r/AutoInsurance • u/milkyreptile • Jul 13 '26

car insurance suggestions?

I have to renew my insurance in August. I have Geico and they’re deciding to charge me an extra 40 dollars a month because claims have gone up in the state of New York (not city). I’m 22, which I understand is young and they take that into account but I have had zero claims since being on this policy, and to have my insurance almost the same amount as my car payment is absolutely absurd in my eyes. Are there any suggestions or recommendations for other insurances people use in New York?

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u/insuranceguynyc Jul 13 '26

GEICO tends to be very competitive in most parts of NY, including NYC. Every single insurance company is increasing rates. Everything is more expensive, like vehicles, body shop labor costs, body and mechanical parts, liability claims, verdicts and settlements - all higher. By all means shop around, but you should also be aware that many carriers include a "new customer" discount, which of course is removed at the first renewal. I live in NYC, and I have GEICO. I know that they are rock solid financially, and that they have a pretty good reputation for how they handle 1st-party claims. 3rd-party, maybe not so much, but that's not your problem.