Niagara Falls, NY Car Insurance

On average, drivers in Niagara Falls pay around $144 per month for their car insurance. To learn more about what you're likely to pay in the Niagara Falls area, read our guide below.
How does Niagara Falls stack up to the rest of the area, or even New York as a whole? What can Niagara Falls residents expect to pay for their car insurance? Find the average cost breakdowns and determining factors in the charts and writeups below:  

How much is car insurance in Niagara Falls?

Area Average Monthly Car Insurance Premium
Niagara Falls$144
NY$198
United States$80

Based on the above chart, auto insurance policies in Niagara Falls are about $54 a month cheaper than in the rest of New York.

Drivers relocating the Niagara Falls should take note of the differences in average rates. The cost of insuring a vehicle in Niagara Falls is about $64 more expensive than the average rate for the rest of the U.S.

Bear in mind that while these rates represent the expected monthly payments for Niagara Falls residents, it doesn't mean that's what you'll pay. The monthly rate that insurance companies end up charging you is determined by a variety of factors. The bill you'll see each month is calculated based on things like age, gender, vehicle make and model, driving record, and in some cases, credit score.

We've analyzed the average rate for Niagara Falls and broken down the different factors to help you understand what your monthly bill might look like. And if you're not sure if you're getting the cheapest rate, simply enter your ZIP Code below to learn more about rates in your area!

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Average Car Insurance Rates by Age

Age Range Average Premium
Under 18Not Enough Data
18-24$217
25-34$137
35-44$141
45-54Not Enough Data
55-64$108
65+$154

Generally, the older you are, the more experienced you are on the roads. That experience can turn into some real savings when it comes to car insurance premiums. In this case, 18-24-year-olds pay a lot more than drivers 65 and older.

You can expect to see a decrease in your monthly premium drop about once a decade or so. Niagara Falls drivers may see their rates creep back up once they hit retirement age.

Average Car Insurance Rates by Gender

Gender Average
Male$134
Female$159

Despite the national trend of women paying less than men for insurance coverage, in Niagara Falls men actually pay $134 per month for coverage while women pay $159.

Average Auto Insurance Rates by Driving Record

Infractions Average Monthly Premium
1 Accident$129
Multiple Accidents$186
1 Ticket$138
Multiple TicketsNot Enough Data

Depending on your driving record, your rates can vary wildly. Drivers with clean records can expect to pay significantly less than those with accidents or violations. In Niagara Falls, drivers with one accident on their record will experience rates around $129 a month. In addition, drivers with a single ticket on their record can expect to pay around $138 a month on average.

Wherever you live, accidents, tickets, and other driving infractions can cost you some serious cash. Remember, cheap car insurance rates are dependent on driving safely and keeping your record clean.

Average Insurance Rates by Vehicle

Vehicle Age Average Monthly Premium
Less Than 1 Year$161
2-3 Years$158
4-5 Years$115
6-7 Years$141
8-10 Years$166
11-14 Years$142
15 Years or Older$150

In Niagara Falls, the cheapest vehicles to insure are by and large trucks and vans, with drivers paying around $127 per month for insurance coverage.

SUV drivers will see rates of about $136, while the rates for car owners average out to about $149 per month.

You can also expect to see slightly different rates depending on your vehicle's age. Generally, newer vehicles are going to cost the most to insure. However, once your car is around 5 years old, you may start to see your monthly premium decrease. In Niagara Falls, the most expensive vehicles to insure are vehicles eight-to-ten years old.

Average Car Insurance Rates by Relationship Status

Relationship Average Monthly Premium
Single (never married)$145
Married$129
Divorced$102
Widowed$115

Generally speaking, car insurance is slightly cheaper for married policyholders. This usually happens because companies will extend special discounts to policyholders with multiple vehicles that are on the same policy.

On a national scale, married drivers typically pay less than single drivers for auto insurance. Niagara Falls is no exception, with the difference totaling to around $16 a month.

Average Car Insurance Rates by Housing Situation

Housing Status Average Monthly Premium
Own$134
Rent$157
Live with parents$124

Your living accommodations is another factor that affects your monthly rate. In Niagara Falls, homeowners can expect to pay around $23 a month less than those who rent. But if you live with your parents, you can expect to pay a lot more.

Bundling your home or rental insurance and auto insurance policies can oftentimes reduce your overall costs, depending on your insurance company.

Car Insurance Companies in Niagara Falls, NY

Recent trends in car insurance for Niagara Falls drivers

Since car insurance rates are constantly changing, it's a good idea to know the local trends in your area before choosing an insurance provider.

In Niagara Falls, auto insurance rates had been increasing from 2016-2017, when they hit a high of $182. This pattern shifted in 2018, when they began to decrease, and have continued on that road through 2021, when policy premiums reached a low of $121 a month.

How does Niagara Falls compare to neighboring areas?

Why are car insurance rates in Niagara Falls different from other areas?

When considering how much to charge for a monthly rate, car insurance companies will consider a number of factors. Where you live will also have a significant impact on your personal policy. This may include things like:

  • Road Safety (frequency of car accidents)
  • Amount of off-street parking
  • Rate of crime
  • Amount of drivers
  • Local regulations

Knowing the make-up of these factors can be helpful when deciding on purchasing a new policy or thinking about making a move. Each area will have different rates. Guides like these are a wonderful place to get started.

How can I find the cheapest car insurance in Niagara Falls?

In the end, the only way to know exactly what your rate will be is to request a quote from a car insurance company.

Luckily, Compare.com can handle all of this for you. Enter your ZIP below, answer a few questions about you and your car, and you'll be quickly comparing the cheapest quotes from numerous car insurance companies offering auto coverage in Niagara Falls.

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Niagara Falls Insurance FAQs

What factors affect car insurance quotes in Niagara Falls?

Quotes are calculated by car insurance companies who take multiple factors into consideration, including things you can't control like your gender and age, but also factors like your credit score, address, marital status and driving record.

Why is the cost of car insurance in Niagara Falls different from other neighboring cities?

Car insurance companies take local factors into consideration when determining how much to charge for coverage. Things like local laws, parking situations, and crime rates -- which can vary from city to city -- can significantly affect your rate.

Which car insurance company will offer me the cheapest rate in Niagara Falls?

Since the factors that car insurance companies take into consideration when calculating the rate you might pay differ from person to person, there is no one insurance company that will offer the cheapest rate to everybody. Things like your driving record, the number of drivers on the policy, and vehicle make and model, plus a number of others, are all taken into account. Because of this, it's a good idea to use sites like Compare.com to compare multiple quotes at once.

Do I need to change my insurance if I move to Niagara Falls?

Whenever you move to a new area, or experience any other major life event such as getting married or finding a new job, it's always a good idea to re-evaluate your current insurance policy. Certain companies may offer larger discounts in certain cities, so it's a smart idea 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. Regardless of how much time is left on your current policy, you can switch companies at any time. So, whether you're considering moving to Niagara Falls or just curious if you're getting the best rates, why not take 10 minutes and see if Compare.com can save you some extra cash?

Find your best rate in just a few minutes