Has it been a year or more since you last compared quotes for cheaper Jeep Commander insurance in Albuquerque? Paying cheaper premium rates for Jeep Commander insurance in Albuquerque can seem to be frustrating for people who have little experience quoting and comparing prices online. With so many insurance agents and companies competing online, it can easily be a real hassle to find more affordable prices in New Mexico.
Steps to saving money on Jeep Commander insurance in Albuquerque
If you want to save money, the best way to get budget Jeep Commander insurance in Albuquerque is to make a habit of comparing prices annually from insurance carriers in New Mexico.
- Step 1: It will benefit you to learn about policy coverages and the measures you can take to keep rates in check. Many things that drive up the price like accidents, traffic violations, and your credit history can be amended by being financially responsible and driving safely. Later in this article we will cover additional ideas to find cheap prices and get additional discounts that may be available.
- Step 2: Compare rates from direct, independent, and exclusive agents. Exclusive agents and direct companies can only provide price estimates from a single company like Progressive or Allstate, while independent agents can quote prices from multiple sources.
- Step 3: Compare the price quotes to your existing rates to see if a cheaper price is available in Albuquerque. If you find better rates and change companies, ensure there is no coverage lapse between policies.
An important part of this process is to make sure you’re comparing the same amount of coverage on each quote request and and to get rates from as many auto insurance providers as possible. This ensures an accurate price comparison and many rates to choose from.
It’s astonishing, but the vast majority of consumers kept buying from the same company for over three years, and virtually 40% of consumers have never quoted auto insurance rates at all. Albuquerque insurance shoppers can cut their rates by roughly 40% a year just by getting comparison quotes, but they just don’t understand the benefits if they switch to a new company.
All the larger insurance companies allow consumers to get coverage prices on the web. Getting online rates for Jeep Commander insurance in Albuquerque is fairly simple because you just enter your personal and coverage information as requested by the quote form. After you complete the form, their system automatically orders reports for credit and driving violations and returns pricing information based on many factors.
Being able to quote online for Jeep Commander insurance in Albuquerque makes it simple to compare prices and it’s absolutely necessary to compare as many rates as possible if you are searching for the most affordable insurance rates.
To find out what other companies charge, consider comparing rates from the companies shown below. If you have coverage now, it’s recommended you type in the coverage information identical to your current policy. Doing this assures you’re receiving a fair comparison for similar insurance coverage.
The auto insurance companies shown below offer price comparisons in Albuquerque, NM. If multiple companies are listed, we suggest you get rate quotes from several of them in order to get a fair rate comparison.
Auto insurance discounts are available to get cheap rates
The price of auto insurance can be rather high, but you may be missing some discounts that many consumers don’t even know exist. Certain reductions will be credited at the time you complete a quote, but a few need to be asked for prior to receiving the credit.
- Auto/Life Discount – Not every insurance company offers life insurance, but if they do you may earn a small discount if you purchase some life insurance too.
- Theft Deterrent – Vehicles equipped with tracking devices and advanced anti-theft systems have a lower chance of being stolen and earn discounts up to 10% off your Albuquerque car insurance quote.
- Full Payment Discount – If you pay your bill all at once rather than paying monthly you can avoid the installment charge.
- Own a Home – Being a homeowner can save a few bucks because it shows financial diligence.
- Telematics Data Discounts – People who choose to allow their company to look at their driving habits remotely such as Drivewise from Allstate or Snapshot from Progressive might get better premium rates if they are good drivers.
- Passive Restraints and Air Bags – Vehicles equipped with air bags or motorized seat belts can get savings as much as 30%.
- Early Renewal Discounts – A few insurance companies offer discounts for switching policies before your current coverage expires. This can save 10% or more.
- Driver’s Ed – Cut your cost by having your teen driver enroll and complete driver’s education in school or through a local driver safety program.
One last thing about discounts, most discount credits are not given to the entire policy premium. Most cut the price of certain insurance coverages like physical damage coverage or medical payments. So even though it sounds like you can get free auto insurance, it’s just not the way it works. Any amount of discount will positively reduce the cost of coverage.
The chart below illustrates the difference between Jeep Commander insurance premiums with and without discounts applied to the policy premium. The rates are based on a female driver, no violations or accidents, New Mexico state minimum liability limits, full physical damage coverage, and $100 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with claim-free, multi-policy, marriage, multi-car, safe-driver, and homeowner discounts applied.
Large auto insurance companies and a summarized list of policyholder discounts can be found below.
- 21st Century has discounts for anti-lock brakes, automatic seat belts, theft prevention, early bird, driver training, student driver, and teen driver.
