Santa Fe, NM Auto Insurance (2024)
The average Santa Fe, NM auto insurance rates are $304 per month. The minimum auto insurance in Santa Fe is at least 25/50/10 in coverage to comply with New Mexico auto insurance laws. To find the best cheap auto insurance in Santa Fe, New Mexico, compare quotes from multiple companies.
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Daniel Walker
Licensed Auto Insurance Agent
Daniel Walker graduated with a BS in Administrative Management in 2005 and has run his family’s insurance agency, FCI Agency, for over 15 years (BBB A+). He is licensed as an insurance agent to write property and casualty insurance, including home, life, auto, umbrella, and dwelling fire insurance. He’s also been featured on sites like Reviews.com and Safeco. To ensure our content is accura...
Licensed Auto Insurance Agent
UPDATED: Jun 23, 2023
It’s all about you. We want to help you make the right coverage choices.
Advertiser Disclosure: We strive to help you make confident auto insurance decisions. Comparison shopping should be easy. We are not affiliated with any one auto insurance provider and cannot guarantee quotes from any single provider. Our partnerships don’t influence our content. Our opinions are our own. To compare quotes from many different companies please enter your ZIP code on this page to use the free quote tool. The more quotes you compare, the more chances to save.
Editorial Guidelines: We are a free online resource for anyone interested in learning more about auto insurance. Our goal is to be an objective, third-party resource for everything auto insurance related. We update our site regularly, and all content is reviewed by auto insurance experts.
UPDATED: Jun 23, 2023
It’s all about you. We want to help you make the right coverage choices.
Advertiser Disclosure: We strive to help you make confident auto insurance decisions. Comparison shopping should be easy. We are not affiliated with any one auto insurance provider and cannot guarantee quotes from any single provider. Our partnerships don’t influence our content. Our opinions are our own. To compare quotes from many different companies please enter your ZIP code on this page to use the free quote tool. The more quotes you compare, the more chances to save.
On This Page
- Average auto insurance rates in Santa Fe, NM for senior drivers are $2,049 per year
- The most expensive auto insurance company in Santa Fe for teen drivers is Farmers
- The minimum auto insurance required in Santa Fe, New Mexico is 25/50/10
Santa Fe, New Mexico auto insurance requirements are 25/50/10 according to New Mexico auto insurance laws. Finding cheap auto insurance in Santa Fe can seem like a difficult task, but all of the information you need is right here. We’ll cover factors that affect auto insurance rates in Santa Fe, New Mexico, including driving record, credit, commute time, and more.
Compare auto insurance in Santa Fe to other New Mexico cities, including Alamogordo auto insurance rates, Santa Fe auto insurance rates, and Clovis auto insurance rates to see how Santa Fe, New Mexico auto insurance rates stack up.
Before you buy Santa Fe, New Mexico auto insurance, make sure you have compared rates from multiple companies. Enter your ZIP code above to get free Santa Fe, New Mexico auto insurance quotes.
Minimum Auto Insurance in Santa Fe, New Mexico
Santa Fe, New Mexico auto insurance laws require that you have at least the New Mexico minimum auto insurance to be financially responsible in the event of an accident. Take a look at the required auto insurance in Santa Fe, New Mexico.
| Liability Insurance Required | Minimum Coverage Limits Required |
|---|---|
| Bodily Injury Liability Coverage | $25,000 per person $50,000 per accident |
| Property Damage Liability Coverage | $10,000 minimum |
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Cheap Santa Fe, New Mexico Auto Insurance by Age, Gender, and Marital Status
Auto insurance rates in Santa Fe, New Mexico are affected by age, gender, and marital status. See how demographics impact the annual cost of insurance.
| Insurance Company | Married 35-Year-Old Female | Married 35-Year-Old Male | Married 60-Year-Old Female | Married 60-Year-Old Male | Single 17-Year-Old Female | Single 17-Year-Old Male | Single 25-Year-Old Female | Single 25-Year-Old Male |
|---|---|---|---|---|---|---|---|---|
| Allstate | $2,504 | $2,501 | $2,309 | $2,425 | $8,700 | $10,119 | $2,752 | $2,908 |
| Farmers | $2,478 | $2,467 | $2,218 | $2,377 | $10,278 | $10,545 | $2,777 | $2,846 |
| Geico | $2,893 | $2,967 | $2,716 | $2,716 | $8,574 | $11,673 | $3,043 | $3,007 |
| Nationwide | $2,457 | $2,491 | $2,236 | $2,339 | $6,049 | $7,596 | $2,785 | $2,975 |
| Progressive | $1,690 | $1,624 | $1,546 | $1,544 | $7,221 | $8,132 | $2,039 | $2,096 |
| State Farm | $1,649 | $1,649 | $1,511 | $1,511 | $4,592 | $5,753 | $1,848 | $2,038 |
| USAA | $1,705 | $1,689 | $1,625 | $1,613 | $4,637 | $5,241 | $2,119 | $2,265 |
Cheap Santa Fe, New Mexico Auto Insurance for Teen Drivers
Finding cheap teen auto insurance in Santa Fe, New Mexico is a challenge. Take a look at the annual teen auto insurance rates in Santa Fe, New Mexico.
