Good news for New Mexico drivers: Jerry’s latest data shows that liability coverage in the Land of Enchantment averages about $227 per month. Over the past year we’ve helped 1,954 New Mexicans bring their premiums down, and drivers who switch with Jerry save an average of $688 per year without giving up the protection they rely on.
Jerry compares quotes from up to 14 trusted insurers in New Mexico to build your policy and help you secure your best price in minutes.
Save on New Mexico insurance with Jerry
What New Mexico drivers are paying right now
Insurance rates in New Mexico move more than most people expect. Wide-open rural highways, high uninsured-driver rates, harsh desert weather and urban traffic in places like Albuquerque and Las Cruces all affect what you pay. Even two drivers with similar profiles can end up paying very different premiums based solely on their ZIP code or driving habits.
Jerry tracks live quotes statewide so you can see a real-time picture of what New Mexico drivers actually pay today. Below are recent full coverage policies purchased through Jerry and what those drivers paid.
Recent quotes
Based on Jerry customers with clean driving records who found savings in the past 12 months. Savings vary by state, coverage, driver profile and other factors.
Key takeaway: Check your rates periodically. In New Mexico, anything from a summer dust storm to minor changes in your driver profile can shift your premium by the time renewal arrives.
4 easy ways Jerry helps New Mexico drivers save on car insurance
Finding the cheapest policy upfront isn’t the only goal. Real savings come from understanding what shapes your rate in New Mexico and adjusting only the elements that won’t compromise your protection.
Jerry compares real quotes, uncovers discounts you might not know about and shows you exactly where you can save.
| How to save | Average New Mexico driver savings |
|---|---|
| Compare quotes | 38% to 54% |
| Stack discounts | 28% to 52%* |
| Pick the right deductible | 13% to 71%* |
| Opt into telematics | 24% |
*Among all Jerry drivers nationwide.
Based on Jerry customers with clean driving records who found savings in the past 12 months. Savings vary by state, coverage, driver profile and other factors.
Jerry Agent Tip 1: Compare quotes from multiple insurers
New Mexico’s landscape and driving conditions are as varied as its pricing. You’ve got dense city traffic in Albuquerque, high-speed rural stretches along I-40 and I-25, monsoon-season flooding, dust storms and some of the highest uninsured-driver rates in the country. Each insurer weighs these risks differently, which is why prices can swing wildly between companies.
Comparing quotes side by side with Jerry is the fastest way to avoid overpaying.
Here’s where New Mexico drivers who saved most often switched after checking their rates with Jerry:
| Insurance carrier | New Mexico drivers who switched | Average Jerry savings |
|---|---|---|
| Progressive | 33% | 32% |
| Bristol West | 25% | 38% |
| Dairyland | 8% | 27% |
| National General | 8% | 33% |
| Root | 8% | 32% |
Based on Jerry customers with clean driving records who found savings in the past 12 months. Savings vary by state, coverage, driver profile and other factors.
Why it matters: Two New Mexico drivers with nearly identical profiles can still end up with very different premiums, especially if one lives in a high-theft corridor or commutes long distances. Jerry shows you those differences instantly so you can choose your best value.
Jerry Agent Tip 2: Combine discounts for a cheaper rate
Most New Mexico drivers qualify for several discounts like good-driver incentives, paperless billing, multi-policy savings, anti-theft devices and good-student discounts. Insurers don’t always apply them automatically, though, so many drivers leave money on the table.
Jerry flags the discounts you qualify for so you don’t miss out.
Key takeaway: Stacking discounts often produces stronger savings than raising your deductible alone.
Jerry Agent Tip 3: Pick the right deductible
Choosing your deductible is one of the quickest ways to influence your premium. New Mexico drivers face everything from monsoon floods and dust storms to wildlife collisions in rural areas, so choose a deductible you can realistically afford if you need to file a claim.
Here’s what Jerry drivers are choosing for their deductibles:
To find the best deductible for your policy:
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Review your car’s value (Jerry updates this monthly).
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Pick a number you could pay out of pocket without stress.
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Compare how each deductible option changes your rate instantly.
The Jerry difference: We show real-time prices for multiple deductible levels so you can find a balance between cost and protection that fits your life.
Jerry Agent Tip 4: Avoid a lapse in coverage
A break in insurance coverage is expensive in New Mexico. Jerry data shows drivers who experience even a short lapse see their rates jump by 15% on average when they reinstate their policy. Choosing a policy you can comfortably keep month after month is the surest way to avoid those penalties.
With Jerry, you can compare real-time pricing across multiple coverage levels and find something sustainable. Once you’re covered, we’ll re-shop your policy automatically to keep your price competitive.
Get personalized car insurance rates now
How to get better coverage without overpaying
New Mexico requires 25/50/10 liability coverage, but that minimum won’t protect your car or cover many real-world losses. These are the coverage tiers you’ll see when shopping:
Minimum
$48 – $89/mo
Meets New Mexico’s liability requirements but does not cover damage to your own vehicle.
Standard
$128 – $219/mo
Builds on full coverage with UM/UIM and medpay, especially valuable in a state with many uninsured drivers.
Preferred
$154 – $258/mo
Higher limits, lower deductibles and extras like towing or rental reimbursement equal maximum protection.
Key takeaway: Start with your comfort around risk and your car’s value. Jerry shows real-time pricing for each coverage level so you can choose confidently.
The cheapest policy in Alabama is liability-only, but there are plenty of affordable add-ons that can make a big difference when you need them most. Here’s a quick look at what each type of coverage does.
