Rio Rancho Insurance Rates:

Rio Rancho, NM homeowners insurance is roughly $593 to $803, about $49-$66/month. Our thorough research reveals consumers can save upto $279 by comparing many quotes. Enter your zipcode below and click “GO” to get multiple free quotes.

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Latest Home Insurance Reviews

Farm Bureau
I do not like how some of the receptionists are not very professional. they required some more training to handle customers
Farmer's Insurance
Our farmers insurance agent is patient and understanding when it comes to claiming information. when paperwork is being done and our emotions are high, our agent always doubles checks and verifies everything before sending.
Blue Cross Blue Shield
I wish that we didn't have to drive out of the way for the specialty doctors we are referred to with it.
State Farm
I like how my local personal agent looks out for my individual needs. He noticed I had too much coverage on my home and recommended I lower it in order to save money.
Allstate
I never have difficulties getting in contact with my agents. If ever I cannot get someone on the phone immediately, they always make sure to call me on the same business day, or early the next day.
Farmer's Insurance
I wish the overall premium was lower, although this is not really a fault of farmers, thatÃḃ€™s just the industry and the world we live in.
Farmer's Insurance
Don't really have a way of comparing premiums or costs. Haven't shopped for insurance lately.
State Farm
They raised my premiums after a readjustment. I feel cheated because we negotiated the price and I chose them based on the initial price
State Farm
The deductible in the past has taken us by surprise, probably same with all companies.
Allstate
I have not had to deal with customer service much because I haven't made a claim. I have only called a couple of times to pay my bill over the phone. It was fine
Nationwide
They are fast settling claims and seem to be fair with their claims. They don't seem to have a policy that will not accept older houses. So that is a good thing for our house.
Progressive
I am extremely satisfied with my insurance company and the professional customer service they provide. I will continue to use their services for many years to come.
Farmer's Insurance
I'm getting excellent coverage from a major insurer at a price that can't even come close to being beat by other insurance companies. Farmers is a secure and reputable insurer and I know that they will do what insurance is supposed to do if I need to use the policy.
Farmer's Insurance
Farmers seems to be competitive, but their agent doesn't stay in touch or responds all that well (with details, questions, etc.) Even tho, the claims process always seems efficient and we've been well informed and up to date about how we need to proceed with a claim.
State Farm
I don't like speaking with a person who is not well-versed in the business. I don't like waiting days for a response.
Allstate
The company serves me a need and covers my home. I feel like my premium rate are high since I have not had to file a claim, but their service so far has been acceptable and reasonable with other rates I have seen.
Progressive
The only thing I don't like is that the website can be sort of not user-friendly. you have to double sign in but only sometimes and then you have to click through all these pages to get to the one you actually need
Farm Bureau
I have had insurance through a couple different companies over the years and this is the best one I have found. They have very good rates and I can bundle my home and car insurance.

Rio Rancho, NM Homeowners Insurance By Home Value

Rio Rancho, NM Home Value Total Homes % of Total Average Rio Rancho, NM Homeowners Insurance
Less than $50,000 1,262 4.0% $90
$80,000 to $89,999 498 1.0% $307
$90,000 to $99,999 791 2.0% $342
$100,000 to $124,999 2,975 10.0% $397
$125,000 to $149,999 3,760 12.0% $502
$150,000 to $174,999 4,932 16.0% $593
$175,000 to $199,999 3,325 11.0% $684
$200,000 to $249,999 4,932 16.0% $823
$250,000 to $299,999 3,057 10.0% $1005
$300,000 to $399,999 3,344 11.0% $1284

Top Home Insurance Agents Near Rio Rancho, NM

Home Insurance Company Near Rio Rancho, NM Homeowners Insurance Agency Near Rio Rancho, NM Address
NA J B Martin Insurance Agency 8500 Menaul Ne Ste B 345 Albuquerque, ABQ, NM, 87112
Farmers April Garcia Csd Csg Csp 322 Louisiana Blvd NE, Albuquerque, NM, 87108
State Farm Brian Anastasio 8625 Golf Course Road NW, Albuquerque, NM, 87114-5114
Allstate Rio Grande Insurance 1231 S. Saint Francis Drive Suite A , Santa Fe, NM, 87505
State Farm Sam Sample 3700 Osuna Rd NE Ste 514, Albuquerque, NM, 87109-4461

