Binghamton Auto Insurance

Last Updated on January 21, 2026

Looking for auto insurance in Binghamton, New York? Whether you’re commuting across town, driving in rain and lake-effect snow, or dealing with busy rush-hour traffic, the right coverage helps protect your budget and your vehicle.

This guide covers New York’s required coverages, what drivers typically pay in Binghamton, and reputable companies and local agents to contact when you want help comparing options.

Binghamton Auto Insurance at a Glance

New York Has Specific Minimums: Liability, no-fault (PIP), and uninsured motorist coverage are required statewide, and many drivers choose higher limits for better protection.
Typical Binghamton Pricing: Recent market data shows Binghamton averages around $122/month for liability-only and $154/month for full coverage, but your quote can vary widely by driver and vehicle.
Winter Driving Matters: Snow, ice, road salt, and potholes can increase claims risk—making collision, comprehensive, and roadside options worth considering.
Local Agent Help Is Easy to Find: Binghamton has a mix of independent agencies and brand-name agents who can compare policies and explain NY coverages in plain English.

Table Of Contents

New York Auto Insurance Requirements
How Much Does Car Insurance Cost in Binghamton?
Recommended Coverage for Drivers in Binghamton
Best Car Insurance Companies for Binghamton
Best Auto Insurance Agents in Binghamton
FAQs on Auto Insurance in Binghamton, NY

New York Auto Insurance Requirements

New York requires drivers to carry certain minimum coverages to register and operate a vehicle. Limits and rules can change over time, so it’s smart to double-check the latest requirements when you renew.

Coverage Type	New York Minimum Limit (Statewide)
Bodily Injury Liability (BI)	$25,000 per person / $50,000 per accident
Property Damage Liability (PD)	$10,000 per accident
No-Fault (PIP)	$50,000 per person
Uninsured Motorist (UM) – Bodily Injury	$25,000 per person / $50,000 per accident
Death Liability	$50,000 per person / $100,000 per accident

Source: NY DMV driver manual (insurance minimums and plate/registration rules): https://dmv.ny.gov/new-york-state-drivers-manual-and-practice-tests/chapter-3-owning-a-vehicle

What Each Required Coverage Does

Bodily Injury Liability: Helps pay for injuries you cause to others in an at-fault crash (medical bills, lost wages, legal costs).
Property Damage Liability: Helps pay for damage you cause to someone else’s vehicle or property (like a fence or building).
No-Fault (PIP): Helps cover medical expenses and certain related costs for you (and eligible passengers) after a crash—regardless of fault.
Uninsured Motorist (UM): Helps if you’re hit by a driver who has no insurance (or in some cases, in a hit-and-run), up to your UM limits.
Death Liability: Provides an additional layer tied to fatal accidents under New York’s required liability structure.

Why many Binghamton drivers choose higher limits: The state minimums can be exhausted quickly in a serious crash. Higher liability and UM/SUM limits can help protect savings, income, and future wages—especially if you drive often, commute longer distances, or have significant assets to protect.

How Much Does Car Insurance Cost in Binghamton?

Rates depend on your ZIP code, driving history, vehicle, annual mileage, and selected coverages (deductibles, limits, collision/comprehensive, and endorsements). But city-level averages can give you a useful starting point.

As of January 2026, average pricing in Binghamton is about $122/month for liability coverage and $154/month for full coverage (liability + comprehensive + collision), based on published market-rate estimates.

Coverage Level	Average Monthly Cost	Average Annual Cost
Liability-Only (Minimum-Coverage Style)	$122	$1,464
Full Coverage (Liability + Comp/Collision)	$154	$1,848
Overall Average (All Policies)	$138	$1,656

Rate source: Insurify – “Cheapest Car Insurance Quotes in Binghamton, NY for 2026” https://insurify.com/car-insurance/new-york/binghamton/

Keep in mind: your personal quote may be higher or lower. In Binghamton, common pricing drivers include claim frequency, theft/vandalism risk, local repair costs, winter weather losses, and individual factors like tickets/accidents, credit-based insurance scoring (where permitted), and coverage selections.

Good to know: When comparing quotes, keep the same liability limits, deductibles, and vehicle/use details across insurers—small changes can make prices look “cheaper” without actually matching coverage.

Recommended Coverage for Drivers in Binghamton

New York’s minimums may satisfy the law, but they’re often not enough to comfortably cover a serious crash. Here are practical upgrades many Binghamton drivers consider:

Higher Liability Limits: Common steps up include 100/300/100 or higher, especially if you own a home, have savings, or drive frequently.
Collision + Comprehensive: Typically recommended for financed/leased vehicles and often worthwhile for newer cars. Comprehensive helps with theft, vandalism, falling objects, and weather; collision helps when you hit another vehicle/object.
Deductible Strategy: Choose a deductible you could realistically pay tomorrow. A higher deductible can lower premiums, but only if you can fund it in an emergency.
Uninsured/Underinsured Protection: New York requires UM; many drivers also add higher limits or supplemental options to better protect themselves after a serious injury claim.
Rental + Roadside: Helpful if you rely on your vehicle for commuting, appointments, or family logistics—especially during winter breakdown season.
Gap Coverage (If Needed): If you owe more than your car’s value, gap coverage can help after a total loss.

