New Mexico Car Insurance - Auto Insurance Quote in NM
You can get top-rated auto coverage with CarInsurance.com as you motor through New Mexico, a state known for having several scenic highways, including Route 66 as it continues east to Missouri and Illinois.
| Current average car insurance premium in New Mexico | $1,386.82 |
| Current average car insurance premium U.S. | $1,602.16 |
| Albuquerque | $1,815.89 |
| Las Cruces | $1,433.73 |
| Check out our car insurance rates in more New Mexico cities | |
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In New Mexico, drivers in the major cities like Albuquerque, population 541,000-plus, typically see rates above the national averages, but those in rural areas are well below. Another useful feature on this website allows motorists in New Mexico see how rates are trending throughout the state. Just click on CarInsurance.com's Average Premium Trend Tool and check out monthly trends.
At CarInsurance.com, we have many of the major carriers at the ready to assist New Mexico motorists with their coverage. They can provide quotes and answer questions, either about the legal minimum requirements for driving in the state or what discounts and deductibles are available.
New Mexico state law requires minimum Bodily Injury Liability limits of $25,000 per injured person up to a total of $50,000 per accident, and Property Damage Liability coverage with a minimum limit of $10,000. This basic coverage is often referred to as 25/50/10 coverage.
Minimum Required Insurance Coverage in New Mexico
Bodily Injury Liability: $25,000/$50,000 Limit
Property Damage Liability: $10,000 Limit
The state of New Mexico follows a Tort system, meaning someone must be found to be at fault for causing the accident, and that person and their insurance company is responsible for all the damages. You should be aware that the details of a tort system vary from state to state.
You can get Uninsured/Underinsured Motorist Bodily Injury coverage to cover bodily injury caused by an uninsured and/or underinsured driver (depending on the state). New Mexico does not require drivers to purchase this coverage, but you should consider purchasing this valuable coverage.
The initial option available at CarInsurance.com is the Minimum State Required package - it will make sure you're driving legally in New Mexico. But you can customize your coverage any way you want. Our licensed agents can help.
By exploring this site, you may be pleasantly surprised by what the various insurance companies are offering. Just compare the rates and specific coverage that makes up each policy. CarInsurance.com simplifies the process: Start with a quote by entering your ZIP code in a quote box or go to the auto insurance quote link.
If New Mexico’s criminals like your car, you’ll pay more for car insurance. Here are car thieves’ current favorites in New Mexico:
