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Low Cost Auto Insurance New Mexico

Low Cost Auto Insurance New Mexico

New Mexico Car Insurance Quotes Fast and Simple!

New Mexico insurance premiums are at an average of $727.60 in New Mexico in the year of 2008. That represented a small decrease in premiums of -0.07 from the precious year of 2007 when the rates were at $732.47. The figures for the year of 2008 represent liability coverage of $444.82. collision coverage at $ 295.97 and comprehensive coverage at $175.40. In that year there were 29 states with higher premiums and 20 with lower. A small at the insurance trend show that insurance premiums were at $674.227 in the year of 2000.

Some of the most common factors effecting insurance premiums are:

  • The speed limits in the cities of 75 and speed limits on the highways of 65.
  • The blood alcohol level is currently at 0.08 and used to factor the premiums.
  • New Mexico does have an Open Container Law that prohibits and driver or passenger to be in possession of an open alcohol container while driving.
  • The use of hand held cell phones varies from jurisdictions and laws.
  • Currently there is no statewide ban on cell phone use by drivers.
  • A first offense of a DUI or DWI your license will be suspended for a period of 90 days.
  • Your driving privileges can be restored after 30 days following the suspension.


Auto insurance premium data for the state of New Mexico:

  • The premium average for the year of 2008 was $727.60
  • compared to the previous year of $732.47.
  • there was a small decrease in premiums for the years of 2007 thru 2008 of -0.07.
  • The cost of collision came in at $295.97,
  • liability at $ 444.82
  • and comprehensive costs at $175.40.
  • The total premium rank for the state of New Mexico was 30.
 
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