If you want to save money, the best way to get cheaper Nissan Xterra insurance is to make a habit of regularly comparing prices from insurance carriers in Albuquerque.
- First, get an understanding of auto insurance and the factors you can control to prevent expensive coverage. Many rating factors that result in higher prices such as traffic tickets, fender benders, and a poor credit score can be controlled by making small lifestyle or driving habit changes. Continue reading for more details to help reduce prices and find overlooked discounts.
- Second, compare prices from independent agents, exclusive agents, and direct companies. Exclusive and direct companies can provide rates from one company like GEICO or Allstate, while independent agencies can quote prices for a wide range of companies.
- Third, compare the new rate quotes to your existing policy to determine if switching companies saves money. If you find a lower rate, ensure coverage does not lapse between policies.
An important note is to use identical limits and deductibles on each quote and and to get quotes from all possible companies. This enables a level playing field and the best price selection.
It’s an obvious statement that car insurance companies don’t want policyholders to shop around. People who get comparison quotes once a year are likely to buy a different policy because the odds are good of finding good coverage at a lower price. A study discovered that consumers who regularly compared rates saved on average $865 annually compared to other drivers who never shopped around.
If finding the lowest rates on Nissan Xterra insurance in Albuquerque is why you’re here, then knowing how to find and compare insurance coverage can save time, money, and frustration.
Getting quotes for the best-priced policy in Albuquerque is not that difficult. If you are already insured or need new coverage, use these money-saving tips to save money and still have adequate protection. Consumers just need to understand the least time-consuming way to compare prices from many different companies online.
Insurance policy discounts for Nissan Xterra insurance in Albuquerque
Companies offering auto insurance do not list all available discounts very well, so the list below gives a summary of a few of the more common as well as the least known credits available to you.
- Safe Driver Discounts – Drivers who avoid accidents may receive a discount up to 45% compared to accident prone drivers.
- Life Insurance Discount – Select companies reward you with lower premium rates if you buy life insurance from them.
- Senior Citizen Discount – Drivers that qualify as senior citizens are able to get a slight reduction on a Albuquerque car insurance quote.
- ABS and Traction Control Discounts – Cars, trucks, and SUVs that have steering control and anti-lock brakes can stop better under adverse conditions and earn discounts up to 10%.
- Early Payment Discounts – By making one initial payment rather than paying in monthly installments you can avoid the installment charge.
- Military Deployment Discount – Being on active deployment in the military can result in better premium rates.
- Waiver for an Accident – This one is not really a discount per se, but some insurance companies will turn a blind eye to one accident before hitting you with a surcharge if you have no claims for a certain period of time.
- Theft Deterrent System – Vehicles that have factory alarm systems and tracking devices are stolen with less frequency and qualify for as much as a 10% discount.
- Paperwork-free – Some insurance companies will discount your bill up to fifty bucks for buying a policy and signing up online.
- Renewal Discounts – Some companies provide a discount for switching companies prior to the expiration date on your current Xterra insurance policy. It’s a savings of about 10%.
As a disclaimer on discounts, most discounts do not apply to the entire cost. Most only apply to the price of certain insurance coverages like medical payments or collision. So even though you would think adding up those discounts means a free policy, you won’t be that lucky.
The example below shows the difference between Nissan Xterra car insurance costs with and without discounts applied to the policy rates. The rate quotes are based on a female driver, no accidents or driving violations, New Mexico state minimum liability limits, comp and collision included, and $100 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-policy, multi-car, safe-driver, homeowner, claim-free, and marriage discounts applied.
A few popular companies and some of the discounts are included below.
- State Farm offers discounts for driver’s education, accident-free, multiple autos, defensive driving training, safe vehicle, and Steer Clear safe driver discount.
- GEICO discounts include driver training, federal employee, multi-vehicle, good student, defensive driver, and emergency military deployment.
