Unbelievable but true, the vast majority of New Mexico car insurance customers have bought car insurance from the same company for at least four years, and just under half have never compared rates with other companies. With the average car insurance premium being $1,847, U.S. drivers can save as much as $850 each year just by comparing rates, but they just feel it’s too hard to find affordable car insurance rates.
It takes a few minutes, but the best way to find cheaper prices for Chevy TrailBlazer insurance is to compare prices regularly from companies in Albuquerque. Rate comparisons can be done by following these steps.
Step 1: Read and learn about how auto insurance works and the measures you can control to drop your rates. Many factors that drive up the price like traffic citations, accidents, and a less-than-favorable credit rating can be improved by being financially responsible and driving safely.
Step 2: Compare prices from direct, independent, and exclusive agents. Direct companies and exclusive agencies can only give prices from a single company like GEICO or State Farm, while independent agencies can provide rate quotes for a wide range of companies.
Step 3: Compare the new quotes to your current policy premium to determine if switching companies saves money. If you find a lower rate quote and decide to switch, verify that coverage does not lapse between policies.
Step 4: Provide proper notification to your current company of your decision to cancel your existing policy. Submit a signed application and payment for the new policy. As soon as coverage is bound, store the certificate of insurance somewhere easily accessible.
The most important part of shopping around is to make sure you enter the same deductibles and limits on every price quote and and to get rate quotes from every insurance company. This provides a fair price comparison and a complete selection of prices.
If you are insured now, you will definitely be able to get lower rates using these tips. Shopping around for the best policy in Albuquerque is actually quite simple. Although New Mexico consumers should learn how the larger insurance companies compete online and apply this information to your search.
When comparing insurance rates, know that having more price comparisons gives you a better chance of getting more affordable insurance.
The providers in the list below offer price comparisons in New Mexico. To get cheap car insurance in New Mexico, it’s highly recommended you visit several of them in order to get a fair rate comparison.
Why do I need car insurance?
Even though it can be expensive, car insurance may be mandatory for several reasons.
First, almost all states have compulsory liability insurance requirements which means you are required to buy specific minimum amounts of liability insurance coverage if you drive a vehicle. In New Mexico these limits are 25/50/10 which means you must have $25,000 of bodily injury coverage per person, $50,000 of bodily injury coverage per accident, and $10,000 of property damage coverage.
Second, if you took out a loan on your TrailBlazer, almost every bank will make it mandatory that you carry insurance to guarantee loan repayment. If you cancel or allow the policy to lapse, the lender will be forced to insure your Chevy at an extremely high rate and require you to pay for it.
Third, car insurance protects not only your vehicle but also your assets. It will also pay for all forms of medical expenses for you, your passengers, and anyone else injured in an accident. One policy coverage, liability insurance, will also pay to defend you if anyone sues you for causing an accident. If you receive damage to your vehicle caused by a storm or accident, comprehensive and/or collision insurance will pay to have it repaired.
The benefits of having car insurance are definitely more than the cost, especially for larger claims. Today the average American driver is wasting up to $869 every year so compare rates once a year at a minimum to ensure rates are competitive.
Save Money with These Tips
Smart consumers have a good feel for some of the things that aid in calculating insurance rates. If you understand what impacts premium levels, this enables you to make decisions that will entitle you to much lower annual insurance costs.
Low physical damage deductibles mean high prices – Comprehensive and collision coverage deductibles are how much you are willing to pay out-of-pocket before a claim is paid by your company. Physical damage insurance, termed comprehensive and collision coverage on your policy, protects your car from damage. Examples of some claims that would be covered are colliding with a stationary object, collision with a deer, or theft of your vehicle. The more you pay before a claim is paid (deductible), the bigger discount you will receive.
How’s your driving record? – Your driving citation history has a big impact on rates. Good drivers pay lower auto insurance prices compared to drivers with tickets. Even one chargeable violation can increase rates substantially. People who have serious tickets such as reckless driving or DUI may face state-mandated requirements to file a proof of financial responsibility form (SR-22) with their state in order to drive a vehicle legally.
High insurance claims frequency drives up insurance rates – Insurance companies in New Mexico award better rates to drivers who file claims infrequently. If you are the type of insured that files lots of claims you can look forward to either a policy non-renewal or much higher rates. Your car insurance is designed for major claims that would cause financial hardship.
