Coverage Watch does not have a financial relationship with any car insurance companies and quote providers. Everything displayed on the site is completely free from bias and based on legitimate data.

Get Cheap Car Insurance in Chimayo, NM

We monitor insurance prices, helping the average driver in Chimayo save up to 31.4% on car insurance.

 

Start Saving

;

The Cheapest Minimum Coverage in Chimayo

The chart below shows the cheapest car insurance company in Chimayo for a driver with a good record seeking minimum coverage on a mid-grade used vehicle. Values are estimated, and premiums may be lower or higher, but should be in an accurate order for a good driver. In general, drivers with good records will get the best prices through State Farm, followed by Farm Bureau, Gainsco, and Geico.

 
Chimayo Insurer Monthly Cost
State Farm $48
Farm Bureau $57
Gainsco $61
Geico $64

Savings for Every Kind of Chimayo Driver

The table shows how much the average auto insurance customer in Chimayo might save by following our recommendations.

Based on our extensive insurance data, we know the average Chimayo driver will save about 22% on car insurance. This isn’t marketing: this is unbiased data with no financial influence. The best auto insurance company depends on factors such as your driving record, home location, credit score, marital status, and age. The average driver will find themselves saving $349 per year by choosing the right vehicle insurance company. Some Chimayo residents are paying out over $1,565 extra every year for auto insurance in Chimayo. That cost may be even higher if you haven’t requested a new quote as your life situation changed.

Situation
Chimayo, NM Savings / Yr.
Drivers with good records
$349
Drivers with accidents
$792
Drivers with speeding tickets
$599
Drivers with a DUI conviction
$689
Young drivers
$1,517
Married drivers
$432
Drivers with bad credit
$430

Chimayo Car Insurance vs. New Mexico

People living in Chimayo pay an average of 4.20% more than the typical driver in the state. The average driver in Chimayo can expect to pay about $809 per year, or $1,565 for full coverage.

Based on our analysis, State Farm will be the cheapest provider in Chimayo for most people.

Car Insurance Prices by Chimayo Neighborhood

Chimayo, NM map of insurance costs by zip code and neighborhood

Insurance Prices

More expensive
Average
Less expensive

Where is insurance cheapest within Chimayo?

The map shows insurance prices in and around Chimayo, with more expensive areas in red and places with cheaper car insurance in green. Insurance can vary by as much as $80 per year within the city boundaries, with insurance premiums ranging from a high of $1,600 to a low of $1,520. Insurance prices tend to be higher for those living in the East area, and lower for those with homes in the South parts of Chimayo.

Pick the Best Car Insurance Company for You in Chimayo

We have analyzed insurance costs for auto insurance customers based on the major variables that impact pricing. The results of our analysis are below, including US dollar savings. What about when you meet one or more of the criteria? For example, if you have both a DUI and a speeding ticket? Simply start with the Chimayo insurance provider for whom we have posted the highest savings dollar figure.

The best car insurance provider for most drivers in Chimayo

For drivers with clean driving records and no major strikes, State Farm is the best option, with annual savings of $349 over the average Chimayo car insurance company.

Visit Site

We use the average good driver, paying $101 per month, as our baseline for pricing in Chimayo. State Farm, Travelers, and Safeco Insurance are all good choices for quotes if you have a clean record. See also the best providers for married people if you are married, and look for repeated company names.

The best car insurance provider for Chimayo drivers with accidents on their records

In Chimayo getting into an accident will raise premiums an average 38% for a yearly cost of $2,518. That's $953 per year more than a driver with no at-fault crashes on their driving record might pay. To avoid paying out more than you need to, State Farm, Nationwide, and Travelers are good choices for drivers with accidents.

In our analysis, State Farm saved the average person who had been in an accident the most, with annual savings averaging $792 over the competition.

Visit Site

The best car insurance company for Chimayo drivers with speeding tickets

>State Farm gave the average person with a speeding ticket the most savings, averaging $599 better than other car insurance companies.

Visit Site

Depending on the insurance company, a speeding ticket can actually raise insurance premiums more than getting in an accident. In Chimayo, tickets raise premiums on new quotes about $664. If you have a speeding ticket, we recommend State Farm, Geico, and Gainsco for savings that beat the average insurance cost of $2,229 per year.

The best auto insurance for Chimayo drivers with a DUI conviction

Getting a DUI can increase the cost of insurance dramatically. The average person with a DUI paid $2,497 per year in auto insurance premiums, which was $932 more than a driver with no major issues. State Farm, Progressive, and Kemper penalized their customers the least for a DUI.

Getting a quote from State Farm may cost the average person with a DUI about $689 less each year.

