While Rio Rancho is currently the third-largest city in New Mexico, at the rate its population is growing that might change in the coming years! While it has largely been a bedroom community for nearby Albuquerque, the city is attracting a lot of new business development, including a new downtown and arena. This means that insurance companies are keeping a close watch on the city. As demographic and population data changes so too do the accident and crime rates. Insurance companies use this information when calculating the rates for your city, so if you have seen your price fluctuate, it’s probably due to the city’s quick growth. Still, New Mexico has plenty of companies competing for your business so take a few minutes to explore the many options for cheap insurance Rio Rancho can offer.
Some Facts About Rio Rancho:
Because the city has only one zip code currently, your rates won’t be affected by your neighborhood. In cities with more than one zip code, differences in population density, traffic accidents, and crime can play a part so different neighborhoods will have different base rates.
There were only around 150 cars stolen in 2012, which is a great rate for a city of Rio Rancho’s size. The general property crime index is also around 15 points lower than the national average.
Intel is the largest employer in the city which means a lot of residents will qualify for the Highly-educated or Highly-skilled Worker discounts.
How Can We Help You?
Our Customer Service Department is available to answer question you may have about your policy. For California residents, please call (800) 486-1866. Our team of highly trained professionals are available from 9:00 AM to 4:00 PM, Monday through Friday.