The type of vehicle requiring insurance is a large consideration when looking for cheaper coverage for drivers with a DUI. Vehicles with limited top-end speed, advanced safety features, or a low likelihood of having liability claims will cost less to insure than adrenaline junky models. The next table outlines car insurance prices for a number of the most budget-friendly automobiles to buy insurance for.
|Make and Model||Estimated Cost for Full Coverage|
|Honda CR-V EX-L 2WD||$2,225|
|Jeep Wrangler Sport 4WD 2-Dr||$2,249|
|Ford Escape XLS 2WD||$2,289|
|Hyundai Elantra GLS Touring Station Wagon||$2,298|
|Ford Focus S 4-Dr Sedan||$2,291|
|Volkswagen Jetta SE 2.5 Station Wagon||$2,318|
|Chevrolet Equinox LT AWD||$2,334|
|Chevrolet Malibu LT||$2,379|
|Ford Edge Sport 2WD||$2,462|
|Hyundai Sonata GLS 4-Dr Sedan||$2,502|
|Jeep Grand Cherokee SRT-8 4WD||$2,507|
|Chevrolet Silverado 2500HD LTZ Crew Cab 4WD||$2,513|
|Nissan Altima 3.5 SR 4-Dr Sedan||$2,507|
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Prices based on single female driver age 30, two speeding tickets, no at-fault accidents, $1,000 deductibles, and New Mexico minimum liability limits. Discounts applied include claim-free, multi-vehicle, homeowner, and multi-policy. Rate quotes do not factor in garaging location in Albuquerque, NM which can change coverage rates considerably.
Looking at the numbers, we can infer that makes and models like the Honda CR-V, Jeep Wrangler, Ford Escape, and Hyundai Elantra will definitely be some of the cheaper vehicles to insure after getting a DUI. The cost of a car insurance policy will be higher anyway just because there is more claim risk for drivers with a DUI, but in general those particular vehicles will probably have the cheapest car insurance rates compared to other types of vehicles.
Deciding which companies quote the lowest-priced auto insurance rates for drivers with a DUI will take a little more effort in order to find the lowest price. Each auto insurance company uses a little different formula to set premium rates, so we’ll take a look at the auto insurance companies with the overall best prices in Albuquerque, NM.
It’s important that you understand Albuquerque, NM auto insurance rates are based on many factors that will increase or decrease the cost of having a policy. Improving your credit rating, increasing deductibles, or getting a ticket for running a stop sign can trigger price changes that can cause some rates to be affordable when they were higher priced.
Find the Best Cheap Insurance after a DUI
|Rank||Company||Cost Per Year|
|4||Farm Bureau Mutual||$1,214|
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USAA offers some of the best car insurance rates in Albuquerque at around $657 each year. Allied, Safeco, Farm Bureau Mutual, and Farmers also rank well as some of the best Albuquerque, NM auto insurance companies.
As shown in the rates above, if you are currently insured with Farmers and switched to Allied, you might see savings of in the neighborhood of $344. Customers with Central Mutual could save as much as $370 a year, and State Farm policyholders might realize rate reductions of up to $378 a year.
Understand that those policy prices are averaged for all types of drivers and the different vehicles they drive and and are not figured with an exact zip code location for drivers with a DUI. So the car insurance company that is best suited for you may not even be in the top 17 companies shown above. That’s why you need to get rate quotes using your own specific driver and vehicle information.
After getting a DUI, one of the largest components that are used to help calculate insurance cost is where you live in Albuquerque. Regions with more people or even just more weather-related claims tend to have higher auto insurance costs, whereas areas with lower crime rates and fewer weather claims receive better rates.
The illustration below ranks the most costly cities in New Mexico for drivers with a DUI to buy an auto insurance policy in. Albuquerque is listed at #2 with a yearly premium of $1,389 for coverage, which is about $116 per month.
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Table data uses comparative as zip code location can modify auto insurance rates significantly.
Discounts on Albuquerque insurance rates
Insurance providers that provide coverage for drivers with a DUI may also provide rate discounts that may potentially lower prices by 30% or more if you meet eligibility requirements. A few popular companies and some of the premium reductions they offer include:
- Travelers offers discounts for hybrid/electric vehicle, continuous insurance, home ownership, early quote, IntelliDrive, and new car.
- 21st Century may have discounts that include driver training, student driver, good student, air bags, theft prevention, and teen driver.
- State Farm offers discounts including defensive driving training, Drive Safe & Save, passive restraint, good student, multiple autos, safe vehicle, and anti-theft.
