Hobbs, NM, Cheapest Cars to Insure – 2025 Rates and Rankings

To find the best price on car insurance in Hobbs, NM, it is important to know which cars qualify for the cheapest rates.

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  • Compact models like the Buick Envision, Nissan Kicks, and Subaru Crosstrek will have the cheapest auto insurance.
  • Average car insurance cost in Hobbs is $2,254 per year, or about $188 per month.
  • Car insurance rates for a few popular models include the Nissan Rogue at $169 per month, Mazda CX-5 at $154, and Subaru Outback at $160.
  • Auto insurance quotes can vary from as low as $37 per month for just liability insurance to over $662 per month for teenagers and other high-risk drivers.
  • Hobbs auto insurance averages $90 per year more than the New Mexico state average cost and $33 per year more than the United States national average.

Which vehicles have cheap insurance in Hobbs?

The vehicles with the cheapest insurance prices in Hobbs, NM, tend to be crossovers and compact SUVs like the Kia Soul, Chevrolet Trailblazer, and Toyota Corolla Cross.

Average auto insurance rates for models ranked in the top 10 cost $1,846 or less per year to get full coverage.

A few other models that rank very well in the cost comparison table are the Ford Bronco Sport, Buick Envista, Acura RDX, and Subaru Outback. Insurance rates are slightly more for those models than the cheapest small SUVs that rank near the top, but they still have average rates of $1,962 or less per year ($164 per month).

The next table ranks the top 40 cheapest vehicles to insure in Hobbs, sorted by annual and monthly insurance cost.

Cheapest Auto Insurance Rates in Hobbs, New Mexico
Rank Make/Model Annual Premium Cost Per Month
1Subaru Crosstrek$1,668$139
2Chevrolet Trailblazer$1,694$141
3Kia Soul$1,760$147
4Nissan Kicks$1,776$148
5Honda Passport$1,796$150
6Buick Envision$1,808$151
7Toyota Corolla Cross$1,818$152
8Hyundai Venue$1,834$153
9Mazda CX-5$1,842$154
10Ford Bronco Sport$1,846$154
11Volkswagen Tiguan$1,868$156
12Acura RDX$1,888$157
13Nissan Murano$1,894$158
14Buick Encore$1,914$160
15Honda CR-V$1,922$160
16Subaru Outback$1,924$160
17Buick Envista$1,926$161
18Volkswagen Taos$1,930$161
19Kia Niro$1,940$162
20Toyota GR Corolla$1,960$163
21Honda HR-V$1,962$164
22Subaru Ascent$1,962$164
23Nissan Leaf$1,974$165
24Chevrolet Colorado$1,986$166
25Honda Civic$1,994$166
26Lexus NX 250$1,998$167
27Volkswagen Atlas$2,000$167
28Acura Integra$2,004$167
29Subaru Forester$2,008$167
30Kia Seltos$2,012$168
31Volkswagen Atlas Cross Sport$2,012$168
32GMC Terrain$2,018$168
33Nissan Rogue$2,026$169
34Hyundai Kona$2,030$169
35Mazda CX-30$2,034$170
36Cadillac XT4$2,036$170
37Volkswagen ID4$2,044$170
38Ford Explorer$2,046$171
39Toyota Highlander$2,050$171
40Ford Escape$2,056$171

Data Methodology: Rated driver is a 40-year-old married male with no driving violations or at-fault accidents in the prior three years. Uninsured Motorist (UM), Underinsured Motorist (UIM) and medical payments coverages are included. Premium is averaged for all trim levels available for each vehicle and also for all Hobbs, NM Zip Codes. Updated June 27, 2025

Top 40 cheapest vehicles to insure in Hobbs, NM with the Subaru Crosstrek ranking first at $1,668 per year
Top 40 cheapest vehicles to insure in Hobbs, NM with the Subaru Crosstrek ranking first at $1,668 per year

A few additional vehicles worth noting that made the top 40 above include the Nissan Leaf, the Subaru Ascent, the GMC Terrain, the Acura Integra, and the Hyundai Kona. Average auto insurance rates for those models cost between $1,962 and $2,056 per year.