- State Farm offers discounts including passive restraint, multiple policy, safe vehicle, Steer Clear safe driver discount, accident-free, anti-theft, and student away at school.
- AAA may offer discounts for good student, anti-theft, multi-policy, good driver, pay-in-full, multi-car, and education and occupation.
- Liberty Mutual policyholders can earn discounts including new vehicle discount, newly retired, multi-policy, hybrid vehicle, and teen driver discount.
- Progressive has savings for multi-vehicle, online signing, continuous coverage, good student, and multi-policy.
Check with each company which discounts you qualify for. All car insurance discounts might not be offered on policies in Albuquerque. To see insurers who offer free Jeep Commander insurance quotes in New Mexico, follow this link.
Insurance rate breakdown
The information shown below showcases detailed analysis of policy rates for Jeep Commander models. Knowing how insurance prices are figured is important to be able to make decisions on the best policy coverages.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Commander Sport 2WD | $242 | $412 | $364 | $22 | $108 | $1,148 | $96 |
| Commander Sport 4WD | $242 | $484 | $364 | $22 | $108 | $1,220 | $102 |
| Commander Limited 2WD | $270 | $484 | $364 | $22 | $108 | $1,248 | $104 |
| Commander Limited 4WD | $270 | $484 | $364 | $22 | $108 | $1,248 | $104 |
| Get Your Own Custom Quote Go | |||||||
Prices based on single female driver age 50, no speeding tickets, no at-fault accidents, $250 deductibles, and New Mexico minimum liability limits. Discounts applied include multi-policy, claim-free, homeowner, safe-driver, and multi-vehicle. Price estimates do not factor in specific location which can increase or decrease price quotes significantly.
How high should deductibles be?
A question often asked by Albuquerque drivers is how high should the deductibles for physical damage be. The following tables can help show the rate difference between high and low policy deductibles. The first set of rates uses a $250 deductible and the second data table uses a $1,000 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Commander Sport 2WD | $280 | $420 | $322 | $20 | $96 | $1,163 | $97 |
| Commander Sport 4WD | $280 | $494 | $322 | $20 | $96 | $1,237 | $103 |
| Commander Limited 2WD | $314 | $494 | $322 | $20 | $96 | $1,271 | $106 |
| Commander Limited 4WD | $314 | $494 | $322 | $20 | $96 | $1,271 | $106 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Commander Sport 2WD | $174 | $264 | $322 | $20 | $96 | $876 | $73 |
| Commander Sport 4WD | $174 | $310 | $322 | $20 | $96 | $922 | $77 |
| Commander Limited 2WD | $194 | $310 | $322 | $20 | $96 | $942 | $79 |
| Commander Limited 4WD | $194 | $310 | $322 | $20 | $96 | $942 | $79 |
| Get Your Own Custom Quote Go | |||||||
Data based on married male driver age 30, no speeding tickets, no at-fault accidents, and New Mexico minimum liability limits. Discounts applied include claim-free, safe-driver, multi-vehicle, multi-policy, and homeowner. Rate information does not factor in your specific Albuquerque location which can raise or lower rates greatly.
Using the data above, we can ascertain that using a $250 deductible will cost in the ballpark of $26 more each month or $312 annually than choosing the higher $1,000 deductible. Because you would be required to pay $750 more out of your own pocket with a $1,000 deductible as compared to a $250 deductible, if you have at least 29 months between claim filings, you would most likely save money if you choose the higher deductible.
The diagram below demonstrates how deductible levels and can raise or lower Jeep Commander insurance prices for each different age category. The rates are based on a married female driver, comprehensive and collision coverage, and no discounts are taken into consideration.
Car insurance rates based on gender in Albuquerque
The diagram below shows the difference between Jeep Commander insurance prices for male and female drivers. The premiums are based on no claims or driving violations, full coverage, $250 deductibles, drivers are not married, and no additional discounts are factored in.
Jeep Commander liability-only versus full coverage
The diagram below shows the difference between Jeep Commander insurance prices with full coverage compared to only the New Mexico minimum liability coverage. The premiums assume a clean driving record, no claims, $500 deductibles, drivers are not married, and no discounts are taken into consideration.
Are you wasting money paying for full coverage?
There is no definitive rule of when to exclude comp and collision coverage, but there is a general guideline. If the annual cost of having full coverage is about 10% or more of the settlement you would receive from your company, then it might be time to consider dropping full coverage.
For example, let’s pretend your Jeep Commander replacement value is $8,000 and you have $1,000 full coverage deductibles. If your vehicle is severely damaged, the most you would receive is $7,000 after paying your deductible. If you are currently paying more than $700 a year for physical damage coverage, the it may be a good time to stop paying for full coverage.
