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From captivating Carlsbad Caverns to the White Sands or even the International UFO Museum and Research Center, parts of New Mexico have out-of-this-world views.
It may surprise you that 75 percent of the roads are unpaved in New Mexico. Each passageway tempts you to explore the Land of Enchantment. But before you jump in the car, are you curious about just how low your insurance rates can be?
Here’s our guide to the best and cheapest car insurance quotes in New Mexico.
Here are the cheapest carriers in New Mexico for the following user profile: a single, 30 year old male with a clean driving record who drives a 2012 Honda Accord and pays a $1,000 deductible for the state’s minimum liability insurance. We averaged rates for the twenty most populous cities in New Mexico.
| Cheapest Companies | Quotes |
|---|---|
 Progressive | $21/mo |
 State Farm | $39/mo |
 Allstate | $80/mo |
 GEICO | $82/mo |
 Travelers | $87/mo |
The Insurify Composite Score is calculated by analyzing multiple factors that indicate the quality, reliability, and health of an insurance company. Inputs to the score include financial strength ratings from A.M. Best, Standard & Poor’s, Moody’s, and Fitch; J.D. Power ratings, Consumer Reports customer satisfaction surveys, mobile app reviews, and user-generated carrier reviews. The following are the top rated carriers that offer car insurance in New Mexico. For the complete list, see Insurify's best car insurance companies.
| Best Companies | Quotes | |
|---|---|---|
 Nationwide | $91/mo | |
 American Family | $110/mo | |
State Farm | $39/mo | |
GEICO | $82/mo | |
Allstate | $80/mo | |
 Liberty Mutual | $171/mo | |
Progressive | $21/mo | |
Travelers | $87/mo |
Auto insurance costs will vary between locations and insurance carriers. Insurify analyzed the latest data for the five most populous cities in New Mexico to find you the cheapest quotes in each of these metropolitan areas.
Drivers often find that driving in Albuquerque, the state's most populous city, is more or less enjoyable if you're attuned to the climate. Locals recommend getting your car tuned if you're planning to stay for a while in this city with a high elevation and dry conditions.
| City | Cheapest Carrier | Quote |
|---|---|---|
| Albuquerque | Progressive | $35/mo |
| Las Cruces | Progressive | $24/mo |
| Rio Rancho | Progressive | $33/mo |
| Santa Fe | Progressive | $32/mo |
| Roswell | Progressive | $28/mo |
| Farmington | Progressive | $27/mo |
| Clovis | Progressive | $22/mo |
| Hobbs | Progressive | $25/mo |
| Alamogordo | Progressive | $21/mo |
| Carlsbad | Progressive | $24/mo |
| Gallup | Progressive | $23/mo |
| Sunland Park | Progressive | $23/mo |
| Los Lunas | Progressive | $28/mo |
| Chaparral | Progressive | $24/mo |
| Deming | Progressive | $23/mo |
| Las Vegas | Progressive | $27/mo |
| Portales |  State Farm | $49/mo |
| Los Alamos | State Farm | $43/mo |
| Artesia | Progressive | $26/mo |
The state of New Mexico requires all motor vehicle operators to have proof of insurance available in the car at all times.
The minimum bodily injury liability insurance requirements in New Mexico are:
Bodily injury liability coverage protects you by paying for the injuries of anyone you harm in an accident. The minimum limits New Mexico state law requires are $25,000 for the injury or death of a single person involved in a car accident and $50,000 for the injury or death of multiple persons. Insurance providers list this coverage at 25/50, stating the limitations of each minimum. In an accident, liability coverage protects you up to the policy limit. Damages above the policy limit of $50,000 are your responsibility.
The minimum property damage liabiltiy insurance requirements in New Mexico are:
Property damage liability coverage pays for any property that you damage in an accident. The state of New Mexico requires $10,000 for the minimum. You’ll see the collective state minimum listed at 25/50/10. The 10 refers to the property damage liability. Once again, any damages above the $10,000 are your responsibility.
Here are the cheapest insurance companies in New Mexico based on averaged sample rates for four driver profiles that included varied gender, age, driving history, credit, marital status, prior insurance, higher education, employment, and military service. Average rates may vary depending on the profile and background of the policyholder.
