Cheapest Auto Insurance Quotes for Uninsured Drivers in New Mexico

Trying to buy low-cost car insurance is not always easy, and determining which companies offer the lowest-priced auto insurance rates for uninsured drivers requires additional perseverance. Every insurance company uses their own calculation for determining prices, so to begin we’ll rank the auto insurance companies that tend to be cheaper in New Mexico.

It’s important to know that New Mexico auto insurance rates are influenced by many factors that may substantially change the policy premium. Improving your credit rating, becoming a homeowner, or getting a ticket for running a stop sign may prompt premium changes resulting in some companies being cheaper in comparison to the competition.

Lowest Insurance Price Quotes in New Mexico

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USAA offers some of the lowest car insurance rates in New Mexico at around $663 each year. Allied, Safeco, Farm Bureau Mutual, and Farmers would also be considered some of the best New Mexico insurance companies.

In the above rates, if you are currently insured with Farmers and switched to Allied, you may realize savings of around $344. Insureds with State Farm may save as much as $378 a year, and The Hartford insureds might reduce prices by as much as $394 a year.

To find the cheapest auto insurance for uninsured drivers in New Mexico for your vehicle, click here to begin a quote or visit several of the following companies.

Bear in mind that those policy prices are averages across all drivers and vehicles in New Mexico and and are not calculated with a rate decrease for uninsured drivers. So the insurer that fits your situation best may not even be included in the above list. That illustrates why you need to compare rates from multiple companies using your own personalized driver profile and vehicle information.

The make and model of vehicle requiring coverage is one of the biggest factors when trying to find cheap coverage for uninsured drivers. Vehicles with limited speed and performance, a great safety record, or a track record of few liability claims will cost significantly less to insure than fast, unsafe models.

The table below shows car insurance rates for a handful of the more afforable automobiles to insure in New Mexico.

Above prices assume married male driver age 40, no speeding tickets, no at-fault accidents, $1,000 deductibles, and New Mexico minimum liability limits. Discounts applied include safe-driver, homeowner, multi-vehicle, claim-free, and multi-policy. Price estimates do not factor in garaging location in New Mexico which can decrease or increase insurance rates noticeably.

Based upon the table data, we can assume that models like the Hyundai Elantra, Honda CR-V, Ford Escape, and Chevrolet Traverse are most likely going to be some of the less-costly vehicles to insure for drivers with no prior coverage.

When shopping for the cheapest auto insurance for drivers with no prior coverage, one of the many criteria that influence the price of your policy is where you keep your car in New Mexico. Cities that have higher claim levels or more people like Albuquerque, Artesia, and Los Alamos tend to pay slightly more, whereas areas with lower crime rates and fewer weather claims have the benefit of cheaper auto insurance prices.

The following table sorts the most expensive places in New Mexico for uninsured drivers to buy an auto insurance policy in.

Rate quotes are estimated as specific New Mexico zip code can modify prices noticeably.

Is the best company Progressive, Geico, State Farm, or Allstate?

When it comes to car insurance for drivers with no prior coverage in New Mexico, four good companies to start with are Progressive, Geico, State Farm, and Allstate. All of them have a slightly different mix of options and features that buyers can choose from. The table below breaks down ratings for price and service, as well as some optional coverages that policyholders can buy.