Motorcycle Insurance in New Mexico: The Cost for Liability Only

Liability Insurance on a motorcycle is generally very cheap for most drivers.

Of course, the cost for insurance will vary depending upon the individual and their driving history, the type of motorcycle, and the coverages desired.

If you are looking at purchasing a motorcycle over 10 years of age, most people opt for liability coverage only.

With discounts applied and a clean driving record, liability insurance is very affordable.

Check to see the average cost drivers pay for their motorcycle insurance.

Motorcycle Insurance New Mexico: Liability Only

City In New Mexico	Avg. Annual Cost
Lee Acres	$116.00
Corrales	$121.00
Las Vegas	$128.00
Edgewood	$98.00
Las Cruces	$97.00
La Cienega	$125.00
Aztec	$129.00
Grants	$97.00
Taos	$119.00
Bosque Farms	$109.00
Santa Fe	$118.00
Crownpoint	$110.00
Carlsbad	$129.00
Clovis	$123.00
Chimayo	$135.00
Los Lunas	$128.00
Artesia	$107.00
Lovington	$111.00
Bernalillo	$114.00
South Valley	$115.00
Eldorado at Santa Fe	$133.00
Los Ranchos de Albuquerque	$96.00
Española	$110.00
Vado	$114.00
Meadow Lake	$133.00
Placitas CDP	$121.00
Dulce	$100.00
Alamogordo	$103.00
Zuni Pueblo	$101.00
Ruidoso Downs	$96.00
Santa Teresa	$133.00
Albuquerque	$113.00
Agua Fria	$125.00
Los Chaves	$105.00
Farmington	$130.00
Hobbs	$99.00
Milan	$108.00
El Cerro	$108.00
Tucumcari	$116.00
North Valley	$113.00
Chaparral	$126.00
Ruidoso	$99.00
Los Alamos	$96.00
El Cerro Mission	$121.00
Belen	$130.00
Bayard	$101.00
Rio Rancho	$119.00
Deming	$96.00
Holloman AFB	$124.00
Cannon AFB	$98.00
Sandia Heights	$101.00
West Hammond	$97.00
Sunland Park	$104.00
Silver City	$123.00
Roswell	$105.00
Tularosa	$135.00
North Hobbs	$98.00
Lordsburg	$115.00
Truth or Consequences	$105.00
Portales	$130.00

Motorcycle Insurance in New Mexico: Best Full Coverage Rates

Full coverage insurance for a motorcycle is much cheaper than auto insurance, for most people.

If you have not considered carrying full coverage motorcycle insurance, you should check with your insurance agent, as it may not be much more than the cost for liability insurance.

Some Insurance companies only charge the minimum amount they can for insurance, meaning you could add full coverage onto your policy for no extra cost, or very little.

Motorcycle Insurance New Mexico: FULL COVERAGE

City in New Mexico	Avg. Annual Rate
Los Alamos	$218
La Cienega	$180
Socorro	$216
Sandia Heights	$220
Portales	$202
Los Lunas	$240
Crownpoint	$186
Bosque Farms	$188
Lordsburg	$238
Albuquerque	$176
Ruidoso	$196
Vado	$178
Santa Fe	$201
Alamogordo	$186
Zuni Pueblo	$221
Las Vegas	$198
El Cerro Mission	$187
Los Ranchos de Albuquerque	$228
Grants	$238
North Hobbs	$239
Deming	$214
Taos	$193
Clovis	$201
Bernalillo	$220
Carlsbad	$185
Las Cruces	$236
Silver City	$183
Gallup	$211
Lovington	$240
Raton	$187
South Valley	$227
Rio Communities	$178
University Park	$188
Cannon AFB	$198
Placitas CDP	$182
Bayard	$208
Milan	$219
Bloomfield	$216
Artesia	$231
El Cerro	$217
Holloman AFB	$183
Dulce	$186
Española	$230
Meadow Lake	$236
Rio Rancho	$199
Chaparral	$235
Santa Teresa	$230
Peralta	$240
Hobbs	$231
Clayton	$223
Sunland Park	$208
West Hammond	$181
Eldorado at Santa Fe	$194
Chimayo	$215
Anthony	$177
Tularosa	$194
Edgewood	$216
Shiprock	$239
Paradise Hills	$196
Corrales	$185
Tucumcari	$224
Ruidoso Downs	$187
Santa Rosa	$181
La Mesilla	$201
Belen	$238
Agua Fria	$229
Eunice	$184
Roswell	$179
Farmington	$227
North Valley	$214

MOTORCYCLE INSURANCE NEW MEXICO: STATE MINIMUM REQUIREMENTS

State	Min. Liability	PIP?
New Mexico	25/50/10	N/A

Minimum auto liability insurance amounts required in New Mexico are: $25,000 for bodily injury to or death of one person, $50,000 for bodily injury to or death of two or more persons, and. $10,000 for property damage in any one accident.