Cost Of Homeowners Insurance By Street Near Rio Rancho, NM

Streets in Rio Rancho Area Homeowners Insurance Cost
Rincon de Romos Dr SE, Cll de Blas, Clle Azul, Cll Valle Serrano, Coyote Way NE, 21st St NW, Sombrerete Rd SE, Eastlake Dr SE, Ramah, 9th St SW$686
Ashley Ln NW, Seven Star Loop, Frontage Rd NE, 4th St SW, Spruce Meadows Dr NE, Alcano Cir NE, Jeffrey Rd NE, W la Entrada, Hill Rd NE, Cam de Las Huertas$783
W Ella Dr, Chihuahua Rd NE, 7th Ave NW, Chama River Ct NE, C de Baca Ln, Cam Alto, Cll Duranes, Mallard Ct NE, Villa Rd SE, Magrey Ln$700
Perfecto Lopez Rd, Spruce Mountain Loop NE, Willow Ct SE, 23rd St NW, Goldfinch Way NE, Railroad Track Rd, 13th St SE, San Lorenzo, Geraldine Pl SE, Wyalusing Rd NE$701
Sheriff's Posse Rd, Sanbusco Ct NE, Alero Cir NE, Dethomas Ln, Bluebird Rd, Cedar Ln SE, Quantum Rd NE, Doral Park Rd SE, Sawmill Rd, 16th St SW$678
Pawnee Ct NE, Cam Tres Ritos Ct, Gypsum Ct NE, Villa Pl SE, Talon Dr NE, Mark Rd NE, Cll Melinche, Main St, Iris Rd NE, Desert Zinnia Rd NE$701
Saint Andrews Dr SE, Yucca Trl, Cabeza Negra Ct SE, Sandia Vista Pl NE, Pecos Loop SE, W Meadowlark Ln, Autum Meadows, 20th Ave SE, Lemon Dr NE, Slice Ct SE$793
Maguey Ln, el Morro Dr SE, Sego Ln, Copper Dr NE, Ave Encento, Rock Rd NE, Cll Don Francisco, Stallion Loop SE, Third Mesa Ct, Trujillo Ln$773
Gunpowder Ct, Wild Horse Ln, Michelle Cir, Japura Ct NE, Diamond Peak Dr NE, Edith Rd, Medina Meadows Dr, Virgina Ct NE, Shelby Meadows Dr NE, Carin Ct SE$663
Alif Rd NE, Cll Dominguez, W Applewood, Ceniza Ln SE, Quail Meadow Rd, Via Faisan, Caballo Ct NE, Cll Corte, Dearborn Hills Dr NE, Arrowhead Ridge Dr SE$774

Rio Rancho, NM Home Insurance Savings For Senior Occupied Homes

PlaceSavings For Senior Occupied Homes
Rio Rancho$104 to $106
Bernalillo$100
Santa Ana Pueblo$98
Placitas$114

Rio Rancho, 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 town, New Mexico $101 $134 $201
Santa Ana Pueblo CDP, New Mexico $98 $131 $197
Placitas CDP (Sandoval County), New Mexico $114 $152 $228

Rio Rancho, 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
Rio Rancho, NM4.2%15.7%
Bernalillo5.38%18.39%
Santa Ana Pueblo12.01%38.02%
Placitas3.3%12.41%

Rio Rancho Renters Insurance as a Percentage of Rent

Rio Rancho Home By Monthly Rent Total Homes % of Total Estimated Monthly Income To Afford Rented House Including Renters Insurance
$200 to $299 101 1.0% $792
$300 to $499 374 4.0% $1242
$500 to $749 1,185 15.0% $1917
$750 to $999 2,164 28.0% $2667
$1,000 to $1,499 2,696 35.0% $3792
$1,500 or more 1,013 13.0% $5442

Rio Rancho, NM Home Insurance Costs With Deductible Scenario

Low DeductibleHigh Deductible
Deductible$600$2,600
Yearly Rio Rancho Homeowner Insurance Premium Example $1,200$800
Out of Pocket Expense During Claim$600$2,600
Total Home Insurance Premium for 8 years + Out of Pocket Expense for Claim $10,200$9,000
Net Savings to Rio Rancho Home Owner from High Deductible Plan $1,200

