What do you want first? The good news or the bad news?
Okay, we’ll go with the bad news.
Buffalo metro area: $1,446 (47th most expensive city in the U.S.)
New York City: $2,226
New York (state): $1,582 (13th most expensive state in the U.S.)
Here are the Buffalo area zip codes that pay the most for car insurance:
The state and city you live in plays a huge role in how much you pay for car insurance. In fact, insurance companies take all of the following into consideration when setting rates for their policies:
- Number of claims in your area: This is kind of a no-brainer, because more claims equal more payouts for insurance carriers–and of course they pass some of that on to their paying customers
- Population Density where you live: More cars on the road equals a higher potential for accidents
- Climate and weather: Rough winters with ice and snow as well as hailstorms and floods all translate into higher claims and premiums
- Crime rates (theft/vandalism): Higher crime rates, especially property crimes like car break-ins, car theft and vandalism, mean higher premiums
- Unemployment levels: In areas with higher unemployment, more people forgo auto insurance, which means those who have insurance end up paying more when hit by an uninsured motorist
- Road conditions: Intersections known to be dangerous and potholes that can cause damage also fuel increased insurance costs
- Availability of public safety services: Cities that enforce traffic laws aggressively and have faster response times are considered safer and therefore less expensive for auto insurance companies than areas that aren’t as safe
- Litigation activity: If your town or city has a higher-than-average number of attorneys, be prepared to pay more for your car insurance