In comparison to the cheapest rates, some models that cost much more to insure include the Jeep Grand Wagoneer at $2,620 per year, the Chevrolet Camaro that averages $2,932, and the Tesla Model X at $2,834.

How much does car insurance cost in Hobbs?

In Hobbs, the average cost of car insurance is $2,254 per year, which is 1.5% more than the U.S. overall average rate of $2,221. Per month, Hobbs drivers can expect to pay an average of $188 for a policy that provides full coverage.

In the state of New Mexico, the average car insurance expense is $2,164 per year, so the cost in Hobbs averages $90 more per year.

When compared to other cities in New Mexico, the average cost of car insurance in Hobbs is $146 per year cheaper than in Albuquerque, $192 per year more expensive than in Farmington, and $38 per year more expensive than in Santa Fe.

The age of the rated driver is one of the biggest determining factors on the price of auto insurance, so the list below illustrates this by showing the difference in average car insurance rates in Hobbs for drivers from 16 to 60.

Hobbs car insurance cost for drivers age 16 to 60

  • 16 year old – $8,033 per year or $669 per month
  • 17 year old – $7,784 per year or $649 per month
  • 18 year old – $6,975 per year or $581 per month
  • 19 year old – $6,351 per year or $529 per month
  • 20 year old – $4,538 per year or $378 per month
  • 30 year old – $2,406 per year or $201 per month
  • 40 year old – $2,254 per year or $188 per month
  • 50 year old – $1,998 per year or $167 per month
  • 60 year old – $1,872 per year or $156 per month

The chart below shows examples of average Hobbs car insurance cost. Rates are averaged for all Hobbs Zip Codes and shown for a range of driver ages, physical damage coverage deductibles, and driver risk profiles.

Average car insurance rates in Hobbs for different driver ages and risk scenarios.
Figure 1: Average car insurance rates in Hobbs for different driver ages and risk scenarios. Rates updated on June 27, 2025.

Get Rates in Your AreaWhy is this important?

Data Methodology: Average rates are for the 2024 model year with safe driver and claim-free discounts applied to qualifying risk profiles. Discount Rate includes all possible rate discounts including multi-vehicle, multi-policy, homeowner, and others which vary by company. Comprehensive and collision deductibles are $500 except for low and high deductible estimates which are $100 and $1,000, respectively. Average car insurance cost in Hobbs includes all Zip Codes and vehicle trim levels.

2024 Average Car Insurance Cost in Hobbs, NM
Driver Risk Profile Annual Premium Cost Per Month
High Risk Driver Age 30$5,188$432
Safe Driver Age 20$4,538$378
At-fault Accidents Age 40$3,194$266
Low Deductibles Age 40$2,952$246
Safe Driver Age 30$2,406$201
Safe Driver Age 40$2,254$188
Safe Driver Age 50$1,998$167
High Deductibles Age 40$1,896$158
Discount Rate Age 40$1,874$156
Safe Driver Age 60$1,872$156

Data Methodology: Comprehensive and collision deductibles are $500 except for low and high deductible estimates which are $100 and $1,000, respectively. Discount Rate includes all possible rate discounts including multi-vehicle, multi-policy, homeowner, and others which vary by company. Updated June 27, 2025

In the chart above, the cost of car insurance in Hobbs ranges from $1,874 per year for a 40-year-old driver with a discount rate policy to $5,188 per year for a 30-year-old driver with a history of violations and/or at-fault accidents. From a monthly standpoint, the average cost in the chart above ranges from $156 to $432 per month.

Hobbs car insurance rates can have a wide range and seemingly inconsequential changes in personal situations can cause enormous price changes. The possibility of a wide range of rates emphasizes the need for accurate auto insurance quotes when shopping around for cheaper auto insurance.

