Fast & affordable landlord insurance in New Mexico
Easy online insurance for rental property owners and investors. Steadily is rated 4.5 out of 5 stars by landlords nationwide.
We've gotten more than $20 million in property insured in New Mexico
About being a landlord in New Mexico
Generally, housing costs are 5% lower than the national average. This makes New Mexico a great place for new investors looking to get started or experienced investors wanting to diversify their portfolios. New Mexico is a landlord-friendly state as there are no rent-control laws in place.
- The security deposit must be returned with 30 days of lease termination
- 24-hour notice before entering the unit
- Must notify tenants 30-days before rent increases
How much does landlord insurance cost in New Mexico?
Who is landlord insurance for?
Landlord insurance (also known as rental insurance) is a policy for people who rent their homes to others. Landlord insurance is not required for a landlord, but insurance can bring many benefits:
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Properties we look after
We make it easy to get landlord insurance for many types of properties
We also help AirBNBs, VRBOS, and other rental properties
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Single-family
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Apartment
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Multi-family
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Manufactured
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Condo units
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Vacant or restoration
Building data
Properties across the state vary in size and characteristics. Here is data on the properties we've insured.
Coverages
We cover a wide range of risks, or you can choose a limited set of coverages for a lower premium
Riot & civil commotion
Protect your rental property from damage caused by riots or civil commotion. Steadily’s landlord insurance includes coverage for these rare but costly events.
Vandalism & burglary
Steadily offers landlord insurance coverage for vandalism and burglary damage. Learn what’s included, how it protects your rental property, and get a quote online.
Loss of rent
Landlord insurance from Steadily covers loss of rent due to a covered claim. See coverage details, limits, and get a quote in minutes.
Storm and hail
Landlord insurance from Steadily covers storm, wind, hail, and lightning damage. See coverage details, limits, and get a quote in minutes.
Water
Landlord insurance from Steadily covers common types of water-related damage. Discover coverage details, policy limits, and get a quote in minutes.
Legal liability
Landlord insurance from Steadily covers common types of legal liability claims. Discover coverage details, policy limits, and get a quote in minutes.
Fire
Landlord insurance from Steadily covers common types of fire-related damage. Discover coverage details, policy limits, and get a quote in minutes.
Recent insurance quotes in New Mexico
$373.00
$590.00
$447.00
$783.00
Get coverage in minutes
No hidden cancellation fees. Competitive rates nationwide.