State Requirements

New Mexico / Resident Licensing / Individual

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  • Fees shown are state fees only. These fees do not include NIPR transaction fees. NIPR and State fees are non-refundable.
  • Unless noted, all fees are charged per application.

 

Insurance Producer

  • Fee: $30.00
  • Reinstatement Fee: $30.00

Bail Bond Property

  • Fee: $30.00
  • Reinstatement Fee: $30.00
  • Fee Disclaimers: Amendment: N/A

Bail Bond Solicitor

  • Fee: $30.00
  • Reinstatement Fee: $30.00
  • Fee Disclaimers: Amendment: N/A

Independent Adjuster

  • Fee: $30.00
  • Reinstatement Fee: $30.00
  • Fee Disclaimers: Amendment: N/A

Insurance Consultant

  • Fee: $50.00
  • Reinstatement Fee: $50.00
  • Fee Disclaimers: Amendment: N/A

Limited Surety

  • Fee: $30.00
  • Reinstatement Fee: $30.00
  • Fee Disclaimers: Amendment: N/A

Motor Club

  • Fee: $30.00
  • Reinstatement Fee: $30.00
  • Fee Disclaimers: Amendment: N/A

Navigator

  • Fee: $0.00
  • Reinstatement Fee: $0.00
  • Fee Disclaimers: Amendment: N/A

Public Adjuster

  • Fee: $30.00
  • Reinstatement Fee: $30.00
  • Fee Disclaimers: Amendment: N/A

Solicitor

  • Fee: $30.00
  • Reinstatement Fee: $30.00
  • Fee Disclaimers: Amendment: N/A

Staff Adjuster

  • Fee: $30.00
  • Reinstatement Fee: $30.00
  • Fee Disclaimers: Amendment: N/A

Surplus line Broker

  • Fee: $100.00
  • Reinstatement Fee: $100.00
  • Fee Disclaimers: Amendment: N/A

Temporary Insurance Producer

  • Fee: $30.00
  • Reinstatement Fee: $30.00

Viatical Broker

  • Fee: $100.00
  • Reinstatement Fee: $100.00
PRODUCER

Insurance Producer

Exam Required

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

No Exam Required

  • Variable Life and Variable Annuity
  • Credit
  • Crop
  • Travel
  • Fraternal Variable Life and Variable Annuity

Temporary Insurance Producer

No Exam Required

  • Life
  • Accident and Health or Sickness
  • Property
  • Casualty
Adjuster

Independent Adjuster

Exam Required

  • No Line of Authority Required

Public Adjuster

Exam Required

  • No Line of Authority Required

Staff Adjuster

Exam Required

  • No Line of Authority Required
OTHER

Bail Bond Property

Exam Required

  • No Line of Authority Required

Bail Bond Solicitor

Exam Required

  • No Line of Authority Required

Insurance Consultant

Exam Required

  • Accident and Health or Sickness
  • Life
  • Property
  • Casualty

No Exam Required

  • Variable Life and Variable Annuity

Limited Surety

Exam Required

  • Surety Bail Bonds

Motor Club

No Exam Required

  • No Line of Authority Required

Navigator

No Exam Required

  • Health

Solicitor

Exam Required

  • Surety Bail Bonds

Surplus Line Broker

Exam Required

  • No Line of Authority Required

Viatical Broker

Exam Required

  • Life

No Exam Required

  • Variable Life and Variable Annuity

Applicant Can

  • Submit initial license for individuals electronically.
  • Submit surplus lines for individuals.
  • Add lines of authority (amend) to an existing active license.
  • Reinstate through NIPR's Resident License Application.
  • Print license electronically.

Business Rules

  • All resident applicants for a license and anyone wishing to activate a cancelled resident license must be fingerprinted as part of the application process. 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 fingerprint page of the state's website.
     
  • Applicants may reinstate through Resident Licensing one year after license expiration date.
     
  • Applicants must use Resident Licensing Renewals to late renew if they are applying within one year of expiration date.

  • Independent Adjuster and Public Adjuster applicants shall file with OSI an original surety bond in favor of the superintendent in the aggregate amount of not less than ten thousand dollars ($10,000). The bond shall be one executed by an authorized surety insurer. Original bond must be mailed to PLB, PO Box 1689, Santa Fe, NM 87504.  We allow 10 days from the date of the application for the bond to be submitted/received. Additional information and forms can be found on the NM OSI website under Individual Applications.

  • Bail Bond Property applicants must submit A Letter of Credit in the amount of $25,000 to the Superintendent of Insurance. Additional information and forms can be found on the NM OSI website under Individual Applications.

  • Applicants applying for Variable life and Variable Annuity or Fraternal Variable Life and Variable Annuity must hold an active life license in their resident state and must supply a FINRA Central Registry Depository (CRD) number on the application. If you need to verify your CRD number you may use the Broker Search feature found on FINRA's website.

  • Surplus Line Broker applicants must have an active Insurance Producer license for both single lines of Property and Casualty.  

  • Applicant cannot hold a license for Personal Lines and Property and Casualty.

  • Applicant must provide a valid residence address. Residence address may not contain a P.O. Box.

  • Staff adjuster and Motor Club applicants must list the name and NAIC Company Co-Code of the sponsoring Company.

  • Staff Adjuster and Motor Club appointments must be submitted online after the license is issued.

  • Bail Bond Solicitor applicants must list the name and active license number of their sponsoring Bail Bond Property licensee.

  • Solicitor applicants must list the name and active license number of their sponsoring Limited Surety licensee.

  • 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.

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.