For New Mexico drivers with a clean driving record free of any moving violations, auto insurance rates may be significantly lower. Progressive offers the best options for good drivers in New Mexico, at $21 a month. With both cheaper premiums and additional safe driving discounts, it can really pay to have a record free of accidents or traffic tickets.
| Insurance Company | Quotes |
|---|---|
Progressive | $21/mo |
State Farm | $39/mo |
Allstate | $80/mo |
GEICO | $82/mo |
Travelers | $87/mo |
Everybody makes mistakes and has to deal with the fallout. The fallout for a DUI is rough: court fines, reinstatement fees, SR-22 filing, and years of paying more for car insurance to name only a few. Finding affordable rates on car insurance with a DUI is no small feat. If you find yourself really struggling to get an affordable rate, consider only carrying liability coverage as a way to save.
| Insurance Company | Quotes |
|---|---|
USAA | $39/mo |
State Farm | $40/mo |
Progressive | $49/mo |
The sinking feeling after realizing you’ve caused an accident is no exaggeration. Even a tiny fender bender can raise rates to levels that significantly alter your budget. If you’ve paid for accident forgiveness you may have caught a break. If not: discounts, discounts, discounts.
And comparison shopping at least every time your policy is up for renewal: insurance companies look at different time windows for driving history. For example, one company might look at the last five years while the other looks at the last three. Here are the best rates we could find for drivers with one at-fault accident.
| Insurance Company | Quotes |
|---|---|
USAA | $34/mo |
Central Mutual | $40/mo |
GEICO | $47/mo |
The need for speed can soon turn into the need for a new budget. Speeding tickets can affect people differently. But essentially, the more often you speed—and the higher your mph—the more points you’ll receive on your driver’s license. Higher points mean higher prices in the car insurance game. The best way to lower costs? Slow down and find a discount program, like a defensive driving course reduction.
| Insurance Company | Quotes |
|---|---|
USAA | $27/mo |
State Farm | $36/mo |
Central Mutual | $44/mo |
If you’re under 40 years old in the state of New Mexico, you will likely pay more for auto insurance coverage than the average driver. Since inexperienced drivers pose a higher risk for insurance providers, their rates are often significantly higher. USAA offers the cheapest car insurance rates for young drivers, averaging $18 a month. New drivers must abide by special driving restrictions, including curfews, electronic device limitations, and passenger age restrictions. Be sure to familiarize yourself with these rules before hitting the road.
Insurance policies for 21-year-olds generally run higher than the national average by a significant margin. Even though they’re no longer considered teen-drivers, 21-year-olds are still regarded as high-risk to insurers. Unlike most states, New Mexico 21-year-olds benefit from the state’s ban on using gender, education level, and credit score as factors when calculating premiums. This will generally help young New Mexicans lower their monthly payments. To find the cheapest car insurance for 21-year-olds, use a car insurance quotes comparison site like Insurify.
| Insurance Company | Quotes |
|---|---|
USAA | $18/mo |
State Farm | $35/mo |
GEICO | $38/mo |
If your license has been suspended or revoked, these car insurance companies will file an SR-22 with the state of New Mexico on your behalf.
New Mexico MVD has 32 field offices and contracts with 39 municipalities to run their own offices. All offices are closed on federally observed holidays.
The MVD is walk-in friendly, but you may need to schedule an appointment for VIN inspection if you’re registering a vehicle from another state. Those new to the state must go down to a field office to transfer a license. New Mexicans can get a new ID card or driver’s license, register a vehicle, pick up a license plate, and perform other services.
You can verify your insurance through the New Mexico Insurance Identification Database here. And the MVD’s online portal allows you to renew your registration, change your address, pay tickets, replace your license or ID, order personalized plates, register to vote, and other services.
Using a proprietary dataset of over 1.5 million car insurance shopper applications, the data scientists at Insurify have run various studies on driver behavior across geographical locations, age ranges, motor vehicle registration, and other variables all related to auto insurance coverage.
We've been able to determine the speediest cities in the nation, the most popular cars among age groups, and the occupations with the worst drivers, among other insightful reports. We've also launched annual awards campaigns to congratulate the communities across the country who have excelled in environmentally friendly initiatives, educational attainment, and other areas.
The EPA reports that the United States' transportation sector accounts for 27% of national greenhouse gas emissions. In a country of over 263 million registered vehicles, many communities are taking action to reduce their environmental impact and vehicular carbon footprint. This city has been named the "greenest" in the state by Insurify.
The state of New Mexico offers many green driver incentives, including federal tax credits and discounts through some car insurance carriers.
Beginning in 2018, Insurify launched the Most Patriotic Cities Awards, which salute the community in each state with the highest percentage of individuals who currently serve in the military or identify as armed service veterans.
Clovis won Insurify's Most Patriotic Cities Award for the state of New Mexico. It is situated just northeast of Cannon Air Force Base.
Insurify used a recent report from TripNet to rank twenty-five states by roads in poor condition, structurally deficient bridges, and fatality rate per 100 million vehicle miles traveled (VMT) on rural roads. Knowledge of infrastructure in New Mexico is vital for all car insurance shoppers hitting the road in The Land of Enchantment.
