4.8out of 3,000+ reviews

Cheap Auto Insurance Quotes in Roswell, NM (July 2022)

Secure. Free. Easy-to-use.
Advertising disclosures
auto insurance

Why you can trust Insurify

Insurify partners with top insurance companies and is a licensed agent in all 50 states. However, the insurance experts writing our content operate independently of our partners. Check out reviews from over 3,000 satisfied customers, how we make money, our data methodology, and our editorial standards.
Olivia Oksenhorn

By: Olivia Oksenhorn

Edited by Tanveen Vohra | Reviewed by licensed insurance agent, Amber Benka

Last Updated February 4, 2022

Why you can trust Insurify

Insurify partners with top insurance companies and is a licensed agent in all 50 states. However, the insurance experts writing our content operate independently of our partners. Check out reviews from over 3,000 satisfied customers, how we make money, our data methodology, and our editorial standards.

Alien lovers flock to Roswell during all times of the year, turning this small city into a bustling hub of people. Surface streets are arranged in a grid, yet with no major freeways traversing the city, a minor car accident can clog roadways easily. Driving in Roswell can bring unexpected challenges, including hot temperatures in the summer and snow in the winter, making it imperative for residents to enroll in robust car insurance coverage.

Car Insurance in Roswell, NM

The average cost of New Mexico car insurance will vary from city to city and between insurance companies. Insurify analyzed the latest insurance rates in Roswell, NM to find you the cheapest quotes in the area.

Quick Facts

  • The average cost of car insurance in Roswell is $147 per month, or $1764 annually.
  • Car insurance in Roswell is $9 less than the average cost of car insurance in New Mexico.
  • The cheapest car insurance provider in Roswell on average is GAINSCO, but you should always compare quotes to find your best personal rate.

Quotes by Top Companies

Progressive
$28
State Farm
$52
Travelers
$102
Nationwide
$110
American Family
$128

Cheapest Car Insurance in Roswell, NM

The cost of car insurance can vary depending on the insurance provider. That’s because every insurance provider values information like your driving history and your credit score a little bit differently. Although the following car insurance companies offer the cheapest auto insurance premiums on average, it’s always important to compare quotes. Use Insurify to find your best rate today!
Insurance Provider in RoswellQuotes
Progressive$28 /mo
State Farm$52 /mo
Travelers$102 /mo
Nationwide$110 /mo
American Family$128 /mo

Compare Car Insurance Quotes Instantly

  • Personalized quotes in 5 minutes or less
  • No signup required

Best Car Insurance in Roswell, NM

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 company reviews. The following are the top rated companies that offer car insurance in Roswell. For the complete list, see Insurify's best car insurance companies.
Best CompaniesScoreQuotes
Liberty Mutual82$195 /mo

Average Car Insurance Cost

New Mexico Cities
Albuquerque$131/mo
Las Cruces$77/mo
Rio Rancho$119/mo
Santa Fe$99/mo
Roswell$103/mo
New Mexico$106/mo
Las Cruces
$77
Santa Fe
$99
Roswell
$103
Average for NM
$106
Rio Rancho
$119
Albuquerque
$131
Click here to learn about car insurance quotes and save on your current policy.

Minimum Car Insurance Requirements in New Mexico

All motor vehicles operated or parked on New Mexico roadways are required to be insured. Proof of insurance must be carried in your car at all times and must be available when:

  • Requested by law enforcement
  • Renewing vehicle registration
  • The vehicle is involved in a car accident

The minimum liability insurance requirements for private passenger vehicles in New Mexico[1] are:

  • $25,000 per person for bodily injury
  • $50,000 per accident for bodily injury

As a major part of your liability insurance, bodily injury coverage covers medical bills for people other than the policyholder who are injured during an accident. New Mexico is an at-fault state, meaning the driver who is responsible for the collision is also responsible for paying for any resulting expenses, either through their car insurance provider or out of pocket.

  • $10,000 per accident for property damage

If it’s determined that an insured driver is at fault for an accident, this coverage pays for repairs to the property of the other involved parties. Additionally, property damage coverage can cover legal costs if the insured driver is involved in a lawsuit following the accident.

Roswell Car Insurance Rates by Driver Age

When viewed by age group, insurance rates for Roswell drivers follow a predictable pattern. More-seasoned drivers pay less to be on the road because they represent less risk than younger motorists. While someone in their 40s pays an average of $106 in insurance premiums, teen drivers pay more than triple that amount, at $369. Senior drivers can also carry increased risk as they age. Roswell motorists in their 60s pay nearly twice as much for insurance as someone 10 years younger.