There are some conditions where only buying liability is not a good plan. If you still have a lienholder on your title, you are required to maintain full coverage in order to prevent your loan from defaulting. Also, if you don’t have enough money to buy a different vehicle if your current one is damaged, you should keep full coverage on your policy.
How Car Insurance Companies Calculate Jeep Commander Insurance Rates
When buying insurance it’s important to understand some of the elements that are used to determine the rates you pay for insurance. If you have a feel for what impacts premium levels, this enables you to make decisions that can help you get big savings. Many different elements are considered when premium rates are determined. Some are obvious such as traffic violations, but other criteria are more obscure like your continuous coverage or your financial responsibility.
The list below includes a few of the “ingredients” insurance companies consider when setting your prices.
Big city or small town – Choosing to live in less populated areas of the country has it’s advantages when trying to find low car insurance rates. Drivers who live in large cities regularly have more auto accidents and longer commute times. Fewer drivers and short commutes means reduced accidents and also fewer theft and vandalism claims.
Rates increase with driving citations – Having a single citation may cause rates to rise by as much as twenty percent. Drivers who don’t get tickets pay lower auto insurance prices compared to drivers with tickets. Drivers who have received careless violations like hit and run, DWI or reckless driving convictions may face state-mandated requirements to submit a SR-22 form with their state motor vehicle department in order to drive a vehicle legally.
The diagram below illustrates how violations and at-fault fender-benders drive up Jeep Commander yearly insurance costs for different age groups. The data is based on a single male driver, full physical damage coverage, $100 deductibles, and no additional discounts are factored in.
Stay claim-free and save money – If you are a frequent claim filer, you can expect much higher rates or policy non-renewal. Companies in New Mexico generally give cheaper rates to insureds who do not rely on their insurance for small claims. Auto insurance is designed for larger claims.
Physical damage deductibles – Insurance for physical damage, commonly called comprehensive (or other-than-collision) and collision coverage, is used to repair damage to your Jeep. Examples of covered claims are a broken side mirror, flood damage, and burglary. The deductibles are the amount of money you are willing to pay if the claim is covered. The more damage repair cost you choose to pay out-of-pocket, the less your insurance will be.
Five star safety rating saves money – Vehicles with high crash test scores tend to have better insurance rates. Safe vehicles reduce occupant injuries and reduced instances of injuries means less money paid by your insurance company which can result in lower premiums. If your Jeep Commander scored at minimum an “acceptable” rating on the Insurance Institute for Highway Safety website you may pay a lower rate.
Lower stress equals lower rates – Do you have a high-stress occupation? Jobs like military personnel, executives, and financial analysts generally have the highest average rates in part from intense work requirements and lengthy work days. On the flip side, occupations such as farmers, engineers and performers have lower than average premiums.
Buying insurance from Albuquerque insurance agencies
Many people prefer to sit down and talk to an agent and often times that is recommended The biggest benefit of comparing rate quotes online is that you can obtain better rates and still choose a local agent. And providing support for local agencies is important particularly in Albuquerque.
After filling out this quick form, the coverage information gets sent to insurance agents in Albuquerque who will give competitive quotes to get your business. It’s much easier because you don’t need to leave your house since price quotes are sent immediately to you. It’s the lowest rates without having to waste a lot of time. In the event you want to quote rates for a specific company, you just need to visit that company’s website and give them your coverage information.
If you are wanting to find a reliable insurance agent, you need to know there are two different types of agents that differ in how they can insure your vehicles. Albuquerque agents can be classified as either independent agents or exclusive agents depending on their employer.
Independent Agencies or Brokers
Independent insurance agents are not required to write business for one company so they can insure your vehicles with an assortment of companies enabling the ability to shop coverage around. To transfer your coverage to a different company, they simply switch companies in-house and the insured can keep the same agent.
When shopping rates, you should always get rate quotes from several independent insurance agents in order to have the best price comparison. Many independent agencies also insure through companies that do not advertise much that may provide cheaper insurance rates.
The following are independent agencies in Albuquerque who may be able to give you competitive price quotes.
- 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 - J. B. Martin Insurance Agency
8500 Menaul Blvd NE #345 – Albuquerque, NM 87112 – (505) 888-8846 – View Map
Exclusive Insurance Agencies
Exclusive agents work for only one company such as State Farm or Allstate. These agents are unable to provide rate quotes from other companies so they have to upsell other benefits. Exclusive agents receive extensive training on sales techniques and that enables them to sell even at higher rates. Some people will only buy from exclusive agents primarily because of the brand legacy rather than having the cheapest rates.
