Insurance in Ridgewood: Poor Credit

Our rate data shows that Geico is the cheapest option for car insurance with bad credit in Ridgewood. The company offers minimum-coverage policies to drivers with poor credit for rates of $122 per month or $1,461 per year. This is 23% less than the overall state average for minimum coverage for good credit.

Ridgewood Car Insurance Cost by Driving Record

Those who’ve received speeding tickets, been involved in accidents or have DUIs on their driving records should expect higher car insurance costs. On average, speeding can increase your rates by 18%, an at-fault accident by 39% and a DUI by 41%.

While there are different average price increases with each auto insurer, our research found that NY Central Mutual is the top choice if you have driving violations on your record. The table below shows average rates by company for drivers who have either a speeding ticket, accident or DUI on their record.

Keep reading: Insurance rates for high-risk drivers

Cheapest Car Insurance in Ridgewood: Speeding Ticket

Now, we’ll take a more detailed look at prices by driving violation. According to our data, NY Central Mutual offers the cheapest auto insurance rates to drivers with a speeding ticket on their records — $115 per month or $1,382 per year. Progressive follows close behind with an average monthly rate of $120, while USAA, Geico and Erie round out the top five options for cheap speeding ticket car insurance in Ridgewood.

Cheapest Car Insurance in Ridgewood: At-Fault Accident

If you’ve caused an accident while behind the wheel, that will make your insurance rates go up more than if you had just received a speeding ticket. NY Central Mutual and USAA are the cheapest options here with average rates of about $115 per month and $150 per month, respectively. You’ll notice that some auto insurance companies charge significantly more for this amount of coverage after an accident.

Cheapest Car Insurance in Ridgewood: DUI

Getting a DUI is a serious violation that will make your car insurance rates in Ridgewood go up by hundreds of dollars per year. Progressive is very cheap compared to other companies, offering average rates of $107 per month or $1,280 per year for drivers with a DUI. NY Central Mutual, USAA and Chubb are also good options with rates under $198 per month on average.

Though car insurance rates in Ridgewood are significantly higher than both the New York and national averages, there are still competitive prices. NY Central Mutual offers the cheapest minimum coverage in the city, costing around $94 per month. Progressive provides Ridgewood drivers with affordable full-coverage rates of $184 per month.

Compare free auto insurance quotes to find the company that meets your New York car insurance needs at the best rate. You can compare insurance products and get free quotes online or from insurance agents.

Here are some frequently asked questions about the cheapest auto insurance in Ridgewood:

*Cost data comes from Quadrant Information Services and is accurate at time of publication.