Auto repair cost in the state ranked third highest in U.S.
New York drivers paid an average of $1,935 for personal auto insurance in 2024, making it the fourth-most expensive state in the nation and representing a record high for New York, according to a new report from the Insurance Information Institute.
The average premium increased from $1,753 in 2023, meaning New York households allocated 2.23% of median household income to auto insurance last year, up from 2.15% the previous year. The national average was 1.59% of median household income in 2023.
New York ranked third highest nationally in auto
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