What type of vehicle insurance is required in New Mexico?

Minimum auto liability insurance amounts required in New Mexico are:

  • $25,000 for bodily injury to or death of one person,
  • $50,000 for bodily injury to or death of two or more persons, and.
  • $10,000 for property damage in any one accident.

Is car insurance required in New Mexico?

New Mexico law requires drivers to have auto liability insurance. New Mexico is considered a traditional tort state, which means if you are in an accident with another driver his or her insurance company covers your losses or you have to file a lawsuit to recover disputed damages for injuries and property.

Does New Mexico require uninsured motorist?

No, uninsured motorist coverage is not required in New Mexico, as drivers can reject the coverage in writing.

How do I reinstate my suspended registration in New Mexico?

Any pending action will not be reflected in the driver’s current record. Reinstatement of driving privileges after a 5-year or 10-year revocationrequires an “Order of Restoration” signed by a District Judge. The Court Order must be a certified copy. The applicant must pay a reinstatement fee.

What are the minimum auto insurance requirements in New Mexico?

New Mexico insurance law requires the following auto insurance coverages:

  • Bodily injury liability: Minimum of $25,000 per person and $50,000 per accident.
  • Property damage liability: Minimum of $10,000 per accident.
  • Uninsured motorist bodily injury: Minimum of $25,000 per person and $50,000 per accident*

What is full coverage auto insurance in New Mexico?

Full coverage insurance in New Mexico is usually defined as a policy that provides more than the state’s minimum liability coverage, which is $25,000 in bodily injury coverage per person, up to $50,000 per accident, and $10,000 in property damage coverage.

What is the penalty for driving without insurance in New Mexico?

The penalties for driving without car insurance in New Mexico include: a fine of $300, imprisonment of up to 90 days, and potential suspension of registration.

How much is it to reinstate your license in NM?

But, in any event, after the expiration of your suspension or revocation, you normally must pay a reinstatement fee and might have to meet other conditions before you can legally drive again. The reinstatement fee is generally $25 or $100 (DUI suspensions).

How much does it cost to get your license reinstated after a DUI?

First, you must pay the reinstatement fee of $475 in addition to any other fines resulting from your conviction. The good news though is that you may be allowed to pay this fee on a payment plan, paying $50 or more every 30 days until the entire reinstatement fee of $475 is paid.

What is the cheapest car insurance in New Mexico?

Cheapest Car Insurance Companies in New Mexico

  • USAA: $802.
  • Geico: $983.
  • State Farm: $1,042.
  • Nationwide: $1,126.
  • Progressive: $1,255.
  • Farmers Insurance: $1,504.

What happens if you get in an accident without insurance in New Mexico?

The penalties for driving without insurance in New Mexico include fines, suspension of registration, or imprisonment. New Mexico requires that all drivers have at least $25,000 in bodily injury liability coverage, up to $50,000 per accident, along with $10,000 in liability coverage for property damage.

Is New Mexico a no fault insurance state?

New Mexico’s Fault-Based Insurance Laws States are either considered “fault” or “no-fault.” (New Mexico is a “fault” state.) Fault insurance is the standard for the majority of states and it means the at-fault driver is held responsible for any damages caused by the accident. Seek payment from your insurance company.