With its quaint wineries and vineyards, amazing ice caves, and multi-cultural museums and art galleries, it's no wonder New Mexico is the Land of Enchantment. As a matter of fact, there are few things as appealing as the numerous scenic byways located throughout the state. You shouldn't miss an opportunity to take in the New Mexico ambiance, and you'd be remiss not to gather multiple insurance quotes before you hit the road. The types of coverages you need and desire will help determine your New Mexico auto insurance rates.

The Lowdown on Liability
Your New Mexico auto insurance must include these minimum coverages: $25,000 per person for bodily injury, $50,000 per accident for bodily injury, and $10,000 per accident for property damage. Liability insurance helps pay for the other driver's injuries, death and/or property damage as well as for the passengers in that vehicle if you are at fault in an accident. It also helps cover the cost of legal representation in the event the other driver files a lawsuit as a result of that accident. While liability insurance looks good in the eyes of the law, your agent might recommend you increase your liability insurance to $100,000 for each person and $300,000 for each incident. You'd be surprised by how little your New Mexico auto insurance rates increase by adding protection.

Uncovering Uninsured Motorist Coverage
There were approximately 29 percent of drivers without car insurance in New Mexico in 2007, the Insurance Research Council estimates. By purchasing uninsured motorist coverage you are protected if you are the victim of a hit-and-run accident or if you are involved in an auto accident and the other driver does not have liability insurance. It also helps pay the difference if the other driver's liability coverage is not to pay for your damages.

Facts on Full Coverage
Whether or not you are at fault in an auto accident, your collision insurance will reimburse you for the damages to your car. This insurance also pays for the cost of car reparations caused by road damage or objects such as a light post. Comprehensive coverage will pay out if your vehicle is damaged or destroyed by something like an earthquake, falling objects, windstorms or fire. If your car is stolen or vandalized, your comp coverage will pay to repair or replace it. In 2007, New Mexicans paid an average of $292 for collision coverage and $164 for comprehensive coverage, according to the Insurance Information Institute. You can save money on your New Mexico auto insurance rates by purchasing these coverages together.

Insurance You Can Afford
Other New Mexico auto insurance coverages include personal injury protection, GAP insurance and property protection insurance. Keep in mind that these insurances are not necessary for everyone living in the Land of Sunshine. Don't be bamboozled into needless coverages or paying high New Mexico auto insurance rates. By shopping around for the best coverage with LocalInsurance you'll also be able to check out the various rates offered. LocalInsurance is a free service that matches you with competing insurance agencies in your area. When insurance companies compete for your business, you're sure to find superior coverage and spectacular rates.

To find more information on the auto insurance requirements in New Mexico, visit these useful links: