Cheapest Car Insurance Quotes in Lovington

Finding the cheapest car insurance quotes in Lovington shouldn't be a guessing game. That's why our licensed insurance experts do the heavy lifting for you, analyzing rates from dozens of top companies to find you the best deal.
We believe in making things clear and simple. Our experts compare coverage options and find every possible discount, so you can see your best options side-by-side. It’s fast, free, and designed to save you a ton.

Enter your zip code to get personalized rates.

Featured in

406,175 Policies Sold

Lovington Car Insurance

^$ 22

/mo

Written by Sara Sam

Edited by Renee Martin

Why you can trust Way?

The auto insurance rates published in this guide are based on the results of research completed by Way’s data team. Using a mix of public and internal data, we analyzed millions of rate averages across U.S. ZIP codes. These rates were publicly sourced from insurer filings and should be used for comparative purposes only — your own quotes will differ. Given this, it’s important to go through our insurance steps form to find how much you can save with Way.

Table of Contents

How Much Is Car Insurance in Lovington

The car insurance rate in Lovington is $1112 for a six-month policy, which is $53 higher than the higher than the state average. Root Insurance Company offers the lowest rates in the city at $755, making it a popular choice for budget-conscious drivers. Rates in Lovington can vary depending on your age, driving record, and coverage level, so not every driver will pay the same amount. Choosing a higher deductible, maintaining a clean driving history, and comparing quotes from multiple insurers can help you find better deals and save money over time.

Avg. Car Insurance in Lovington

$1112

Avg. Car Insurance in New Mexico

$1059

National Average

$1278

Cheapest Car Insurance Companies in Lovington

1st place: USAA

At $755 for a six month policy, USAA offers the cheapest auto insurance rates in the city.

2nd place: Encompass

Encompass offers auto insurance rates at $804 for a six-month policy, making it one of the cheapest to insure with.

3rd place: Nationwide

Nationwide offers auto insurance rates at $898 for six months, making it the third cheapest auto insurance company in Lovington.

Lovington Car Insurance Rates by Company

Based on our research, the cheapest car insurance company in Lovington, NM is USAA, offering policies at just $755 for a six-month term. This is followed by Encompass, which has an average six-month premium of $804.

At the higher end of the spectrum, Kemper is the most expensive, with rates reaching $1141 for a six-month policy. Rates can vary widely by driver, but comparing quotes from multiple companies can help Lovington drivers find the best deals.

Cheap Car Insurance Companies in Lovington, NM

Company	Avg. 6 Mo. Premium	Avg. Monthly Premium
USAA	$755	$127
Encompass	$804	$134
Nationwide	$898	$151
State Farm	$917	$154
Central Mutual	$1010	$172
Progressive	$1079	$182
Central Insurance	$1260	$214
Farmers	$1285	$216
Allstate	$1472	$248
Farm Bureau	$1610	$268
Kemper	$1141	$190

Key Takeaways

Way's key takeaways about car insurance in Lovington

The auto insurance costs in Lovington fall around $755 for six months.
The cheapest auto insurance company in Lovington is Central Mutual.
Teen drivers pay the highest rate in Lovington at $800 per month.

High Rates Shouldn’t Drive You Out of Pocket.

Save up to $971/yr with our auto insurance quotes

Cheapest Minimum Liability Car Insurance in Lovington

Since car insurance is a critical requirement for owning a car, you must have minimum liability car insurance. The cheapest car insurance companies for minimum coverage in Lovington are given below.

Central Mutual provides the cheapest minimum car insurance coverage in Lovington. Their Average 6 Month Premium is $131. Allstate is the most expensive at $537 for the same period.

Cheapest Liability Coverage in Lovington, NM

Company	Avg. 6 Mo. Premium	Avg. Monthly Premium
Central Mutual	$131	$22
USAA	$168	$28
Central Insurance	$206	$35
Iowa Farm Bureau	$212	$36
Encompass	$256	$43
State Farm	$293	$49
Farm Bureau	$324	$56
Progressive	$362	$61
Kemper	$368	$63
Nationwide	$412	$68
Farmers	$418	$70
Allstate	$537	$90

Cheapest Full Coverage Car Insurance in Lovington

One might think that minimum coverage is only required when insuring your car insurance. However, having full coverage car insurance in any city is certainly a wise choice as it offers better coverage and protection. Our best pick for the cheapest auto insurance quotes in Lovington is USAA at $127 per month and $755 for six months.

Cheapest Full Coverage Car Insurance Quotes in Lovington, NM

Company	Avg. 6 Mo. Premium	Avg. Monthly Premium
USAA	$755	$127
Encompass	$804	$134
Nationwide	$898	$151
State Farm	$917	$154
Central Mutual	$1010	$172
Progressive	$1079	$182
Central Insurance	$1260	$214
Farmers	$1285	$216
Allstate	$1472	$248
Farm Bureau	$1610	$268
Kemper	$1141	$190

Don't Let Hidden Costs Drive You Crazy

Get Your Car Insurance Quote in Lovington Instantly!

