Affordable Dodge Avenger Insurance in Albuquerque

Locating cheaper insurance for a Dodge Avenger in New Mexico could be difficult, but you can follow the following methods to make it easier. There is a right way and a wrong way to compare insurance rates so you’re going to learn the quickest way to quote coverages on a Dodge and get the lowest possible price.

Amazingly, a large majority of drivers kept their coverage with the same insurance company for at least the last four years, and approximately 40% of consumers have never even compared rates from other companies. With the average premium in New Mexico being $1,244, drivers could save about $500 each year just by comparing rates, but they don’t want to take the time to compare rates online.

Finding Dodge Avenger insurance in Albuquerque

The providers in the list below offer price comparisons in Albuquerque, NM. In order to find the best auto insurance in Albuquerque, it’s highly recommended you visit two to three different companies to get the cheapest price.

Why you need auto insurance

Despite the fact that auto insurance is not cheap in Albuquerque, paying for auto insurance serves a purpose in several ways.

• The majority of states have mandatory liability insurance requirements which means state laws require specific limits of liability insurance if you want to drive 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.
• If your vehicle has a lienholder, almost all lenders will require that you carry insurance to ensure loan repayment if the vehicle is totaled. If you cancel or allow the policy to lapse, the lender will be forced to insure your Dodge at a more expensive rate and require you to pay for the much more expensive policy.
• Insurance protects both your Dodge and your assets. It will also provide coverage for medical transport and hospital expenses for both you and anyone you injure as the result of an accident. As part of your policy, liability insurance will also pay attorney fees if anyone sues you for causing an accident. If your car is damaged in a storm or accident, comprehensive and/or collision insurance will cover the damage repairs after a deductible is paid.

The benefits of insuring your Avenger outweigh the cost, especially when you need to use it. But the average driver in New Mexico overpays more than $820 a year so we recommend shopping around every year to help ensure money is not being wasted.

Dodge Avenger detailed coverage information

The table below showcases a range of insurance premium costs for Dodge Avenger models. Having a better understanding of how rate quotes are figured can be of help when making smart choices when choosing a car insurance company.

Data based on married male driver age 30, no speeding tickets, no at-fault accidents, $100 deductibles, and New Mexico minimum liability limits. Discounts applied include multi-vehicle, homeowner, multi-policy, safe-driver, and claim-free. Premium costs do not factor in vehicle garaging location which can impact auto insurance rates noticeably.

Higher deductibles lower rates

One of the more difficult decisions when buying insurance is where to set your physical damage deductibles. The figures shown below can help illustrate the price difference when you select higher and lower insurance deductibles. The first data set uses a $100 deductible for comp and collision and the second rate chart uses a $1,000 deductible.

Cost estimates assume married male driver age 30, no speeding tickets, no at-fault accidents, and New Mexico minimum liability limits. Discounts applied include safe-driver, homeowner, multi-policy, multi-vehicle, and claim-free. Rate quotes do not factor in specific Albuquerque garaging location which can lower or raise coverage rates significantly.

We can derive from the above data that using a $100 deductible costs about $36 more each month or $432 annually across all Dodge Avenger models than selecting the higher $1,000 deductible. Due to the fact that you would have to pay $900 more out-of-pocket with a $1,000 deductible as compared to a $100 deductible, if you average at least 25 months between claim filings, you would most likely save money if you decide on a higher deductible. Here’s a better example of how you can decide this on your own policy.

One thing to note is that raising deductibles to save money results in having to pay to pay more out-of-pocket when you do file a claim. You should have access to more funds in the event you need to pay more to get your vehicle repaired.

Driving violations and accidents

The chart below illustrates how speeding tickets and accidents can raise Dodge Avenger car insurance rates for each different age group. The costs are based on a married male driver, full physical damage coverage, $1,000 deductibles, and no discounts are applied to the premium.

Insurance rates based on gender

The example below compares Dodge Avenger auto insurance costs for male and female drivers. The information is based on no violations or claims, comp and collision included, $1,000 deductibles, drivers are not married, and no discounts are taken into consideration.

Cheaper Albuquerque insurance quotes with discounts

Companies do not list the entire discount list in an easy-to-find place, so the list below details both the well known as well as the least known discounts that may be available. If you’re not getting every credit you qualify for, it’s possible you qualify for a lower rate.

• Accident Free – Drivers with accident-free driving histories get the best insurance rates compared to drivers with a long claim history.
• Waiver for an Accident – Not a discount per se, but some companies like Liberty Mutual, Allstate and State Farm will let one accident slide without raising rates with the catch being you have to be claim-free prior to being involved in the accident.
• Life Insurance Discount – Not every insurance company offers life insurance, but if they do you may earn a break if you buy a life policy as well.
• Professional Organizations – Having an affiliation with certain professional organizations could earn you a nice discount on your policy.
• Telematics Discount – Policyholders that allow their company to spy on driving manner through the use of a telematics system like In-Drive from State Farm and Progressive’s Snapshot might get better premium rates if they exhibit good driving behavior.

