- Cheap New Mexico Car Insurance
- Cheap New Mexico Car Insurance: Is New Mexico an at Fault State?
- How much is car insurance in New Mexico per month?
- New Mexico Liability Insurance Requirements
- Liability Insurance New Mexico: Coverages
- All Coverages Explained
- Cost for Liability only in New Mexico (by city)
- Cheap New Mexico Car Insurance: Liability
- Cheap New Mexico Car Insurance: Full Coverage
- New Mexico Auto Insurance Estimator
- Should I upgrade to full coverage in New Mexico (by city)
- New Mexico Full Coverage Calculator
- Who has the lowest liability price in New Mexico (by city)
- How Do I get Cheap New Mexico Car Insurance? Discounts
- Q1: What factors affect the cost of car insurance in New Mexico?
- Q2: How can I find cheap car insurance in New Mexico?
- Q3: What are some tips to reduce car insurance costs in New Mexico?
- What We Do at A Plus Insurance
- OTHER HELPFUL LINKS: SUGGESTIONS
- Cheap New Mexico Car Insurance Article
Cheap New Mexico Car Insurance: Is New Mexico an at Fault State?
New Mexico is a fault state, meaning it uses a tort-based system. The party responsible for the wrong-doing that caused the car accident will be financially liable to all victims involved. You will need to open a claim with the at-fault person’s insurance company to pursue damage recovery.
- $25,000 in bodily injury insurance per person
- $50,000 in bodily injury insurance per accident
- $10,000 in property damage insurance
How much is car insurance in New Mexico per month?
The cost of car insurance in New Mexico can vary depending on factors such as age, driving record, and coverage needs. On average, drivers in New Mexico pay around $100 to $200 per month for car insurance. However, rates can be lower for drivers with clean driving records or who qualify for discounts such as multi-policy or good driver discounts. To find the most affordable car insurance in New Mexico, it’s essential to compare quotes from multiple insurance carriers and consider factors like coverage limits and deductibles.
- Factors influencing car insurance rates in New Mexico:
- Age
- Driving record
- Coverage needs
- Discounts eligibility
Comparison of Car Insurance Rates in New Mexico:
| Insurance Company | Average Monthly Premium |
|---|---|
| Progressive | $110 |
| Dairyland | $120 |
| National General | $130 |
| Assurance America | $140 |
| Bristol West | $150 |
By exploring your options and taking advantage of available discounts, you can find cheap car insurance in New Mexico that meets your needs and budget.
New Mexico Liability Insurance Requirements
In New Mexico liability insurance is the only insurance that is required. However, you have the open option to decide if you are wanting to add additional insurance. If you read below, you can get a better understanding of estimated offers and using your personal information you can see a more accurate price range.
Liability Insurance New Mexico: Coverages
All Coverages Explained
Liability Insurance: means “responsibility” liability helps payout when you are responsible for any accident. (required)
Collison Insurance: when there is a collision with another vehicle, there is property damage regardless of whose fault it is. (not required)
Personal Injury Protection: this coverage is to help with any expenses that make the individual responsible for their own injuries in an accident regardless of fault. (not required)
Uninsured and Underinsured Motorist: uninsured is when someone is found at fault for an accident but doesn’t carry liability. Underinsured is when someone is found at fault but their limits are too low for the medical expense.(not required)
Comprehensive Insurance: can help pay the costs of damage to your car for non-collision related claims, can be road damage, hail, rock, etc. (not required)
Medical Payments Insurance: this coverage will help if any medical bills needed to be paid due to an accident. (not required)
Cost for Liability only in New Mexico (by city)
| City | Price |
|---|---|
| Placitas CDP | $108.00 |
| West Hammond | $87.00 |
| Lee Acres | $95.00 |
| North Valley | $86.00 |
| Peralta | $106.00 |
| Taos | $110.00 |
| Bosque Farms | $98.00 |
| Carlsbad | $90.00 |
| University Park | $99.00 |
| Portales | $94.00 |
