Best Roswell, NM Auto Insurance in 2025

Is Car Insurance Required in Roswell, New Mexico?

New Mexico auto insurance requires a base coverage (25/50/10) for all residents (see more information below).

Some of the best Roswell, NM car insurance companies offer affordable rates. The companies that offer cheap car insurance in Roswell, NM are Allied, Central Mutual, State Farm, Cal Casualty, and Allstate. Allied offers drivers searching for Roswell, NM auto insurance monthly rates of $30.

Are you in need of cheap car insurance in Roswell, NM? Drivers seeking Roswell, NM auto insurance can save up to $597 per month by comparing quotes from different insurance companies.

Our Top 10 Company Picks: Best Roswell, NM Auto Insurance

The low population of the city – 48,611 people – means that its drivers have a lower risk of car theft or accidents, which will lower Roswell, NM auto insurance quotes. Shorter commutes and low crime are also factors of Roswell, NM auto insurance rates.

At AutoInsuranceEZ.com, you will discover the lowest auto insurance. To get free Roswell, NM auto insurance quotes from the top providers today, enter your local ZIP code in the FREE comparison box above.

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#1 – State Farm: Top Overall Pick

Pros

• Local Network: State Farm is highly regarded for its extensive local network of agents and customer service in Roswell, NM, ensuring personalized support for your auto insurance needs.
• Bundling Discount: State Farm offers a 17% bundling discount, which can significantly lower costs when you combine auto insurance with other policies.
• Competitive Rates: With a focus on affordability, State Farm offers competitive rates for minimum coverage auto insurance policies in Roswell, NM.

Cons

• Limited Multi-Policy Discount: The multi-policy discount at State Farm is not as high compared to some competitors, potentially leading to higher costs for customers bundling multiple policies.
• Premium Costs: Despite the bundling discount, State Farm’s premiums can still be relatively higher, especially for those who want higher coverage options.

#2 – Farmers: Best Roswell, NM Auto Insurance

Pros

• Many Discounts: Farmers is known for offering a wide variety of discounts, which can lower the overall cost of auto insurance policies in Roswell, NM.
• Bundling Discount: With a 20% bundling discount, Farmers provides significant savings for customers combining auto insurance with home or other policies.
• Competitive Rates: Farmers offers competitive pricing for minimum coverage, making it a good option for budget-conscious drivers in Roswell, NM.

Cons

• Higher Premiums for Full Coverage: While discounts help reduce costs, Farmers’ full coverage premiums may still be on the higher side compared to other providers.
• Limited Digital Tools: Farmers may not have as advanced digital tools and online features as some competitors, potentially reducing convenience for tech-savvy customers.

#3 – Geico: Best Roswell, NM Auto Insurance

Pros

• Digital Tools: Geico provides excellent digital tools, including a user-friendly app and website for managing policies and claims, ideal for tech-savvy customers in Roswell, NM.
• Bundling Discount: Geico offers a substantial 25% bundling discount, making it an attractive choice for those who want to combine auto insurance with home or other types of coverage.
• Affordable Rates: Geico is known for offering some of the most competitive rates for minimum coverage policies, helping drivers in Roswell, NM save money.

Cons

• Limited Local Network: Geico’s local presence may not be as extensive as other providers like State Farm, potentially limiting in-person support for some Roswell, NM residents.
• Customer Service: While Geico offers online and phone support, its customer service may not be as personalized compared to some other providers with a larger local network.

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#4 – Progressive: Best Roswell, NM Auto Insurance

Pros

• Flexible Payments: Progressive stands out with flexible payment options, including the ability to pay monthly or quarterly, making it easier for drivers in Roswell, NM to manage premiums.
• Bundling Discount: A 10% bundling discount is available with Progressive, offering savings for customers who combine auto insurance with home or other policies.
• Competitive Rates: Progressive is known for offering low rates on minimum coverage policies, making it an affordable option for drivers in Roswell, NM.

Cons

• Limited Local Network: Progressive may not have as extensive a local presence in Roswell, NM as other competitors, potentially leading to fewer in-person service options.
• Complex Policy Options: The wide range of policy options may be overwhelming for some customers, especially those looking for straightforward minimum coverage.

