Cheapest Auto Insurance in Roswell, New Mexico (2025)
With monthly liability rates of $53, National General is the cheapest car insurance company in Roswell.
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The overall average monthly cost of car insurance in Roswell is $96 — slightly less than the state average of $106 and the national average of $144.
Larger and more densely populated cities, including Albuquerque and Las Cruces, may drive up the state’s average insurance rates. Thanks to an alleged UFO crash in 1947, Roswell attracts some tourism; but its remote location helps minimize traffic.
Here’s what you should know about comparing quotes and finding affordable car insurance in Roswell.
3 of the cheapest car insurance companies in Roswell
The best auto insurance company for you will depend on your specific needs and budget. To find cheap car insurance, it’s a good idea to compare multiple companies before making a decision.
The table below lists the car insurance companies in Roswell with some of the lowest rates; the rates shown are for all of New Mexico.
Best insurer for cheap rates: State Farm
Best insurer for military members: USAA
Best insurer for discounts: GEICO
How to get the cheapest car insurance in Roswell
Several factors determine the price of your car insurance policy, including your age, gender, ZIP code, driving record, type of car you drive, and the amount and type of coverage you want. To find the cheapest car insurance rates available in Roswell, consider the following savings tips:1
Compare multiple insurance companies. The Insurance Information Institute (Triple-I) recommends getting quotes from at least three insurance companies before you make your selection, as policies and prices can vary greatly.
Keep a clean driving record. Generally, the better your driving record, the lower your premium. A history of accidents and other traffic violations can cause your rates to increase.
Increase your deductible. Requesting a higher deductible may result in a lower premium. For instance, raising your deductible from $200 to $500 could reduce your collision and comprehensive coverage by 15% to 30%, according to Triple-I. Raising it to $1,000 can save you 40% or more.
Cheapest liability-only car insurance in Roswell: National General
Nearly every state requires drivers to carry a minimum amount of liability insurance. Liability car insurance provides property and bodily damage coverage for the other driver if you cause an accident. Liability insurance doesn’t cover your medical expenses or damages to your vehicle.
Liability-only car insurance in Roswell costs $61 per month, on average.
The following table provides average monthly quotes for the cheapest liability-only coverage options in Roswell.
Cheapest full-coverage car insurance in Roswell: Progressive
If you want more than the minimum coverage required in your state, you can purchase full-coverage insurance. A full-coverage insurance policy typically includes liability, comprehensive, and collision coverage. If you’re responsible for an accident, full-coverage car insurance will cover your vehicle in addition to the other driver. It also provides coverage due to theft or damage caused by a flood, fire, or a falling tree.
Full-coverage car insurance in Roswell costs an average of $131 per month.
The table below provides average monthly quotes for the cheapest full-coverage auto insurance in Roswell.
Car insurance requirements in New Mexico
In New Mexico, all drivers are expected to have liability auto insurance. Drivers who don’t have the minimum coverage risk having their vehicle registration suspended. New Mexico is an at-fault state, which means the driver who causes the accident will cover the other driver’s medical bills and repairs.
New Mexico’s minimum coverage requirements are shown in the table below:2
Drivers in New Mexico can also choose to purchase additional coverage, including:
Cheapest car insurance for drivers with an incident
When trying to find the cheapest car insurance available, your driving record matters. If you have driving incidents such as at-fault accidents, speeding tickets, driving under the influence (DUI), and other moving violations, you can expect your premiums to go up.3 Insurers see you as a higher risk and charge accordingly.
The table below shows how different driving incidents can affect your liability insurance rates.
Average cost of car insurance by age
Your age is another factor that insurers consider when calculating your premium. Teen drivers and young adults pay the highest car insurance rates due to inexperience and risky driving behaviors.4
Rates start to decrease around age 35 but increase for senior drivers around age 70 when age-related impairments can begin to affect driving ability.5
The table below shows average monthly insurance quotes for Roswell drivers of different ages.
Roswell car insurance quotes by credit tier
New Mexico auto insurance companies are allowed to consider your credit history when calculating your premium. But the state prohibits insurers from using a lack of credit history to calculate insurance premiums.
Insurers use your credit history to generate a credit-based insurance score to help predict the likelihood that you’ll file a claim. Excellent credit can help you secure a lower premium, while poor credit can make it more difficult to access cheap insurance.
The chart below provides average monthly quotes for each credit tier.