Compare car insurance quotes in New Mexico
Jerry is a free app trusted by 4,423 New Mexico drivers that compares insurance quotes from top carriers.
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Get personalized options in minutes.
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Buy, bundle and switch right in the app.
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Licensed agents are ready to help if you need them.
Average New Mexico car insurance prices
The average cost of car insurance for Jerry drivers in the U.S. is currently $154 a month for state minimum and $382 a month for full coverage. But in New Mexico, Jerry drivers pay less:
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$48 to $90 per month for state-mandated minimum coverage.
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$130 to $223 per month for full coverage.
Drivers who take a few minutes to shop around and compare coverage can often find lower rates. Over the last 12 months, Jerry has helped New Mexicans save an average of $974 per year on coverage just by comparing their options.
Based on Jerry customers with clean driving records who found savings in the past 12 months. Savings depend on coverage and other factors. Potential savings will vary.
Jerry helps you shop offers and lock in your New Mexico car insurance in under 10 minutes. It’s free, entirely online and we never sell your info or flood your phone with calls. If you’d prefer to talk to a real person, you can connect with one of our licensed agents anytime.
Bear in mind that prices vary based on your specific situation, including the age of your car, where you live and how much you drive. Here are some full coverage rates that Jerry drivers in New Mexico have recently gotten:
Recent quotes
Based on Jerry customers with clean driving records who found savings in the past 12 months. Savings depend on coverage and other factors. Potential savings will vary.
Bundle home and auto insurance with Jerry
One of the best ways to save on home insurance in New Mexico is by bundling your car and home insurance. On average, Jerry homeowners save up to 40% by combining coverages.
But here’s what makes Jerry different: You don’t have to use the same insurer for both.
Jerry’s mix-and-match approach lets you pair the best car insurance rate with the best home insurance rate, even from different companies. This way, you’re not stuck overpaying on one policy just to get a bundle discount on the other.
Jerry pulls up to 20 quotes from top rated carriers.
What New Mexico drivers are paying with Jerry
Checking rates with several insurers is the simplest way to land the right coverage, whether you want to tailor a policy from scratch, mirror what you have now or just lock in the cheapest car insurance in New Mexico that you can find.
Jerry helps you compare quotes from up to 9 trusted insurers in the Land of Enchantment, so you can see what’s out there and what you should be paying.
Below are some of the latest quotes Jerry has pulled for New Mexico drivers at different coverage levels, plus how much each driver saved.
Recent quotes in New Mexico
Based on Jerry customers with clean driving records who found savings in the past 12 months. Savings depend on coverage and other factors. Potential savings will vary.
New Mexico car insurance coverage requirements
Drivers in New Mexico are legally required to carry liability insurance coverage. State minimum requirements include:
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$25,000 in bodily injury liability per person.
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$50,000 in bodily injury liability per accident.
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$10,000 in property damage liability per accident.
While this is the minimum insurance you need to buy before you can legally drive in New Mexico, many Jerry drivers actually choose higher liability limits, along with comprehensive and collision coverage. When you also consider that over 24% of New Mexico drivers are uninsured or underinsured, it may also be wise to purchase uninsured/underinsured motorist (UIM) protection.
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Coverage definitions
Factors affecting New Mexico car insurance rates in 2026
High uninsured driver share
Nearly 1 in 4 New Mexico drivers is uninsured, which increases the odds you’ll need your own policy after a crash. UM/UIM coverage is a critical safeguard, especially for injury-related costs.
Monsoons, flash floods, and dust storms
Seasonal storms can hit hard and fast, bringing flash flooding and low-visibility dust conditions that increase both vehicle damage and crash risk. Comprehensive coverage typically applies to many non-collision weather losses, while slowing down in dust storms can prevent a severe collision claim.
High-speed rural roads
Two-lane highways and long stretches between towns often mean higher speeds and fewer quick exits. When crashes happen in these settings, they tend to be more severe, which is why collision coverage and solid liability limits matter.
Vehicle theft exposure
Theft risk is higher in and around Albuquerque and nearby areas, and theft-related losses can push up premiums in certain ZIP codes. Comprehensive coverage is usually what applies to theft and vandalism.
Animal collisions and open-range driving
Outside the cities, drivers may encounter deer and, in some areas, open-range livestock on or near roadways. Collisions with animals can be expensive and are typically covered under comprehensive coverage.
Limited roadside services and towing distance
On remote routes, a breakdown or crash can mean longer waits and longer tows, which adds cost even before repairs begin. Checking whether your policy includes roadside assistance or towing coverage can help keep those secondary expenses from stacking up.
Average cost of car insurance in major New Mexico cities
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City
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Average monthly cost
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|---|
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City
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Average monthly cost
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|---|---|
| $188 | |
| $131 | |
| $171 | |
| $135 | |
| $187 | |
| $147 | |
| $146 | |
| $155 |
Based on Jerry customers with clean driving records who found savings in the past 12 months. Savings depend on coverage and other factors. Potential savings will vary.
Get New Mexico quotes in as little as 2 minutes.
Learn more about driving in New Mexico
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Learn how at-fault states affect your car insurance.
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Understand the 6 main types of car insurance coverage.
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Find out how much car insurance you need.
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Learn about uninsured motorist coverage and why it matters.
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Discover how to get the best car insurance discounts.
FAQ
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Is New Mexico an at-fault state?
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What happens if I drive without insurance in New Mexico?
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Can New Mexico suspend my registration or take my plates if I don’t have insurance?
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Does New Mexico require personal injury protection (PIP)?
Stephanie Colestock is a professional writer, CFEI®, and licensed insurance agent specializing in personal finance. With over 14 years of experience, she crafts insightful and accessible content on a wide range of financial topics, including insurance, loans, credit/debt, investing, retirement planning, and banking.
Her bylines appear in top-tier publications such as TIME, Fortune, MSN, Business Insider, USA Today, Money, Fox Business, and CBS. Stephanie’s deep understanding of complex financial concepts and her ability to communicate them clearly have made her a trusted voice in the industry.
When she’s not writing, Stephanie enjoys SCUBA diving, reading a good book, and traveling the world with her family.