One of the more important things that are looked at to determine car insurance rates is where your residence is. Cities with larger populations or higher claim trends are more likely to pay higher prices, whereas areas that tend to be more rural have the benefit of cheaper car insurance.
The table below rates the most expensive places in New York for single moms to purchase auto insurance in. Buffalo is ranked #13 with the annual price of $1,488 for car insurance, which is around $124 monthly.
| Rank | City | Average Per Year |
|---|---|---|
| 1 | New York | $2,654 |
| 2 | Hempstead | $2,233 |
| 3 | Freeport | $2,213 |
| 4 | Levittown | $1,981 |
| 5 | Mount Vernon | $1,978 |
| 6 | Yonkers | $1,978 |
| 7 | West Babylon | $1,913 |
| 8 | Hicksville | $1,900 |
| 9 | Brentwood | $1,853 |
| 10 | Coram | $1,732 |
| 11 | White Plains | $1,678 |
| 12 | New Rochelle | $1,659 |
| 13 | Buffalo | $1,488 |
| 14 | Cheektowaga | $1,216 |
| 15 | Tonawanda | $1,213 |
| 16 | Niagara Falls | $1,201 |
| 17 | West Seneca | $1,201 |
| 18 | Utica | $1,125 |
| 19 | Syracuse | $1,097 |
| 20 | Troy | $1,085 |
| Compare Prices Now Go | ||
Premium amounts are comparative as specific Buffalo zip code can modify auto insurance rates significantly.
Figuring out which company quotes the most affordable auto insurance rates for single moms requires a bit more effort than just getting one or two price quotes. Every insurance company has a proprietary formula for determining prices, so we’ll go over the auto insurance companies that tend to have lower prices in New York.
Compare Cheap Insurance Quotes for Single Moms
| Rank | Company | Cost Per Year |
|---|---|---|
| 1 | USAA | $1,152 |
| 2 | Erie | $1,218 |
| 3 | Utica National | $1,489 |
| 4 | Progressive | $1,512 |
| 5 | Travelers | $1,575 |
| 6 | Allstate | $1,588 |
| 7 | Amica | $1,628 |
| 8 | MetLife | $1,636 |
| 9 | Preferred Mutual | $1,737 |
| 10 | New York Central Mutual | $1,836 |
| 11 | State Farm | $1,924 |
| 12 | GEICO | $1,926 |
| 13 | Safeco | $1,966 |
| 14 | Liberty Mutual | $2,005 |
| 15 | Central Mutual | $2,008 |
| 16 | Hanover | $2,369 |
| 17 | Encompass | $2,583 |
| 18 | Nationwide | $3,054 |
| 19 | Mercury | $3,965 |
| 20 | 21st Century | $4,324 |
| Find Your Rate Go | ||
USAA generally has some of the cheapest car insurance rates in Buffalo at around $1,152 a year. This is $923 less than the average rate paid by New York drivers of $2,075. Erie, Utica National, Progressive, and Travelers also make the cut as some of the best Buffalo, NY auto insurance companies.
In the rate table above, if you currently buy coverage from Progressive and switched to Erie, you could realize an annual premium reduction of approximately $294. Insureds with Travelers may save as much as $357 a year, and Allstate customers might lower prices by $370 a year.
To find out how your current rates compare, click here to start a quote or quote rates from the companies below.
Remember that these policy prices are averaged across all drivers and vehicles in New York and are not factoring in a specific zip code for single moms. So the auto insurance company that is most affordable for your situation may not even be in the list above. That illustrates why you need to quote rates from as many companies as possible using your own specific driver information and vehicle.
Rate difference between full and liability-only coverage
Reducing the cost of auto insurance is important to most drivers, and one of the easiest ways to save on the cost of insurance for single moms is to buy only liability coverage. The illustration below shows the difference between insurance prices with and without physical damage coverage. The premiums are based on no claims or violations, $500 deductibles, single status, and no discounts are applied.
If the expense is averaged for all age categories, comprehensive and collision coverage on your policy costs an additional $1,671 per year over having just liability coverage. At some point, about every driver wonders when is it safe to stop buying full coverage. There is no exact rule of when to eliminate physical damage insurance, but there is a general guideline. If the annual cost of coverage is more than 10% of the vehicle’s replacement cost less your deductible, then it might be time to consider dropping full coverage.
For example, let’s assume your vehicle’s settlement value is $5,500 and you have $1,000 policy deductibles. If your vehicle is damaged in an accident, the most your company will settle for is $4,500 after paying your deductible. If you are currently paying more than $450 a year for physical damage coverage, then it might be time to consider dropping full coverage.
How to get discounts on Buffalo auto insurance rates
Auto insurance companies that offer coverage for single moms may provide price discounts that can reduce rates by 40% or more if you qualify. Large auto insurance companies and a summarized list of policyholder discounts are included below.
- State Farm may offer discounts for Drive Safe & Save, multiple autos, defensive driving training, anti-theft, and passive restraint.
- American Family may have discounts that include early bird, mySafetyValet, good student, defensive driver, TimeAway discount, and accident-free.
- AAA policyholders can earn discounts including multi-car, AAA membership discount, good driver, anti-theft, multi-policy, education and occupation, and pay-in-full.
- GEICO has discounts for daytime running lights, multi-vehicle, anti-lock brakes, military active duty, anti-theft, and federal employee.
- Mercury Insurance offers premium reductions for good student, multi-policy, location of vehicle, annual mileage, and anti-theft.
- Farmers Insurance offers discounts including mature driver, distant student, homeowner, good student, business and professional, pay in full, and alternative fuel.
- Progressive discounts include homeowner, online signing, good student, multi-vehicle, continuous coverage, online quote discount, and multi-policy.
The example below illustrates the comparison of car insurance costs with and without discounts being applied to the rates. The price estimates are based on a male driver, no violations or claims, New York state minimum liability limits, comp and collision included, and $500 deductibles.
The first bar for each age group shows premium with no discounts. The second shows the rates with multiple policy, anti-theft, homeowner, safe-driver, passive restraint, and marriage discounts applied. When these discounts are applied, theamount saved on auto insurance for single moms is 28% or $345.
How to find low-cost auto insurance for single moms
Here are some of the recommended money-saving suggestions that can help drivers quote more affordable coverage.
- Too many claims can make car insurance unaffordable
- Be a safe driver
- Buy a safer vehicle
- Avoid at-fault accidents and claims
- Bundle home and auto and earn a discount
- Compare quotes from other companies often
The last suggestion is extraordinarily crucial, as was emphasized in this write-up. Prices in Buffalo can change considerably in a year, so don’t be unwilling to buy from a new company if a lower price can be found. Having a favorite company is great, but it’s not a good idea if that loyalty results in overpaying a wad of cash every year. If you have a few minutes, compare prices and find cheaper auto insurance for single moms.