The previous car insurance rates in this article are averaged for all 2024 vehicle models, which is useful for making big picture comparisons like the cost difference between two locations. Average auto insurance rates are great for answering questions like “is Hobbs car insurance cheaper than Rio Rancho?” or “are car insurance rates in New Mexico cheaper than in California?”.

But for more comprehensive auto insurance rate comparisons, the data will be more accurate if we instead use rates for the exact make and model of vehicle being insured. Every model has a unique risk profile for determining auto insurance prices and this data allows us to make detailed cost comparisons.

The chart below details average insurance cost in Hobbs for some of the more popular cars, trucks, and SUVs.

Average cost to insure popular 2024 model year vehicles in Hobbs.
Figure 2: Average cost to insure popular 2024 model year vehicles in Hobbs. Rates updated on June 27, 2025.

Data Methodology: Average car insurance cost is based on 2024 model year vehicles with safe driver and claim-free discounts applied. Comprehensive and collision deductibles are $500 and UM/UIM and medical payments coverages are included. Rates are averaged for all Hobbs Zip Codes.

Average Car Insurance Quotes in Hobbs, NM
Make/Model Annual Premium Cost Per Month
Subaru Crosstrek$1,668$139
Honda CR-V$1,922$160
Nissan Rogue$2,026$169
Mazda CX-30$2,034$170
Ford Escape$2,056$171
Chevrolet Equinox$2,076$173
Toyota RAV4$2,080$173
Hyundai Tucson$2,096$175
Ford Ranger$2,154$180
Kia Forte$2,202$184
Hyundai Santa Fe$2,292$191
Toyota Camry$2,424$202
Ford Mustang$2,478$207
Chevrolet Silverado$2,492$208
Ford F150$2,524$210

Data Methodology: Rated driver is a 40-year-old married male with no driving violations or at-fault accidents in the prior three years. Uninsured Motorist (UM), Underinsured Motorist (UIM) and medical payments coverages are included. Premium is averaged for all trim levels available for each vehicle for the 2024 model year and also for all Hobbs, NM Zip Codes. Updated June 27, 2025

If the list of popular models is compared to the prior list of the 40 models with the cheapest car insurance rates, the majority of popular vehicles did not rank in the top 40.

This higher cost could be due to a more expensive vehicle, like a Porsche Taycan that has an average price of $90,900 or a Lexus LX 570 with an average purchase price of $89,160, or maybe the cause is a greater likelihood of medical or liability insurance claims like a Ford Bronco or a Mazda 3.

Let’s quickly review the comparisons and concepts covered so far.

  • Hobbs car insurance rates are more expensive than the New Mexico state average – $2,254 (Hobbs average) compared to $2,164 (New Mexico average)
  • Low deductibles cost more than high deductibles – A 40-year-old driver pays an average of $730 more per year for a policy with $250 deductibles compared to $1,000 deductibles.
  • Teen girls pay less than teen males – Teen females (age 16 to 19) pay $979 to $527 less each year than male drivers of the same age.
  • Car insurance for a teenager can cost a lot – Rates range from $5,372 to $8,033 per year for teen driver car insurance in Hobbs, New Mexico.
  • Insurance rates decline substantially from age 20 to 30 – The average 30-year-old Hobbs, New Mexico, driver will pay $2,132 less per year than a 20-year-old driver, $2,406 compared to $4,538.
  • Average car insurance cost per month ranges from $156 to $669 – That’s the average car insurance cost range for drivers aged 16 to 60 in Hobbs.
  • Car insurance gets more affordable the older you are – Insurance rates for a 40-year-old driver in Hobbs are $2,284 per year cheaper than for a 20-year-old driver.

To help illustrate the extent to which the cost of car insurance can change for different drivers (and also emphasize the importance of accurate rate quotes), the charts below present a wide range of rates for four popular vehicles in Hobbs: the Ford F150, Honda CR-V, Honda Pilot, and Toyota Camry.

The example for each vehicle shows average rates for different profiles to show the possible variation with only minor changes to the policy rating factors.

