Finding reliable, affordable insurance is confusing at best, and finding out which companies have the best auto insurance rates for drivers under 21 involves even more shopping around.
Every auto insurer uses a different method to determine rates, so we need to take a look at the auto insurance companies that tend to have lower prices in Buffalo. We do need to point out that New York auto insurance rates are influenced by many factors that will increase or decrease the cost of your policy. Simply getting older, increasing liability limits, or getting into an accident may prompt premium changes that can make some companies higher-priced than the competition.
Best Auto Insurance Prices for Minors
| Rank | Company | Cost Per Year |
|---|---|---|
| 1 | USAA | $1,187 |
| 2 | Erie | $1,205 |
| 3 | Travelers | $1,513 |
| 4 | Utica National | $1,534 |
| 5 | Progressive | $1,542 |
| 6 | Allstate | $1,556 |
| 7 | Amica | $1,596 |
| 8 | MetLife | $1,620 |
| 9 | Preferred Mutual | $1,686 |
| 10 | New York Central Mutual | $1,818 |
| 11 | GEICO | $1,850 |
| 12 | Safeco | $1,888 |
| 13 | State Farm | $1,904 |
| 14 | Central Mutual | $1,948 |
| 15 | Liberty Mutual | $2,066 |
| 16 | Hanover | $2,369 |
| 17 | Encompass | $2,662 |
| 18 | Nationwide | $3,054 |
| 19 | Mercury | $3,848 |
| 20 | 21st Century | $4,281 |
| Compare Rates Now Go | ||
USAA may have some of the best car insurance rates in Buffalo at around $1,187 a year. Erie, Travelers, Utica National, and Progressive also make the cut as some of the best Buffalo, NY insurance companies.
In the above example, if you currently have coverage with Utica National and switched to USAA, you could realize annual savings of upwards of $347. Customers with Progressive may save as much as $355 a year, and Allstate policyholders might lower prices by $369 a year.
If you want to see how much you could save, click here to get quotes or visit any of the low-priced companies below.
These prices are averages across all drivers and vehicles in New York and do not factor in an exact location for drivers under 21. So the auto insurance company that has the cheapest price for you may not even be in the list above. That underscores the importance of why you need to get auto insurance quotes using your own personal information and vehicle type.
For minors, one of the more important criteria that help determine the cost of insurance is where you live. More densely populated places will most likely have higher rates, whereas areas that tend to be more rural get the luxury of paying less.
The information below sorts the most expensive areas in New York for drivers under 21 to purchase a policy in. Buffalo is ranked #13 with an annual premium of $1,488 for the average policy, which is around $124 each month.
| Rank | City | Average Per Year |
|---|---|---|
| 1 | New York | $2,654 |
| 2 | Freeport | $2,213 |
| 3 | Hempstead | $2,211 |
| 4 | Levittown | $2,041 |
| 5 | Yonkers | $1,958 |
| 6 | Mount Vernon | $1,938 |
| 7 | West Babylon | $1,913 |
| 8 | Brentwood | $1,910 |
| 9 | Hicksville | $1,862 |
| 10 | Coram | $1,784 |
| 11 | White Plains | $1,612 |
| 12 | New Rochelle | $1,610 |
| 13 | Buffalo | $1,488 |
| 14 | Cheektowaga | $1,216 |
| 15 | West Seneca | $1,189 |
| 16 | Niagara Falls | $1,189 |
| 17 | Tonawanda | $1,165 |
| 18 | Syracuse | $1,119 |
| 19 | Utica | $1,092 |
| 20 | Troy | $1,085 |
| Compare Prices Now Go | ||
Rates are comparative as the vehicle garaging location can change coverage rates considerably.
Get discount Buffalo car insurance rates
Insurance providers that provide policies for drivers under 21 may additionally offer rate discounts that may potentially lower prices by as much as 30% if you are eligible. A list of auto insurance companies and a summarized list of policyholder discounts are outlined below.
- Farmers Insurance has discounts for electronic funds transfer, alternative fuel, business and professional, bundle discounts, switch companies, multi-car, and good student.
- Esurance offers discounts including homeowner, defensive driver, anti-theft, good student, and multi-policy.
- State Farm may include discounts for good driver, passive restraint, safe vehicle, accident-free, anti-theft, defensive driving training, and student away at school.
- GEICO discounts include military active duty, emergency military deployment, air bags, anti-theft, and defensive driver.
- Allstate may offer discounts for new car, multi-policy, senior citizen, anti-theft, and auto/life discount.
The information below compares premium costs with and without discounts applied to the rates. The prices are based on a male driver, no violations or accidents, New York state minimum liability limits, full physical damage coverage, and $250 deductibles. The first bar for each age group shows the average annual price with no discounts. The second shows the rates with anti-theft, continuous coverage, vehicle safety, passive restraint, paperless filing, and paid-in-full discounts applied. When drivers take advantage of discounts, theaverage amount saved on auto insurance for drivers under 21 is 18% or $281.
The illustration below illustrates how choosing a deductible can impact insurance costs when searching for cheap insurance for drivers under 21. The price estimates are based on a single male driver, full physical damage coverage, and no discounts are applied to the premium.
The data above shows that a 40-year-old driver could pocket $296 a year by increasing from a $100 deductible up to a $500 deductible, or save $444 by switching to a $1,000 deductible. Even younger drivers, such as the Age 20 example, could reduce their rates $982 each year by selecting a higher deductible. When using a larger deductible, it will be important to have additional funds in a savings account to be able to pay the extra out-of-pocket expense, which deters some people from using high deductibles.
The insurance agencies below can help you decide which insurance coverage will be best for you, since many people would rather have some professional guidance when trying to find lower insurance rates for drivers under 21. It can be complicated to find the cheapest rates, so using a licensed agent can give you satisfaction knowing your policy gives you adequate coverage when you need it most. To locate a Buffalo insurance agent close to you, click the button below the list or click here to compare price quotes now.
- Dennis Evchich Agency Inc
826 Tonawanda St – Buffalo, NY 14207 – (716) 875-7576 - Paul Wolf Agency Inc
2686 Elmwood Ave – Buffalo, NY 14217 – (716) 835-9653 - The Byrne Insurance Agency Inc
480 Abbott Rd – Buffalo, NY 14220 – (716) 825-4100 - GEICO Insurance Agent
3835 McKinley Pkwy #2 – Buffalo, NY 14219 – (716) 604-0345 - Buffalo Queen City Insurance Agency
26 French Lea Rd – Buffalo, NY 14224 – (716) 608-6047
More insurance agents in Buffalo, NY
How to find the cheapest auto insurance for drivers under 21
Lowering your rates is not difficult, and here are some money-saving solutions that can help drivers quote cheap coverage.
- Try to not file small claims
- Bundle home and auto and earn a discount
- Prevent price hikes by avoiding at-fault accidents
- Safe vehicles cost less to insure
- Avoid speeding and other traffic citations and pay less
- Keep rates low by shopping around frequently
That final tip is especially necessary, as was emphasized in this write-up. Prices charged by auto insurers change frequently, so drivers shouldn’t be reluctant to switch carriers if a more affordable rate is found.
Many drivers prefer to stick with one company, but is isn’t recommended if your bullheadedness ends up costing you money that could be spent on other things. In just a couple of minutes you could compare prices to find cheaper car insurance for drivers under 21 in Buffalo.