State profile · NM · CMS + NAIC
New Mexico drivers average $1082/yr for auto insurance, ranked #30 of 51 states by expenditure; federal marketplace denial filings are not reported for this state-based exchange.
The verdict
New Mexico runs its own health-insurance marketplace, so federal claim-denial data isn't reported here, but drivers pay an average $1082 a year for auto cover, below the $1191 national average (the 30th-most-expensive of 51 states), up 16% since 2019.
2019: $933 average expenditure
$933 avg expenditure
2020: $904 average expenditure
$904 avg expenditure
2021: $893 average expenditure
$893 avg expenditure
2022: $958 average expenditure
$958 avg expenditure
2023: $1082 average expenditure
$1,082 avg expenditure
What this shows New Mexico drivers' average auto cost rose 16% between 2019 and 2023.
Year over year, New Mexico's average auto expenditure rose 13.0% from 2022 to 2023, part of a 16% increase (+$149) since 2019. See the full 5-year state-by-state comparison.
New Mexico auto rates in detail →New Mexico: $1082/yr average auto expenditure (this state)
$1,082 avg expenditure
Minnesota: $1103/yr average auto expenditure
$1,103 avg expenditure
Oklahoma: $1085/yr average auto expenditure
$1,085 avg expenditure
Alabama: $1081/yr average auto expenditure
$1,081 avg expenditure
West Virginia: $1063/yr average auto expenditure
$1,063 avg expenditure
No issuer-level claim-denial data is reported for New Mexico in the current CMS dataset.
Evidence map
The order below follows the evidence with the greatest bearing on this state record, while keeping the CMS claims filing, NAIC cost series, and state-rule context distinct.
Auto-cost position
New Mexico's 2023 average auto expenditure was $1082, 30th of 51 jurisdictions by cost and 9.2% below the national average. The figure reflects the coverage mix recorded by NAIC, not an individual driver's quote.
State insurance rules
New Mexico uses an at-fault (tort) auto-insurance system: the driver responsible for an accident, or their insurer, is liable for the other party's damages -- unlike the 12 no-fault states. New Mexico's insurance commissioner is an appointed office (in most states, by the governor), not an elected position -- one of 39 states structured this way.
Nearest expenditure peers. By average auto expenditure, New Mexico's closest peers in PlainInsurer's dataset are Alabama ($1081/yr) and Oklahoma ($1085/yr) -- both within a few dollars of New Mexico's own $1082/yr.
Border comparison. New Mexico borders Arizona, Colorado, Oklahoma, Texas, and Utah. New Mexico's auto costs run lower than all of them, by average auto expenditure -- geography is one of several factors (alongside regulation and risk pool) that shapes these differences, not a direct cause.
New Mexico operates a state-based health-insurance marketplace, so its issuers are not in the federal CMS Transparency-in-Coverage file. For health-plan denial data, consult the New Mexico Department of Insurance and the state exchange directly.
Rate regulation and guaranty-fund coverage are state-specific, so a state record can differ from an insurer's national average. Sources: CMS Transparency in Coverage PUF PY2026; NAIC 2023 Auto Insurance Database; Insurance Information Institute; Ballotpedia.
State insurance-department directory links come from NAIC. PlainInsurer is not affiliated with NAIC or CMS.
Every figure on PlainInsurer comes directly from NAIC MCAS and CMS Transparency in Coverage data; no editor types in numbers. See our editorial standards or methodology, or report an error. Data current as of 2026-08-11. Grades measure only the published complaint/denial data; we don't recommend any insurer or policy.