If I decide to satisfy the financial responsibility requirements of New Mexico by buying auto insurance, what coverages are required in New Mexico and what are the minimum limits I can purchase?
The required coverages in New Mexico are Bodily Injury and Property Damage. The minimum required limits are $25,000 per person and $50,000 per accident for Bodily Injury and $10,000 per accident for Property Damage. It is also required that Uninsured Motorist Coverage be included in the policy but if you decide you do not want this coverage, you must reject it in writing.
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