Coverage Options

Both GEICO and Progressive offer standard auto insurance coverage required in New Mexico, including:
✔ Liability coverage (bodily injury and property damage)
✔ Collision and comprehensive coverage
✔ Uninsured/underinsured motorist protection (important in New Mexico due to a high rate of uninsured drivers)
✔ Medical Payments (MedPay) coverage

However, each insurer offers additional options that set them apart:

• Progressive offers gap insurance, which helps cover the difference between what you owe on your car and its actual value if it’s totaled—great for financed or leased vehicles.
• GEICO provides Mechanical Breakdown Insurance (MBI), which is a cost-effective alternative to extended warranties, covering major repairs for newer cars.
• Progressive includes custom parts and equipment coverage, ideal for New Mexico drivers who modify their vehicles.
• GEICO offers rideshare insurance, which is essential for Uber and Lyft drivers in Albuquerque and other cities.

If you lease or finance a vehicle, Progressive’s gap insurance could be essential. If you drive for a rideshare company or own a newer car, GEICO’s rideshare coverage and MBI may be more beneficial.

Pricing and Discounts

New Mexico’s insurance rates vary widely based on location, driving history, and coverage level.

• GEICO generally offers lower rates for:
  ✔ Good drivers with clean records
  ✔ Military members and government employees
  ✔ Multi-policy holders bundling home or renters insurance
• Progressive may offer better pricing for:
  ✔ High-risk drivers (those with past accidents or violations)
  ✔ Drivers using the Snapshot® program, which tracks driving habits and rewards safe behavior
  ✔ Multi-car or multi-policy customers

For low-risk drivers, GEICO typically provides lower base rates. However, if you have accidents on your record or want to take advantage of usage-based discounts, Progressive could be a better fit.

Claims Process

Both GEICO and Progressive provide 24/7 claims filing through their mobile apps, websites, and customer service lines.

• GEICO is known for fast claims resolution, especially for minor accidents and digital claims.
• Progressive handles complex claims efficiently, such as multi-vehicle accidents or high-cost repairs.
• Progressive’s Name Your Price® tool allows drivers to customize coverage based on budget.

If you prioritize a fast and easy claims process, GEICO is a great option. If you need more flexibility and a robust claims system, Progressive might be the better fit.

Customer Service

Both insurers offer strong customer service, but they take different approaches:

✔ GEICO operates as a digital-first company, meaning most policy management, claims filing, and payments happen through their mobile app and website.
✔ **Progressive provides a mix of digital tools and independent agents, which can be beneficial for drivers who prefer personal interaction when managing their policies.

As an independent insurance agency, Blake Insurance Group offers personalized service to New Mexico drivers, ensuring you get the best policy at the best price.

Unique Features

Each company offers exclusive features that may appeal to different New Mexico drivers:

✔ GEICO’s Mechanical Breakdown Insurance (MBI) – A cost-effective alternative to extended warranties, ideal for drivers with newer vehicles.
✔ Progressive’s Snapshot® program – A usage-based discount program that rewards safe driving habits.
✔ Progressive’s gap insurance – Provides financial protection for leased or financed vehicles.
✔ GEICO’s rideshare insurance – A great option for Uber and Lyft drivers in New Mexico.

If you want extended repair coverage, GEICO’s MBI is an advantage. If you want to lower your rates through safe driving habits, Progressive’s Snapshot® is a great option.

Availability

Both GEICO and Progressive offer statewide coverage across New Mexico, including Albuquerque, Santa Fe, Las Cruces, Roswell, and Farmington, as well as rural areas.

• GEICO is particularly popular among military families and government employees, given its affiliation with federal programs.
• Progressive is a strong choice for high-risk drivers, those looking for telematics-based discounts, and drivers who prefer agent support.

Regardless of where you live in New Mexico, both companies provide reliable coverage options.

Reputation and Reviews

Both GEICO and Progressive have strong reputations for:
✔ Financial stability and the ability to pay out claims quickly
✔ Reliable digital platforms for managing policies
✔ Competitive pricing and discounts

However, customer experiences vary:

• GEICO is praised for affordability and fast claims processing, particularly for drivers who prefer a digital-first experience.
• Progressive is well-rated for customization options, flexibility, and willingness to cover high-risk drivers.

If you want a simple, digital-first experience with low rates, GEICO is a great fit. But if you want flexible coverage and more discount opportunities, Progressive is worth considering.

Which One is Right for You?

The best car insurance in New Mexico depends on your driving habits, budget, and coverage needs:

✔ Choose GEICO if you want affordable rates, a digital-first experience, fast claims processing, and rideshare insurance.
✔ Choose Progressive if you need customized coverage, high-risk driver policies, or discounts based on your actual driving behavior.

Still unsure? At Blake Insurance Group, we specialize in helping New Mexico drivers compare multiple options—including GEICO, Progressive, and other top insurers—to find the best policy at the best price.

📞 Contact us today for a free quote! Let’s make sure you’re getting the best coverage for your needs. 🚗💨