What is the average cost of homeowners insurance in New Mexico?
What is the average cost of homeowners insurance in New Mexico?
On average, homeowners insurance in New Mexico costs $2,024 per year for a policy with $250k in dwelling coverage. New Mexico home insurance is more expensive than the average premium in the United States, which is $1,312 per year. Dec 30, 2021
How Much Is Home Insurance in Las Cruces?
New Mexico homeowners insurance costs by city The best home insurance in New Mexico is found in Las Cruces. An average home insurance policy in Las Cruces costs just $1,111 annually — $550 less than the average homeowners policy in other New Mexico cities. Jan 5, 2022
Does New Mexico require homeowners insurance?
New Mexico state law does not require homeowners insurance. If you have a mortgage, however, the lender is likely to require it to protect its investment.
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MetLife is a reputable insurance company that has an A+ (Superior) rating from AM Best, one of the nation’s leading insurance-rating organizations, as well as solid scores from S&P and Moody’s. The good scores are a reflection of MetLife’s financial strength and claims-paying ability.