Schenectady Car Insurance

How much does car insurance cost in Schenectady, NY? Check out the average rates that drivers pay below.

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What Is the Average Cost of Car Insurance in Schenectady?

Monthly Average Rates by Country, State, and City

Car insurance rates vary from driver to driver and are based on many factors that include driving history, claims history and where you live. Each city in New York has different rates, and below, you can compare average rates with the national average. According to our data, drivers who live in Schenectady typically pay around $111.53 per month compared to the national average of $145.18 per month. The best way to get a low rate is by comparison shopping. SmartFinancial can do that for you at no cost while pairing you with a reputable insurance company so you have no surprises if you have an accident.

AreaAverage Monthly Rate
National $145.18
New York $205.63
Schenectady, New York $111.53

Schenectady, NY Best Car Insurance Companies

car insurance in Schenectady

Certain insurers will offer you better rates than others based on a myriad of factors, so you may get a better deal from one insurer over another for various reasons, and that’s why it’s important to compare. According to our data, New York Central Mutual Fire generally has the most affordable car insurance in Schenectady coming in around $76.15 per month. Other companies to consider if you live in Schenectady is Erie with an average cost of $107.38 per month and USAA which typically runs around $112.17 per month. Check out the full list below. SmartFinancial rates the following insurers as the best insurance companies for drivers in Schenectady.

RankCompanyAverage Monthly RateComparison State Average
1 New York Central Mutual Fire $76.15-62.97%
2 Erie $107.38-47.78%
3 USAA $112.17-45.45%
4 State Farm $127.77-37.87%
5 Travelers $128.00-37.75%
6 Nationwide $129.20-37.17%
7 Tower Insurance Company of New York $154.47-24.88%
8 Preferred Mutual $160.06-22.16%
9 Allstate $166.04-19.26%
10 Safeco $169.33-17.65%

How Much is Car Insurance in Schenectady, NY?

how much is auto insurance in Schenectady

Rates can vary from city to city. The residents of Albany typically pay $117.10 per month while people who live in Bronx will pay $272.98 per month on average. See what people pay for car insurance in other cities in New York.

New York CitiesMonthly Average Rate
Albany $117.10
Buffalo $142.08
Great Neck$162.64
New York $225.74
Port Washington$152.33
Rochester $106.68
Schenectady $111.69
Staten Island$212.91
Syracuse $121.34
White Plains $134.07

Cheap Car Insurance in Schenectady by Zip Codes

find cheap auto insurance in Schenectady

Every zip code rates differently with every insurer. Your zip code determines the crime rate in your area as well as other risks. Below, you can see how average rates range across the state of New York. If you live in an area that is rated high in crime, you can make sure to garage your car in a safe place. That ought to save you some money. Covered and gated structures are best. Make sure to tell your insurance agent about the precautions you’re taking.

Schenectady, NY ZIP CodeAverage Monthly Rate

Car Insurance Rates by Driver's Age Group in Schenectady

Generally speaking, you pay more in car insurance the younger you are and the older you are. Teens and young adults often pay around $181.30 per month in Schenectady. Compare that to drivers in their 30’s who typically pay around $131.29 per month drivers in their 40s at $87.98 per month. It’s always a good idea to check for discounts that apply at any age. Some discounts include away-at-school discount, safe driver discount, mature driver discount, good student discount as well as multi-policy and bundling discounts.

Age GroupAverage Monthly Rate

Cheapest Insurance for Teenage Drivers in Schenectady

If you are teen in Schenectady you are probably looking for a good deal on car insurance. Since teenage drivers typically pay the highest rates of any other age group, it’s important to compare multiple companies. According to our research, New York Central Mutual Fire typically charges around $128.03 per month. This is likely the most affordable option in Schenectady. You might also want to consider Erie and Safeco who also offer good affordable policies for teen drivers.

CompanyAverage Monthly Rate
New York Central Mutual Fire$128.03
Tower Insurance Company of New York$223.47

Cheapest Insurance for 20 Year-olds in Schenectady

20 year-olds in Schenectady might want to consider New York Central Mutual Fire who, on average, offers car insurance rates around $88.34 per month. Erie , USAA , State Farm and Nationwide are also in the top 5 cheapest rates available.

CompanyAverage Monthly Rate
New York Central Mutual Fire$88.34
State Farm$162.62

Cheapest Insurance for 30 Year-olds in Schenectady

If you are in your 30s in Schenectady our research has found that New York Central Mutual Fire typically has the most affordable coverage coming in around $75.95 per month, followed by USAA at $104.92 and Travelers at $106.80.

CompanyAverage Monthly Rate
New York Central Mutual Fire$75.95
State Farm$119.17

Cheapest Insurance for 40 Year-olds in Schenectady

On average, New York Central Mutual Fire offers car insurance for 40 year-olds in Schenectady for around $66.77 per month. If you are looking for affordable coverage, you may also want to consider USAA or Erie. The full list of top companies is below.

