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New Mexico Auto Insurance 
In New Mexico you're financially responsible for the damage and injury you cause in an automobile accident. Liability protection insures you for these potential expenses, and is compulsory in New Mexico.
New Mexico minimum liability limits; $25,000 per person for injuries you cause to the other parties, $50,000 total per accident, and $10,000 for damage you cause to the other party's property. Non mandatory options include medical payments, blanket umbrella, collision, and comprehensive coverage. In New Mexico, 24 percent of all drivers are uninsured, so also consider uninsured (UI) and underinsured motorist (UIM) coverage.
If you are convicted of DUI in New Mexico (Assuming your insurance company doesn't drop you immediately), your insurance costs will increase at least 30%. Buying insurance through a "high-risk" agency will cost substantially more.
If you are high risk (multiple tickets and/or accidents), you may have to get car insurance through the New Mexico Automobile Insurance Plan. It was created to provide automobile insurance coverage to eligible risks who seek coverage and are unable to obtain such coverage through the voluntary market.
Below (again) are the minimal limits.
| State minimums |
Bodily injury liability / person |
Bodily injury liability / accident |
Property damage / accident |
Medical coverage (PIP) |
Uninsured motorist |
| New Mexico |
$25,000 |
$50,000 |
$10,000 |
$0 |
$0 |
Proof of insurance is required when you register the vehicle. The penalties for driving without insurance in New Mexico is a $100 fine. Your insurer must notify Department of Motor Vehicles or other state agency of cancellation or nonrenewal. Your insurer must also verify randomly selected insurance policies upon request.
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