Cheap Auto Insurance in Albuquerque, New Mexico (2026)

Set in the Chihuahuan Desert, Albuquerque has stunning natural beauty and a bustling urban economy. And, as New Mexico’s most populous city, its roads are busy — which may explain the higher auto insurance rates. Albuquerque drivers pay an overall average of $120 per month for auto insurance, which is higher than the New Mexico state overall average of $95 per month. 

Here’s what you need to know about finding the most affordable car insurance in Albuquerque.

6 of the best car insurance companies in Albuquerque

The best car insurance company for you will depend on your specific needs as a driver, as well as your driving record and more. The following table outlines six of the best car insurance companies in Albuquerque and the drivers these companies best serve.

Compare quotesCompare	Compare quotesCompare	Compare quotesCompare	Compare quotesCompare	Compare quotesCompare	Compare quotesCompare
Average price Prices based on average across state-minimum and full coverage car insurance $97/mo*	Average price Prices based on average across state-minimum and full coverage car insurance $116/mo*	Average price Prices based on average across state-minimum and full coverage car insurance $120/mo*	Average price Prices based on average across state-minimum and full coverage car insurance $191/mo*	Average price Prices based on average across state-minimum and full coverage car insurance $0/mo*	Average price Prices based on average across state-minimum and full coverage car insurance $232/mo*
Overall rating 4.0 7,038 reviews	Overall rating 4.9 1,447 reviews	Overall rating 4.0 7,309 reviews	Overall rating 3.8 4,204 reviews	Overall rating 3.2 8,003 reviews	Overall rating 4.2 506 reviews
Value for money 3.7/5	Value for money 4.9/5	Value for money 3.8/5	Value for money 3.3/5	Value for money 3.0/5	Value for money 3.6/5
Customer service 4.2/5	Customer service 4.8/5	Customer service 4.0/5	Customer service 3.8/5	Customer service 3.3/5	Customer service 4.0/5
Claims handling 4.1/5	Claims handling 4.9/5	Claims handling 4.1/5	Claims handling 3.8/5	Claims handling 3.3/5	Claims handling 4.3/5
Special highlight AI-generated from 7038 user reviews Customer service	Special highlight AI-generated from 1447 user reviews Members of the military community	Special highlight AI-generated from 7309 user reviews Teen drivers	Special highlight AI-generated from 4204 user reviews Accident forgiveness	Special highlight AI-generated from 8003 user reviews Competitive rates	Special highlight AI-generated from 506 user reviews Usage-based savings

Data in this table has been sourced from Insurify’s users who have indicated they are insured with the listed providers

Best insurer for cheap rates: State Farm

Cheap Rates

Compare Quotes

User Reviews	4.0 7,038 reviews
IQ Score The Insurify Quality (IQ) Score uses more than 15 criteria to objectively rate insurance companies on a one-to-ten scale. The Insurify editorial team researches insurer data to determine the final scores.	9.3 /10
Liability Only Liability-only insurance, sometimes called minimum-coverage insurance, pays for bodily injury and property damage to others in an accident the policyholder causes. It does not pay for the insured’s own damages.	$102/mo
Full Coverage Full-coverage car insurance generally includes liability, collision, and comprehensive coverage, and may include other optional coverages such as uninsured motorist coverage. Collision covers a policyholder’s repair or replacement costs in case of an accident. Comprehensive covers damages caused by non-accident events. The average quote displayed here reflects policies with the following coverage limits: $50,000 bodily injury liability per person; $100,000 bodily injury liability per accident; $50,00 property damage liability per accident; $1,000 collision deductible; and a $1,000 comprehensive deductible.	$135/mo

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Driver Reviews

4.0

Best choiceBased on 14,978 verified guest reviews and ratings

How drivers feel about State Farm

Customers appreciate the insurer’s excellent customer service and personal attention but dislike the high prices and frequent rate increases. They also express frustration with the claims process.

AI-generated from the text of verified reviews collected by Insurify

Best For

Customer service

Competitive rates

Discounts for safe drivers

How drivers feel about State Farm

Customers appreciate the insurer’s excellent customer service and personal attention but dislike the high prices and frequent rate increases. They also express frustration with the claims process.

