Affordable Car Insurance Rates in Farmington, NM (2024)
Car insurance rates in Farmington, NM are $271/month on average. By law, New Mexico drivers need to carry at least 25/50/10 coverage, but that may not be enough for your needs. Compare car insurance quotes from multiple Farmington car insurance companies to get the coverage you need at the best rates available.
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Jimmy McMillan
Licensed Insurance Agent
Jimmy McMillan is an entrepreneur and the founder of HeartLifeInsurance.com, an independent insurance brokerage. His company specializes in insurance for people with heart problems. He knows personally how difficult it is to secure health and life insurance after a heart attack. Jimmy is a licensed insurance agent from coast to coast who has been featured on ValientCEO and the podcast Modern Li...
Licensed Insurance Agent
UPDATED: Jan 9, 2024
It’s all about you. We want to help you make the right coverage choices.
Advertiser Disclosure: We strive to help you make confident car insurance decisions. Comparison shopping should be easy. We are not affiliated with any one car insurance provider and cannot guarantee quotes from any single provider.
Our car insurance industry partnerships don’t influence our content. Our opinions are our own. To compare quotes from many different car insurance companies please enter your ZIP code on this page to use the free quote tool. The more quotes you compare, the more chances to save.
Editorial Guidelines: We are a free online resource for anyone interested in learning more about car insurance. Our goal is to be an objective, third-party resource for everything car insurance-related. We update our site regularly, and all content is reviewed by car insurance experts.
UPDATED: Jan 9, 2024
It’s all about you. We want to help you make the right coverage choices.
Advertiser Disclosure: We strive to help you make confident car insurance decisions. Comparison shopping should be easy. We are not affiliated with any one car insurance provider and cannot guarantee quotes from any single provider.
Our car insurance industry partnerships don’t influence our content. Our opinions are our own. To compare quotes from many different car insurance companies please enter your ZIP code on this page to use the free quote tool. The more quotes you compare, the more chances to save.
On This Page
- The cheapest car insurance company in Farmington after a DUI is State Farm
- The annual number of car thefts in Farmington is 146.
- Average car insurance rates in Farmington, NM are $271/month
Average car insurance rates in Farmington, New Mexico are $271 a month. But with a little research you can get a great deal from the top car insurance companies in Farmington, NM. Before you buy Farmington, New Mexico car insurance, make sure your coverage meets or exceeds the New Mexico minimum of 25/50/10.
It may even be helpful to compare Farmington car insurance rates with Albuquerque car insurance rates, Hobbs car insurance rates, or Santa Fe car insurance rates to make sure you’re getting the best Farmington, NM car insurance quotes available.
Need affordable Farmington, NM car insurance? Enter your ZIP code to compare Farmington car insurance quotes from multiple car insurance companies near you.
Farmington, NM Minimum Car Insurance Coverage
Farmington, New Mexico law requires drivers carry a minimum of 25/50/10 coverage. Take a look at the breakdown of the minimums here.
| Liability Insurance Required | Minimum Coverage Limits Required |
|---|---|
| Bodily Injury Liability Coverage | $25,000 per person $50,000 per accident |
| Property Damage Liability Coverage | $10,000 minimum |
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Farmington, NM Car Insurance Rates by Coverage Level
Some Farmington drivers can get by with the New Mexico minimum coverage of 25/50/10. Other drivers may need more. See how much your Farmington, New Mexico car insurance rates may be based on the coverage you need.
| Insurance Company | Low | Medium | High |
|---|---|---|---|
| Allstate | $3,968 | $4,148 | $4,354 |
| Farmers | $3,488 | $3,795 | $4,202 |
| Geico | $3,928 | $4,201 | $4,509 |
| Nationwide | $3,163 | $3,220 | $3,365 |
| Progressive | $2,591 | $2,736 | $2,883 |
| State Farm | $1,980 | $2,186 | $2,375 |
| USAA | $2,234 | $2,419 | $2,567 |
Farmington, NM Car Insurance Rates by Age, Gender, and Marital Status
Farmington, New Mexico car insurance rates are based on many criteria. Three of these are age, gender, and marital status. Before you buy Farmington, NM car insurance, get quotes from multiple car insurance companies in the Farmington area and see how these criteria affect your rates.
