How long has it been since the last time you looked for cheaper auto insurance rates in Albuquerque, NM? Albuquerque buyers have lots of choices when searching for the best price on Mercury Mountaineer insurance. You can either waste hours contacting agents getting price quotes or save time using the internet to find the lowest rates.
There are more efficient ways to buy auto insurance so we’re going to tell you the quickest way to price shop coverage for your Mercury and locate the cheapest rates from both online companies and Albuquerque agents.
It’s a good idea to quote other rates at least once a year because prices tend to go up over time. Even if you think you had the best rates on Mercury Mountaineer insurance in Albuquerque two years ago the chances are good that you can find a lower premium rate today. There is a lot of bad information regarding Mountaineer insurance online but in this article, you’re going to get some tested techniques to put money back in your pocket.
How to shop Mercury Mountaineer insurance online
The following companies are our best choices to provide quotes in Albuquerque, NM. To find the best cheap auto insurance in Albuquerque, we recommend you visit as many as you can in order to get a fair rate comparison.
Take policy discounts and save on Mercury Mountaineer insurance in Albuquerque
Some insurers don’t necessarily list their entire list of discounts in a way that’s easy to find, so the following is a list of some of the more common and also the more inconspicuous discounts you could be receiving when you buy Albuquerque car insurance online. If you do not double check each discount available, it’s possible you qualify for a lower rate.
- Discounts for Safe Drivers – Insureds without accidents can save as much as half off their rates than drivers with accident claims.
- Student Driver Training – Have your child successfully complete driver’s ed class in school or through a local driver safety program.
- Life Insurance – Select insurance carriers reward you with a discounted price on car insurance if you buy auto and life insurance together.
- Save with a New Car – Buying a new car model can cost up to 25% less because new model year vehicles keep occupants safer.
- Save with More Vehicles Insured – Buying a policy with several vehicles with the same company can get a discount on all vehicles.
- Passive Restraint Discount – Options like air bags or motorized seat belts may qualify for discounts up to 30%.
- Albuquerque Homeowners Pay Less – Owning a home in Albuquerque can get you a discount since owning and maintaining a home is proof of financial responsibility.
- Early Switch Discount – Some car insurance companies provide a discount for switching policies prior to the expiration date on your current Mountaineer insurance policy. It’s a savings of about 10%.
- Memberships – Having an affiliation with a civic or occupational organization in Albuquerque may earn a discount on your bill.
- Low Mileage Discounts – Low mileage vehicles could earn cheaper car insurance rates.
You can save money using discounts, but most credits do not apply to all coverage premiums. Most only apply to the price of certain insurance coverages like medical payments or collision. So even though they make it sound like it’s possible to get free car insurance, companies wouldn’t make money that way. Any amount of discount will definitely reduce your policy premium.
The illustration below visualizes the comparison of Mercury Mountaineer premium costs with and without some available policy discounts. The price estimates are based on a male driver, no claims or driving citations, New Mexico state minimum liability limits, full coverage, and $100 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-policy, marriage, multi-car, homeowner, safe-driver, and claim-free discounts applied.
A partial list of companies that may offer policyholders these benefits possibly include:
When getting free Albuquerque car insurance quotes, it’s a good idea to each company which discounts they offer. A few discounts may not apply to policyholders everywhere. To find providers that offer the discounts shown above in New Mexico, click here to view.
Detailed insurance information
The information below highlights estimates of insurance coverage prices for Mercury Mountaineer models. Learning more about how insurance policy premiums are established is important to be able to make informed decisions when comparing rates.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Mountaineer 2WD | $174 | $332 | $364 | $22 | $108 | $1,000 | $83 |
| Mountaineer AWD | $196 | $332 | $364 | $22 | $108 | $1,022 | $85 |
| Mountaineer Premier 2WD | $196 | $390 | $364 | $22 | $108 | $1,080 | $90 |
| Mountaineer Premier AWD | $196 | $390 | $364 | $22 | $108 | $1,080 | $90 |
| Get Your Own Custom Quote Go | |||||||
Price data assumes single female driver age 50, no speeding tickets, no at-fault accidents, $500 deductibles, and New Mexico minimum liability limits. Discounts applied include multi-vehicle, homeowner, safe-driver, claim-free, and multi-policy. Information does not factor in specific location information which can raise or lower premiums significantly.
