50-State Insurance Licensing Compliance Guide
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New Mexico Insurance License

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Licensing requirements for New Mexico insurance professionals and companies.

This page provides an overview of insurance licensing in New Mexico for individuals and companies. You will find state requirements, application fees, filing instructions, and more. For assistance with licensing, please contact us to learn about our software and managed license services.

Companies that provide insurance producer services in New Mexico must apply for a license prior to doing business. Depending on the lines of authority offered by the entity and the types of services offered, multiple firm licenses may be required.

Before applying, firms should ensure that the licensed individual to be appointed agent in charge has the necessary licenses. Firms should also gather proof of incorporation, or foreign qualification for out-of-state firms, in anticipation of application requirements.

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Company Licenses

New Mexico Insurance Company Licenses

New Mexico Bail Bond Property License - Non-Resident

Agency:New Mexico Office of Superintendent of Insurance

Initial Registration

Filing Method:

Online

Agency Fee:

$30

Registration Renewal

Filing Method:

Online

Agency Fee:

$150

Due:

Biennially by March 1.

New Mexico Bail Bond Property License - Resident

Agency:New Mexico Office of Superintendent of Insurance

Initial Registration

Filing Method:

Online

Agency Fee:

$30

Registration Renewal

Filing Method:

Online

Agency Fee:

$150

Due:

Biennially by March 1.

New Mexico Independent Adjuster License - Non-Resident

Agency:New Mexico Office of Superintendent of Insurance

Initial Registration

Filing Method:

Online

Agency Fee:

$30

Registration Renewal

Filing Method:

Online

Agency Fee:

$150

Due:

Biennially by March 1.

New Mexico Independent Review Organization License

Type of Review:

Medical Utilization Review

Agency:New Mexico Office of Superintendent of Insurance

Initial Registration

Form:

IRO Application Form

Notarization Required?:Required

New Mexico Insurance Agency License

Agency:New Mexico Office of Superintendent of Insurance

Initial Registration

This section applies to insurance firms that are applying for a license in New Mexico for the first time.

Agency:New Mexico Office of Superintendent of Insurance
Filing Method:

Online

Agency Fee:

$30 for most

Registration Renewal

This section applies to insurance firms that are already licensed in New Mexico and need to renew their license.

Agency:New Mexico Office of Superintendent of Insurance
Filing Method:

Online

Agency Fee:

$30 for most

Due:

Annually by April 30.

New Mexico Insurance Consultant License - Non-Resident

Agency:New Mexico Office of Superintendent of Insurance

Initial Registration

Filing Method:

Online

Agency Fee:

$50

Registration Renewal

Filing Method:

Online

Agency Fee:

$250

Due:

Annually by March 1.

New Mexico Insurance Consultant License - Resident

Agency:New Mexico Office of Superintendent of Insurance

Initial Registration

Filing Method:

Online

Agency Fee:

$50

Registration Renewal

Filing Method:

Online

Agency Fee:

$150

Due:

Annually by March 1.

New Mexico Insurance Producer License - Non-Resident

Agency:New Mexico Office of Superintendent of Insurance

Initial Registration

Filing Method:

Online

Agency Fee:

$30

Registration Renewal

Filing Method:

Online

Agency Fee:

$60 + $20 per affiliation. 

Due:

Biennially by March 1.

New Mexico Insurance Producer License - Non-Resident (No Home State)

Agency:New Mexico Office of Superintendent of Insurance

Initial Registration

Filing Method:

Online

Agency Fee:

$30

Registration Renewal

Filing Method:

Online

Agency Fee:

$60 + $20 per affiliation 

Due:

Biennially by March 1.

New Mexico Insurance Producer License - Resident

Agency:New Mexico Office of Superintendent of Insurance

Initial Registration

Filing Method:

Online

Agency Fee:

$30

Registration Renewal

Filing Method:

Online

Agency Fee:

$60 + $20 per affiliation 

Due:

Biennially by March 1.

New Mexico Limited Surety License - Non-Resident

Agency:New Mexico Office of Superintendent of Insurance

Initial Registration

Filing Method:

Online

Agency Fee:

$30

Registration Renewal

Filing Method:

Online

Agency Fee:

$150

Due:

Biennially by March 1.

New Mexico Limited Surety License - Resident

Agency:New Mexico Office of Superintendent of Insurance

Initial Registration

Filing Method:

Online

Agency Fee:

$30

Registration Renewal

Filing Method:

Online

Agency Fee:

$150

Due:

Biennially by March 1.

New Mexico Motor Club License - Non-Resident

Agency:New Mexico Office of Superintendent of Insurance

Initial Registration

Filing Method:

Online

Agency Fee:

$30

Registration Renewal

Filing Method:

Online

Agency Fee:

$150

Due:

Annually by March 1.

