New Mexico Car Insurance Requirements in 2025 (Minimum Coverage in NM)
New Mexico car insurance requirements mandate property damage and bodily injury coverage with limits of 25/50/15. NM car insurance rates start at $23 per month. Failure to meet these requirements could result in fines of $300 or even license suspension.
Free Auto Insurance Comparison
Compare Quotes From Top Companies and Save
Secured with SHA-256 Encryption
Justin Wright
Licensed Insurance Agent
Justin Wright has been a licensed insurance broker for over 9 years. After graduating from Southeastern Seminary with a Masters in Philosophy, Justin started his career as a professor, teaching Philosophy and Ethics. Later, Justin obtained both his Property & Casualty license and his Life and Health license and began working for State Farm and Allstate. In 2020, Justin began working as an i...
Licensed Insurance Agent
UPDATED: Apr 16, 2025
It’s all about you. We want to help you make the right coverage choices.
Advertiser Disclosure: We strive to help you make confident insurance decisions. Comparison shopping should be easy. We are not affiliated with any one insurance company and cannot guarantee quotes from any single insurance company.
Our insurance industry partnerships don’t influence our content. Our opinions are our own. To compare quotes from many different insurance companies please enter your ZIP code above to use the free quote tool. The more quotes you compare, the more chances to save.
Editorial Guidelines: We are a free online resource for anyone interested in learning more about insurance. Our goal is to be an objective, third-party resource for everything insurance related. We update our site regularly, and all content is reviewed by insurance experts.
UPDATED: Apr 16, 2025
It’s all about you. We want to help you make the right coverage choices.
Advertiser Disclosure: We strive to help you make confident insurance decisions. Comparison shopping should be easy. We are not affiliated with any one insurance company and cannot guarantee quotes from any single insurance company.
Our insurance industry partnerships don’t influence our content. Our opinions are our own. To compare quotes from many different insurance companies please enter your ZIP code above to use the free quote tool. The more quotes you compare, the more chances to save.
On This Page
Liability coverage of 25/50/15 is required to meet New Mexico car insurance requirements. NM car insurance rates begin at $23 per month.
Failure to meet the requirements and show proof of insurance will result in a fine of $300 or more and even suspension of your vehicle’s registration. Secure yours by understanding what car insurance covers.
New Mexico Auto Insurance Minimum Coverage Requirements
| Coverage | Limits |
|---|---|
| Bodily Injury Liability | $25,000 per person / $50,000 per accident |
| Property Damage Liability | $15,000 per accident |
Meet NM car insurance requirements and find the best coverage option for your vehicle needs through our New Mexico guide. Enter your ZIP code to start comparing New Mexico car coverage and insurance rates.
- The law in New Mexico requires a 25/50/15 auto insurance coverage
- NM car insurance rates start at $23 per month
- Meeting NM car insurance requirements will help avoid license suspension
Read through our guide to know the various options and how you can save money by securing the best and cheapest coverage option in New Mexico.
New Mexico Auto Insurance Requirements & What They Cover
In New Mexico, all personal vehicles must carry liability insurance and coverage that meets the state’s minimum coverage requirements.
This includes bodily injury liability coverage with limits of $25,000 per person and $50,000 for every accident and property damage liability coverage with a minimum limit of $10,000.
These requirements ensure that drivers can cover the expenses of injuries or damages they may cause to others in an accident. See more details about the New Mexico requirements in minimum coverage below.
Read more: Types of Car Insurance Coverage
Compare The Best Insurance Quotes In The Country
Compare quotes from the top insurance companies and save!
Secured with SHA-256 Encryption
Cheap Car Insurance in New Mexico
When looking for the most affordable car insurance in the area of New Mexico, you can trust USAA as the cheapest provider, consistently offering the lowest rates in the area. Securing the second and third spots are State Farm and Progressive.
6,589 reviewsCompany Facts
Min. Coverage in New Mexico
A.M. Best Rating
Complaint Level
Pros & Cons
6,589 reviews
18,154 reviewsCompany Facts
Min. Coverage in New Mexico
A.M. Best Rating
Complaint Level
Pros & Cons
18,154 reviews
13,283 reviewsCompany Facts
Min. Coverage in New Mexico
A.M. Best Rating
Complaint Level
Pros & Cons
13,283 reviewsInsurance rates can vary by city. Albuquerque’s minimum coverage averages $83 per month, while smaller towns like Grants see much lower averages around $56.
New Mexico Min. Coverage Monthly Rates by City
| City | Rates |
|---|---|
| Albuquerque | $83 |
| Belen | $61 |
| Carlsbad | $73 |
| Clovis | $69 |
| Deming | $65 |
| Española | $62 |
| Farmington | $68 |
| Gallup | $66 |
| Grants | $56 |
| Hobbs | $71 |
| Las Cruces | $75 |
| Los Alamos | $60 |
| Rio Rancho | $72 |
| Roswell | $70 |
| Santa Fe | $80 |
| Silver City | $64 |
| Truth or Consequences | $58 |
| Tucumcari | $57 |
Age and gender also play a significant role in premium pricing—17-year-old males typically face the highest costs, while 60-year-old females enjoy the lowest.
