Temporary Car Insurance in New Mexico

Read up on the pros, cons, and details of short-term auto insurance in New Mexico.

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If you want some flexibility as far as your car insurance is concerned, you could consider a temporary car insurance policy. However, short-term car insurance is rare for a few reasons.

Some insurers don't provide policies for fewer than six months. Since car insurance is legally required in most states, there's some risk associated with swapping policies every month. You also run the risk of having holes in your car insurance record by swapping policies frequently, resulting in more expensive prices in the future.

Thankfully, auto insurance contracts commonly run only six months. This hasty turnaround allows car insurance companies to frequently “re-rate” — or recalculate — your premium considering your up-to-date driving history and personal profile.

It also gives you a great opportunity to improve your insurance by exploring other car insurers. Getting policies online is free, and there isn't a penalty for changing auto insurance companies when your policy expires — or even mid-policy, as long as you don't let your coverage lapse.

The flexible nature of car insurance makes it relatively simple to buy with limited advance notice. If you're asked to purchase a policy before you can drive a new vehicle off the lot, shopping for a policy for a relatively long-term rental or searching for coverage for a vehicle you don't own but regularly drive, think about purchasing a half-year policy and ending the agreement as needed.

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Temporary car insurance in New Mexico

See below normal car insurance costs in New Mexico, ordered by top auto insurance companies and major cities. If you’re paying substantially more than the rates listed below, think about shopping around.

Insurance CompanyAverage 6-Month RateAverage Monthly Rate
New Mexico State Average — All Companies$667$111
State Farm$532$89
Farm Bureau Mutual$627$105

The most budget-friendly option for single-month auto insurance in New Mexico is USAA, through which you can save $3 monthly, compared to the next-best company, State Farm. In New Mexico, the average monthly cost of auto insurance is $111, or $667 over a six-month period.

Where you store your car can have as large an impact on your insurance rates as the insurance company you choose. Car insurance companies take into account the density and likelihood of a claim being filed when assigning rates by ZIP code. View insurance prices in the biggest cities in New Mexico and compare the amount you’re paying.

LocationAverage 6-Month RateAverage Monthly Rate
Las Cruces$608$101
Rio Rancho$716$119
Santa Fe$678$105

Because of the myriad factors involved in setting insurance rates, your quotes may not match those displayed above. If your current premiums don’t align with those listed above, take some time to compare rates. The temporary duration of a car insurance policy increases the importance of remaining in-the-know and willing to shop.

Learn more about temporary auto insurance or use The Zebra to compare quotes today.


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Kristine Lee
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Kristine is a licensed insurance agent and one of The Zebra’s in-house content strategists. With a background in copywriting, she covers the ins and outs of the home and car insurance industries. She has contributed to numerous publications focused on the nuances of insurance, including Automoblog, USInsuranceAgents.com, and BestCompany.com.