#5 – Allstate: Best Roswell, NM Auto Insurance

Pros

• Deductible Rewards: Allstate offers a unique program where policyholders can earn rewards to lower their deductibles over time, benefiting drivers in Roswell, NM looking for long-term savings.
• Bundling Discount: With a 25% bundling discount, Allstate provides significant savings when customers combine auto insurance with other policies.
• Competitive Rates: Allstate offers competitive minimum coverage rates, helping drivers in Roswell, NM save on basic coverage.

Cons

• Higher Premiums for Full Coverage: While Allstate’s minimum coverage rates are competitive, its premiums for higher coverage options may be on the higher side compared to some other providers.
• Limited Digital Tools: Although Allstate offers an app, it may not have the same level of digital tools and features as competitors like Geico.

#6 – Liberty Mutual: Best Roswell, NM Auto Insurance

Pros

• Flexible Coverage: Liberty Mutual provides flexible coverage options, allowing drivers in Roswell, NM to tailor their policies to fit their specific needs.
• Bundling Discount: With a 25% bundling discount, Liberty Mutual offers significant savings when you combine auto insurance with home or other policies.
• Affordable Rates: Liberty Mutual offers competitive rates for minimum coverage policies, helping drivers in Roswell, NM stay within budget.

Cons

• Limited Local Network: Liberty Mutual’s local agent network may not be as extensive as some competitors, limiting in-person support for some Roswell, NM residents.
• Customer Service: While Liberty Mutual provides support, its customer service experience may not be as personalized or localized compared to other providers with larger local networks.

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#7 – Nationwide: Best Roswell, NM Auto Insurance

Pros

• Vanishing Deductible: Nationwide offers a vanishing deductible program that rewards safe driving, helping drivers in Roswell, NM lower their out-of-pocket expenses over time.
• Bundling Discount: Nationwide offers a 20% bundling discount, making it an attractive option for customers who want to combine auto insurance with other policies.
• Competitive Rates: With competitive rates on minimum coverage policies, Nationwide offers affordable options for drivers in Roswell, NM.

Cons

• Limited Digital Tools: Nationwide may not offer as extensive digital tools or mobile features as some other insurers, reducing convenience for tech-savvy customers.
• Higher Premiums for Full Coverage: While Nationwide provides competitive minimum coverage rates, full coverage policies may come with higher premiums.

#8 – The Hartford: Best Roswell, NM Auto Insurance

Pros

• Roadside Assistance: The Hartford offers 24/7 roadside assistance, which is a valuable feature for drivers in Roswell, NM who want added peace of mind on the road.
• Bundling Discount: With a 5% bundling discount, The Hartford provides savings for customers who combine auto insurance with other policies.
• Affordable Minimum Coverage: The Hartford offers affordable rates for minimum coverage auto insurance policies, making it a cost-effective choice for drivers in Roswell, NM.

Cons

• Limited Discount Options: The Hartford’s bundling discount is relatively low at 5%, which may not be as attractive as other providers with larger discount offerings.
• Limited Local Network: The Hartford may not have as many local agents in Roswell, NM, which could limit in-person support.

#9 – American Family: Best Roswell, NM Auto Insurance

Pros

• Competitive Rates: American Family is known for offering competitive rates on minimum coverage auto insurance policies, helping drivers in Roswell, NM save on their premiums.
• Bundling Discount: With a 25% bundling discount, American Family offers significant savings when you combine auto insurance with home or other policies.
• Wide Range of Coverage Options: American Family offers a variety of coverage options, allowing drivers in Roswell, NM to find the policy that best suits their needs.

Cons

• Limited Digital Tools: American Family’s online tools may not be as advanced as some competitors, which could be a drawback for customers who prefer managing their policies digitally.
• Premiums for Higher Coverage: While American Family offers low rates for minimum coverage, premiums for higher coverage may be higher compared to other providers.

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#10 – Travelers: Best Roswell, NM Auto Insurance

Pros

• Eco-Friendly Vehicles: Travelers provides specialized coverage options for eco-friendly vehicles, making it a great choice for environmentally conscious drivers in Roswell, NM.
• Bundling Discount: With a 13% bundling discount, Travelers offers savings when you combine auto insurance with other types of coverage.
• Competitive Rates: Travelers offers competitive rates for minimum coverage policies, making it an affordable choice for drivers in Roswell, NM.

