For a 40-year-old driver with a clean record, Farmington car insurance averages about $171 a month ($2,050 a year) for full coverage, based on the rates insurers had filed with state regulators as of Aug. 31, 2026. That’s 17% below the New Mexico average of $205 a month. Progressive has the lowest full-coverage average of the four insurers we price, at about $109 a month.
Farmington is the least expensive of our New Mexico city guides. Our benchmark driver pays about $171 a month here, about $34 a month less than the state average and about $63 a month less than in Albuquerque.
Our data covers two Farmington ZIP codes, 87401 at about $170 a month and 87402 at about $172.
Cost data comes from the auto rates insurers file with state regulators, priced across both Farmington 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 Sept. 30, 2026.
Full coverage in Farmington averages $2,050 a year, or about $171 a month, for our benchmark driver. Liability-only coverage at New Mexico’s 25/50/10 minimum averages $698 a year ($58 a month), and 50/100/50 liability with comprehensive and collision averages $1,896 ($158 a month).
Progressive has the lowest full-coverage average among the four insurers in our Farmington rate data. USAA, Central Insurance, Nationwide and Farm Bureau Financial Services aren’t in the Quadrant rate data we analyze, so their rows in the table are estimates. Every published 2026 statewide New Mexico rate study we reviewed ranks GEICO cheapest statewide for full coverage, apart from USAA, which sells only to military families. For liability-only coverage at 25/50/10 limits, averages run from about $31 to $80 a month; the lowest is far enough below the rest that we don’t name a cheapest insurer for that coverage level.
Full-coverage averages by insurer in Farmington
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): |
|---|---|---|---|---|
| Progressive | $368 | $31 | $1,308 | $109 |
| GEICO | $553 | $46 | $1,424 | $119 |
| Farmers | $963 | $80 | $2,424 | $202 |
| Allstate | $908 | $76 | $3,044 | $254 |
| State Farm (Nov. 2025 rates)* | $546 | $46 | $2,338 | $195 |
| USAA (military families)* | $288 | $24 | $1,105 | $92 |
| Central Insurance* | $258 | $22 | $1,720 | $143 |
| Nationwide* | $886 | $74 | $2,244 | $187 |
| Farm Bureau Financial Services* | $612 | $51 | $3,297 | $275 |
| Farmington average | $698 | $58 | $2,050 | $171 |
This table uses Farmington ZIP codes only. See how we calculated these rates.
Your ZIP code matters
Raising liability limits from 50/100/50 to 100/300/100 adds about $154 a year on average in our Farmington data, with the same $500 deductibles. That’s about $13 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 our benchmark driver. Comparing the same insurers in the same Farmington ZIP codes, full coverage averaged $2,064 a year in rates as of Nov. 30, 2025, and $2,050 as of Aug. 31, 2026, a 0.7% drop. Progressive cut its Farmington average 9.2%, while Farmers raised its average 3.3%, and Allstate and GEICO didn’t change theirs. State Farm isn’t in the August 2026 rates, so it’s left out of this comparison. Liability-only coverage at 25/50/10 limits rose 4.5%, led by Farmers, which raised its liability-only average 15.3%.
The Four Corners area is one of the least expensive parts of New Mexico in our data. San Juan County averages $2,075 a year for full coverage, the second-least expensive of the 26 counties we price. Nearby Aztec and Bloomfield average about $174 a month each, and Kirtland $172.
Prices also depend on where in New Mexico you live, not just on your car and driving record.
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 135 miles southeast, averages $213 a month, and Santa Fe, about 145 miles southeast, $194. Albuquerque averages $234.
Drivers in Farmington follow New Mexico’s rules. Every policy must include at least:
Insurers must also offer uninsured and underinsured motorist coverage for each vehicle, 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.
For our benchmark driver, full coverage in Farmington averages about $171 a month ($2,050 a year) and liability-only coverage about $58 a month, based on the rates insurers had filed with state regulators as of Aug. 31, 2026. Full coverage is 17% below the New Mexico average of $205 a month.
Progressive has the lowest full-coverage average in our Farmington rate data, at about $109 a month, with GEICO close behind at $119. For liability-only coverage, averages run from about $31 to $80 a month. USAA, Central Insurance, Nationwide and Farm Bureau Financial Services aren’t in the Quadrant rate data we analyze, but every published 2026 statewide New Mexico rate study we reviewed ranks GEICO cheapest statewide for full coverage, apart from USAA. Rates vary by driver, so compare quotes for your own car and ZIP code.
Cheaper than most of the state, for our benchmark driver. Farmington full coverage averages about $171 a month, 17% below the New Mexico average, and San Juan County is the second-least expensive county in our data.
Liability-only coverage at New Mexico’s 25/50/10 minimum averages about $58 a month in our Farmington data, and insurer averages run from about $31 to $80. The lowest is far enough below the rest that we don’t name a cheapest insurer for this coverage level.
In our Farmington data, full coverage (100/300/100 with $500 deductibles) averages about $171 a month and liability-only coverage at 25/50/10 limits about $58, a difference of about $113 a month ($1,352 a year). Liability-only coverage won’t pay to repair or replace your own car after a crash, a theft or a storm.
Not for our benchmark driver. Comparing the same insurers and ZIP codes, Farmington full coverage fell 0.7% between November 2025 and August 2026, from about $2,064 to $2,050 a year. Progressive cut its Farmington average 9.2%, while Farmers raised its average 3.3%. Liability-only coverage at 25/50/10 limits rose 4.5%.
