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New Mexico Insurance Laws and Regulations
The New Mexico Office of Insurance develops and enforces insurance laws for the state. Consumers can contact the department with questions and complaints about their auto and home insurance. If you do not receive the service you expect from your insurer, you can file a complaint directly with the Consumer Assistance Bureau of the Department of Insurance. The state of New Mexico does not make consumer complaint information available to consumers to help them when shopping for insurance.
A summary of the driving safety laws for the state of New Mexico can be found at this link. The information includes a summary of the laws affecting people driving cars, or riding motorcycles or bicycles while using cell phones or texting. Also included are the requirements for child safety seats, wearing a helmet and being under the influence while operating a vehicle in the state of New Mexico.
The New Mexico Statute of Limitations defines the time limit following an accident when you can file a lawsuit. Once this time limit has passed, you can no longer file a lawsuit.
New Mexico has minimum auto insurance amounts that are required by law. The table below shows the NM minimum car insurance limits.
Minimum Car Insurance Coverage Required in New Mexico
|Bodily Injury, per person||25,000|
|Bodily Injury, per accident||50,000|
Resources Available to Consumers
Small Claims Court is available for you to resolve issues, without needing to hire an attorney. This link to the small claims court provides more information, including the dollar limit of claims that can be made in this court.
The Federal Emergency Management Agency (FEMA) is for disaster victims who are uninsured, underinsured or the victim of a flood.