Have you had enough of trying to scrape together enough money each month for car insurance? You’re in the same situation as many other New Mexico consumers. You have so many insurance companies to pick from, and though it is a good thing to have a selection, too many choices makes it more difficult to find the best rates.
Smart consumers take time to get comparison quotes every six months because prices are variable and change quite frequently. Just because you found the best rates a couple years back you will most likely find a better rate today. So forget all the misinformation about auto insurance because I’m going to teach you the quickest way to save money, get proper coverage and the best rates.
Most major insurance companies provide coverage price quotes on their websites. Getting online rates is pretty painless as you simply enter the coverage amounts you desire into a form. After you complete the form, their rating system will obtain credit information and your driving record and quotes a price determined by many factors. Being able to quote online makes it a lot easier to compare rates but the time required to go to several different sites and fill out multiple forms can be a bit repetitive. But it’s absolutely necessary to perform this step if you want to find a better rate.
A quicker way to lower your rates uses one simple form that gets prices from more than one company. This type of form saves time, eliminates form submissions, and makes price shopping online a lot less work. As soon as you send your information, it gets priced and you can select any of the pricing results. If a lower price is quoted, you simply finish the application and buy the new coverage. This process can be completed in a matter of minutes and may save quite a bit of money.
To use this form to compare rates, click here to open in new window and submit your coverage information. If you have coverage now, it’s recommended you type in your coverages as shown on your current policy. Doing this guarantees you will receive a rate comparison based on similar coverages.
Companies offering auto insurance don’t always list every available discount in an easy-to-find place, so the following is a list of some of the best known as well as the least known savings tricks you should be using. If they aren’t giving you every credit available, you’re paying more than you need to.
Consumers should know that some of the credits will not apply to all coverage premiums. Most only cut individual premiums such as collision or personal injury protection. Just because it seems like it’s possible to get free car insurance, companies wouldn’t make money that way.
To see a list of insurers with discount auto insurance rates in New Mexico, click this link.
Some people would prefer to buy from a local agent and that is just fine! Good agents can point out coverage gaps and help you file claims. The best thing about getting online price quotes is you may find the lowest rates but also keep your business local.
After filling out this short form, your coverage information is sent to companies in Albuquerque who will return price quotes for your business. There is no need to leave your house since price quotes are sent straight to your inbox. Now that’s easy!
Picking a company needs to be determined by more than just the premium amount. Agents should be asked these questions:
When looking for a local agent, there are a couple of types of agencies that differ in how they can insure your vehicles. Albuquerque agents are either captive or independent. While both can write coverage properly, but it’s worth learning how they differ since it can impact your agent selection.
These agents work for only one company like Farmers Insurance or State Farm. These agents are not able to give you multiple price quotes so keep that in mind. Captives are very knowledgeable in insurance sales which helps them sell insurance even at higher premiums.
The following are captive agents in Albuquerque willing to provide price quote information.
Farmers Insurance Group – 7400 2nd St NW – Albuquerque, NM 87107 – (505) 344-2000
State Farm Insurance – 5850 Eubank Blvd NE # B30 – Albuquerque, NM 87111 – (505) 294-4422
Farm Bureau Insurance – 3109 Carlisle Blvd NE – Albuquerque, NM 87110 – (505) 889-8000
Allstate Insurance – 3296 Coors Blvd NW # D – Albuquerque, NM 87120 – (505) 836-4630
Liberty Mutual Insurance – 10555 Montgomery Blvd NE – Albuquerque, NM 87111 – (505) 323-6200
Independent insurance agents are not locked into one company but instead can place your coverage with lots of companies and potentially find a lower price. If you are not satisfied with one company, they simply move the coverage in-house and you don’t have to find a new agent.
When comparison shopping, you should always contact multiple independent agents to get the best comparison.
Listed below is a list of independent insurance agents in Albuquerque that can give you price quote information.
Diversified Insurance – 6010 Midway Park Blvd NE # C – Albuquerque, NM 87109 – (505) 237-1488
Jennie J Goff Agency – 4010 Carlisle Blvd NE # F – Albuquerque, NM 87107 – (505) 888-5418
Bob Rey Agency – 1028 Eubank Blvd NE # A – Albuquerque, NM 87112 – (505) 291-0624
Farmers Ferraro Agency – 3916 Carlisle Blvd NE # D – Albuquerque, NM 87107 – (505) 314-9209
American National Insurance Co – 5850 Eubank Blvd NE # B21 – Albuquerque, NM 87111 – (505) 293-9496
For a full directory of insurance agents in Albuquerque, go to this page.
Once you have good answers to any questions you have and an acceptable price quote, most likely you have located a car insurance agent that will properly insure your vehicles.
When it comes to buying proper insurance coverage, there really is no best way to insure your cars. Each situation is unique and your policy should reflect that. For instance, these questions can aid in determining whether or not you may require specific advice.
If you don’t know the answers to these questions, then you may want to think about talking to an insurance agent. To find an agent in your area, fill out this quick form or go to this page to view a list of companies. It only takes a few minutes and can help protect your family.
Smart consumers have a good feel for the different types of things that go into determining the rates you pay for auto insurance. Knowing what influences your rates enables informed choices that could result in better auto insurance rates.
Listed below are some of the factors auto insurance companies consider when setting premiums.
Low-cost auto insurance is definitely available from both online companies in addition to many Albuquerque insurance agents, and you need to comparison shop both to have the best selection. Some auto insurance companies do not provide the ability to get a quote online and these small, regional companies work with independent agents.
While you’re price shopping online, you should never skimp on coverage in order to save money. In many cases, an insured dropped comprehensive coverage or liability limits only to find out they didn’t purchase enough coverage. Your strategy should be to get the best coverage possible at a price you can afford, not the least amount of coverage.
Even more information can be found at the New Mexico Insurance Division website. New Mexico consumers can file complaints about an insurance agent or broker, find out industry alerts, report car insurance fraud, and view agent and company licensing information.
Additional helpful sites include III.org’s auto insurance page and this list of insurance agents in Albuquerque, NM.