Ford F150 insurance rates

Ford F150 insurance in Hobbs averages $2,524 per year, with a range of $2,120 per year on the Ford F150 XL Super Cab 4WD trim level (MSRP of $46,195) up to $2,932 per year on the Ford F150 Lightning Platinum Black Special Edition trim (MSRP of $100,090).

When Hobbs insurance rates on a Ford F150 are compared with the average cost for the entire U.S. on the same model, rates are $80 to $110 cheaper per year in Hobbs, depending on which model is insured.

As a cost per month, auto insurance rates on a 2024 Ford F150 for a good driver can range from $177 to $244 per month, depending on the company and where you live in Hobbs.

The bar chart below illustrates how the cost of car insurance for a Ford F150 can vary based on different driver ages, physical damage deductibles, and driver risk profiles. In this example, cost varies from $2,092 to $5,830 per year, which is a difference of $3,738.

Average 2024 Ford F150 insurance premiums in Hobbs for different driver ages and risk scenarios.
Figure 3: Average 2024 Ford F150 insurance premiums in Hobbs for different driver ages and risk scenarios. Rates updated on June 26, 2025.

Data Methodology: Average rates are for a 2024 model year Ford F150 with safe driver and claim-free discounts applied to qualifying risk profiles. Discount Rate includes all possible rate discounts including multi-vehicle, multi-policy, homeowner, and others which vary by company. Comprehensive and collision deductibles are $500 except for low and high deductible estimates which are $100 and $1,000, respectively. Average Ford F150 car insurance cost in Hobbs includes all Zip Codes and vehicle trim levels.

2024 Ford F150 Insurance Cost in Hobbs, NM
Driver Risk Profile Annual Premium Cost Per Month
High Risk Driver Age 30$5,830$486
Safe Driver Age 20$5,102$425
At-fault Accidents Age 40$3,582$299
Low Deductibles Age 40$3,308$276
Safe Driver Age 30$2,692$224
Safe Driver Age 40$2,524$210
Safe Driver Age 50$2,236$186
High Deductibles Age 40$2,122$177
Safe Driver Age 60$2,092$174
Discount Rate Age 40$2,092$174

Data Methodology: Comprehensive and collision deductibles are $500 except for low and high deductible estimates which are $100 and $1,000, respectively. Discount Rate includes all possible rate discounts including multi-vehicle, multi-policy, homeowner, and others which vary by company. Rates are averaged for all 2024 Ford F150 trim levels. Updated June 26, 2025

The Ford F150 is a full-size truck, and other popular models in the same segment include the Ram Truck, Chevrolet Silverado, and Toyota Tundra.

Honda CR-V insurance rates

Average Honda CR-V insurance cost in Hobbs ranges from $1,824 up to $2,028 per year. The least-expensive insurance is on the $29,500 Honda CR-V LX model, while the highest-cost model is the $39,850 Honda CR-V Sport Touring Hybrid AWD trim level.

From a monthly standpoint, full-coverage insurance for a Honda CR-V for an average middle-age driver can range from $152 to $169 per month, depending on policy limits and your Zip Code in Hobbs.

The next rate chart should be a good visualization how the cost of insurance for a Honda CR-V can range significantly based on an assortment of driver ages and policy risk profiles.

For our example, prices range from $1,598 to $4,420 per year, which is a cost difference of $2,822.

Average 2024 Honda CR-V insurance premiums in Hobbs for different driver ages and risk scenarios.
Figure 4: Average 2024 Honda CR-V insurance premiums in Hobbs for different driver ages and risk scenarios. Rates updated on June 26, 2025.

Data Methodology: Average rates are for a 2024 model year Honda CR-V with safe driver and claim-free discounts applied to qualifying risk profiles. Discount Rate includes all possible rate discounts including multi-vehicle, multi-policy, homeowner, and others which vary by company. Comprehensive and collision deductibles are $500 except for low and high deductible estimates which are $100 and $1,000, respectively. Average Honda CR-V car insurance cost in Hobbs includes all Zip Codes and vehicle trim levels.

