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Compare New Mexico Auto Insurance Quotes & Companies

New Mexico Car Quote Comparison Tool

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Find A Policy That Meets NM Requirements and Covers Your Assets

New Mexico State Seal

Did you know that there are dozens of insurance companies selling policies in New Mexico? Don’t make the common mistake of only comparing quotes from a few select car insurance companies. Get multiple quotes from the top auto insurers in New Mexico. You will probably find an insurance policy to that meets all of your basic requirements for a low price compared to what you are currently paying.

Getting a low, cheap car insurance rate that covers your liability needs may be an overwhelming task. The multiple car insurance companies in New Mexico that compete for your business offer so many different policies that it may seem like too much work to sort through all of them.

There is no need to stress. Auto Insurance Planners will help you compare New Mexico car insurance rates and quotes faster and easier. We’ll make sure you are up-to-date on the minimum amounts of liability insurance required in New Mexico and make sure you are aware of related New Mexico auto insurance laws.

When you are ready to start thinking about where to purchase a policy,we’ll assist you with some helpful information on how to compare New Mexico insurance companies. Best of all, we provide a free, online quote tool that you can use to compare multiple New Mexico auto insurance company quotes.


New Mexico auto insurance minimum requirements:

Liability limits (in 100′s) PIP required No Fault State Uninsured Motorist coverage required
25/50/10 No No No

How to read car insurance liability limits

Liability amounts are written as three numbers separated by slashes.

  • First number: bodily injury liability maximum for
    one person for injuries you caused to the other party
  • Second number: bodily injury liability maximum for all injuries in one accident
  • Third number: property damage liability maximum for one accident

Types of Auto Insurance Coverage Available From New Mexico Insurance Companies

New Mexico Mandatory Liability Coverage

Every state requires some liability insurance. Liability insurance covers damage damages caused to another party if you cause an auto accident. There are two basic types of liability insurance:

  • Bodily Injury: covers medical costs of other people involved in the accident
  • Property Damage: covers damage to other vehicles and/or personal property involved in the accident

Auto Collision

Collision car insurance covers damage to your own vehicle due to an accident. There’s usually a deductible. The higher the deductible, the lower the policy amount. You generally want enough collision insurance to cover your assets, but if you drive an older car or have no assets to protect, you may not want to go overboard with purchasing collision insurance.

Comprehensive

Comprehensive insurance covers your vehicle for non-collision damages. A few examples of the types of damage that comprehensive insurance may cover:

  • Types of Vandalism
  • Theft
  • Fire Damage
  • Natural Disaster Damages

Click for more information about New Mexico auto insurance quotes.