CompanyAverage Monthly Rate
New York Central Mutual Fire$66.77

Cheapest Insurance for 50 Year-olds in Schenectady

Oftentimes 50 year-olds enjoy some of the lowest rates of any other age group. In Schenectady we found that New York Central Mutual Fire generally offers the most affordable coverage at $63.17 per month.

CompanyAverage Monthly Rate
New York Central Mutual Fire$63.17

Cheapest Insurance for 60 Year-olds in Schenectady

If you live in Schenectady and you’re in your 60s, our data indicates that New York Central Mutual Fire usually has the best rates at $59.98 per month. The top 5 list of car insurance companies is below.

CompanyAverage Monthly Rate
New York Central Mutual Fire$59.98
State Farm$90.51

Driver's Coverage Auto Insurance Rates in Schenectady, NY

driver's coverage

Typically, drivers who currently have car insurance coverage will receive a cheaper monthly quote than drivers who do not. Since car insurance is a requirement in all 50 states, companies may question why you don't currently have coverage. Because of this, they may see you as a higher risk driver. In Schenectady, the average monthly rate for a driver who is currently insured is $115.59 while drivers who are not currently covered will pay around $107.24.

CoverageAverage Monthly Rate
Not Currently Insured $107.24
Currently Insured $115.59

Compare Recent Car Insurance Quotes in Schenectady

auto insurance quotes in Schenectady city

Your vehicle plays a big part in how you rate for car insurance. The more your car is worth, the higher your car insurance rate. To lower your monthly premiums, you can set a higher deductible, but you’ll need to pay that deductible if you have an accident. Generally speaking, the newer a car is, the more it’s worth, and you may pay more in premiums, but the latest safety features will earn you a discount. The overall safety ratings of a car are also considered when determining your rate. In Schenectady a driver of a 2019 Mazda CX-5 can expect to pay around $90.10 per month while someone that owns a 2017 Infiniti Q60 may pay around $127.93 per month. Check out the list of recent quotes in Schenectady below.

VehicleAverage Monthly Rate
2019 Mazda CX-5$90.10
2017 Infiniti Q60$127.93
2016 Ford Fusion$77.43
2018 Dodge Grand Caravan$113.66
2007 Lincoln MKZ$92.40
2016 Bmw 328$106.47
2023 Hyundai Elantra N$200.25
2024 Chevrolet Trax$360.02
2023 Kia Forte$89.43
2006 Bmw X3$130.13

FAQ's for Drivers in Schenectady, NY

driver’s frequently asked question in Schenectady

What Is the Minimum Liability Coverage Requirement in Schenectady, NY?

Every state requires drivers to have a minimum amount of liability coverage. New York drivers are required to carry liability insurance to pay for damages and injuries inflicted on someone else in an auto accident.

  • $25,000; Bodily injury coverage per person; Minimum coverage for serious or permanent injury to a single person
  • $50,000; Death liability coverage per person; Minimum coverage for death for a person involved in an accident
  • $10,000; Property damage liability per accident; Minimum payment for damaged property in an accident caused by you

In New York, you must have state-issued auto liability insurance coverage to register your vehicle. If you fail to continuously maintain this coverage, the Department of Motor Vehicles can suspend your driver’s license and registration.

The minimum amount of coverage is $10,000 for property damage, $25,000 for bodily injury and $50,000 for the accidental death of one person. For two or more people involved in an accident, you must carry $50,000 for bodily injury and $100,000 for death. New York also requires a minimum of $25,000 of uninsured motorist coverage.

What Is the Blood Alcohol Concentration (BAC) limit in Schenectady, NY?

It is against the law to operate a motor vehicle in New York with the following BAC percentages:

  • .08%+ at 21 years or older
  • .04%+ for commercial vehicle drivers
  • .02%+ at under 21 years old

There are different levels of DUI in New York State. For more information about New York’s DUI laws, refer to the New York Department of Motor Vehicles Alcohol and Other Drugs.

What happens if my coverage lapses?

If you experience a lapse in insurance coverage in New York State, your registration and/or driver’s license can be suspended. If you’re caught driving without insurance, you may be ticketed or arrested and your vehicle can be impounded.

Check Out Other Rates in Schenectady, NY Nearby Cities:

Albany, NY

Pittsfield, MA

Troy, NY


Commute Time in Schenectady, NY

22.3 Miles

Commute Time in United States

26.4 Miles

Number of Nearest Insurance Agents in Schenectady, NY


The statistics listed on this page are from our own in house reporting. We track and record quotes that carriers have provided based on various criteria. The rates and averages shown on this page should only be used as an estimate.

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