Gender is a factor – Statistics have proven females are less aggressive when driving. That doesn’t necessarily mean that males are worse at driving than females. They both are responsible for accidents at about the same rate, but guys have accidents that have higher claims. Not only are claims higher, but men get cited for more serious violations such as reckless driving.
Small coverages can add up – There are a lot of extra bells and whistles that you can get tricked into buying when buying insurance. Coverages for roadside assistance, towing coverage, and membership fees may be wasting your money. The coverages may be enticing when talking to your agent, but your needs may have changed so remove them from your policy.
How much liability – A critical coverage on your policy, liability insurance is the protection if ever you are determined to be liable for causing personal injury or damage in an accident. This coverage provides legal defense which can cost thousands of dollars. Carrying liability coverage is mandatory and cheap compared to insuring for physical damage coverage, so insureds should have plenty of protection for their assets.
Fewer miles means better prices – The more you drive your Chevy in a year’s time the more it will cost to insure it. Most companies rate vehicles based upon how the vehicle is primarily used. Cars used primarily for pleasure use cost less to insure than those that get driven frequently. Improper usage on your TrailBlazer may be costing you. It’s a smart idea to ensure your declarations sheet reflects annual mileage, because improper ratings can cost you money.
Lower rates for vehicles with better crash test results – Cars with five star safety ratings get lower rates. Vehicles engineered for safety protect occupants better and fewer injuries translates directly to fewer claims and lower rates for you. If the Chevy TrailBlazer is rated at a minimum four stars on Safercar.gov or an “acceptable” rating on iihs.org it may cost less to insure.
Companies offer many discounts on Chevy TrailBlazer insurance in Albuquerque
Auto insurance companies do not list the complete list of policy discounts in an easy-to-find place, so the following list contains both well-publicized as well as some of the hidden credits available to you.
- New Car Discount – Insuring a vehicle that is new can save up to 30% since newer models have better safety ratings.
- Government Employee Discount – Active or retired federal employment can earn a discount up to 10% with some insurance companies.
- Paperless Signup – A few companies will provide an incentive just for signing your application online.
- Lower Rates for Military – Having a family member in the military could be rewarded with lower rates.
- Drivers Education – Teen drivers should participate in a local driver’s education class as it will make them better drivers and lower rates.
- College Student Discount – Youth drivers who are attending college and leave their car at home may be able to be covered for less.
- Drive Less and Save – Driving less may enable drivers to earn lower prices on the low mileage vehicles.
- Onboard Data Collection – People who choose to allow their insurance company to monitor when and where they use their vehicle by using a telematics device in their vehicle like Drivewise from Allstate or In-Drive from State Farm might see lower rates if their driving habits are good.
- Early Payment Discounts – If you can afford to pay the entire bill as opposed to paying monthly you can avoid the installment charge.
- Discounts for Multiple Vehicles – Insuring more than one vehicle with the same insurance company can get a discount on all vehicles.
As a disclaimer on discounts, some credits don’t apply to all coverage premiums. The majority will only reduce individual premiums such as physical damage coverage or medical payments. Just because it seems like it’s possible to get free car insurance, you won’t be that lucky.
Companies that may offer most of the discounts above are:
If you want affordable Chevrolet TrailBlazer insurance quotes, ask all companies you are considering the best way to save money. Depending on the company, some discounts may not be offered in every state. To see a list of companies that offer multiple discounts in Albuquerque, click here to view.
Don’t assume everyone needs the same auto insurance coverage
Always keep in mind that when comparing insurance from an agent or online, there is no one size fits all plan. Everyone’s situation is a little different and your auto insurance should unique, too.
For example, these questions might point out whether you would benefit from professional advice.
- Can I insure my car for more than it’s worth?
- Will damage be repaired with OEM parts?
- Where can I get insurance after a DUI in New Mexico?
- Am I covered if I hit someone who is not insured?
- Am I covered when delivering products for my home-based business?
- Do I pay less for low miles?
- If I use my vehicle for business use is it covered?
- Is my custom paint covered by insurance?
If it’s difficult to answer those questions, you may need to chat with an agent. To find lower rates from a local agent, complete this form or click here for a list of auto insurance companies in your area.
Car insurance quotes from local Albuquerque insurance agents
A small number of people would prefer to go talk to an agent and doing that can be a smart decision A good thing about comparing insurance prices online is you can get the lowest rates and also buy local.
