Save Money on Dodge Caliber Insurance in Albuquerque

If online insurance comparisons are new to you, you can be confused due to the large selection local agents and online companies all claiming to have the lowest rates for Dodge Caliber insurance in Albuquerque.

It’s an obvious assumption that auto insurance companies don’t want you quoting rates from other companies. Consumers who compare other rates will probably switch companies because there is a high probability of finding a lower-priced company. A recent insurance study revealed that consumers who routinely compared quotes saved as much as $70 a month as compared to drivers who don’t regularly compare prices.

If saving money on car insurance in Albuquerque is your intention, then learning about how to find and compare insurance can make it easier to shop your coverage around.

It’s a good habit to take a look at other company’s rates periodically because rates go up and down regularly. If you had the best rate on Dodge Caliber insurance in Albuquerque a couple years back there is a good chance you can find better prices now. Ignore everything you know about insurance because we’re going to demonstrate the fastest way to get good coverage on Dodge Caliber insurance in Albuquerque at a lower rate.

The quickest method to get rate comparisons for Dodge Caliber insurance in Albuquerque is to know the fact most of the bigger providers actually pay money for the chance to give you rate quotes. The only thing you need to do is spend a couple of minutes providing details like how old drivers are, your education level, the make and model of your vehicles, and deductibles desired. Your details is then submitted to insurance companies and they respond with quotes instantly.

To compare lower-cost Dodge Caliber insurance rates now, click here then complete the form.

The companies in the list below are our best choices to provide free quotes in Albuquerque, NM. If multiple companies are listed, it’s a good idea that you get price quotes from several of them to get the best price comparison.

Rates and detailed analysis

The coverage table below highlights estimates of insurance prices for Dodge Caliber models. Learning a little about how policy rates are determined is important for drivers to make smart choices when purchasing an insurance policy.

Data variables include married female driver age 50, no speeding tickets, no at-fault accidents, $250 deductibles, and New Mexico minimum liability limits. Discounts applied include safe-driver, multi-vehicle, multi-policy, homeowner, and claim-free. Information does not factor in vehicle location which can affect premiums significantly.

Choosing deductibles

A question often asked by Albuquerque drivers is which deductible level should you buy. The comparison tables below may aid in understanding how much more you’ll pay when you choose different policy deductibles. The first rate comparisons uses a $250 comprehensive and collision deductible and the second pricing table uses a $1,000 deductible.

Table data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and New Mexico minimum liability limits. Discounts applied include claim-free, multi-policy, homeowner, safe-driver, and multi-vehicle. Prices do not factor in your specific Albuquerque location which can affect price quotes greatly.

Based on this data, using a $250 deductible costs roughly $22 more each month or $264 a year across all Dodge Caliber models than selecting the higher $1,000 deductible. Because you would be required to pay $750 more out-of-pocket with a $1,000 deductible as compared to a $250 deductible, if you normally go at least 34 months between claims, you would probably save some money if you choose a higher deductible.

One big caveat is that a higher deductible means you will have to pay more of your own money when you have a physical damage claim. You must have some non-essential savings in order to pay more for the deductible.

The chart below demonstrates how choosing different deductibles and can impact Dodge Caliber insurance premiums for different insured age categories. The premium estimates are based on a single male driver, full physical damage coverage, and no other discounts are factored in.

Dodge Caliber full coverage rates compared to liability only

The illustration below illustrates the comparison of Dodge Caliber car insurance costs with liability coverage only compared to full coverage. The prices are based on a clean driving record, no claims, $250 deductibles, drivers are single, and no additional discounts are factored in.

When to stop buying physical damage coverage

There is no definitive formula that works best for making the decision to drop physical damage insurance, but there is a general school of thought. If the annual cost of comprehensive and collision coverage is more than 10% of the vehicle’s replacement cost less your deductible, then it might be time to consider dropping full coverage.

For example, let’s say your Dodge Caliber replacement value is $9,000 and you have $1,000 deductibles. If your vehicle is destroyed, the most you would get paid by your company is $8,000 after the deductible is paid. If you are paying over $800 annually for comprehensive and collision coverage, then it might be time to buy liability only.

There are some cases where eliminating full coverage is not advised. If you have an outstanding loan on your vehicle, you have to carry full coverage to protect the lienholder’s interest. Also, if you can’t afford to buy a different vehicle if your current one is damaged, you should not buy liability only.

Choosing the best Caliber insurance in New Mexico is an important decision

Even though it’s not necessarily cheap to insure a Dodge in Albuquerque, maintaining insurance serves an important purpose.

First, most states have minimum liability requirements which means the state requires a minimum amount of liability coverage in order to drive the car. 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 car has a loan, it’s guaranteed your bank will have a requirement that you have physical damage coverage to guarantee loan repayment. If the policy lapses, the lender will be forced to insure your Dodge at a more expensive rate and require you to fork over the higher premium.

Third, insurance protects both your assets and your vehicle. It will also reimburse you for all forms of medical expenses for both you and anyone you injure as the result of an accident. Liability coverage also covers legal expenses if someone files suit against you as the result of an accident. If you have damage to your Dodge as the result of the weather or an accident, comprehensive and/or collision insurance will cover the repair costs.