| Insurance Company | Single 17-Year-Old Female | Single 17-Year-Old Male |
|---|---|---|
| Allstate | $8,700 | $10,119 |
| Farmers | $10,278 | $10,545 |
| Geico | $8,574 | $11,673 |
| Nationwide | $6,049 | $7,596 |
| Progressive | $7,221 | $8,132 |
| State Farm | $4,592 | $5,753 |
| USAA | $4,637 | $5,241 |
Cheap Santa Fe, New Mexico Auto Insurance for Seniors
What are senior auto insurance rates in Santa Fe, New Mexico? Take a look at the annual average rates for older drivers.
| Insurance Company | Married 60-Year-Old Female | Married 60-Year-Old Male |
|---|---|---|
| Allstate | $2,309 | $2,425 |
| Farmers | $2,218 | $2,377 |
| Geico | $2,716 | $2,716 |
| Nationwide | $2,236 | $2,339 |
| Progressive | $1,546 | $1,544 |
| State Farm | $1,511 | $1,511 |
| USAA | $1,625 | $1,613 |
Cheap Santa Fe, New Mexico Auto Insurance By Driving Record
Driving record has a big impact on your auto insurance rates. See the annual auto insurance rates for a bad record in Santa Fe, New Mexico compared to the annual auto insurance rates with a clean record in Santa Fe, New Mexico.
| Group | Clean Record | With 1 Accident | With 1 DUI | With 1 Speeding Violation |
|---|---|---|---|---|
| Allstate | $3,494 | $4,646 | $5,009 | $3,960 |
| Farmers | $3,798 | $4,902 | $4,788 | $4,504 |
| Geico | $2,790 | $4,448 | $8,767 | $2,790 |
| Nationwide | $2,714 | $3,796 | $4,886 | $3,069 |
| Progressive | $2,793 | $3,848 | $3,009 | $3,297 |
| State Farm | $2,405 | $2,623 | $2,623 | $2,623 |
| USAA | $1,936 | $2,707 | $3,542 | $2,260 |
Cheap Santa Fe, New Mexico Auto Insurance Rates After a DUI
Finding cheap auto insurance after a DUI in Santa Fe, New Mexico is not easy. Compare the annual rates for DUI auto insurance in Santa Fe, New Mexico to find the best deal.
| Insurance Company | Annual Auto Insurance Rates With a DUI |
|---|---|
| Allstate | $5,009 |
| Farmers | $4,788 |
| Geico | $8,767 |
| Nationwide | $4,886 |
| Progressive | $3,009 |
| State Farm | $2,623 |
| USAA | $3,542 |
Cheap Santa Fe, New Mexico Auto Insurance By Credit History
Credit history can have a major effect on the cost of auto insurance. See how Santa Fe, New Mexico annual auto insurance rates by credit history compare.
| Insurance Company | Poor | Fair | Good |
|---|---|---|---|
| Allstate | $4,969 | $4,108 | $3,755 |
| Farmers | $5,160 | $4,273 | $4,061 |
| Geico | $5,261 | $4,587 | $4,247 |
| Nationwide | $4,416 | $3,446 | $2,986 |
| Progressive | $3,533 | $3,169 | $3,008 |
| State Farm | $3,659 | $2,258 | $1,789 |
| USAA | $3,274 | $2,445 | $2,116 |
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Cheap Santa Fe, New Mexico Auto Insurance Rates By ZIP Code
Auto insurance rates by ZIP code in Santa Fe, New Mexico can vary. Compare the annual cost of auto insurance by ZIP code in Santa Fe, New Mexico to see how car insurance rates are affected by location.
| ZIP Code | Average Annual Rates |
|---|---|
| 87501 | $3,857 |
| 87505 | $3,831 |
| 87506 | $3,917 |
| 87507 | $3,868 |
| 87508 | $3,923 |
Cheap Santa Fe, New Mexico Auto Insurance Rates By Commute
Commute length and annual mileage affect Santa Fe, New Mexico auto insurance. Find the cheapest annual Santa Fe, New Mexico auto insurance by commute length.
| Insurance Company | 10 Mile Commute, 6000 Annual Mileage | 25 Mile Commute, 12000 Annual Mileage |
|---|---|---|
| Allstate | $4,277 | $4,277 |
| Farmers | $4,498 | $4,498 |
| Geico | $4,626 | $4,771 |
| Nationwide | $3,616 | $3,616 |
| Progressive | $3,237 | $3,237 |
| State Farm | $2,504 | $2,633 |
| USAA | $2,534 | $2,689 |
Cheap Santa Fe, New Mexico Auto Insurance Rates By Coverage Level
How much does the coverage level you select affect the cost of your auto insurance in Santa Fe, New Mexico? Check out the comparison of annual Santa Fe, New Mexico auto insurance rates by coverage level.
