Central leads New Mexico's car insurance market with a MoneyGeek score of 4.99 out of 5, standing out for its strong coverage options and competitive rates. Since the right insurance provider varies based on your specific needs, we also recommend considering GEICO, Progressive, State Farm and Kemper.
Best Car Insurance in New Mexico
Updated: August 24, 2025
Advertising & Editorial Disclosure
Key Takeaways
The best overall car insurance provider in New Mexico is Central, ranking first in the state for coverage quality.
Progressive offers the best coverage for drivers with a DUI, while Central leads for young drivers seeking affordable rates in New Mexico.
To secure the best insurance rates in New Mexico, determine your coverage needs first, research provider options and compare plenty of quotes before deciding.
Best Car Insurance Companies in New Mexico
| Central | 4.99 | $70 | 3 | 1 |
| GEICO | 4.76 | $70 | 5 | 6 |
| Progressive | 4.66 | $79 | 1 | 3 |
| State Farm | 4.66 | $74 | 4 | 6 |
| Kemper | 4.03 | $77 | 9 | 8 |
*Scores above are for a 40-year-old male driver with a clean driving record and good credit who is insuring a 2012 Toyota Camry LE. Rates refer to an overall average of minimum and full coverage rates for this profile.
Best Car Insurance in New Mexico by Driver Profile
Central leads New Mexico auto insurance rates in nine out of ten categories. Progressive offers the most affordable rates for drivers with a DUI, while Central provides the best rates for all other driver types.
| Young Drivers | Central | 1 | 3 | 1 |
| Adult Drivers | Central | 1 | 3 | 1 |
| Senior Drivers | Central | 3 | 3 | 1 |
| Drivers With An Accident | Central | 1 | 3 | 1 |
| Drivers With A DUI | Progressive | 3 | 1 | 3 |
| Drivers With A Speeding Ticket | Central | 3 | 3 | 1 |
| Drivers With Bad Credit | Central | 3 | 3 | 1 |
| Drivers With Low Income | Central | 4 | 3 | 1 |
| Drivers With Newer Cars | Central | 2 | 3 | 1 |
| Drivers With Old Cars | Central | 1 | 3 | 1 |
*We modified the categories above based on a male driver, 40 years of age, with good credit and also a clean driving record, who is insuring a 2012 Toyota Camry LE. Young drivers reflect ages 16 to 25, adult drivers ages 26 to 64 and seniors 65 and older.
Personalized Best New Mexico Car Insurance Recommendations
Our general recommendations might not match your specific needs. Compare our top five providers below to find coverage that fits your personal profile.
Data filtered by:Results filtered by:
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Age Group:Adult Drivers
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Gender:Female
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Coverage Level:100/300/100 Full Cov. w/$1,000 Ded.
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Credit Alignment:Below Fair
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Driving Record:At Fault Accident ($1000-$1999 Prop Dmg)
| Central | 5.00 | $168 | 3 | 1 |
| GEICO | 4.42 | $250 | 5 | 6 |
| Farm Bureau | 4.25 | $301 | 2 | 7 |
| Nationwide | 4.22 | $317 | 6 | 5 |
| Kemper | 4.18 | $185 | 9 | 8 |
*Rates refer to an overall average of minimum and full coverage rates for this profile.
Best New Mexico Car Insurance Reviews
Below, we break down each top-rated company's coverage options, costs and service quality.
Central Insurance
Best Coverage Options in New Mexico
MoneyGeek Rating
5.0/ of 5
5/5Affordability
5/5Customer Experience
5/5Coverage Options
Average Monthly Full Coverage Cost
$109For 100/300/100 liability and $1,000 deductible comprehensive and collision coverage for our base profile of a 40-year-old male driver with good credit and no driving violationsAverage Monthly Minimum Coverage Cost
$32For minimum state coverage for our base profile of a 40-year-old male driver with good credit and no driving violationsAgent Service Score
4.5/5Aggregated across all captive and independent agentsMost Unique Coverage Add-on
Farm Personal Property
GEICO
Best Cheap Overall in New Mexico
MoneyGeek Rating
4.8/ of 5
5/5Affordability
4.8/5Customer Experience
3.2/5Coverage Options
Average Monthly Full Coverage Cost
$95For 100/300/100 liability and $1,000 deductible comprehensive and collision coverage for our base profile of a 40-year-old male driver with good credit and no driving violationsAverage Monthly Minimum Coverage Cost
$46For minimum state coverage for our base profile of a 40-year-old male driver with good credit and no driving violationsAgent Service Score
4.2/5Aggregated across all captive and independent agentsMost Unique Coverage Add-on
Mechanical Breakdown Insurance
How to Find the Best Car Insurance in New Mexico
Shopping for car insurance in New Mexico doesn't need to be complicated. We've created this guide to help you find coverage that fits your needs and budget.