AI-generated from the text of verified reviews collected by Insurify

Best For

Customer service

Competitive rates

Discounts for safe drivers

Reviews (7,038)

Stacey

Verified Review

State Farm's Simplicity is Not Minimal

Reviewed in South Dakota on February 15, 2026

State Farm has been great for me for over 30 years.

Dorothy

Verified Review

Good change

Reviewed in Florida on February 15, 2026

Check it out. I saved a great deal of money.

Larry

Verified Review

Average

Reviewed in Michigan on February 15, 2026

State Farm is too expensive.

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Our Advice

JD Power

J.D. Power data measures overall customer satisfaction and claims satisfaction based on a 1,000-point scale.

646

NAIC Index

Average amount of customer complaints relative to competitors on a 0-5 scale. A lower score represents fewer complaints.

0.84

A.M. Best

A.M. Best analyzes an insurer’s financials, operating performance, business profile, and other factors to generate an opinion-based rating of a company’s financial and credit strength. Ratings range from A++ (exceptional) to D (poor).

A++

Why we picked this company

State Farm is the largest car insurance company in the country by market share. It offers a wide array of insurance coverage options, including roadside assistance, rental car insurance, and rideshare insurance. Albuquerque drivers who choose State Farm tend to pay rates well below the city average.

Drivers can save even more when they bundle their auto insurance with homeowners insurance or renters insurance from State Farm.

Pros

• Lowest average cost for full-coverage insurance in Albuquerque

• Above-average J.D. Power customer satisfaction score

• Drive Safe and Save telematics program rewards safe driving

Cons

• Mixed customer reviews on sites like Trustpilot 

• Above-average amount of customer complaints to the National Association of Insurance Commissioners (NAIC)

• May lack the personalized attention you’d get from a smaller insurer

Best insurer for drivers with a DUI: USAA

Drivers with a DUI

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User Reviews	4.9 1,447 reviews
IQ Score The Insurify Quality (IQ) Score uses more than 15 criteria to objectively rate insurance companies on a one-to-ten scale. The Insurify editorial team researches insurer data to determine the final scores.	9.1 /10
Liability Only Liability-only insurance, sometimes called minimum-coverage insurance, pays for bodily injury and property damage to others in an accident the policyholder causes. It does not pay for the insured’s own damages.	$123/mo
Full Coverage Full-coverage car insurance generally includes liability, collision, and comprehensive coverage, and may include other optional coverages such as uninsured motorist coverage. Collision covers a policyholder’s repair or replacement costs in case of an accident. Comprehensive covers damages caused by non-accident events. The average quote displayed here reflects policies with the following coverage limits: $50,000 bodily injury liability per person; $100,000 bodily injury liability per accident; $50,00 property damage liability per accident; $1,000 collision deductible; and a $1,000 comprehensive deductible.	$163/mo

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Driver Reviews

4.9

Best choiceBased on 2,945 verified guest reviews and ratings

How drivers feel about USAA

Customers appreciate the insurer’s reliable customer service and claim handling but express concerns about high rates and frequent price increases. Some also find the insurer’s security protocols and communication methods frustrating.

AI-generated from the text of verified reviews collected by Insurify

Best For

Members of the military community

Outstanding customer service

Competitive rates

How drivers feel about USAA

Customers appreciate the insurer’s reliable customer service and claim handling but express concerns about high rates and frequent price increases. Some also find the insurer’s security protocols and communication methods frustrating.

AI-generated from the text of verified reviews collected by Insurify

Best For

Members of the military community

Outstanding customer service

Competitive rates

Reviews (1,447)

Russell

Verified Review

Good insurance - Super expensive premiums

Reviewed in Florida on February 14, 2026

The product is good. The price is not. Very expensive. The service is excellent, but the insurance is expensive. Customer service is very good, but the price is expensive.

Edward

Verified Review

Veterans' Best Insurance Company

Reviewed in Nebraska on February 14, 2026

USAA gave me a favorable price over the competition, and I’ve been with them for 1 1/2 years now.

