Compare the Cheapest Car Insurance Quotes in Albuquerque, NM

2022

The Cheapest and Best Car Insurance in Albuquerque

The Cheapest Car Insurance Companies in Albuquerque

If you ‘re looking for the most low-cost full-coverage policies in Albuquerque on average, check out these providers :

• MetLife: $910 per year
• State Farm: $1,044 per year

only military members and their families qualify for USAA ’ second car policy policies, which are normally amongst the brassy. Compared to Allied, the state ‘s most expensive insurance company on average, MetLife features 58 % lower average premiums. A combination of coverages, including comprehensive and collision indemnity, comprise a full-coverage policy. Costs will differ based on the coverage limits you select .

Cheapest Car Insurance in Albuquerque

Full Coverage 100/300/100

• company 100/300/100

  per year

• 1 .MetLife

  $910

• 2 .State Farm

  $1,044

• 3 .Allstate

  $1,071

• 4 .Progressive

  $1,085

• 5 .Farmers

  $1,154

• 6 .GEICO

  $1,224

• 7. Allied

  $1,443

MoneyGeek compiled average rates for a 40-year-old male driver with a full-coverage policy. A full-coverage car policy policy is more expensive than a liability-only policy, as it contains two following types of coverage :

• Collision Coverage: This coverage insures your vehicle against damage caused by a collision with another vehicle or fixed object.
• Comprehensive Coverage: This insurance pays for damages to your vehicle that are not the result of a collision, like fire, theft, etc.

Full-coverage policies may be excessively expensive for older cars. You may want to consider purchasing the state minimum coverage based on your individual needs and characteristics. Loading …

Cheapest Car Insurance in Albuquerque for Minimum Coverage

The cheapest policy policies in Tucson deliver the lowest level of coverage, such as minimum coverage insurance. The postdate companies sell the city ‘s most low-cost liability indemnity, on average :

• MetLife: $441 per year
• State Farm: $507 per year

You may be eligible for lower rates from USAA if you or a class penis have spent meter in the military. Compared to Allied, the most expensive insurance company in the express on average, MetLife ‘s modal quote is $ 304 cheaper. minimum coverage policies are cheaper due to their lower degree of coverage. however, the miss of comprehensive examination and collision coverage puts you at hazard of being underinsured. Use the table to see how rates fluctuate as liability limits are increased .

Cheapest Minimum Liability Car Insurance in Albuquerque

state Minimum

• company State Minimum

  per year

• 1 .MetLife

  $441

• 2 .State Farm

  $507

• 3 .Progressive

  $579

• 4 .GEICO

  $607

• 5 .Allstate

  $613

• 6 .Farmers

  $639

• 7. Allied

  $745

Drivers in New Mexico must carry a minimal of 25/50/10 liability insurance. This coverage is the cheapest indemnity in Albuquerque and provides the least security. additionally, it increases your fiscal burden following an at-fault accident. For example, a driver who causes an accident with a property price cost of $ 20,000 to the other motorist will lone receive liability coverage for $ 10,000, leaving the driver at fault covering $ 10,000 out of pouch .

New Mexico Minimum Liability Requirements

• item description
• Bodily Injury and Property Damage $ 25,000 per person, $ 50,000 per accident and $ 10,000 for property damage. A more protective flat is 100/300/100 .

Cheapest Car Insurance in Albuquerque if You Have Driving Violations

In Albuquerque, a dealings irreverence like a speeding slate or a DUI can drastically raise car policy premiums. The follow list details the city ‘s cheapest average indemnity quotes for versatile traffic offenses :

• Cheapest After a Ticket: State Farm, $1,121 per year
• Cheapest After an At-Fault Accident: State Farm, $1,121 per year
• Cheapest After a DUI: State Farm, $1,121 per year

careless of the traffic misdemeanor, you can reduce your insurance rates by improving your force criminal record over prison term. Getting a slate or being involved in an accident makes it necessary to shop around for indemnity policies to find your ideal provider .

Cheapest Car Insurance in Albuquerque With a Violation

Speeding ticket

• company Speeding Ticket

  per year

• 1 .State Farm

  $1,121

• 2 .MetLife

  $1,181

• 3 .Allstate

  $1,188

• 4 .GEICO

  $1,359

• 5 .Farmers

  $1,434

• 6 .Progressive

  $1,488

• 7. Allied

  $1,694

Average Cost of Car Insurance in Albuquerque

Albuquerque

$1,133

New Mexico

$1,133

U.S.

$1,424

The average annual price of car insurance in both Albuquerque and in the state of New Mexico is $ 1,133. The modal car policy rate in Albuquerque is slightly lower than the national average. Drivers in Albuquerque pay around 20.5 % less than the home median cost of car coverage.

