What is the minimum bodily injury coverage required for one person in an accident?

In New Mexico, the minimum bodily injury liability coverage required for one person involved in an accident is set at $25,000. This means that if you are found at fault in an accident, your insurance will cover up to $25,000 of medical expenses for injuries sustained by one person. This requirement is designed to ensure that drivers maintain a basic level of financial responsibility in the event of an accident, helping to protect both the injured parties and the at-fault driver from the financial ramifications of injuries.

Understanding this requirement helps drivers know the minimum amount they should carry in their insurance policies, ensuring compliance with state laws and safeguarding their financial interests in case of an accident. Higher coverage limits can also be beneficial, but the minimum aims to establish a baseline for accountability on the road.