It’s important to understand that most of the big mark downs will not be given to the overall cost of the policy. The majority will only reduce the price of certain insurance coverages like physical damage coverage or medical payments. Despite the fact that it seems like it’s possible to get free car insurance, nobody gets a free ride.

The diagram below compares Dodge Avenger insurance prices with and without discounts being applied to the rates. Data assumes a female driver, no driving violations, no at-fault accidents, New Mexico state minimum liability limits, comprehensive and collision coverage, and $250 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with marriage, safe-driver, claim-free, multi-policy, homeowner, and multi-car discounts applied.

To view insurance companies that offer the discounts shown above in Albuquerque, click this link.

Local neighborhood insurance agents

Some people would prefer to talk to a local agent and we recommend doing that Licensed agents can make sure you are properly covered and give you someone to call. One of the benefits of getting online price quotes is that drivers can save money and get lower prices and also buy local.

For easy comparison, once you complete this short form, your information is submitted to agents in your area that can give you free Albuquerque auto insurance quotes to get your business. There is no reason to leave your computer since rate quotes are delivered to the email address you provide. If you need to get a rate quote from a particular provider, just search and find their rate quote page and complete a quote there.

Finding the right insurer should include more criteria than just a low price. These are valid questions to ask:

• Are they properly licensed to sell insurance in New Mexico?
• Which insurance companies are they affiliated with?
• Do they get extra compensation for selling add-on coverages?
• Will they take your side in the event of a claim?
• Do they have 24-hour customer assistance?

When finding a good insurance agency, it’s helpful to know the types of agencies and how they can service your needs differently. Car insurance agencies can be described as either exclusive or independent. Both types can provide car insurance policies, but it’s important to know how they differ since it can impact the kind of agent you use.

Exclusive Agencies

Agents that elect to be exclusive can only provide one company’s prices and some examples include Farmers Insurance or State Farm. Exclusive agencies are unable to provide other company’s prices so if the price isn’t competitive there isn’t much they can do. They are highly trained on their products and sales techniques which helps overcome the inability to quote other rates. Some consumers prefer to use the same exclusive agent partially due to loyalty to the company rather than having the cheapest rates.

Shown below are Albuquerque exclusive insurance agencies that can give you rate quotes.

• Ray Pratt – State Farm Insurance Agent
  9998 Montgomery Blvd NE a – Albuquerque, NM 87111 – (505) 298-7579 – View Map
• Belinda Barreras-Medrano – State Farm Insurance Agent
  1201 Rio Grande Blvd NW – Albuquerque, NM 87104 – (505) 764-9111 – View Map
• Cynthia Bahling – State Farm Insurance Agent
  12700 San Rafael Ave NE #2 – Albuquerque, NM 87122 – (505) 292-3934 – View Map

More insurance agents

Independent Insurance Agents

Independent agents are not restricted to one company so they can write business through many different car insurance companies and find you cheaper rates. If premiums increase, your agent can just switch to a different company and you don’t have to find a new agent.

If you need lower rates, we highly recommend that you get quotes from a couple of independent agencies to have the best price comparison. Most have the option of insuring with small mutual carriers who may have lower rates.

Listed below are Albuquerque independent agents that can give you price quote information.

• J B Martin Commercial, Homeowners, Auto, Health and Life Insurance Agency
  2800 San Mateo Blvd NE – Albuquerque, NM 87110 – (505) 299-7444 – View Map
• Webster Insurance Agency Inc
  1201 Eubank Blvd Suite 3 – Albuquerque, NM 87112 – (505) 294-1497 – View Map
• Sunset Insurance Corporation
  1905 San Mateo Blvd NE – Albuquerque, NM 87110 – (505) 247-2578 – View Map

More insurance agents

When do I need an agent’s advice?

When buying the right insurance coverage for your vehicles, there really is not a one size fits all plan. Everyone’s situation is unique.

These are some specific questions may help you determine if your insurance needs will benefit from professional help.

• Am I covered if I break a side mirror?
• What should my uninsured motorist coverage limits be in New Mexico?
• At what point should I drop full coverage?
• Is my state a no-fault state?
• Why is insurance for a teen driver so high in Albuquerque?
• Where can I find high-risk insurance?

If you can’t answer these questions but one or more may apply to you then you might want to talk to a licensed agent. If you don’t have a local agent, complete this form. It is quick, free and can provide invaluable advice.

Best auto insurance in Albuquerque

Ending up with the right insurance company can be rather challenging considering how many choices you have in New Mexico. The rank data below can help you decide which car insurance companies to look at comparing rates with.