- 1
Decide on coverage needs before you buy
The easiest way to overpay for car insurance is not knowing what coverage you need. Consider your driving habits, location and finances when deciding the level of auto insurance you need while meeting New Mexico required minimums.
- 2
Research average costs and discounts you may qualify for
Research average car insurance costs in New Mexico to understand typical pricing for your profile. Look for savings through home and auto insurance bundles, telematics programs, online purchasing and good student discounts. Taking a defensive driving program can provide additional savings on your premium.
- 3
Look through provider customer experiences and coverage options thoroughly
Research customer reviews to avoid companies with poor claims handling or policy management.
- 4
Consider non-standard coverage options
You may find better choices with Insurance from automakers, non-owner car insurance and pay-per-mile policies.
- 5
Compare plenty of quotes through multiple means
Compare quotes from multiple providers to find the cheapest option. Get estimates through different channels like independent agents and company websites, as prices can vary between quoting methods.
- 6
Reassess annually
Car insurance pricing changes frequently with market conditions. Review your coverage and compare rates yearly to ensure you maintain the best possible deal for your situation.
Best New Mexico Auto Insurance: Bottom Line
The best auto insurance depends on location, coverage type, driver profile and driving history. Central is the top-rated company overall, while GEICO and Progressive are also good options for drivers in New Mexico.
Best Auto Insurance in New Mexico: FAQ
Your ideal car insurance policy depends on your unique needs and budget, so we've provided answers to common questions that will help you choose the right coverage.
What is the best car insurance company in New Mexico?
Central leads New Mexico's auto insurance market with a MoneyGeek score of 5 out of 5 and an average monthly premium of $109 for full coverage.
What is the best car insurance company for minimum coverage in New Mexico?
Central leads the pack for minimum coverage in New Mexico with average rates starting at $385 per year.
What is the best car insurance in New Mexico for young drivers?
Central is the top choice for young adults in New Mexico, offering competitive rates at $718 annually and strong customer service ratings.
What is the best car insurance for New Mexico drivers who value customer service?
Progressive ranks highest for customer experience in New Mexico with a score of 5 out of 5. The company delivers excellent service through its streamlined buying process, responsive agents, digital tools and claims handling.
What is the best car insurance in New Mexico if you have driving offenses?
For drivers with violations in New Mexico, Progressive leads the market for DUI offenses, offering monthly rates of $70 for minimum coverage and $121 for full coverage policies.
How We Rated the Best Car Insurance in New Mexico
We researched more than 70 companies, from national to small local providers across all U.S. residential ZIP codes in New Mexico. We also checked the internet for customer reviews, discounts and coverage details to give you a complete picture of each provider's services. All companies had enough customer reviews and coverage information to make our list.
Here's how we score each company:
- Affordability (60% of score): We look at quotes for different driver profiles and compare rates within New Mexico. Our main rating uses a 40-year-old male with good credit, no driving violations, no claims history and a valid license. We also check other combinations to ensure you find the right fit for your situation.
- Customer experience (30% of score): We used sources like Google reviews, J.D. Power, AM Best and Reddit to see what customers think about each company. We focused on New Mexico-specific feedback to get an accurate score.
- Coverage options (10% of score): This score considers the number of coverage options a company offers, what makes it unique and what benefits it includes.
About Mark Fitzpatrick
Mark Fitzpatrick, a Licensed Property and Casualty Insurance Producer, is MoneyGeek's resident Personal Finance Expert. With over five years of experience analyzing the insurance market, he conducts original research and creates tailored content for all types of buyers. His insights have been featured in publications like CNBC, NBC News and Mashable.
Fitzpatrick holds a master’s degree in economics and international relations from Johns Hopkins University and a bachelor’s degree from Boston College. He's also a five-time Jeopardy champion!
Passionate about economics and insurance, he aims to promote transparency in financial topics and empower others to make confident money decisions.