Driver's AgeAvg. Monthly Cost
teens$370
20s$217
30s$128
40s$107
50s$110
60s$209
70s$137
80s$224

Roswell Car Insurance Rates by Driving and Accident History

Insurance companies look at your driving record as an indicator of risk. While good drivers get more favorable rates, drivers with violations should expect to pay more. Why? Poor driving behavior indicates an increased likelihood of filing a future claim. In Roswell, those whose driving records are pristine pay an average of $149 in insurance premiums per month. On the other hand, drivers who have been written up for speeding, causing an accident, or running a light pay $225, $243, and $248, respectively, to remain insured on the road.

Driving HistoryAvg. Monthly Cost
No Violation$150
Speeding Ticket$226
At-Fault Accident$244
Failure to Stop for Red Light / Stop Sign$249

Roswell Car Insurance Rates by Credit Tier

Credit-based insurance scores are one insurance rating variable used to determine individual premiums in Roswell. Similar to other variables like age or marital status, statistics demonstrate the relationship between a driver’s credit-based insurance score and their claims risk. Do you manage your money well? If so, you’re likely to pay less for your auto policy than those who don’t. Those with an excellent credit record in Roswell can expect to pay 21 percent less in car insurance premiums than drivers whose records are poor.

Credit TierAvg. Monthly Cost
Excellent$133
Good$171
Average$198
Poor$161

Find local Roswell agents

  • George Gandy Insurance, LLC 

    2415 N Main Street #A,
    Roswell, NM 88201-6454
  • Lopez Insurance & Financial Services, LLC 

    704 W Hobbs Street,
    Roswell, NM 88203
  • J S Ward & Son, Inc. 

    110 West College Blvd. Suite G,
    Roswell, NM 88201
  • Swickard Agency, Inc. 

    400 North Pennsylvania #600,
    Roswell, NM 88201-4665
  • Taylor & Associates Insurance & Financial Services 

    613 West 2nd Street Suite 55,
    Roswell, NM 88201
  • Meridian Insurance Services 

    3301 N Main St,
    Roswell, NM 88201
  • Hunton Insurance Agency

    2708 1/2 N Main Street,
    Suite 7, Roswell, NM 88201
  • Fred Loya Insurance

    2601 N Main St # B,
    Roswell, NM 88201
  • Roma Insurance

    1904 S Main St,
    Roswell, NM 88203
  • Hunton Insurance Agency

    2710 N Main St,
    Roswell, NM 88201
View more

Roswell, NM DMV Information

The New Mexico Motor Vehicle Division operates one office in Roswell. Located in the northern part of the city, the location is open Monday through Friday from 8 a.m. to 4 p.m. While most residents don’t necessarily claim that wait times are long here, there are a number of complaints about the quality of service provided at this office.

Public Transportation in Roswell, NM

Given that so many people visit Roswell to indulge in their love for UFOs, it’s surprising how limited the public transportation options are here. The city operates a public bus system with just three routes: one that heads north from downtown, one that drives south, and one that runs horizontally through the area. If you need reliable transportation outside of the bus route’s service area, contacting Uber or Lyft is your best bet.

How to get the best and cheapest car insurance in Roswell, NM

While the people of Roswell may believe in extraterrestrial life, not all of them believe in purchasing car insurance. If you choose to drive in this city, it’s imperative that you have robust coverage in the event of an accident. This part of the nation may not be the easiest to navigate due to its sprawling nature, but at least you won’t have to fight with millions of cars on the road.

Whether you’ve just moved to Roswell or you’re a long-time resident, take some time to consider if your insurance policy offers everything you need. Insurify can help by comparing quotes from multiple insurance carriers within a matter of minutes, showing you the easiest ways to save on your premiums.

FAQs - Roswell, NM Car Insurance

  • New Mexico requires drivers to carry a range of policy features, including bodily injury, property damage, and uninsured/underinsured motorist bodily injury coverage. Other types of protection are available and may be appropriate based on your driving habits.
  • Although it’s illegal to drive in Roswell without car insurance, some reports claim that just over 20 percent of all drivers in New Mexico do not have insurance. This is just one of many factors that contribute to the higher-than-average rates that residents pay for their policies.
  • Purchasing a minimum coverage plan won’t cost you much when you visit Insurify. After answering a few simple questions, you’ll be able to compare quotes from multiple companies at once and can determine which policy best meets your needs.