- Liberty Mutual may offer discounts for newly married, new graduate, newly retired, new vehicle discount, and multi-car.
- The Hartford may have discounts that include good student, bundle, defensive driver, vehicle fuel type, anti-theft, air bag, and driver training.
- MetLife offers discounts including good driver, defensive driver, claim-free, accident-free, good student, multi-policy
- Progressive may include discounts for multi-vehicle, continuous coverage, online signing, online quote discount, homeowner, and multi-policy.
It’s a good idea to ask each company or agent what discounts are available to you. Discounts may not apply to policyholders in every state. To view providers with the best discounts in New Mexico, click here.
Cheap Albuquerque Nissan Xterra insurance quotes online
The companies in the list below offer price quotes in New Mexico. If you want cheap car insurance in New Mexico, it’s highly recommended you compare several of them to get the lowest price.
Insurance coverage details
The data table displayed next highlights detailed analysis of rate quotes for Nissan Xterra models. Learning as much as possible about how policy premiums are established can benefit drivers when making decisions when shopping your coverage around.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Xterra X 2WD | $148 | $208 | $434 | $26 | $130 | $946 | $79 |
| Xterra S 2WD | $148 | $208 | $434 | $26 | $130 | $946 | $79 |
| Xterra S 4WD | $148 | $208 | $434 | $26 | $130 | $946 | $79 |
| Xterra X 4WD | $148 | $208 | $434 | $26 | $130 | $946 | $79 |
| Xterra Off Road 4WD | $170 | $266 | $434 | $26 | $130 | $1,026 | $86 |
| Xterra SE 2WD | $170 | $266 | $434 | $26 | $130 | $1,026 | $86 |
| Xterra SE 4WD | $170 | $266 | $434 | $26 | $130 | $1,026 | $86 |
| Get Your Own Custom Quote Go | |||||||
Data assumes single female driver age 30, no speeding tickets, no at-fault accidents, $1000 deductibles, and New Mexico minimum liability limits. Discounts applied include homeowner, multi-policy, claim-free, safe-driver, and multi-vehicle. Premium costs do not factor in vehicle garaging location which can influence insurance rates noticeably.
Analysis of deductible levels
One common question asked by Albuquerque drivers is what deductibles to buy. The following insurance rates may help to illustrate the differences in price between low and high comp and collision deductibles. The first rate estimation uses a $100 comprehensive and collision deductible and the second rate table uses a $500 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Xterra X 2WD | $242 | $322 | $322 | $20 | $96 | $1,027 | $86 |
| Xterra S 2WD | $242 | $322 | $322 | $20 | $96 | $1,027 | $86 |
| Xterra S 4WD | $242 | $322 | $322 | $20 | $96 | $1,027 | $86 |
| Xterra X 4WD | $242 | $322 | $322 | $20 | $96 | $1,027 | $86 |
| Xterra Off Road 4WD | $278 | $412 | $322 | $20 | $96 | $1,153 | $96 |
| Xterra SE 2WD | $278 | $412 | $322 | $20 | $96 | $1,153 | $96 |
| Xterra SE 4WD | $278 | $412 | $322 | $20 | $96 | $1,153 | $96 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Xterra X 2WD | $176 | $218 | $322 | $20 | $96 | $832 | $69 |
| Xterra S 2WD | $176 | $218 | $322 | $20 | $96 | $832 | $69 |
| Xterra S 4WD | $176 | $218 | $322 | $20 | $96 | $832 | $69 |
| Xterra X 4WD | $176 | $218 | $322 | $20 | $96 | $832 | $69 |
| Xterra Off Road 4WD | $202 | $278 | $322 | $20 | $96 | $918 | $77 |
| Xterra SE 2WD | $202 | $278 | $322 | $20 | $96 | $918 | $77 |
| Xterra SE 4WD | $202 | $278 | $322 | $20 | $96 | $918 | $77 |
| Get Your Own Custom Quote Go | |||||||
Data variables include married male driver age 30, no speeding tickets, no at-fault accidents, and New Mexico minimum liability limits. Discounts applied include claim-free, multi-vehicle, safe-driver, homeowner, and multi-policy. Premium costs do not factor in the specific area where the vehicle is garaged which can revise premiums considerably.
