How Much is Auto Insurance for Postal Workers in New Mexico?

How Much is Auto Insurance for Postal Workers in New Mexico?

Buying cheap auto insurance is hard enough, and deciding which company has the cheapest auto insurance rates for postal workers involves even more shopping around. Every auto insurer uses different criteria to establish rates, so we’ll go over the overall cheapest auto insurance companies in New Mexico.

Cheap Insurance Rates for USPS Employees

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Cheapest New Mexico auto insurance companies
Rank Company Cost Per Year
1 USAA $663
2 Allied $948
3 Safeco $1,014
4 Farm Bureau Mutual $1,178
5 State Farm $1,310
6 The Hartford $1,312
7 Farmers $1,315
8 Central Mutual $1,328
9 Progressive $1,490
10 Travelers $1,569
11 GEICO $1,576
12 MetLife $1,594
13 California Casualty $1,623
14 Encompass $1,711
15 Allstate $2,408
16 Liberty Mutual $2,529
17 Sentry $3,114
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USAA normally has some of the cheapest car insurance rates in New Mexico at around $663 each year. Allied, Safeco, Farm Bureau Mutual, and State Farm also are some of the more affordable New Mexico auto insurance companies.

As the rates illustrate above, if you buy coverage from Farm Bureau Mutual and switched to USAA, you could see a yearly savings of about $515. Customers with State Farm may save as much as $647 a year, and The Hartford policyholders might lower prices by up to $649 a year.

Understand that those policy prices are averages for all insureds and vehicles and and are not figured with a rate decrease for postal workers. So the insurer that fits your situation best may not even be included in the list of companies above. That’s why you need to get rate quotes using your own specific driver and vehicle information.

One of the many considerations that is used by car insurance companies to calculate the price you pay for insurance is the neighborhood you call home in New Mexico. Cities that have higher claim levels or more people like Albuquerque, Artesia, and Santa Fe are more likely to have higher rates, whereas areas with less traffic congestion and claims can boast about having cheaper rates.

The information below lists the highest-priced areas in New Mexico for postal workers to purchase car insurance in.

How much is auto insurance in New Mexico?
Rank City Annual Rate
1 Albuquerque $1,375
2 South Valley $1,336
3 Artesia $1,330
4 Los Alamos $1,308
5 Santa Fe $1,302
6 North Valley $1,290
7 Los Lunas $1,289
8 Rio Rancho $1,282
9 Hobbs $1,258
10 Gallup $1,224
11 Espanola $1,223
12 Carlsbad $1,177
13 Roswell $1,174
14 Clovis $1,169
15 Las Vegas $1,160
16 Lovington $1,159
17 Deming $1,155
18 Portales $1,151
19 Farmington $1,137
20 Las Cruces $1,131
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Premium amounts are approximated as specific location information can revise insurance rates significantly.

Progressive, Allstate, State Farm, and Geico: Who is best?

When comparing car insurance for postal employees in New Mexico, four companies to consider are Progressive, Allstate, State Farm, and Geico. Between them, they insure over 48% of all vehicles in the U.S.. The following table shows some of the ratings and options that may be available in New Mexico.

Top Four Auto Insurance Companies Compared
Progressive Allstate State Farm Geico
Price Ranking 3rd 4th 2nd 1st
Overall Satisfaction 3rd 2nd 4th 1st
Discounts Available 4th 1st 3rd 2nd
Handling of Claims 4th 1st 2nd 3rd
Roadside assistance Yes Yes Yes Yes
Accident forgiveness Yes Yes No Yes
Mechnical breakdown Yes No No Yes
Rating based on usage Yes Yes Yes No
New car replacement coverage No Yes No No
Coverage for Uber and Lyft drivers Yes Yes Yes Yes
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