Albuquerque Auto Insurance Rates, Quotes, Agents & Reviews in NM

Albuquerque, NM Auto Insurance Rates, Quotes, Agents & Reviews

Zimlon, through its research, found that car owners in Albuquerque, NM, can avail multiple discounts on car insurance by taking various factors into consideration. These factors are explored in detail by Zimlon in the analysis below.

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Auto Insurance Cost in Albuquerque, NM

The average cost of car insurance in Albuquerque, NM is $1356.  Auto Insurance quotes vary widely based on individual rating factors which are explored more thoroughly by Zimlon below. The cheapest type of auto insurance that a person can have varies depending on their age and location when purchasing it as well as other various different requirements set forth by state law or any company they may be buying from with a range of rates.

Check out the factors and related discounts available in Albuquerque in detail given below.

Multi Car Insurance Rates 

Car owners in Albuquerque can save money on insurance by bundling coverage from the same provider. Bundled rates are lower because one company is handling your policies and claims instead of multiple companies.The average savings one can get are as follows;


Based on age age of the driver

The insurance rates for teenagers and young drivers are inflated because they are seen as more irresponsible behind the wheel. In Albuquerque, teens pay a higher average of $4400 in auto insurance costs than older adults aged 30-40 years old who only spend an average of $1342  and $1291 respectively. Albuquerque car owners can get cheaper insurance rates by comparing age of driver-based policies and taking advantage of discounts like good student/driver discount or defensive driving.

Based on credit score

Car insurance can be cheaper for car owners who have excellent credit scores and clean driving records. Zimlon's research found that in Albuquerque if you are an "excellent" driver with a score of 800, your average annual premium is $1163 but when you make the same decision with more than one minor infraction or traffic violation on record less than 600, which could affect how much risk insurers see as acceptable to insure drivers like yourself at any given time, then your premiums will shoot up by 100%. In other words, car owners with good credit scores pay less premium whereas car owners with poor credit scores pay upto $2212 as their premium.

Based on security features 

Cars that are equipped with safety devices not only protect the vehicle and  passengers but can also save money.Car insurance companies will provide discounts to guardians of the road who install as many protective measures on their vehicles. The cost savings vary depending on which type or number of protective features have been installed. Zimlon’s research found that car owners in Albuquerque can reduce their auto insurance costs to $1261 by installing passive disabling devices. Installing features like an audible alarm or an active disabling device can also reduce the insurance costs to $1302 in Chelsea. Average Insurance cost for cars with active tracking devices is $1275.

Factors that can influence the cost of car insurance in Albuquerque, NM are listed below. It is imperative to understand these factors in order to reduce the cost of car insurance. It is also essential to strike a balance between the cost of insurance and the coverage requirements.

Albuquerque, NM Auto Insurance Rate Comparisons with Neighboring Locations | Back to Top

The following table compares the cost of insurance in Albuquerque, NM with that of other cities in and around Albuquerque.

Albuquerque North Valley Edith Endave South Valley Carnuel Los Ranchos de Albuquerque
Average Insurance Rates $1,356 $1,416 $1,468 $1,355 $1,400 $1,530

Albuquerque, NM Auto Insurance Rates vary Based on Deductibles in Neighboring Cities | Back to Top

The following table makes a comparison of the variation in car insurance rates in and around Albuquerque, NM based on the change in deductibles. A higher deductible leads to a decrease in the cost of car insurance.

Location Low Deductible ($500) High Deductible ($1000)
Albuquerque $1,231 $1,040
Bernalillo County $1,439 $1,215
Los Ranchos de Albuquerque $1,199 $1,013
South Valley $1,309 $1,106
North Valley $1,756 $1,483
Carnuel $1,380 $1,166
Edith Endave $1,882 $1,589
Sandia Heights $1,954 $1,650

Albuquerque, NM Auto Insurance Rates Based on the Age of the Driver | Back to Top

Teenagers in Albuquerque, NM usually pay a much higher car insurance rate compared to the rest of the state as they are generally considered to be less responsible behind the wheel. Middle-aged drivers are likely to pay lower car insurance premiums if they are considered to be safer drivers by insurance companies.

Age of Driver Insurance Cost
Teens $4,400
20 Years $1,742
30 Years $1,342
40 Years $1,291
50 Years $1,196
60 Years $1,212
70 Years $1,411

Albuquerque, NM Car Insurance Discounts for Multi-Car Insurance | Back to Top

Car owners in Albuquerque, NM can obtain discounts if they insure multiple vehicles with the same insurer. The average savings one can obtain are as follows:

Number of Cars Auto Insurance Cost Total Savings
2 Vehicles $2,332 $380
3 Vehicles $3,498 $570
4 Vehicles $4,665 $759

Savings on 2 Vehicles bundle:$380

Savings on 3 Vehicles bundle:$570

Savings on 4 Vehicles bundle:$759

Albuquerque, NM Post- DUI Auto Insurance Rates | Back to Top

Driving Under Influence (DUI) can be an added burden on your wallet. The cost of auto insurance will go up post-DUI. The below graph does a comparison of auto insurance rates before and after DUI in and around Albuquerque, NM.

