Albuquerque, NM (KKOB) — Insurance premiums in New Mexico have increased 34% in a year. Bob Passmore, the department vice president of personal lines at the American Property Casualty Insurance Association says, factors like riskier driving behavior, such as speeding, distracted driving and impaired driving, serve to increase injury and collision claims costs. Insurance companies take into account the general safety of the area in which a driver resides with the automobile. According to the National Insurance Crime Bureau, our metropolitan statistical area ranks sixth worst in the nation. Which takes into account car thefts and car crashes. Albuquerque and Rio Rancho have the state’s highest current average auto insurance rates.
