For a 40-year-old driver with a clean record, car insurance in Albuquerque, New Mexico, averages about $234 a month ($2,808 a year) for full coverage, based on the rates insurers had filed with state regulators as of Aug. 31, 2026. That’s 14% above the New Mexico average of $205 a month, so compare Albuquerque auto insurance quotes before you buy. GEICO has the lowest full-coverage average among insurers anyone can buy from in our Albuquerque table, at about $155 a month.
Albuquerque is the most expensive of the 45 New Mexico cities and towns we price. Our benchmark driver pays about $29 a month more here than the state average and about $40 a month more than in Santa Fe.
Our figures cover the 16 ZIP codes with an Albuquerque mailing address that we price, the most of any New Mexico city, from about $222 a month in 87114 to $246 in 87121.
Cost data comes from the auto rates insurers file with state regulators, priced across all 16 Albuquerque ZIP codes in our data, compiled by Quadrant Information Services and updated as new rates are filed.
Rates as of Aug. 31, 2026. Page reviewed Oct. 7, 2026.
Full coverage in Albuquerque averages $2,808 a year, or about $234 a month, for our benchmark driver. Liability-only coverage at New Mexico’s 25/50/10 minimum averages $977 a year ($81 a month), and 50/100/50 liability with comprehensive and collision averages $2,549 ($212 a month).
Looking for cheap or affordable auto insurance in Albuquerque? The insurer matters far more than the ZIP code here: the full-coverage averages of the four major insurers we compared (Allstate, Farmers, GEICO and Progressive) run from about $155 to $308 a month, while the least and most expensive Albuquerque ZIP codes are about $24 apart.
GEICO has the lowest full-coverage average among insurers anyone can buy from in our Albuquerque table. USAA, which sells only to military members, veterans and their families, has a lower average still ($128 a month). Three of the four statewide New Mexico rate studies dated 2026 that we reviewed rank GEICO cheapest for full coverage, apart from USAA. For liability-only coverage at 25/50/10 limits, Progressive has the lowest average among these four insurers, at about $54 a month, followed by GEICO at $62.
Full-coverage averages by insurer in Albuquerque
Monthly, for the same driver and car. Insurers marked with an asterisk in the table below aren’t in the chart.
Rates insurers filed with state regulators, compiled by Quadrant Information Services, as of Aug. 31, 2026. Benchmark 40-year-old driver, 100/300/100 with $500 deductibles.
| Insurance Company: | Minimum Liability 25/50/10 (Yearly): | Minimum Liability 25/50/10 (Monthly): | Full Coverage (Yearly): | Full Coverage (Monthly): |
|---|---|---|---|---|
| GEICO | $749 | $62 | $1,862 | $155 |
| Progressive | $643 | $54 | $2,315 | $193 |
| Farmers | $1,430 | $119 | $3,357 | $280 |
| Allstate | $1,086 | $91 | $3,698 | $308 |
| State Farm (Nov. 2025 rates)* | $862 | $72 | $3,179 | $265 |
| USAA (military families)* | $400 | $33 | $1,540 | $128 |
| Central Insurance* | $388 | $32 | $2,339 | $195 |
| Nationwide* | $1,232 | $103 | $3,132 | $261 |
| Farm Bureau Financial Services* | $852 | $71 | $4,343 | $362 |
| Albuquerque average | $977 | $81 | $2,808 | $234 |
This table uses Albuquerque ZIP codes only. See how we calculated these rates. Your own price depends on your car, driving record and coverage, so compare auto insurance quotes before you buy.
Across the 16 Albuquerque ZIP codes we price, full coverage for our driver ranges from about $222 a month in 87114 to $246 in 87121, a gap of $297 a year. The three least expensive of the 16, 87114, 87120 and 87113, are on the northwest, west and north sides, at about $222 to $227 a month. The most expensive of the 16 are 87121 on the Southwest Mesa, 87108 around the International District and 87102 downtown, at about $244 to $246.
Lowest-priced Albuquerque ZIP codes
Highest-priced Albuquerque ZIP codes
Search the table for your ZIP code. The last column shows how far each ZIP code is above or below Albuquerque’s average.
| ZIP Code: | Minimum Liability 25/50/10 (Yearly): | Minimum Liability 25/50/10 (Monthly): | Full Coverage (Yearly): | Full Coverage (Monthly): | Full Coverage vs. City Average: |
|---|---|---|---|---|---|
| 87102 | $994 | $83 | $2,933 | $244 | +4% |
| 87104 | $966 | $81 | $2,859 | $238 | +2% |
| 87105 | $1,007 | $84 | $2,920 | $243 | +4% |
| 87106 | $960 | $80 | $2,791 | $233 | About average |
| 87107 | $978 | $82 | $2,827 | $236 | +1% |
| 87108 | $991 | $83 | $2,940 | $245 | +5% |
| 87109 | $976 | $81 | $2,774 | $231 | -1% |
| 87110 | $972 | $81 | $2,804 | $234 | About average |
| 87111 | $976 | $81 | $2,755 | $230 | -2% |
| 87112 | $957 | $80 | $2,725 | $227 | -3% |
| 87113 | $953 | $79 | $2,719 | $227 | -3% |
| 87114 | $979 | $82 | $2,658 | $222 | -5% |
| 87120 | $956 | $80 | $2,690 | $224 | -4% |
| 87121 | $1,003 | $84 | $2,955 | $246 | +5% |
| 87122 | $979 | $82 | $2,735 | $228 | -3% |
| 87123 | $986 | $82 | $2,843 | $237 | +1% |
Your ZIP code matters
Raising liability limits from 50/100/50 to 100/300/100 adds about $259 a year on average in our Albuquerque data, with the same $500 deductibles. That’s about $22 a month for double the per-person injury limit, three times the per-crash limit and double the property damage limit, and the full-coverage package also raises uninsured and underinsured motorist coverage to 100/300.