New Mexico Motor Club License - Resident

Agency:New Mexico Office of Superintendent of Insurance

Initial Registration

Filing Method:

Online

Agency Fee:

$30

Registration Renewal

Filing Method:

Online

Agency Fee:

$150

Due:

Annually by March 1.

New Mexico Pharmacy Benefit Mgr License - Non-Resident

Agency:New Mexico Office of Superintendent of Insurance

Initial Registration

Filing Method:

Online

Agency Fee:

$1,000

Registration Renewal

Filing Method:

Online

Agency Fee:

$500 renewal fee + $200 report fee

Due:

Annually by March 1.

New Mexico Public Adjuster License - Resident

Agency:New Mexico Office of Superintendent of Insurance

Initial Registration

Filing Method:

Online

Agency Fee:

$30

Registration Renewal

Filing Method:

Online

Agency Fee:

$150

Due:

Biennially by March 1.

New Mexico Rental Car License - Non-Resident

Agency:New Mexico Office of Superintendent of Insurance

Initial Registration

Filing Method:

Online

Agency Fee:

$30

Registration Renewal

Filing Method:

Online

Agency Fee:

$150

Due:

Biennially by March 1.

New Mexico Rental Car License - Resident

Agency:New Mexico Office of Superintendent of Insurance

Initial Registration

Filing Method:

Online

Agency Fee:

$30

Registration Renewal

Filing Method:

Online

Agency Fee:

$150

Due:

Biennially by March 1.

New Mexico Service Contract Provider License

Agency:New Mexico Office of Superintendent of Insurance
Foreign Qualification is Prerequisite:No
Registered Agent (Special Agency) Required?No

Initial Registration

Form:

Service Contract Provider Application

Filing Method:

Mail

Agency Fee:

$500

Registration Renewal

Form:

Service Contract Provider Application

Filing Method:

Mail

Agency Fee:

$500

Due:

Annually by the date of issuance.

New Mexico Solicitor License - Non-Resident

Agency:New Mexico Office of Superintendent of Insurance

Initial Registration

Filing Method:

Online

Agency Fee:

$30

Registration Renewal

Filing Method:

Online

Agency Fee:

$150

Due:

Biennially by March 1.

New Mexico Solicitor License - Non-Resident

Agency:New Mexico Office of Superintendent of Insurance

Initial Registration

Filing Method:

Online

Agency Fee:

$30

Registration Renewal

Filing Method:

Online

Agency Fee:

$150

Due:

Biennially by March 1.

New Mexico Solicitor License - Resident

Agency:New Mexico Office of Superintendent of Insurance

Initial Registration

Filing Method:

Online

Agency Fee:

$30

Registration Renewal

Filing Method:

Online

Agency Fee:

$150

Due:

Biennially by March 1.

New Mexico Third Party Admin License - Non-Resident

Agency:New Mexico Office of Superintendent of Insurance

Initial Registration

Filing Method:

Online

Agency Fee:

$100

Registration Renewal

Filing Method:

Online

Agency Fee:

$200 renewal fee + $20 per affiliation + $50 report fee

Due:

Biennially by March 1.

New Mexico Third Party Admin License - Resident

Agency:New Mexico Office of Superintendent of Insurance

Initial Registration

Filing Method:

Online

Agency Fee:

$100

Registration Renewal

Filing Method:

Online

Agency Fee:

$200 renewal fee + $20 per affiliation + $50 report fee

Due:

Biennially by March 1.

New Mexico Viatical Broker License - Non-Resident

Agency:New Mexico Office of Superintendent of Insurance

Initial Registration

Filing Method:

Online

Agency Fee:

$100

Registration Renewal

Filing Method:

Online

Agency Fee:

$500

Due:

Biennially by March 1.

New Mexico Viatical Broker License - Resident

Agency:New Mexico Office of Superintendent of Insurance

Initial Registration

Filing Method:

Online

Agency Fee:

$100

Registration Renewal

Filing Method:

Online

Agency Fee:

$500

Due:

Biennially by March 1.

Individual Licenses

New Mexico Individual Insurance Licenses

New Mexico Bail Bond Property License - Non-Resident

Agency:New Mexico Office of Superintendent of Insurance

Initial Registration

Filing Method:

Online

Agency Fee:

$30

Registration Renewal

Filing Method:

Online

Agency Fee:

$120

Due:

Biennially by the end of the licensee's birth month.

New Mexico Bail Bond Property License - Resident

Agency:New Mexico Office of Superintendent of Insurance

Initial Registration

Filing Method:

Online

Agency Fee:

$120

Registration Renewal

Filing Method:

Online

Agency Fee:

$120

Due:

Biennially by the end of the licensee's birth month.