| Insurance Company | Low | Medium | High |
|---|---|---|---|
| Allstate | $4,089 | $4,269 | $4,474 |
| Farmers | $4,060 | $4,451 | $4,983 |
| Geico | $4,341 | $4,685 | $5,069 |
| Nationwide | $3,534 | $3,588 | $3,726 |
| Progressive | $3,062 | $3,237 | $3,411 |
| State Farm | $2,325 | $2,578 | $2,804 |
| USAA | $2,438 | $2,624 | $2,773 |
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Best By Category: Cheapest Auto Insurance in Santa Fe, New Mexico
Compare the cheapest auto insurance companies in Santa Fe, New Mexico in each category to find the company with the best rates for your personal needs.
| Category | Insurance Company |
|---|---|
| Teenagers | USAA |
| Seniors | State Farm |
| Clean Record | USAA |
| With 1 Accident | State Farm |
| With 1 DUI | State Farm |
| With 1 Speeding Violation | USAA |
The Cheapest Santa Fe, New Mexico Auto Insurance Companies
What auto insurance companies in Santa Fe, New Mexico are the cheapest? Compare the top Santa Fe, New Mexico auto insurance companies to find the best annual rates.
| Insurance Company | Average Annual Rates |
|---|---|
| Allstate | $4,277 |
| Farmers | $4,498 |
| Geico | $4,699 |
| Nationwide | $3,616 |
| Progressive | $3,237 |
| State Farm | $2,569 |
| USAA | $2,612 |
What affects auto insurance rates in Santa Fe, New Mexico?
There are a lot of reasons why auto insurance rates in Santa Fe, New Mexico are higher or lower than in other cities. These include traffic and the number of vehicle thefts in Santa Fe, New Mexico. Many local factors may affect your Santa Fe auto insurance rates.
Santa Fe Auto Theft
More theft means higher auto insurance rates because auto insurance companies are paying more in claims. According to the FBI’s annual Santa Fe, New Mexico auto theft statistics, there have been 222 auto thefts in the city.
Santa Fe Commute Time
Cities in which drivers have a longer average commute time tend to have higher auto insurance costs. The average Santa Fe, New Mexico commute length is 24.2 minutes according to City-Data.
Santa Fe Traffic
How does Santa Fe, New Mexico rank for traffic? According to Inrix Santa Fe, New Mexico is the 775th most congested worldwide.
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Compare Santa Fe, New Mexico Auto Insurance Quotes
Before you buy Santa Fe, New Mexico auto insurance, make sure you have compared rates from multiple companies. Enter your ZIP code below to get free Santa Fe, New Mexico auto insurance quotes.
Frequently Asked Questions
How does commute length affect auto insurance rates in Santa Fe, NM?
Commute length and annual mileage can affect auto insurance rates in Santa Fe, NM. Insurance companies consider these factors when determining premiums.
How does credit history affect auto insurance rates in Santa Fe, NM?
Credit history can have a major effect on the cost of auto insurance in Santa Fe, NM. Different credit scores can result in varying annual insurance rates.
What are the auto insurance rates after a DUI in Santa Fe, NM What is the average auto insurance rate in Santa Fe, NM?
Auto insurance rates tend to increase significantly after a DUI in Santa Fe, NM. The rates can vary depending on the insurance company.
What is the average auto insurance rate in Santa Fe, NM?
The average auto insurance rate in Santa Fe, NM is $304 per month.
What is the minimum auto insurance coverage required in Santa Fe, NMIs it necessary to have uninsured/underinsured motorist coverage in Santa Fe, New Mexico?
The minimum auto insurance coverage required in Santa Fe, NM to comply with New Mexico auto insurance laws is 25/50/10.
Is it necessary to have uninsured/underinsured motorist coverage in Santa Fe, New Mexico?
Yes, it is highly recommended to have uninsured/underinsured motorist coverage in Santa Fe, NM. This coverage protects you if you’re involved in an accident with a driver who doesn’t have insurance or doesn’t have enough coverage to pay for your damages.
Free Auto Insurance Comparison
Enter your ZIP code below to view companies that have cheap auto insurance rates.
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Daniel Walker
Licensed Auto Insurance Agent
Daniel Walker graduated with a BS in Administrative Management in 2005 and has run his family’s insurance agency, FCI Agency, for over 15 years (BBB A+). He is licensed as an insurance agent to write property and casualty insurance, including home, life, auto, umbrella, and dwelling fire insurance. He’s also been featured on sites like Reviews.com and Safeco. To ensure our content is accura...
Licensed Auto Insurance Agent
Editorial Guidelines: We are a free online resource for anyone interested in learning more about auto insurance. Our goal is to be an objective, third-party resource for everything auto insurance related. We update our site regularly, and all content is reviewed by auto insurance experts.