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Kristine Lee

Insurance Analyst

Credentials
  • Licensed Insurance Agent — Property and Casualty
  • 4+ years of Experience in the Insurance Industry

Kristine is a licensed insurance agent who joined The Zebra in 2019 as an in-house content researcher and writer. Before joining The Zebra, she was a…

How much does car insurance cost in Albany?

The typical Albany driver pays $664 per six-month policy for car insurance. That's less expensive than the average rate in New York ($852) and less expensive than the national average of $880. Continue reading to see how much you can expect to pay for insurance based on age, credit score, and other factors in Albany. Read on to learn more!

 

Car insurance in Albany vs. New York Average 6 Mo. Premium
Albany average $664
New York average $852

The Zebra's key takeaways about car insurance in Albany:

  • The average cost of a car insurance policy in Albany is $664 per six-month policy — $110 per month.
  • The cheapest company in Albany is GEICO ($599).
  • 31% of Zebra customers in Albany stated they used our product because they were paying too much for car insurance with their current provider.

Are you paying too much for auto insurance?

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Albany car insurance rates by company

Getting quotes from many different companies is the best way to find good coverage at a price that fits your budget. For a typical insurance customer, GEICO provides Albany's cheapest rates. See below the best companies for cheap auto insurance in Albany. Use this information as a starting point and be sure to compare quotes specific to your unique driving profile.

Cheapest car insurance companies in Albany, NY
Company Avg. 6 Mo. Premium
GEICO $599
State Farm $645
NYCM Insurance $645
Progressive $679
Allstate $870

The Zebra’s auto insurance data methodology

The auto insurance rates published in this guide are based on The Zebra’s annual analysis of average car insurance premiums in every U.S. ZIP code. This data comes to us from Quadrant Information Services, which sources the latest approved rate filings across carriers in each state from S&P Global. Quadrant then uses an internal QA process to validate the information and build reports before the data is queried and analyzed by The Zebra.

Rates are based on a sample driver profile — a 30-year-old single male driver with a Honda Accord and full coverage at these levels:

  • $50,000 per person/$100,000 per incident for bodily injury liability
  • $50,000 per incident for property damage liability
  • $500 deductibles for collision and comprehensive coverage

To provide insight to consumers on how specific personal factors (like age, location and coverage level) can affect your premium, this base profile is then adjusted for different factors commonly used by insurance companies. For more information, see our full data methodology.


Shop around for the best rates


The only way to know which company has the cheapest coverage for you is to compare. Our comparison will do the leg work for you. Enter your ZIP code to see rates from Progressive, State Farm, GEICO and USAA (+ other top companies) to find the best and cheapest car insurance in Albany.

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Albany auto insurance rates by age

Our data shows that drivers between the ages of 20-29 make up 46% of Albany drivers. The age bracket that pays the least for auto insurance in Albany consists of drivers in their 50s, who pay an average of $628. Drivers in their 60s pay marginally higher rates — $644 per six-month policy.

The Albany drivers who pay the highest insurance rates are teenagers. When drivers hit their 20s in Albany and move out of the teenage age bracket, they reduce their premiums substantially. The difference in rates paid by teenage drivers and drivers in their 20s in Albany is $2,118, the largest such difference between any two age groups.

Albany auto insurance costs by age
Age bracket Avg. 6 Mo. Premium
Teenagers $1,911
20s $852
30s $673
40s $664
50s $628
60s $644
70s $735

Albany car insurance rates by credit score

An important insurance rating factor in most states is credit. Drivers with checkered credit histories typically face higher car insurance rates than drivers with good credit. In Albany, an improvement in credit score from the "Very Poor" tier (300-579) to the "Exceptional" tier (800-850) corresponds to a 58% drop in car insurance costs. Moving into the "Fair" credit tier from the "Very Poor" level is one of the most impactful steps a driver can take in pursuit of better car insurance rates. In Albany, improving your credit to "Fair" corresponds with a $376 decrease in six-month car insurance rates. Our data tells us 37% of drivers in Albany have a credit score of average (580-679). 

credit score
Albany auto insurance costs by credit level
Credit Tier Avg. 6 Mo. Premium
Very Poor $1,418
Fair $1,042
Good $840
Very Good $700
Exceptional $592

Albany car insurance rates by violation

No matter where you live, avoiding accidents and violations is the best way to keep your auto insurance rates low. Speeding tickets, reckless driving citations, DUIs and DWIs, and at-fault accidents all can trigger insurance rate hikes.

Albany drivers found guilty of reckless driving pay a steep price when it comes to auto insurance, facing a rate increase of $700 per year versus the city average. A ticket for speeding results in a $306 rate hike while a DWI or DUI violation costs $805 per year in extra insurance expenditures.

 

 

Albany auto insurance rates after a violation
Incident Avg. 6 Mo. Premium
DWI/DUI $1,067
Reckless Driving $1,014
At-fault Accident (damages less than $1,000) $685
At-fault Accident (damages > $2,000) $905
Speeding Ticket (16-20 mph over speed limit) $817

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About The Zebra

The Zebra is not an insurance company. We publish data-backed, expert-reviewed resources to help consumers make more informed insurance decisions.

  • The Zebra’s insurance content is written and reviewed for accuracy by licensed insurance agents.
  • The Zebra’s insurance editorial content is not subject to review or alteration by insurance companies or partners.
  • The Zebra’s editorial team operates independently of the company’s partnerships and commercialization interests, publishing unbiased information for consumer benefit.
  • The auto insurance rates published on The Zebra’s pages are based on a comprehensive analysis of car insurance pricing data, evaluating more than 83 million insurance rates from across the United States.