The benefits of buying enough insurance more than offset the price you pay, especially if you ever need it. According to a survey of 1,000 drivers, the average driver overpays as much as $700 annually so it’s very important to do a rate comparison at every policy renewal to make sure the price is not too high.

Smart Buyers Can Cut Insurance Costs

Multiple criteria are used when pricing auto insurance. A few of the factors are predictable like an MVR report, but some are less obvious such as whether you are married and annual miles driven. When buying auto insurance it’s important to understand some of the elements that are used to determine your auto insurance rates. If you understand what influences your rates, this helps enable you to make changes that can help you get better auto insurance rates.

Commute or pleasure use – Driving a lot of miles in a year the higher your rates will be. A lot of insurance companies calculate prices based upon how the vehicle is primarily used. Cars that have low annual miles receive lower rates than those that get driven frequently. An incorrectly rated Caliber may be costing you higher rates. Ask your agent if your policy is rated on the proper vehicle usage, because it can save money.

Save money with good credit – An insured’s credit history is a big factor in determining what you pay. People with excellent credit tend to be more responsible as compared to drivers with lower credit scores. So if your credit rating is low, you could pay less to insure your Dodge Caliber by repairing your credit.

Your stress level may be raising your rates – Careers like doctors, architects, and accountants have the highest average rates due to stressful work requirements and extremely grueling work hours. On the flip side, jobs like actors, engineers and performers have lower than average premiums.

Insurance companies don’t like frequent claims – Auto insurance companies in New Mexico generally give better rates to insureds who do not file claims often. If you file claims often, you can definitely plan on either a policy non-renewal or much higher rates. Your car insurance is intended for claims that you cannot pay yourself.

You might have higher costs if you are single – Getting married may cut your premiums on your auto insurance policy. Having a significant other demonstrates that you tend to be more stable financially and insurance companies like that married drivers tend to file fewer claims.

Get cheaper Dodge Caliber insurance in Albuquerque with discounts

Auto insurance is not cheap nor is it fun to buy but discounts can save money and there are some available that can dramatically reduce your bill. Many discounts should be triggered at quote time, but less common discounts must be specially asked for before you will receive the discount.

• Passenger Safety Discount – Options like air bags and/or automatic seat belt systems may qualify for discounts of up to 25% or more.
• ABS Brakes – Cars and trucks with ABS braking systems or traction control can avoid accidents and will save you 10% or more on Caliber insurance in Albuquerque.
• College Student – Youth drivers who live away from home at college and don’t have a car could qualify for this discount.
• Early Signing – A few companies give discounts for switching policies prior to your current Caliber insurance policy expiration. The savings is around 10%.
• Anti-theft Discount – Cars that have factory anti-theft systems are stolen with less frequency and qualify for as much as a 10% discount.
• Multiple Policy Discount – When you combine your auto and home insurance and insure them both with the same insurance company you could get a discount of over 10 percent off each policy depending on the company.
• Defensive Driver – Taking part in a course in defensive driver can save you 5% or more and make you a better driver.
• No Claims – Drivers with accident-free driving histories pay less compared to frequent claim filers.
• Military Deployment Discount – Being on active duty in the military could trigger a small discount.

Discounts lower rates, but most discount credits are not given to the whole policy. Most cut specific coverage prices like liability and collision coverage. So despite the fact that it appears you could get a free auto insurance policy, you aren’t that lucky.

The illustration below visualizes the comparison of Dodge Caliber yearly insurance costs with and without discounts applied to the policy rates. The premium estimates are based on a female driver, no violations or accidents, New Mexico state minimum liability limits, full coverage, and $1,000 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with marriage, claim-free, multi-car, homeowner, safe-driver, and multi-policy discounts applied.

If you would like to view companies who offer free Dodge Caliber insurance quotes in New Mexico, follow this link.

Buying from car insurance agents

Some people still prefer to have an agent’s advice and that is OK! One of the best bonuses of comparing rates online is the fact that you can find lower premium rates and still have an agent to talk to. Buying from and supporting neighborhood insurance agencies is still important in Albuquerque.

To help locate an agent, after submitting this quick form, your insurance data gets sent to companies in Albuquerque that provide free Albuquerque car insurance quotes for your insurance coverage. You don’t have to do any legwork as quotes are delivered immediately to your email address. Get lower rates and a licensed agent to talk to. In the event you want to get a price quote for a specific company, you can always go to their quote page and complete a quote there.

If you’re trying to find a reliable agent, it’s important to understand the different agency structures and how they differ in how they can insure your vehicles. Insurance agents in Albuquerque may be either independent or exclusive.

Independent Insurance Agents

These type of agents are not restricted to one company and that gives them the ability to insure through many different insurance companies and find you cheaper rates. If they quote lower rates, your policy is moved internally and you don’t have to do anything. If you are comparing rate quotes, you will want to get some free quotes from at least one independent agent so that you have a good selection of quotes to compare. Most also have access to less well-known companies which could offer lower prices.