We can estimate from the data above that using a $100 deductible could cost the average driver approximately $18 more each month or $216 each year than buying the higher $500 deductible. Because you would be required to pay $400 more to file a claim with a $500 deductible as compared to a $100 deductible, if you tend to go at a minimum 22 months between claim filings, you would save more money if you decide on a higher deductible.
The diagram below demonstrates how deductibles and can increase or decrease Nissan Xterra insurance costs for different age groups. The premium estimates are based on a married female driver, comprehensive and collision coverage, and no additional discounts are factored in.
Why You Might Pay Higher Rates in Albuquerque
Smart consumers have a good feel for some of the factors that help determine the level of your policy premiums. When you know what positively or negatively controls the rates you pay, this enables informed choices that can help you get big savings.
Tickets and citations cost more than a fine – Even a single moving violation could increase your next policy renewal forty percent or more. Attentive drivers have lower premiums compared to drivers with tickets. Drivers who get careless citations like DUI or willful reckless driving might be required by their state to maintain a SR-22 with their state in order to prevent their license from being revoked.
The example below highlights how speeding tickets and fender-benders increase Nissan Xterra car insurance costs for different age groups. The information is based on a single male driver, comprehensive and collision coverage, $500 deductibles, and no discounts are applied to the premium.
Eliminate extra policy coverages – There are many extra add-on coverages that can add up if you aren’t diligent. Things like rental car coverage, towing, and extra equipment coverage could be just wasting money. They may seem like a good idea when buying your policy, but if you have no use for them eliminate them to save money.
Get married and get better costs – Having a spouse may earn you lower rates compared to being single. Having a significant other generally demonstrates drivers are less irresponsible and statistics prove being married results in fewer claims.
High physical damage deductibles reduce prices – The deductibles you choose are the amount of money you are required to spend if you file a covered claim. Insurance for physical damage to your car, aka comp and collision, is used to repair damage to your car. Some examples of covered claims are collision with another vehicle, damage from fire, and having a roll-over accident. The higher the amount you are required to pay out-of-pocket, the lower your rates will be.
Do females or males drive better? – Statistics have proven that females tend to be a little less risky than males. Now that doesn’t mean males are worse at driving than females. Women and men are in at-fault accidents in similar percentages, but the male of the species get into accidents with more damage. They also receive more costly citations such as DWI and reckless driving.
The chart below shows the difference between Nissan Xterra insurance costs for male and female drivers. The premiums are based on no driving violations, no at-fault accidents, full coverage, $250 deductibles, marital status is single, and no discounts are taken into consideration.
Your location is a factor – Being located in less populated areas of the country can save you money when shopping for auto insurance. Less people living in that area corresponds to lower accident rates and lower theft and vandalism rates. City drivers have to deal with more aggressive driving styles and longer commute times. More time behind the wheel can result in more accidents.
Improve your credit score – An insured’s credit rating is a big factor in determining what you pay. Insureds with high credit scores tend to file fewer claims than drivers with lower credit scores. Therefore, if your credit history could use some work, you may save money insuring your Nissan Xterra by repairing your credit.
Never have policy lapses – Driving without insurance is a big no-no and any future policy may cost more because you let your insurance coverage expire. And not only will insurance be more expensive, getting caught without coverage may earn you a fine, jail time, or a revoked license.
Nissan Xterra insurance loss data – Insurance companies take into consideration historical loss data for every vehicle to help determine the price you pay. Vehicles that the statistics show to have higher number or severity of losses will have increased rates.
