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
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.
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.
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.
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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