Compare Albuquerque, NM Car Insurance Rates (2021)

Car insurance in Albuquerque, NM averages $337 a month. Albuquerque, New Mexico car insurance requirements are 25/50/10, but you might need full coverage insurance if your car is financed. To find cheap Albuquerque car insurance rates, compare quotes from the top car insurance companies in Albuquerque, NM.

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Zaneta Wood, Ed.S. has over 15 years of experience in research and technical writing bringing a keen understanding of data analysis and information synthesis to reach a wide variety of audiences. She studied adult education and instructional technology at Appalachian State University as well as technical and professional communication at East Carolina University. Zaneta has prepared technical p...

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Joel Ohman is the CEO of a private equity backed digital media company. He is a CERTIFIED FINANCIAL PLANNER™, author, angel investor, and serial entrepreneur who loves creating new things, whether books or businesses. He has also previously served as the founder and resident CFP® of a national insurance agency, Real Time Health Quotes. He has an MBA from the University of South Florida. Jo...

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Reviewed by Joel Ohman
Founder & CFP®

UPDATED: Jun 23, 2021

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Here's What You Need to Know

  • Average car insurance rates in Albuquerque, NM are $4,047/year
  • The cheapest car insurance company in Albuquerque for teen drivers is USAA
  • Average car insurance rates in Albuquerque, NM after a DUI are $5,159/year

If you need to buy Albuquerque, New Mexico car insurance, the options can be confusing. Everything you need to know about car insurance in Albuquerque, NM is right here.

You’ll find Albuquerque car insurance rates, the cheapest Albuquerque, NM car insurance companies, and information on New Mexico car insurance laws. You can also compare Albuquerque, New Mexico car insurance rates to Carlsbad car insurance rates, Roswell car insurance rates, and Las Cruces car insurance rates.

Ready to find affordable Albuquerque, NM car insurance today? Enter your ZIP code for fast, free Albuquerque car insurance quotes.

Cheapest Albuquerque, NM Car Insurance Rates By Age, Gender, and Marital Status

How do age, gender, and marital status affect Albuquerque, NM car insurance rates? Every Albuquerque, New Mexico car insurance company weighs these factors differently, so check out the comparison rates.

Annual Car Insurance Rates by Age, Gender, and Marital Status in Albuquerque, New Mexico

Insurance Company Married 35-Year-Old Female Married 35-Year-Old Male Married 60-Year-Old Female Married 60-Year-Old Male Single 17-Year-Old Female Single 17-Year-Old Male Single 25-Year-Old Female Single 25-Year-Old Male
Allstate $2,669 $2,662 $2,458 $2,584 $9,297 $10,798 $2,935 $3,091
Farmers $2,863 $2,855 $2,555 $2,728 $11,945 $12,321 $3,212 $3,303
GEICO $3,212 $3,295 $3,017 $3,017 $9,487 $12,892 $3,374 $3,338
Nationwide $2,707 $2,747 $2,460 $2,577 $6,653 $8,376 $3,067 $3,282
Progressive $1,954 $1,888 $1,772 $1,778 $8,181 $9,208 $2,368 $2,443
State Farm $1,944 $1,944 $1,778 $1,778 $5,447 $6,849 $2,183 $2,398
USAA $1,709 $1,687 $1,637 $1,622 $4,648 $5,247 $2,122 $2,265

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Minimum Car Insurance in Albuquerque, NM

Every driver must carry the minimum car insurance in Albuquerque, NM. Take a look at the New Mexico car insurance requirements.

Minimum Required Car Insurance Coverage in Albuquerque, New Mexico

Liability Insurance Required Minimum Coverage Limits Required
Bodily Injury Liability Coverage $25,000 per person
$50,000 per accident
Property Damage Liability Coverage $10,000 minimum

Cheapest Albuquerque, NM Car Insurance Rates by Credit Score

Your credit affects car insurance costs in Albuquerque, NM. Compare credit history car insurance rates in Albuquerque from top companies for good, fair, and poor credit.

Annual Car Insurance Rates by Credit Score in Albuquerque, New Mexico

Insurance Company Poor Fair Good
Allstate $5,310 $4,378 $3,998
Farmers $5,972 $4,970 $4,727
GEICO $5,828 $5,080 $4,703
Nationwide $4,869 $3,793 $3,288
Progressive $4,052 $3,619 $3,426
State Farm $4,347 $2,668 $2,106
USAA $3,272 $2,452 $2,127

Cheapest Albuquerque, NM Car Insurance Rates by Driving Record

Your driving record is one of the biggest factors affecting car insurance costs. Compare bad driving record car insurance rates in Albuquerque, NM to rates for a clean record with top companies.

Annual Albuquerque, New Mexico Car Insurance Rates by Driving Record

Group Clean Record With 1 Accident With 1 DUI With 1 Speeding Violation
Allstate $3,727 $4,972 $5,328 $4,220
Farmers $4,417 $5,691 $5,557 $5,226
GEICO $3,086 $4,926 $9,717 $3,086
Nationwide $2,978 $4,183 $5,401 $3,374
Progressive $3,194 $4,385 $3,442 $3,776
State Farm $2,846 $3,105 $3,105 $3,105
USAA $1,936 $2,710 $3,562 $2,260

Cheapest Albuquerque, NM Car Insurance for Teen Drivers

Teen car insurance in Albuquerque, NM can be expensive. Take a look at rates from the top car insurance companies in Albuquerque for teenagers.

Annual Car Insurance Rates for Teen Drivers in Albuquerque, New Mexico

Insurance Company Single 17-Year-Old Female Single 17-Year-Old Male
Allstate $9,297 $10,798
Farmers $11,945 $12,321
GEICO $9,487 $12,892
Nationwide $6,653 $8,376
Progressive $8,181 $9,208
State Farm $5,447 $6,849
USAA $4,648 $5,247

Cheapest Albuquerque, NM Car Insurance for Seniors

Take a look at Albuquerque, NM senior car insurance rates from top companies. Shopping around can make a big difference for senior drivers.

Annual Car Insurance Rates for Senior Drivers in Albuquerque, New Mexico

Insurance Company Married 60-Year-Old Female Married 60-Year-Old Male
Allstate $2,458 $2,584
Farmers $2,555 $2,728
GEICO $3,017 $3,017
Nationwide $2,460 $2,577
Progressive $1,772 $1,778
State Farm $1,778 $1,778
USAA $1,637 $1,622

Cheapest Albuquerque, NM Car Insurance Rates After a DUI

A DUI in Albuquerque, NM increases car insurance rates. Compare Albuquerque, New Mexico DUI car insurance by company to find the cheapest option.

Annual Car Insurance Rates After a DUI in Albuquerque, New Mexico

Insurance Company Annual Car Insurance Rates With a DUI
Allstate $5,328
Farmers $5,557
GEICO $9,717
Nationwide $5,401
Progressive $3,442
State Farm $3,105
USAA $3,562

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Cheapest Albuquerque, NM Car Insurance Rates by Commute Length

How does how far you drive affect car insurance rates in Albuquerque, NM by commute? Take a look at a comparison of the top companies by commute length.

Annual Car Insurance Rates by Commute Length in Albuquerque, New Mexico

Insurance Company 10 Mile Commute, 6,000 Annual Mileage 25 Mile Commute, 12,000 Annual Mileage
Allstate $4,562 $4,562
Farmers $5,223 $5,223
GEICO $5,123 $5,285
Nationwide $3,984 $3,984
Progressive $3,699 $3,699
State Farm $2,961 $3,119
USAA $2,539 $2,695

Cheapest Albuquerque, NM Car Insurance Rates by ZIP Code

Albuquerque car insurance rates vary based on where you live. Check out the difference in car insurance rates by ZIP code in Albuquerque, NM.

Annual Car Insurance Rates by ZIP Code in Albuquerque, New Mexico

ZIP Code Average Annual Rates
87101 $4,360
87102 $4,413
87104 $4,232
87105 $4,505
87106 $4,218
87107 $4,220
87108 $4,396
87109 $4,193
87110 $4,213
87111 $4,209
87112 $4,244
87113 $4,176
87114 $4,078
87115 $4,302
87116 $4,216
87120 $4,143
87121 $4,600
87122 $4,209
87123 $4,272
87131 $4,182

The Best Cheap Car Insurance Companies in Albuquerque, NM

Take a look at a side-by-side comparison of the top car insurance companies in Albuquerque, NM to find the best option for your needs.

Average Annual Car Insurance Rates by Company in Albuquerque, New Mexico

Insurance Company Average Annual Rates
Allstate $4,562
Farmers $5,223
GEICO $5,204
Nationwide $3,984
Progressive $3,699
State Farm $3,040
USAA $2,617

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Category Winners: Cheapest Car Insurance in Albuquerque, New Mexico

Find the cheapest car insurance companies in Albuquerque, NM for each category right here.

Best Annual Car Insurance Rates by Company in Albuquerque, New Mexico

Category Insurance Company
Teenagers USAA
Seniors USAA
Clean Record USAA
With 1 Accident USAA
With 1 DUI State Farm
With 1 Speeding Violation USAA

Cheapest Albuquerque, NM Car Insurance Rates by Coverage Level

How much coverage you choose will have an impact on your Albuquerque car insurance rates. Find the cheapest Albuquerque, NM car insurance rates by coverage level.

Annual Car Insurance Rates by Coverage Level in Albuquerque, New Mexico

Insurance Company Low Medium High
Allstate $4,320 $4,551 $4,814
Farmers $4,734 $5,173 $5,761
GEICO $4,805 $5,191 $5,617
Nationwide $3,893 $3,954 $4,103
Progressive $3,515 $3,699 $3,883
State Farm $2,751 $3,053 $3,317
USAA $2,428 $2,631 $2,792

What affects car insurance rates in Albuquerque, New Mexico?

What factors can have an impact on Albuquerque, NM car insurance? There are several reasons why Albuquerque car insurance may be different from surrounding cities. Take a look at what affects car insurance rates in Albuquerque, New Mexico.

Car Theft in Albuquerque

High levels of vehicle theft can make car insurance more expensive. Albuquerque, NM car theft statistics from the FBI indicate 6,616 vehicle thefts a year.

Commute Time in Albuquerque

The more time you spend in your car the higher the risk of an accident. The average commute length in Albuquerque, NM is 21.8 minutes according to City-Data.

Traffic in Albuquerque

Traffic and commute times go hand in hand, with more traffic meaning more time on the road. Albuquerque, NM traffic data from INRIX ranks Albuquerque as the 545th-most congested in the world.

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Compare Car Insurance Quotes in Albuquerque, NM

Ready to find affordable Albuquerque, New Mexico car insurance today? Enter your ZIP code for fast, free Albuquerque, NM car insurance quotes.

Free Car Insurance Comparison

Enter your ZIP code below to view companies that have cheap car insurance rates.

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