Upon completion of this short form, your coverage information is emailed to participating agents in Albuquerque who will give you quotes for your car insurance coverage. You never need to visit any agencies as quotes are delivered to you. You can find lower rates and a licensed agent to work with. If you wish to get a rate quote from a particular provider, just find their quoting web page and complete a quote there.
Picking a insurance company should include more criteria than just a cheap price. Any agent in Albuquerque should be willing to answer these questions.
- Are they primarily personal or commercial lines agents in Albuquerque?
- Is there a 24/7 contact number?
- Can you get a list of referrals?
- What company holds the largest book of business for them?
- What are their preferred companies if they are an independent agency?
- Is insurance their full-time profession?
- Will the agent help in case of a claim?
- Can glass claims be handled at your home?
The difference between Albuquerque car insurance agents
When researching a local Albuquerque insurance agent, it’s important to understand the different agency structures and how they can service your needs differently. Car insurance policy providers can be described as either exclusive or independent agents depending on their company appointments.
Exclusive Insurance Agencies
Agents in the exclusive channel can only quote rates from one company and some examples include Farmers Insurance, State Farm, Allstate, and AAA. Exclusive agents cannot provide rate quotes from other companies so if the price isn’t competitive there isn’t much they can do. Exclusive agencies are well schooled on sales techniques which helps them sell on service rather than price. Some insured continue to purchase coverage from exclusives mostly because of the prominence of the brand rather than having low rates.
Shown below are exclusive insurance agents in Albuquerque who can help you get price quotes.
- Erin Carnett – State Farm Insurance Agent
10200 Golf Course Rd NW a – Albuquerque, NM 87114 – (505) 898-4273 – View Map
- GEICO Insurance Agent
5317 Menaul Boulevard Northeast – Albuquerque, NM 87110 – (505) 265-1600 – View Map
- Stephanie Valdez – State Farm Insurance Agent
5921 Lomas Blvd NE a – Albuquerque, NM 87110 – (505) 255-8676 – View Map
Independent Agencies or Brokers
These type of agents can sell policies from many different companies and that allows them to write policies with any number of different companies and find the cheapest car insurance rates. If you are not satisfied with one company, they simply move the coverage in-house which is easy for the insured.
If you are trying to find cheaper rates, you will want to compare quotes from at least one independent agent so that you have a good selection of quotes to compare. Most also have access to companies that do not advertise much which may provide better rates.
Below is a list of independent agencies in Albuquerque that can give you price quotes.
- Commercial West Insurance
2616 Mesilla St NE #2 – Albuquerque, NM 87110 – (505) 255-9577 – View Map
- Daniels Insurance Inc
320 Gold Ave SW # 700 – Albuquerque, NM 87102 – (505) 766-9676 – View Map
- Menicucci Insurance Llc
2116 Vista Oeste NW Bldg 5 – Albuquerque, NM 87120 – (505) 883-3683 – View Map
If you receive positive feedback to any questions you have and a low price estimate, most likely you have located an insurance agent that can be trusted to insure your vehicles. But keep in mind consumers can cancel a policy at any point so never feel that you are permanently stuck with a specific company with no way to switch.
What is YOUR best insurance company?
As you quote Albuquerque car insurance, it’s very important that you do not buy less coverage just to save a little money. In too many instances, an insured dropped comprehensive coverage or liability limits only to regret that a couple dollars of savings turned into a financial nightmare. Your objective should be to buy the best coverage you can find at a price you can afford, but do not sacrifice coverage to save money.
We just covered quite a bit of information on how to reduce Chevy TrailBlazer insurance car insurance rates online in Albuquerque. The key concept to understand is the more rate quotes you have, the better your chances of lowering your premium rates. You may even find the lowest car insurance rates come from a company that doesn’t do a lot of advertising. These companies may only write in your state and offer lower premium rates compared to the large companies like Allstate and Progressive.
Additional learning opportunities
- Frontal Crash Tests (iihs.org)
- What Insurance is Cheapest for High School Students in Albuquerque? (FAQ)
- Who Has Affordable Albuquerque Car Insurance Rates for Drivers with a DUI? (FAQ)
- How Much is Albuquerque Auto Insurance for a Nissan Sentra? (FAQ)
- Who Has Affordable Car Insurance Quotes for Retired Military in Albuquerque? (FAQ)
- Who Has Cheap Car Insurance for Drivers with Good Credit in Albuquerque? (FAQ)
- Five Tips to Save on Auto Insurance (Insurance Information Institute)
- What is Covered by GAP Insurance? (Allstate)