The following is a list of independent agencies in Albuquerque that may be able to provide price quote information.

• Sunset Insurance Corporation
  1905 San Mateo Blvd NE – Albuquerque, NM 87110 – (505) 247-2578 – View Map
• Webster Insurance Agency Inc
  1201 Eubank Blvd Suite 3 – Albuquerque, NM 87112 – (505) 294-1497 – View Map
• Daniels Insurance Inc
  320 Gold Ave SW # 700 – Albuquerque, NM 87102 – (505) 766-9676 – View Map

View more agents

Exclusive Insurance Agents

Agents that elect to be exclusive normally can only provide a single company’s rates such as AAA, Allstate, State Farm, or Farmers Insurance. These agents are unable to provide rate quotes from other companies so they are skilled at selling on more than just price. These agents receive extensive training in insurance sales and that enables them to sell even at higher rates. Some consumers prefer to use the same agent mainly due to the prominent brand name instead of buying on price only.

The following are exclusive agents in Albuquerque willing to provide rate quotes.

• Emily Rivera – State Farm Insurance Agent
  3500 Indian School Rd NE – Albuquerque, NM 87106 – (505) 294-3330 – View Map
• Richard Moore – State Farm Insurance Agent
  5353 Wyoming Blvd NE b – Albuquerque, NM 87109 – (505) 821-6000 – View Map
• Allstate Insurance: Larry Gaylord
  3296 Coors Blvd NW d – Albuquerque, NM 87120 – (505) 836-4630 – View Map

View more agents

Picking the best insurance agency needs to be determined by more than just the quoted price. Any agent in Albuquerque should have no problem answering these questions:

• If you have an accident, are you able to get your vehicle repaired at the shop of your choice?
• How many years have they been established?
• Which members of your family are coverage by the policy?
• How is replacement cost determined on your vehicle?
• Are they in the agency full-time?
• Which insurance companies are they affiliated with?
• Where would glass claims be handled in Albuquerque?
• Do the companies they represent have a solid financial rating?

Best auto insurance company in Albuquerque

Finding a high-quality car insurance company can be a challenge considering how many different companies there are to choose from in New Mexico. The company information below could help you pick which auto insurers to look at shopping your coverage with.

Top 10 Albuquerque Car Insurance Companies Ranked by Claims Service

1. State Farm
2. Esurance
3. AAA Insurance
4. Progressive
5. Liberty Mutual
6. GEICO
7. Allstate
8. Titan Insurance
9. The Hartford
10. Mercury Insurance

Auto insurance savings summarized

While you’re price shopping online, it’s very important that you do not buy less coverage just to save a little money. There have been many situations where consumers will sacrifice collision coverage to discover at claim time that they should have had better coverage. Your strategy should be to buy enough coverage at the best cost, but don’t skip important coverages to save money.

Budget-friendly auto insurance in Albuquerque can be purchased from both online companies and with local Albuquerque insurance agents, so you need to quote Albuquerque car insurance with both to have the best rate selection. Some insurance providers don’t offer the ability to get a quote online and usually these smaller providers only sell through independent agents.

Insureds switch companies for a variety of reasons including delays in responding to claim requests, delays in paying claims, denial of a claim or policy non-renewal. Regardless of your reason for switching companies, finding the right auto insurance provider can be easy and end up saving you some money.

How to find better rates for Dodge Caliber insurance in Albuquerque

If saving money is your primary concern, then the best way to quote cheaper Dodge Caliber insurance in Albuquerque is to do a yearly price comparison from insurance carriers who provide auto insurance in New Mexico. You can compare prices by following these guidelines.

• Step 1: Try to understand how auto insurance works and the measures you can control to keep rates in check. Many factors that result in higher rates like speeding and a negative credit history can be amended by paying attention to minor details.
• Step 2: Compare prices from direct carriers, independent agents, and exclusive agents. Direct and exclusive agents can only quote rates from one company like Progressive or Allstate, while agents who are independent can provide price quotes for a wide range of insurance providers.
• Step 3: Compare the new rate quotes to the price on your current policy to see if cheaper Caliber coverage is available. If you find a lower rate quote and buy the policy, make sure there is no coverage gap between policies.

One key aspect when comparing rates is to try to compare the same amount of coverage on each quote request and and to compare every company you can. This enables a fair price comparison and a thorough price selection.

Other information

• Anti-Lock Brake FAQ (iihs.org)
• How Much are Albuquerque Auto Insurance Rates for Unemployed Drivers? (FAQ)
• What Insurance is Cheapest for Lyft Drivers in Albuquerque? (FAQ)
• Who Has the Cheapest Auto Insurance Rates for Immigrants in Albuquerque? (FAQ)
• Who Has the Cheapest Auto Insurance for a Learners Permit in Albuquerque? (FAQ)
• Higher speed limits cause more fatalities (Insurance Institute for Highway Safety)
• Red Light Cameras (State Farm)
• Side Impact Crash Tests (iihs.org)
• Young Drivers: The High Risk Years Video (iihs.org)