Kentucky vs New Mexico Car Insurance

Side-by-side car insurance rate comparison based on data from NAIC & State DOI.

Quick Verdict

More Affordable

New Mexico is $510/yr cheaper on average.

Fewer Uninsured

Kentucky has a lower uninsured rate (13.8% vs 19.8%).

Rate & Coverage Comparison

Attribute	Kentucky	New Mexico
Avg Annual Premium	$2,200	$1,690
Min Liability	$720	$550
Full Coverage	$2,200	$1,690
Fault System	No-Fault	At-Fault (Tort)
Uninsured Rate	13.8%	19.8%
Registered Vehicles	3,694,920	1,736,760
Accidents/Year	55,423	26,051
Population	4,506,000	2,118,000

Minimum Coverage Requirements

Kentucky

25/50 / 25 liability

New Mexico

25/50 / 10 liability

Premium Comparison

Kentucky$720 – $2,200

Liability: $720Avg: $2,200Full: $2,200

New Mexico$550 – $1,690

Liability: $550Avg: $1,690Full: $1,690

KentuckyFull rates, age breakdown, requirements →New MexicoFull rates, age breakdown, requirements →

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CarInsurancePeek Editorial TeamInsurance Data Specialists

The CarInsurancePeek editorial team aggregates and verifies car insurance rate data from NAIC & State DOI. Every statistic is cross-referenced against official state DOI filings before publication, with quarterly re-verification cycles.

Sourced from NAIC & State DOIQuarterly reviewNo paid placements

Read our full methodology or contact us with corrections.

Frequently Asked Questions

Which state has cheaper car insurance, Kentucky or New Mexico?

New Mexico has cheaper car insurance, with an average annual premium of $1,690 compared to $2,200 in Kentucky - a difference of $510 per year.

How do Kentucky and New Mexico compare on fault systems?

Kentucky uses a no-fault system while New Mexico uses a at-fault (tort) system. This difference in fault systems directly affects how claims are processed and can influence premium costs.

What are the minimum insurance requirements in Kentucky vs New Mexico?

Kentucky requires 25/50 / 25 liability. New Mexico requires 25/50 / 10 liability. Minimum liability costs $720/yr in Kentucky and $550/yr in New Mexico.

Which state has more uninsured drivers, Kentucky or New Mexico?

New Mexico has a higher uninsured driver rate at 19.8%, compared to 13.8% in Kentucky. Higher uninsured rates typically mean higher uninsured motorist coverage costs.

Where does the Kentucky vs New Mexico insurance data come from?

All insurance rate data comes from NAIC & State DOI (2025). Premiums represent state-wide averages and individual rates vary based on driving history, age, vehicle, and coverage levels. Visit our methodology page for details.

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Attribute

Kentucky

New Mexico

Avg Annual Premium

$2,200

$1,690

Min Liability

$720

$550

Full Coverage

$2,200

$1,690

Fault System

No-Fault

At-Fault (Tort)

Uninsured Rate

13.8%

19.8%

Registered Vehicles

3,694,920

1,736,760

Accidents/Year

55,423

26,051

Population

4,506,000

2,118,000