Albuquerque Insurance Rates:

Albuquerque, NM homeowners insurance is about $593 to $802, about $49-$66/month. Our detailed analysis indicates shoppers can save upto $278 by comparing different quotes. Enter your zipcode below and click “GO” to get multiple free quotes.

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Latest Home Insurance Reviews

Homesite Home Insurance Company
Homesite was fast to order from and worked with the mortgage company seamlessly. the actual process of ordering probably took me less than ten minutes which is far less than the time it took with my previous insurers
Liberty Mutual
We spent three months out of our house, and liberty mutual contracted a company to try and find us suitable housing. the company they contracted with was from another state and found us a total of two options, neither one anywhere near where we needed them to be (there is a reason why we bought our house in the area we did--close to work, didn't have to take toll roads to get anywhere, etc.). liberty mutual accused us of stalling, when in fact we had only been given two bad options to choose from.
Allstate
Obtaining the policy was easy. put in your information online to receive a quote in just a few minutes time.

Albuquerque, NM Homeowners Insurance By Home Value

Albuquerque, NM Home Value Total Homes % of Total Average Albuquerque, NM 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

Top Home Insurance Agents Near Albuquerque, NM

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

Cost Of Homeowners Insurance By Street Near Albuquerque, NM

Streets in Albuquerque Area Homeowners Insurance Cost
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 Savings For Senior Occupied Homes

PlaceSavings For Senior Occupied Homes
Albuquerque$104 to $106
Bernalillo County$104
Los Ranchos de Albuquerque$115
South Valley$102

Albuquerque, NM Auto & Homeowners Insurance Bundling Discounts

Place 1 Car Bundle Savings On Insurance 2 Car Bundle Savings On Insurance 3 Car Bundle Savings On Insurance
Bernalillo County, New Mexico $87 $116 $174
Los Ranchos de Albuquerque village, New Mexico $97 $129 $193
South Valley CDP, New Mexico $85 $113 $170

Albuquerque, NM Area Home Insurance as a % of Housing Cost

PlaceHome insurance as a % of housing cost for homes with mortgageHome insurance as a % of housing cost for homes without mortgage
Albuquerque, NM4.3%15.3%
Bernalillo County4.24%15.39%
Los Ranchos de Albuquerque3.29%13.18%
South Valley4.94%18.28%

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

Albuquerque, NM Homeowners 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

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

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

Sample Home Insurance Rates for Albuquerque, NM from Consumer Reviews & Surveys

Year Built Home Value Roof Type Sqft Number of Bedrooms Deductible Premium Premium Months Siding Type Smoker/Non Smoker
1977 115,000 Tile Roof 990 2 $500 Deductible 610 12 Brick siding No
2014 235,000 Tile Roof 1,880 3 $500- $1000 Deductible 890 9 Stone Siding No
1971 215,000 Shingles Roof 1,710 5 $1000-$2500 Deductible 350 5 Brick siding yes
1969 180,000 Slate Shingles Roof 2,070 4 $2500-$5000 Deductible 280 6 Vinyl siding yes
1964 180,000 Slate Shingles Roof 1,420 3 $5000 to $10,000 Deductible 410 7 Fiber-Cement Siding yes
1981 130,000 Shingles Roof 1,420 3 $500 Deductible 170 4 Wood siding yes
2014 100,000 Wood Shake Roof 1,030 2 $500 Deductible 100 2 Brick siding No
1976 540,000 Tile Roof 5,000 5 > $10,000 Deductible 860 6 Fiber-Cement Siding No
2005 190,000 Asphalt Shingles Roof 1,590 3 $500- $1000 Deductible 660 8 Fiber-Cement Siding No
1981 100,000 Metal Roof 1,050 2 $2500-$5000 Deductible 150 5 Brick siding yes