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Albuquerque, NM Home Values & Insurance Rates

Albuquerque, NM Home By Value Total Homes % of Total Average Homeowners Insurance
Less than $50,000 9,823 6.0% $90
$70,000 to $79,999 2,123 1.0% $271
$80,000 to $89,999 2,648 1.0% $313
$90,000 to $99,999 3,165 2.0% $348
$100,000 to $124,999 14,419 10.0% $404
$125,000 to $149,999 15,510 10.0% $501
$150,000 to $174,999 21,002 14.0% $599
$175,000 to $199,999 15,677 10.0% $690
$200,000 to $249,999 25,827 18.0% $829
$250,000 to $299,999 17,096 11.0% $1010
$300,000 to $399,999 14,269 9.0% $1289

Albuquerque Renters Insurance as a Percentage of Rent

Albuquerque Home By Monthly Rent Total Homes % of Total Estimated Monthly Income To Afford Rented House Including Renters Insurance
Less than $200 1,553 1.0% $343
$200 to $299 2,246 2.0% $793
$300 to $499 8,795 9.0% $1243
$500 to $749 31,974 34.0% $1918
$750 to $999 24,034 26.0% $2668
$1,000 to $1,499 18,810 20.0% $3793
$1,500 or more 4,245 4.0% $5443

Example Albuquerque Homeowners Insurance Comparison Table to Compare The Cheapest Quotes

Insurance Company GEICO InsuranceTravelersAmica Mutual Insurance Company
Monthly Premium 564386
Year Built 200719611971
Home Details 3 Beds, 1 Baths4 Beds, 1 Baths5 Beds, 3 Baths
Coverage Amount $150000-$175000$150000-$175000$350000-$400000
Deductible $2500-$5000 Deductible$2500-$5000 Deductible> $10,000 Deductible

Top Home Insurance Agents Near Albuquerque, NM

Home Insurance Company Near Albuquerque, NM Homeowners Insurance Agency Near Albuquerque, NM Address Distance from Albuquerque, NM (miles)
Farmers James Lucero 2015 Wyoming Blvd NE Ste D, Albuquerque, NM, 87112 3.8
Liberty Mutual Independent Justice Insurance Specialists 211 S MAIN ST, BELEN, NM, 87002 30.5
Allstate Blue Star Insurance 400 W Hwy 60, Mountainair, NM, 87036 46.1
Farmers Cathy Muse 4201 Central Ave NW # B7a, Albuquerque, NM, 87105 4.3
State Farm Cynthia Bahling 12700 San Rafael Ave NE Ste 2, Albuquerque, NM, 87122-1143 8.8

Albuquerque, NM Home Insurance by Zip Code

Zip Code Median Home Value Median Homeowners Insurance
87122 $466,700 $810
87113 $251,000 $730
87111 $249,600 $730
87106 $236,600 $730
87104 $232,900 $720
87109 $209,200 $710
87107 $198,700 $700
87120 $195,000 $700
87110 $187,900 $710
87112 $182,900 $700
87123 $170,200 $700
87108 $169,300 $700
87102 $136,700 $680
87105 $132,600 $680
87121 $132,600 $690

Estimated Home Insurance By Street Area Near Albuquerque, NM

Albuquerque Area Estimated House Insurance
Bentley Ct, Cam Cerrito SE, Bret Pl NE, Mirasol Ave NW, la Veta Ct, Cosmos Dr SW, San Nicholas Ave NW, Tuna Pl NW, Atrisco Pl NW, Rafael Rd SW$680
Coal Ave SW, Ave Las Campanas NW, Cranbrook St NE, Thomas Ln NW, Malachite Dr SW, Sun Mountain Trl SW, Sherwood Dr NW, Larkspur Ln, la Condesa Ave NE, Vinton St SW$679
Live Oak Ln NE, la Ronda Pl NE, Illinois St NE, Tower Rd SW, Kentucky St NE, Rock Point Pl NE, Faye Pl NE, Cletsoway Dr SW, Agnes Ct NE, del Rey Rd SW$703
Scoria Dr NW, Placido Dr NE, Winchester Rd SW, Calla Lily Cir, Wellsburg Ave NW, Scarlet Pl NW, 60th St SW, Boliver Ln, Red Hawk Rd NE, Pso del Norte$694
Zena Lona St, Brookstone Dr NW, Michael Hughes Dr NE, 11th St NW, Paseo Vis NE, Pojoaque Dr NW, Torpedo Pl NW, Cottonwood Pl, Contreras Pl NW, Terrace SE$712
Tahoe Pl NE, Mead Rd SW, Um Rd NW, Hahn Ct NE, Cll de Vida NW, Roberta Pl NE, Pinon Ct NW, Westlake Dr NE, Galaxia Park Dr NW, Sarita Ave NW$714
del Campo Pl NE, S Dale Dr SW, Daniel Rd NW, Fox Hill Pl SW, Juan Tabo Blvd SE, Maddux Pl NW, Major Ave NW, Signal Ave NE, Montclaire Dr SE, Arapahoe Ave NW$718
14th St NW, Cameron St NW, Tulane Pl NE, Pueblo Verde NE, Eagle Ridge Ln, Georgetown Ave NW, Brookline Dr NW, Cll del Bosque NW, Bonita Plz NE, Cienega Ct NW$727
Montego Pl NE, Glendale Pl NW, Summerlin Rd NW, Tramway Vista Dr NE, Canyon Hills Dr NE, Morrow Ave, Tres Vistas Rd NW, San Fidel Rd NW, Manzano Ct NW, Rio Canon Ct SW$714
Carreta Dr NW, Quarterhorse Ln NW, Cairo Dr NE, Englewood Dr SE, William St SE, Brad Pl NW, Globe Willow Ave NE, Chesapeake Rd NW, Desert Rd, Crescent Dr NW$709

Albuquerque, NM Home Insurance Costs With Deductible Scenario

Low DeductibleHigh Deductible
Deductible$900$2,900
Yearly Albuquerque Homeowner Insurance Premium Example $1,000$600
Out of Pocket Expense During Claim$900$2,900
Total Home Insurance Premium for 8 years + Out of Pocket Expense for Claim $8,900$7,700
Net Savings to Albuquerque Home Owner from High Deductible Plan $1,200

Albuquerque, NM Home Insurance Costs With Home Replacement Value Scenarios

Scenario Albuquerque, NM Home Replacement Value MORE than Home Value Albuquerque, NM Home Replacement Value LESS than Home Value
Replacement Value $166,500 $97,000
Insurance Premium based on Replacement Value $900 $525
Risk Exposure from Under Insuring Coverage Unnecessary Home Insurance Coverage of $36,000 Risk Exposure from Under Insuring Coverage is $33,500
Premium Impact Insurance cheaper by $175/year Insurance costlier by $200/year