Personalized Quotes to Get You the Cheapest Car Insurance in Albuquerque

Since the concept of car coverage is all about providing fiscal protection against car-related risks, car policy companies in Albuquerque look into several factors that can affect your cable car indemnity quotes. Some of these factors include long time, sex, marital condition, ZIP code and make and model of the vehicle, among others. For exemplify, in Albuquerque, a car policy policy from State Farm for an 18-year-old driver is closely three times more expensive than similar seniors car insurance coverage for a 70-year-old driver. As your circumstances may change over prison term, it ’ randomness recommended that you frequently request a personalized quote so you can purchase a cable car insurance plan that ’ randomness best suited to your current needs. Loading …

The Best Car Insurance Companies in Albuquerque

MoneyGeek weighed avail quality and affordability to determine the best cable car policy companies in Albuquerque. According to our data, the best car indemnity companies in the city are the pursuit two :

• State Farm: MoneyGeek score of 90 out of 100
• GEICO: MoneyGeek score of 90 out of 100

Although USAA earned the highest ratings in Albuquerque, we excluded the company from the number since its policies are offered entirely to military personnel and their dependents. MoneyGeek used J.D. Power ‘s affordability, customer satisfaction and fiscal stability scores to perform this research .
1

USAA

score :

100

5/5 Affordability 5/5 Claims Ratings 5/5 User Satisfaction A++ fiscal stability 2

State Farm

sexual conquest :

90

3/5 Affordability 3/5 Claims Ratings 5/5 User Satisfaction A++ fiscal stability 3

GEICO

score :

90

5/5 Affordability 3/5 Claims Ratings

3/5 User Satisfaction A++ fiscal constancy 4

Allstate

seduce :

82.5

3/5 Affordability 3/5 Claims Ratings 3/5 User Satisfaction A+ fiscal stability 5

CSAA

score :

82.5

5/5 Affordability 2/5 Claims Ratings 3/5 User Satisfaction A fiscal stability 6

Liberty Mutual

score :

82.5

3/5 Affordability 4/5 Claims Ratings 3/5 User Satisfaction A fiscal stability 7

American Family

score :

80

3/5 Affordability 3/5 Claims Ratings 3/5 User Satisfaction A fiscal stability 8

Travelers

grade :

80

2/5 Affordability 3/5 Claims Ratings 2/5 User Satisfaction A++ fiscal stability 9

Safeco

score :

77.5

2/5 Affordability 3/5 Claims Ratings 3/5 User Satisfaction A fiscal constancy 10

Farmers

score :

77.5

2/5 Affordability 3/5 Claims Ratings 3/5 User Satisfaction A fiscal constancy 11

Progressive

score :

77.5

3/5 Affordability 2/5 Claims Ratings 2/5 User Satisfaction A+ fiscal stability 12

Nationwide

seduce :

75

2/5 Affordability 2/5 Claims Ratings 2/5 User Satisfaction A+ fiscal constancy

Average Cost of Car Insurance by Postal Code

not all vicinity ‘s car indemnity rates are the lapp. different neighborhoods have different risks associated with them, so cable car policy companies in Albuquerque consider your particular position of residence when they determine your rate. For example, policyholders living in Albuquerque ‘s most low-cost region for car coverage, 87114, will pay about $ 140 less in annual car insurance premiums than car indemnity policyholders living in ZIP code 87121 .

• Zip Code State Minimum

  per year

• 87114

  $1,096

• 87111

  $1,098

• 87120

  $1,104

• 87121

  $1,234

Factors That Impact Insurance Costs in Albuquerque

In addition to individual driver needs and history, location-specific factors like the share of uninsured motorists and the rate of fateful accidents besides contribute to car policy rates in Albuquerque. How Albuquerque ranks compared to the 300 most populous cities in the United States can have a significant impact on premium costs . Most Accidents With Fatalities

27th

/ 300 Most cable car Thefts

305th

/ 300 Most uninsured Motorists by State

3rd

/ 50 personal Injury Protection Required No Most annual rain

289th

/ 300 Most showery Days

230th

/ 300

Methodology and Assumptions

MoneyGeek ’ randomness average premium rates for Albuquerque are based on 100/300/100 comprehensive collision coverage with a $ 1,000 deductible for a 40-year-old male driver. The median driver profiled drives a 2010 Toyota Camry LE and has no tickets or accidents on their record. Additional premiums are added based on coverage type, location and drive phonograph record. Learn more about MoneyGeek ’ second data and methodology here. About the generator

Mark Fitzpatrick is a aged subject coach with MoneyGeek specializing in insurance. Mark has years of experience analyzing the insurance marketplace and creating original research and contented. He graduated from Boston College with a Bachelor of Arts and Johns Hopkins University with a dominate of Arts .