| Type: |
|
|
New Mexico Auto Insurance Online – NM Insurance Quote
|
|
The minimum New Mexico Car Insurance Requirements are as follows:
Liability Insurance is a minimum requirement and a low cost car insurance option as long as the vehicle is not financed.
The liability Minimums are 25/50/10 (Bodily Injury and Property Damage)
25/50/10 Explained:
The first 25 represents $25,000, the maximum coverage for one person’s injuries, $50,000 for the total coverage for all injuries sustained in one incident and last but not least $10,000 for the property damage maximum coverage amount.
New Mexico Car Insurance Laws:
Insurance proof is a requirement at registration and of course after an accident. The First Offense penalty is a $300 fine maximum plus suspension of registration.
|
By comparing auto insurance rates for New Mexico Insurance online, you can easily find the best most competitive rate for the auto insurance coverage you need. If you would like to read some of our tips and advice to getting a lower premium on your auto insurance click here. |
