Compare New Mexico Car Insurance Rates [2024]

Drivers who compare New Mexico car insurance rates will find the best deals on car insurance coverage. All drivers in New Mexico must carry 25/50/10 of liability insurance, which costs an average of $38 per month. Drivers who choose full coverage in New Mexico will pay an average of $120 per month.

UPDATED: Aug 26, 2023Fact Checked

Dorothea Hudson

Insurance and Finance Writer

Dorothea Hudson has been professionally writing in many spheres since 2013. She has written on entertainment, insurance, finance, travel, technology, AI, renewable energy, crypto, fundraising, and real estate for many websites. Her work has been published for British retailer Marks and Spencer, Kroger Magazine, the Vision Group, and more. Her passions include writing, music, running, travel, te...

Insurance and Finance Writer

Laura D. Adams

Insurance & Finance Analyst

Laura Adams is one of the nation’s leading finance, insurance, and small business authorities. As an award-winning author, spokesperson, and host of the top-rated Money Girl podcast since 2008, millions of readers and listeners benefit from her practical advice. Her mission is to empower consumers to live healthy and rich lives by planning for the future and making smart money decisions. She rec...

Insurance & Finance Analyst

UPDATED: Aug 26, 2023

Advertiser Disclosure

It’s all about you. We want to help you make the right coverage choices.

Advertiser Disclosure: We strive to help you make confident car insurance decisions. Comparison shopping should be easy. We are not affiliated with any one car insurance company and cannot guarantee quotes from any single company.

Our partnerships don’t influence our content. Our opinions are our own. To compare quotes from top car 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 auto insurance. Our goal is to be an objective, third-party resource for everything auto insurance related. We update our site regularly, and all content is reviewed by auto insurance experts.

UPDATED: Aug 26, 2023

Advertiser Disclosure

It’s all about you. We want to help you make the right coverage choices.

Advertiser Disclosure: We strive to help you make confident car insurance decisions. Comparison shopping should be easy. We are not affiliated with any one car insurance company and cannot guarantee quotes from any single company.

Our partnerships don’t influence our content. Our opinions are our own. To compare quotes from top car companies please enter your ZIP code above to use the free quote tool. The more quotes you compare, the more chances to save.

State Minimum Car Insurance Rates Nationwide
Average Monthly Car Insurance Rates by State
Monthly Average New Mexico Car Insurance Rates by ZIP Code
New Mexico Car Insurers by Market Share %
New Mexico Car Insurance Rates by Company vs. State Average
Factors Affecting Car Insurance Rates in New Mexico
State Minimum Car Insurance Rates Nationwide
Average Monthly Car Insurance Rates by State
Monthly Average New Mexico Car Insurance Rates by ZIP Code
New Mexico Car Insurers by Market Share %
New Mexico Car Insurance Rates by Company vs. State Average
Factors Affecting Car Insurance Rates in New Mexico