Shopping for car insurance can be difficult due to the variety of options and the different coverage needs and priorities of each driver. Insurify analyzed 50 car insurance companies to identify the best car insurance in New Mexico based on key factors like price, discounts, and availability.
Here’s what you need to know about getting the best car insurance in New Mexico.
Best car insurance companies in New Mexico
Before settling on an insurer, it’s a good idea to compare multiple companies to see which company best fits your needs. Below are the five best car insurance companies in New Mexico. While they won’t be the right fit for every driver, they can serve as a great starting point on your insurance search.
State Farm: Best overall
GEICO: Best for discounts
USAA: Best for military families
Nationwide: Best for safe and low-mileage drivers
Farmers: Best for coverage options
How to get the best car insurance in New Mexico
If you’re in the market for car insurance, you have ways to get the best coverage and discounts. Here are five tips to help you choose the best car insurance for your needs.1
Average cost of car insurance in New Mexico
Car insurance in New Mexico costs an average of $68 per month for liability-only coverage and $144 per month for full coverage. Even though rates in New Mexico have risen in recent years, they still remain lower than the national average.
The state has seen an increase in car thefts, which has contributed to the rising premiums.2 But you still have plenty of ways to save on your premiums, and many insurers offer rates well below the national average.