After a few driving violations, one of the big factors that are looked at to determine the amount you pay for auto insurance is the neighborhood you call home. Cities with larger populations or higher claim trends will most likely pay more, whereas areas that tend to be more rural have the luxury of lower rates.
The table below lists the most expensive cities in New York with multiple speeding tickets to buy car insurance in. Buffalo is ranked at #13 with an annual rate of $1,503 for the average policy, which is around $125 monthly.
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Premium amounts are estimated as the specific garaging location can modify premiums considerably.
The vehicle driven is a significant factor when shopping around for cheap car insurance with multiple speeding tickets. Vehicles with average performance, modern passenger safety features, or a positive history of liability claims will cost substantially less to insure than fast, unsafe models. The list below outlines coverage rates for the most cost-effective vehicles to buy coverage for.
|Make and Model||Estimated Cost for Full Coverage|
|Hyundai Elantra GLS Touring Station Wagon||$3,007|
|Honda Accord LX-P 4-Dr Sedan||$3,016|
|Ford Escape XLS 2WD||$3,323|
|Ford Explorer XLT AWD||$3,369|
|Chevrolet Malibu Hybrid||$3,564|
|Honda CR-V EX-L 2WD||$3,577|
|Toyota Tacoma Double Cab TRD Off-Road Package 4WD||$3,630|
|Toyota Corolla S||$3,758|
|Hyundai Sonata GLS 4-Dr Sedan||$3,817|
|GMC Sierra SL Crew Cab 2WD||$3,824|
|Chevrolet Equinox LTZ AWD||$3,831|
|Ford Edge Limited 2WD||$3,860|
|Volkswagen Jetta SE 2.5 Station Wagon||$3,900|
|Dodge Grand Caravan SE||$3,910|
|Jeep Wrangler Unlimited Sport 2WD 4-Dr||$3,972|
|Ford F-150 XL Crew Cab 4WD||$3,992|
|Toyota Camry Hybrid||$4,077|
|Toyota RAV4 4WD||$4,137|
|Jeep Grand Cherokee Limited 2WD||$4,222|
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Data assumes single female driver age 50, two speeding tickets, no at-fault accidents, $1,000 deductibles, and New York minimum liability limits. Discounts applied include multi-policy, claim-free, homeowner, and multi-vehicle. Price information does not factor in specific location which can change rates substantially.
Based upon the rates shown, we can assume that vehicles like the Hyundai Elantra, Honda Accord, Ford Escape, and Toyota Prius are the most economical vehicles to insure after a few driving violations.
Rate comparison of full coverage and liability-only
Reducing premiums for auto insurance is the goal of most drivers, and a great way to find cheap insurance with multiple speeding tickets is to only buy liability coverage. The information below shows the comparison of insurance costs with liability coverage only compared to full coverage. The information is based on no claims or violations, $500 deductibles, single marital status, and no additional discounts are factored in.
On average, physical damage coverage costs an additional $1,253 per year over and above liability only. That amount may make you wonder if buying full coverage is a good investment. There isn’t a written rule of when to eliminate full coverage on your policy, but there is a guideline you can consider. If the annual cost of coverage is more than around 10% of any settlement you would receive from your insurance company, then it could be time to drop full coverage.
Responsible drivers pay cheaper Buffalo auto insurance rates
In a perfect world, the best way to obtain the most affordable auto insurance rates after a few driving violations is to be a good driver and not get tickets or have accidents. The diagram below shows how violations and fender-benders can drive up insurance rates for different insured age categories. The price estimates are based on a single male driver, comp and collision included, $100 deductibles, and no discounts are taken into consideration.
The data in the chart shows the average cost of auto insurance in Buffalo per year with a clean driving record and no accidents is $2,038. Add in one speeding ticket and the average cost jumps to $2,295, an increase of $257 each year. Now throw in two accidents along with the one speeding ticket and the 12-month cost of auto insurance with multiple speeding tickets goes up to an average of $4,469. That’s an increase of $2,431, or $203 per month, just for not being more responsible behind the wheel!
Why you should be comparing rates
New York auto insurance rates are calculated based on many things which can substantially decrease or increase the price you have to pay. Simply having a birthday, buying a different home, or getting a speeding ticket may cause policy rate changes that can cause some rates to be cheaper than competitors. Not only may your situation change, but companies amend pricing without warning in order to offset underwriting gains or losses. Significantly higher claims can result in price increases, while better underwriting may cause lower-priced Buffalo car insurance rates.
The chart below shows the company with the cheapest car insurance in Buffalo, NY for a 40-year-old female driver with no violations or accidents, and solid credit. When quoting prices based on her current rating profile, USAA has the lowest car insurance rates in Buffalo at $1,916 per year. This is $159 less than the average rate paid by New York drivers of $2,075. Erie, Utica National, Progressive, and Travelers round out the rest of the cheapest Buffalo, NY auto insurance companies.
Now we will pretend the driver from the above example an accident claim, a lower credit score, and a blemish on her driving record. Because each company uses their own formula to set policy rates, comparing insurance quotes could result in a completely different list of the cheapest Buffalo car insurance companies as shown below.
MetLife now has the cheapest insurance rate in Buffalo with Amica, Preferred Mutual, Erie, and New York Central Mutual completing the list. This example illustrates why consumers need to take the time to shop around when trying to get the best auto insurance rates with multiple speeding tickets. Insurance prices are impacted by many different factors and change frequently, so the best company the last time you compared rates may now be quite expensive.
If you wish to have professional advice when trying to find the best insurance rates with multiple speeding tickets, the agencies below can help you make a decision which auto insurance policy fits you best. To find a Buffalo insurance agent close to where you live, click the button after the list.
- Hoch Insurance
2333 Elmwood Ave – Buffalo, NY 14217 – (716) 846-1715
- Nationwide Insurance: Kevin K Conley
2521 Niagara Falls Blvd – Buffalo, NY 14228 – (716) 691-4000
- Charles P Faso, Inc.
860 Englewood Ave – Kenmore, NY 14223 – (716) 877-1702
- The Cesar Group Inc
354 Cayuga Rd – Buffalo, NY 14225 – (716) 626-0066
- Buffalo Queen City Insurance Agency
26 French Lea Rd – Buffalo, NY 14224 – (716) 608-6047