Car Insurance for Good Drivers in New Mexico

The Zebra
July 15, 2019

Car insurance for low-risk drivers in New Mexico

Many of the factors that contribute to your car insurance rates lie beyond your control, including your age, location, and gender. But there are a few factors you can control if you're looking for affordable rates.

If you want to find the lowest possible car insurance rates, try to keep your driving history clean, your credit score solid, and your monthly driving mileage on the low end. Auto insurance companies provide premium price cuts to drivers who pose the least risk, so low-risk driving behaviors can lead to a price cut.

See below a breakdown of the best companies with which to start your car insurance search if you’re a low-risk customer in New Mexico.

Car insurance rates for drivers with no citations in New Mexico

One way to reduce your auto insurance rates is to avoid tickets and citations. Car insurance companies see safe drivers as less risky customers, in turn charging them lower premiums. If you remain on the right side of the law, you could enjoy lower car insurance rates.

If you're free of tickets, start your search for car insurance with USAA, with average annual premiums of $860. That comes out to $811less than the average car insurance rate for drivers without driving violations in New Mexico.

CHEAP AUTO INSURANCE COMPANIES FOR DRIVERS WITHOUT VIOLATIONS IN NEW MEXICO
Insurance CompanyAvg. Annual Auto Insurance Rate
USAA$860
State Farm$985
Farm Bureau Mutual (IA Group)$1,209
GEICO$1,242
Allied$1,315
Central Mutual Insurance Co$1,376
Progressive$1,402
Metropolitan$1,802

Auto insurance rates for drivers with above-average credit scores in New Mexico

Car insurance companies reward drivers who have above-average credit. If you have a credit score in the good, very good, or excellent tiers, you could receive a price cut on your car insurance premium.

If your credit score is “good,” your top option for car insurance in New Mexico could be USAA, providing an average rate of $860. If your credit score is in the “excellent” range, USAA could be a good company with which to start your search. USAA's prices for clients who have credit scores of 800 or better are $374 per year less than the typical car insurance rate for drivers with excellent credit in New Mexico.

Find below a breakdown of auto insurance rates in New Mexico for drivers with good, very good, and excellent credit scores.

CHEAP CAR INSURANCE COMPANIES FOR DRIVERS WITH GOOD CREDIT IN NEW MEXICO
Insurance CompanyAvg. Annual Auto Insurance Rate
USAA$860
State Farm$985
Farm Bureau Mutual (IA Group)$1,209
GEICO$1,242
Allied$1,315
Central Mutual Insurance Co$1,376
Progressive$1,402
Metropolitan$1,802

AFFORDABLE CAR INSURANCE COMPANIES FOR DRIVERS WITH VERY GOOD CREDIT IN NEW MEXICO
Insurance CompanyAvg. Annual Auto Insurance Rate
USAA$832
State Farm$885
Farm Bureau Mutual (IA Group)$1,166
GEICO$1,180
Allied$1,237
Central Mutual Insurance Co$1,269
Progressive$1,278
Metropolitan$1,627

AFFORDABLE CAR INSURANCE COMPANIES FOR DRIVERS WITH EXCELLENT CREDIT IN NEW MEXICO
Insurance CompanyAvg. Annual Auto Insurance Rate
USAA$778
State Farm$798
Farm Bureau Mutual (IA Group)$1,102
Progressive$1,104
Central Mutual Insurance Co$1,131
Allied$1,145
GEICO$1,151
Metropolitan$1,363

Compare rates from top companies!

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Car insurance for low-mileage drivers in New Mexico

The less frequently you drive, the less likely you are to be involved in a collision or file a claim. At least that's what car insurance companies think. If you stay below the 7,500-mile-per-year threshold, you’re likely to save some money on auto insurance each month. By how much you can cut your premiums by driving less often comes down to your insurance company's pricing practices.

If you're a New Mexico resident who drives only infrequently, consider USAA, which offers average per-year savings of $936 for low-mileage clients.

AFFORDABLE CAR INSURANCE COMPANIES FOR LOW-MILEAGE DRIVERS (<7,500 MILES/YEAR) IN NEW MEXICO
Insurance CompanyAvg. Annual Auto Insurance Rate
USAA$735
State Farm$896
Farm Bureau Mutual (IA Group)$1,094
GEICO$1,177
Allied$1,315
Central Mutual Insurance Co$1,376
Progressive$1,402
Metropolitan$1,802

Start your search today — compare rates now!

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Good driver insurance rates in New Mexico — in major cities

In addition to varying by state and by insurance company, car insurance rates differ depending on the exact address at which the vehicle is listed. Auto insurers price policies by the driver’s home ZIP code, adjusting rates for the risk levels associated with various regions.

Find below a summary of car insurance rates for drivers with positive rating factors in the biggest cities in every state.

CityAvg. Rate — No IncidentsAvg. Rate — Good CreditAvg. Rate — Very Good CreditAvg. Rate — Excellent CreditAvg. Rate — Low Mileage
Las Cruces$968$968$904$847$949
Roswell$1,115$1,115$1,043$977$1,112
Santa Fe$1,147$1,147$1,071$1,003$1,125
Rio Rancho$1,173$1,173$1,096$1,027$1,159
Albuquerque$1,262$1,262$1,177$1,100$1,234

Find an affordable policy today!

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