How To Make Your Albuquerque, NM Home Insurance Cheaper
Albuquerque, NM, homeowners insurance is about $912. V Home Insurance detailed analysis provides guidance to shoppers by choosing the right insurance provider for factors such as home value, coverage, and deductible. Enter your Zip Code below and click “GO” to get multiple free quotes.
Comparison of Albuquerque, NM Home Insurance Rates with the Bernalillo County Average
| Place | Bernalillo County Average: $917.0 | $ Difference vs coutny Average | % Difference vs coutny Average | Population | Estimated Value of a Home ($) |
|---|---|---|---|---|---|
| Albuquerque, NM | $912.0 | -5.0 | -0.01 | 633,613 | 187,000 |
Cost of Albuquerque, NM Homeowners Insurance by Home Value and Household Income
| Nearby Places | Median Home value ($) | Median Household Income ($) | Premium Range |
|---|---|---|---|
| Cedro | 233,700 | 34,652 | $996 |
| Bernalillo | 155,800 | 9,660 | $854 |
| Peralta | 198,400 | 23,135 | $932 |
| San Pedro | 172,500 | 130,513 | $886 |
Homeowners Insurance Comparison for the Cheapest Premiums in Albuquerque, NM
| MetLife | Nationwide | Farm Bureau | |
| Median Home Value ($) | 187,000 | 187,000 | 187,000 |
| Age of Home | Year 30 Old | Above Year 50 | Above Year 50 |
| Home Coverage ($) | $400,000 -$499,999 | $500,000 -$749,999 | $300,000 -$399,999 |
| Total Premium ($) | $2,663.4 | $4,040.4 | $2,428.5 |
Cost of Albuquerque, NM Home insurance Premium for Different Deductibles
| Company | Deductible ($) | Coverage value | Insurance premium ($) |
|---|---|---|---|
| Progressive | 500 | $150,000-$174,999 | 627.6 |
| Liberty Mutual | 1000 | $500,000-$749,999 | 2,935.6 |
| State Farm | 2500 | $1000,000-$1499,999 | 2,894.2 |
| Donegal Mutual Insurance Company | 2000 | $500,000-$749,999 | 2,588.4 |
| Farm Bureau | 2000 | $1500,000-$2000,000 | 3,538.8 |
| Nationwide | 1000 | $400,000-$499,999 | 2,293.5 |
| MAPFRE Insurance | 1500 | $1000,000-$1499,999 | 3,537.4 |
| American National Property and Casualty Company | 2500 | $200,000-$249,999 | 660.5 |
| The Hartford | 500 | $250,000-$299,999 | 1,331.1 |
| Safeco Insurance | 2500 | $1500,000-$2000,000 | 3,107.3 |