Fees
Fees shown are state fees only. These fees do not include NIPR transaction fees.
- Unless noted, all fees are charged per application.
- Reinstatement fee is the same as the initial license fee.
Insurance Producer
Fee:
$30
Bail Bond Property
Fee:
$30
Portable Electronics
Fee:
$30
Independent Adjuster
Fee:
$30
Insurance Consultant
Fee:
$50
Solicitor
Fee:
$30
Limited Surety
Fee:
$30
Motor Club
Fee:
$30
Rental Car
Fee:
$30
Public Adjuster
Fee:
$30
Surplus Line Broker
Fee:
$100
Third Party Admin
Fee:
$100
Viatical Broker
Fee:
$100
Lines of Authority
Please note that license class names can vary by state.
- Note: Reinstatement fee is the same as the initial license fee.
- Additional Fees:
- LOA Addition fee - $30 per application
Insurance Producer
DRLP Required
Life, Accident and Health or Sickness, Variable Life and Variable Annuity, Property, Casualty, Personal Lines, Credit, Travel, Title, Fraternal Accident and Health or Sickness, Fraternal Variable Life and Variable Annuity, Escrow
DRLP Not Required
Crop, Self-Service Storage
Bail Bond Property
DRLP Required
No Line of Authority Required
Portable Electronics
DRLP Not Required
No Line of Authority Required
Independent Adjuster
DRLP Required
Property and Casualty, Workers Compensation, Public Entity
Insurance Consultant
DRLP Required
Life, Accident and Health or Sickness, Variable Life and Variable Annuity, Property, Casualty, Fraternal, Fraternal Accident and Health or Sickness, Fraternal Life, Fraternal Variable Life and Variable Annuity
Solicitor
DRLP Required
Surety Bail Bonds
Limited Surety
DRLP Required
Surety Bail Bonds
Motor Club
DRLP Required
No Line of Authority Required
Rental Car
DRLP Not Required
No Line of Authority Required
Surplus Line Broker
DRLP Required
No Line of Authority Required
Third Party Admin
DRLP Not Required
Life, Accident and Health or Sickness, Property, Casualty
Viatical Broker
DRLP Required
Life, Variable Life and Variable Annuity
Rules and Regulations
Applicant Can
- Submit initial license for business entities electronically.
- Submit surplus lines for business entities.
- Add lines of authority (amend) to an existing active license.
- Reinstate through NIPR's Resident License Application.
- Print licenses electronically.
- Applicant must currently hold or be applying for life if they are applying for variable.
Business Rules
Applicant must provide a valid business address. Business address may not contain a P.O. Box.
Applicant must provide at least one Individual entity type on the Owners, Officers, Partners and Directors page of the application.
Applicant's country of Domicile must be United States.
Sole Proprietorship applications are not permitted.
Insurance Producer (exception: Self-Service Storage), Bail Bond Property, Independent Adjuster, Insurance Consultant, Solicitor, Limited Surety, Motor Club, Surplus Line Broker, Public Adjuster and Viatical Broker applicants must submit affiliate form and fees. Affiliation fees must be submitted via paper form. Form 202B can be downloaded from the state.
At least one (1) Designated Responsible Licensed Producer (DRLP) must be listed on the application and have an active resident or non-resident license in New Mexico.
All DRLPs supplied on the transaction must have an active license (resident or non-resident) in New Mexico
The DRLPs on the application must cumulatively cover all active lines of authority listed on the application at the time it is submitted for the business entity.
Applicants may reinstate through Non Resident Licensing (NRL) starting day 31 following license expiration date.
Applicants must use Non resident Renewals (NRR) to late renew if they are applying within 30 days of expiration date.
Surplus Line Broker applicants must have an active Insurance Producer license for both single lines of Property and Casualty.
Self-Service Storage applicants will need to submit training materials to Agents.licensing@osi.nm.gov after submitting application.
Current title holders will automatically receive the Escrow Line of Authority (LOA) in addition to their Title LOA. Future applicants can take exams for Title, Escrow, or both, and will receive the corresponding LOAs.
Independent Adjuster licenses converted to the Property and Casualty LOA, with options to add Workers Compensation and Public Entity LOAs.
New Lines of Authority for Insurance Consultants, including Fraternal, Fraternal Accident and Health, Fraternal Life, and Fraternal Variable Life and Annuity, will apply to the same license types. Exams are not required.
Applicant cannot hold a license for personal lines and property and casualty.
If applicant responds "yes" to one of the background questions please submit supporting documents electronically via NIPR's Attachments Warehouse. The documents may also be submitted to the state via mail, email, or fax. All other required documentation must be forwarded directly to the state.
Special Instructions
Contact Information
Physical Address
New Mexico Office of Superintendent of Insurance
1120 Paseo De Peralta
Santa Fe, NM 87501
United States
Mailing Address
New Mexico Office of Superintendent of Insurance
P.O. Box 1689
Santa Fe, NM 87504
United States
State overview page
Learn more about state-specific licensing requirements and associate fees to ensure you have all the necessary information for compliance.