The data below shows the insurance loss data for Nissan Xterra vehicles. For each policy coverage type, the statistical loss for all vehicles, as an average, is equal to 100. Numbers that are below 100 indicate a favorable loss history, while numbers shown that are more than 100 point to more claims or a tendency for claims to be larger.
| Specific Nissan Model | Collision | Property Damage | Comp | Personal Injury | Medical Payment | Bodily Injury |
|---|---|---|---|---|---|---|
| Nissan Xterra 4dr 2WD | 57 | 95 | 45 | |||
| Nissan Xterra 4dr 4WD | 62 | 100 | 63 | 59 | 77 | 86 |
Empty fields indicate not enough data collected
Data Source: iihs.org (Insurance Institute for Highway Safety) for 2013-2015 Model Years
Independent and exclusive insurance agents
Some people prefer to sit down and talk to an agent. Licensed agents can help you choose the best coverages and help you file claims. A nice benefit of getting online price quotes is you can get the best rates but still work with a licensed agent. Putting coverage with local agents is important especially in Albuquerque.
To find an agent, once you fill out this simple form, your insurance coverage information is transmitted to local insurance agents in Albuquerque who will gladly provide quotes to get your business. You don’t have to even leave your home since rate quotes are delivered directly to you. If you need to quote rates from a particular provider, you just need to visit that company’s website and complete a quote there.
Exclusive or Independent: There is a difference
If you are wanting to purchase car insurance from a local Albuquerque insurance agent, you should know the types of agencies that differ in how they can insure your vehicles. Car insurance policy providers can either be independent or exclusive. Either one can sell car insurance policies, but it’s worth mentioning the differences because it can factor into your agent selection.
Independent Agents (or Brokers)
These agents are not employed by one company and that gives them the ability to insure with any number of different companies and find the cheapest car insurance rates. If you are not satisfied with one company, your policy is moved internally and you don’t have to switch agencies.
When comparing rates, we recommend you include rate quotes from independent agents so that you have a good selection of quotes to compare.
Below is a small list of independent insurance agencies in Albuquerque that may be able to give free car insurance rate quotes.
Berger Briggs Real Estate and Insurance Inc
4333 Pan American Fwy – Albuquerque, NM 87107 – (505) 247-0444 – View Map
Daniels Insurance Inc
320 Gold Ave SW # 700 – Albuquerque, NM 87102 – (505) 766-9676 – View Map
Cress Insurance
6101 Moon St NE #1000 – Albuquerque, NM 87111 – (505) 822-8114 – View Map
Exclusive Insurance Agencies
Exclusive agencies can only quote rates from one company and some examples include Allstate, State Farm and Farm Bureau. They are unable to provide rate quotes from other companies so you need to shop around if the rates are high. Exclusive agents are trained well on their company’s products which can be an advantage.
Shown below is a short list of exclusive agencies in Albuquerque that are able to give comparison quotes.
Allstate Insurance: Eladio Muniz
1028 Eubank Blvd – Albuquerque, NM 87112 – (505) 291-0624 – View Map
Marty Saiz – State Farm Insurance Agent
1029 Montaño Rd NW – Albuquerque, NM 87107 – (505) 345-3431 – View Map
Derek Sanchez – State Farm Insurance Agent
725 San Mateo Blvd NE – Albuquerque, NM 87108 – (505) 292-3984 – View Map
Finding a good insurance agency requires you to look at more than just the quoted price. You should also get answers to these questions.
- Do they regularly work with personal auto policies in Albuquerque?
- If they are an independent agency in Albuquerque, which companies do they recommend?
- Where would your vehicle be repaired?
- Does the agency provide any after hours assistance?
- Are they able to influence company decisions when a claim is filed?
- Does the agency have a current Errors and Omissions policy?
- What companies can they write with?
- Are you getting all the discounts the company offers?
Why you need to buy auto insurance
Even though it can be expensive, maintaining insurance may be required and benefits you in several ways.
