Best New Mexico SR-22 Insurance in 2024
New Mexico SR-22 requirements
New Mexico is one of the few states that doesn’t require an SR-22 form. New Mexico requires all drivers to have a minimum amount of liability insurance coverage, but it doesn’t require its drivers to get SR22 insurance after certain driving violations like most states do.
For states that require an SR-22 form, it means the driver committed a driving violation and has been required by their state or court to file it. The SR-22 insurance form is a proof of insurance and it guarantees to the state that you have the minimum amount of insurance coverages required of you and it allows you to drive in the state. SR22 forms are typically required after a driver has been convicted of a DUI, was caught driving without insurance or committed another serious violation.
SR-22 insurance limits in New Mexico
Although New Mexico does not require drivers to have SR-22 insurance after certain convictions, the state still requires all drivers to meet its minimum car insurance coverage. New Mexico drivers are required to have the following car insurance limits:
- $25,000 for bodily injury or death per person
- $50,000 for bodily injury or death per accident
- $10,000 for property damage coverage per accident
Failure to have the mandatory car insurance in New Mexico results in penalties that could include having your vehicle registration suspended and fines.
Who needs an SR22 in New Mexico?
Even though New Mexico does not require its drivers to have SR22 insurance after certain convictions, if you’re a driver in New Mexico and you’re moving to a state that requires SR-22 insurance, you may need to have SR22 insurance in your new state. SR22 insurance is required in a few scenarios in order for you to get your license reinstated.
You could need SR22 insurance for the following reasons:
- Conviction for driving under the influence (DUI or DWI)
- Driving without car insurance
- Driving with a revoked or suspended license
- Having repeated traffic violations in a certain amount of time, including speeding tickets
- Numerous at-fault accidents
- A fatal at-fault accident or one that results in injuries
- Reckless or dangerous driving
- Assignment from a court order
- Failure to pay fines from tickets
- Refused consent to breathalyzer or blood alcohol test
If you’re moving to a new state and need to get SR-22 insurance, you’ll need to get SR22 insurance from an insurance company that offers SR22 insurance in your new state. The form will need to be filed with your new state rather than with New Mexico.
New Mexico SR-22 insurance rates
One of the most common reasons drivers need SR-22 insurance is being convicted of a DUI. If you’ve been convicted of a DUI, while you won’t be required to get SR-22 insurance in New Mexico, your car insurance rates may still be affected because you will be considered a high-risk driver. Drivers who’ve been convicted of a DUI pay an average of $1,600 per year for car insurance, which is 75 percent higher than standard car insurance in New Mexico. In the table below, you can view average insurance rates for drivers in New Mexico who’ve been convicted of a DUI.
| Company | Car insurance rate |
|---|---|
| Progressive | $991 |
| State Farm | $1,297 |
| Farmers | $1,418 |
| USAA* | $1,583 |
| Geico | $1,743 |
| Allstate | $1,948 |
| Nationwide | $2,548 |
*USAA is only available to active and former military members and their families.
These rates are based on a 35-year-old single adult with one driver and one vehicle on a policy. The car used was a 2015 Toyota Highlander LEs. Full coverage was used with 100/300/50 limits and a $500 collision and comprehensive deductible. The driver had 1 DUI on their record. The rates displayed should only be used for comparative purposes as individual rates for high-risk insurance in New Mexico will differ. Rate data is provided by Quadrant Information Services.
While car insurance policies with a DUI are expensive, if you maintain your car insurance while keeping a clean driving record, your rates in New Mexico may go down over time.
How to get SR22 insurance in New Mexico
If you’ve been convicted of a driving violation in New Mexico, you may be considered a high-risk or non-standard driver. This may result in your car insurance rates to increase.
Even though New Mexico doesn’t require an SR22 form, drivers with violations typically associated with SR22 insurance may have a harder time finding an insurance company that will sell them a policy. If you’re considered a high-risk driver, it may be a good idea to shop for a new car insurance company in New Mexico.
Use the table at the top of this page to find all the car insurance companies that offer high-risk insurance in New Mexico with a minimum of 25 car insurance reviews. If you want to see which companies customers say are the best car insurance companies for high-risk insurance in New Mexico, sort the table by highest rated. You can sort through companies and find the ones you want to get quotes from. To get quotes, click on the orange “Click for quote” button next to the company, call the number available or visit the company’s website.
If you want to read customer reviews of the company, click the company name in the table and you will be directed to the company’s profile page containing information about the company and reviews.
SR-22 fees in New Mexico
SR-22 insurance is not required in New Mexico, therefore there are no fees associated with the form.
However, even though drivers don’t have to file the form, they still have to pay fees and face penalties for committing violations. If you are driving without insurance in New Mexico, your vehicle registration will be suspended and the fee to get your registration reinstated is $30.
A DWI is a very costly offense and faces many requirements in order to get your license back. If you’re convicted of a DWI in New Mexico your car insurance rates will increase. You’ll have to pay additional fees to the state and may have to pay court fees. As a result of a DWI conviction, your license could be revoked from 6 months to multiple years depending on the circumstances around your conviction. You could also face jail time.
If your license was suspended for any reason, including a DWI conviction, you’ll be required to pay a license reinstatement fee.