Deductible analysis
One common question asked by Albuquerque drivers is which deductible level should you buy. The figures shown below determine the differences in premium rates when you select higher and lower comp and collision deductibles. The first rate quote example uses a $250 comprehensive and collision deductible and the second set of prices uses a $1,000 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Mountaineer 2WD | $248 | $420 | $322 | $20 | $96 | $1,131 | $94 |
| Mountaineer AWD | $280 | $420 | $322 | $20 | $96 | $1,163 | $97 |
| Mountaineer Premier 2WD | $280 | $494 | $322 | $20 | $96 | $1,237 | $103 |
| Mountaineer Premier AWD | $280 | $494 | $322 | $20 | $96 | $1,237 | $103 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Mountaineer 2WD | $154 | $264 | $322 | $20 | $96 | $856 | $71 |
| Mountaineer AWD | $174 | $264 | $322 | $20 | $96 | $876 | $73 |
| Mountaineer Premier 2WD | $174 | $310 | $322 | $20 | $96 | $922 | $77 |
| Mountaineer Premier AWD | $174 | $310 | $322 | $20 | $96 | $922 | $77 |
| Get Your Own Custom Quote Go | |||||||
Data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and New Mexico minimum liability limits. Discounts applied include multi-policy, multi-vehicle, safe-driver, homeowner, and claim-free. Price information does not factor in your specific Albuquerque location which can influence coverage rates noticeably.
Based on the above data, using a $250 deductible costs an average of $24 more each month or $288 a year averaged for all Mountaineer models than requesting the higher $1,000 deductible. Since the policyholder would be required to pay $750 more to file a claim with a $1,000 deductible as compared to a $250 deductible, if you go more than 31 months between claims, you would save more money if you decide on a higher deductible.
How to determine when to raise deductibles
| Average monthly premium for $250 deductibles: | $99 |
| Average monthly premium for $1,000 deductibles (subtract): | – $75 |
| Monthly savings from raising deductible: | $24 |
| Difference between deductibles ($1,000 – $250): | $750 |
| Divide difference by monthly savings: | $750 / $24 |
| Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible | 31 months |
Difference between full coverage and liability only rates
The example below illustrates the comparison of Mercury Mountaineer insurance prices when comparing full coverage to state minimum liability only. The data assumes a clean driving record, no claims, $250 deductibles, marital status is single, and no discounts are applied to the premium.
Guidelines for dropping full coverage
There is no set rule of when to drop physical damage coverage on your policy, but there is a general guideline. If the annual cost of your full coverage insurance is more than around 10% of replacement cost minus your deductible, then it could be time to drop full coverage.
For example, let’s assume your Mercury Mountaineer replacement value is $5,000 and you have $1,000 policy deductibles. If your vehicle is damaged in an accident, the most your company would pay you is $4,000 after the deductible is paid. If you are paying more than $400 a year for your policy with full coverage, then you may need to consider dropping full coverage.
There are a few cases where dropping full coverage is not recommended. If you still owe a portion of the original loan, you have to carry full coverage in order to keep the loan. Also, if you can’t afford to buy a different vehicle in the even your car is totaled, you should not eliminate full coverage.
What Impacts Mercury Mountaineer Insurance Premiums?
Lots of factors are used when you quote your car insurance policy. A few of the factors are predictable like an MVR report, but other criteria are not quite as obvious such as your credit history or your vehicle rating.