Good to know: Avoid gaps in coverage in New York. Even a short lapse can trigger registration/plate issues and penalties—especially if plates aren’t surrendered when coverage ends.

Best Car Insurance Companies for Binghamton

“Best” depends on what you value most—price, claims service, local agent support, specialty coverages, or discounts. Here are solid options commonly considered by drivers in upstate New York, including Binghamton:

Company	Best for	Why it’s good	Watch-outs
State Farm	Local agent support	Strong agent network and helpful guidance for NY coverages	Rates can vary a lot by driver profile
GEICO	Budget-friendly quotes	Often competitive pricing with a streamlined online experience	Less in-person support than agent-based carriers
Progressive	Drivers who like customization	Flexible options (deductibles, add-ons) and online tools	Pricing can jump after claims/tickets
Travelers	Bundling home + auto	Solid bundles and coverage options for multi-policy households	Not always the cheapest for minimum coverage
Allstate	Drivers who want agent guidance	Local agent presence plus broad coverage add-ons	Premiums can be higher in some profiles
New York Central Mutual	Upstate/regional fit	Regional focus and common availability through local agencies	Usually purchased via agent, not direct online
Erie	Service-focused shoppers	Often strong customer experience via independent agents	Availability varies; quotes typically through an agent
Nationwide	Broad coverage menu	Good mix of coverage features and discount opportunities	Not always the lowest-priced option
Liberty Mutual	Discount hunters	Many optional coverages and bundling opportunities	Final pricing can vary significantly by ZIP
USAA	Military families	Often strong value and customer satisfaction (eligibility required)	Only available to eligible members and families
Amica	High-service experience	Known for customer service and straightforward policies	Can be pricier; not ideal for minimum-coverage shopping

Best Auto Insurance Agents in Binghamton

If you prefer help comparing coverage, deductibles, and New York endorsements (like no-fault and UM/SUM options), a local Binghamton agent can be a big advantage. Below are verified options in the area:

Agency	Address	Phone	Website	Why they’re a good fit
Mark Anderson – State Farm	50 Pennsylvania Avenue, Binghamton, NY 13903-1667	(607) 724-2886	sfinsurance4u.com	Local office support with straightforward help on NY coverages and deductibles
Jim Rollo – State Farm	1332 Upper Front Street Suite 1, Binghamton, NY 13901-1142	(607) 238-1355	jimmyrollo.com	Hands-on guidance for bundling and selecting practical limits for everyday driving
Kris Yelverton Ins & Fin Svcs Inc – State Farm	112-122 State St Suite 102, Binghamton, NY 13901	(607) 723-3840	yelvertoninsuranceagencies.com	Good for drivers who want a local agent relationship and clear coverage explanations
Kristy L McWherter Agency – Farmers Insurance	168 Susquehanna Street, Binghamton, NY 13901	(607) 721-1100	farmersagent.com/kmcwherter	Helpful for personalized policy reviews and building a plan around your budget
Keegan Insurance (Independent Agency)	119 Robinson St, Binghamton, NY 13904	(607) 724-4919	carinsurancebinghamton.com	Independent agency approach—useful if you want quotes from multiple carriers
Triple Cities Agency	1249 Front St Suite 108, Binghamton, NY 13905	(607) 203-0075	triplecitiesagency.com	Independent agency with local support—good for shopping and coverage comparisons
Bob Putnam Agency Inc. – Nationwide	1446 Front St, Binghamton, NY 13901	(607) 772-0000	Nationwide Agency Page	Good for drivers who want guided policy customization with a recognizable carrier

FAQs on Auto Insurance in Binghamton, NY

What are the minimum car insurance requirements in New York?

New York generally requires liability (bodily injury and property damage), no-fault (PIP), and uninsured motorist bodily injury coverage. Minimum limits are commonly shown as 25/50 for bodily injury, 10 for property damage, 50,000 PIP, plus uninsured motorist subject to the same BI minimums, with separate death liability limits.

Is no-fault (PIP) required in Binghamton?

Yes. Binghamton follows New York’s statewide rules, which include required Personal Injury Protection (PIP/no-fault). PIP helps pay for medical expenses and certain related costs after a crash, regardless of fault.

How much is car insurance in Binghamton on average?

As of January 2026, published estimates show about $122 per month for liability coverage and about $154 per month for full coverage in Binghamton. Your exact quote can be higher or lower depending on your record, vehicle, and coverage choices.

What factors most affect my premium in Binghamton?

Insurers commonly rate by driving history (tickets/accidents), ZIP code, vehicle type, annual mileage, garaging, deductibles, claim trends, and selected limits. Winter-weather claims and local repair costs can also influence pricing.

Do I need full coverage if my car is paid off?

Not legally—New York requires liability, PIP, and UM, but not collision/comprehensive. Many drivers keep full coverage if the car is newer, worth protecting, or would be hard to replace out of pocket.

What happens if I have a lapse in insurance in New York?

New York can impose penalties and may suspend your registration (and potentially your license) if a registered vehicle is uninsured. If coverage is ending, drivers are often required to turn in plates to avoid lapse consequences.

If I move to Binghamton from another state, can I keep my old policy?

Usually you’ll need to switch to a New York policy and update registration requirements after establishing residency/garaging in New York. Start the policy change early so you don’t risk a coverage gap or registration issues.

Lower your New York car insurance costs

Binghamton Auto Insurance