Cheap New Mexico car insurance

Illustration of the Shiprock Rock Formation in New MexicoIllustration of the Shiprock Rock Formation in New Mexico

To legally drive in New Mexico, you need an active car insurance policy. Auto insurance helps keep you legal, while also helping protect you—and others on the road—if you’re involved in an accident or need to file a claim. Here’s what you need to know about securing cheap car insurance in New Mexico.

What’s required of all drivers in New Mexico?

Any New Mexico residents operating a motor vehicle in the state must have a New Mexico driver’s license. New Mexico residents can earn their:

  • Learner’s permit at age 15

  • Provisional license at age 15 and six months

  • Full driver’s license at the age of 16 and six months

Additionally, all drivers and passengers are required to wear seatbelts while the car is in motion. Drivers can use hands-free devices, but texting while driving is illegal.

What are the car insurance requirements in New Mexico?

For New Mexico car insurance policies, there are minimum auto coverage requirements mandated by law:

Uninsured motorist coverage helps pay for your expenses if you’re involved in an accident with an at-fault uninsured driver. Roughly one in eight U.S. drivers is uninsured, so at any time, you likely share the road with several of these motorists.

In New Mexico, insurance providers are required to offer UM/UIM coverages, but you can reject them in writing when purchasing your policy.

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Does New Mexico have any optional car insurance coverage?

We offer a range of optional auto insurance coverages, giving you the flexibility of a policy that makes sense for both your driving situation and your financial situation. Here are several of the optional coverages available in New Mexico:

Physical damage:

Physical damage coverage includes two frequently purchased types of car coverages: collision insurance and comprehensive insurance. Both of these coverages can help you pay for your own vehicle’s damages. Here’s what you need to know about these two coverages:

Collision coverage

Collision insurance applies when your vehicle is damaged in a collision with another vehicle or a stationary object, like a tree or fire hydrant.

Comprehensive coverage

Collisions aren’t the only incidents that can result in damage to your vehicle. That’s why comprehensive insurance can be so valuable. If your vehicle is vandalized, damaged by hail or other weather-related disasters, or stolen, comprehensive coverage can help you pay for repairs or other covered losses.

Illustration of a car smashed by a tree

Need help to further understand your coverage options?

Start by learning the difference between comprehensive and collision.

Rental car reimbursement:

If your car is damaged due to a covered loss and needs to spend some time in the body shop, you may need to temporarily rent a car. Rental car reimbursement coverage can help pay for your rental for an established period of time.

Medical payments:

As we all know, medical costs add up quickly. Medical payments coverage can help pay for medical expenses if you and/or your passenger are injured in an accident—regardless of who was at fault.

Special equipment:

Making some customizations to your vehicle can help it feel uniquely yours. But what happens if those special touches are damaged in an accident? With special equipment coverage, you can get some help paying for those repairs.

Accidental death:

This optional coverage pays a $10,000 death benefit if you or another covered person on your policy suffer a fatal injury in an accident.

Roadside assistance:

This coverage offers 24-hour towing and roadside service if you’re stuck or stranded due to a mechanical or electrical breakdown, battery failure, flat tire, or other covered situation.

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Insurance is a legal requirement

Learn why driving without insurance can be a costly choice.

New Mexico car insurance discounts

We’re committed to helping you get the most value out of your auto insurance. These car insurance discounts are available in New Mexico. Talk to your Dairyland agent—you might qualify for more discounts than you expect.

  • Transfer

  • Advanced quote

  • Multi-car

  • Anti-theft

  • Quarterly payment (available beginning March 27, 2023)

  • Paid in full

  • Defensive driver course

  • Homeowners

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3 pasos para obtener una cotización de seguro de auto gratis

Illustration of the number one in a circle
Proporcione informaciónsobre usted, su vehículo y su historial de conducción.
Illustration of the number two in a circle
Ingrese detalles sobre otras personas que conducen su auto.
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Seleccione las coberturas que desea y revise para qué descuentos califica.
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Need more than New Mexico car insurance?

Insuring your vehicle is an important step to driving in New Mexico, but it’s not the only step. These state agencies and resources can help you drive legally and protect your home, loved ones, and more.

New Mexico car insurance discounts

The New Mexico Motor Vehicle Division (MVD) can help you secure a driver’s license, register your vehicle, and sign up for a None for the Road class or other DWI prevention and education programs.

New Mexico Department of Transportation

New Mexico’s Department of Transportation (DOT) provides information on road conditions, public transportation, construction projects, and more.

New Mexico Office of Superintendent of Insurance

The New Mexico Office of Superintendent of Insurance (OSI) can help you understand the state’s insurance requirements, from health insurance to home and renter’s insurance.

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