Car insurance in New Mexico
New Mexico is an at-fault state with a minimum liability requirement of 25/50/10. Here's what that means, what it costs, and what to check before you buy.
What the minimums actually mean
$25,000 per injured person, $50,000 total per accident for injuries, and only $10,000 for property damage - one of the lowest PD minimums in the country. An alternative is a $60,000 surety bond or cash deposit with the State Treasurer instead of insurance.
UM/UIM coverage must be included by default in every auto liability policy under state statute, but the named insured may reject it in writing - so it's on by default rather than something you opt into.
Estimated cost
$457 a year for minimum coverage, $2,158 for full coverage2
Average annual premiums in New Mexico for a 40-year-old with a clean record and good credit, driving a 2023 Toyota Camry. Full coverage here means 100/300/50 liability plus collision and comprehensive.
Why this is an average, not a quote
SR-22 & high-risk filings
Commonly triggered by a DWI/DUI conviction, driving uninsured, an at-fault accident while uninsured, or excess points; typically about 3 years.
Local conditions worth knowing
New Mexico is consistently cited among the states with the highest traffic-fatality rates in the country, and ranks among the worst nationally for drunk-driving-related deaths.
Frequently asked
- What is the minimum car insurance requirement in New Mexico?
- New Mexico requires liability limits of at least 25/50/10. $25,000 per injured person, $50,000 total per accident for injuries, and only $10,000 for property damage - one of the lowest PD minimums in the country. An alternative is a $60,000 surety bond or cash deposit with the State Treasurer instead of insurance.
- Is New Mexico an at-fault or no-fault state?
- New Mexico is an at-fault state for car insurance claims.
- Do I need an SR-22 in New Mexico?
- Commonly triggered by a DWI/DUI conviction, driving uninsured, an at-fault accident while uninsured, or excess points; typically about 3 years.
- Is uninsured motorist coverage required in New Mexico?
- UM/UIM coverage must be included by default in every auto liability policy under state statute, but the named insured may reject it in writing - so it's on by default rather than something you opt into.
Sources
- MoneyGeek, Minimum car insurance requirements by state, October 1, 2026.
- Bankrate, using Quadrant Information Services rates (November 2025), Average cost of car insurance, updated June 5, 2026.
Figures checked against these sources on October 2, 2026.
See what fits your situation in New Mexico
Two minutes, no phone number required until the last step.
Start the match →