Drivers can increase the liability limit for greater coverage if desired.

Most cases, the difference in price may be a matter of a few dollars to up the liability limit and you have that much more coverage.

Not sure what liability limit is appropriate for you? Talk with a professional to get a better understanding of the importance of carrying the right limits and how they will protect you.

Aside from liability coverage, you can also choose to add additional state coverages such as Uninsured Motorist, and Medical payments.

MOTORCYCLE INSURANCE NEW MEXICO: CHEAPEST RATES BY CITY

Motorcycle Insurance in New Mexico is generally very affordable, because the cost to repair/replace a motorcycle if damaged is far less expensive than the cost of an automobile.

Prices for motorcycle insurance will vary depending upon your location and your surrounding areas. The amount of claims and accidents in an area, will determine the average cost for insurance.

If you live in a city with fewer wrecks and fewer claims, then you will pay less for motorcycle insurance. This applies to everyone in your area, not just yourself.

You can do your part by practicing safe driving habits at all times to help keep the cost for insurance low for yourself, and all other drivers. 

City in New Mexico	Insurance Company with Best Rates in City
Grants	Geico
El Cerro Mission	Progressive
Tularosa	Progressive
Cannon AFB	Dairyland
Aztec	Progressive
Silver City	Geico
Zuni Pueblo	Geico
Los Chaves	Progressive
Ruidoso	Geico
Santa Teresa	Geico
Peralta	Geico
Eunice	Dairyland
Vado	Progressive
White Rock	Farmers
Hobbs	Dairyland
Holloman AFB	Progressive
Santa Fe	Dairyland
West Hammond	Progressive
Agua Fria	Progressive
Placitas CDP	Farmers
Corrales	Progressive
Bosque Farms	Geico
Bayard	Dairyland
Sandia Heights	The General
Clovis	Geico
Edgewood	Geico
Los Alamos	Dairyland
La Cienega	Progressive
Paradise Hills	The General
Truth or Consequences	Progressive
Raton	Progressive
Roswell	The General
Sunland Park	Progressive
Farmington	Progressive
Carlsbad	Geico
Las Vegas	Progressive
Bernalillo	Progressive
Eldorado at Santa Fe	Progressive
Española	Dairyland
Milan	Geico
La Mesilla	Dairyland
Los Lunas	Geico
Albuquerque	Dairyland
Crownpoint	Geico
Alamogordo	Geico
University Park	The General
Socorro	Dairyland
Lordsburg	Dairyland
Chaparral	Progressive
Belen	Farmers
Tucumcari	The General
Dulce	Geico
Ruidoso Downs	The General
Artesia	Dairyland
Gallup	Geico
Rio Communities	Farmers
Lovington	Geico
Deming	Progressive
Taos	Progressive
Anthony	Dairyland
Meadow Lake	Geico
Bloomfield	Progressive
North Hobbs	Geico
Portales	Progressive
North Valley	Geico

Motorcycle Insurance New Mexico: We have done the work for you and found the cheapest insurance carrier in your city!

MOTORCYCLE INSURANCE NEW MEXICO: Discounts You Might Be Missing Out On

Some well known insurance discounts include, auto pay, paperless, eft, bundle (multiple insurance policies) and Pay in full.

These discounts can lead to the greatest savings on your insurance policy.

Some other discounts that are specific to motorcycle insurance, is a group affiliation discount. If you are a part of a motorcycle group, studies show drivers are more likely to operate safely and uphold all rules on the road. Insurance companies recognize this and offer a discount for additional savings.

Another discount that may be applied is a Safety Completion Course. As not all states require you to take a safety course, if you do take one you will be rewarded with cheap insurance premiums. 

