Car Insurance in New Mexico: How to Find the Policy That Fits You

MoneyGeek has all the solutions and analyses that you need for your car insurance in New Mexico. Find out what fits your needs from the profiles below.

Find the Best or Cheapest Car Insurance in New Mexico

If you’re seeking the best or cheapest car insurance in New Mexico, MoneyGeek gathered and analyzed quotes from different insurers to help you find the best deal. With our unique scoring system, we’re able to find the best companies that offer affordability and quality.

If you’re looking for a breakdown of overall insurance costs, MoneyGeek estimated how much you can expect to pay based on various factors, such as age, driving record and more.

Our resources highlight the cheapest and best car insurance for drivers of various backgrounds. You can find a quick summary of what you can expect in the table below. Keep in mind that our recommendations are only applicable to a full coverage policy unless stated otherwise.

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  • Minimum liability: MetLife
  • Full coverage: MetLife
  • Drivers with a DUI: State Farm
  • After an accident: State Farm
  • Drivers with a ticket: State Farm
  • Drivers with bad credit: Allstate
  • Senior drivers: MetLife
  • Student drivers: Progressive
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  • Overall: State Farm
  • Customer Service: State Farm
  • On a Budget: State Farm
  • Poor Driving Record: State Farm
  • Military: USAA
  • Young Drivers: State Farm
  • New Cars: Allstate
  • Low-Mileage Drivers: Nationwide

Get a New Mexico Car Insurance Quote

MoneyGeek analyzed different providers in New Mexico and found that prices can vary by as much as $533 per year for the same driver across companies. That said, it is recommended to gather car insurance quotes from at least three providers, as it can help you save money.


Car Insurance Laws in New Mexico

To make an informed decision regarding the best car insurance for you, it is beneficial to understand the minimum car insurance laws and requirements in New Mexico. As per New Mexico laws, all drivers must have auto insurance with the following liability coverage:

  • $25,000 for bodily injury per person
  • $50,000 for bodily injury per accident
  • $10,000 for propery damage per accident

The state minimum coverage can only protect you up to these financial limits. New Mexico only mandates low liability limits and doesn’t require comprehensive and collision insurance. It’s important that you know how much insurance coverage you’ll need to be protected.

Specialty Car Insurance in New Mexico

Traditional car insurance is not the right fit for every driver. Explore alternative kinds of car insurance in New Mexico, including non-owner car insurance, temporary car insurance and car insurance for low-income drivers.

Learn more about New Mexico’s unique car insurance types below.

MoneyGeek Specialty Car Insurance Resources


Non-owner car insurance

For drivers who don’t own their cars, but instead borrow, rent or use car-sharing services regularly and still need proof of insurance, non-owner car insurance in New Mexico is a good option.


Temporary car insurance

For drivers who need car insurance for a few months or less, consider getting temporary car insurance in New Mexico. If renting a car, rental car insurance is recommended.


Car insurance for low-income drivers

Low-income drivers can save money by qualifying for car insurance for low-income drivers in New Mexico.

About the Author


Mark Fitzpatrick is a senior content manager with MoneyGeek specializing in insurance. Mark has years of experience analyzing the insurance market and creating original research and content. He graduated from Boston College with a Bachelor of Arts and Johns Hopkins University with a Master of Arts.