McKayla Girardin, Car Insurance Writer
The cheapest full coverage insurance in New Mexico is from Geico, which charges $158 per month, on average. In comparison, the average cost of full coverage in New Mexico is $318 per month.
In general, the easiest way to make sure you’re getting the cheapest full coverage car insurance possible is to compare quotes from several companies and take advantage of all the discounts you qualify for.
Cheapest Full Coverage Car Insurance in New Mexico
- Geico – $158 per month
- USAA – $160 per month
- State Farm – $173 per month
- Central Mutual – $193 per month
- Nationwide – $216 per month
Note: Premiums are for a good driver in New Mexico; individual premiums will vary.
Full coverage car insurance in New Mexico costs an average of 266% more than minimum coverage policies because full coverage policies typically consist of comprehensive and collision insurance as well as any coverage required by state law.
To learn more, check out WalletHub’s picks for the cheapest full coverage car insurance nationwide.
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