Car Insurance in Albuquerque
Numbers refreshed
Car insurance in Albuquerque rests on New Mexico averages, plus the way people there drive.
- $118Full coverage, at the New Mexico monthly average.
- 25/50/10.the state's minimum limits.
What it costs drivers around Albuquerque
In New Mexico, full coverage averages $1,422 a year, while the legal minimum comes to $669. In a big city, prices usually sit higher than the state average because of more traffic, more claims and more theft.
| Coverage in New Mexico | Per year | Per month |
|---|---|---|
| Liability | $669 | $56 |
| Collision | $459 | $38 |
| Comprehensive | $294 | $25 |
| Full coverage (all three) | $1,422 | $118 |
Source: NAIC 2024 Auto Insurance Database Average Premium Supplement (PDF).
On the road in Albuquerque
| Census figure | Albuquerque |
|---|---|
| People | 562,218 |
| Average trip to work | 22 minutes |
| Drive to work alone | 71% |
| Homes with no car | 7% |
| Median household income | $68,317 |
Source: U.S. Census Bureau, American Community Survey 2020-2024 5-year table-based Summary File.
An estimate for yourself
The New Mexico calculator works out a price from your age, record and car. You'll find the state's rules in New Mexico car insurance requirements.
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