Motorcycle Insurance: New Mexico

Interested in buying a motorcycle insurance policy in New Mexico?

In order to find lower prices when insuring your motorcycle or scooter, you’ve got to look at current NM motorcycle insurance prices and policies from a vast selection of insurance companies.

We do the legwork for you, allowing you to compare quotes from leading insurers – for example GEICO and Progressive – online!

Motorcycle Insurance: New Mexico Requirements

First, motorcycle insurance is required in New Mexico. What is liability insurance? This type of insurance pays the loss of other people when you are responsible for that loss.

  1. Bodily Injury Liability Limit for 1 Individual: 25
  2. Bodily Injury Liability Limit for All Parties: 50
  3. Property Damage Liability Limit: 10

Of course, these liability minimums are in 1000s of dollars.

NM Uninsured Motorist Coverage For Motorcycles

In New Mexico, at least 24% of the populace is uninsured. For us motorcyclists, it’s a real problem. A collision with a car or truck could cause a considerable amount of damage to you and your bike. Don’t let yourself get saddled with damage payments for which you are not at fault – be sure to add uninsured motorist (UM/UIM) insurance to your coverage. Uninsured motorist coverage will cover the insured’s injuries and losses negligently caused by a motorist who has no liability coverage.