New Mexico Uninsured/Underinsured Motorist Insurance Law
New Mexico also requires that insurance companies offer their clients uninsured/underinsured motorist insurance, also known as “UM/UIM” coverage. This insurance steps in and will cover damages caused when someone else is at fault but, for whatever reason, doesn’t carry sufficient liability insurance. Based on a 2021 study from the Insurance Information Institute, an estimated 21.8% of drivers in New...
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