2024 Honda CR-V Insurance Cost in Hobbs, NM
Driver Risk Profile Annual Premium Cost Per Month
High Risk Driver Age 30$4,420$368
Safe Driver Age 20$3,866$322
At-fault Accidents Age 40$2,722$227
Low Deductibles Age 40$2,506$209
Safe Driver Age 30$2,052$171
Safe Driver Age 40$1,922$160
Safe Driver Age 50$1,706$142
High Deductibles Age 40$1,620$135
Safe Driver Age 60$1,598$133
Discount Rate Age 40$1,598$133

Data Methodology: Comprehensive and collision deductibles are $500 except for low and high deductible estimates which are $100 and $1,000, respectively. Discount Rate includes all possible rate discounts including multi-vehicle, multi-policy, homeowner, and others which vary by company. Rates are averaged for all 2024 Honda CR-V trim levels. Updated June 26, 2025

The Honda CR-V is part of the compact SUV segment, and other top-selling models from the same segment include the Subaru Forester, Nissan Rogue, and Chevrolet Equinox.

Honda Pilot insurance rates

Honda Pilot insurance in Hobbs averages $2,194 per year, ranging from $2,050 per year for the Honda Pilot LX trim level up to $2,330 per year on the Honda Pilot Elite AWD trim level.

When Hobbs car insurance quotes for a Honda Pilot are compared to the national average cost on the same model, the cost is $82 to $92 cheaper per year in Hobbs, depending on which model is insured.

As a cost per month, auto insurance on a Honda Pilot for a middle-age safe driver can cost from $171 to $194 per month, depending on various factors including your address in Hobbs.

The rate chart below illustrates how insurance quotes for a Honda Pilot can vary for different driver ages and policy risk profiles.

Average 2024 Honda Pilot insurance premiums in Hobbs for different driver ages and risk scenarios.
Figure 5: Average 2024 Honda Pilot insurance premiums in Hobbs for different driver ages and risk scenarios. Rates updated on June 27, 2025.

Data Methodology: Average rates are for a 2024 model year Honda Pilot with safe driver and claim-free discounts applied to qualifying risk profiles. Discount Rate includes all possible rate discounts including multi-vehicle, multi-policy, homeowner, and others which vary by company. Comprehensive and collision deductibles are $500 except for low and high deductible estimates which are $100 and $1,000, respectively. Average Honda Pilot car insurance cost in Hobbs includes all Zip Codes and vehicle trim levels.

2024 Honda Pilot Insurance Cost in Hobbs, NM
Driver Risk Profile Annual Premium Cost Per Month
High Risk Driver Age 30$5,078$423
Safe Driver Age 20$4,452$371
At-fault Accidents Age 40$3,110$259
Low Deductibles Age 40$2,904$242
Safe Driver Age 30$2,348$196
Safe Driver Age 40$2,194$183
Safe Driver Age 50$1,940$162
High Deductibles Age 40$1,832$153
Discount Rate Age 40$1,822$152
Safe Driver Age 60$1,818$152

Data Methodology: Comprehensive and collision deductibles are $500 except for low and high deductible estimates which are $100 and $1,000, respectively. Discount Rate includes all possible rate discounts including multi-vehicle, multi-policy, homeowner, and others which vary by company. Rates are averaged for all 2024 Honda Pilot trim levels. Updated June 27, 2025

The Honda Pilot is classified as a midsize SUV, and other models in the same segment include the Kia Sorento, Kia Telluride, Jeep Grand Cherokee, and Ford Edge.

Toyota Camry insurance rates

With prices ranging from $26,420 to $33,120, average Hobbs car insurance quotes for a Toyota Camry range from $2,228 per year on the Toyota Camry LE model up to $2,544 per year on the Toyota Camry XSE AWD trim level.

When Hobbs auto insurance rates for a Toyota Camry are compared with the overall national average cost on the same model, rates are anywhere from $88 to $102 cheaper per year in Hobbs, depending on the model being insured.