| Insurance Company | Married 35-Year-Old Female | Married 35-Year-Old Male | Married 60-Year-Old Female | Married 60-Year-Old Male | Single 17-Year-Old Female | Single 17-Year-Old Male | Single 25-Year-Old Female | Single 25-Year-Old Male |
|---|---|---|---|---|---|---|---|---|
| Allstate | $2,447 | $2,447 | $2,252 | $2,366 | $8,414 | $9,783 | $2,694 | $2,853 |
| Farmers | $2,145 | $2,130 | $1,924 | $2,057 | $8,646 | $8,844 | $2,407 | $2,476 |
| Geico | $2,600 | $2,669 | $2,442 | $2,442 | $7,617 | $10,449 | $2,743 | $2,739 |
| Nationwide | $2,227 | $2,259 | $2,031 | $2,123 | $5,393 | $6,763 | $2,515 | $2,685 |
| Progressive | $1,440 | $1,384 | $1,321 | $1,318 | $6,078 | $6,842 | $1,731 | $1,780 |
| State Farm | $1,432 | $1,432 | $1,304 | $1,304 | $3,821 | $4,785 | $1,598 | $1,765 |
| USAA | $1,585 | $1,569 | $1,515 | $1,504 | $4,241 | $4,786 | $1,961 | $2,093 |
Farmington, NM Car Insurance Rates for Teens
How much is Farmington, New Mexico car insurance for teens? Compare rates from top Farmington car insurance companies below to help find the cheapest teen car insurance in Farmington, NM.
| Insurance Company | Single 17-Year-Old Female | Single 17-Year-Old Male |
|---|---|---|
| Allstate | $8,414 | $9,783 |
| Farmers | $8,646 | $8,844 |
| Geico | $7,617 | $10,449 |
| Nationwide | $5,393 | $6,763 |
| Progressive | $6,078 | $6,842 |
| State Farm | $3,821 | $4,785 |
| USAA | $4,241 | $4,786 |
Farmington, NM Car Insurance Rates for Seniors
Before seniors buy Farmington, New Mexico car insurance, they should make sure to shop around. Some Farmington, NM car insurance companies may offer discounts or other savings options for senior car insurance.
| Insurance Company | Married 60-Year-Old Female | Married 60-Year-Old Male |
|---|---|---|
| Allstate | $2,252 | $2,366 |
| Farmers | $1,924 | $2,057 |
| Geico | $2,442 | $2,442 |
| Nationwide | $2,031 | $2,123 |
| Progressive | $1,321 | $1,318 |
| State Farm | $1,304 | $1,304 |
| USAA | $1,515 | $1,504 |
Farmington, NM Car Insurance Rates by Credit History
How does your credit history affect Farmington, NM car insurance rates? Review the numbers here to find out.
| Insurance Company | Poor | Fair | Good |
|---|---|---|---|
| Allstate | $4,833 | $3,989 | $3,649 |
| Farmers | $4,400 | $3,633 | $3,452 |
| Geico | $4,719 | $4,112 | $3,806 |
| Nationwide | $3,971 | $3,095 | $2,683 |
| Progressive | $2,987 | $2,679 | $2,544 |
| State Farm | $3,092 | $1,920 | $1,528 |
| USAA | $3,009 | $2,255 | $1,956 |
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Farmington, NM Car Insurance Rates by Driver History
How does a single speeding ticket affect your Farmington, New Mexico car insurance? What about a traffic accident? See the impact your driving history may have on car insurance rates in Farmington.
| Group | Clean Record | With 1 Accident | With 1 DUI | With 1 Speeding Violation |
|---|---|---|---|---|
| Allstate | $3,401 | $4,513 | $4,864 | $3,851 |
| Farmers | $3,231 | $4,166 | $4,070 | $3,846 |
| Geico | $2,493 | $3,986 | $7,878 | $2,493 |
| Nationwide | $2,449 | $3,411 | $4,374 | $2,764 |
| Progressive | $2,365 | $3,248 | $2,547 | $2,786 |
| State Farm | $2,050 | $2,224 | $2,224 | $2,224 |
| USAA | $1,783 | $2,490 | $3,275 | $2,079 |
Farmington, NM Car Insurance Rates With a DUI
Even a single DUI can increase your Farmington, NM car insurance rates. Compare rates below to see which Farmington car insurance company has the best rates for drivers with a DUI.