Location Average Insurance Cost Post DUI Insurance Rate
Albuquerque $1,356 $2,135
Bernalillo County $1,239 $1,951
Los Ranchos de Albuquerque $1,530 $2,409
South Valley $1,355 $2,133
North Valley $1,416 $2,230
Carnuel $1,400 $2,204
Edith Endave $1,468 $2,311
Sandia Heights $1,603 $2,524

Albuquerque, NM Auto Insurance Rates Based on Credit Score | Back to Top

Car insurance companies can use the Credit Score of car drivers to determine car insurance rates. Car drivers with good credit can avail of substantial discounts on car insurance rates.

Credit Score Insurance Cost
Exceptional (800-850) $1,163
Excellent (740-799) $1,328
Good (670-739) $1,413
Average (580-669) $1,843
Poor (300-579) $2,212

Albuquerque, NM Auto Insurance Agents | Back to Top

Car owners can obtain quotes from multiple auto insurance companies. Comparing different quotes can help identify the cheapest auto insurance provider best suited for their coverage needs.

Agent Name Company Agent Address Contact Details
Belinda Barreras-Medrano State Farm 1201 Rio Grande Blvd NW, Albuquerque, 87104-2630 505-764-9111
Steve Kunkle State Farm 1336 Wy Blvd NE Ste E, Albuquerque, 87112-5000 505-292-5940
John Burlingame Farmers 2521 SAN PEDRO DR NE STE A, Albuquerque, 87110 (505) 884-5996
Teresa Allen Farmers 520 Chama St NE, Albuquerque, 87108 (505) 265-6693
Bob Conway Jr State Farm 2301 Juan Tabo Blvd NE, Albuquerque, 87112-1826 505-299-9547
Wafd Insurance Group Allstate 4400 Osuna Rd Ne Fl 2, Albuquerque, 87109 (505) 369-1900
Desert Mountain Agency Inc Travelers 8500 MENAUL BLVD STE B345, ALBUQUERQUE, 87112 505-888-8846
Usi Southwest Liberty Mutual Independent 320 OSUNA RD NE STE G1, ALBUQUERQUE, 87107 (505) 262-2621
Tom Kuan Liberty Mutual 6410 Coors Blvd Nw Ste 100, Albuquerque, 87120 1-505-899-5171
Daniels Insurance Travelers 320 Gold Sw Suite 700 Albuquerque, ABQ, 87102 None

Albuquerque, NM Auto Insurance Rates can Increase Based on Driving Violations | Back to Top

Auto insurance rates tend to increase depending on the type and number of driving violations. The driving violations can stay on the record for a considerable amount of time leading to higher auto insurance rates. The severity of the driving violation and place of residence will determine how long the violation stays on record.

Driving Violation Cost Increase Total Insurance Cost
Driving Without Headlights +$60 $1,416
Driver's Failure In Showing Documents +$132 $1,488
Driving With An Expired Registration +$140 $1,496
Driving At A Considerably Slow Pace +$294 $1,650
Using A Cellphone While Driving +$311 $1,667
Running A Red Light +$316 $1,672
Speeding +$332 $1,688
Driving A Vehicle Without The Required Permission +$422 $1,778
Driving With An Expired/Suspended License +$914 $2,270

Albuquerque, NM Auto Insurance Rates Based on Anti-Theft Feature | Back to Top

Cars that are equipped with safety devices are less prone to thefts. As a result, auto insurance companies provide a considerable amount of discounts to vigilant car owners. The discounts vary depending on the type and number of safety devices installed.

Anti Theft Feature Insurance Cost
Audible Alarm $1,302
Active Disabling Device $1,302
Tracking Device $1,275
Passive Disabling Device $1,261

Latest Auto Insurance Reviews in Albuquerque, NM | Back to Top

State Farm
I just renewed and my premium is a bit over $2,000. however I'm unsure of the deductible fully.Again, this company's was still lower than the others.
I routinely compare rates with other auto insurance companies in hopes of lowering my premiums,my loyalty savings keep their premiums lower than any other company can offer.
I would recommend this company in part because they have provided exceptional customer service, have the most fair premium and deductible, and offer discounts for good driving.
travelers is a great company. I have to switch companies soon, because they do not operate in texas, where i recently moved. i am researching companies in this state, and so far, travelers is by far cheaper than insurance in texas.
travelers is a great company. I have to switch companies soon, because they do not operate in texas, where i recently moved. i am researching companies in this state, and so far, travelers is by far cheaper than insurance in texas.
State Farm
There was one instance where a police officer forced me to give my information to the person that caused a wreck I was involved with. I tried to explain this to my insurance company but they went ahead and approved the claim thus increasing my premium.
Farm Bureau
I have never had an issue with our customer service representatives at our company. They have always been very informative and helpful with any questions that we have.
State Farm
I like State Farm because of their customer service. The agent deals directly with me and I never get a recording when I call for questions. I don't feel like a number, but a real person that means something to them.
Safeco Insurance
overall I feel that allstate is one of those best bang for your bucks company's where my dollar really stretches and I get a phenomenal bit of coverage for my home and auto
American National Property And Casualty Company
The company as a whole is satisfactory for the needs and services they provide. I like that the company offers discounts for bundling, multiple car discounts, and member rewards for years of holding a policy.
I dislike that it is difficult to reach the all-state when I am traveling abroad or at odd hours of the night
I like that the company is always available through either the phone or the phone app. I can do many things through the app, and if I need to call them the wait times are usually short to speak to a generally pleasant customer service rep.
Liberty Mutual
I have accident forgiveness that I can't get from others