Paul

Verified Review

Premiums Too High

Reviewed in Pennsylvania on February 14, 2026

As a disabled veteran, I find USAA’s premiums to be too high.

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JD Power

J.D. Power data measures overall customer satisfaction and claims satisfaction based on a 1,000-point scale.

733

NAIC Index

Average amount of customer complaints relative to competitors on a 0-5 scale. A lower score represents fewer complaints.

1.31

A.M. Best

A.M. Best analyzes an insurer’s financials, operating performance, business profile, and other factors to generate an opinion-based rating of a company’s financial and credit strength. Ratings range from A++ (exceptional) to D (poor).

A++

Why we picked this company

New Mexico drivers who get a DUI can lose their license for up to a year and tend to face higher car insurance rates once the state reinstates their license. Luckily, USAA offers relatively low rates in Albuquerque. Drivers in USAA’s SafePilot program can earn an even lower rate if they drive safely.

USAA has years of industry experience and earns high marks in customer satisfaction from J.D. Power. Drivers should note that USAA policies are only available to active-duty, reserve, and retired military members and their families.

Pros

• Best-in-class customer satisfaction scores

• Several discounts that reward safe driving and good grades

• Some of the lowest rates in Albuquerque

Cons

• Only available to military members, veterans, and their families

• Above-average amount of customer complaints to the NAIC

• Rideshare coverage not available

Best insurer for teen drivers: GEICO

Teen Drivers

Compare Quotes

User Reviews	4.0 7,309 reviews
IQ Score The Insurify Quality (IQ) Score uses more than 15 criteria to objectively rate insurance companies on a one-to-ten scale. The Insurify editorial team researches insurer data to determine the final scores.	9.2 /10
Liability Only Liability-only insurance, sometimes called minimum-coverage insurance, pays for bodily injury and property damage to others in an accident the policyholder causes. It does not pay for the insured’s own damages.	$127/mo
Full Coverage Full-coverage car insurance generally includes liability, collision, and comprehensive coverage, and may include other optional coverages such as uninsured motorist coverage. Collision covers a policyholder’s repair or replacement costs in case of an accident. Comprehensive covers damages caused by non-accident events. The average quote displayed here reflects policies with the following coverage limits: $50,000 bodily injury liability per person; $100,000 bodily injury liability per accident; $50,00 property damage liability per accident; $1,000 collision deductible; and a $1,000 comprehensive deductible.	$167/mo

Show Details

Driver Reviews

4.0

Best choiceBased on 15,265 verified guest reviews and ratings

How drivers feel about GEICO

Customers appreciate the reliability and customer service but find the rates to be high and increase frequently, even without claims or accidents. The app has improved, but some find the claims process lacking.

AI-generated from the text of verified reviews collected by Insurify

Best For

Teen drivers

Cheap rates

Accident forgiveness

How drivers feel about GEICO

Customers appreciate the reliability and customer service but find the rates to be high and increase frequently, even without claims or accidents. The app has improved, but some find the claims process lacking.

AI-generated from the text of verified reviews collected by Insurify

Best For

Teen drivers

Cheap rates

Accident forgiveness

Reviews (7,309)

Corandole

Verified Review

Affordable price

Reviewed in Texas on February 15, 2026

Good

Dorothy

Verified Review

Average

Reviewed in New Jersey on February 15, 2026

Rates every six months are much higher.

Pamela

Verified Review

My Favorite Insurance 😍 Geico

Reviewed in Florida on February 15, 2026

Love them! I've been with them for over 18 years for car and renters insurance. They listen.

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Our Advice

JD Power

J.D. Power data measures overall customer satisfaction and claims satisfaction based on a 1,000-point scale.

618

NAIC Index

Average amount of customer complaints relative to competitors on a 0-5 scale. A lower score represents fewer complaints.

0.59

A.M. Best

A.M. Best analyzes an insurer’s financials, operating performance, business profile, and other factors to generate an opinion-based rating of a company’s financial and credit strength. Ratings range from A++ (exceptional) to D (poor).

A++

Why we picked this company

Albuquerque teens age 15 and older can apply for an instructional permit. Teen drivers statistically get into a larger number of accidents, which is why they tend to pay higher car insurance rates on average. Luckily, GEICO offers several discounts to young drivers.