- Lower rates with a multi-policy discount – Most larger insurers allow lower prices to clients that purchase more than one policy. It’s known as a multi-policy discount. Even though this discount sounds good, it’s always a smart idea to compare Mercury Mountaineer rates in Albuquerque to help ensure you have the lowest rates.There is a good possibility that you can save even more than the discount by insuring with multiple companies.
- Is your vehicle theft-ready? – Purchasing a vehicle with advanced anti-theft systems can save you a little every year. Theft prevention devices such as vehicle immobilizer systems, OnStar, and tracking devices like LoJack all hinder vehicle theft.
- Get married and get better costs – Having a wife or husband can get you a discount on your policy. Having a significant other may mean you are more mature and it’s proven that married drivers get in fewer accidents.
- Liability protection is cheap – Liability insurance is the coverage that protects you when you are responsible for damages caused by your negligence. Liability provides legal defense coverage starting from day one. Carrying liability coverage is mandatory and cheap as compared to coverage for physical damage, so drivers should buy more than the minimum limits required by law.
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Are men or women drivers cheaper? – Statistics demonstrate that females take fewer risks when driving. However, this does not mean women are BETTER drivers than men. Men and women cause at-fault accidents at a similar rate, but the males get into accidents with more damage. In addition to higher claims, males also receive more major tickets such as reckless driving. Male teenagers are the most expensive to insure so it costs more to insure them.
The illustration below shows the difference between Mercury Mountaineer car insurance costs for male and female drivers. The data is based on no claims or driving violations, full coverage, $500 deductibles, marital status is single, and no other discounts are factored in.
- More traffic equals higher premiums – Having an address in less populated areas has definite advantages when trying to find low car insurance rates. City drivers have to deal with more auto accidents and a longer drive to work. Lower population corresponds to lower accident rates and a lower car theft rate.
- How many miles do you drive? – Driving more miles every year the higher the price you pay to insure it. Almost all companies charge rates based upon how much you drive. Autos not used for work or commuting receive better premium rates than cars that get driven a lot. Double check that your car insurance declarations sheet correctly shows the proper vehicle usage. Improper usage on your Mountaineer may be costing you.
When to get advice from a local insurance agent
Many people just prefer to get advice from a local agent and we recommend doing that Most agents are trained to spot inefficiencies and help in the event of a claim. The best thing about getting online price quotes is you may find cheap auto insurance quotes and still buy from a local agent. And providing support for small agencies is important particularly in Albuquerque.
Once you complete this quick form, the coverage information is sent to participating agents in Albuquerque that can give you free Albuquerque car insurance quotes to get your business. You won’t even need to search for an agent since price quotes are sent to you. If you need to compare rates from a specific company, feel free to navigate to their website to submit a rate quote request.
If you are searching for a reputable agency, there are two types of insurance agents and how they are distinctly different. Agents in Albuquerque can be described as either independent (non-exclusive) or exclusive. Both sell auto insurance policies, but it is a good idea to know the difference in the companies they write for since it can impact the type of agent you choose.
Independent Auto Insurance Agents
Agents that choose to be independent are not restricted to one company so they can quote policies with any number of different companies and potentially find a lower price. If prices rise, they simply move your policy to a different company and that require little work on your part.
If you need cheaper auto insurance rates, you should always get several quotes from a few independent agents to ensure the widest selection of prices. Many write coverage with smaller companies which can save you money.
Listed below is a partial list of independent insurance agencies in Albuquerque that may be able to give you price quote information.
- Sunset Insurance Corporation
1905 San Mateo Blvd NE – Albuquerque, NM 87110 – (505) 247-2578 – View Map - Associated Insurance Professionals, Inc
1429 Carlisle Blvd NE – Albuquerque, NM 87110 – (505) 265-3704 – View Map - J B Martin Commercial, Homeowners, Auto, Health and Life Insurance Agency
2800 San Mateo Blvd NE – Albuquerque, NM 87110 – (505) 299-7444 – View Map
Exclusive Insurance Agencies
Exclusive agents can usually just insure with one company such as Farmers Insurance, State Farm, or Allstate. Exclusive agencies are unable to place coverage with different providers so they really need to provide good service. Exclusive insurance agents are well trained on what they offer which helps overcome the inability to quote other rates. Some consumers prefer to use the same exclusive agent mainly due to loyalty to the company and the convenience of having a single billing for all their coverages.