Top 10 Albuquerque Car Insurance Companies Ranked by Customer Satisfaction

1. Titan Insurance – 95%
2. USAA – 94%
3. AAA Insurance – 91%
4. Nationwide – 90%
5. State Farm – 90%
6. The Hartford – 89%
7. GEICO – 89%
8. 21st Century – 88%
9. Liberty Mutual – 88%
10. Allstate – 88%

Top 10 Albuquerque Car Insurance Companies by A.M. Best Rank

1. USAA – A++
2. Travelers – A++
3. GEICO – A++
4. State Farm – A++
5. The Hartford – A+
6. Esurance – A+
7. Nationwide – A+
8. Allstate – A+
9. Mercury Insurance – A+
10. Titan Insurance – A+

Insurance coverage specifics

Having a good grasp of insurance can help you determine the right coverages at the best deductibles and correct limits. Insurance terms can be impossible to understand and nobody wants to actually read their policy.

Comprehensive (Other than Collision) – This coverage will pay to fix damage OTHER than collision with another vehicle or object. You first have to pay a deductible then your comprehensive coverage will pay.

Comprehensive insurance covers things like hitting a deer, damage from flooding, theft and vandalism. The maximum payout you can receive from a comprehensive claim is the cash value of the vehicle, so if your deductible is as high as the vehicle’s value it’s probably time to drop comprehensive insurance.

Medical expense insurance – Medical payments and Personal Injury Protection insurance pay for expenses such as doctor visits, chiropractic care and rehabilitation expenses. They are used to fill the gap from your health insurance policy or if you are not covered by health insurance. Coverage applies to not only the driver but also the vehicle occupants and will also cover getting struck while a pedestrian. Personal Injury Protection is not universally available but can be used in place of medical payments coverage

Protection from uninsured/underinsured drivers – This protects you and your vehicle’s occupants when the “other guys” either have no liability insurance or not enough. Covered losses include injuries sustained by your vehicle’s occupants and damage to your Dodge Avenger.

Since many New Mexico drivers only carry the minimum required liability limits (New Mexico limits are 25/50/10), their limits can quickly be used up. This is the reason having UM/UIM coverage should not be overlooked.

Collision coverage – This coverage covers damage to your Avenger resulting from a collision with an object or car. A deductible applies and then insurance will cover the remainder.

Collision insurance covers claims like hitting a mailbox, scraping a guard rail and sustaining damage from a pot hole. Collision is rather expensive coverage, so consider removing coverage from vehicles that are older. Another option is to increase the deductible on your Avenger to bring the cost down.

Liability car insurance – Liability insurance can cover damage or injury you incur to a person or their property that is your fault. Coverage consists of three different limits, bodily injury per person, bodily injury per accident and property damage. You might see limits of 25/50/10 which means a $25,000 limit per person for injuries, $50,000 for the entire accident, and a total limit of $10,000 for damage to vehicles and property.

Liability insurance covers claims like medical expenses, court costs and repair bills for other people’s vehicles. How much coverage you buy is a decision to put some thought into, but it’s cheap coverage so purchase higher limits if possible. New Mexico requires minimum liability limits of 25/50/10 but you should think about purchasing higher limits.

The next chart demonstrates why buying low liability limits may not be high enough to adequately cover claims.

Cheap coverage is out there

We covered many ways to save on Dodge Avenger insurance in Albuquerque. It’s most important to understand that the more rate quotes you have, the better your chances of lowering your rates. Drivers may even discover the biggest savings come from the least-expected company.

As you quote Albuquerque auto insurance, you should never buy lower coverage limits just to save a few bucks. In too many instances, someone sacrificed comprehensive coverage or liability limits only to find out they didn’t have enough coverage. The proper strategy is to purchase a proper amount of coverage at the best cost but still have enough coverage for asset protection.

A few companies do not provide rates over the internet and most of the time these smaller providers work with independent insurance agencies. The cheapest Dodge Avenger insurance in Albuquerque is available online and from local agencies, and you should compare rates from both in order to have the best price selection to choose from.

Steps to quoting cheaper Dodge Avenger insurance in Albuquerque

To save the most money, the best way to get discount auto insurance rates is to make a habit of comparing prices annually from companies who sell auto insurance in Albuquerque. Rate comparisons can be done by following these steps.

• First, get an understanding of the different coverages in a policy and the things you can change to keep rates down. Many factors that are responsible for high rates like traffic violations, accidents, and an unfavorable credit rating can be remedied by improving your driving habits or financial responsibility.
• Second, request rate estimates from direct, independent, and exclusive agents. Direct and exclusive agents can only give prices from a single company like Progressive and State Farm, while independent agents can provide prices for a wide range of companies. Begin your rate comparison
• Third, compare the new rate quotes to your existing coverage to see if a cheaper price is available in Albuquerque. If you find a lower rate quote and change companies, verify that coverage does not lapse between policies.

One thing to point out is to try to compare similar coverage information on each quote request and to quote with as many companies as feasibly possible. This helps ensure an apples-to-apples comparison and and a good selection of different prices.

Additional information can be found below:

• Side Impact Crash Tests (iihs.org)
• Eight Auto Insurance Myths (Insurance Information Institute)
• Child Safety Seats (Insurance Information Institute)