Not for full coverage, for our benchmark driver. Comparing the same insurers in the same Albuquerque ZIP codes, full coverage averaged $2,825 a year nine months earlier and $2,808 in rates as of Aug. 31, 2026, a 0.6% drop. Progressive cut its Albuquerque average 9.1%, while Farmers raised its average 5.1%; Allstate’s and GEICO’s averages were unchanged. State Farm’s latest rates are from November 2025, so it’s left out of this comparison. Liability-only coverage at 25/50/10 limits rose 5.5%, led by Farmers, which raised its liability-only average 18.0%.
Bernalillo County is the most expensive of the 26 New Mexico counties we price, at about $233 a month for full coverage, ahead of Valencia County ($222), home to Los Lunas and Belen, to the south. GEICO and Progressive both charge more here than in any other New Mexico city we publish a guide for: about $155 and $193 a month, compared with $135 and $155 statewide.
Nearby towns cost a little less: Rio Rancho averages about $213 a month, Corrales $219, Los Lunas $220 and Tijeras $223. Insurers also price by location, so towns in the same part of New Mexico can be priced differently.
More New Mexico cities and towns are in the New Mexico rates by city table, and you can compare states on our car insurance rates by state page.
Rio Rancho, about 13 miles from downtown, averages $213 a month, and Santa Fe, about 60 miles northeast, $194. Las Cruces, about 190 miles south, averages $187. For the statewide picture, see our guide to New Mexico car insurance rates.
Drivers in Albuquerque follow New Mexico’s rules. Every policy must include at least:
Insurers must also offer uninsured and underinsured motorist coverage for each vehicle and show what it costs per car, according to the Office of Superintendent of Insurance, and you can turn it down only in writing. Our New Mexico requirements guide covers the details and what happens if your car isn’t insured.
Ready to compare
Insurers must file their rates and rating rules with each state’s insurance regulator. Quadrant Information Services uses those filings to calculate what each insurer would charge a specific driver, and InsuranceQuotes analyzes those prices. This page uses rates in effect on Aug. 31, 2026.
Coverage requirements come from New Mexico law and the New Mexico Office of Superintendent of Insurance. We refresh these figures when new rate data is released.
Car insurance in Albuquerque, NM, costs about $234 a month ($2,808 a year) for full coverage and about $81 a month for liability-only coverage at New Mexico’s 25/50/10 minimum, for our benchmark driver, based on the rates insurers had filed with state regulators as of Aug. 31, 2026. Full coverage is 14% above the New Mexico average of $205 a month.
GEICO has the lowest full-coverage average among insurers anyone can buy from in our Albuquerque table, at about $155 a month, followed by Progressive at $193. USAA, which sells only to military members, veterans and their families, has a lower average still ($128 a month). For liability-only coverage, Progressive has the lowest average among the four major insurers we compared, at about $54 a month. Rates vary by driver, so compare quotes for your own car and ZIP code.
Yes, in our data. Albuquerque full coverage averages about $234 a month, 14% above the New Mexico average and the highest of the 45 New Mexico cities and towns we price, and Bernalillo County is the most expensive of the 26 New Mexico counties we price. Within the city, prices are highest in 87121, at about $246 a month.
In our data, 87114 has the lowest full-coverage average in Albuquerque, at about $222 a month, and 87121 the highest, at about $246. The ZIP code table on this page lists all 16.
In our Albuquerque data, full coverage (100/300/100 with $500 deductibles) averages about $234 a month and liability-only coverage at 25/50/10 limits about $81, a difference of about $153 a month ($1,831 a year). Liability-only coverage won’t pay to repair or replace your own car after a crash, a theft or a storm. New Mexico law doesn’t require full coverage, but a lender or leasing company may.
Drivers in Albuquerque must carry New Mexico’s minimum liability coverage: $25,000 per person and $50,000 per crash for injuries and $10,000 for property damage (25/50/10), from an insurer licensed in New Mexico. Insurers must also offer uninsured and underinsured motorist coverage for each vehicle, which you can turn down only in writing.
Not for full coverage, for our benchmark driver. Comparing the same insurers and ZIP codes, Albuquerque full coverage fell 0.6% over the past nine months, from about $2,825 to $2,808 a year. Progressive cut its Albuquerque average 9.1%, while Farmers raised its average 5.1%. Liability-only coverage at 25/50/10 limits rose 5.5%.
For our benchmark driver, full coverage in Albuquerque averages about $234 a month. Nearby, Rio Rancho averages about $213, Santa Fe about $194 and Farmington about $171. Rio Rancho, Santa Fe and Farmington are cheaper; prices depend mostly on ZIP code, so compare quotes for your own address.
