Wildfire risk raises NM home insurance rates

All of the smoke and fires each year add up to New Mexico having the 13th highest home insurance rates in the world, a new study by QuoteWizard shows.

The other 12 are all in Tornado Alley or the main part of the storm.

“It is directly related to wildfires [in New Mexico]said Nick VinZant, chief analyst at QuoteWizard, an online insurance comparison platform.






Jerry Gomez holds up a window Friday at the home he is building on the site of his former home in Rociada.









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Bertha Salazar of Santa Fe poses for a photo in front of her home on Friday. With high insurance rates and high gas prices, Salazar can’t afford to drive his car and now it’s parked in front of his house.