Roswell Car Insurance

How much does car insurance cost in Roswell, NM? Check out the average rates that drivers pay below.

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What Is the Average Cost of Car Insurance in Roswell?

Monthly Average Rates by Country, State, and City

Car insurance rates vary from driver to driver and are based on many factors that include driving history, claims history and where you live. Each city in New Mexico has different rates, and below, you can compare average rates with the national average. According to our data, drivers who live in Roswell typically pay around $103.60 per month compared to the national average of $135.61 per month. The best way to get a low rate is by comparison shopping. SmartFinancial can do that for you at no cost while pairing you with a reputable insurance company so you have no surprises if you have an accident.

AreaAverage Monthly Rate
National $135.61
New Mexico $116.70
Roswell, New Mexico $103.60

Roswell, NM Best Car Insurance Companies

car insurance in Roswell

Certain insurers will offer you better rates than others based on a myriad of factors, so you may get a better deal from one insurer over another for various reasons, and that’s why it’s important to compare. According to our data, USAA generally has the most affordable car insurance in Roswell coming in around $66.57 per month. Other companies to consider if you live in Roswell is State Farm with an average cost of $76.19 per month and Metropolitan which typically runs around $85.12 per month. Check out the full list below. SmartFinancial rates the following insurers as the best insurance companies for drivers in Roswell.

RankCompanyAverage Monthly RateComparison State Average
1 USAA $66.57-42.96%
2 State Farm $76.19-34.71%
3 Metropolitan $85.12-27.06%
4 Farm Bureau Mutual (IA Group) $89.78-23.07%
5 Allied $99.38-14.84%
6 Farmers $117.931.05%
7 Central Mutual Insurance Co $127.719.43%
8 Allstate $148.1826.97%
9 Encompass $250.79114.90%

How Much is Car Insurance in Roswell, NM?

how much is auto insurance in Roswell

Rates can vary from city to city. The residents of Albuquerque typically pay $135.08 per month while people who live in Hobbs will pay $112.58 per month on average. See what people pay for car insurance in other cities in New Mexico.

New Mexico CitiesMonthly Average Rate
Albuquerque $135.08
Hobbs $112.58
Las Cruces $102.44
Rio Rancho $142.74
Roswell $103.60
Santa Fe $107.15

Cheap Car Insurance in Roswell by Zip Codes

find cheap auto insurance in Roswell

Every zip code rates differently with every insurer. Your zip code determines the crime rate in your area as well as other risks. Below, you can see how average rates range across the state of New Mexico. If you live in an area that is rated high in crime, you can make sure to garage your car in a safe place. That ought to save you some money. Covered and gated structures are best. Make sure to tell your insurance agent about the precautions you’re taking.

Roswell, NM ZIP CodeAverage Monthly Rate
88201$89.88
88203$112.18

Car Insurance Rates by Driver's Age Group in Roswell

Generally speaking, you pay more in car insurance the younger you are and the older you are. Teens and young adults often pay around $208.47 per month in Roswell. Compare that to drivers in their 30’s who typically pay around $128.38 per month drivers in their 40s at $94.59 per month. It’s always a good idea to check for discounts that apply at any age. Some discounts include away-at-school discount, safe driver discount, mature driver discount, good student discount as well as multi-policy and bundling discounts.

Age GroupAverage Monthly Rate
16-19$208.47
20s$133.99
30s$128.38
40s$94.59
50s$70.15
60s$67.86
70+$86.98

Cheapest Insurance for Teenage Drivers in Roswell

CompanyAverage Monthly Rate

Cheapest Insurance for 20 Year-olds in Roswell

20 year-olds in Roswell might want to consider USAA who, on average, offers car insurance rates around $81.95 per month. State Farm, Metropolitan , Farm Bureau Mutual (IA Group) and Allied are also in the top 5 cheapest rates available.

CompanyAverage Monthly Rate
USAA$81.95
State Farm$86.05
Metropolitan$114.39
Farm Bureau Mutual (IA Group)$118.33
Allied$122.86

Cheapest Insurance for 30 Year-olds in Roswell

If you are in your 30s in Roswell our research has found that USAA typically has the most affordable coverage coming in around $74.21 per month, followed by Metropolitan at $92.83 and State Farm at $95.15.

CompanyAverage Monthly Rate
USAA$74.21
Metropolitan$92.83
State Farm$95.15
Farm Bureau Mutual (IA Group)$105.85
Allied$112.21

Cheapest Insurance for 40 Year-olds in Roswell

On average, USAA offers car insurance for 40 year-olds in Roswell for around $51.54 per month. If you are looking for affordable coverage, you may also want to consider State Farm or Metropolitan. The full list of top companies is below.

CompanyAverage Monthly Rate
USAA$51.54
State Farm$58.00
Metropolitan$61.23
Allied$74.71
Farm Bureau Mutual (IA Group)$74.85

Cheapest Insurance for 50 Year-olds in Roswell

Oftentimes 50 year-olds enjoy some of the lowest rates of any other age group. In Roswell we found that USAA generally offers the most affordable coverage at $61.08 per month.

