State Requirements

New Mexico / Resident Renewal / Individual

Search Again Apply Now
  • 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- 31days-one year after expiration date

  • Late Renewal Grace Period- 1-30 days after expiration date

Insurance Producer

  • Renewal Fee: $60.00
  • Late Renewal Fee: $150.00
  • Fee Disclaimers: Late Renewal Fee Day 1-30 after expiration

Insurance Producer

  • Late Renewal Fee: $120.00
  • Fee Disclaimers: Late Renewal Fee Day 31-1 Year after expiration

Bail Bond Property

  • Renewal Fee: $60.00
  • Late Renewal Fee: $150.00
  • Fee Disclaimers: Late Renewal Fee Day 1-30 after expiration

Bail Bond Property

  • Late Renewal Fee: $120.00
  • Fee Disclaimers: Late Renewal Fee Day 31-1 Year after expiration

Bail Bond Solicitor

  • Renewal Fee: $60.00
  • Late Renewal Fee: $120.00
  • Fee Disclaimers: Late Renewal Fee Day 1-30 after expiration

Bail Bond Solicitor

  • Late Renewal Fee: $120.00
  • Fee Disclaimers: Late Renewal Fee Day 31-1 Year after expiration

Independent Adjuster

  • Renewal Fee: $60.00
  • Late Renewal Fee: $150.00
  • Fee Disclaimers: Late Renewal Fee Day 1-30 after expiration

Independent Adjuster

  • Late Renewal Fee: $120.00
  • Fee Disclaimers: Late Renewal Fee Day 31-1 Year after expiration

Public Adjuster

  • Renewal Fee: $60.00
  • Late Renewal Fee: $150.00
  • Fee Disclaimers: Late Renewal Fee Day 1-30 after expiration

Public Adjuster

  • Late Renewal Fee: $120.00
  • Fee Disclaimers: Late Renewal Fee Day 31-1 Year after expiration

Solicitor

  • Renewal Fee: $60.00
  • Late Renewal Fee: $150.00
  • Fee Disclaimers: Late Renewal Fee Day 1-30 after expiration

Solicitor

  • Late Renewal Fee: $120.00
  • Fee Disclaimers: Late Renewal Fee Day 31-1 Year after expiration

Limited Surety

  • Renewal Fee: $60.00
  • Late Renewal Fee: $150.00
  • Fee Disclaimers: Late Renewal Fee Day 1-30 after expiration

Limited Surety

  • Late Renewal Fee: $120.00
  • Fee Disclaimers: Late Renewal Fee Day 31-1 Year after expiration

Motor Club

  • Renewal Fee: $59.00
  • Late Renewal Fee: $150.00
  • Fee Disclaimers: Late Renewal Fee Day 1-30 after expiration

Motor Club

  • Late Renewal Fee: $120.00
  • Fee Disclaimers: Late Renewal Fee Day 31-1 Year after expiration

Staff Adjuster

  • Renewal Fee: $60.00
  • Late Renewal Fee: $150.00
  • Fee Disclaimers: Late Renewal Fee Day 1-30 after expiration

Staff Adjuster

  • Late Renewal Fee: $150.00
  • Fee Disclaimers: Late Renewal Fee Day 1-30 after expiration

Surplus Line Broker

  • Renewal Fee: $200.00
  • Late Renewal Fee: $400.00

Viatical Broker

  • Renewal Fee: $200.00
  • Late Renewal Fee: $400.00

Insurance Consultant

  • Renewal Fee: $100.00
  • Late Renewal Fee: $200.00
  • Please note that license class names can vary by state.
PRODUCER

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
Adjuster

Independent Adjuster

  • No Line of Authority Required

Staff Adjuster

  • No Line of Authority Required

Public Adjuster

  • No Line of Authority Required
BROKER

Surplus Line Broker

  • No Line of Authority Required

Viatical Broker

  • Life
  • Variable Life and Variable Annuity

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.

  • 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.

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.

CE Verified before Application:

 

Insurance Producer

Life 

Accident and Health or Sickness

Property

Casualty

Personal Lines

Title 

 

Bail Bond Property

No Line of Authority Required 

Bail Bond Solicitor

No Line of Authority Required 

Limited Surety

Surety Bail Bonds

Solicitor

Surety Bail Bonds

Contact Information

Address

Office of Superintendent of Insurance
1120 Paseo De Peralta
Santa Fe, NM 87501
United States

Mailing Address

P.O. Box 1689
Santa Fe, NM 87504
United States

Frequently Asked Questions

Online printing information can be found by going to NIPR's license print page and selecting the state..

License Cancellation form

To terminate a Line of Authority- send a request to Agents.licensing@osi.nm.gov indicating your NM License number what LOA is to be terminated.

Exam scores are valid for 1 year from the passed Exam date.

No exam is required of an applicant for a license covering the same kind or kinds of insurance as to which licensed in this state within 1 year preceding date of application for the new license, unless the previous license was suspended, revoked or continuation thereof refused by the superintendent

Individuals may schedule their examinations online or call 855-560-3714.

https://test-takers.psiexams.com/nmins/test

 

Provide via email on letterhead to Agents.licensing@osi.nm.gov

NIPR is currently working with New Mexico to make access to Continuing Education (CE) transcript data available via MYNIPR. 

 

Click here to be directed to MyNIPR application.