Motorcycle Insurance Discounts
Married discount
association membership
prior insurance
Homeownership Discount
paperless
Years of riding experience
Motorcycle Rider Group Discount
vehicle usage & Mileage
Multi Lines Discount
EFT Discount
Operator’s Education Course
Continuous Insurance Discount
Anti lock brakes
Operators Safety Course
Garaged or locked storage
Responsible driver
LoJack device
MC Endorsement on License
approved safety course

Motorcycle Insurance New Mexico: Make sure you check with your agent to see if you qualify for one of these discounts!

MOTORCYCLE INSURANCE SAFETY TIPS

Always practice safe driving while operating on the road. Motorcycle Safety classes are not always required by the State, but very beneficial!

They can also provide additional savings on your insurance policy if you have completed an approved safety course.

• Make sure to check your tires, headlights, taillights and breaks before each trip to ensure everything is working properly.
• Be sure to carry the appropriate documents with you at all times, including your Driver’s license, registration, and insurance documents.
• Always share your lane, be courteous with turning signals to make sure drivers can see you through the traffic, and leave enough distance between you and others on the road.

MOTORCYCLE INSURANCE NEW MEXICO: LAWS YOU NEED TO KNOW

Motorcycle laws vary from state to state, and while experienced New Mexican riders often believe they’re in compliance, not being informed of New Mexico’s motorcycle laws can lead to traffic tickets, a suspended license, accidents and/or serious injury. 

In New Mexico, riders and passengers under age 18 must wear a helmet. Operators under age 18 must also take a State funded rider education course, which teaches motorcycle training and driver awareness.

Eyewear protection is required by law, day time use of headlights, working turn signals, and breaks. 

MOTORCYCLE INSURANCE NEW MEXICO: HOW DO YOU GET A MOTORCYCLE LICENSE?

Obtaining a Motorcycle license in New Mexico is fairly simple.

• You must meet the age requirements (at least 13 years of age for a specific license, or 15 years for another license type).
• You have the choice to either complete a motorcycle course, or take a written exam.
• Make sure to bring proof of identity and all applicable fees with you to the DMV.

MOTORCYCLE INSURANCE NEW MEXICO: WHICH COMPANIES OFFER MOTORCYCLE INSURANCE?

Many large companies offer motorcycle insurance, as well as other insurance products, such as Progressive, Dairyland, and Geico.

Some of these insurance companies rate different types of bikes differently. For example, Progressive generally offers very cheap prices for Harley Davidson, whereas Dairyland will be a cheaper option if you own a Sports Bike.

Make sure to shop around, or work with an agent, to find the best prices and coverages for you. Insurance agents do this all day long, and will be able to determine which company will be the best fit for you in little to no time at all.

Save yourself the hassle and the headache and lets our professionals take care of you! 

MOTORCYCLE INSURANCE NEW MEXICO: RATING FACTORS

Motorcycle Insurance is determined by several factors that may include:

• The driver and their driving experience/history.
• The area in which you live in and the amount of claims in that area will also be a rating factor for the insurance premium.
• The type of motorcycle, and the coverages desired (liability vs full coverage) will also help determine the price.

There are several things that are used to determine insurance premiums, the most important thing is to keep your driving history clean and you will always see cheap prices. 

Motorcycle Insurance Rating Factors
occupation
education level
Credit history
marital status
coverages
location
driving history
gender
rider experience
riding frequency
rider age
year make model)
Type of bike (engine size

MOTORCYCLE INSURANCE NEW MEXICO: COVERAGE OPTIONS

Motorcycle Insurance is very customizable, and very affordable.

If you own an older bike, or may not need full coverage you can do the minimum and just carry liability insurance.

Liability will make you legal on the road, and there is no coverage for the bike or yourself if you are at fault in an accident.

You can choose to add full coverage with consists of Comprehensive coverage and Collision. This will cover for things like vandalism, theft, and impact with another vehicle, object, or animal.

Other coverages may include Roadside, gap insurance, trip interruption, safety riding apparel coverage, and accessory coverage.

Many companies, like Dairyland and Progressive include accessory and apparel coverage for no additional cost.

Frequently Asked Questions about Motorcycle Insurance in New Mexico

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Last Updated on April 9, 2024 by Marlon Moss