Cheapest Car Insurance In Albuquerque, NM 2025
State Farm offers the most affordable minimum coverage car insurance in Albuquerque, costing an average of $40 per month.
We’ve saved shoppers an average of $600 per year on their car insurance.
Finding the most affordable car insurance in Albuquerque, NM, can be challenging, as prices vary widely.
For those needing budget-friendly liability-only coverage, State Farm stands out as the top choice. If you’re looking for full coverage at the best price, State Farm remains the most cost-effective option. However, young drivers can secure the lowest rates through USAA.
Cheapest Car Insurance In Albuquerque, NM
Cheapest Liability-only Car Insurance In Albuquerque: State Farm
State Farm offers the most affordable minimum coverage car insurance in Albuquerque, with an average monthly premium of $40.
Refer to the table below to compare rates from various insurance providers.
| Provider | Average Monthly Cost | Average Annual Cost |
| USAA | $45 | $540 |
| State Farm | $40 | $480 |
| National General | $63 | $756 |
| GEICO | $48 | $576 |
| Allstate | $70 | $840 |
Cheapest Full Coverage Insurance Rates In Albuquerque: State Farm
State Farm provides the lowest rates for full coverage car insurance in Albuquerque, with an average monthly cost of $71.
Check the table below to compare average quotes from other affordable insurers in Albuquerque.
| Provider | Average Monthly Cost | Average Annual Cost |
| Allstate | $144 | $1,728 |
| GEICO | $89 | $1,068 |
| Root | $125 | $1,500 |
| State Farm | $71 | $852 |
| USAA | $93 | $1,116 |
Cheapest Car Insurance Rates For Seniors: USAA
USAA offers the most affordable car insurance for seniors in Albuquerque, with an average monthly rate of $80.
The table below compares average quotes from the cheapest insurers for seniors.
| Provider | Average Monthly Cost | Average Annual Cost |
| Farm Bureau Mutual | $94 | $1,128 |
| USAA | $80 | $960 |
| Metropolitan | $112 | $1,344 |
| State Farm | $88 | $1,056 |
| Central Mutual | $105 | $1,260 |
Cheapest Rates In Albuquerque For Teenagers: USAA
Teen drivers in Albuquerque can get the lowest rates from USAA, with an average monthly premium of $182.
Check the table below for a comparison of the most affordable insurance rates for teenagers.
| Provider | Average Monthly Cost | Average Annual Cost |
| Farm Bureau | $290 | $3,480 |
| State Farm | $233 | $2,796 |
| USAA | $182 | $2,184 |
| Safeco | $391 | $4,692 |
| Central Mutual | $215 | $2,580 |
Cheapest Auto Insurance For Young Adults in Albuquerque: USAA
USAA provides the most affordable car insurance for young adults in Albuquerque, with an average monthly rate of $120.
Refer to the table below to compare the lowest insurance rates available for young adults.
| Provider | Average Monthly Cost | Average Annual Cost |
| State Farm | $148 | $1,776 |
| USAA | $120 | $1,440 |
| Safeco | $167 | $2,004 |
| Central Mutual | $150 | $1,800 |
| GEICO | $163 | $1,956 |
Cheapest Car Insurance In Albuquerque For Good Drivers: State Farm
Good drivers in Albuquerque can get the lowest car insurance rates from State Farm, with an average monthly cost of $41.
Check the table below to compare average quotes from the most affordable insurers for good drivers.
| Provider | Average Monthly Cost | Average Annual Cost |
| Allstate | $71 | $852 |
| GEICO | $51 | $612 |
| USAA | $46 | $552 |
| State Farm | $41 | $492 |
| Progressive | $75 | $900 |
Find Affordable Albuquerque Rates
Cheapest Car Insurance In Albuquerque After A Speeding Ticket: State Farm
State Farm offers some of the lowest rates in Albuquerque, with an average monthly cost of $50 for drivers with a speeding ticket.
Check the table below to compare average rates for drivers with a speeding violation.
| Provider | Average Monthly Cost | Average Annual Cost |
| USAA | $62 | $744 |
| State Farm | $50 | $600 |
| Allstate | $96 | $1,152 |
| National General | $85 | $1,020 |
| GEICO | $68 | $816 |
Cheapest For Drivers With After At-Fault Accident: State Farm
State Farm provides the most affordable car insurance for drivers with an at-fault accident, with an average monthly rate of $55.
Below is a list of insurance companies offering the lowest rates for drivers with an at-fault incident.
| Provider | Average Monthly Cost | Average Annual Cost |
| Allstate | $106 | $1,272 |
| GEICO | $71 | $852 |
| USAA | $65 | $780 |
| National General | $94 | $1,128 |
| State Farm | $55 | $660 |
Free Policy Review: Spot Gaps. Cut Costs.
