Homeowners Insurance New Mexico

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Average Homeowners Insurance in New Mexico: $700

Median Home Price in New Mexico: $197,000

New Mexico homeowners insurance rates in December 2013 stood at an average of $700 as compared to $700 in November 2013.

Insurance Premium Saving Tips in New Mexico

Bundle your insurance:

Bundling home and car insurance in New Mexico with the same provider will have approximately $70 to $105 of savings in New Mexico

Safety Systems:

Having safety systems at home can save up to $123 in New Mexico

New Home:

If your home was built within the past 10 years in New Mexico, you could save up to $140

Senior Discounts:

Senior citizens (55 or older) in New Mexico could save approximately $140

Home Insurance Monthly Trends

The below graph compares New Mexicos home median prices against, renters and owners home insurance average rates in New Mexico.
Place Home Insurance Cost Savings
Zuni, NM$552 to $766$263
Canova, NM$536 to $723$252

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