Cheap Auto Insurance in Albuquerque, New Mexico (2025)

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 $133 per month for auto insurance, which is higher than the New Mexico state overall average of $112 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 $47/mo*	Average price Prices based on average across state-minimum and full coverage car insurance $56/mo*	Average price Prices based on average across state-minimum and full coverage car insurance $58/mo*	Average price Prices based on average across state-minimum and full coverage car insurance $92/mo*	Average price Prices based on average across state-minimum and full coverage car insurance $99/mo*	Average price Prices based on average across state-minimum and full coverage car insurance $112/mo*
Overall rating 4.2 5,993 reviews	Overall rating 4.9 1,177 reviews	Overall rating 4.0 6,402 reviews	Overall rating 4.0 3,619 reviews	Overall rating 3.5 6,845 reviews	Overall rating 4.4 483 reviews
Value for money 3.9/5	Value for money 4.9/5	Value for money 3.9/5	Value for money 3.7/5	Value for money 3.5/5	Value for money 4.1/5
Customer service 4.2/5	Customer service 4.7/5	Customer service 4.0/5	Customer service 3.9/5	Customer service 3.5/5	Customer service 4.1/5
Claims handling 4.2/5	Claims handling 4.9/5	Claims handling 4.1/5	Claims handling 3.9/5	Claims handling 3.5/5	Claims handling 4.5/5
Special highlight AI-generated from 5993 user reviews Customer service	Special highlight AI-generated from 1177 user reviews Members of the military community	Special highlight AI-generated from 6402 user reviews Teen drivers	Special highlight AI-generated from 3619 user reviews Accident forgiveness	Special highlight AI-generated from 6845 user reviews Competitive rates	Special highlight AI-generated from 483 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	4.2 5,993 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.	$37/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.	$71/mo

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Driver Reviews

4.2

Best choiceBased on 11,093 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 (5,993)

Kevin

May 14, 2025

Verified Review

Friends in Need

The main thing with SF is their rates; in my opinion, they are too high. The good side is that they are understanding and prompt. My wife and I have had 3 or 4 cars covered by SF plus home insurance. They always treat us fairly, just so high!

Robert

May 14, 2025

Verified Review

State Farm needs help

Good for car insurance but difficult getting claims approved on homeowners.

Sergio

May 14, 2025

Verified Review

Look very carefully before switching.

I don't have anything bad to say about State Farm. To compare with another company, it's important to look carefully at options. All options should be equal before deciding which company to choose.

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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.

848

NAIC Index

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

0.78

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 1,177 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.	9.4 /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.	$44/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.	$84/mo

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Driver Reviews

4.9

Best choiceBased on 2,063 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 (1,177)

Anthony

May 13, 2025

Verified Review

Dare to compare

Very happy overall, with the exception of cost increases.

John

May 12, 2025

Verified Review

Rates

Their rates have gone up significantly, and as a result, I will be looking at alternatives.

Dawn

May 11, 2025

Verified Review

The premiums are too high, I've only had one claim so I'm already shopping

I've been with them for ten years now and I've only had one claim. Now I'm being treated like a convict.

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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.

856

NAIC Index

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

1.35

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 6,402 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 /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.	$46/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.	$87/mo

Show Details

Driver Reviews

4.0

Best choiceBased on 11,874 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 (6,402)

Barbara

May 14, 2025

Verified Review

Excellent

Good company but costs too much.

Mary

May 14, 2025

Verified Review

Not the best rate or policy combination

I am just looking for better rates and a 1-year payment option, not 6 months. I signed up for no spousal coverage and sent the signed document in, but Guiko sent an email stating they do not have it. I do not want it! Guiko does not offer 1-year insurance or even combine my policies—I have a truck, side by side, and rental property (I own the property but have it in an LLC). Sole owner SLLC.

Patricia

May 14, 2025

Verified Review

Geico Meets My Car Insurance Needs

I have been with Geico for quite a while but haven’t filed any claims. I do think they are a good company.

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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.

827

NAIC Index

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

0.74

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: State Farm

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 $84 per month, according to Insurify data. Here are the cheapest liability coverage options available in Albuquerque.

The below rates are estimated rates current as of: Thursday, May 1 at 12:00 PM PDT. 

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.

Read Editorial Guidelines

View Full Bio

Insurance Company	Average Monthly Quote
State Farm	$37
USAA	$44
GEICO	$46
The General	$67
National General	$67
Allstate	$73
Root	$75
Progressive	$79
Farmers	$87
Nationwide	$89
Dairyland	$91
Safeco	$94
Bristol West	$94
GAINSCO	$105
Foremost	$116
Direct Auto	$123
Liberty Mutual	$168

Disclaimer: Table data sourced from real-time quotes from Insurify's 50-plus partner insurance providers and quote estimates from Quadrant Information Services. Actual quotes 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 $182 in Albuquerque. The insurers below offer some of the best rates for full-coverage insurance.

The below rates are estimated rates current as of: Thursday, May 1 at 12:00 PM PDT. 

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.

Read Editorial Guidelines

View Full Bio

Insurance Company	Average Monthly Quote
State Farm	$71
USAA	$84
GEICO	$87
Root	$132
Allstate	$139
Progressive	$149
Farmers	$167
National General	$167
Nationwide	$169
Safeco	$176
The General	$182
Direct Auto	$193
Dairyland	$235
Liberty Mutual	$266
Bristol West	$269
GAINSCO	$274
Foremost	$370

Disclaimer: Table data sourced from real-time quotes from Insurify's 50-plus partner insurance providers and quote estimates from Quadrant Information Services. Actual quotes 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 $37/mo. for drivers with incidents on their records

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Based on 3,806+ reviews

4.8/5

Cheapest car insurance for drivers with a speeding ticket: State Farm

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 $271 per month, and liability-only coverage to $125. 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 are estimated rates current as of: Thursday, May 1 at 12:00 PM PDT. 