GEICO already offers some of the most affordable auto insurance in Albuquerque. Teen drivers can save up to 15% when they maintain a “B” average or better in school.

Pros

• AM Best financial strength rating of A++ (Superior)

• DriveEasy telematics program rewards safe driving

• Above-average J.D. Power claims satisfaction rating

Cons

• Below-average J.D. Power customer satisfaction score in the Southwest region

• Mixed customer reviews on BBB website

• Above-average amount of customer complaints to the NAIC

How to get the cheapest car insurance in Albuquerque

Drivers in Albuquerque pay car insurance rates that exceed the state average. Fortunately, drivers can save on their auto insurance policy with the following strategies:

• Pick the right vehicle. Newer and more expensive vehicles often come with higher insurance rates. Choose a safer car, like a sedan over a sports car, if you’re looking for the cheapest rate.

• Choose a higher deductible. A deductible refers to the amount you pay out of pocket on a claim before your insurance kicks in. Drivers with higher deductibles generally pay lower monthly rates.

• Look for discounts. Car insurance companies like to reward drivers for safe driving, investing in safety features, and bundling their car insurance with other insurance products from the same company.

• Shop around. Car insurance prices vary by company. Receiving quotes from three or more auto insurance companies and comparing them side by side is the best way to find a low rate.

Cheapest liability-only car insurance in Albuquerque: Sun Coast

If you cause an accident, liability auto insurance covers medical bills and vehicle repair costs for the other driver and their passengers. It doesn’t provide any coverage for your vehicle damage or bodily injury. Liability-only insurance with minimum limits is the cheapest coverage option, but it often doesn’t provide sufficient coverage.^[3]

The average cost of liability insurance for Albuquerque drivers is $83 per month, according to Insurify data. Here are the cheapest liability coverage options available in Albuquerque.

The below rates in Albuquerque, NM, are estimated rates current as of: Thursday, February 12 at 11:00 AM PST. 

Data reviewed by Konstantin Halachev

Konstantin HalachevVP of Engineering & Data Science

• 7+ years experience in data analysis

• Ph.D. in Computational Biology

Konstantin has led data teams across multiple industries, including insurance, travel, and biology. He’s led Insurify’s engineering team for more than three years.

Insurance Company	Average Monthly Quote
Sun Coast	$70
The General	$73
National General	$73
Root	$76
Bristol West	$79
GAINSCO	$95
Safeco	$95
State Farm	$102
Direct Auto	$103
Dairyland	$111
USAA	$123
GEICO	$127
Liberty Mutual	$181
Allstate	$202
Farmers	$241
Nationwide	$245

Disclaimer: Table data sourced from real-time Albuquerque car insurance quotes from Insurify's 500+ partner insurance providers and quote estimates from Quadrant Information Services. Actual car insurance quotes in Albuquerque may vary based on the policy buyer's unique driver profile.

Cheapest full-coverage car insurance in Albuquerque: State Farm

Full-coverage car insurance includes liability, collision, and comprehensive coverage. Collision insurance covers the cost of repairs to your own car after an accident, while a comprehensive policy covers repair costs after damage from non-collision events, like theft or severe weather.^[4]

Because it provides more protection than liability-only coverage, a full-coverage policy may make sense for drivers of new, high-value, or financed vehicles. It can also make sense if you're unable to cover potentially high out-of-pocket expenses.

The average cost of full-coverage insurance is higher than liability-only coverage. Full-coverage car insurance costs a monthly average of $156 in Albuquerque. The insurers below offer some of the best rates for full-coverage insurance.

The below rates in Albuquerque, NM, are estimated rates current as of: Thursday, February 12 at 11:00 AM PST. 

Data reviewed by Konstantin Halachev

Konstantin HalachevVP of Engineering & Data Science

• 7+ years experience in data analysis

• Ph.D. in Computational Biology

Konstantin has led data teams across multiple industries, including insurance, travel, and biology. He’s led Insurify’s engineering team for more than three years.

