New Mexico Auto Insurance
The state of New Mexico truly is the Land of Enchantment, with its diverse landscapes and equally diverse people. Whether driving to Roswell to look for UFO's, heading into the New Mexico Gila National Forest for some camping, or just driving to work, you're going to need auto insurance in New Mexico. We can assist you in finding the best coverage at the lowest rate in New Mexico.
Submit your request today. It's fast, free, and simple!
New Mexico auto insurance basics
What should you know about the basic requirements of New Mexico auto insurance? We can help you answer that question. Here are a few major ones below:
- The state of New Mexico follows a Tort system when it comes to automobile accidents. This means that someone must be found to be at fault for causing an accident, and that person and their insurance company is responsible for all damages resulting from that accident.
- Under New Mexico law, you're required to have Bodily Injury Liability coverage of at least $25,000 per injured person up to $50,000 per accident, as well as Property Damage Liability in the amount of at least $10,000.
- While not required by state law in New Mexico, you may still wish to add uninsured/underinsured motorist coverage to your policy. After all, New Mexico had the highest uninsured rate in the nation as of 2007. Almost one in every three drivers (29%) doesn't have insurance!
New Mexico car insurance premiums
The average auto insurance premium for New Mexico residents is $1,863, which is slightly above the national average of $1,766. Drivers in New Mexico also saw an increase of approximately 9% in their car insurance premiums over last year.
We can help you find the most competitive rates and the best coverage on your New Mexico auto insurance to protect you and your family. Getting a quote is easy, and you can compare rates to make sure you are getting the best deal that meets all your New Mexico car insurance needs. Request your quote right here, all within a few minutes!