Compare Cerro, NM Car Insurance Rates (2021)

Car insurance in Cerro, NM averages $303 a month. Cerro, New Mexico car insurance requirements are 25/50/10, but you might need full coverage insurance if your car is financed. To find cheap Cerro car insurance rates, compare quotes from the top car insurance companies in Cerro, NM.

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A former insurance producer, Laura understands that education is key when it comes to buying insurance. She has happily dedicated many hours to helping her clients understand how the insurance marketplace works so they can find the best car, home, and life insurance products for their needs.

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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

  • The cheapest car insurance company in Cerro for teen drivers is USAA
  • The cheapest car insurance company in Cerro is State Farm
  • Average car insurance rates in Cerro, NM are $3,632/year

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

You’ll find Cerro car insurance rates, the cheapest Cerro, NM car insurance companies, and information on New Mexico car insurance laws. You can also compare Cerro, New Mexico car insurance rates to Santa Fe car insurance rates, Hobbs car insurance rates, and Farmington car insurance rates.

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

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

How do age, gender, and marital status affect Cerro, NM car insurance rates? Every Cerro, 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 Cerro, 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 $2,520 $2,522 $2,316 $2,433 $8,658 $10,075 $2,779 $2,950
Farmers $2,324 $2,315 $2,081 $2,214 $9,353 $9,619 $2,621 $2,716
GEICO $3,088 $3,172 $2,903 $2,903 $8,952 $12,283 $3,255 $3,266
Nationwide $2,576 $2,615 $2,344 $2,454 $6,281 $7,896 $2,912 $3,114
Progressive $1,704 $1,648 $1,553 $1,555 $7,031 $7,930 $2,056 $2,122
State Farm $1,613 $1,613 $1,476 $1,476 $4,459 $5,587 $1,806 $1,993
USAA $1,664 $1,645 $1,593 $1,581 $4,476 $5,054 $2,064 $2,205

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Minimum Car Insurance in Cerro, NM

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

Minimum Required Car Insurance Coverage in Cerro, 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 Cerro, NM Car Insurance Rates by Credit Score

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

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

Insurance Company Poor Fair Good
Allstate $4,981 $4,107 $3,757
Farmers $4,767 $3,946 $3,753
GEICO $5,580 $4,858 $4,495
Nationwide $4,618 $3,592 $3,111
Progressive $3,509 $3,129 $2,961
State Farm $3,563 $2,201 $1,745
USAA $3,168 $2,376 $2,062

Cheapest Cerro, 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 Cerro, NM to rates for a clean record with top companies.

Annual Cerro, New Mexico Car Insurance Rates by Driving Record

Group Clean Record With 1 Accident With 1 DUI With 1 Speeding Violation
Allstate $3,501 $4,643 $5,016 $3,967
Farmers $3,510 $4,518 $4,411 $4,183
GEICO $2,945 $4,710 $9,310 $2,945
Nationwide $2,831 $3,962 $5,100 $3,202
Progressive $2,763 $3,791 $2,980 $3,265
State Farm $2,346 $2,556 $2,556 $2,556
USAA $1,877 $2,623 $3,452 $2,189

Cheapest Cerro, NM Car Insurance for Teen Drivers

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

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

Insurance Company Single 17-Year-Old Female Single 17-Year-Old Male
Allstate $8,658 $10,075
Farmers $9,353 $9,619
GEICO $8,952 $12,283
Nationwide $6,281 $7,896
Progressive $7,031 $7,930
State Farm $4,459 $5,587
USAA $4,476 $5,054

Cheapest Cerro, NM Car Insurance for Seniors

Take a look at Cerro, 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 Cerro, New Mexico

Insurance Company Married 60-Year-Old Female Married 60-Year-Old Male
Allstate $2,316 $2,433
Farmers $2,081 $2,214
GEICO $2,903 $2,903
Nationwide $2,344 $2,454
Progressive $1,553 $1,555
State Farm $1,476 $1,476
USAA $1,593 $1,581

Cheapest Cerro, NM Car Insurance Rates After a DUI

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

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

Insurance Company Annual Car Insurance Rates With a DUI
Allstate $5,016
Farmers $4,411
GEICO $9,310
Nationwide $5,100
Progressive $2,980
State Farm $2,556
USAA $3,452

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Cheapest Cerro, NM Car Insurance Rates by Commute Length

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

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

Insurance Company 10 Mile Commute, 6,000 Annual Mileage 25 Mile Commute, 12,000 Annual Mileage
Allstate $4,282 $4,282
Farmers $4,155 $4,155
GEICO $4,902 $5,054
Nationwide $3,774 $3,774
Progressive $3,200 $3,200
State Farm $2,440 $2,566
USAA $2,460 $2,611

The Best Cheap Car Insurance Companies in Cerro, NM

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

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

Insurance Company Average Annual Rates
Allstate $4,282
Farmers $4,155
GEICO $4,978
Nationwide $3,774
Progressive $3,200
State Farm $2,503
USAA $2,535

Category Winners: Cheapest Car Insurance in Cerro, New Mexico

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

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

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

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Cheapest Cerro, NM Car Insurance Rates by Coverage Level

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

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

Insurance Company Low Medium High
Allstate $4,093 $4,273 $4,479
Farmers $3,813 $4,121 $4,532
GEICO $4,635 $4,964 $5,335
Nationwide $3,691 $3,737 $3,894
Progressive $3,025 $3,195 $3,379
State Farm $2,267 $2,511 $2,731
USAA $2,348 $2,549 $2,709

What affects car insurance rates in Cerro, New Mexico?

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

Commute Time in Cerro

The more time you spend in your car the higher the risk of an accident. The average commute length in Cerro, NM is 30.4 minutes according to City-Data.

Compare Car Insurance Quotes in Cerro, NM

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

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