Schenectady, NY Car Insurance

Schenectady drivers pay, on average, around $120 a month for their car insurance. Read our guide below to learn more about your specific rates.
Are rates in Schenectady higher or lower than those in neighboring areas? How do they compare to the rest of New York? What rates can residents of Schenectady expect to pay for their car insurance? You can find average cost breakdowns based on a wide array of factors in the charts and writeups below:  

How much is car insurance in Schenectady?

Area Average Monthly Car Insurance Premium
Schenectady$120
NY$199
United States$81

Looking at the chart above, you can see it's around $79 a month cheaper to insure your vehicle in Schenectady than it is in the rest of New York.

That being said drivers in Schenectady may pay higher rates than the rest of the country. The cost of insuring a vehicle in Schenectady is about $39 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 Schenectady drivers, it doesn't mean that's what you'll pay. There are a variety of factors that car insurance companies consider to determine how much to charge you to insure your vehicle. 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 worry, we've done the work for you and broken down average rates for Schenectady to help you get a more accurate idea of what you'll be charged for your policy. If you're not certain that you're getting the cheapest rate for your area, just enter your ZIP below to find out!

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Average Car Insurance Rates by Age

Age Range Average Premium
Under 18Not Enough Data
18-24$195
25-34$86
35-44$134
45-54$93
55-64$107
65+$64

It makes sense that the older you are, the more experience you have driving, right? When it comes to auto insurance premiums, that experience pays off. According to the table above, you can see that 18-24-year-olds pay $131 more than drivers 65 and older.

For every 10 years, you can expect to see a drop in your monthly premium. Once you hit retirement, however, you may see your rates begin to go back up in Schenectady.

Average Car Insurance Rates by Gender

Gender Average
Male$118
Female$124

Although women typically pay less than men do for car insurance, this is not the case in Schenectady, where female drivers pay around $124 per month while male drivers pay about $118.

Average Auto Insurance Rates by Driving Record

Infractions Average Monthly Premium
1 Accident$102
Multiple Accidents$130
1 Ticket$85
Multiple Tickets$96

Depending on your driving record, your rates can vary wildly. Those with clean records can expect to pay less than those with infractions. Drivers in Schenectady with a single accident on their record will usually see rates around $102 a month. Similarly, if you have one ticket on your record, you will be looking at an average rate of around $85.

Regardless of where you live, accidents, tickets, and other driving infractions can drive your monthly bill way up. In order to keep your monthly bill down and get the cheapest car insurance possible, keep your record clean and drive safely.

Average Insurance Rates by Vehicle

Vehicle Age Average Monthly Premium
Less Than 1 Year$126
2-3 Years$153
4-5 Years$119
6-7 Years$78
8-10 Years$169
11-14 Years$100
15 Years or Older$118

If you look at the first table above, you'll see that SUVs are typically the cheapest vehicles to insure in Schenectady, with drivers paying around $92 per month for auto insurance coverage.

Truck and van drivers will see rates of about $104 to insure their vehicle, while car owners usually pay around $131 a month.

You may also see different rates based on your vehicle's age. Generally, newer vehicles are going to be the most expensive to insure. However, once your car is close to 5 years old, you may start to see your monthly premium drop back down. In Schenectady, 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)$128
Married$84
Divorced$108
Widowed$57

On average, car insurance is slightly cheaper for married policyholders. This occurs because insurance companies commonly extend special discounts to policyholders with multiple vehicles that are on the same policy.

Married couples, on average, pay less than single drivers do to insure their vehicles. This holds true in Schenectady, with married couples paying about $44 less per month.

Average Car Insurance Rates by Housing Situation

Housing Status Average Monthly Premium
Own$142
Rent$109
Live with parents$120

Your living situation is another factor that affects your monthly rate. Renters can expect to pay around $33 a month less than drivers who own property in Schenectady. But if you live with your parents, your rates will be significantly higher.

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

Car Insurance Companies in Schenectady, NY

Recent trends in car insurance for Schenectady drivers

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

The rates for auto insurance in Schenectady declined from 2017-2018, before increasing from 2019-2020. They finished up in 2022 at $136.

How does Schenectady compare to neighboring areas?

Why are car insurance rates in Schenectady different from other areas?

Car insurance companies will consider several factors when trying to decide how much to charge for a policy. A few of these factors affecting your personal policy have already been mentioned, but others are based around your home address. These include things like:

  • Community laws
  • Road safety
  • Amount of drivers in the region
  • Amount of off-street parking
  • Rate of crime

You'll be hard pressed to change any of these factors yourself, but they're worth considering when thinking about the purchase of a new policy or a move. Different cities and towns will each have different rates, so guides like these are a handy way to learn more.

How can I find the cheapest car insurance in Schenectady?

Familiarizing yourself with patterns in the average costs of drivers like you will give you a leg up in conversations with insurance companies. Ultimately, the only way to know exactly what your rate will be is by requesting a quote from those car insurance companies.

But hold on! Compare.com has you covered. Put in your ZIP Code below, answer a few questions, and you'll be comparing the cheapest quotes from dozens of car insurance companies offering coverage in Schenectady in no time.

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Schenectady Insurance FAQs

What factors affect car insurance quotes in Schenectady?

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

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

Auto insurance companies consider regional factors, such as crime rates, parking situations, and local laws into account when calculating the monthly rate for coverage. Since these can all vary from city to city the rates you may see can differ from neighboring areas.

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

There isn't one company that can guarantee the cheapest rate to everybody, since the rates they charge for coverage are calculated based off of factors that can vary from person to person, such as vehicle make and model, driving record, and number of drivers on the policy. By using sites like Compare.com to compare multiple quotes simultaneously, you can rest assured that you're getting the best price available.

Do I need to change my insurance if I move to Schenectady?

Whenever you relocate or experience another major life event, such as getting married or finding a new job, you should consider re-evaluating your current insurance policy. By using services like Compare.com to compare quotes from multiple companies at once, you can be sure to capture any new savings brought about by your new situation.

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 time, regardless of how long is left on your current policy. So, if you've recently moved to Schenectady or it's been a while since you last compared car insurance rates, you may want to take 10 minutes and see if Compare.com can save you money.

Find your best rate in just a few minutes