State Requirements

New Mexico / Resident Renewal / Individual

Fees

Fees shown are state fees only. These fees do not include NIPR transaction fees.

  • New Mexico fees are at the license level
  • Fees are per application.
  • Late Renewal Period - 31 days-one year after expiration date
  • Late Renewal Grace Period- 1-30 days after expiration date

Insurance Producer

Renewal fee:

$60

Late renewal fee:

$150

Fee disclaimers:

Late Renewal Fee Day 1-30 after expiration

Insurance Producer

Late renewal fee:

$120

Fee disclaimers:

Late Renewal Fee Day 31-1 Year after expiration

Bail Bond Property

Renewal fee:

$60

Late renewal fee:

$150

Fee disclaimers:

Late Renewal Fee Day 1-30 after expiration

Bail Bond Property

Late renewal fee:

$120

Fee disclaimers:

Late Renewal Fee Day 31-1 Year after expiration

Bail Bond Solicitor

Renewal fee:

$60

Late renewal fee:

$120

Fee disclaimers:

Late Renewal Fee Day 1-30 after expiration

Bail Bond Solicitor

Late renewal fee:

$120

Fee disclaimers:

Late Renewal Fee Day 31-1 Year after expiration

Independent Adjuster

Renewal fee:

$60

Late renewal fee:

$150

Fee disclaimers:

Late Renewal Fee Day 1-30 after expiration

Independent Adjuster

Late renewal fee:

$120

Fee disclaimers:

Late Renewal Fee Day 31-1 Year after expiration

Public Adjuster

Renewal fee:

$60

Late renewal fee:

$150

Fee disclaimers:

Late Renewal Fee Day 1-30 after expiration

Public Adjuster

Late renewal fee:

$120

Fee disclaimers:

Late Renewal Fee Day 31-1 Year after expiration

Solicitor

Renewal fee:

$60

Late renewal fee:

$150

Fee disclaimers:

Late Renewal Fee Day 1-30 after expiration

Solicitor

Late renewal fee:

$120

Fee disclaimers:

Late Renewal Fee Day 31-1 Year after expiration

Limited Surety

Renewal fee:

$60

Late renewal fee:

$150

Fee disclaimers:

Late Renewal Fee Day 1-30 after expiration

Limited Surety

Late renewal fee:

$120

Fee disclaimers:

Late Renewal Fee Day 31-1 Year after expiration

Motor Club

Renewal fee:

$59

Late renewal fee:

$150

Fee disclaimers:

Late Renewal Fee Day 1-30 after expiration

Motor Club

Late renewal fee:

$120

Fee disclaimers:

Late Renewal Fee Day 31-1 Year after expiration

Staff Adjuster

Renewal fee:

$60

Late renewal fee:

$150

Fee disclaimers:

Late Renewal Fee Day 1-30 after expiration

Staff Adjuster

Late renewal fee:

$120

Fee disclaimers:

Late Renewal Fee Day 31- 1 year after expiration

Surplus Line Broker

Renewal fee:

$200

Late renewal fee:

$400

Viatical Broker

Renewal fee:

$200

Late renewal fee:

$400

Insurance Consultant

Renewal fee:

$100

Late renewal fee:

$200

Lines of Authority

Please note that license class names can vary by state.

Insurance Producer

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, Title, Crop, Escrow

CE Required

Life, Accident and Health or Sickness, Property, Casualty, Personal Lines, Title, Escrow

Bail Bond Property

CE Required

No Line of Authority Required

Bail Bond Solicitor

CE Required

No Line of Authority Required

Independent Adjuster

Property and Casualty, Workers Compensation, Public Entity

Public Adjuster

No Line of Authority Required

Solicitor

CE Required

Surety Bail Bonds

Limited Surety

CE Required

Surety Bail Bonds

Staff Adjuster

Property and Casualty, Workers Compensation, Public Entity

Surplus Line Broker

No Line of Authority Required

Viatical Broker

Life, Variable Life and Variable Annuity

Insurance Consultant

Casualty, Property, Accident and Health or Sickness, Life, Variable Life and Variable Annuity, Fraternal, Fraternal Accident and Health or Sickness, Fraternal Life, Fraternal Variable Life and Variable Annuity

Rules and Regulations

Applicant Can

  • Submit renewals for individuals electronically.
  • Submit renewals for surplus lines for individuals.
  • Late renew through NIPR's Resident License Renewal Application.
  • Renew Variable if they currently hold Life
  • Print licenses electronically.

Applicant Cannot

  • Submit partial renewals.

Business Rules

  • The NIPR does not maintain or process course completion data.  Access to the renewal application is granted once the state electronically notifies the NIPR that you are CE compliant.  We are unable to override the status.  You may select your resident state name from the map on the following link: /map_continuing_education_requirements.htm to view your CE transcript and determine whether the state has updated your status to compliant in their system and on what date.  It generally takes up to 72 hours from the compliance date for the status to be updated in our system.

  • Applicants may use Resident Licensing Renewals to late renew if they are applying within one year of expiration date.

  • If Applicants license is Expired, applicant must be Fingerprinted. Please note that the producer licensing bureau does not consider the application complete until the background check process is completed. More information is available on the OSI website Fingerprint Requirements page.

  • Applicants must reinstate through Resident Licensing one year after license expiration date.

  • 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 and Staff 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. 

  • Applicant must provide a valid residence address and two valid proof of residency documents. Physical Residence address may not contain a P.O. Box.

  • Surplus Line Broker applicants must have an active Insurance Producer license.

  • Please submit supporting documents and all other required documents electronically via NIPR's Attachment Warehouse or submit to the state via mail, email, or fax.

  • Applicant required 24 hours of continuing education. The 24 hours is required to consist of 3 hours of ethics and 21 general. A minimum of 3 hours for each compliance period must be earned through Classroom, Classroom Equivalent, Webinar or Seminar.

Renewal Periods

  • All License Classes
    • Renewal Period: 90 days prior to expiration date of license
    • Late Renewal Grace Period (additional fee): Day 1-30 after expiration of license
    • Late Renewal Period (additional fee): Day 31- one year after expiration of license.

Continuing Education

The following license classes/lines of authority must be CE compliant:

Insurance Producer

  • Life
  • Accident and Health or Sickness
  • Property
  • Casualty
  • Personal Lines
  • Title
  • Escrow

Bail Bond Property

  • No Line of Authority Required

Bail Bond Solicitor

  • No Line of Authority Required

Solicitor

  • Surety Bail Bonds

Limited Surety

  • Surety Bail Bonds

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.

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