Fees
Fees shown are state fees only. These fees do not include NIPR transaction fees.
- Fees shown are state fees only. These fees do not include NIPR transaction fees.
- New Mexico fees are at the license level
- Per application.
- Note: Additional Fees – Third Party Administrators must pay a $50 Report Fee on their renewal applications.
Insurance Producer
Renewal fee:
$60
Late renewal fee:
$150
Fee disclaimers:
Plus $20 per affiliation
Bail Bond Property
Renewal fee:
$60
Late renewal fee:
$150
Fee disclaimers:
Plus $20.00 per affiliation
Portable Electronics
Renewal fee:
$60
Late renewal fee:
$150
Independent Adjuster
Renewal fee:
$60
Late renewal fee:
$150
Fee disclaimers:
Plus $20.00 per affiliation
Public Adjuster
Renewal fee:
$60
Late renewal fee:
$150
Fee disclaimers:
Plus $20.00 per affiliation
Insurance Consultant
Renewal fee:
$100
Late renewal fee:
$250
Fee disclaimers:
Plus $20 per affiliation
Solicitor
Renewal fee:
$60
Late renewal fee:
$150
Fee disclaimers:
Plus $20.00 per affiliation
Limited Surety
Renewal fee:
$60
Late renewal fee:
$150
Fee disclaimers:
Plus $20.00 per affiliation
Motor Club
Renewal fee:
$60
Late renewal fee:
$150
Fee disclaimers:
Plus $20.00 per affiliation
Rental Car
Renewal fee:
$60
Late renewal fee:
$150
Surplus Line Broker
Renewal fee:
$200
Late renewal fee:
$500
Fee disclaimers:
Plus $20.00 per affiliation
Third Party Admin
Renewal fee:
$200
Late renewal fee:
$500
Fee disclaimers:
Plus $20.00 per affiliation
Viatical Broker
Renewal fee:
$200
Late renewal fee:
$500
Fee disclaimers:
Plus $20.00 per affiliation
Lines of Authority
Please note that license class names can vary by state.
- Please note that license class names can vary by state.
Insurance Producer
DRLP Required
Life, Accident and Health or Sickness, Variable Life and Variable Annuity, Property, Casualty, Personal Lines, Fraternal Life, Fraternal Accident and Health or Sickness, Fraternal Variable Life and Variable Annuity, Credit, Travel, Crop, Title, 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
Public Adjuster
DRLP Required
No Line of Authority Required
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
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
Viatical Broker
DRLP Required
Life, Variable Life and Variable Annuity
Rules and Regulations
Applicant Can
- Submit renewals for individuals electronically.
- Submit renewals for surplus lines for business entities.
- Late renew through NIPR's Non-Resident Renewal Application.
- Print licenses electronically.
- Renew Variable if they currently hold and is also renewing Life.
Business Rules
New Mexico requires all business entities (not including TPA, PBM or Self Service Storage Producers) to list and maintain at least one affiliate for the life of the license.
Insurance Producer (exception: Self-Service Storage), Bail Bond Property, Independent Adjuster, Insurance Consultant, 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.
If your Business Entity license is due for renewal and you are unable to renew online it may be due to not having an affiliate listed under the license. If you need to review the affiliates under the business entity license please visit State Based Systems. If you are unable to submit your Business Entity renewal online please contact the state at Agents.licensing@osi.nm.gov or call 855-427-5674.
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 be able to apply for 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 type
Applicants may use Non-Resident Licensing Renewals to late renew if they are applying within 30 days of expiration date.
Applicants must reinstate through Non-Resident Licensing starting day 31 following license expiration date.
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.
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.
Special Instructions
Renewal Periods
Note: business entity licenses expire biennially on February 28th (29th on leap years).
- All License Classes
- Renewal Period: 90 days prior to expiration date – Expiration date of license
- Late Renewal Grace Period (additional fee) - Day 1-30 after expiration. Starting day 31 following license expiration date the applicant must reapply through Non-Resident Licensing.
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.