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New York Insurance Guide
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Insurance in New York
Find comprehensive insurance information for New York (NY) residents. From health coverage to auto and home insurance, we’ll help you understand your options in the Northeast region.
Not sure what coverage you need? Take our Coverage Quiz for personalized recommendations.
Quick Facts
| State | New York (NY) |
| Region | Northeast |
| Population | ~19.5M residents |
| Health Marketplace | NY State of Health |
| Insurance Regulator | New York Department of Insurance |
Health Insurance in New York
New York residents can find health coverage through:
- NY State of Health - The official health insurance marketplace
- Employer-sponsored insurance - Coverage through your workplace
- Medicaid - For eligible low-income residents
- Medicare - For residents 65 and older
Auto Insurance in New York
New York has specific requirements for auto insurance coverage. Learn about minimum liability requirements, optional coverages, and how to find the best rates.
Homeowners Insurance in New York
Protect your home with coverage tailored to New York’s specific risks and requirements.
Life Insurance in New York
Find life insurance options available to New York residents to protect your family’s financial future.
How New York Compares
Understanding how New York stacks up against national averages helps you evaluate your insurance costs and coverage options.
| Metric | New York | National Avg | Comparison |
|---|---|---|---|
| Auto Insurance (annual) | $2,456 | $1,935 | +27% (among the highest) |
| Health Insurance (monthly) | $502 | $477 | +5% (below average) |
| Home Insurance (annual) | $1,334 | $2,377 | -44% (below average) |
| Uninsured Rate | 5.8% | 9.5% | -39% (well above average) |
Key Insights
- Auto insurance costs in New York are among the highest in the nation (#46). Shopping around and comparing quotes is especially important.
- New York has one of the lowest uninsured rates in the nation (#9), indicating strong access to coverage.
Related Insurance Types
- Health Insurance - Medical coverage options
- Auto Insurance - Vehicle coverage requirements
- Homeowners Insurance - Home protection
- Life Insurance - Financial protection for your family
- Business Insurance - Coverage for business owners
Official Resources
- New York Department of Financial Services (opens in new tab) - State insurance regulator, file complaints, verify licenses
- NY State of Health (opens in new tab) - New York’s official health insurance marketplace
- FEMA Flood Map Service Center (opens in new tab) - Check flood zones for any New York address
Contact Your State Insurance Department
Have questions about insurance coverage, need to file a complaint, or want to verify an agent's license? Contact your state regulator:
- Agency
- New York State Department of Financial Services
- Phone
- 800-342-3736
- Website
- Visit Official Website
Frequently Asked Questions
What is NY State of Health and how do I enroll?
NY State of Health is New York’s official health insurance marketplace. You can shop for and compare health plans during open enrollment (November-January) or year-round if you qualify for a special enrollment period. New York offers some of the most comprehensive coverage requirements in the nation, and many residents qualify for subsidies.
What are New York's auto insurance requirements?
New York requires minimum coverage of 25/50/10 for liability ($25,000 per person, $50,000 per accident bodily injury, $10,000 property damage), plus $50,000 for death, $25,000 in Personal Injury Protection (PIP), and $25,000/$50,000 in uninsured motorist coverage.
Is no-fault auto insurance required in New York?
Yes, New York is a no-fault state. Your own insurance pays for your medical bills and lost wages (up to policy limits) regardless of who caused the accident. This Personal Injury Protection (PIP) coverage is mandatory.
Why is car insurance expensive in New York City?
NYC has among the highest auto insurance rates in the country due to traffic density, high accident rates, vehicle theft, expensive repairs, and frequent claims. Brooklyn and the Bronx typically have higher rates than Manhattan due to claims history.
Does New York require health insurance?
New York does not have a state individual mandate, but the state offers robust coverage options through NY State of Health. New York expanded Medicaid and offers the Essential Plan for low-income residents who don’t qualify for Medicaid but need affordable coverage.
What is the Essential Plan in New York?
The Essential Plan is a low-cost health insurance option unique to New York for residents earning up to 200% of the federal poverty level who don’t qualify for Medicaid. Premiums are $0-$20/month with low copays and no deductibles for most services.
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Neighboring State Guides
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