Affordable Insurance for a Buick Lucerne in Albuquerque

Insurance quote for Buick Lucerne in AlbuquerqueTruthfully, the best way to get discount auto insurance rates in Albuquerque is to compare quotes once a year from insurers that sell auto insurance in New Mexico. Rate comparisons can be done by following these steps.

One important bit of advice is that you’ll want to make sure you compare the same physical damage deductibles and liability limits on each price quote and and to get rates from as many companies as possible. Doing this guarantees an accurate price comparison and a good representation of prices.

It’s hard to fathom, but a large majority of consumers kept their policy with the same company for more than four years, and 38% of drivers have never even compared quotes to find cheap rates. With the average auto insurance premium being $1,847, American drivers could save an average of approximately $860 each year, but they just don’t understand how much money they would save if they just switched companies.

Locating the best rates in Albuquerque is really quite simple as long as you have a good starting point. If you have auto insurance now, you will surely be able to get lower rates using the following tips. Shoppers just need to use the best way to compare company rates from many different companies.

How to get affordable Buick Lucerne insurance in Albuquerque

Reducing your insurance rates is a great way to save money. The only thing you need to do is take a few minutes comparing rate quotes from some recommended companies.

The companies shown below have been selected to offer free quotes in New Mexico. To buy cheap car insurance in New Mexico, it’s a good idea that you visit as many as you can to find the most affordable auto insurance rates.

Insurance rate breakdown

The coverage information below showcases different insurance costs for Buick Lucerne models. Learning more about how auto insurance premiums are calculated can be useful when making smart choices when purchasing an insurance policy.

Buick Lucerne Insurance Rates in Albuquerque, NM
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Lucerne CX $254 $490 $434 $26 $130 $1,334 $111
Lucerne CXL $254 $490 $434 $26 $130 $1,334 $111
Lucerne CXL Special Edition $254 $564 $434 $26 $130 $1,408 $117
Lucerne Super $282 $564 $434 $26 $130 $1,436 $120
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Data based on single female driver age 30, no speeding tickets, no at-fault accidents, $500 deductibles, and New Mexico minimum liability limits. Discounts applied include claim-free, homeowner, multi-vehicle, safe-driver, and multi-policy. Premium amounts do not factor in Albuquerque location which can lower or raise insurance rates substantially.

Raise deductibles and save

One of the more difficult decisions when buying insurance is how high should the deductibles for physical damage be. The following tables sum up how much more rates are when you select higher and lower deductibles. The first set of prices uses a $100 deductible for comprehensive and collision coverage and the second price grid uses a $1,000 deductible.

Buick Lucerne insurance rates with $100 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Lucerne CX $312 $590 $322 $20 $96 $1,365 $114
Lucerne CXL $312 $590 $322 $20 $96 $1,365 $114
Lucerne CXL Special Edition $312 $680 $322 $20 $96 $1,455 $121
Lucerne Super $348 $680 $322 $20 $96 $1,491 $124
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Buick Lucerne insurance rates with $1,000 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Lucerne CX $174 $310 $322 $20 $96 $922 $77
Lucerne CXL $174 $310 $322 $20 $96 $922 $77
Lucerne CXL Special Edition $174 $358 $322 $20 $96 $970 $81
Lucerne Super $194 $358 $322 $20 $96 $990 $83
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Table data represents married male driver age 30, no speeding tickets, no at-fault accidents, and New Mexico minimum liability limits. Discounts applied include multi-policy, homeowner, claim-free, safe-driver, and multi-vehicle. Premium costs do not factor in specific zip code location which can influence auto insurance rates significantly.

Based on the above data, using a $100 deductible will cost you approximately $38 more each month or $456 every year averaged for all Lucerne models than choosing the higher $1,000 deductible. Due to the fact that you would have to pay $900 more if you file a claim with a $1,000 deductible as compared to a $100 deductible, if you usually have at a minimum 24 months between claim filings, you would probably save some money by selecting a higher deductible.

How to determine when to raise deductibles

Average monthly premium for $100 deductibles: $118
Average monthly premium for $1,000 deductibles (subtract): – $80
Monthly savings from raising deductible: $38
Difference between deductibles ($1,000 – $100): $900
Divide difference by monthly savings: $900 / $38
Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible 24 months

One big caveat is that a higher deductible means you pay more out-of-pocket when you have a comprehensive or collision claim. You must have some savings in the bank in order to pay the deductible.