Rio Rancho, NM Home Insurance Costs With Home Replacement Value Scenarios

Scenario Rio Rancho, NM Home Replacement Value MORE than Home Value Rio Rancho, NM Home Replacement Value LESS than Home Value
Replacement Value $220,500 $156,500
Insurance Premium based on Replacement Value $1,275 $900
Risk Exposure from Under Insuring Coverage Unnecessary Home Insurance Coverage of $37,000 Risk Exposure from Under Insuring Coverage is $27,000
Premium Impact Insurance cheaper by $150/year Insurance costlier by $225/year

Example Rio Rancho Homeowners Insurance Comparison Table to Compare The Cheapest Quotes

Insurance Company AllstateAmica Mutual Insurance CompanyLiberty Mutual
Monthly Premium 8010664
Year Built 200720131999
Home Details 3 Beds, 2 Baths4 Beds, 2 Baths5 Beds, 1 Baths
Coverage Amount $250000-$300000$350000-$400000$200000-$250000
Deductible $2500-$5000 Deductible$2500-$5000 Deductible$2500-$5000 Deductible

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

Year Built Home Value Roof Type Sqft Number of Bedrooms Deductible Premium Premium Months Siding Type Smoker/Non Smoker
2014 270,000 Slate Shingles Roof 3,030 4 $5000 to $10,000 Deductible 1030 12 Stucco siding No
2000 160,000 Membrane Roof 1,380 3 $500 Deductible 470 7 Fiber-Cement Siding No
1980 230,000 Membrane Roof 2,480 4 $5000 to $10,000 Deductible 400 6 Fiber-Cement Siding yes
1992 355,000 Shingles Roof 3,260 4 $500- $1000 Deductible 240 2 Stone Siding No
1998 205,000 Membrane Roof 1,770 5 $1000-$2500 Deductible 390 8 Vinyl siding yes
1999 620,000 Asphalt Shingles Roof 4,840 5 > $10,000 Deductible 550 3 Fiber-Cement Siding No
1993 605,000 Slate Shingles Roof 4,700 5 $5000 to $10,000 Deductible 1780 10 Brick siding No
2004 335,000 Asphalt Shingles Roof 3,310 5 $5000 to $10,000 Deductible 420 4 Vinyl siding No
2010 180,000 Wood Shake Roof 1,860 3 $2500-$5000 Deductible 440 8 Stone Siding No
2009 420,000 Composition Roof 3,250 5 $5000 to $10,000 Deductible 860 8 Brick siding yes
2007 390,000 Shingles Roof 3,030 4 $5000 to $10,000 Deductible 1440 12 Stone Siding No
1990 120,000 Membrane Roof 1,300 3 $2500-$5000 Deductible 210 6 Wood siding yes
1984 305,000 Composition Roof 2,740 5 $500- $1000 Deductible 1190 8 Stone Siding No
2003 260,000 Shingles Roof 2,480 4 $1000-$2500 Deductible 1260 10 Stone Siding yes
2013 210,000 Metal Roof 1,610 4 $500 Deductible 520 6 Stone Siding No
1994 280,000 Asphalt Shingles Roof 2,880 4 $2500-$5000 Deductible 930 10 Wood siding yes
1994 280,000 Slate Shingles Roof 2,180 4 $500 Deductible 610 6 Fiber-Cement Siding No
1988 205,000 Membrane Roof 1,730 4 > $10,000 Deductible 420 9 Vinyl siding No
2007 445,000 Wood Shake Roof 4,090 5 > $10,000 Deductible 770 9 Wood siding yes
1999 215,000 Membrane Roof 2,290 4 $2500-$5000 Deductible 580 9 Fiber-Cement Siding yes
2000 225,000 Asphalt Shingles Roof 1,880 5 $500- $1000 Deductible 290 4 Stone Siding No
2001 115,000 Tile Roof 1,270 3 $500- $1000 Deductible 200 5 Wood siding yes
2011 470,000 Asphalt Shingles Roof 4,550 5 > $10,000 Deductible 1450 12 Brick siding yes