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Get Cheap Car Insurance in Singing Arrow, Albuquerque, NM

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

 

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The Cheapest Minimum Coverage in Singing Arrow

The chart below shows the cheapest car insurance company in Singing Arrow 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.

 
Singing Arrow Insurer Monthly Cost
State Farm $55
Farm Bureau $64
Gainsco $70
Geico $73

Savings for Every Kind of Singing Arrow Driver

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

Based on our extensive insurance data, we know the average Singing Arrow 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 $398 per year by choosing the right vehicle insurance company. Some Singing Arrow residents are paying out over $1,782 extra every year for auto insurance in Singing Arrow. That cost may be even higher if you haven’t requested a new quote as your life situation changed.

Singing Arrow Car Insurance vs. Albuquerque

People living in Singing Arrow pay an average of 18.67% more than the typical driver in the state. The average driver in Singing Arrow can expect to pay about $921 per year, or $1,782 for full coverage.

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

Car Insurance Prices by Singing Arrow Neighborhood

Singing Arrow, Albuquerque, NM map of insurance costs by zip code and neighborhood

Insurance Prices

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Where is insurance cheapest within Singing Arrow?

The map shows insurance prices in and around Singing Arrow, with more expensive areas in red and places with cheaper car insurance in green. Insurance can vary by as much as $210 per year within the neighborhood boundaries, with insurance premiums ranging from a high of $1,871 to a low of $1,661. Insurance prices tend to be higher for those living in the North area, and lower for those with homes in the Southwest parts of Singing Arrow.

Pick the Best Car Insurance Company for You in Singing Arrow

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 Singing Arrow insurance provider for whom we have posted the highest savings dollar figure.

The best car insurance provider for most drivers in Singing Arrow

For drivers with clean driving records and no major strikes, State Farm is the best option, with annual savings of $398 over the average Singing Arrow car insurance company.

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We use the average good driver, paying $115 per month, as our baseline for pricing in Singing Arrow. 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 Singing Arrow drivers with accidents on their records

In Singing Arrow getting into an accident will raise premiums an average 38% for a yearly cost of $2,868. That's $1,086 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 $902 over the competition.

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The best car insurance company for Singing Arrow drivers with speeding tickets

>State Farm gave the average person with a speeding ticket the most savings, averaging $682 better than other car insurance companies.

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Depending on the insurance company, a speeding ticket can actually raise insurance premiums more than getting in an accident. In Singing Arrow, tickets raise premiums on new quotes about $756. If you have a speeding ticket, we recommend State Farm, Geico, and Gainsco for savings that beat the average insurance cost of $2,538 per year.

The best auto insurance for Singing Arrow drivers with a DUI conviction

Getting a DUI can increase the cost of insurance dramatically. The average person with a DUI paid $2,843 per year in auto insurance premiums, which was $1,061 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 $784 less each year.

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

In Singing Arrow, State Farm costs young drivers $1,728 less each year versus the average auto insurance bill.

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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 Singing Arrow. With an average cost of $5,715 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 Singing Arrow

Not everything is an excuse for the auto insurance companies to charge you more. Getting married provides an average discount of $112. State Farm, Geico, and Progressive provided the largest discounts to couples living in Singing Arrow.

State Farm gave the largest car insurance discounts to married couples, averaging $492 saved each year compared to an average Singing Arrow couple's premiums.

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The cheapest car insurance in Singing Arrow for drivers with bad credit

People with poor credit saved an average of $490 with Gainsco.

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Many people are surprised that their poor credit score can cost them an average of $972 every year. Premiums for people with poor credit were about $2,754 in Singing Arrow. 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 Singing Arrow car insurance company for customer service

Many car insurance companies over the years have struggled with customer service. In Singing Arrow, 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 Singing Arrow.

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

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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 Singing Arrow, which was better than other insurers.

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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 Singing Arrow. 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 Singing Arrow

Many customers have informed us that they prefer to work with large national brands. Maybe they're one of the 56% of Singing Arrow residents who are renting, and don't plan to be in the neighborhood or city 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 Singing Arrow driver can expect to pay about $97 per month.

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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 Singing Arrow, 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.
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Auto Insurance Prices in and Around Singing Arrow

What Influences the Cost of Car Insurance in Singing Arrow?

On average, car insurance in Singing Arrow 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 neighborhood are influenced by the following factors:

  • The average commute time in Singing Arrow is 34 minutes, which is far more than average for a driver in the city.
  • New Mexico state insurance regulations may allow for lower prices.
  • An average of 1 to 2 weeks with snow on the ground, which impacts accident rates.
  • Marriage rates in Singing Arrow are among the lowest in the state, and marriage often results in car insurance discounts.
  • Vehicle theft rates in the area are moderate, with a Vehicle Theft Crime Grade of D according to CrimeGrade.org.
  • Singing Arrow is one of the least populated areas in the state. The neighborhood’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 Singing Arrow is $77 per month for minimum coverage and $149 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 Neighborhoods

Neighborhoods with Similar Populations

* Who is the average Singing Arrow driver? Based on national demographic data provided by BestNeighborhood, we took a single unmarried man living in central Singing Arrow 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.