The diagram below illustrates how your deductible choice and can influence Buick Lucerne premium costs for each age group. The rate quotes are based on a single male driver, full coverage, and no additional discounts are factored in.

Careless Albuquerque drivers pay higher rates

The diagram below illustrates how traffic citations and accidents increase Buick Lucerne insurance rates for each different age category. The rates are based on a married female driver, full coverage, $500 deductibles, and no other discounts are factored in.

Lower rates by qualifying for discounts

Auto insurance is not an enjoyable expense, but companies offer discounts that may help make it more affordable. Some of these discounts will be visible when you purchase, but a few must be manually applied prior to receiving the credit.Save money with discounts

Keep in mind that most credits do not apply to the overall cost of the policy. Most cut specific coverage prices like collision or personal injury protection. Even though it appears you can get free auto insurance, you won’t be that lucky.

The illustration below illustrates the comparison of Buick Lucerne insurance rates with and without discounts applied. The information is based on a male driver, no violations or claims, New Mexico state minimum liability limits, comp and collision included, and $250 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-car, safe-driver, marriage, multi-policy, homeowner, and claim-free discounts applied.

If you would like to see a list of insurance companies that provide some of the discounts listed above in Albuquerque, click this link.

Why you need insurance for your Buick Lucerne

Even though Albuquerque Lucerne insurance rates can get expensive, insuring your vehicle may be mandatory for several reasons.

The benefits of insuring your car more than cancel out the cost, especially with large liability claims. Today the average American driver is currently overpaying as much as $700 annually so we recommend shopping around at every renewal to help ensure money is not being wasted.

Best auto insurance in Albuquerque

Finding a high-quality insurance provider is hard considering how many companies are available to choose from in New Mexico. The ranking data listed below may help you analyze which auto insurance companies to look at purchasing a policy from.

Top 10 Albuquerque Car Insurance Companies Overall

  1. USAA
  2. American Family
  3. State Farm
  4. The Hartford
  5. AAA Insurance
  6. GEICO
  7. The General
  8. Titan Insurance
  9. Progressive
  10. Mercury Insurance

Top 10 Albuquerque Car Insurance Companies Ranked by Claims Service

  1. State Farm
  2. Esurance
  3. AAA Insurance
  4. Progressive
  5. Liberty Mutual
  6. GEICO
  7. Allstate
  8. Titan Insurance
  9. The Hartford
  10. Mercury Insurance

When to contact an insurance agent

Some consumers just prefer to have an agent’s advice and often times that is recommended Professional agents will help you protect your assets and will help you if you have claims. One of the best bonuses of comparing insurance prices online is that you can find cheap auto insurance quotes and still have an agent to talk to.

Albuquerque insurance agentsOnce you complete this quick form, the quote information is emailed to agents in your area who will give you quotes for your insurance coverage. You never need to drive around since price quotes are sent to you. If you have a need to compare prices from a specific insurance company, you can always find their quoting web page and fill out their quote form.

Choosing the best insurer is decision based upon more than just a cheap price. The answers to these questions are important, too.

If you are wanting to purchase auto insurance from a reliable insurance agency, it can be helpful to understand the types of insurance agents and how they are slightly different. Agencies in Albuquerque can be described as either independent agents or exclusive agents depending on their employer. Both can insure your vehicles, but it’s a good idea to understand the difference in how they write coverage because it can impact your agent selection.

Exclusive Agencies

Agents in the exclusive channel are contracted to one company like AAA, Allstate, State Farm, or Farmers Insurance. They usually cannot provide prices from multiple companies so keep that in mind. Exclusive agents are usually quite knowledgeable on what they offer which helps them compete with independent agents. Drivers often buy from the same agent for years primarily because of the brand rather than low price.

The following are exclusive insurance agencies in Albuquerque who can help you get rate quotes.

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Independent Insurance Agents

Independent agencies are not restricted to one company and that gives them the ability to insure through lots of different companies and find you the best rates. To transfer your coverage to a different company, the business is moved internally which makes it simple for you. If you need cheaper auto insurance rates, you need to get some free quotes from independent agents in order to have the best price comparison. Many independent agencies also insure through lesser-known insurance companies which can save you money.

Below are independent agents in Albuquerque that are able to give price quotes.

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Upon getting positive responses to all your questions as well as a price you’re happy with, chances are good that you have found an insurance agency that meets the requirements to provide auto insurance coverage.