The words “affordable” and “insurance” probably shouldn’t be used in the same sentence, specifically when you are trying to find the lowest insurance rates for veterans. Because it’s not cheap, let’s teach you a few of the factors that can significantly affect insurance premiums, and see if you can take a little off the next policy you buy.
For veterans, one of the big things that aid in calculating the annual cost of car insurance is your zip code. Cities with larger populations tend to have higher auto insurance costs, whereas areas with less congestion have the benefit of cheaper car insurance.
The information below rates the most costly cities in New York for veterans to buy auto insurance in. Buffalo comes in at #13 with an annual premium of $1,503 for the average insured, which is approximately $125 each month.
| Rank | City | Annual Rate |
|---|---|---|
| 1 | New York | $2,708 |
| 2 | Freeport | $2,303 |
| 3 | Hempstead | $2,211 |
| 4 | Levittown | $1,981 |
| 5 | Mount Vernon | $1,978 |
| 6 | West Babylon | $1,932 |
| 7 | Brentwood | $1,929 |
| 8 | Yonkers | $1,900 |
| 9 | Hicksville | $1,900 |
| 10 | Coram | $1,784 |
| 11 | White Plains | $1,629 |
| 12 | New Rochelle | $1,627 |
| 13 | Buffalo | $1,503 |
| 14 | West Seneca | $1,225 |
| 15 | Cheektowaga | $1,216 |
| 16 | Tonawanda | $1,201 |
| 17 | Niagara Falls | $1,189 |
| 18 | Utica | $1,136 |
| 19 | Syracuse | $1,086 |
| 20 | Troy | $1,063 |
| Quote Best Rates Go | ||
Premium costs are estimated as vehicle location can decrease or increase premium rates significantly.
Buying cost effective car insurance is hard enough, and finding out which insurers offer the best insurance rates for veterans involves even more diligence.
Each company has a proprietary method for determining rates in each state, so let’s rank the most budget-friendly insurance companies in Buffalo. Keep in mind that Buffalo insurance rates are influenced by many factors that control the cost of having a policy. Price variation is why it is critical to spend some time comparing rates to find the most economical insurance quotes for veterans. Insurance rates can be determined by many things and change dramatically, so the most affordable company when you bought your policy may now be quite expensive.
Cheap Insurance Rates for Vets
| Rank | Company | Cost Per Year |
|---|---|---|
| 1 | USAA | $1,163 |
| 2 | Erie | $1,218 |
| 3 | Utica National | $1,534 |
| 4 | Allstate | $1,556 |
| 5 | Progressive | $1,558 |
| 6 | Travelers | $1,559 |
| 7 | MetLife | $1,620 |
| 8 | Amica | $1,628 |
| 9 | Preferred Mutual | $1,703 |
| 10 | New York Central Mutual | $1,818 |
| 11 | Safeco | $1,888 |
| 12 | State Farm | $1,904 |
| 13 | GEICO | $1,926 |
| 14 | Liberty Mutual | $2,026 |
| 15 | Central Mutual | $2,028 |
| 16 | Hanover | $2,323 |
| 17 | Encompass | $2,662 |
| 18 | Nationwide | $3,085 |
| 19 | Mercury | $3,926 |
| 20 | 21st Century | $4,412 |
| Get Personalized Rates Go | ||
USAA may offer some of the best car insurance rates in Buffalo at around $1,163 per year. Erie, Utica National, Allstate, and Progressive also qualify as some of the cheaper Buffalo, NY car insurance companies.
In the rate table above, if you have coverage with Allstate and switched to USAA, you may see an annual savings of roughly $393. Insureds with Progressive could save as much as $395 a year, and Travelers policyholders might reduce rates by $396 a year.
To see if your current coverage is too expensive, click here to begin a quote or click several companies below for low rates.
Bear in mind that those premium estimates are averaged across all drivers and vehicles in New York and do not factor in an exact zip code location for veterans. So the insurer that fits you best may not even be in the top 20 companies in the list above. That helps illustrate why you need to get rate quotes from many companies using your own personal information and vehicle type.
The vehicle model on the policy is one of the biggest factors when looking for low-priced insurance for veterans. Vehicles with more horsepower, poor safety ratings, or high incidents of liability claims will cost more to insure than more modest models. The list below showcases coverage premiums for a handful of the most budget-friendly automobiles to insure.
| Make and Model | Estimated Cost for Full Coverage |
|---|---|
| Honda CR-V EX 2WD | $2,060 |
| Ford Escape Limited 4WD | $2,236 |
| Dodge Grand Caravan SXT | $2,487 |
| Ford F-150 Lariat Super Cab 4WD | $2,492 |
| Dodge Ram 3500 Crew Cab Laramie 2WD | $2,487 |
| Ford Focus SEL 4-Dr Sedan | $2,519 |
| Hyundai Elantra GLS Touring Station Wagon | $2,526 |
| Volkswagen Jetta S 2.5 Station Wagon | $2,562 |
| Nissan Altima 2.5 S 4-Dr Sedan | $2,568 |
| Honda Odyssey LX | $2,597 |
| Chevrolet Silverado LT Crew Cab 4WD | $2,614 |
| Toyota Corolla XRS | $2,624 |
| Nissan Rogue S AWD | $2,620 |
| Compare Cheap Rates Go | |
Data assumes single female driver age 30, no speeding tickets, no at-fault accidents, $1,000 deductibles, and New York minimum liability limits. Discounts applied include multi-policy, claim-free, multi-vehicle, homeowner, and safe-driver. Rate quotes do not factor in specific garaging location which can decrease or increase auto insurance rates substantially.
