There is a newer version of the New Mexico Statutes
2011 New Mexico Statutes
Chapter 59A: Insurance Code
Article 32: Motor Vehicle Insurance, 59A-32-1 through 59A-32-23
Section 59A-32-19: Discounts or reductions in premiums.
NM Stat § 59A-32-19 (1996 through 1st Sess 50th Legis) What's This?
59A-32-19. Discounts or reductions in premiums.
Nothing in Sections 59A-32-14 through 59A-32-18 NMSA 1978 shall prohibit an insurer offering private passenger motor vehicle insurance to New Mexico residents from providing a minimum twenty percent premium discount for bodily injury liability, property damage liability and collision coverages.
Disclaimer: These codes may not be the most recent version. New Mexico may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
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