| Bayard | $106.00 |
| North Hobbs | $109.00 |
| Lordsburg | $96.00 |
| Santa Fe | $104.00 |
| Rio Communities | $94.00 |
| Clayton | $110.00 |
| Farmington | $108.00 |
| Eldorado at Santa Fe | $89.00 |
| Clovis | $101.00 |
| Agua Fria | $95.00 |
| Ruidoso Downs | $92.00 |
| Roswell | $99.00 |
| Shiprock | $92.00 |
| Ruidoso | $105.00 |
| Sunland Park | $100.00 |
| Chaparral | $108.00 |
| Deming | $107.00 |
| Albuquerque | $97.00 |
| Crownpoint | $105.00 |
| Tularosa | $86.00 |
| Los Chaves | $92.00 |
| Paradise Hills | $101.00 |
| Aztec | $91.00 |
| Rio Rancho | $104.00 |
| Cannon AFB | $95.00 |
| Alamogordo | $107.00 |
| Chimayo | $98.00 |
| Anthony | $106.00 |
| Las Vegas | $93.00 |
| Gallup | $101.00 |
| La Cienega | $89.00 |
| El Cerro | $87.00 |
| Sandia Heights | $93.00 |
| Los Ranchos de Albuquerque | $95.00 |
| Los Lunas | $104.00 |
| Lovington | $94.00 |
| Truth or Consequences | $109.00 |
| Socorro | $110.00 |
| South Valley | $89.00 |
| Las Cruces | $88.00 |
Cheap New Mexico Car Insurance: Liability
These Carriers listed are the average prices they offer in New Mexico for liability only. Take a look at what could possibly be expected in a rough estimate of these carriers in New Mexico.
| Carrier | Average Prices |
|---|---|
| Mendota | $86 |
| progressive | $93 |
| Assurance America | $102 |
| The General | $103 |
| National General | $104 |
| Acceptance RTR | $105 |
| Dairyland | $116 |
| USAA | $119 |
| State Farm | $121 |
| Bristol West | $122 |
| Safeco | $125 |
| Farmers | $140 |
| Geico | $140 |
| All state | $142 |
| 21 Centry | $144 |
| Travelers | $146 |
| Liberty Mutual | $154 |
| American Family | $159 |
| Nationwide | $159 |
| Gainsco | $176 |
| State Auto | $177 |
Liability
Cheap New Mexico Car Insurance: Full Coverage
The carriers also listed are their estimated offer prices for Full coverage insurance which is a liability with additional insurance.
| Carrier | Price |
|---|---|
| Progressive | $135 |
| American Family | $141 |
| All State | $145 |
| National General | $146 |
| USAA | $147 |
| Assurance America | $163 |
| Bristol West | $166 |
| The General | $169 |
| Travelers | $170 |
| Gainsco | $171 |
| 21 Centry | $173 |
| Nationwide | $173 |
| Geico | $175 |
| Farmers | $176 |
| State Farm | $176 |
| Safeco | $177 |
| Acceptance RTR | $185 |
| Dairyland | $185 |
| Mendota | $185 |
| Liberty Mutual | $206 |
| State Auto | $209 |
Full coverage
New Mexico Auto Insurance Estimator
The prices listed above are accurate rates that is expected in New Mexico. The insurance cost estimator can give you a more accurate rate depending on your more detailed personal information.
Should I upgrade to full coverage in New Mexico (by city)
| City | Average Price |
|---|---|
| Socorro | $152 |
| Farmington | $171 |
| University Park | $165 |
| Gallup | $177 |
| Deming | $161 |
| Ruidoso Downs | $172 |
| Truth or Consequences | $175 |
| Silver City | $167 |
| Los Alamos | $147 |
| Anthony | $180 |
| Grants | $159 |
| Holloman AFB | $176 |
| Lordsburg | $147 |
| Lovington | $152 |
| Paradise Hills | $182 |
| Artesia | $177 |
| North Hobbs | $149 |
| Rio Communities | $177 |
| Milan | $146 |
| Bloomfield | $157 |
| Alamogordo | $182 |
| Española | $159 |
| Agua Fria | $158 |
| Sunland Park | $154 |
| Albuquerque | $164 |
| Tularosa | $163 |
| Portales | $160 |
| Ruidoso | $152 |
| Eunice | $157 |
| Sandia Heights | $165 |
| Dulce | $166 |
| Chimayo | $175 |
| South Valley | $158 |
| Placitas CDP | $173 |
| Los Lunas | $174 |
| Edgewood | $161 |
| Zuni Pueblo | $165 |
| El Cerro | $176 |
| Las Cruces | $163 |
| Hobbs | $159 |
| Santa Teresa | $162 |
| White Rock | $182 |
| Belen | $167 |
| Cannon AFB | $173 |
| Rio Rancho | $153 |
| Corrales | $163 |
| El Cerro Mission | $162 |
| Bayard | $176 |
| Peralta | $161 |
| Bosque Farms | $150 |
| Los Chaves | $181 |
| Crownpoint | $160 |
| Chaparral | $163 |
| Santa Rosa | $146 |
| Carlsbad | $174 |
| Aztec | $166 |
| Vado | $166 |
| Los Ranchos de Albuquerque | $154 |
| Clayton | $178 |
New Mexico Full Coverage Calculator
Deciding which coverage best fit you can be a bit challenging, to help the debating between if you may or may not end up getting full coverage the calculator can help suggest that decision.
