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Cheap Auto Insurance Quotes in Carlsbad, NM (June 2022)
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Edited by Tanveen Vohra | Reviewed by licensed insurance agent, Amber Benka
Last Updated February 4, 2022
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Car Insurance in Carlsbad, NM
The average cost of New Mexico car insurance will vary from city to city and between insurance companies. Insurify analyzed the latest insurance rates in Carlsbad, NM to find you the cheapest quotes in the area.
Quick Facts
- The average cost of car insurance in Carlsbad is $153 per month, or $1836 annually.
- Car insurance in Carlsbad is $3 less than the average cost of car insurance in New Mexico.
- The cheapest car insurance provider in Carlsbad on average is Progressive, but you should always compare quotes to find your best personal rate.
Quotes by Top Companies
Progressive$24
State Farm$52
Allstate$101
Nationwide$110
Travelers$118
Cheapest Car Insurance in Carlsbad, NM
The cost of car insurance can vary depending on the insurance provider. That’s because every insurance provider values information like your driving history and your credit score a little bit differently. Although the following car insurance companies offer the cheapest auto insurance premiums on average, it’s always important to compare quotes. Use Insurify to find your best rate today!
| Insurance Provider in Carlsbad | Quotes |
|---|---|
| Progressive | $24 /mo |
| State Farm | $52 /mo |
| Allstate | $101 /mo |
| Nationwide | $110 /mo |
| Travelers | $118 /mo |
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Average Car Insurance Cost
| New Mexico Cities | |
|---|---|
| Albuquerque | $131/mo |
| Las Cruces | $77/mo |
| Rio Rancho | $119/mo |
| Santa Fe | $99/mo |
| Carlsbad | $105/mo |
| New Mexico | $106/mo |
Las Cruces$77
Santa Fe$99
Carlsbad$105
Average for NM$106
Rio Rancho$119
Albuquerque$131
Click here to learn about car insurance quotes and save on your current policy.
Minimum Car Insurance Requirements in New Mexico
All motor vehicles operated or parked on New Mexico roadways are required to be insured. Proof of insurance must be carried in your car at all times and must be available when:
- Requested by law enforcement
- Renewing vehicle registration
- The vehicle is involved in a car accident
The minimum liability insurance requirements for private passenger vehicles in New Mexico[1] are:
- $25,000 per person for bodily injury
- $50,000 per accident for bodily injury
As a major part of your liability insurance, bodily injury coverage covers medical bills for people other than the policyholder who are injured during an accident. New Mexico is an at-fault state, meaning the driver who is responsible for the collision is also responsible for paying for any resulting expenses, either through their car insurance provider or out of pocket.
- $10,000 per accident for property damage
If it’s determined that an insured driver is at fault for an accident, this coverage pays for repairs to the property of the other involved parties. Additionally, property damage coverage can cover legal costs if the insured driver is involved in a lawsuit following the accident.
Find local Carlsbad agents
George Gandy Insurance, LLC
710 North Canyon,
Carlsbad, NM 88220-5818J S Ward & Son, Inc.
602 West Pierce,
Carlsbad, NM 88220HUB International Insurance Services
313 N Canyon St,
Carlsbad, NM 88220Dunagan Associates, Inc.
212 W Stevens St,
Carlsbad, NM 88220-5837Farmers Insurance - Richard Bradley
318 W Mermod St,
Carlsbad, NM 88220Shelby Hester: Allstate Insurance
1127 S Canal St,
Carlsbad, NM 88220Farmers Insurance - Roy Willis
312 N Canal St STE C,
Carlsbad, NM 88220Bonnie Ornelas - State Farm Insurance Agent
1002 W Pierce St,
Carlsbad, NM 88220Montgomery Insurance Agency
203 W Mermod St,
Carlsbad, NM 88220Tom McMullan - State Farm Insurance Agent
701 N Canal St B,
Carlsbad, NM 88220
FAQs - Carlsbad, NM Car Insurance
Insurance companies weigh multiple factors when calculating your car insurance rates, including your age, driving history, type of vehicle, and even your marital status. Not only do states have different laws and limits surrounding minimum liability coverage, but where you live within your state could also affect your driver risk profile. Insurance companies use your ZIP code to analyze your area’s weather patterns, rates of vehicle theft, likelihood of vandalism, average traffic congestion, and other factors that might lead you to file an insurance claim. If you want to pay the lowest possible rate on your car insurance policy, opt for state minimum coverage. This is the cheapest level of car insurance coverage your state will allow. Comparing real, ready-to-purchase quotes on a car insurance comparison site like Insurify can find you the lowest rates for your area, risk profile, and financial needs. Car insurance rates vary by state, driver, and company. Click here to find the cheapest car insurance quotes and companies in your area. If you’re looking for rates tailored to you, use Insurify to compare up to 10+ real quotes for your specific driver profile and unlock savings and discounts.
