New Mexico Car Insurance
Each insurance company has their own set of rating criteria, so the rates from one insurer may be significantly different from another. Insurance companies base their rates on many different factors, some of which are not under your control.
It only takes about five minutes to get multiple estimates from different companies in your area.
New Mexico Drivers Save 40% or More!
Prepare to pay more for physical damage coverage than liability coverage. Liability averages about $449, while physical damage insurance costs $456 for the average New Mexico driver. Keep in mind when getting a New Mexico car insurance quote that the New Mexico state minimum liability limits are 25,000/50,000/10,000. You will want to buy more liability insurance than that however.
Many consumers still prefer to use an insurance agent rather than buying insurance on the web. More and more people every year use our online quote form to save time and find lower New Mexico car insurance rates.
Buy Online or Find a New Mexico Agent
The internet makes it very easy to buy auto insurance online, and by comparing quotes from different New Mexico insurers you can make sure you're not paying too much. Liability rates on average cost approximately $449 of your insurance premium, which when compared to the physical damage coverages of comprehensive and collision, is quite affordable.
Many New Mexico consumers can lower their rates substantially by comparing apples-to-apples quotes.
Both New Car and Used Car Insurance Quotes
Local New Mexico insurance agents can give you quotes from many companies approved to sell insurance in New Mexico, and they also provide you with professional advice and guidance.
Car insurance rates don't always go up, and in fact they do decrease occassionally. There is a very good chance that you are currently paying too much for car insurance.
New Mexico Low-Cost Car Insurance
With over 2,009,671 people in the state of New Mexico, you wouldn't think one of the most stolen vehicles in New Mexico would be a 2005 Dodge Ram Pickup, but it is. But don't think that your car can't be stolen just because you live in New Mexico. If you own a home in New Mexico, a good way to save money on your car insurance is to combine your auto and home policies with the same company.
Tips for Saving Money on New Mexico Car Insurance
- New Mexico Senior citizens can often receive cheaper car insurance rates
- Having a longer policy term or paying your premium in full can save money
- Only buy roadside assistance or towing coverage on vehicles you may need it on
- Insurance companies reward policy holders who stay with their company for a longer period of time by giving a small discount
- Consider dropping physical damage coverage on older vehicles
- Belonging to certain professional organizations can earn you a discount
- Claim free insureds may receive discounts off their rates
- If you get a speeding ticket, check to see if you can keep the ticket from your driving record by taking an approved New Mexico driving class
- Compare New Mexico car insurance rates and see if you're spending too much on car insurance!
Independent insurance agents are able to provide you with insurance quotes from multiple different carriers so if you are comparison shopping, make sure to include an independent agent in your list. Liability insurance is a coverage that is very affordable and state minimum requirements are usually not enough insurance for most people.
Why throw money away on high car insurance rates? Click to start a quote!