Cons

• Limited Local Network: Travelers may not have as extensive a local presence in Roswell, NM compared to other providers, limiting in-person support for some customers.
• Limited Coverage Options for Non-Eco-Friendly Vehicles: Travelers’ focus on eco-friendly vehicles may result in fewer options for non-eco-friendly cars, making it less appealing for some drivers.

 

Roswell, NM Driving Facts

All New Mexico drivers are required to have the minimum requirements for auto insurance. Here are the details you need to know to drive legally in Roswell, NM, according to the New Mexico Department of Insurance.

Coverage	Requirements	Most Common
Bodily Injury Liability	25,000/50,000	25,000/50,000
Property Damage Liability	10,000	25,000
Uninsured Motorist Bodily Injury	Not required	25,000/50,000
Medical Payments	Not required	5,000
Collision	Not required	500 deductible
Comprehensive	Not required	100 deductible

Remember that Liability insurance coverage is minimal. But it is the best value. As a driver, it is your responsibility to purchase as much coverage as you can to stay safe and protected on the road.

How Much Does Car Insurance Cost in Roswell, NM?

The state average for New Mexico drivers runs at about $114 monthly for insurance premiums. However, savvy drivers in Roswell can get rates as low as $42/mo* if they do a good job shopping for the best car insurance in Roswell, NM.

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Cheapest Car Insurance in Roswell, NM

Allied, Central Mutual, and State Farm are providing a few of the least expensive rates on automotive insurance in Roswell at this time. But would be that the most significant facet of your research?

Will they offer reduced rates and little else? They could be the least expensive. Since they’re providing the cheapest rate, it doesn’t mean those are the best companies.

You have to research every aspect of the best Roswell, NM auto insurance companies before you decide to come to a decision.

Auto insurance carriers consider several variables when figuring out insurance quotes, such as gender, driving violations, credit score/rating, education, and business use of the vehicle.

According to the Federal Trade Commission, consumers with a good credit score are less likely to file an insurance claim.

Also, keep in mind that premiums differ from carrier to carrier. To find out if you are still receiving the most affordable insurance, review cheap Roswell, NM, auto insurance costs on the internet.

Major Factors in Cheap Car Insurance in Roswell, New Mexico

Several various items can factor into the rate quotes you are given. While many specific things aren’t something you can do something about, some of them are things that you can change for the better. Here are a few factors which can change your automobile insurance premium:

Your ZIP Code

Your auto insurance rates may vary depending on where you call home. In general, highly populated areas feature greater car insurance rates because the extra amount of drivers on the road increases the chance of an accident! The total population of Roswell amounts to 48,611, and the typical household income is $43,538.

Automotive Accidents

Living anywhere where deadly accidents are common will leave most drivers paying higher rates. But as you can see in the chart below, serious accidents are not so common in Roswell. You may already be benefitting from this in the form of lower monthly premiums.

Number of Auto Thefts in New Mexico

Sometimes in modest cities or outlying towns, automobile theft can still be a problem. To help make it smaller trouble in your case, consider installing a passive anti-theft system within your current motor vehicle.

Your current car insurance provider could compensate you with cheaper costs! In Roswell, they had 75 auto thefts in 2012. To protect yourself from auto theft, you might want to double-check and make sure you have comprehensive coverage on your policy.

Your Credit Score

Many people don’t understand how important their credit rating will become when identifying their car insurance rates. For those who have a bad credit score, your rate per month is often as high as exponentially increased compared to those of someone having an excellent credit rating.

Your Age

Young drivers get into frequent accidents, according to most statistics. More responsible young drivers, such as students with good grades who take driver training courses, can get lower rates. But you’re going to have to sit down and talk with your insurance agent to find the lowest possible rate if you are under the age of 25.

Your Driving Record

If you’re able to have a clean driving history, you can secure the cheapest possible rate in your automotive insurance plan. Regrettably, the greater violations you put on your record, the greater cost your insurance will end up being. You may also lose your coverage completely based on your provider and the seriousness of the violations.

