New Mexico

2020 Appointment Renewals Announcement

Pay Renewal Invoices

State Requirements

Renewal Period

  • -

Late Renewal Periods

Termination Deadline

Invoice Date

Other Important Dates

  • Companies may begin paying their appointment renewal invoices beginning on Sunday, March 1 2020. The appointment renewal period will run until 4:00 PM CDT June 1, 2020
  • Payments received after4:00 PM CDT June 1, 2020 will not be accepted.
  • Appointments not renewed by 4:00 PM CDT June 1, 2020 will be cancelled by New Mexico.
  • New Mexico does not issue refunds.

State Fees

-

  • $20/LOA/Appointment

Additional Late Fees

  • $30/LOA/Appointment
Fee Disclaimer:
Late Renewal May 1, 2020- June 1, 2020

License Classes / Lines of Authority

Insurance Producer, Limited Surety Individual

Standard Rules

  • Transactions Declined During Down Time: N/A
  • Effective Dates Honored When Processing is Turned On: N/A
  • PDB Alerts Turned Off: No
  • Appointments Updated to Show Renewed on PDB: Yes

Business Rules

  • Electronic processing through NIPR is mandatory and continuation invoices cannot be paid directly to the Department of Insurance.
  • Companies will not be allowed to terminate any appointments on the list, once the invoice and list has been generated and made available.
  • Electronic payment options chosen through NIPR will immediately reflect the invoices as paid and NIPR will forward payment and renewal transactions to the state within 24 hours of that payment.
  • Appointment Renewal and NIPR processing fees are non-refundable.
  • Failure to remit payment by the due date will result in a Late Penalty of 150% of the Invoice Fee.
  • Appointment terminations can only be processed for appointments that are shown as active on the PDB at the time the termination transaction is sent to NIPR.

Contact Information

Address

Office of Superintendent of Insurance
P.O. Box 1689
Santa Fe, NM 87504
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..

Submit request/changes in writing to the New Mexico Department of Insurance.

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 under a similar license within five years preceding date of application for the new license, unless the previous license was suspended, revoked or continuation thereof refused by the superintendent

Not applicable.

Submit request/changes in writing to the New Mexico Department of Insurance.