Auto Insurance Requirements in New Mexico

auto insurance in New Mexico

Minimum auto insurance requirements in New Mexico are as follows:

New Mexico state requires a minimum of $25,000/$50,000/$10,000 in auto insurance coverage. In a covered accident, your bodily injury limits are $25,000 per person and $50,000 overall per occurrence. Your property damage limits are $50,000. This policy also covers damage to another person’s property up to a maximum of $10,000.

Coverage for legal liability

If you are sued for an accident covered by your insurance, your liability coverage will pay for your legal defense. As a resident of New Mexico, your insurance policy must include two types of liability coverage: property damage and bodily injury while property damage coverage is necessary by law.

  • Property damage insurance protects your assets if you are judged legally accountable for an accident covered by the policy and It also protects you against certain types of harm you may cause to another person’s property or vehicle.
  • The bodily injury portion of your policy protects your assets if you are found legally responsible for a covered accident and expenses related to physical harm incurred by third parties.

Insurance coverages that are optional in New Mexico

It’s a good idea to include the following coverages in your vehicle insurance policy. It is important so you can relax and enjoy the satisfaction that comes with knowing you’ve coverage while driving.


You and other passengers in your car have a legal right to seek compensation from a negligent motorist who is either uninsured or has inadequate coverage and theft, fire, vandalism, glass breakage, and interaction with animals are examples of such occurrences.


Collision coverage covers physical damage to your car by a collision with another vehicle or an item (subject to deductible).

A driver who is uninsured or underinsured

Auto Insurance covers you in the case of an accident in which the at-fault party is either uninsured or underinsured.

  • Bodily injury coverage pays for damages caused by a physical injury and you or other passengers in your car have legal rights against a careless driver who is either uninsured or underinsured.
auto insurance in New Mexico

With these options, you may make your policy unique

Forgiveness in the Event of an Accident

Nationwide will not raise your vehicle insurance premiums if you have this optional coverage after your first at-fault automobile accident.

Assistance on the Roadside

Roadside Assistance coverage is available at two levels across the country which are Basic and Plus. It includes fuel delivery, lockout service, jump-starts, and other services and allows you to choose the best level for your budget.

Excellent as a replacement for a new vehicle

Several alternatives are available for this function, all of which provide better coverage for your new vehicle.

Loss of use and expense for a rental automobile

If you cannot drive your automobile as a result of a covered loss, this policy will assist you in covering the cost of a rental car or other transportation charges to get you back on the road.

Click here to learn more about auto insurance in different states.