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 South Los Altos, Albuquerque, NM

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

 

Start Saving

;

The Cheapest Minimum Coverage in South Los Altos

The chart below shows the cheapest car insurance company in South Los Altos 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.

 
South Los Altos Insurer Monthly Cost
State Farm $51
Farm Bureau $60
Gainsco $65
Geico $69

Savings for Every Kind of South Los Altos Driver

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

Based on our extensive insurance data, we know the average South Los Altos 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 $374 per year by choosing the right vehicle insurance company. Some South Los Altos residents are paying out over $1,675 extra every year for auto insurance in South Los Altos. That cost may be even higher if you haven’t requested a new quote as your life situation changed.

Situation
South Los Altos, Albuquerque, NM Savings / Yr.
Drivers with good records
$374
Drivers with accidents
$847
Drivers with speeding tickets
$641
Drivers with a DUI conviction
$737
Young drivers
$1,624
Married drivers
$463
Drivers with bad credit
$461

South Los Altos Car Insurance vs. Albuquerque

People living in South Los Altos pay an average of 11.51% more than the typical driver in the state. The average driver in South Los Altos can expect to pay about $865 per year, or $1,675 for full coverage.

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

Car Insurance Prices by South Los Altos Neighborhood

South Los Altos, Albuquerque, NM map of insurance costs by zip code and neighborhood

Insurance Prices

More expensive
Average
Less expensive

Where is insurance cheapest within South Los Altos?

The map shows insurance prices in and around South Los Altos, with more expensive areas in red and places with cheaper car insurance in green. Insurance can vary by as much as $94 per year within the neighborhood boundaries, with insurance premiums ranging from a high of $1,738 to a low of $1,644. Insurance prices tend to be higher for those living in the Southwest area, and lower for those with homes in the Southeast parts of South Los Altos.

Pick the Best Car Insurance Company for You in South Los Altos

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 South Los Altos insurance provider for whom we have posted the highest savings dollar figure.

The best car insurance provider for most drivers in South Los Altos

For drivers with clean driving records and no major strikes, State Farm is the best option, with annual savings of $374 over the average South Los Altos car insurance company.

Visit Site

We use the average good driver, paying $108 per month, as our baseline for pricing in South Los Altos. 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 South Los Altos drivers with accidents on their records

In South Los Altos getting into an accident will raise premiums an average 38% for a yearly cost of $2,695. That's $1,020 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 $847 over the competition.

Visit Site

The best car insurance company for South Los Altos drivers with speeding tickets

>State Farm gave the average person with a speeding ticket the most savings, averaging $641 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 South Los Altos, tickets raise premiums on new quotes about $710. If you have a speeding ticket, we recommend State Farm, Geico, and Gainsco for savings that beat the average insurance cost of $2,385 per year.

The best auto insurance for South Los Altos drivers with a DUI conviction

Getting a DUI can increase the cost of insurance dramatically. The average person with a DUI paid $2,672 per year in auto insurance premiums, which was $997 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 $737 less each year.

Visit Site

The least expensive car insurance company for new and young drivers in South Los Altos

In South Los Altos, State Farm costs young drivers $1,624 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 South Los Altos. With an average cost of $5,370 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 South Los Altos

Not everything is an excuse for the auto insurance companies to charge you more. Getting married provides an average discount of $105. State Farm, Geico, and Progressive provided the largest discounts to couples living in South Los Altos.

State Farm gave the largest car insurance discounts to married couples, averaging $463 saved each year compared to an average South Los Altos couple's premiums.

Visit Site

The cheapest car insurance in South Los Altos for drivers with bad credit

People with poor credit saved an average of $461 with Gainsco.

Visit Site

Many people are surprised that their poor credit score can cost them an average of $913 every year. Premiums for people with poor credit were about $2,588 in South Los Altos. 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 South Los Altos car insurance company for customer service

Many car insurance companies over the years have struggled with customer service. In South Los Altos, 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 South Los Altos.

Nationwide was the best company for customer service in South Los Altos 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 South Los Altos, 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 South Los Altos. 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 South Los Altos

Many customers have informed us that they prefer to work with large national brands. Maybe they're one of the 47% of South Los Altos 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 South Los Altos 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 South Los Altos, 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 South Los Altos

What Influences the Cost of Car Insurance in South Los Altos?

On average, car insurance in South Los Altos 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 South Los Altos is 31 minutes, which is a little 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 South Los Altos are about 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.
  • South Los Altos has an average population density in the state. The neighborhood’s density could result in a price increase for drivers.

As a result of these and other factors, the average cost of car insurance in South Los Altos is $72 per month for minimum coverage and $140 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 South Los Altos driver? Based on national demographic data provided by BestNeighborhood, we took a single unmarried man living in central South Los Altos 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.