Clovis Car Insurance

Your Complete Guide to Clovis, NM Car Insurance

Find the right car insurance policy for you.

Smiling woman in the showroom enjoying luxury car

Clovis is a town near the Texas border in eastern New Mexico. Whether you’re heading into town on US Route 70 or heading towards Texas on Route 60, you can be involved in a crash at any time. But with car insurance, Clovis drivers can feel more secure as they go about their busy lives. Car insurance is the best way to protect your assets from the costs of car accidents and other mishaps on the road. Local independent insurance agents make shopping for the right car insurance policy easy. They can work with multiple insurance companies, so you can compare quotes and make sure you are getting the high-quality, best-value coverage you desire. 

What Are the New Mexico Car Insurance Requirements?

The state of New Mexico requires all vehicle owners to have a minimum amount of coverage, including:

  • Bodily injury liability: Required
  • Property damage liability: Required
  • Personal injury protection (PIP): Not required
  • Uninsured motorist coverage: Not required
  • Minimum liability limits: 25/50/10; coverage up to $50,000 for all persons injured in an accident, subject to a limit of $25,000 for one individual; and $10,000 coverage for property damage

Your New Mexico car insurance policy can help you pay for any medical bills or car repairs if you are at fault for an accident. It can also help you pay if your car is stolen or damaged in some other way. Auto liability coverage, which pays for car repairs and medical bills for other drivers if you cause an accident, is required for all drivers in New Mexico. But the costs of a serious accident can easily surpass the minimum liability insurance limits required by the state.

If you don’t have enough coverage, you’ll have to pay out-of-pocket for all of the expenses that exceed your policy limits. And if you’re sued for additional damages, you’ll probably have great difficulty covering the costs. Your independent insurance agent can help you determine which coverage limits are sufficient to best protect you and your family. 

How Much Does Car Insurance Cost in Clovis, NM?

New Mexico is the 28th most expensive state for car insurance. Average car insurance rates in Clovis are lower than both the state and national averages. 

  • National average annual car insurance cost: $1,311
  • New Mexico average annual car insurance cost: $1,237
  • Clovis average annual car insurance cost: $1,181

Car insurance is a necessity for Clovis drivers. But don’t settle for a one-size-fits-all approach. Your cost of coverage should be based on your unique characteristics, such as where you live, the make and model of your car, and how far you drive to work or school every day. What’s more, you should evaluate multiple policy options to make sure you are picking the right mix of coverage for your needs, without breaking the bank. 

Ultimately, insurance companies base your premiums on how big of a risk you are to insure. Young drivers are less experienced behind the wheel and are considered to be riskier than older, more experienced drivers. Teens and young adults should always expect to pay more for car insurance than older drivers. Fortunately, insurance companies typically offer a variety of discounts to help offset some of the costs for most drivers—even teens. Your independent insurance agent can help you maximize the discounts that you are eligible for. 

What Is the Number of Uninsured Motorists in New Mexico?

Driving without car insurance is against the law in New Mexico. Unfortunately, many residents drive without the required coverage. In fact, New Mexico has the third-largest percentage of uninsured drivers in the US. 

  • How many US drivers are uninsured? 12.6%
  • How many New Mexico drivers are uninsured? 20.8%

Drivers without insurance cannot pay for accidents that they cause. That's where uninsured motorist coverage comes in. If you have uninsured motorist coverage, your insurance company will pay for your covered damage and expenses (up to the policy limits) and may attempt to collect compensation from the offending driver, as well. Some states require drivers to purchase a minimum amount of uninsured motorist coverage. New Mexico does not require you to have it. 

What Is the Average Number of Auto Thefts in New Mexico?

New Mexico has a higher-than-average auto theft rate. The auto theft rate in Clovis is higher than the national average but lower than the state average. 

  • National auto theft rate per 1,000 vehicles: 2.94
  • New Mexico auto theft rate per 1,000 vehicles: 5.64
  • Clovis auto theft rate per 1,000 vehicles: 4.20

Remember, cars can be stolen anywhere. No matter where you live, be sure to use common sense deterrents to protect your car from theft. If you have a Clovis auto insurance policy, be sure to select comprehensive coverage so you can be reimbursed if your car is stolen, vandalized, or damaged by circumstances other than being in a collision (falling tree, storm damage, etc.) An independent insurance agent in Clovis can help you review the cost to include this coverage in your policy.

Why Contact an Independent Insurance Agent?

Independent insurance agents can get quotes from multiple insurance carriers so you have a variety of affordable options. Independent agents can assess your risks and answer your questions so you can find the coverage that best fits your needs and budget. 

Contact an insurance agent in or near Clovis to start comparing customized car insurance quotes. 

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