Average Car Insurance in Lovington by Rating Factor

The car insurance rates for two people under the same ZIP code will mostly be different. This is mostly because insurance rates are calculated based on several rating factors. These rating factors include the driver's age, gender, marital status, driving and claims history, credit score, location, type of vehicle, and coverage levels.

I have a clean driving record. Why is my car insurance rate here in Lovington, NM increasing?

Despite maintaining a clean driving record, your car insurance rates in Lovington, New Mexico, may be increasing due to several external factors. New Mexico has experienced significant rate hikes recently, with average premiums rising by 25.5% in 2023, largely attributed to higher claims volumes and inflation.

Additionally, Lovington's high urban population density, raised auto theft rates, and frequent natural disasters contribute to increased insurance costs.

Car Insurance Premiums by Age in Lovington

It is quite evident why teen drivers pay the highest car insurance rates in any city. Their lack of experience and increased accident rates make them a highly risky category. However, as you grow older, your car insurance rates will decrease. So, it is better to not have separate policies for teens; instead, add them to their parents' policies.

Cheapest Car Insurance Companies Based on Age Group

Age Group	Cheapest Companies	Avg. 6 Mo. Premium
30s	MetLife	$614
40s	MetLife	$573
50s	MetLife	$527
60s	MetLife	$501
70s	MetLife	$651

Cheapest Car Insurance Rates for Teen Drivers in Lovington,NM

If you are planning to get a car insurance policy for your teenage dependent, Central Insurance provides the cheapest car insurance in the Lovington at $33 per month. At $4752 for a six-month premium, Farmers offers the most expensive rate for teen drivers.

Company	Avg. 6 Mo. Premium	Avg. Monthly Premium
Central Insurance	$193	$33
Iowa Farm Bureau	$280	$47
Kemper	$287	$48
USAA	$1079	$182
State Farm	$1927	$324
Farm Bureau	$2663	$453
Progressive	$3343	$563
Nationwide	$3668	$624
Allstate	$4428	$746
Farmers	$4752	$800

Teen Car Insurance Rates in NM by Age

Way Tip

If you are in your twenties MetLife is the best choice for car insurance in Lovington.

As young drivers face the highest rates in Lovington, MetLife offers the cheapest auto insurance rates at $614 for six months.

Car Insurance Rates by Credit Score & Driving History

Similar to your driving history, your financial history also plays a key role in determining your auto insurance rates. A low credit score would mean a lapse in payment and increased chances of filing claims, which results in higher auto insurance rates. Therefore, the higher the credit score, the lower the car insurance rates will be.

Cheapest Car Insurance Companies for Bad Credit

For those with poor credit scores in Lovington, Kemper is the cheapest car insurance provider. At $343 for a six-month premium, they offer the best rates in the city. The most expensive auto insurance rate for drivers with bad credit in Lovington is State Farm, offering rates of around $4316 for six months.

Company	Avg. 6 Mo. Premium	Avg. Monthly Premium
Kemper	$343	$59
USAA	$961	$160
Progressive	$1404	$236
Farmers	$1803	$303
Allstate	$1922	$327
Farm Bureau	$2408	$401
State Farm	$4316	$734

Escape the Trap of Rising Insurance Costs.

Save up to $971/yr on car insurance rates in Lovington.

Car Insurance Rates with An Accident in Lovington

Both accidents and the resulting increase in insurance rates are often beyond our control. When you’re involved in an accident, you become riskier to insure, consequently increasing the rates. In Lovington, NM, accidents can lead to significant hikes in your premiums.

Cheapest Car Insurance Companies after an At-Fault Accident in Lovington

The cheapest car insurance companies after an at-fault accident in Lovington include Central Mutual and Central Insurance, offering $131 and $280, respectively. Farmers is an expensive provider with an average six-month premium of $2276.

Company	Avg. 6 Mo. Premium	Avg. Monthly Premium
Central Mutual	$131	$22
Central Insurance	$280	$47
Encompass	$312	$53
Kemper	$337	$58
Iowa Farm Bureau	$343	$57
USAA	$562	$95
State Farm	$785	$132
Progressive	$998	$168
Nationwide	$2058	$343
Allstate	$2214	$373
Farm Bureau	$2239	$373
Farmers	$2276	$383

Lovington Car Insurance Rates by Violation

Here is a list of driving violations that can increase your car insurance rates in Lovington NM. For example, the car insurance in Lovington after a DUI increases to $985 for a six month policy. While the rate increases by $219 for a six-month policy in the case of a speeding ticket.