Based upon the rates shown, you can infer that makes and models like the Honda CR-V, Ford Escape, Dodge Grand Caravan, and Ford F-150 will be some of the most budget-friendly vehicles to insure for veterans.
Choosing the right auto insurance company can be rather challenging considering how many companies provide coverage in Buffalo. The company information in the lists below can help you pick which coverage providers to look at when comparing rate quotes.
These rankings only include companies that write coverage in many states, so companies that may only write in New York will not be included in these rankings. If you would like to check rates from these companies and more, follow this link.
Top 10 Major Auto Insurers in Buffalo Ranked by Value
- The General
- Erie Insurance
- The Hartford
- Mercury Insurance
- Farmers Insurance
- 21st Century
- Safeco Insurance
- AAA Insurance
- State Farm
- Travelers
Top 10 Major Auto Insurers in Buffalo Ranked by A.M. Best Rating
- USAA – A++
- GEICO – A++
- Travelers – A++
- State Farm – A++
- Allstate – A+
- Nationwide – A+
- Esurance – A+
- Erie Insurance – A+
- Progressive – A+
- Mercury Insurance – A+
Get discounts on Buffalo insurance
Insurance providers that offer quotes for veterans may additionally offer rate discounts that could lower prices by as much as 35% if you meet certain criteria. The best insurance companies and a summarized list of policyholder discounts include:
- Travelers policyholders can earn discounts including new car, multi-policy, hybrid/electric vehicle, driver training, payment discounts, multi-car, and good student.
- 21st Century offers discounts for anti-lock brakes, good student, teen driver, defensive driver, air bags, and early bird.
- State Farm may have discounts that include good student, defensive driving training, driver’s education, multiple autos, and student away at school.
- GEICO has discounts for military active duty, good student, driver training, anti-theft, and multi-policy.
- SAFECO offers premium reductions for anti-theft, accident prevention training, teen safe driver, teen safety rewards, and bundle discounts.
- AAA has savings for multi-car, anti-theft, pay-in-full, good student, good driver, education and occupation, and multi-policy.
The chart below compares insurance premiums with and without discounts being applied to the rates. The premium estimates are based on a male driver, no accidents or driving violations, New York state minimum liability limits, comprehensive and collision coverage, and $1,000 deductibles.
The first bar for each age group shows the average rate with no discounts. The second shows the rates with safe-driver, multiple policy, multiple vehicle, passive restraint, defensive driving course, and vehicle safety discounts applied. When drivers take advantage of discounts, theaverage amount saved on insurance for veterans is 28% or $334.
Shop around and save
New York insurance rates are based on many factors that will increase or decrease the price you have to pay for coverage. Simply having a birthday, buying a new vehicle, or having an at-fault accident can trigger price changes that can make some companies more affordable than competitors. And not only may your rating factors change, but car insurance companies modify pricing every year to adjust for gains or losses. Larger than normal claims may result in a rate increase, while lower claims can cause more affordable Buffalo car insurance rates.
To illustrate this example, the chart below shows rates for the cheapest car insurance in Buffalo, NY for a 30-year-old female driver with no accidents, a clean driving record, and good financial standing. If we estimate prices based on her current rating profile, USAA may offer the most affordable car insurance rates in Buffalo at $1,876 annually. This is $199 less than the average policy premium paid by New York drivers of $2,075. Erie, Allstate, Utica National, and Progressive are the remainder of the most affordable Buffalo, NY auto insurance companies.
The example below compares rates after we give the driver from the first set of rates a couple of claims, a lower credit rating, and a couple of points charged on her driving record. Since each auto insurer has their own guidelines to determining premium rates, analyzing rate quotes may now result in a different list of cheap Buffalo auto insurance companies as shown below.
Amica now has the best insurance rate in Buffalo with MetLife, Erie, Preferred Mutual, and New York Central Mutual now being in the top five. This example demonstrates why Buffalo drivers need to perform an extensive rate comparison to get the most budget-friendly auto insurance quotes for veterans.
Auto insurance prices consist of many risk factors and can decrease or increase without notice, so the best option three years ago may now be one of the higher cost companies.
How to find more affordable car insurance for veterans
Here are some of the better penny-pinching solutions that can help you get cheaper car insurance.
- Drop full coverage on older vehicles
- Claim-free drivers earn discounts
- Better credit scores save money
- Increase deductibles to save money
- Buying car and homeowners insurance together can save money
- Buy safe vehicles
- Compare quotes from other companies often
The last tip in the list is remarkably vital, as we hit on in the prior article. Prices charged by auto insurers go up and down frequently, so don’t hesitate to switch to a new company if a better deal can be had.
Brand loyalty is great, but it’s not a good idea if that devotion results in you overpaying money that could be used for better things. It takes less than five minutes to compare prices to find cheaper car insurance for veterans in Buffalo.
The agents below can most likely provide answers to your questions and help you determine which car insurance policy is best, as some drivers aren’t sure which coverage they need and prefer to have a professional recommendation when comparing insurance rates for veterans. It can be hard to find the cheapest rates, so a professional agent can provide you peace of mind knowing your coverage gives you adequate asset protection. To locate an agency close to where you live, click the button below the list or click here to get price quotes now.
The Byrne Insurance Agency Inc
480 Abbott Rd – Buffalo, NY 14220 – (716) 825-4100
Merchants Insurance Co
85 Pearl St – Buffalo, NY 14202 – (716) 849-3287
State Insurance Fund
225 Oak St – Buffalo, NY 14203 – (716) 851-2000