Best New Mexico Car Insurance (2024)

New Mexico car insurance laws require all drivers to have a minimum of 25/50/10 to cover bodily injury and property damage. New Mexico car insurance rates average $78 per month while the best car insurance companies in New Mexico are USAA and State Farm. Because USAA is only for the military and their families, State Farm is the cheapest car insurance company in New Mexico for the general public.

UPDATED: Nov 10, 2023Fact Checked

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Chris Tepedino

Insurance Feature Writer

Chris Tepedino is a feature writer that has written extensively about home, life, and car insurance for numerous websites. He has a college degree in communication from the University of Tennessee and has experience reporting, researching investigative pieces, and crafting detailed, data-driven features. His works have been featured on CB Blog Nation, Flow Words, Healing Law, WIBW Kansas, and C...

Insurance Feature Writer

Schimri Yoyo

Licensed Agent & Financial Advisor

Schimri Yoyo is a financial advisor with active life and health insurance licenses in seven states and over 20 years of experience. During his career, he has held roles at Foresters Financial, Strayer University, Minnesota Life, Securian Financial Services, Delaware Valley Advisors, Bridgemark Wealth Management, and Fidelity.  Schimri is an educator eager to assist individuals and families in ...

Licensed Agent & Financial Advisor

UPDATED: Nov 10, 2023

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

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

Our insurance industry partnerships don’t influence our content. Our opinions are our own. To compare quotes from many different insurance companies please enter your ZIP code on this page 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 insurance. Our goal is to be an objective, third-party resource for everything insurance related. We update our site regularly, and all content is reviewed by insurance experts.

UPDATED: Nov 10, 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 insurance decisions. Comparison shopping should be easy. We are not affiliated with any one insurance provider and cannot guarantee quotes from any single provider.

Our insurance industry partnerships don’t influence our content. Our opinions are our own. To compare quotes from many different insurance companies please enter your ZIP code on this page to use the free quote tool. The more quotes you compare, the more chances to save.

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