First, the majority of states have compulsory liability insurance requirements which means the state requires a specific level of liability insurance in order to drive the car legally. In New Mexico these limits are 25/50/10 which means you must have $25,000 of bodily injury coverage per person, $50,000 of bodily injury coverage per accident, and $10,000 of property damage coverage.
Second, if your vehicle has a loan, almost all lenders will stipulate that you have insurance to guarantee loan repayment. If the policy lapses, the bank may buy a policy for your Nissan for a lot more money and force you to pay a much higher amount than you were paying before.
Third, insurance safeguards both your assets and your car. It will also cover medical expenses that are the result of an accident. One policy coverage, liability insurance, also pays for attorney fees and expenses if anyone sues you for causing an accident. If damage is caused by hail or an accident, collision and comprehensive (also known as other-than-collision) coverage will pay to repair the damage minus the deductible amount.
The benefits of carrying adequate insurance more than offset the price you pay, particularly for liability claims. But the average driver in New Mexico is overpaying more than $865 each year so you should quote and compare rates at least once a year to save money.
Auto insurance companies ranked
Selecting a good quality car insurance company can be difficult considering how many different companies there are to choose from in New Mexico. The information shown below could help you analyze which coverage providers to look at comparing rates with.
| Company | Value | Customer Service | Claims | Customer Satisfaction | A.M Best Rating | Overall Score |
|---|---|---|---|---|---|---|
| USAA | 98 | 100 | 100 | 94% | A++ | 98.6 |
| American Family | 98 | 89 | 100 | 86% | A | 95.4 |
| State Farm | 88 | 93 | 96 | 90% | A++ | 92.4 |
| The Hartford | 94 | 92 | 90 | 89% | A+ | 91.7 |
| AAA Insurance | 88 | 89 | 95 | 91% | A | 91.2 |
| GEICO | 84 | 93 | 93 | 89% | A++ | 90.3 |
| The General | 89 | 91 | 89 | 88% | A- | 90 |
| Titan Insurance | 90 | 87 | 91 | 95% | A+ | 89.6 |
| Progressive | 84 | 91 | 93 | 87% | A+ | 89.5 |
| Mercury Insurance | 88 | 91 | 90 | 85% | A+ | 89.4 |
| Allstate | 85 | 90 | 92 | 88% | A+ | 89.3 |
| Nationwide | 87 | 88 | 84 | 90% | A+ | 88.7 |
| Liberty Mutual | 84 | 87 | 93 | 88% | A | 88.5 |
| 21st Century | 85 | 86 | 87 | 88% | A | 86.7 |
| Esurance | 85 | 80 | 95 | 87% | A+ | 85.9 |
| Safeco | 85 | 85 | 85 | 86% | A | 85.8 |
| Travelers | 80 | 87 | 87 | 83% | A++ | 85.2 |
| Compare Rates Now Go | ||||||
Data Source: Insure.com Best Car Insurance Companies
Affordable insurance premiums are out there
Budget-friendly insurance in Albuquerque can be found from both online companies and from local insurance agents, so you should compare both so you have a total pricing picture. Some insurance companies may not provide online rate quotes and these small insurance companies provide coverage only through independent agents.
As you shop your coverage around, it’s very important that you do not reduce needed coverages to save money. There have been many situations where drivers have reduced physical damage coverage to discover at claim time that the savings was not a smart move. Your goal should be to find the BEST coverage for the lowest cost.
Much more information about insurance in New Mexico is available at the links below
- Side Impact Crash Tests (iihs.org)
- Who Has the Cheapest Albuquerque Auto Insurance for Seniors? (FAQ)
- What Insurance is Cheapest for a Hyundai Elantra in Albuquerque? (FAQ)
- Neck Injury FAQ (iihs.org)
- Bodily Injury Coverage (Liberty Mutual)
- How Does Hitting a Deer Impact Insurance Rates? (Allstate)