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Get Cheap Car Insurance in Edgewood, NM
We monitor insurance prices, helping the average driver in Edgewood save up to 31.4% on car insurance.
The Cheapest Minimum Coverage in Edgewood
The chart below shows the cheapest car insurance company in Edgewood 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.
| Edgewood Insurer | Monthly Cost |
|---|---|
| State Farm | $47 |
| Farm Bureau | $56 |
| Gainsco | $60 |
| Geico | $63 |
Savings for Every Kind of Edgewood Driver
Based on our extensive insurance data, we know the average Edgewood 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 $344 per year by choosing the right vehicle insurance company. Some Edgewood residents are paying out over $1,541 extra every year for auto insurance in Edgewood. That cost may be even higher if you haven’t requested a new quote as your life situation changed.
Situation |
Edgewood, NM Savings / Yr. |
|---|---|
$344 |
|
$780 |
|
$590 |
|
$678 |
|
$1,494 |
|
$426 |
|
$424 |
Edgewood Car Insurance vs. New Mexico
People living in Edgewood pay an average of 2.58% more than the typical driver in the state. The average driver in Edgewood can expect to pay about $796 per year, or $1,541 for full coverage.
Based on our analysis, State Farm will be the cheapest provider in Edgewood for most people.
Car Insurance Prices by Edgewood Neighborhood
Insurance Prices
Where is insurance cheapest within Edgewood?
The map shows insurance prices in and around Edgewood, with more expensive areas in red and places with cheaper car insurance in green. Insurance can vary by as much as $76 per year within the city boundaries, with insurance premiums ranging from a high of $1,573 to a low of $1,497. Insurance prices tend to be higher for those living in the Northwest area, and lower for those with homes in the Southeast parts of Edgewood.Pick the Best Car Insurance Company for You in Edgewood
The best car insurance provider for most drivers in Edgewood
For drivers with clean driving records and no major strikes, State Farm is the best option, with annual savings of $344 over the average Edgewood car insurance company.
The best car insurance provider for Edgewood drivers with accidents on their records
In our analysis, State Farm saved the average person who had been in an accident the most, with annual savings averaging $780 over the competition.
The best car insurance company for Edgewood drivers with speeding tickets
>State Farm gave the average person with a speeding ticket the most savings, averaging $590 better than other car insurance companies.
The best auto insurance for Edgewood drivers with a DUI conviction
Getting a quote from State Farm may cost the average person with a DUI about $678 less each year.
The least expensive car insurance company for new and young drivers in Edgewood
In Edgewood, State Farm costs young drivers $1,494 less each year versus the average auto insurance bill.
The best marriage discounts for vehicle insurance in Edgewood
State Farm gave the largest car insurance discounts to married couples, averaging $426 saved each year compared to an average Edgewood couple's premiums.
The cheapest car insurance in Edgewood for drivers with bad credit
The best Edgewood car insurance company for customer service
Recent price drops
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The cheapest large national provider in Edgewood
For customers who prefer to work with large national providers, we recommend State Farm for pricing. The average Edgewood driver can expect to pay about $97 per month.
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 Edgewood, 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.Auto Insurance Prices in and Around Edgewood
What Influences the Cost of Car Insurance in Edgewood?
On average, car insurance in Edgewood 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 Edgewood is 45 minutes, which is far more than average for a driver in the state.
- New Mexico state insurance regulations may allow for lower prices.
- An average of 15 to 16 weeks with snow on the ground, which impacts accident rates.
- Marriage rates in Edgewood are higher than average in the state, and marriage often results in car insurance discounts.
- Vehicle theft rates in the area are low, with a Vehicle Theft Crime Grade of D- according to CrimeGrade.org.
- Edgewood is a lightly populated area 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 Edgewood is $66 per month for minimum coverage and $128 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
- Tijeras: Insurance costs 0.45% less
- Cedar Grove: Insurance costs 1.95% less
- Zamora: Insurance costs 2.53% less
- Sandia Park: Insurance costs 0.65% less
- Moriarty: Insurance costs 1.82% less
- Ponderosa Pine: Insurance costs 1.56% more
- Cedar Crest: Insurance costs 0.84% less
- Escabosa: Insurance costs 0.26% less
- Stanley: Insurance costs 1.23% less
- Kirtland Afb: Insurance costs 13.50% more
Cities with Similar Populations
- Groveport: Insurance costs 24.01% less
- Hermantown: Insurance costs 2.79% more
- Hebron: Insurance costs 22.45% less
- Heath: Insurance costs 9.86% more
- Harvard: Insurance costs 4.74% less
- Hartwell: Insurance costs 12.78% more
- Harrison: Insurance costs 9.93% less
- Hamilton Square: Insurance costs 14.21% more
- Hahira: Insurance costs 1.56% more
- Gunbarrel: Insurance costs 25.18% more