Visit Site

The least expensive car insurance company for new and young drivers in Chimayo

In Chimayo, State Farm costs young drivers $1,517 less each year versus the average auto insurance bill.

Visit Site

Teen drivers account for more than their share of accidents, and thus end up paying about 69% more for insurance than more mature drivers in Chimayo. With an average cost of $5,018 per year (for young drivers who aren't on a parent's plan), car insurance for inexperienced drivers can’t ever be called "cheap." A few companies like State Farm, Nationwide, and Farm Bureau try to attract these younger drivers with lower prices in the hopes that they will stay with the company.

The best marriage discounts for vehicle insurance in Chimayo

Not everything is an excuse for the auto insurance companies to charge you more. Getting married provides an average discount of $98. State Farm, Geico, and Progressive provided the largest discounts to couples living in Chimayo.

State Farm gave the largest car insurance discounts to married couples, averaging $432 saved each year compared to an average Chimayo couple's premiums.

Visit Site

The cheapest car insurance in Chimayo for drivers with bad credit

People with poor credit saved an average of $430 with Gainsco.

Visit Site

Many people are surprised that their poor credit score can cost them an average of $853 every year. Premiums for people with poor credit were about $2,418 in Chimayo. However, some insurance companies do not take credit score into account. If you have a credit score below 575, get quotes from Geico, Nationwide, and Gainsco.

The best Chimayo car insurance company for customer service

Many car insurance companies over the years have struggled with customer service. In Chimayo, the National Association of Insurance Commissioners (NAIC) ranks Nationwide as the best. Another valuable metric: JD Power ranks American Family Insurance as the best provider in Chimayo.

Nationwide was the best company for customer service in Chimayo according to the NAIC.

Visit Site

Recent price drops

Due to improvements in our tracking and methodology, we are unable to show price change data for the most recent year. This data will return next year (2023).

In 2020, at the peak of the global pandemic, {{top1_2020pricedrop_company}} changed their average price {{top1_2020pricedrop_company_percentage}}% in Chimayo, which was better than other insurers.

Visit Site

During the Covid-19 pandemic a few insurance companies realized people were driving less and struggling overall. They proactively lowered their rates for many customers in Chimayo. We think helping communities in a time of need deserves special attention. Many insurance companies have advertisements telling us how much they care: we prefer to look at their actions.

The cheapest large national provider in Chimayo

Many customers have informed us that they prefer to work with large national brands. Maybe they're one of the 13% of Chimayo residents who are renting, and don't plan to be in the city or state for very long. Or maybe national recognition and funds make people feel more secure with a large provider. Regardless, State Farm tends to have the lowest prices for most drivers.

For customers who prefer to work with large national providers, we recommend State Farm for pricing. The average Chimayo driver can expect to pay about $97 per month.

Visit Site

What About USAA?

JD power consistently ranks USAA as the top car insurance company in the United States. We don’t compare their rates because most people can’t sign up. USAA only allows active military members and their spouses and children to apply. In Chimayo, USAA has the best prices for young drivers, drivers with accidents, good drivers, married couples, drivers with speeding tickets, drivers with a DUI conviction, and drivers with bad credit.
Get USAA (An excellent choice if you qualify)

Auto Insurance Prices in and Around Chimayo

What Influences the Cost of Car Insurance in Chimayo?

On average, car insurance in Chimayo is more expensive than the rest of the state. These high prices are no mystery to us. Coverage Watch tracks car insurance costs and uses a complex AI that finds related variables, and has determined car insurance prices in the city are influenced by the following factors:

  • The average commute time in Chimayo is 39 minutes, which is a little more than average for a driver in the state.
  • New Mexico state insurance regulations may allow for lower prices.
  • An average of 0 weeks with snow on the ground, which impacts accident rates.
  • Marriage rates in Chimayo are higher than average in the state, and marriage often results in car insurance discounts.
  • Vehicle theft rates in the area are very high, with a Vehicle Theft Crime Grade of F according to CrimeGrade.org.
  • Chimayo is one of the least populated areas in the state. The city’s density could result in a price decrease for drivers.

As a result of these and other factors, the average cost of car insurance in Chimayo is $67 per month for minimum coverage and $130 per month for full coverage. Costs vary widely based on your situation, and will likely be lower if you have a clean driving record and follow our insurance company research to find the best car insurance company for you.

Car Insurance in Nearby Cities

Cities with Similar Populations

* Who is the average Chimayo driver? Based on national demographic data provided by BestNeighborhood, we took a single unmarried man living in central Chimayo with good (but not perfect) credit driving a used midsized sedan. Data sources: proprietary data collection and analysis, unique to CoverageWatch.org All content copyright CoverageWatch.org. Journalists and other websites are free to cite any data with attribution.