New Mexico Car Insurance Discount
Reader’s Question:
Are there ways for me to be able to save on my next auto insurance policy in New Mexico?
Bethany
Albuquerque, NM
There are always ways, Bethany.
If you are a student, you can always avail of discounts for auto insurance by availing for student discounts which are given to students which have at least a B in school. If you are not a full time student any more, some insurance companies offer auto insurance discounts to continuing education students and also to those who are taking defensive driving lessons.
It can also help you if you drive less. People who have auto insurance policies but drive their car less are less likely to have an accident. There are some auto insurance companies that check your odometer every year and you can get a considerable discount if your mileage stays below a certain amount, say 6,000 driving miles. So you can start thinking of carpooling or taking public transportation or ride your bicycle to save on car insurance premiums.
It might sound new to you, because it did to me the first time, but having a good credit history will result to a lower auto insurance premium in New Mexico. There is apparently a correlation between driving records and credit history. Considerably, people with bad credit are seen as less conscientious or less stable and can also be high risk drivers. By having stellar credit histories, you can also enjoy lower insurance premiums!
Car Insurance DUI New Mexico
Reader’s Question:
In New Mexico how long does a DWI/DUI on a driving record?
Rita
Albuquerque, NM
A conviction for a DWI /DUI in New Mexico will stay on your NM driving record for 25 years.
New Mexico has some of the strictest penalties for DUI in the whole country. These penalties may include going to jail, paying court costs and fees, paying fines up to $5,000, mandatory community service, having your driver’s license revoked for a year. To get your license back after the revocation for the DWI/DUI is over, there are license reinstatement fees of $100 that you must pay .
The NM state might also order you to go through treatment and install an ignition interlock device on your car once you are able to operate a vehicle again.
To more information on the penalties for being convicted of DUI in New Mexico, contact the Motor Vehicle Division of the NM Taxation and Revenue Department.
New Mexico Auto Insurance Cost
Reader’s Question:
I currently live in North Carolina and I am just wondering if there is way to compare the auto insurance cost in New Mexico and NC to see what the differences are going to be? I’m trying to check what differences in costs became I am thinking of relocating.
Julia
Albuquerque, NM
The best way is to get an auto insurance quote in New Mexico and compare it to your current insurance rates in North Carolina.
The state of North Carolina requires minimum Bodily Injury Liability coverage of $30,000 per injured person up to a total of $60,000 per accident, and a minimum limit of $25,000 for Property Damage Liability coverage .
The New Mexico State law follows a Tort system meaning an individual must be found to be at fault for causing the accident, and that person and their insurance provider is responsible for all the damages. You should be aware that the specifics of a tort system differ from state to state.