Best Life Insurance in New Mexico (November 2024)

For women, the top life insurance provider is Nationwide, with a MoneyGeek Score of 96 and an average monthly premium of $26. For men, Nationwide also comes out on top with the same score of 96 and a slightly higher premium of $27. When searching for the right life insurance policy, consider various factors, including affordability, company stability and customer satisfaction.

Nationwide is the top-ranked company for the best life insurance in New Mexico, scoring the highest MoneyGeek score for both men and women. Nationwide boasts a MoneyGeek score of 96 for women and 96 for men, with monthly premiums at $26 for women and $27 for men.

Top companies with the highest MoneyGeek scores:

• Nationwide: MoneyGeek score of 96 out of 100 ($27 per month for men; $26 per month for women)
• GEICO: MoneyGeek score of 96 out of 100 ($23 per month for men; $23 per month for women)
• Mutual of Omaha: MoneyGeek score of 95 out of 100 ($27 per month for men; $24 per month for women)

Providing comprehensive insights, MoneyGeek empowers you with clarity and control over your life insurance choices, ensuring your peace of mind in New Mexico.

Nationwide provides the best term life insurance in New Mexico for both men and women, It has a MoneyGeek score of 98 and 97, respectively, with approximate monthly premiums of $20 for men and $19 for women.

Top providers with the highest MoneyGeek scores for life insurance:

• Nationwide: MoneyGeek score of 98 out of 100 ($20 per month for men; $19 per month for women)
• GEICO: MoneyGeek score of 97 out of 100 ($17 per month for men; $17 per month for women)
• Mutual of Omaha: MoneyGeek score of 95 out of 100 ($21 per month for men; $21 per month for women)

State Farm provides the best whole life insurance in New Mexico for both men and women, with a MoneyGeek score of 99.

The top 3 highest MoneyGeek scores for whole life insurance providers are:

• State Farm: MoneyGeek score of 99 out of 100
• Nationwide: MoneyGeek score of 98 out of 100
• Mutual of Omaha: MoneyGeek score of 96 out of 100

State Farm has the best scores, followed closely by Nationwide and Mutual of Omaha.

Nationwide is the top provider of the best universal life insurance in New Mexico for both men and women, with a MoneyGeek score of 99.

The three highest MoneyGeek scores are:

• Nationwide: MoneyGeek score of 99 out of 100
• State Farm: MoneyGeek score of 98 out of 100
• Mutual of Omaha: MoneyGeek score of 97 out of 100

Nationwide offers the best no-medical-exam life insurance in New Mexico for both men and women, with a score of 99.

• Nationwide: MoneyGeek score of 99 out of 100
• State Farm: MoneyGeek score of 99 out of 100
• Mutual of Omaha: MoneyGeek score of 97 out of 100

In New Mexico, Nationwide has the best no-medical-exam life insurance, offering premier coverage without the hassle of a medical exam.

Nationwide has the best term life insurance for seniors in New Mexico. With a MoneyGeek score of 98 for men and approximately 98 for women, Nationwide provides affordable monthly premiums of $66 for men and $64 for women. This insurer's excellence is largely driven by high satisfaction, stability and diversity scores.

Nationwide offers the best term life insurance for smokers in New Mexico. For men, it has a MoneyGeek score of 97 and a monthly premium cost of $47. Prudential takes the top spot for women, with a MoneyGeek score of 95 and a monthly premium of $28. These companies stand out primarily due to their high satisfaction and affordability scores.

Nationwide offers the best term life insurance for young adults in New Mexico with a MoneyGeek Score of 97 for men and women and average monthly premiums of $13 for men and $17 for women. The strongest contributors to Nationwide's score are high satisfaction, process and diversity scores.

Nationwide and Transamerica offer the best cheap term life insurance in New Mexico for men and women, respectively. Nationwide leads for men with a MoneyGeek score of 98 and a monthly premium of $20, while Transamerica stands out for women with a score of 97 and a monthly premium of $16.

The average cost of monthly premiums for life insurance in New Mexico stands at $52 for women and $64 for men. When determining these rates, insurers consider factors like age, health, lifestyle and the amount of coverage.