Who has the lowest liability price in New Mexico (by city)
| City | Average Price |
|---|---|
| North Valley | The General |
| Shiprock | Bristol West |
| Eldorado at Santa Fe | Progressive |
| Peralta | Geico |
| Aztec | National General |
| Carlsbad | Bristol West |
| Hobbs | Progressive |
| Gallup | Progressive |
| Santa Fe | Geico |
| Grants | Dairyland* |
| Clovis | The General |
| Lovington | Bristol West |
| Los Alamos | Geico |
| Bloomfield | Geico |
| Santa Rosa | Progressive |
| Raton | Progressive |
| University Park | Farmers |
| Corrales | Farmers |
| Rio Communities | Progressive |
| Tucumcari | Progressive |
| Holloman AFB | Progressive |
| Socorro | Geico |
| Tularosa | Progressive |
| Farmington | National General |
| Los Chaves | Liberty Mutual |
| Agua Fria | Bristol West |
| Bernalillo | Progressive |
| Crownpoint | Geico |
| Anthony | Progressive |
| Cannon AFB | Progressive |
| White Rock | Progressive |
| La Mesilla | Dairyland* |
| Placitas CDP | Geico |
| Rio Rancho | Progressive |
| Roswell | Progressive |
| Meadow Lake | Liberty Mutual |
| Los Ranchos de Albuquerque | Geico |
| Los Lunas | Progressive |
| Clayton | Bristol West |
| Bosque Farms | The General |
| Ruidoso | Progressive |
| Taos | The General |
| El Cerro Mission | Progressive |
| Belen | Progressive |
| Eunice | The General |
| Deming | Progressive |
| Lordsburg | Dairyland* |
| Alamogordo | Progressive |
| Artesia | Liberty Mutual |
| North Hobbs | Progressive |
| Dulce | Farmers |
| Silver City | Liberty Mutual |
| Edgewood | The General |
How Do I get Cheap New Mexico Car Insurance? Discounts
By getting insurance through a carrier, you are able to see if you can be suitable for discounts by taking this calculator to help decipher.
Q1: What factors affect the cost of car insurance in New Mexico?
Several factors affect the cost of car insurance in New Mexico, including driving history, age, location, type of vehicle, coverage selected, and credit score.
Q2: How can I find cheap car insurance in New Mexico?
To find cheap car insurance in New Mexico, compare quotes from different insurers, inquire about available discounts, consider bundling policies, and maintain a clean driving record. Call us at 1.888.445.2793 for personalized assistance.
Q3: What are some tips to reduce car insurance costs in New Mexico?
Some tips to reduce car insurance costs in New Mexico include maintaining a good driving record, opting for higher deductibles, taking advantage of available discounts, and avoiding unnecessary coverage.
What We Do at A Plus Insurance
Homeowners, renters, and mobile home owners: make sure you have the protection you need.
OTHER HELPFUL LINKS: SUGGESTIONS
| Additional New Mexico Insurance |
|---|
| Full Coverage Insurance | New Mexico |
| Motorcycle Insurance | New Mexico |
| Homeowner’s Insurance | New Mexico |
| Broadform / Non-Owners Insurance | New Mexico |
Last Updated on by Marlon Moss