New Mexico

2021 Appointment Renewals Announcement

Pay Renewal Invoices

State Requirements

Renewal Period

  • -

Late Renewal Periods

Termination Deadline

Invoice Date

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 February 26, 2021 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 Wednesday, March 3, 2021 through 5:00 PM CDT on Friday, April 30, 2021.
  • Late appointment renewals will be accepted and available beginning May 3, 2021 through May 31, 2021 for an additional late renewal fee. Please refer to fee section below for late renewal periods and fees.
  • Payments received after 5:00 PM CDT on May 31, 2021 will not be accepted and 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 3, 2021- May 31, 2021

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..

Non-resident to Resident and Exam Waivers - please refer to the following link: https://www.osi.state.nm.us/index.php/insurance-exam-waiver/.

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.