Car Insurance Monthly Rates in New Mexico by Provider, Age, & Gender
| Insurance Company | Age: 17 Female | Age: 17 Male | Age: 25 Female | Age: 25 Male | Age: 35 Female | Age: 35 Male | Age: 60 Female | Age: 60 Male |
|---|---|---|---|---|---|---|---|---|
 | $460 | $480 | $165 | $170 | $135 | $140 | $110 | $115 |
 | $425 | $445 | $150 | $155 | $120 | $125 | $100 | $105 |
 | $430 | $450 | $155 | $160 | $125 | $130 | $105 | $110 |
 | $400 | $420 | $145 | $150 | $115 | $120 | $95 | $100 |
 | $445 | $465 | $155 | $160 | $125 | $130 | $105 | $110 |
 | $440 | $460 | $160 | $165 | $130 | $135 | $110 | $115 |
 | $450 | $470 | $160 | $165 | $130 | $135 | $110 | $115 |
 | $420 | $440 | $150 | $155 | $120 | $125 | $100 | $105 |
 | $435 | $455 | $155 | $160 | $125 | $130 | $105 | $110 |
 | $380 | $400 | $140 | $145 | $110 | $115 | $90 | $95 |
Among all insurers, USAA offers the most competitive rates across nearly every category, including clean driving records and high-risk profiles like DUIs.
Car Insurance Monthly Rates in New Mexico by Driving Record
| Insurance Company | Clean Record | One Ticket | One Accident | One DUI |
|---|---|---|---|---|
| $148 | $178 | $198 | $290 |
| $145 | $175 | $195 | $290 |
| $155 | $185 | $210 | $310 |
| $140 | $170 | $190 | $280 |
| $158 | $188 | $218 | $320 |
| $150 | $180 | $200 | $300 |
| $160 | $190 | $220 | $330 |
| $142 | $172 | $192 | $285 |
| $152 | $182 | $202 | $298 |
| $130 | $160 | $180 | $270 |
For New Mexico drivers seeking the best value, USAA consistently provides the most affordable coverage regardless of city, age, or driving history.
Read more: Best Car Insurance in Your State
Penalties for Driving Without Insurance in New Mexico
If you cannot show proof of insurance, you may face serious consequences, including fines of $300 or more, misdemeanor charges, suspension of your vehicle’s registration, and additional reinstatement fees.
To comply with the minimum New Mexico coverage requirements, your policy must include bodily injury liability coverage with limits of $25,000 for every person and $50,000 per accident and property damage liability coverage with a $10,000 limit.
Additional Coverage Options in New Mexico
Uninsured or underinsured insurance coverage pays for expenses related to being in an accident with someone who does not have adequate coverage or any coverage at all to pay for the resulting bills.
Comprehensive and collision coverage are two optional but important insurance coverages. Collision coverage will pay for expenses related to fixing or replacing your vehicle after an accident, while comprehensive coverage covers other non-collision-related damages, such as fire damage or theft.
Jeff Root Licensed Insurance Agent
We have compiled a list of the most stolen vehicles in New Mexico. If your vehicle is a popular target, this coverage is even more important to have. Learn how to keep your vehicle safe in New Mexico by entering your ZIP code.
Compare The Best Insurance Quotes In The Country
Compare quotes from the top insurance companies and save!
Secured with SHA-256 Encryption
Frequently Asked Questions
What are the minimum car insurance coverage requirements in New Mexico?
The New Mexico auto insurance guide states that the state requires a minimum of $25,000 for every person, $50,000 for every accident for bodily injury, and $10,000 for property damage.
What penalties can New Mexico drivers face if they fail to carry the required insurance coverage?
New Mexico auto insurance guide highlights that drivers without the required insurance may face fines over $300, registration suspension, and potential misdemeanor charges. Learn more about New Mexico penalties by entering your ZIP code.
Why is USAA considered the cheapest car insurance provider in New Mexico?
Car insurance agents in Los Alamos may recommend USAA, as it consistently offers the lowest rates across all New Mexico driver profiles and driving histories.
Read more: USAA Insurance Review & Ratings
How do monthly car insurance rates vary across different cities in New Mexico?
Car insurance quotes in Los Alamos may vary, with insurance rates ranging from about $56 in Grants to $83 in Albuquerque for minimum coverage.
How do age and gender influence car insurance premiums in New Mexico?
According to the New Mexico auto insurance guide, younger drivers, especially 17-year-old males, pay the highest premiums, while older drivers, like 60-year-old females, pay the least. Review other factors affecting your insurance by entering your ZIP code.
Which insurance company offers the most affordable rates for drivers with a clean driving record?
Car insurance agents in Los Alamos often suggest USAA as it provides the lowest rates for drivers with clean records compared to other insurers in the state.
Read more: Safety Car Insurance Discounts
How much can a DUI increase your monthly insurance rates with major providers in New Mexico?
As shown in the New Mexico auto insurance guide, a DUI can raise monthly premiums by over $100, depending on the provider.
What additional coverage options are recommended for New Mexico drivers?
Car insurance quotes in Los Alamos often include recommendations for comprehensive, collision, and uninsured/underinsured motorist coverage to ensure complete protection.
Why is it important to carry more than the minimum required coverage in New Mexico?
New Mexico auto insurance guide advises that minimum coverage may not completely protect you financially in serious accidents, making higher limits a safer choice.
Read more: Cheapest Car Insurance Companies
How does comparing multiple quotes help New Mexico drivers save on car insurance?
Comparing car insurance quotes in Los Alamos from multiple providers ensures you find the best rate tailored to your specific profile and needs.
Compare The Best Insurance Quotes In The Country
Compare quotes from the top insurance companies and save!
Secured with SHA-256 Encryption
Justin Wright
Licensed Insurance Agent
Justin Wright has been a licensed insurance broker for over 9 years. After graduating from Southeastern Seminary with a Masters in Philosophy, Justin started his career as a professor, teaching Philosophy and Ethics. Later, Justin obtained both his Property & Casualty license and his Life and Health license and began working for State Farm and Allstate. In 2020, Justin began working as an i...
Licensed Insurance Agent
Editorial Guidelines: We are a free online resource for anyone interested in learning more about insurance. Our goal is to be an objective, third-party resource for everything insurance related. We update our site regularly, and all content is reviewed by insurance experts.