New Mexico Auto Insurance Coverage
New Mexico car insurance coverage your policy must have
- Property damage safeguards your assets if you are found legally responsible for a covered accident. It covers certain damage you may cause to the property or vehicle of another party.
- Bodily injury safeguards your assets if you’re found legally responsible for a covered accident, including certain expenses associated with bodily harm sustained by the other parties.
The minimum amount of New Mexico auto insurance coverage is $25,000/$50,000/$10,000. In the event of a covered accident, your limits for bodily injury are $25,000 per person, with a total maximum of $50,000 per incident. It also covers up to $10,000 for damage to another person’s property.
Liability coverage also provides for your legal defense if a lawsuit is brought against you as a result of a covered accident.
New Mexico auto insurance coverage that’s smart to have
It’s often a good idea to add the following coverages to your policy so you can enjoy the security of being protected on the road:
This type of New Mexico auto insurance coverage is used to repair your vehicle when physical damage occurs from non-collision related incidents (subject to deductible). Such incidents include theft, fire, vandalism, glass breakage, and contact with animals.
Collision coverage is used to repair your vehicle when physical damage occurs from collision with another vehicle or object (subject to deductible).
- Bodily injury helps pay for damages due to bodily injury that you and others are legally entitled to from another driver who is not insured or is underinsured.
Helps pay reasonable medical expenses and essential services for you and others in the event of an accident, regardless of who is at fault.
Tailor your policy with these options
Nationwide Roadside Assistance coverage is available in two different levels, Basic and Plus, so you can choose the one that works best with your budget. Get covered for fuel delivery, lockout service, jump-starts and more.
Good as new vehicle replacement
This feature has various options that offer greater coverage for your new vehicle.
If you can’t drive your car due to a covered loss, this coverage helps pay for a rental car or other transportation expenses so you can get back on the road.
Insurance terms, definitions and explanations are intended for informational purposes only and do not in any way replace or modify the definitions and information contained in individual insurance contracts, policies or declaration pages, which control coverage determinations. Such terms may vary by state, and exclusions may apply.
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