CompanyAverage Monthly Rate
USAA$61.08
State Farm$76.02
Farm Bureau Mutual (IA Group)$80.80
Metropolitan$85.63
Allied$93.77

Cheapest Insurance for 60 Year-olds in Roswell

If you live in Roswell and you’re in your 60s, our data indicates that USAA usually has the best rates at $57.39 per month. The top 5 list of car insurance companies is below.

CompanyAverage Monthly Rate
USAA$57.39
State Farm$62.86
Metropolitan$63.07
Farm Bureau Mutual (IA Group)$71.83
Allied$79.32

Driver's Coverage Auto Insurance Rates in Roswell, NM

driver's coverage

Typically, drivers who currently have car insurance coverage will receive a cheaper monthly quote than drivers who do not. Since car insurance is a requirement in all 50 states, companies may question why you don't currently have coverage. Because of this, they may see you as a higher risk driver. In Roswell, the average monthly rate for a driver who is currently insured is $94.08 while drivers who are not currently covered will pay around $118.84.

CoverageAverage Monthly Rate
Not Currently Insured $118.84
Currently Insured $94.08

Compare Recent Car Insurance Quotes in Roswell

auto insurance quotes in Roswell city

Your vehicle plays a big part in how you rate for car insurance. The more your car is worth, the higher your car insurance rate. To lower your monthly premiums, you can set a higher deductible, but you’ll need to pay that deductible if you have an accident. Generally speaking, the newer a car is, the more it’s worth, and you may pay more in premiums, but the latest safety features will earn you a discount. The overall safety ratings of a car are also considered when determining your rate. In Roswell a driver of a 2004 Honda Pilot can expect to pay around $70.80 per month while someone that owns a 2007 Ford Mustang may pay around $81.30 per month. Check out the list of recent quotes in Roswell below.

VehicleAverage Monthly Rate
2004 Honda Pilot$70.80
2007 Ford Mustang$81.30
2009 Ford F150$64.37
2019 Dodge Durango$111.54
2011 Dodge Journey$90.63
2003 Ford Explorer Sport Trac$82.55
2010 Chevrolet Hhr$72.55
2014 Toyota Camry$87.33
2001 Chrysler Sebring$88.43
2009 Cadillac Cts$80.90

FAQ's for Drivers in Roswell, NM

driver’s frequently asked question in Roswell

What Is the Minimum Liability Coverage Requirement in Roswell, NM?

Every state requires drivers to have a minimum amount of liability coverage. New Mexico drivers are required to carry liability insurance to pay for damages and injuries inflicted on someone else in an auto accident.

  • $25,000; Bodily injury coverage per person; Maximum payment for serious or permanent injury or death to a single person
  • $50,000; Bodily injury coverage per accident; Maximum payment for serious injury or death to more than one person
  • $10,000; Property damage per accident; Maximum payment for all damaged property in an accident caused by you

As per New Mexico car insurance laws, all drivers in the state must carry a minimum amount of liability coverage. This includes $25,000 bodily injury per person, $50,000 bodily injury per accident, and $10,000 property damage per accident. Alternatively, they may demonstrate financial responsibility with a $60,000 surety bond or cash deposit with the New Mexico State Treasurer.

What Is the Blood Alcohol Concentration (BAC) limit in Roswell, NM?

It’s against the law to operate a motor vehicle in New Mexico at the following BAC percentages:

.08%+ at 21 years old or older

.04%+ for commercial vehicle drivers

.02%+ at under 21 years old

In New Mexico, you can be convicted of driving while intoxicated (DWI) even if your blood-alcohol content level is below these levels. All it takes is for your ability to drive to be even slightly impaired by drugs or alcohol.

What are the consequences of being convicted of a DUI?

A variety of considerations affect DWI penalties, the biggest being how many prior offenses are on your record. In New Mexico, DWI convictions remain on your record for 55 years. Having a particularly high BAC, causing an accident, causing injuries or death, having an open alcohol container or drugs in your vehicle, and driving with a minor are some examples of aggravating factors that may increase penalties.

A first-time DWI offender’s driver’s license is revoked for up to 1 year (this increases by one year for each subsequent offense, until the fourth, at which point driving privileges are lost permanently). They also face significant fines and fees, compulsory completion of a drug and alcohol treatment course, mandatory installation of an ignition interlock device at their own expense, and possible jail time.

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Commute Time in Roswell, NM

19.1 Miles
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Commute Time in United States

26.4 Miles
people

Number of Nearest Insurance Agents in Roswell, NM

110

Methodology
The statistics listed on this page are from our own in house reporting. We track and record quotes that carriers have provided based on various criteria. The rates and averages shown on this page should only be used as an estimate.

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