A DUI in New Mexico can affect insurance for up to 10 years, depending on how far back the insurance company looks in a driver’s motor vehicle record. Most insurers look back at the past 3-5 years of a driver’s motor vehicle record when calculating premiums, but some look even further for major violations like DUI.
Keep in mind that a DUI will stay on your driving record for longer than it affects your insurance. In New Mexico specifically, a DUI conviction will remain on your driving record for 55 years.
On average, a DUI raises insurance rates in New Mexico by 136%. The exact amount that your rate will go up depends on your insurance company, since each insurer uses a different algorithm to calculate premiums.
If you can’t afford your rate after a DUI, you should shop around for a new policy and compare quotes from at least three different insurers to see if you can get a better deal. In New Mexico, the cheapest car insurance companies after a DUI are State Farm, USAA, and Kemper.
To learn more, check out WalletHub’s guide to DUI insurance.
WalletHub Answers is a free service that helps consumers access financial information. Information on WalletHub Answers is provided “as is” and should not be considered financial, legal or investment advice. WalletHub is not a financial advisor, law firm, “lawyer referral service,” or a substitute for a financial advisor, attorney, or law firm. You may want to hire a professional before making any decision. WalletHub does not endorse any particular contributors and cannot guarantee the quality or reliability of any information posted. The helpfulness of a financial advisor's answer is not indicative of future advisor performance.
WalletHub members have a wealth of knowledge to share, and we encourage everyone to do so while respecting our content guidelines
. This question was posted by WalletHub. Please keep in mind that editorial and user-generated content on this page is not reviewed or otherwise endorsed by any financial institution. In addition, it is not a financial institution’s responsibility to ensure all posts and questions are answered.