New Mexico Auto Insurance
Requirements, Rates & Top Companies
Complete New Mexico auto insurance guide. Average cost: $1,591/year. Compare quotes, coverage requirements, and save up to 40% on NM car insurance.
$1,591
Avg. Annual Premium
#19
Cost Rank (50 States)
No
No-Fault State
21.80%
Uninsured Drivers
New Mexico Minimum Insurance Requirements
Bodily Injury Liability
Covers injuries you cause to others
$25,000/$50,000
Property Damage Liability
Covers damage you cause to property
$10,000
Personal Injury Protection (PIP)
Covers your medical expenses regardless of fault
Not required