New Mexico car insurance: minimums, prices and your estimate
New Mexico requires at least $25,000 of bodily injury liability per person, $50,000 per accident, and $10,000 of property damage liability (written 25/50/10).
New Mexico is an at-fault state with no PIP requirement. Uninsured motorist coverage comes with every policy unless you reject it, and a 2025 report for the state legislature cited an estimate that 21.8% of New Mexico drivers are uninsured, versus 12.6% nationally.
- Legal minimum
- 25/50/10
- Fault system
- At-fault
- Personal injury protection
- Not required
- Uninsured motorist
- Must be offered; you can turn it down
- Underinsured motorist
- Must be offered; you can turn it down
- Credit-based pricing
- Allowed
- Gender-based pricing
- Allowed
- High-risk proof filing
- Check with NM MVD
What drivers in New Mexico can expect to pay
Monthly ranges from our model, anchored to New Mexico's position in 7 published price studies from 2025 and 2026 ($2,486 a year for full coverage and $639 for minimum coverage for a standard adult driver; which studies). Suburban ZIP code, mid-size sedan a few years old.
| Driver | Estimated monthly | About per year |
|---|---|---|
| Adult, full coverage35, clean record, 100/300/100, $500 deductibles | $178-$236 | $2,486 |
| Adult, state-minimum coverage35, clean record, only what the law requires | $46-$61 | $639 |
| Young driver, full coverage20, own policy, clean record | $332-$498 | $4,972 |
| Senior, full coverage70, clean record | $171-$227 | $2,387 |
| After one at-fault accident35, full coverage | $268-$354 | $3,729 |
| After a DUI35, full coverage | $312-$468 | $4,674 |
| Poor credit35, clean record, full coverage | $318-$458 | $4,649 |
Build your New Mexico estimate
Rules worth knowing in New Mexico
- Uninsured motorist coverage, which also protects you against underinsured drivers, must be at least 25/50 and can go up to your liability limits. If you reject it, your insurer does not have to include it at renewal unless you ask for it in writing.
- New Mexico's Office of Superintendent of Insurance lists location, vehicle, driving history, gender, age and insurance credit score among the factors insurers use to set rates.
- Insurers report your coverage to a state database, and your registration is suspended if you do not provide proof of insurance within 30 days of a notice of noncompliance.
- Instead of a policy, you can meet the law with a surety bond or cash deposit of $60,000 with the New Mexico State Treasurer.
- If you are required to file an SR-22 or similar proof of insurance, New Mexico sets how long you must keep it, so check with the New Mexico Motor Vehicle Division.
Questions about New Mexico car insurance
What is the minimum car insurance in New Mexico?
New Mexico requires at least $25,000 of bodily injury liability per person, $50,000 per accident, and $10,000 of property damage liability (written 25/50/10).
How much is car insurance in New Mexico per month?
For a 35-year-old with a clean record, our model puts full coverage at about $178 to $236 a month and state-minimum coverage at about $46 to $61. Age, record, car, ZIP code and the company you choose move the real number a lot.
Is New Mexico a no-fault state?
At-fault (tort) state: the driver who causes a crash, and their insurer, pays for the other side's injuries and damage.
Can insurers in New Mexico use my credit score?
Yes. Many insurers in New Mexico use a credit-based insurance score, so better credit usually means a lower price.
Do I need an SR-22 in New Mexico?
Only if a court or the state requires one, usually after a serious violation or a lapse. If you are required to file an SR-22 or similar proof of insurance, New Mexico sets how long you must keep it, so check with the New Mexico Motor Vehicle Division.