Schenectady, NY Car Insurance

On average, Schenectady drivers pay a monthly average rate of around $120 for their car insurance. Check out our guide below to find out how much you'll pay.
How does Schenectady compare to the surrounding area and the rest of New York? What can Schenectady residents 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$198
United States$80

Car insurance coverage in Schenectady is about $78 cheaper than it is in the rest of New York.

That being said the expected monthly payments for an auto insurance policy in Schenectady are above the national average. It's about $40 more for coverage in Schenectady than in the rest of the U.S.

Although these are the average rates for auto insurance in Schenectady, it's important to remember that you could end up paying something different. The amount that insurance companies end up charging you is determined by a number of factors. The final dollar amount you'll be asked to pay each month is calculated off of your age, gender, vehicle make and model, driving record, and in some cases, your credit score.

We've analyzed the average rate for Schenectady and broken down the different factors to help you understand what your monthly bill might look like. If you think you might be overpaying for insurance in your area, 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$194
25-34$83
35-44$139
45-54$87
55-64$114
65+$65

It's pretty safe to assume that the older you are, the more experience you have as a driver. When it comes to car insurance rates, that experience can really pay off. According to the table above, you can see that 18-24-year-olds pay $129 more than someone who is at retirement age.

As you get older, you can expect to see a drop in your monthly premium every 10 years. Schenectady drivers may see their rates creep back up once they hit retirement.

Average Car Insurance Rates by Gender

Gender Average
Male$118
Female$122

Although women typically pay less than men do to insure their car, this is not the case in Schenectady, where female drivers pay around $122 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 TicketNot Enough Data
Multiple Tickets$109

Your rates can vary wildly depending on your driving record. Those with fewer accidents and tickets will pay significantly less than those with multiple infractions, while those with clean driving records will obviously pay the least. In Schenectady, drivers with one accident on their record will experience rates around $102 a month.

When it comes to your monthly premium, accidents, tickets, and other driving infractions can really take a toll. So, if you're looking for cheap car insurance, drive carefully and keep a clean record.

Average Insurance Rates by Vehicle

Vehicle Age Average Monthly Premium
Less Than 1 Year$135
2-3 Years$159
4-5 Years$122
6-7 Years$77
8-10 Years$177
11-14 Years$92
15 Years or Older$111

If you look at the first table above, the cheapest vehicles to insure in Schenectady are usually SUVs, at $94 per month.

Car owners, on the other hand, typically pay around $130 a month, while truck and van drivers can expect to pay about $107 per month for auto insurance.

Depending on how old your vehicle is, you can also expect to see slightly different rates. Newer vehicles are generally going to be the most expensive to insure. Once your car is close to 5 years old, however, you may see your rates begin to 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)$127
Married$77
Divorced$108
Widowed$64

Generally, those who have settled down into marriage will pay slightly less for car insurance coverage. This usually boils down to owners having multiple vehicles on the same policy, something many companies award special discounts for.

On a national scale, single drivers typically pay more than married couples do for auto insurance. Schenectady is no exception, with the difference totaling to around $50 a month.

Average Car Insurance Rates by Housing Situation

Housing Status Average Monthly Premium
Own$143
Rent$107
Live with parents$121

Your living accommodations is another component of how insurance companies calculate your monthly rate. Renters can expect to pay around $36 a month less than homeowners in Schenectady. Those who live with their parents, however, can expect to pay a lot more.

Bundling your home or rental insurance with your auto insurance can oftentimes reduce your car insurance premiums, depending on your insurance company.

Car Insurance Companies in Schenectady, NY

Recent trends in car insurance for Schenectady drivers

Given that average rates are often changing, it's a smart move to know the direction your area is trending when choosing your car insurance policy.

The rates for auto insurance in Schenectady went up from 2016-2017, and rose again, from 2019-2020. They finished down in 2021, at $92 a month.

How does Schenectady compare to neighboring areas?

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

When considering how much to charge for a monthly rate, car insurance companies will consider numerous factors. While we already talked about the ones that affect your personal policy, others are based around where you live. These include things like:

  • Frequency of car accidents
  • Off-street parking accessibility
  • Prevalence of crime
  • Area regulations
  • Number of drivers

It's good to be aware of these factors (even though you may not be able to do much to influence them) as you shop for a new policy or consider relocating. 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?

While understanding what the average costs are for drivers like you can be helpful as you get an idea of what you might end up paying, the only way to know exactly what your rate will be is by requesting a quote from 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 a number of the car insurance companies offering auto coverage in Schenectady in no time.

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Schenectady Insurance FAQs

What factors affect car insurance quotes in Schenectady?

Car insurance companies calculate quotes based on a wide array of factors. These include things you can't control like your age and gender but also factors like your address, driving record, marital status, credit score, plus your vehicle's year and make and model.

Why is the cost of car insurance in Schenectady 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 crime rates, parking situations, and local laws when calculating your quote -- all of which can change from city to city.

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

No one insurance company is guaranteed to offer the cheapest rate across the board. Since companies base their rates on factors that differ from person to person, such as driving record, number of drivers on the policy, vehicle make and model, and many more, 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 Schenectady?

Whenever you relocate or experience another major life event, such as finding a new job or getting married, you should consider revisiting your current insurance policy. Using services like Compare.com to compare quotes from multiple companies at once is a great way to make sure you're getting the cheapest rate for your new location.

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

No. In fact, you can swap companies at any point, regardless of how much time is left on your current coverage. So, whether you're moving to Schenectady or just curious about rates in your area, why not take 10 minutes to see if Compare.com can save you money?

Find your best rate in just a few minutes