Insurance Company	Average Monthly Quote
State Farm	$135
Root	$137
USAA	$163
National General	$164
GEICO	$167
Sun Coast	$167
Safeco	$181
Direct Auto	$185
Bristol West	$190
The General	$193
Liberty Mutual	$248
GAINSCO	$267
Allstate	$267
Dairyland	$277
Farmers	$320
Nationwide	$325

Disclaimer: Table data sourced from real-time Albuquerque car insurance quotes from Insurify's 500+ partner insurance providers and quote estimates from Quadrant Information Services. Actual car insurance quotes in Albuquerque may vary based on the policy buyer's unique driver profile.

Car insurance requirements in New Mexico

Drivers in New Mexico must carry a minimum amount of liability insurance to drive legally in the state, including bodily injury and property damage liability. New Mexico is an at-fault state, which means the at-fault driver’s liability insurance will cover the other driver’s repair costs and medical costs in the event of an accident.

You can find New Mexico’s specific minimum liability insurance requirements below.^[5]

Coverage	Minimum Requirements
Bodily injury liability	$25,000 per person and $50,000 per accident
Property damage liability	$10,000 per accident

New Mexico drivers can choose the following optional coverages for some added protection:

• 

  Collision coverage

  If you have an accident with another vehicle or object, collision coverage pays for damages to your vehicle, regardless of fault.

• 

  Comprehensive coverage

  If a non-collision event — such as theft, vandalism, fire, or severe weather — damages your vehicle, comprehensive coverage kicks in.

• 

  Uninsured/underinsured motorist coverage

  Uninsured/underinsured motorist coverage protects you if you have an accident with someone who doesn’t have any or enough insurance to cover your damages.

Cheapest car insurance for drivers with an incident

Your car insurance rates will likely increase if you have a traffic violation, which includes speeding tickets, driving under the influence, at-fault accidents, and other moving violations. Car insurance companies will see you as more likely to file future claims, so they charge more to offset this risk.^[6]

How much your car insurance rates increase in Albuquerque will vary based on the company you purchase a policy from and the severity of your violation. It usually takes a few years of safe driving to bring your rates back down after they increase due to an incident.

Find Car Insurance in Albuquerque

Minimum-coverage policies start at $70/mo. for drivers with incidents on their records

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Cheapest car insurance for drivers with a speeding ticket: Sun Coast

Albuquerque has automated speed-enforcement zones, which use speed cameras to penalize drivers who exceed the speed limit. Speeding citations from these automated areas can come with a fine of up to $100. People in Albuquerque with speeding tickets on their driving record also tend to pay a bit more for car insurance than people with a clean record.^[7]

A speeding ticket pushes the average cost of full coverage in Albuquerque to $181 per month, and liability-only coverage to $96. Here are the cheapest car insurance companies for liability coverage in Albuquerque if you have a speeding ticket in your driving history.

The below rates in Albuquerque, NM, are estimated rates current as of: Thursday, February 12 at 11:00 AM PST. 

Data reviewed by Konstantin Halachev

Konstantin HalachevVP of Engineering & Data Science

• 7+ years experience in data analysis

• Ph.D. in Computational Biology

Konstantin has led data teams across multiple industries, including insurance, travel, and biology. He’s led Insurify’s engineering team for more than three years.

Insurance Company	Clean Record	With Ticket
Sun Coast	$70	$81
The General	$73	$94
National General	$73	$87
Root	$76	$98
Bristol West	$79	$95
GAINSCO	$95	$109
Safeco	$95	$121
State Farm	$102	$124
Direct Auto	$103	$124
Dairyland	$111	$132
USAA	$123	$153
GEICO	$127	$160
Liberty Mutual	$181	$222
Allstate	$202	$253
Farmers	$241	$297
Nationwide	$245	$306

Disclaimer: Table data sourced from real-time Albuquerque car insurance quotes from Insurify's 500+ partner insurance providers and quote estimates from Quadrant Information Services. Actual car insurance quotes in Albuquerque may vary based on the policy buyer's unique driver profile.

