An Inconvenient Necessity in New Mexico: Why is it Mandatory to Have Car Insurance?
Even the best drivers can be liable for things beyond their control. That’s why all drivers in New Mexico must protect fellow motorists by carrying liability auto insurance. As a driver, you might not be able to avoid every driving hazard or accident, but you can be the good guy and make sure you protect other drivers in case something should go wrong by maintaining proper liability insurance. Also, having the right insurance will help you avoid fines as the state of New Mexico has a mandatory requirement for all registered motor vehicles to carry liability insurance.
The Walker Agency: The Insurance Agency That Works for You
If you’re searching for auto insurance in Cibola County or any other part of New Mexico your range of choices may seem overwhelming. At The Walker Agency, we can help you make sense of all the options. We offer a variety of auto insurance coverages for New Mexico drivers of all ages and risk levels.
We believe a properly-written auto insurance policy is readily understandable and easy to comprehend. Our independent New Mexico agents write each policy with that philosophy in mind.
If you don’t understand something, ask us. The Walker Agency is here to answer all your questions, and to provide all the information you need to make informed decisions about car insurance in New Mexico.
What Car Insurance Coverages Are Required in New Mexico?
The state of New Mexico by law requires certain auto insurance coverages. You must have liability insurance in the following minimum amounts to legally operate a vehicle in New Mexico.
- $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.
What Are the Different Types of Car Insurance?
An auto insurance policy can include many different kinds of coverages. We'll work with you to find the coverages that best suit your individual circumstances and needs. We'll remain ever-mindful of your budget and strive to meet all your insurance needs in a timely, professional way. Here are the principal kinds of coverage that your policy may include:
Collision and comprehensive (other than collision) coverages
Collision coverage insures you against damage to your vehicle caused during an accident. Comprehensive (other than collision) coverage insures you against all other physical damage to your car caused by such events as fire, theft, flood, and vandalism.
Liability Coverage
Liability coverage pays for injuries you cause to other people and damage you cause to other people's property when you are at fault in an automobile accident.
Medical Payments coverage
Medical Payments coverage pays medical expenses (up to a specified dollar limit) for you and passengers of your car who are injured in an automobile accident, no matter who is at fault.
Uninsured/Underinsured Motorist coverage
This coverage pays if you are injured by a person who is completely uninsured or doesn't have enough liability Insurance to cover your injuries or damage to your vehicle or property. It also covers you if you are in an accident with a hit-and-run driver.
Optional coverage
Optional or special coverage includes extras such as towing, rental reimbursement, and roadside assistance.
Preferred, Standard & Non-Standard Auto Insurance in New Mexico
At The Walker Agency, we write standard and non-standard auto insurance policies alike.
What is a Non-Standard Auto Insurance Policy?
At The Walker Agency, we know that accidents happen. That’s why we offer coverage for higher-risk, non-standard drivers, too. This group of drivers includes:
- New and younger drivers
- Drivers with SR22s
- Drivers whose record behind the wheel indicates a lack of experience or maturity
- Drivers with numerous accidents and/or tickets
Discounted Car Insurance with Multiple Policies
If you purchase car insurance coverage through one of The Walker Agency’s major carriers, there’s a good chance you’ll be eligible for discounted rates if you already have other policies with us. Whether you’re already a policyholder with The Walker Agency or not, ask us about auto insurance multi-policy discounts.
Discounted Car Insurance with Multiple Policies
If you purchase car insurance coverage through one of The Walker Agency’s major carriers, there’s a good chance you’ll be eligible for discounted rates if you already have other policies with us. Whether you’re already a policyholder with The Walker Agency or not, ask us about auto insurance multi-policy discounts.
For a FREE Quote on Auto Insurance in New Mexico Contact The Walker Agency
At The Walker Agency, we are passionate about proper auto insurance coverage. Our professional auto insurance agents in Farmington and Grants, New Mexico, serve Cibola County, San Juan County, Mckinley County, Sandoval County and beyond and can assist you in finding the right car insurance you need. If you’re ready to start a new friendship with an auto insurance agency that cares, call The Walker Agency today at our Grants location (505) 287-4432 or at our Farmington location (505) 326-4952. Or for a free online auto insurance quote, just fill out the "get a quote form" on our contact page.