From a cost per month standpoint, car insurance on the Toyota Camry can range from $186 to $212 per month, depending on the insurance company and where you live in Hobbs.

The chart displayed below visualizes how the price of car insurance on a Toyota Camry can be very different for different drivers, physical damage deductibles, and driver risk profiles.

Average 2024 Toyota Camry insurance premiums in Hobbs for different driver ages and risk scenarios.
Figure 6: Average 2024 Toyota Camry insurance premiums in Hobbs for different driver ages and risk scenarios. Rates updated on June 26, 2025.

Data Methodology: Average rates are for a 2024 model year Toyota Camry with safe driver and claim-free discounts applied to qualifying risk profiles. Discount Rate includes all possible rate discounts including multi-vehicle, multi-policy, homeowner, and others which vary by company. Comprehensive and collision deductibles are $500 except for low and high deductible estimates which are $100 and $1,000, respectively. Average Toyota Camry car insurance cost in Hobbs includes all Zip Codes and vehicle trim levels.

2024 Toyota Camry Insurance Cost in Hobbs, NM
Driver Risk Profile Annual Premium Cost Per Month
High Risk Driver Age 30$5,572$464
Safe Driver Age 20$4,882$407
At-fault Accidents Age 40$3,416$285
Low Deductibles Age 40$3,220$268
Safe Driver Age 30$2,590$216
Safe Driver Age 40$2,424$202
Safe Driver Age 50$2,138$178
High Deductibles Age 40$2,016$168
Discount Rate Age 40$2,014$168
Safe Driver Age 60$2,004$167

Data Methodology: Comprehensive and collision deductibles are $500 except for low and high deductible estimates which are $100 and $1,000, respectively. Discount Rate includes all possible rate discounts including multi-vehicle, multi-policy, homeowner, and others which vary by company. Rates are averaged for all 2024 Toyota Camry trim levels. Updated June 26, 2025

The Toyota Camry is a midsize car, and other models popular in Hobbs include the Chevrolet Malibu, Kia K5, Nissan Altima, and Hyundai Sonata.

Eight ways to save on auto insurance

Hobbs drivers are always looking to reduce the monthly expense for car insurance, so scan the money-saving tips below and maybe you’ll find a way to save some money the next time you buy a policy.

  1. Compare insurance cost before buying a car. Different cars, trucks, and SUVs have significantly different auto insurance rates, and companies can charge a wide range of prices. Get quotes before you buy a new vehicle in order to avoid any surprises when buying insurance.
  2. Avoid driving violations to reduce rates. In order to get the cheapest auto insurance in Hobbs, it pays off to be a safe driver. As few as two traffic tickets can potentially raise auto insurance rates as much as $602 per year. Being convicted of a major violation like DWI/DUI and reckless driving could raise rates by an additional $2,098 or more.
  3. If your vehicle is older, remove optional coverages. Deleting comprehensive and collision coverage from older vehicles that are not worth a lot can cheapen the cost to insure considerably.
  4. Being a good driver saves money. Too many at-fault accidents will increase rates, possibly as much as $1,090 per year for a 30-year-old driver and even $684 per year for a 50-year-old driver. So be a cautious driver and save.
  5. Remain claim free and save. Insurance companies give a discounted rate for not having any claims. Auto insurance should be used in the case of significant claims, not small claims.
  6. A good credit rating can save money. Having a high credit score of 800+ could save as much as $354 per year when compared to a decent credit rating of 670-739. Conversely, an imperfect credit score below 579 could cost as much as $410 more per year. Not all states use credit score as a rating factor, so check with your agent or company.
  7. Raising deductibles makes insurance more affordable. Boosting your physical damage deductibles from $500 to $1,000 could save around $374 per year for a 40-year-old driver and $724 per year for a 20-year-old driver.
  8. Shop around. There are lots of options for coverage in Hobbs, so don’t settle for the first quote you get. Ideally, drivers get quotes from several captive agencies like State Farm and Allstate, as well as multiple quotes from independent agents which can price your insurance with multiple companies.