Cheapest Rates In Albuquerque For Drivers After A DUI: State Farm
State Farm offers the most affordable rates for drivers in Albuquerque after a DUI, with average monthly premiums of $62.
Drivers with a DUI in Albuquerque can compare the cheapest rates in the table below.
| Provider | Average Monthly Cost | Average Annual Cost |
| Allstate | $125 | $1,500 |
| GEICO | $78 | $936 |
| State Farm | $62 | $744 |
| National General | $117 | $1,404 |
| USAA | $75 | $900 |
Best Car Insurance Companies In Albuquerque
In Albuquerque, State Farm provides the most affordable car insurance at $93 per month. USAA is another great option at $96 per month, while GEICO offers coverage for $126 per month.
Below is a ranking of the top 10 car insurance companies in Albuquerque, NM, based on their average monthly rates.
| Company | Monthly Premium |
| State Farm | $93 |
| USAA | $96 |
| GEICO | $126 |
| Metropolitan | $150 |
| Central Mutual | $157 |
| National General | $165 |
| Safeco | $169 |
| Allstate | $172 |
| Farm Bureau | $203 |
| Progressive | $214 |
Average Auto Insurance Rates In Albuquerque- By Age
Age plays a major role in determining car insurance rates. Younger drivers, especially teenagers, typically face higher premiums due to their inexperience and increased risk of accidents or traffic violations. On average, teens pay about $3,240 per year for coverage.
Once drivers reach 25, their insurance costs usually start to drop—provided they maintain a clean driving record.
The most affordable rates are often available to drivers in their 50s and early 60s. Insurance companies use age as a factor to gauge driving experience and risk, which directly impacts premium costs.
| Age | Average Yearly Rate |
| Teenagers | $3,240 |
| 20s | $2,232 |
| 30s | $1,656 |
| 40s | $1,752 |
| 50s | $1,536 |
| 60s | $1,488 |
| 70s | $1,560 |
Average Rates In Albuquerque- By Vehicle
The make, model, year, and body type of your vehicle can significantly affect your car insurance premiums. Generally, newer cars—especially luxury models with advanced features and higher replacement costs—come with higher insurance rates.
Use the table below to compare average insurance rates in Albuquerque for different types of vehicles.
| Vehicle | Average Monthly Rate |
| Honda Pilot | $225 |
| Nissan Frontier | $548 |
| Chevrolet Equinox | $167 |
| Lexus Ct | $153 |
| Toyota Sequoia | $210 |
How Much Is Car Insurance In Other Cities In New Mexico?
Where you live plays a major role in determining your car insurance rates. Insurance companies consider factors like accident frequency, vehicle theft, and vandalism rates, which tend to be higher in urban areas. This increased risk often leads to higher premiums.
For example, drivers in Santa Fe can expect to pay around $125 per month, while those in Los Alamos typically pay an average of $93 per month.
| City | Average Monthly Rate |
| Santa Fe | $125 |
| Los Alamos | $93 |
| Silver City | $82 |
| Farmington | $101 |
| Carlsbad | $123 |
| Artesia | $120 |
| Gallup | $136 |
| Roswell | $114 |
| Las Cruces | $109 |
Average Cost Of Auto Insurance In Albuquerque- By Zip Code
Insurance companies use zip codes to assess crime rates and other risk factors, which means car insurance costs can vary by location.
Check the table below to compare average insurance rates for different zip codes in Albuquerque.
| Zip Code | Average Monthly Rate |
| 87101 | $100 |
| 87102 | $164 |
| 87103 | $131 |
| 87105 | $155 |
| 87106 | $128 |
Find Affordable Albuquerque Rates
Our Methodology
Drawing upon a comprehensive analysis that encompasses multiple facets such as customer service ratings, product options, pricing, and a thorough evaluation of various online review sites and user experience, I've crafted an in-depth view of the landscape of car insurance providers in Albuquerque, NM.
Quotes Analyzed
Years Of Industry Experience
Brands Reviewed
Research Hours
FAQs
Who has the lowest car insurance rates in Albuquerque?
State Farm offers the lowest car insurance rates in Albuquerque, both for the minimum coverage required by the State of New Mexico and for full coverage, which includes comprehensive and collision coverage.
What is the average cost of car insurance in Albuquerque?
The average car insurance cost in Albuquerque is around $154 per month. However, rates can vary depending on factors such as your zip code, vehicle make and model, and driving history.
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