New Hyde Park, NY Car Insurance

On average, New Hyde Park drivers pay a monthly average rate of around $180 for their car insurance. Learn more in our handy guide below.
Are rates in New Hyde Park higher or lower than those in neighboring areas? How do they compare to the rest of New York? What can New Hyde Park residents expect to pay for their car insurance? Discover the factors that go into calculating the average cost in our writeups and charts below:  

How much is car insurance in New Hyde Park?

Area Average Monthly Car Insurance Premium
New Hyde Park$180
NY$199
United States$81

Based on the chart above, you can see that it's about $19 a month cheaper to insure your vehicle in New Hyde Park than it is in the rest of New York.

On the flip side, New Hyde Park residents will likely pay higher rates to insure their vehicle than in the rest of the country. Coverage in New Hyde Park is about $99 more expensive than it is for the rest of the U.S.

While these numbers represent the average monthly payments for coverage in New Hyde Park, that doesn't mean it's what you'll pay. There are a variety of factors that insurance companies consider when determining how much to charge you for insurance. Variables like age, gender, vehicle make and model, driving record, and even credit score (depending on your area) can all be taken into consideration when determining your monthly payment amount.

Don't sweat it however, we've broken down the average rate for New Hyde Park residents based on several different factors so that you can get a more accurate idea of what you might pay. And if you're not sure that you're paying the lowest option, simply enter your ZIP below and find out!

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Average Car Insurance Rates by Age

Age Range Average Premium
Under 18Not Enough Data
18-24$351
25-34$155
35-44$132
45-54$164
55-64$138
65+$166

The older you are, the more experienced you are on the roads. That experience pays off when it comes to auto insurance. As you can see, 18-24-year-olds pay $185 more than someone who is retirement aged.

As you get older, you can expect to see a drop in your monthly premium every 10 years. Once you hit retirement, however, you may see your rates creep back up a bit in New Hyde Park.

Average Car Insurance Rates by Gender

Gender Average
Male$186
Female$166

Car insurance rates for women are generally cheaper than they are for men. The difference in average rates in New Hyde Park totals about $20 a month. As illustrated in the table above, female drivers in the area pay about $166 on average, while male drivers pay around $186 each month.

Average Auto Insurance Rates by Driving Record

Infractions Average Monthly Premium
1 Accident$177
Multiple Accidents$201
1 Ticket$163
Multiple Tickets$176

Your driving record can have a huge impact on your car insurance rates. Those with clean records will obviously pay much less than those with infractions. Drivers in New Hyde Park with a single accident will pay around $177 a month. Similarly, drivers with one ticket will typically pay around $163 on average.

Accidents, tickets, and other driving infractions can really add up when it comes to how much you pay. So, if cheaper car insurance is important to you, keep your record clean and drive safe.

Average Insurance Rates by Vehicle

Vehicle Age Average Monthly Premium
Less Than 1 Year$303
2-3 Years$143
4-5 Years$178
6-7 Years$153
8-10 Years$194
11-14 Years$162
15 Years or Older$132

In terms of affordable coverage, the cheapest vehicles to insure in New Hyde Park are typically SUVs, at $154 per month.

Truck and van drivers will see rates of about $427 for auto insurance, while SUV owners by and large pay around $154 per month.

The age of your vehicle also plays a role in your monthly payment. Generally, newer vehicles are going to be the most expensive to insure. Once your car is about 5 years old, however, you may see your bill start to shrink a bit. In New Hyde Park, the most expensive vehicles to insure are vehicles less than one year old.

Average Car Insurance Rates by Relationship Status

Relationship Average Monthly Premium
Single (never married)$190
Married$147
Divorced$62

Overall, people who are married will pay slightly less to insure their vehicle. This can usually be attributed to their policies having multiple vehicles, a factor many companies extend special discounts for.

In New Hyde Park, the difference in rates based on relationship status can be as much as $43 a month.

Average Car Insurance Rates by Housing Situation

Housing Status Average Monthly Premium
Own$139
Rent$230
Live with parents$202

Your living accommodations is another factor that affects your monthly rate. Those who own their own home in New Hyde Park can expect to pay around $91 a month less than those who rent. Those who live with their parents, however, can expect to pay a lot more.

That said, if you bundle your homeowners or rental insurance policy with your auto insurance, many companies will offer you a discount to make up for it and reduce your overall costs.

Car Insurance Companies in New Hyde Park, NY

Recent trends in car insurance for New Hyde Park drivers

Car insurance rates are frequently changing, so it's in your best interest to understand which way your area is trending before shopping for coverage.

The rates for auto insurance in New Hyde Park had been increasing from 2016-2017, when they reached a high of $427, but began to decrease from 2018-2019. They finished down in 2021, at $165 a month.

How does New Hyde Park compare to neighboring areas?

Why are car insurance rates in New Hyde Park different from other areas?

When considering how much to charge for a monthly rate, car insurance companies will consider many factors. Many factors affecting your policy are based around where you live and drive. These factors include things like:

  • Amount of off-street parking
  • Road Safety (frequency of local car accidents)
  • Crime
  • Total number of drivers in the area
  • Regional regulations

An awareness of these factors is important when thinking about buying a new policy or potentially moving to a new home. With the knowledge that different towns and cities will all have different rates, guides like these can be a good way to get a lay of the land of your particular neighborhood.

How can I find the cheapest car insurance in New Hyde Park?

In the end, the only way to know exactly what your rate will be is by requesting a quote from car insurance companies. Understanding what the average costs are for drivers prior to seeking out a quote can help you understand how closely the quote reflects local trends.

Fortunately, Compare.com can handle all of this for you. Just put in your ZIP Code below, answer a few questions about you and your car, and you'll be quickly comparing the cheapest quotes from a bulk of the car insurance companies providing auto coverage in New Hyde Park.

Compare the cheapest quotes from dozens of insurance companies

New Hyde Park Insurance FAQs

What factors affect car insurance quotes in New Hyde Park?

Car insurance companies calculate quotes based on a wide array of factors. These include things like your age and gender, but also factors like your driving record, address, credit score, marital status, as well as your vehicle's year and make and model.

Why is the cost of car insurance in New Hyde Park different from other neighboring cities?

Your address and the city you live in have a significant impact on how much a car insurance company might charge for your policy. Companies take into consideration things like local laws, crime rates, and parking situations when calculating your quote -- all of which can change from city to city.

Which car insurance company will offer me the cheapest rate in New Hyde Park?

Since the factors that go into calculating your monthly payment vary from person to person, there isn't one company that will always offer the cheapest rate to everybody. You can be confident that you're receiving the best price possible however, by using sites like Compare.com to compare multiple quotes at once.

Do I need to change my insurance if I move to New Hyde Park?

Any time you experience a major life event, whether it's moving to a new area, getting married, finding a new job, or other notable events, it's always a good idea to re-evaluate your current insurance. Certain companies offer cheaper insurance in certain cities, so even if you were getting the cheapest rate at your old address, it doesn't mean it'll still be the cheapest at your new home. That's why it's always good to use services like Compare.com to compare quotes from dozens of companies side-by-side.

Do I need to wait for my policy to expire to switch to a different car insurance company?

No, you can switch companies at any point, no matter how much time is left on your current policy. If you're thinking about moving to New Hyde Park or are wondering if you're paying the best rate for your current area, take 10 minutes and visit Compare.com to find out for sure.

Find your best rate in just a few minutes