How to Know You’re Spending Too Much for Car Insurance in Hobbs

Purchasing affordable Hobbs car insurance on the web can be difficult for people who are new to price shopping online. Because there are so many online companies available, how can anyone effectively compare them all to find the lowest rates?

Finding Car Insurance Deals in Hobbs, NM

All the larger car insurance companies such as State Farm and Allstate quote coverage price quotes online. Getting online quotes is fairly straightforward as you simply enter your required coverages into a form. After you complete the form, their system makes automated requests for credit information and your driving record and returns a price quote based on many factors.

Online quotes streamlines rate comparisons, but having to visit several different sites and fill out multiple forms can be a bit tiresome and repetitive. But it’s absolutely necessary to perform this step if you are searching for a better rate.

A less time-consuming method to lower your car insurance bill uses one simple form to get prices from several companies at one time. It’s a real time-saver, eliminates repetitive work, and makes online price comparison much simpler. After your information is entered, it is quoted and you can select any of the quotes that you receive.

If one or more price quotes are lower than your current rates, you can click and sign and purchase the new policy. The entire process just takes a couple of minutes and can result in significant savings.

To quickly find out if lower rates are available, click here to open in a new tab and input your coverage information. If you have your current policy handy, we recommend you enter the insurance coverages identical to your current policy. Doing this assures you are getting rate quotes based on the exact same insurance money in Hobbs

More discounts equal less premium

Car insurance is not cheap, but discounts can save money and there are some available that many people don’t even know exist. Larger premium reductions will be automatically applied at the time of purchase, but some must be specifically requested before being credited. If you’re not getting every credit possible, you’re paying more than you need to.

  • Auto/Life Discount – Some companies give a break if you buy auto and life insurance together.
  • Anti-lock Brake System – Vehicles with anti-lock braking systems are safer to drive and earn discounts up to 10%.
  • Memberships – Being a member of a civic or occupational organization is a good way to get lower rates when shopping for car insurance.
  • Early Switch Discount – A few companies offer discounts for switching to them before your current expiration date. It’s a savings of about 10%.
  • Military Rewards – Having a family member in the military can result in better rates.
  • Discounts for Safe Drivers – Drivers who avoid accidents may save up to 50% more than their less cautious counterparts.
  • New Car Discount – Buying coverage on a new vehicle can cost up to 25% less since new cars are generally safer.
  • Passive Restraints and Air Bags – Vehicles equipped with air bags or motorized seat belts can qualify for discounts of up to 25% or more.

It’s important to understand that most discounts do not apply to your bottom line cost. The majority will only reduce the price of certain insurance coverages like liability, collision or medical payments. Just because you may think all those discounts means the company will pay you, car insurance companies aren’t that generous. Any qualifying discounts will bring down the amount you have to pay.

For a list of insurers with discount car insurance rates in New Mexico, click here to view.

It’s not one size fits all

When choosing proper insurance coverage, there isn’t really a perfect coverage plan. Everyone’s situation is unique.

Here are some questions about coverages that can aid in determining if your insurance needs may require specific advice.

Hobbs NM insurance ad

  • What is high-risk coverage and where do I buy it?
  • How much liability coverage do I need in New Mexico?
  • Do all my vehicles need collision coverage?
  • Am I covered when driving a rental car?
  • When do I need to add a new car to my policy?
  • Does coverage extend to a rental car in a foreign country?

If you don’t know the answers to these questions, then you may want to think about talking to an insurance agent. To find lower rates from a local agent, complete this form. It is quick, free and may give you better protection.

Additional information is available on the New Mexico Insurance Division website. Click here for link. New Mexico drivers can learn about insurance regulations, view agent and company licensing information, read enforcement actions against agents and companies, and find a variety of consumer forms.

Also read more on’s Car Insurance: When not to Skimp and this link where you can make Hobbs car insurance comparisons.