- GEICO has discounts for anti-theft, emergency military deployment, defensive driver, five-year accident-free, and federal employee.
- SAFECO may offer discounts for anti-lock brakes, drive less, multi-car, teen safe driver, anti-theft, teen safety rewards, and accident prevention training.
- AAA includes discounts for good driver, AAA membership discount, anti-theft, multi-car, and multi-policy.
The diagram below illustrates the comparison of insurance costs with and without discounts applied to the policy rates. The rate quotes are based on a female driver, three violations and no accidents, New Mexico state minimum liability limits, comp and collision included, and $500 deductibles. The first bar for each age group shows the price with no discounts. The second bar shows the rates with multiple vehicle, multiple policy, paid-in-full, vehicle safety, homeowner, and marriage discounts applied. With discounts applied, the average savings per year on auto insurance for drivers with a DUI is 28% or $612.
Insuring your vehicle with the right car insurance company is difficult considering how many different companies there are to choose from in Albuquerque. The rank data shown next could help you decide which auto insurers you want to consider when comparing rates. These ratings are only comprised of the largest companies in America, so companies that only write business in New Mexico or surrounding areas are not taken into consideration for these rankings.
Top 10 Large Auto Insurers Overall in Albuquerque
- American Family
- State Farm
- The Hartford
- AAA Insurance
- The General
- Titan Insurance
Why you should be comparing rates
Albuquerque auto insurance rates are based on many factors that will increase or decrease the policy price. Simply turning a year older, moving to a new city, or getting into an accident may cause policy rate changes that can make some companies more affordable than competitors.
Not only may your situation change, but companies modify rates without warning in order to offset underwriting gains or losses. A period of higher than normal claims can result in rate hikes, while less frequent claims may cause lower-priced Albuquerque car insurance rates.
For example, the bar chart below analyzes the cheapest car insurance in Albuquerque, NM for a 40-year-old female driver with a good driving record, no prior claims, and excellent credit. If we compare prices based on her current situation, USAA might offer the cheapest car insurance rates in Albuquerque at $911 annually. This is $657 less than the average rate paid by New Mexico drivers of $1,568. Allied, Safeco, Farm Bureau Mutual, and Farmers are also on the list of the cheapest Albuquerque, NM auto insurance companies.
Now let’s give the driver from above a chargeable claim, a little lower credit rating, and a speeding ticket. Since each auto insurer has a proprietary method to determine rates, comparing quotes may now present a completely different list of the cheapest companies as shown below.
USAA now has the cheapest auto insurance in Albuquerque, NM with State Farm, Central Mutual, Safeco, and Allied now rounding out the top five. This demonstrates why consumers need to shop around when trying to get cheap insurance quotes for drivers with a DUI.
Prices consist of many different factors and can change substantially, so the best option three years ago may now be quite expensive.
How to find cheaper insurance for drivers with a DUI
It is possible to find better rates, and here are some penny-pinching suggestions that can help New Mexico drivers quote cheaper car insurance.
- Accidents can significantly increase rates
- Pay for small claims rather than turning them in to your insurance company
- Increase your deductibles
- Just one traffic violation will increase your rates
- Better credit scores save money
- Buying your home and auto policies from the same company can earn a discount
- Compare rate quotes often
That last tip is notably valuable, as was stressed in this write-up. Rates fluctuate considerably, so don’t be tentative to buy from a different company if a more affordable rate is found. Being loyal to a particular company is commendable, but it’s not recommended if that faithfulness ends up costing you thousands of dollars over the life of your policy. Now is a great time to compare prices and find cheaper car insurance for drivers with a DUI in Albuquerque.
The auto insurance agents in Albuquerque shown below can most likely answer your questions and help you decide which coverages and limits you need, as some drivers have questions and prefer to get some professional advice when shopping for cheaper insurance for drivers with a DUI. It can be complicated to find coverage yourself, and agents can add satisfaction knowing your coverage gives you sufficient coverage at claim time.
To find an auto insurance agency using an interactive map, click the link after the list or click here to compare price quotes.
- Erin Carnett – State Farm Insurance Agent
10200 Golf Course Rd NW a – Albuquerque, NM 87114 – (505) 898-4273
- Francis Harding – State Farm Insurance Agent
4420 4th St NW – Albuquerque, NM 87107 – (505) 242-6231
- Jesse Leal – State Farm Insurance Agent
141 Eubank Blvd – Albuquerque, NM 87123 – (505) 294-8662
- Jesse Dompreh – State Farm Insurance Agent
5850 Eubank NE, Ste B34 – Albuquerque, NM 87111 – (505) 294-4422