NM DMV Vehicle Insurance and Financial Responsibility 2

Question 1

What does comprehensive auto insurance cover in New Mexico?

Accepted Answer

Damage to your vehicle from non-collision events such as theft, fire, hail, or flooding

Answer

Bodily injury to others only

Answer

Liability for accidents you cause

Answer

Medical payments for your passengers only

Question 2

After an at-fault accident in New Mexico, what typically happens to your insurance premiums?

Accepted Answer

They are likely to increase at your next policy renewal

Answer

They remain the same under state law

Answer

They decrease since you have now met your deductible

Answer

They are refunded for the accident period

Question 3

What is a deductible in the context of New Mexico auto insurance?

Accepted Answer

The amount you pay out of pocket before insurance covers the rest of a claim

Answer

The maximum your insurer will ever pay

Answer

The monthly premium charged by your insurer

Answer

A penalty for filing too many claims

Question 4

Under New Mexico law, is it legal to show proof of insurance on a mobile phone during a traffic stop?

Accepted Answer

Yes — electronic proof of insurance is legally accepted

Answer

No — only a printed insurance card is accepted

Answer

Only if the officer requests it specifically in writing

Answer

Only for commercial vehicles

Question 5

What information is typically found on a New Mexico proof of insurance card?

Accepted Answer

Policy number, insured vehicle VIN, coverage dates, and insurance company name

Answer

Driver's license number and traffic history

Answer

Medical coverage limits and deductibles

Answer

Social Security number and credit score

Question 6

What happens in New Mexico if a driver is involved in an accident and cannot provide proof of insurance?

Accepted Answer

Their vehicle may be impounded and they may face fines and license suspension

Answer

They are issued a warning and given 10 days to provide proof

Answer

The accident is treated as if they were insured

Answer

They must pay the other party immediately at the scene