| Insurance Company | Annual Car Insurance Rates With a DUI |
|---|---|
| Allstate | $4,864 |
| Farmers | $4,070 |
| Geico | $7,878 |
| Nationwide | $4,374 |
| Progressive | $2,547 |
| State Farm | $2,224 |
| USAA | $3,275 |
Farmington, NM Car Insurance Rates by ZIP Code
Just like Farmington car insurance rates may vary from other cities nearby, rates can also vary within a city. Let’s take a look at how Farmington, NM car insurance rates fluctuate by ZIP code.
| ZIP Code | Average Annual Rates |
|---|---|
| 87401 | $3,404 |
| 87402 | $3,452 |
Farmington, NM Car Insurance Rates by Commute
The more time you spend on your daily commute, the higher your Farmington, NM car insurance rates may be. Let’s take a look at average car insurance rates from top Farmington companies based on commute time.
| Insurance Company | 10 Mile Commute, 6,000 Annual Mileage | 25 Mile Commute, 12,000 Annual Mileage |
|---|---|---|
| Allstate | $4,157 | $4,157 |
| Farmers | $3,828 | $3,828 |
| Geico | $4,148 | $4,277 |
| Nationwide | $3,249 | $3,249 |
| Progressive | $2,737 | $2,737 |
| State Farm | $2,127 | $2,233 |
| USAA | $2,335 | $2,479 |
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Farmington, NM Cheapest Car Insurance Rates
How do the top Farmington, New Mexico car insurance companies’ average rates stack up against the Farmington average monthly car insurance rates of $271? Take a look and see.
| Category | Insurance Company |
|---|---|
| Teenagers | State Farm |
| Seniors | State Farm |
| Clean Record | USAA |
| With 1 Accident | State Farm |
| With 1 DUI | State Farm |
| With 1 Speeding Violation | USAA |
Farmington, NM Top Car Insurance Companies
Car insurance is a competitive market. Here’s a look at the top Farmington, New Mexico car insurance companies to help you find one that best fits your needs.
| Insurance Company | Average Annual Rates |
|---|---|
| Allstate | $4,157 |
| Farmers | $3,828 |
| Geico | $4,213 |
| Nationwide | $3,249 |
| Progressive | $2,737 |
| State Farm | $2,180 |
| USAA | $2,407 |
Other Factors Affecting Farmington, NM Car Insurance Rates
Before you buy Farmington, New Mexico car insurance, make sure you know what else car insurance companies take into account when calculating car insurance rates.
Farmington, NM Car Theft Rates
The car theft rate in Farmington, NM will affect your car insurance rates. FBI data shows that the annual car theft rate for Farmington, New Mexico is 146 stolen cars.
Farmington, NM Commute Time
How does your Farmington, NM commute time compare with the average driver? In Farmington, the average commute is 18.2 minutes.
Farmington, NM Traffic
Spending time in Farmington traffic can lead to higher car insurance rates. According to INRIX data, Farmington, NM ranks as the 898th-most congested with traffic in the world.
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Farmington, NM Car Insurance Quotes
Compare Farmington, NM car insurance quotes from multiple companies by entering your ZIP code now.
Enter your ZIP code below to view companies that have cheap auto insurance rates.
Secured with SHA-256 Encryption
Jimmy McMillan
Licensed Insurance Agent
Jimmy McMillan is an entrepreneur and the founder of HeartLifeInsurance.com, an independent insurance brokerage. His company specializes in insurance for people with heart problems. He knows personally how difficult it is to secure health and life insurance after a heart attack. Jimmy is a licensed insurance agent from coast to coast who has been featured on ValientCEO and the podcast Modern Li...
Licensed Insurance Agent
Editorial Guidelines: We are a free online resource for anyone interested in learning more about car insurance. Our goal is to be an objective, third-party resource for everything car insurance-related. We update our site regularly, and all content is reviewed by car insurance experts.