Cheapest car insurance for drivers with an at-fault accident: Sun Coast

Drivers in Albuquerque with an at-fault accident on their record pay more on average for car insurance than drivers with a clean record. The severity of the accident and the extent of the claims payout can also influence how much your premium increases. If you have multiple accidents, your insurance company may even choose not to renew your policy.^[8]

The average monthly cost of car insurance is $218 for full coverage and $116 for liability for Albuquerque drivers with an at-fault accident on their records. Here's how an accident affects liability-only quotes from some top insurers in Albuquerque.

The below rates in Albuquerque, NM, are estimated rates current as of: Thursday, February 12 at 11:00 AM PST. 

Data reviewed by Konstantin Halachev

Konstantin HalachevVP of Engineering & Data Science

• 7+ years experience in data analysis

• Ph.D. in Computational Biology

Konstantin has led data teams across multiple industries, including insurance, travel, and biology. He’s led Insurify’s engineering team for more than three years.

Insurance Company	Clean Record	With Accident
Sun Coast	$70	$98
The General	$73	$103
National General	$73	$100
Root	$76	$104
Bristol West	$79	$107
GAINSCO	$95	$125
Safeco	$95	$136
State Farm	$102	$139
Direct Auto	$103	$144
Dairyland	$111	$150
USAA	$123	$169
GEICO	$127	$170
Liberty Mutual	$181	$248
Allstate	$202	$278
Farmers	$241	$330
Nationwide	$245	$338

Disclaimer: Table data sourced from real-time Albuquerque car insurance quotes from Insurify's 500+ partner insurance providers and quote estimates from Quadrant Information Services. Actual car insurance quotes in Albuquerque may vary based on the policy buyer's unique driver profile.

Cheapest car insurance for drivers with a DUI: Sun Coast

A DUI is one of the most severe traffic violations you can receive. New Mexico drivers who drive under the influence will lose their license for six months after a first offense, and up to a year after a second offense. New Mexico law states that any DUI conviction will stay on a driver’s record for up to 55 years. Your insurance rates will also increase significantly following a DUI.^[9]

Albuquerque drivers with DUIs see average monthly rates of $227 for full coverage and $121 for minimum coverage policies. Here are the cheapest car insurance options in Albuquerque for drivers with a DUI.

The below rates in Albuquerque, NM, are estimated rates current as of: Thursday, February 12 at 11:00 AM PST. 

Data reviewed by Konstantin Halachev

Konstantin HalachevVP of Engineering & Data Science

• 7+ years experience in data analysis

• Ph.D. in Computational Biology

Konstantin has led data teams across multiple industries, including insurance, travel, and biology. He’s led Insurify’s engineering team for more than three years.

Insurance Company	Clean Record	With DUI
Sun Coast	$70	$102
The General	$73	$107
National General	$73	$107
Root	$76	$112
Bristol West	$79	$115
GAINSCO	$95	$139
Safeco	$95	$149
State Farm	$102	$149
Direct Auto	$103	$150
Dairyland	$111	$162
USAA	$123	$180
GEICO	$127	$185
Liberty Mutual	$181	$264
Allstate	$202	$295
Farmers	$241	$352
Nationwide	$245	$358

Disclaimer: Table data sourced from real-time Albuquerque car insurance quotes from Insurify's 500+ partner insurance providers and quote estimates from Quadrant Information Services. Actual car insurance quotes in Albuquerque may vary based on the policy buyer's unique driver profile.

Cheapest car insurance for seniors: National General

In Albuquerque, 15% of the population is over the age of 65, which is lower than New Mexico’s overall proportion of 65+ residents (19%).^[10] Your age can affect how much you pay for car insurance. While young people pay the most for car insurance, rates can also increase a bit for senior drivers. Drivers older than 75 may face increased rates due to aging-related risks.

On average, car insurance costs Albuquerque seniors $132 per month for full coverage and $70 for liability only. Senior drivers looking for cheap car insurance rates should consider the following companies.

The below rates in Albuquerque, NM, are estimated rates current as of: Thursday, February 12 at 11:00 AM PST. 

Data reviewed by Konstantin Halachev

Konstantin HalachevVP of Engineering & Data Science

• 7+ years experience in data analysis

• Ph.D. in Computational Biology

Konstantin has led data teams across multiple industries, including insurance, travel, and biology. He’s led Insurify’s engineering team for more than three years.