Compare Car Insurance Quotes Instantly

  • Personalized quotes in 5 minutes or less
  • No signup required
  • The car insurance quotes displayed are based on an analysis of Insurify’s database of over 40 million quotes from 500 ZIP codes nationwide. To obtain representative rates, Insurify’s data science team performs frequent comprehensive analyses of the factors car insurance providers weigh to calculate rates including driver demographics, driving record, credit score, desired coverage level, and more.

    Insurify’s analysis also incorporates the Insurify Composite Score (ICS) assigned to each insurance provider. The ICS is a proprietary rating that weighs multiple factors reflecting the quality, reliability, and health of an insurance company. Ratings used to calculate the ICS include Financial Strength Ratings from A.M. Best, Standard & Poor’s, Moody’s, and Fitch; J.D. Power ratings; Consumer Reports customer satisfaction surveys and customer complaints; mobile app reviews; and user-generated company reviews. 

    With the above insights and ranking methods, Insurify is able to offer car insurance shoppers insight into how various insurance providers compare to one another in terms of both cost and quality. Note, actual quotes will vary based on unique attributes including the policyholder’s driver history and their garaging address.

Insurify Insights

How Roswell Drivers Measure Up

While most drivers know that car insurance quotes are determined in part by your personal driving history, many may be unaware that rates are also impacted by the average risk of the drivers around you as well. Check out Insurify's latest analysis of driving records in Roswell, New Mexico below:

Methodology

Drawing from an internal database of over 4 million car insurance applications, the research team at Insurify analyzes patterns in car ownership and driver behavior - including how Roswell drivers measure up to their fellow motorists across New Mexico in areas including speeding, DUIs, and more.
Insurify Insights publishes data-driven articles, trend analyses, and national rankings each week on all factors related to cars and those who drive them.

ford

Ford F-Series Pickup

Most Popular Car in Roswell

#9

City with the Most Speeding Tickets Rank in New Mexico

#7

City with the Most Moving Violations Rank in New Mexico

#5

City with the Most DUIs Rank in New Mexico

#1

City with the Most Suspended Licenses in New Mexico

  • While car accidents are a sadly unavoidable feature of time spent on the road, rates of accidents do vary from city to city and from state to state. Roswell drivers rank 5 in the number of car accidents per driver across all cities in New Mexico.

    • Rank within state: #5
    • Percent of drivers in Roswell with an accident: 7.33%
    • Drivers in Roswell, NM with an accident in their driving history pay on average 53.54% more than drivers with a clean record
  • Exceeding the speed limit can endanger others and leave a permanent stain on your driving record. When compared to other cities in New Mexico, Roswell drivers rank 9 in the number of speeding infractions per driver.

    • Rank within state: #9
    • Percent of drivers in Roswell with a speeding ticket: 9.54%
    • Drivers in Roswell, NM with a speeding ticket in their driving history pay on average 36.22% more than drivers with a clean record
  • While driving while intoxicated is never acceptable, it’s a more common offense than many assume. Roswell drivers rank 5 in the number of DUI’s per driver across all cities in New Mexico.

    • Rank within state: #5
    • Percent of drivers in Roswell with a DUI: 2.2%
    • Drivers in Roswell, NM with a DUI in their driving history pay on average 0% more than drivers with a clean record
  • Some car models are just more popular than others and trends can vary from place to place. The most popular vehicle in Roswell is the Ford F-Series Pickup.

Insurify Insights

Insurify's team of data scientists and content specialists presents Insurify Insights, a series of automotive, home, and health studies focusing on the topics that impact us all. through expert analysis of over 4 million car insurance applications and an array of top data sources, the Insurify Insights team produces new data-driven articles, trend analyses, regional superlatives, and national rankings every week. See Insurify Insights as featured in Forbes, Fox News, USA Today, NPR, and more.

Olivia Oksenhorn
Olivia Oksenhorn
Linkedin

Insurance Writer

Olivia Oksenhorn is an insurance writer at Insurify. With a special focus in auto insurance and personal finance, Olivia works to help policyholders make informed decisions about their insurance. She received a bachelor's degree from the University of Colorado. Before starting at Insurify, she worked as a writer and in newsrooms and nonprofits across Colorado, including Aspen Public Radio and the Aspen Sojourner. You can connect with Olivia on LinkedIn.

Learn More

Sources

  1. New Mexico Motor Vehicle Department. "State Minimum Car Insurance Requirements." Accessed May 28, 2022