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.

Read Editorial Guidelines

View Full Bio

Insurance Company	Clean Record	With Ticket
State Farm	$37	$49
USAA	$44	$59
The General	$67	$94
National General	$67	$90
Allstate	$73	$99
Root	$75	$110
Progressive	$79	$108
Farmers	$87	$118
Nationwide	$89	$121
Dairyland	$91	$123
Safeco	$94	$130
Bristol West	$94	$129
GAINSCO	$105	$150
Direct Auto	$123	$167
Liberty Mutual	$168	$240

Disclaimer: Table data sourced from real-time quotes from Insurify's 50-plus partner insurance providers and quote estimates from Quadrant Information Services. Actual quotes may vary based on the policy buyer's unique driver profile.

Cheapest car insurance for drivers with an at-fault accident: State Farm

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 $275 for full coverage and $127 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 are estimated rates current as of: Thursday, May 1 at 12:00 PM PDT. 

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.

Read Editorial Guidelines

View Full Bio

Insurance Company	Clean Record	With Accident
State Farm	$37	$51
USAA	$44	$61
The General	$67	$96
National General	$67	$92
Allstate	$73	$101
Root	$75	$113
Progressive	$79	$113
Farmers	$87	$121
Nationwide	$89	$124
Dairyland	$91	$126
Safeco	$94	$136
Bristol West	$94	$131
GAINSCO	$105	$141
Direct Auto	$123	$175
Liberty Mutual	$168	$245

Disclaimer: Table data sourced from real-time quotes from Insurify's 50-plus partner insurance providers and quote estimates from Quadrant Information Services. Actual quotes may vary based on the policy buyer's unique driver profile.

Cheapest car insurance for drivers with a DUI: State Farm

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 $311 for full coverage and $144 for minimum coverage policies. Here are the cheapest car insurance options in Albuquerque for drivers with a DUI.

The below rates are estimated rates current as of: Thursday, May 1 at 12:00 PM PDT. 

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.

Read Editorial Guidelines

View Full Bio

Insurance Company	Clean Record	With DUI
State Farm	$37	$61
USAA	$44	$73
The General	$67	$111
National General	$67	$111
Allstate	$73	$121
Root	$75	$115
Progressive	$79	$131
Farmers	$87	$144
Nationwide	$89	$148
Dairyland	$91	$151
Safeco	$94	$153
Bristol West	$94	$156
GAINSCO	$105	$174
Direct Auto	$123	$204
Liberty Mutual	$168	$279

Disclaimer: Table data sourced from real-time quotes from Insurify's 50-plus partner insurance providers and quote estimates from Quadrant Information Services. Actual quotes may vary based on the policy buyer's unique driver profile.

Cheapest car insurance for seniors: State Farm

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 $137 per month for full coverage and $63 for liability only. Senior drivers looking for cheap car insurance rates should consider the following companies.

The below rates are estimated rates current as of: Thursday, May 1 at 12:00 PM PDT. 

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.

Read Editorial Guidelines

View Full Bio

Insurance Company	Liability Only	Full Coverage
State Farm	$27	$52
USAA	$33	$64
National General	$48	$120
The General	$51	$138
Progressive	$53	$101
Allstate	$56	$106
Root	$61	$108
Nationwide	$63	$119
Farmers	$64	$123
Dairyland	$70	$180
Bristol West	$72	$206
Safeco	$77	$144
GAINSCO	$83	$216
Direct Auto	$90	$142
Liberty Mutual	$133	$210

Disclaimer: Table data sourced from real-time quotes from Insurify's 50-plus partner insurance providers and quote estimates from Quadrant Information Services. Actual quotes may vary based on the policy buyer's unique driver profile.

Cheapest car insurance for teens: State Farm

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 $363 for full coverage and $168 for minimum coverage.

Here are the cheapest companies for teen drivers in Albuquerque.

The below rates are estimated rates current as of: Thursday, May 1 at 12:00 PM PDT. 

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.

Read Editorial Guidelines

View Full Bio

Insurance Company	Liability Only	Full Coverage
State Farm	$71	$137
USAA	$83	$158
The General	$117	$319
Root	$126	$221
National General	$141	$351
Allstate	$146	$278
Progressive	$152	$287
Dairyland	$158	$408
Farmers	$168	$323
Nationwide	$175	$333
Bristol West	$175	$500
Safeco	$199	$373
GAINSCO	$201	$524
Direct Auto	$250	$392
Liberty Mutual	$313	$496

Disclaimer: Table data sourced from real-time quotes from Insurify's 50-plus partner insurance providers and quote estimates from Quadrant Information Services. Actual quotes 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 $182 per month for full-coverage car insurance, which is higher than the full-coverage national average of $195. 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 $182 per month for full-coverage insurance and $84 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	$142	$56
Farmington	$121	$54
Hobbs	$175	$68
Las Cruces	$144	$67
Rio Rancho	$165	$77
Roswell	$150	$62
Santa Fe	$154	$69

Disclaimer: Table data sourced from real-time quotes from Insurify's 50-plus partner insurance providers. Actual quotes may vary based on the policy buyer's unique driver profile.

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