Car Insurance in Albuquerque
On average, Albuquerque premiums surpass New Mexico's average by $198. Why don't we take a look at how to save on car insurance in Albuquerque?
- City Average: $1,529
- State Average: $1,331
- National Average: $1,427
Albuquerque Car Insurance by Accident or Violation History
Possessing a clean driving record is vital if you want to keep the expense of car insurance premiums minimal. Reckless driving will increase your car insurance premiums more than other driving violations. Typically, a DUI in Albuquerque will cost you 54% more in car insurance premiums versus the city average ($1,529). Reckless driving will push your rates up as well, with average rates of $2,523. That is 65% higher than the city average! Nobody plans on getting into an accident, but stuff happens, so be aware of how your rates can change following one. For those in Albuquerque with at-fault accidents, $782 is, on average, the additional cost for car insurance over the city average.
- DUI: $2,359
- Reckless Driving: $2,523
- At-fault Accident (damages less than $1000): $2,311
- At-fault Accident (damages greater than $2000): $2,311
- Speeding Ticket (16-20 mph over speed limit): $1,827
Albuquerque Car Insurance by Age
Looking across all age groups, drivers in their 50s have the lowest car insurance premiums. Their rates normally average $1,383 per year. Those in their 60s ($1,432) also have relatively low premiums. When Albuquerque drivers reach their 20s, therefore moving out of the teenage age range, they save an average of 68% each year, which is the most change you'll see between any age group. Turning 60 causes a rise in premiums, but up until that point drivers can anticipate premium reductions when they progress from one age group to the next. Teenage drivers are the ones who pay the most in car insurance premiums, with payments of $6,358 on average.
- Teenagers: $6,358
- 20s: $2,013
- 30s: $1,502
- 40s: $1,465
- 50s: $1,383
- 60s: $1,432
- 70s: $1,878
Albuquerque Car Insurance by Gender and Marital Status
Car insurance premiums in Albuquerque differ based on driver characteristics such as marital status and gender. Individuals who are single spend close to 9% more per year compared to those who are married. Rates for those who are widowed are marginally cheaper than rates for those who are single. The amount by which men's and women's car insurance premiums vary is minimal.
- Female: $1,533
- Male: $1,529
- Single: $1,529
- Married: $1,404
- Divorced: $1,529
- Widowed: $1,509
Albuquerque Car Insurance by Credit Rating
There is a discrepancy of $1,235/year between car insurance premiums for individuals with Very Poor credit (300-579) and Exceptional credit (800-850). Drivers will see the largest decrease in premiums when they boost their credit from Very Poor (300-579) to Fair (580-669). That change can save them $255 per year.
- Very Poor: $2,564
- Fair: $2,179
- Good: $1,843
- Very Good: $1,584
- Exceptional: $1,329
What drives up car insurance rates in Albuquerque?
Where you live in Albuquerque affects your car insurance rates. Besides your driving history and credit score, where you live is one of the biggest contributing factors to the car insurance rates you'll pay. The reason? Crime, theft and uninsured motorists vary by zip code. So if you find yourself in a neighborhood that doesn’t play well with others, car insurance companies may consider you a high risk to insure, meaning: your rates could be higher than those of a pal who lives just around the block. And, unfortunately Albuquerque is no exception to the rule. From zip code 87124 to 87125, premiums rise by 26 percent—that’s $306.
Expensive Albuquerque Zip Codes: 87181, 87194, 87151, 87103, 87125
Cheap Albuquerque Zip Codes: 87124, 87114, 87048, 87113, 87120
Albuquerque Driving Conditions
Inclement weather goes hand in hand with wet brakes, slick roads & decreased visibility.
And that's not the worst of it. Each year there are more than 700,000 weather-related car accidents. In Albuquerque, you can expect 81 rainy days with an annual rainfall of 15 inches. Albuquerque is also known to experience thunderstorms and flash floods. You can check on the condition of the roads anytime here.
Rainy Days a Year
Avg. Annual Rainfall
Avg. Annual Snowfall
Find Local Albuquerque Agents
Linton and Associates
1204 Central Ave SW Albuquerque, NM 87102
Rio Grande Insurance
4605 4th NW, Suite A Albuquerque, NM 87107
Sunset Insurance Corporation
1905 San Mateo Blvd NE Albuquerque, NM 87110
Sofia's Insurance Agency
1802 Deluvina Dr Sw Albuquerque, NM 87105
Aon Risk Solutions
6000 Uptown Blvd NE #400 Albuquerque, NM 87110
J A Sunderland Agency, Inc.
2431 San Pedro NE Albuquerque, NM 87110
Albuquerque Insurance World, Inc.
2828 Carlisle NE Ste F Albuquerque, NM 87110
Western E&O Brokers, Inc.
2155 Louisiana Blvd, NE Suite 10100 Albuquerque, NM 87110
Commercial West Insurance Agency
7800 Marble NE Suite 10 Albuquerque, NM 87110
Western States Insurance Group
1306 Rio Grande NW, Suite B Albuquerque, NM 87104
Jackson & Brown Insurance Solutions
9388 Valley View Drive, Suite 100 Albuquerque, NM 87114
J. B. Martin Insurance Agency
8500 Menaul NE Ste B 345 Albuquerque, NM 87112
First Santa Fe Insurance Services, Inc
6501 Americas Parkway NE, Ste 101 Albuquerque, NM 87110
Berger Briggs Real Estate & Insurance, Inc.
4333 Pan American Frwy Albuquerque, NM 87107
Daniels Insurance Agency, Inc.
320 Gold SW Suite 700 Albuquerque, NM 87102
Menicucci Insurance Agency
2116 Vista Oeste NW Bldg 5 Albuquerque, NM 87120
True Coverage LLC
2021 Girard Blvd SE, Ste 200 Albuquerque, NM 87106
Downey & Company
6565 Americas Pkwy NE Ste 750 Albuquerque, NM 87110
Rio Grande Insurance
Two Park Square Albuquerque, NM 87110
Pueblo Insurance Agency, Inc.
2401 12th St. NW, Suite 214-215 S Albuquerque, NM 87104
Letherer Insurance Consultants, LLC
2701 San Pedro NE, Suite 15 Albuquerque, NM 87110
Cress Insurance Consultants, Inc
6101 Moon Street NE #1000 Albuquerque, NM 87111
Route 66 Insurance, Inc.
3701 San Mateo Blvd Albuquerque, NM 87110
Steidley Agency, Inc.
10701 Lomas Blvd., NE Suite 106 Albuquerque, NM 87112
WAFD Insurance Group, Inc
2501 Alamo Avenue SE Albuquerque, NM 87106
Anna L. Torres Agency, LLC
3124 San Mateo Blvd NE Albuquerque, NM 87110
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Albuquerque Car Insurance
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