Lovington auto insurance quotes by violations

Accident/Violation	Avg. 6 Mo Premium	Avg. Monthly Premium
None	$1054	$175
One Med/PIP claim	$1067	$182
Not-at-fault accident	$1097	$183
One comp claim	$1104	$188
Two Med/PIP claims	$1116	$186
Two comp claims	$1148	$195
Failure to show documents	$1160	$193
Failure to wear a seat belt	$1167	$198
Child safety restraint	$1210	$202
Driving without lights	$1210	$206
In 65 MPH zone	$1247	$208
Cell phone violation	$1254	$213
Texting while driving	$1254	$209
At-fault accident - less than $1000	$1260	$214
Driving with expired registration	$1260	$210
Speeding 11 - 15 MPH over limit	$1273	$216
Speeding 16 - 20 MPH over limit	$1273	$212
Speeding 6 - 10 MPH over limit	$1273	$216
Driving too slowly	$1279	$213
Failure to stop at a red light	$1279	$217
Failure to yield	$1279	$213
Following too closely	$1279	$217
Illegal turn	$1279	$213
Improper passing	$1279	$217
Speeding in school zone	$1279	$213
Wrong way/wrong lane	$1279	$217
Passing school bus	$1298	$216
Operating a vehicle without permission	$1316	$224
Speeding 21 - 25 MPH over limit	$1316	$219
Open container	$1466	$249
At-fault accident - $1000-$2000	$1491	$249
At-fault accident - greater than $2000	$1504	$255
Reckless driving	$1952	$326
Driving with a suspended license	$1958	$333
Refusal to submit to a chemical test	$1983	$331
DUI	$2039	$347
Racing	$2083	$348
Leaving scene of an accident/hit and run	$2096	$356

Your Wallet Deserves Better. Seriously.

Get smarter car insurance rates in minutes today!

Way Tip

Avoid Having A DUI On Your Driving Record.

A DUI can increase your car insurance rates—by $5,000 to $10,000 over five years. Speeding, reckless driving, and at-fault accidents also raise rates, staying on your record for 3–5 years, while DUIs/DWIs can impact you longer.

Car Insurance Rates in Lovington after a DUI

There may have been times when you drank but chose not to drive—a smart and responsible decision, as most states treat DUIs as a serious offense. Your car insurance rates can double after a DUI charge, making it harder to find affordable coverage in Lovington.

The cheapest car insurance premiums in Lovington are offered by Kemper at $337 for a six-month policy. However, it can be as expensive as $2957 with companies like Farm Bureau.

Lovington car insurance quotes with a DUI

Company	Avg. 6 Mo. Premium	Avg. Monthly Premium
Kemper	$337	$57
Central Insurance	$412	$70
USAA	$891	$150
State Farm	$954	$161
Progressive	$967	$163
Nationwide	$1347	$229
Farmers	$1404	$236
Allstate	$1803	$303
Farm Bureau	$2957	$492

Cheapest car insurance after a speeding ticket

One of the easiest ways to save money on car insurance is to stay within the speed limit. After a speeding violation, the cheapest car insurance premiums in Lovington are offered by Iowa Farm Bureau at $256. However, it can be as expensive as $3081 with companies like Farmers for a similar six-month premium.

Cheapest Car Insurance in Lovington after Speeding ticket

Company	Avg. 6 Mo. Premium	Avg. Monthly Premium
Iowa Farm Bureau	$256	$43
State Farm	$649	$109
USAA	$649	$110
Progressive	$1229	$207
Farm Bureau	$1734	$295
Allstate	$3081	$513
Farmers	$3081	$524

Car Insurance Price Trends in Lovington, New Mexico

Car insurance rates in Lovington have fluctuated due to factors such as state regulations, inflation, and changing driving habits.

The average cost of full coverage in the Lovington rose by $232 in January compared to $203 of December. In other words, there has been an increase by $29 when you compare January and December.

The average cost of liability insurance in the Lovington rose to $53 in January, compared to $48 in December. This represents an increase of $5 when comparing January and December.

Our Insurance Agent Experts

Wilson Mathew Nechikat

Principal

View Profile

Anthony Luu

Senior Director of Insurance Operations

View Profile

Ezra Peterson

Senior Director of Insurance

View Profile

Danny Herrera

Head of Commercial Insurance

View Profile

Frequently Asked Questions

How much is car insurance in Lovington?

The car insurance in Lovington is $22 per month, which is lower than the national average.

What is the cheapest car insurance in Lovington?

The cheapest car insurance in Lovington is $127 per month for full coverage.

How much is car insurance in Lovington for teenagers?

Car insurance for teenagers costs $193 per 6 months. The rates for teen drivers are higher due to their lack of experience as drivers.

What's the average cost of car insurance in Lovington?

The average cost of car insurance is $1059 for a six-month policy. It will cost around $187 per month to insure your car in Lovington.

Is car insurance expensive in Lovington?

Car insurance can be expensive in Lovington if your rating factors are not favorable. However, with a clean driving record and good credit score, car insurance rates in Lovington can be affordable.

What is the best car insurance in Lovington, NM?

The best car insurance company in Lovington NM is USAA, offering $755 for a six-month policy.