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Coverage definitions
New Mexico insurance factors at a glance
Insurance costs in New Mexico are shaped by real, on-the-road conditions across the state’s cities, small towns and desert highways. Here’s what matters most and how to protect yourself.
High uninsured driver rates
Nearly 1 in 4 New Mexico drivers is uninsured, making UM/UIM coverage absolutely essential.
Desert weather
Monsoon storms, flash flooding and dust storms can cause sudden and costly damage.
Rural crash severity
High-speed two-lane roads mean accidents often result in more expensive claims. So collision coverage is important.
Theft risk drivers
Vehicle theft rates are higher around Albuquerque and nearby areas, making comprehensive coverage valuable.
New Mexico Insurance After a Ticket, Accident or SR-22
Jerry ensures that one mistake doesn’t define your rate for years. We work with insurers that consider your full profile, not just your last violation, and we automatically re-shop your policy as your record improves.
If you got a ticket
New Mexico uses a point system, and violations like speeding, failure to yield and distracted driving add points that stay on your record for years. Even a single ticket can increase your premium significantly, though some drivers may qualify for a defensive driving course to soften the impact.
Jerry monitors your record when you sign up in the Jerry app, then re-shops your rate once the violation clears.
Here are the average rate increases we’ve seen for New Mexico drivers after a ticket:
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Speeding under 15: 5%
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Speeding over 15: 10%
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Failure to obey traffic sign: 8%
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Reckless driving: 60%
Based on Jerry customers with clean driving records who found savings in the past 12 months. Savings vary by state, coverage, driver profile and other factors.
If you’ve had an accident
New Mexico is an at-fault state, meaning the responsible driver pays for damages. An at-fault accident raises premiums by 19%, on average and often remains on record for three to five years. Jerry finds your best available rate immediately then re-shops your policy once the accident drops off.
Rates after an accident, full coverage
|
Accident record
|
Average monthly quote
|
|---|
|
Accident record
|
Average monthly quote
|
|---|---|
| Not At Fault | $392 |
| At Fault With Injury | $399 |
| At Fault With No Injury | $439 |
Based on Jerry customers with clean driving records who found savings in the past 12 months. Savings vary by state, coverage, driver profile and other factors.
If you’ve been convicted of a DUI
A DUI brings steep rate increases in New Mexico, often -13% or more, and the effects can last for years. Some insurers still offer more reasonable high-risk pricing, and Jerry helps you find them.
Here are the five cheapest insurers for New Mexico drivers with a DUI:
|
Insurer
|
Avg monthly rate after DUI
|
Offers coverage after DUI
|
|---|
|
Insurer
|
Avg monthly rate after DUI
|
Offers coverage after DUI
|
|---|---|---|
| $149 | Yes | |
| $182 | Yes | |
| $182 | Yes | |
| $231 | Yes | |
| $244 | Yes |
Based on Jerry customers with clean driving records who found savings in the past 12 months. Savings vary by state, coverage, driver profile and other factors.
If you need an SR-22 in New Mexico
New Mexico may require an SR-22 filing if you’re convicted of certain serious violations, drive without insurance or are involved in an at-fault crash while uninsured. An SR-22 isn’t special insurance — it’s a certificate your insurer files with the state to prove you’re carrying at least the minimum required coverage.
In the Jerry app, you can select the SR-22 option and we’ll show you only insurers that handle these filings. Some carriers charge a small fee to process the SR-22, typically around $25 per year.
Car Insurance with Bad Credit
New Mexico allows insurers to use credit-based insurance scores when setting rates, but credit is only one factor. A clean record, consistent coverage and smart deductible choices often influence your premium even more.
Jerry compares prices instantly so you can see which companies are more forgiving on credit.
Average rates in New Mexico by credit score
Based on Jerry customers with clean driving records who found savings in the past 12 months. Savings vary by state, coverage, driver profile and other factors.
Drive with confidence
New Mexico’s mix of desert storms, mountain highways, rural crash patterns and urban theft risk means the best insurance plan is the one tailored to how you actually drive. Jerry makes it easy to build a policy that fits your real day-to-day life and re-shop it automatically as your price improves.
Get personalized car insurance rates now
Methodology
To find the cheapest car insurance in each state, we use proprietary, real-world quotes from drivers — not third-party estimates. Each shopping journey includes multiple rounds of quotes, with information verified along the way.
At every stage, we aggregate and anonymize data to protect privacy and ensure accuracy. Because Jerry has delivered millions of quotes, often with multiple offers per driver, our datasets are large enough to avoid bias toward any one region, carrier or driver type.
Unlike other sites that rely on modeled rates, Jerry is a licensed insurance broker in 48 states, giving us firsthand visibility into how quotes are generated and validated.
Unless otherwise stated, rates reflect the last six months of verified full-coverage quotes for clean-record drivers. Data involving accidents or credit uses the last 18 months to ensure reliability.
Read more about Jerry’s data gathering and verification processes
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.
Ben Moore is a writer and editor at Jerry and an auto insurance expert. He previously worked as a writer, editor and content strategist on NerdWallet’s auto insurance team for five years. His work has been published in The Associated Press, Washington Post, Chicago Sun-Times, MarketWatch, Nasdaq and Yahoo News. He also served as a NerdWallet spokesperson, with appearances on local broadcast television and quotes in Martha Stewart and Real Simple magazine.
Ben has an extensive background in digital marketing, working on affiliate and programmatic advertising campaigns for brands like Cabela’s, H&R Block and Sears. He holds a bachelors degree in marketing from Olivet Nazarene University.