Listed below is a list of exclusive agents in Albuquerque who can help you get comparison quotes.
- Phil Pettit – State Farm Insurance Agent
3507 Wyoming Blvd NE B – Albuquerque, NM 87111 – (505) 875-1300 – View Map - State Farm: Nancy Berch
2716 San Pedro Dr NE – Albuquerque, NM 87110 – (505) 881-1008 – View Map - Allstate Insurance: Valerie Muldez
8101 San Pedro Dr NE, Ste C1 – Albuquerque, NM 87113 – (505) 881-5056 – View Map
Finding the right auto insurance agent shouldn’t rely on just the bottom line cost. You should also get answers to these questions.
- Did they already check your driving record and credit reports?
- Are they able to influence company decisions when a claim is filed?
- Can they give you a list of client referrals?
- Are there any discounts that you might be missing?
- Do you have coverage for a rental car if your vehicle is in the repair shop?
After talking to the agent and getting good feedback to any questions you have as well as an affordable premium quote, you have narrowed it down to a car insurance agent that meets your needs to properly insure your vehicles. Keep in mind it’s your policy and you can cancel coverage whenever you want so never feel that you’re stuck with any particular company for the entire policy term.
Insurance can get complicated
Always keep in mind that when comparing a policy for your vehicles, there really is no “best” method to buy coverage. Your situation is unique and your insurance should unique, too.
For example, these questions can help discover whether your personal situation might need an agent’s assistance.
- Can I use my car for my catering business?
- What does medical payments coverage do?
- Will filing a claim cost me more?
- Are combined or split liability limits better?
- Am I covered if I crash into my own garage door?
- Do I have coverage if my license is suspended?
- Can I afford to buy a different vehicle if my Jeep Commander is totaled?
- If my pet gets injured in an accident are they covered?
If it’s difficult to answer those questions but you think they might apply to your situation then you might want to talk to an insurance agent. If you don’t have a local agent, take a second and complete this form or go to this page to view a list of companies.
Frequent quotes can save
Cheap Jeep Commander insurance in Albuquerque is available on the web as well as from independent agents in Albuquerque, so you need to quote Albuquerque car insurance with both to have the best rate selection. A few companies may not have internet price quotes and most of the time these small, regional companies provide coverage only through independent insurance agencies.
When trying to cut insurance costs, it’s not a good idea to buy poor coverage just to save money. There are many occasions where consumers will sacrifice liability limits or collision coverage to discover at claim time that the few dollars in savings costed them thousands. Your goal is to purchase a proper amount of coverage at the lowest possible cost while still protecting your assets.
We’ve covered quite a bit of information on how to save on Jeep Commander insurance in Albuquerque. The key thing to remember is the more rate quotes you have, the better your comparison will be. You may even find the lowest priced insurance comes from a lesser-known regional company. They can often insure niche markets at a lower cost as compared to the big name companies such as State Farm and Allstate.
How to buy low-cost Jeep Commander insurance in Albuquerque
If you want to save money, the best way to find affordable Jeep Commander insurance in Albuquerque is to start comparing prices regularly from insurance carriers who sell auto insurance in New Mexico.
- Take a few minutes and learn about car insurance and the measures you can take to prevent rate increases. Many things that are responsible for high rates like accidents, traffic tickets, and a lousy credit rating can be remedied by making minor changes in your lifestyle.
- Get rate quotes from exclusive agents, independent agents, and direct providers. Direct and exclusive agents can provide rates from a single company like Progressive and State Farm, while agents who are independent can give you price quotes from multiple sources. Get quotes now
- Compare the new rates to the price on your current policy to see if a cheaper price is available. If you can save money, verify that coverage does not lapse between policies.
- Give notification to your current company of your intent to cancel your current car insurance policy. Submit any necessary down payment along with the completed application for the new coverage. Once the application is submitted, put the new certificate verifying coverage with the vehicle registration.
One key aspect when comparing rates is to use similar limits and deductibles on each quote request and and to get rate quotes from every company you can. Doing this helps ensure a fair rate comparison and a better comparison of the market.
Additional information
- Young Drivers: The High Risk Years Video (iihs.org)
- Who Has the Cheapest Car Insurance for a Company Car in Albuquerque? (FAQ)
- Who Has Cheap Auto Insurance Quotes for a Honda CR-V in Albuquerque? (FAQ)
- Uninsured Motorist Statistics (Insurance Information Institute)
- Insurance losses by make and model (Insurance Institute for Highway Safety)
- Teen Driver Licensing Information (iihs.org)
- Should I Buy a New or Used Car? (Allstate)