Cheapest Car Insurance In Farmington, NM 2024
State Farm is the most affordable choice in Farmington, offering minimum coverage at an average rate of $25 per month.
We’ve saved shoppers an average of $600 per year on their car insurance.
When searching for the lowest car insurance rates in Farmington, NM, you’ll find a wide range of options.
For those looking for the cheapest liability-only coverage, State Farm is the clear winner. Additionally, State Farm also provides the best rates for full coverage policies and offers the most affordable rates for young drivers.
Cheapest Car Insurance Companies In Farmington, NM 2024
Cheapest Minimum Coverage Car Insurance In Farmington: State Farm
State Farm offers the lowest car insurance rates for minimum coverage in Farmington, with an average monthly cost of $25.
| Provider | Average Monthly Cost | Average Annual Cost |
| Midvale Home & Auto | $50 | $600 |
| National General | $45 | $540 |
| USAA | $35 | $420 |
| GEICO | $30 | $360 |
| State Farm | $25 | $300 |
Cheapest Car Insurance In Farmington For Young Adults: State Farm
State Farm provides the lowest quotes for young adults in Farmington, with rates averaging around $100 per month.
| Provider | Average Monthly Cost | Average Annual Cost |
| State Farm | $100 | $1,200 |
| Allstate | $190 | $2,280 |
| Central Mutual Insurance Co | $140 | $1,680 |
| USAA | $105 | $1,260 |
| Farm Bureau Mutual (IA Group) | $145 | $1,740 |
Cheapest Car Insurance In Farmington For Seniors: Safeco
Safeco offers the lowest car insurance rates for seniors in Farmington, with average quotes of $50 per month.
| Provider | Average Monthly Cost | Average Annual Cost |
| Farm Bureau Mutual (IA Group) | $75 | $900 |
| Liberty Mutual | $55 | $660 |
| State Farm | $80 | $960 |
| Safeco | $50 | $600 |
| USAA | $65 | $780 |
Cheapest Auto Insurance Rates In Farmington For Teenagers: USAA
Teenage drivers in Farmington can get the most affordable quotes from USAA, with average monthly premiums of $125.
| Provider | Average Monthly Cost | Average Annual Cost |
| State Farm | $145 | $1,740 |
| Farm Bureau Mutual (IA Group) | $180 | $2,160 |
| USAA | $125 | $1,500 |
| Allied | $280 | $3,360 |
| Central Mutual Insurance Co | $170 | $2,040 |
Cheapest Car Insurance In Farmington After A Speeding Ticket: USAA
USAA is significantly more affordable compared to other companies, offering average rates of $95 per month.
| Provider | Average Monthly Cost | Average Annual Cost |
| Nationwide | $135 | $1,620 |
| State Farm | $110 | $1,320 |
| Statewide Average | $155 | $1,860 |
| USAA | $95 | $1,140 |
| Geico | $125 | $1,500 |
Cheapest Car Insurance In Farmington After At-Fault Accident: State Farm
State Farm provides the most affordable car insurance rates for drivers with an at-fault incident, averaging $100 per month.
| Provider | Average Monthly Cost | Average Annual Cost |
| State Farm | $100 | $1,200 |
| Geico | $145 | $1,740 |
| Statewide Average | $180 | $2,160 |
| USAA | $115 | $1,380 |
| Nationwide | $165 | $1,980 |
Cheapest Car Insurance In Farmington For Drivers After A DUI: State Farm
State Farm offers the lowest rates for drivers with a DUI in Farmington, with average monthly premiums of $110.
| Provider | Average Monthly Cost | Average Annual Cost |
| Statewide Average | $185 | $2,220 |
| Progressive | $150 | $1,800 |
| Nationwide | $200 | $2,400 |
| State Farm | $110 | $1,320 |
| USAA | $155 | $1,860 |
Cheapest Full Coverage Car Insurance In Farmington: State Farm
State Farm provides the most affordable full coverage car insurance in Farmington, with average quotes of $45 per month.
| Provider | Average Monthly Cost | Average Annual Cost |
| USAA | $50 | $600 |
| State Farm | $45 | $540 |
| Allstate | $100 | $1,200 |
| GEICO | $65 | $780 |
| Progressive | $95 | $1,140 |
Cheapest Car Insurance In Farmington For Good Drivers: USAA
In Farmington, good drivers can secure the most affordable car insurance quotes from USAA, with rates around $70 per month.
| Provider | Average Monthly Cost | Average Annual Cost |
| Nationwide | $115 | $1,380 |
| State Farm | $100 | $1,200 |
| USAA | $70 | $900 |
| Statewide Average | $130 | $1,560 |
| Geico | $110 | $1,320 |
Best Car Insurance Companies In Farmington
Here are the top 10 car insurance companies in Farmington, NM, ranked by their average monthly rates.
| Company | Monthly Premium |
| Liberty Mutual | $240 |
| USAA | $85 |
| Metropolitan | $160 |
| State Farm | $90 |
| Safeco | $155 |
| Farm Bureau Mutual (IA Group) | $105 |
| Farmers | $165 |
| Central Mutual Insurance Co | $110 |
| Allstate | $158 |
| Allied | $135 |
Average Cost Of Car Insurance In Farmington – By Age
| Age | Average Yearly Rate |
| Teenagers | $2,040 |
| 20s | $1,740 |
| 30s | $1,200 |
| 40s | $1,020 |
| 50s | $1,140 |
| 60s | $900 |
| 70s | $1,080 |
How Much Is Car Insurance In Other Cities in New Mexico?
| City | Average Monthly Rate |
| Albuquerque | $150 |
| Los Alamos | $95 |
| Artesia | $130 |
| Hobbs | $135 |
| Carlsbad | $130 |
| Las Cruces | $115 |
| Clovis | $120 |
| Española | $190 |
| Deming | $100 |
| Gallup | $140 |
Average Cost Of Car Insurance In Farmington – By Vehicle
| Vehicle | Average Monthly Rate |
| 2021 Chevrolet Silverado | $245 |
| 2020 Honda Civic | $130 |
| 2018 Dodge Journey | $145 |
| 2008 Volkswagen Jetta | $75 |
Our Methodology
Based on a detailed analysis of customer service ratings, product options, pricing, and reviews from various online sources, I’ve developed a thorough overview of car insurance providers in Farmington, NM.
Quotes Analyzed
Brands Reviewed
Years Of Experience
Research Hours
FAQs
Who has the lowest car insurance rates in Farmington?
In Farmington, State Farm provides the lowest car insurance rates for both the minimum coverage required by the State of New Mexico and for full coverage, which includes comprehensive and collision protection.
What is the average cost of car insurance in Farmington?
The average monthly cost of car insurance in Farmington is approximately $110. Rates can vary based on factors such as your zip code, vehicle year and model, and driving history.
