In NYC with clean 15+ year driving record my premium is $270 a month after discounts with USAA. Geico, Allstate, Progressive all quote me $400/mo minimum. Have driven everything from old beaters to brand new economy cars with little difference. Friends who also drive are paying around $350/mo on average.

> In NYC with clean 15+ year driving record my premium is $270 a month

This is terrible. In Germany (major city) I pay 166 Eur a month for two cars, one normal (premium brand) family car and second being V8 coupe. I make about 25000km a year in total and have 6 years no claims. No accidents in my driving history (over 15 years). Price is for full coverage with low excess.

This price is probably driven by higher prevalence of uninsured motorists

> In NYC with clean 15+ year driving record my premium is $270 a month after discounts with USAA. Geico, Allstate, Progressive all quote me $400/mo minimum. Have driven everything from old beaters to brand new economy cars with little difference. Friends who also drive are paying around $350/mo on average.

You're taking about full coverage, right?

Yes but when I tried to switch to liability only it was $20 cheaper. What I pay seems to be the floor, it’s definitely the lowest of anyone I know so far who isn’t claiming to live outside of NYC. Meanwhile my motorcycle insurance, liability only, for an older sport bike was only $400/year with Progressive.

Interesting, when I was in high school I could not afford car insurance so I didn't't even bother with a drivers license, motorcycle license and insurance was like $80/yr.

(that was a while back though).

Wow.That a bit high even for NYC. Are you male? I have a join policy with my wife with Geico for $166 a month. This includes upgraded $100,000 liability limit roadside assistance and windshield insurance.

I have a crossover/wagon 330 horsepower V6 engine.

I guess males wreck more. I pay double now for myself as a single man with a car than I did for both me and my spouse and our two cars. Went from $100/month to $200/month overnight.

Similar here. In Atlanta, have never had an at-fault accident in my life. I pay just under $400/mo for full coverage on my 2019 coupe and my wife's 2015 crossover.

Damn, that's Ontario costs (where the insurance industry is locked in to "No fault" which whether good or bad costs good drivers more.

Wow that is crazy, also in the US my wife & I pay about $30/each a month.

I always chuckle when discussions start comparing insurance premiums without defining the insurance itself.

Might as well compare the prices of apples and oranges and vacuums and space stations.

These comments could be quoting liability only insurance or comprehensive/collision for a kia or comprehensive/collision with bodily injury for a rivian R1S. The insured amount would differ by hundreds of thousands of dollars.

For reference, I have only ever paid for maximum liability only insurance including uninsured/underinsured coverage ($500k/$250k), but not bodily injury, and my premium for 10k miles per year is less than $50 per month. Used to be less than $40 per month before 2022.

Why would you forego bodily injury liability coverage? Most states require it, and it makes sense if you have even modest assets.

The medical portion of my insurance that covers me (unlimited PIP) is like $17 a month, I can't see driving much and not spending that, even with relatively limited expectations for how much easier it might make things.

Sorry, I meant I forego Personal Injury Protection, not Bodily Injury. I purchase the maximum amount of bodily injury (I forget if it’s $250k or $500k, but it’s up there).

Sounds like insurance in Canada is very cheap. Here in California we pay about $400/month. This is for a couple with no accidents in 30 years, in the sweet spot of old enough to have plenty of driving record with zero accidents but not too old to have any age-based penalties, so that's about as cheap as it gets.

Apparently when our child reaches driving age we should expect to be paying about $1000/month for insurace. We'll see when the time comes.

The average car insurance premium in the US is over $2000/year, and over $2500/year for full coverage. I imagine that has an outlier effect and the median is lower, but I'd be surprised if the median was under $100/month. I'm paying just under $1000/year (and yes, in Ontario).

The liability-only insurance is around $70 a month.

It depends where you live and how much coverage you get. The real kicker these day is uninsured motorist coverage, because so many people are driving without insurance and they are much more likely to get into accidents.

You must own your vehicle in its entirety to be able to downgrade to liability-only. If you are still making payments on your car (which most people are), your lender requires that you maintain full coverage.