Your Vehicle

Costly luxury automobiles are not just more expensive to insure because they are more expensive to exchange. The chances are that you are likely to wish to safeguard a costly vehicle with a lot more insurance policy. And also, the more coverage you purchase, the greater you’ll have to pay in rates.

Minor Factors in Cheap Auto Insurance in Roswell, New Mexico

Among the factors below, you may be able to find something which you can largely control and also utilize for discounts.

People often search “auto insurance near me” to find insurance in their local area. We provide a short cut to free car insurance quotes with our FREE comparison tool. Enter your ZIP code to get started.

Your Marital Status

For individual motorists, the marital status might have a one to two percent difference, whether it makes a person have a cheaper policy. But married people can help to save money by bundling their products along with the same company. Insurance providers frequently give discount rates in exchange for bundling multiple policies together.

Your Gender

Gender has a very little substantial effect on your rate per month. A lot of companies don’t charge different rates according to gender whatsoever. And individuals for individuals that also do, the speed rarely changes beyond a three percent cost difference.

Your Driving Distance to Work

Commute times in Roswell usually don’t take too long, merely 11-19 minutes on average. Seventy-seven percent of residents depend on their vehicle to get to work each day, while a smaller percentage (between five to 16 percent) prefer to carpool with their co-workers.

The table below will give you an idea of how a commute length can affect your auto insurance rates in New Mexico.
New Mexico Average Annual Auto Insurance Rates by Commute

Some companies pay lip plans to your purpose for driving, along with the miles you drive every year. However, whenever you evaluate the information, many of these factors barely create a dent inside your monthly premium.

For instance, there might be a maximum of a four percent distinction between driving fewer miles for work and hundreds of 1000’s of miles for pleasure every year. However, business automobiles generally have about 10 to 15 percent greater rates than regular cars.

Your Coverage and Deductibles

Somebody that only buys the condition minimum mandatory coverage pays less monthly than the usual driver with a lot more coverage with their policy.

If you think you’ll need greater than the required minimum coverage, but don’t wish to pay costly rates every month, try raising your auto insurance deductible. This is particularly economical for safe motorists that do not anticipate a necessity to file for multiple claims.

Education in Roswell, NM

Out of the entire population of Roswell, more than 26 percent have completed all requirements for a high school diploma, while one-quarter of residents have yet to complete all four years of high school.

But did you know that drivers who have advanced their education enjoy lower rates on car insurance than other motorists? It’s an even better way to save than relying upon job- or salary-related discounts.

There are a few local choices when it comes to pursuing higher education in Roswell. The New Mexico Military Institute, for starters, offers its students a variety of associate’s degrees to choose from, as does Eastern New Mexico University – Roswell. ENMU also offers students a chance to study bachelor’s and master’s degree programs through the ITV system (“Instructional Television”).

Discovering affordable Roswell, NM auto insurance may end up being a problem. There’s lots of information you need to think about, and understanding how top car insurance companies examine your potential risk may be complicated. But try not to allow the wrong insurance agency to talk you into purchasing the wrong policy.

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How We Conducted Our Auto Insurance Analysis

We calculated our average car insurance cost based on the following metrics: a married, 34-year-old male with good credit, a 12-month history of maintaining auto insurance, a clean driving record, who owns his own home.

Miles driven annually were based on the national average. The average rate was also calculated based on a financed 2015 Honda Accord with a pre-installed anti-theft device.

Frequently Asked Questions: Roswell, NM Auto Insurance

Let’s up the guide by answering a few frequently asked questions that relate to Roswell, NM, auto insurance. If you’re ready to compare rates today and save lots on your next insurance charges, enter your ZIP code below.

#1 – Who has the cheapest auto insurance in New Mexico?

Geico, State Farm, and Progressive are the cheapest companies in New Mexico.

#2 – What is the cheapest auto insurance in New York?

Geico, New York Central Mutual, and Allstate are the cheapest companies in New York.

#3 – Who offers the cheapest auto insurance?

Geico, USAA, and State Farm offer the cheapest insurance on average.

#4 – Who has the cheapest auto insurance in AZ?

Safeco, Geico, and CSAA are the cheapest companies in Arizona.

#5 – What are the worst insurance companies?

According to Consumer Reports, Esurance, Liberty Mutual, and Nationwide are the worst-rated auto insurance companies.