Shown below is a short list of exclusive agents in Albuquerque willing to provide comparison quotes.
- Tim Gallegos – State Farm Insurance Agent
1100 Coors Blvd SW, Ste B2 – Albuquerque, NM 87121 – (505) 200-2319 – View Map - Stephanie Valdez – State Farm Insurance Agent
5921 Lomas Blvd NE a – Albuquerque, NM 87110 – (505) 255-8676 – View Map - Aimee Abeyta – State Farm Insurance Agent
12836 Lomas Blvd NE a – Albuquerque, NM 87112 – (505) 292-3990 – View Map
Finding the right insurance agency requires more thought than just the premium amount. Get answers to these questions too.
- Are they in the agency full-time?
- How often do they review policy coverages?
- Do clients work directly with the agent or are most inquiries handled by a CSR?
- Are they properly licensed to sell insurance in New Mexico?
- Do they have cheaper tiers of coverage?
- If you have an accident, will your rates go up?
Which car insurance company is best in New Mexico?
Buying coverage from the highest-rated auto insurance company can be a challenge considering how many choices drivers have in Albuquerque. The company rank data in the next section can help you decide which companies to look at putting your business 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
What is YOUR best insurance company?
Discount Mercury Mountaineer insurance in Albuquerque can be bought online in addition to local insurance agencies, so get free Albuquerque car insurance quotes from both of them in order to have the best chance of saving money. Some auto insurance companies don’t offer price quotes online and usually these smaller providers sell through independent insurance agents.
We just showed you a lot of ways to lower your Mercury Mountaineer insurance premium rates in Albuquerque. The key thing to remember is the more rate comparisons you have, the higher the chance of saving money. You may even discover the most savings is with some of the smallest insurance companies.
Insureds switch companies for any number of reasons including unfair underwriting practices, being labeled a high risk driver, high rates after DUI convictions or questionable increases in premium. It doesn’t matter what your reason, switching auto insurance companies is less work than it seems.
How to buy low-cost Mercury Mountaineer insurance in Albuquerque
If you want to save money, the best way to find discount car insurance rates in Albuquerque is to compare quotes once a year from insurance carriers that insure vehicles in New Mexico.
Step 1: It will benefit you to learn about how insurance companies determine prices and the factors you can control to lower rates. Many factors that drive up the price such as traffic violations, accidents, and a substandard credit history can be eliminated by making minor driving habit or lifestyle changes.
Step 2: Compare prices from direct, independent, and exclusive agents. Direct companies and exclusive agencies can only give rate quotes from one company like Progressive and State Farm, while independent agencies can quote prices from multiple companies.
Step 3: Compare the price quotes to your current policy to see if a cheaper price is available in Albuquerque. If you can save some money and switch companies, make sure there is no lapse between the expiration of your current policy and the new one.
Step 4: Provide notification to your current company to cancel your current coverage and submit the completed application along with a down payment for the new coverage. Immediately store the certificate of insurance in your vehicle’s glove compartment or console.
A valuable tip to remember is that you’ll want to make sure you compare the same level of coverage on each quote request and to quote with every insurance company. Doing this provides a fair rate comparison and a better comparison of the market.
Other information
- Choosing a Car for Your Teen (State Farm)
- How Much is Car Insurance for Low Mileage Drivers in Albuquerque? (FAQ)
- Who Has the Cheapest Car Insurance for a Company Car in Albuquerque? (FAQ)
- Who Has Cheap Car Insurance for Felons in Albuquerque? (FAQ)
- When is the Right Time to Switch Car Insurance Companies? (Allstate)
- Prom Night Tips for Teen Drivers (State Farm)
- Collision Coverage (Liberty Mutual)