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Methodology
The car insurance quotes displayed are based on an analysis of Insurify’s database of over 40 million quotes from 500 ZIP codes nationwide. To obtain representative rates, Insurify’s data science team performs frequent comprehensive analyses of the factors car insurance providers weigh to calculate rates including driver demographics, driving record, credit score, desired coverage level, and more.
Insurify’s analysis also incorporates the Insurify Composite Score (ICS) assigned to each insurance provider. The ICS is a proprietary rating that weighs multiple factors reflecting the quality, reliability, and health of an insurance company. Ratings used to calculate the ICS include Financial Strength Ratings from A.M. Best, Standard & Poor’s, Moody’s, and Fitch; J.D. Power ratings; Consumer Reports customer satisfaction surveys and customer complaints; mobile app reviews; and user-generated company reviews.
With the above insights and ranking methods, Insurify is able to offer car insurance shoppers insight into how various insurance providers compare to one another in terms of both cost and quality. Note, actual quotes will vary based on unique attributes including the policyholder’s driver history and their garaging address.
Insurify Insights
How Carlsbad Drivers Measure Up
While most drivers know that car insurance quotes are determined in part by your personal driving history, many may be unaware that rates are also impacted by the average risk of the drivers around you as well. Check out Insurify's latest analysis of driving records in Carlsbad, New Mexico below:
Methodology
Drawing from an internal database of over 4 million car insurance applications, the research team at Insurify analyzes patterns in car ownership and driver behavior - including how Carlsbad drivers measure up to their fellow motorists across New Mexico in areas including speeding, DUIs, and more.
Insurify Insights publishes data-driven articles, trend analyses, and national rankings each week on all factors related to cars and those who drive them.
Ford F-Series Pickup
Most Popular Car in Carlsbad
#2
City with the Most Speeding Tickets Rank in New Mexico
#1
City with the Most Moving Violations Rank in New Mexico
#2
City with the Most DUIs Rank in New Mexico
#3
City with the Most Suspended Licenses in New Mexico
While car accidents are a sadly unavoidable feature of time spent on the road, rates of accidents do vary from city to city and from state to state. Carlsbad drivers rank 6 in the number of car accidents per driver across all cities in New Mexico.
- Rank within state: #6
- Percent of drivers in Carlsbad with an accident: 7.17%
- Drivers in Carlsbad, NM with an accident in their driving history pay on average 99.18% more than drivers with a clean record
Exceeding the speed limit can endanger others and leave a permanent stain on your driving record. When compared to other cities in New Mexico, Carlsbad drivers rank 2 in the number of speeding infractions per driver.
- Rank within state: #2
- Percent of drivers in Carlsbad with a speeding ticket: 14.95%
- Drivers in Carlsbad, NM with a speeding ticket in their driving history pay on average 68.85% more than drivers with a clean record
While driving while intoxicated is never acceptable, it’s a more common offense than many assume. Carlsbad drivers rank 2 in the number of DUI’s per driver across all cities in New Mexico.
- Rank within state: #2
- Percent of drivers in Carlsbad with a DUI: 3.12%
- Drivers in Carlsbad, NM with a DUI in their driving history pay on average 0% more than drivers with a clean record
Some car models are just more popular than others and trends can vary from place to place. The most popular vehicle in Carlsbad is the Ford F-Series Pickup.
Insurify Insights
Insurify's team of data scientists and content specialists presents Insurify Insights, a series of automotive, home, and health studies focusing on the topics that impact us all. through expert analysis of over 4 million car insurance applications and an array of top data sources, the Insurify Insights team produces new data-driven articles, trend analyses, regional superlatives, and national rankings every week. See Insurify Insights as featured in Forbes, Fox News, USA Today, NPR, and more.
Content Specialist at Insurify
Olivia Oksenhorn is a content specialist at Insurify. With a special focus in auto insurance and personal finance, Olivia works to help policyholders make informed decisions about their insurance. She received a bachelor's degree from the University of Colorado. Before starting at Insurify, she worked as a writer and in newsrooms and nonprofits across Colorado, including Aspen Public Radio and the Aspen Sojourner. You can connect with Olivia on LinkedIn.
Sources
- New Mexico Motor Vehicle Department. "State Minimum Car Insurance Requirements." Accessed May 28, 2022