State Requirements
Renewal Period
- -
Late Renewal Periods
- TBD
Termination Deadline
Invoice Date
- TBD
Other Important Dates
- Electronic processing through NIPR is mandatory and continuation invoices cannot be paid directly to the Department of Insurance.
- Termination notices for individual appointments that you do not wish to renew must be received by NIPR no later than December 27, 2024, to allow enough time for processing before the renewal invoices are created.
- Appointment renewal fees will be due for every Insurance Producer and Limited Surety licensee listed on the invoice. Companies will not be allowed to terminate any appointments on the list once the invoice and list has been generated and made available.
- Invoices will be available, and companies may begin paying their appointment renewal invoices beginning on January 3, 2025, through 5:00 PM CST on March 1, 2025.
- Payments received after 5:00 PM CST on March 1, 2025, will not be accepted and will be cancelled by New Mexico.
- New Mexico does not issue refunds.
State Fees
- $20/LOA/Appointment
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
AddressOffice of Superintendent of Insurance
1120 Paseo De Peralta
Santa Fe, NM 87501
United States
P.O. Box 1689
Santa Fe, NM 87504
United States
Phone:
855-4ASK-OSI (427-5674)
Fax:
(505) 827-4349
Email:
Agents.licensing@osi.nm.gov
Special Instructions
Frequently Asked Questions
Online printing information can be found by going to NIPR's license print page and selecting the state..
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.