N.M. Stat. § 59A-32-19

Current through 2024, ch. 69

Section 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.

NMS § 59A-32-19

Laws 1987, ch. 18, § 6; 1991, ch. 135, § 1; 1993, ch. 194, § 1.