Insurance Company	Liability Only	Full Coverage
National General	$57	$128
Sun Coast	$59	$142
The General	$61	$161
Root	$63	$114
Bristol West	$65	$157
State Farm	$79	$105
GAINSCO	$80	$225
Direct Auto	$82	$148
Safeco	$82	$157
Dairyland	$94	$234
USAA	$99	$131
GEICO	$100	$132
Liberty Mutual	$150	$205
Allstate	$163	$215
Nationwide	$186	$247
Farmers	$189	$252

Disclaimer: Table data sourced from real-time Albuquerque car insurance quotes from Insurify's 500+ partner insurance providers and quote estimates from Quadrant Information Services. Actual car insurance quotes in Albuquerque may vary based on the policy buyer's unique driver profile.

Cheapest car insurance for teens: The General

Teen drivers are nearly three times more likely to get in a fatal crash than drivers older than 20, Centers for Disease Control and Prevention (CDC) data shows.^[11] Due to their lack of driving experience, teens are risky to insure, which is why car insurance companies tend to charge them higher rates. In Albuquerque, teens typically pay more for car insurance than any other age group.

Teen drivers can save by joining their parents’ existing car insurance policy, purchasing a safe vehicle, and earning a good student discount. The average cost of car insurance for teen drivers in Albuquerque is $319 for full coverage and $169 for minimum coverage.

Here are the cheapest companies for teen drivers in Albuquerque.

The below rates in Albuquerque, NM, are estimated rates current as of: Thursday, February 12 at 11:00 AM PST. 

Data reviewed by Konstantin Halachev

Konstantin HalachevVP of Engineering & Data Science

• 7+ years experience in data analysis

• Ph.D. in Computational Biology

Konstantin has led data teams across multiple industries, including insurance, travel, and biology. He’s led Insurify’s engineering team for more than three years.

Insurance Company	Liability Only	Full Coverage
The General	$136	$360
Root	$140	$252
Sun Coast	$143	$341
Bristol West	$150	$360
National General	$156	$351
GAINSCO	$185	$521
Dairyland	$200	$498
Safeco	$202	$386
State Farm	$209	$277
Direct Auto	$211	$378
GEICO	$242	$318
USAA	$242	$320
Liberty Mutual	$339	$465
Allstate	$423	$558
Farmers	$506	$672
Nationwide	$507	$672

Disclaimer: Table data sourced from real-time Albuquerque car insurance quotes from Insurify's 500+ partner insurance providers and quote estimates from Quadrant Information Services. Actual car insurance quotes in Albuquerque may vary based on the policy buyer's unique driver profile.

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Albuquerque car insurance quotes by credit tier

New Mexico doesn’t allow car insurance companies to use a lack of credit history as a factor in setting car insurance premiums. But if you do have a credit history, car insurance companies may look at your credit score as one factor influencing your rates. Drivers in Albuquerque with excellent or good credit scores typically pay less than those with poor credit scores.

Here are the average full-coverage car insurance rates for Albuquerque drivers by credit tier.

Is car insurance more expensive in Albuquerque?

Drivers in Albuquerque pay $156 per month for full-coverage car insurance, which is higher than the full-coverage national average of $174. Albuquerque’s rates are also higher than the New Mexico state average. Rates vary by city and ZIP code based on a variety of factors, including property values, crime rates, and weather patterns.

More cities in New Mexico

Car insurance rates can vary significantly even within a state. On average, Albuquerque drivers pay $156 per month for full-coverage insurance and $83 for liability-only. Here’s how Albuquerque’s average monthly insurance rates compare to other major cities in the state.

City	Full Coverage	Liability Only
Clovis	$110	$53
Farmington	$101	$55
Hobbs	$140	$70
Las Cruces	$114	$70
Rio Rancho	$144	$82
Roswell	$118	$60
Santa Fe	$129	$69

Disclaimer: Table data is based on real-time Albuquerque quotes from Insurify’s network of 500+ insurance partners. Actual rates may vary depending on the policyholder’s individual profile and coverage needs.

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