Roswell, NM Car Insurance

Find the right car insurance policy for you.


Roswell is the fifth-largest city in New Mexico. Whether you’re traveling northeast on US-70 or east on US-380, a car accident can happen at any time on the busy roads of Roswell. Car accidents can be financially devastating, especially for the at-fault driver. But car insurance can help you recover and get back out on the road with confidence. Our independent insurance agents can assess the unique risks you face as a Roswell driver. Local, friendly agents will work hard to find you an auto insurance policy that meets your needs and doesn’t break the bank. 

Is Car Insurance Required in Roswell, New Mexico?

All vehicle owners in New Mexico are required to have a minimum amount of auto insurance that includes the following types of coverage:

  • 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

Car insurance protects drivers from the financial consequences of car accidents and other mishaps. New Mexico requires all drivers to have a minimum amount of auto liability insurance to pay for vehicle damage and medical bills for other drivers if they cause an accident. But the minimum liability limits are rarely enough coverage. Most people need higher limits that offer better protection for serious accidents. 

And optional coverage like comprehensive and collision coverage help you pay for your own vehicle if it is damaged, stolen, hit by a falling tree, or caught in a hailstorm. Talk to a local independent insurance agent about the right coverage limits for your family. And learn about optional coverage that fits your needs and budget. 


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How Much Does Car Insurance Cost in Roswell, NM?

New Mexico has the 28th highest average car insurance rates in the US. Rates in Roswell tend to be higher than the state average. 

  • National average annual car insurance cost: $1,311
  • New Mexico average annual car insurance cost: $1,237
  • Roswell average annual car insurance cost: $1,306

It’s a good idea to know the factors that influence your local car insurance rates. Insurance companies evaluate several of your personal risk factors, such as your age, gender, and marital status, where you live, your claims history, the kind of car you drive, and the number of cars and drivers in your household. Insurance companies are concerned with how likely you are to file a claim and the cost of repairing or replacing your vehicle if it is stolen, damaged, or totaled. That’s why the type of car you drive is so important in determining the cost of car insurance. Here are some examples that can help you predict your cost of coverage:

  • New cars generally cost more to insure than older models. 
  • Luxury vehicles usually cost more to insure than modestly priced vehicles. 
  • Hybrids typically cost more to insure than similar gas-powered cars. 
  • Sports cars usually cost more to insure than minivans. 

If you want to save on your Roswell car insurance, choose your car wisely. An independent insurance agent can help you obtain quotes and information so you can make an informed decision. 


Save on Car Insurance

Our independent agents shop around to find you the best coverage.

Number of Uninsured Motorists in New Mexico

New Mexico has a very high percentage of uninsured drivers, even though auto insurance is required by law for every driver. Uninsured motorist coverage is essential for New Mexico vehicle owners because it protects responsible drivers from those who fail to purchase insurance.

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

If an uninsured driver hits you, uninsured motorist coverage will pay to fix your vehicle and handle your medical bills. The state of New Mexico does not require you to have uninsured motorist coverage. 

Number of Auto Thefts in New Mexico 

Roswell has a low auto theft rate, which means you are not very likely to have your car stolen if you live there. 

  • National auto theft rate per 1,000 vehicles: 2.94
  • New Mexico auto theft rate per 1,000 vehicles: 5.64
  • Roswell auto theft rate per 1,000 vehicles: 2.12

No matter where you live, you need to protect your car from auto theft. And you need good auto insurance to help you pay to replace your car if it is stolen. The comprehensive coverage portion of your Roswell auto insurance policy will reimburse you for your lost or damaged car. Comprehensive coverage also helps you pay if falling objects, floods, structure fires, or other hazards cause damage to your car.  A local independent insurance agent can help you review the cost to include this coverage in your policy.

Why Contact an Independent Insurance Agent?

Affordable auto insurance is just a few clicks away for Roswell residents. Independent insurance agents aren’t tied to a single insurance company. They work with multiple carriers so you have options for your family’s protection. 

Get Roswell auto insurance quotes from a local agent now. 

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