New Mexico Independent Adjuster License - Non-Resident

Agency:New Mexico Office of Superintendent of Insurance

Initial Registration

Filing Method:

Online

Agency Fee:

$30

Registration Renewal

Filing Method:

Online

Agency Fee:

$60

Due:

Biennially by the end of the licensee's birth month.

New Mexico Independent Adjuster License - Resident

Agency:New Mexico Office of Superintendent of Insurance

Initial Registration

Filing Method:

Online

Agency Fee:

$30

Registration Renewal

Filing Method:

Online

Agency Fee:

$120

Due:

Biennially by the end of the licensee's birth month.

New Mexico Insurance Agent License

Agency:New Mexico Office of Superintendent of Insurance

Initial Registration

This section applies to insurance agents that are applying for a license in New Mexico for the first time.

Agency Fee:

From $30 to $100 depending on license type

Registration Renewal

Filing Method:

Online

Agency Fee:

Varies based on license type

Due:

Biennially by the last day of initial registration month

New Mexico Insurance Consultant License - Non-Resident

Agency:New Mexico Office of Superintendent of Insurance

Initial Registration

Filing Method:

Online

Agency Fee:

$50

Registration Renewal

Filing Method:

Online

Agency Fee:

$200

Due:

Biennially by the end of the licensee's birth month.

New Mexico Insurance Consultant License - Non-Resident (No Home State)

Agency:New Mexico Office of Superintendent of Insurance

Initial Registration

Filing Method:

Online

Agency Fee:

$50

Registration Renewal

Filing Method:

Online

Agency Fee:

$200

Due:

Biennially by the end of the licensee's birth month.

New Mexico Insurance Consultant License - Resident

Agency:New Mexico Office of Superintendent of Insurance
Exam Required?No

Initial Registration

Filing Method:

Online

Agency Fee:

$200

Registration Renewal

Filing Method:

Online

Agency Fee:

$200

Due:

Biennially by the end of the licensee's birth month.

New Mexico Insurance Producer License - Non-Resident

Agency:New Mexico Office of Superintendent of Insurance

Initial Registration

Filing Method:

Online

Agency Fee:

$30

Registration Renewal

Filing Method:

Online

Agency Fee:

$120

Due:

Biennially by the end of the licensee's birth month.

New Mexico Insurance Producer License - Non-Resident (No Home State)

Agency:New Mexico Office of Superintendent of Insurance
Exam Required?Yes

Initial Registration

Filing Method:

Online

Agency Fee:

$30

Registration Renewal

Filing Method:

Online

Agency Fee:

$120

Due:

Biennially by the end of the licensee's birth month.

New Mexico Insurance Producer License - Resident

Agency:New Mexico Office of Superintendent of Insurance

Initial Registration

Filing Method:

Online

Agency Fee:

$120

Registration Renewal

Filing Method:

Online

Agency Fee:

$120

Due:

Biennially by the end of the licensee's birth month.

New Mexico Limited Surety License - Non-Resident

Agency:New Mexico Office of Superintendent of Insurance

Initial Registration

Filing Method:

Online

Agency Fee:

$30

Registration Renewal

Filing Method:

Online

Agency Fee:

$120

Due:

Biennially by the end of the licensee's birth month.

New Mexico Limited Surety License - Resident

Agency:New Mexico Office of Superintendent of Insurance
Exam Required?Yes

Initial Registration

Filing Method:

Online

Agency Fee:

$120

Registration Renewal

Filing Method:

Online

Agency Fee:

$120

Due:

Biennially by the end of the licensee's birth month.

New Mexico Motor Club License - Non-Resident

Agency:New Mexico Office of Superintendent of Insurance

Initial Registration

Filing Method:

Online

Agency Fee:

$30

Registration Renewal

Filing Method:

Online

Agency Fee:

$120

Due:

Biennially by the end of the licensee's birth month.

New Mexico Motor Club License - Non-Resident (No Home State)

Agency:New Mexico Office of Superintendent of Insurance

Initial Registration

Filing Method:

Online

Agency Fee:

$30

Registration Renewal

Filing Method:

Online

Agency Fee:

$120

Due:

Biennially by the end of the licensee's birth month.

New Mexico Navigator License - Resident

Agency:New Mexico Office of Superintendent of Insurance
Exam Required?No

Initial Registration

Filing Method:

Online

Agency Fee:

$0

New Mexico Pharmacy Benefit Mgr License - Non-Resident (No Home State)

Agency:New Mexico Office of Superintendent of Insurance

Initial Registration

Filing Method:

Online

Agency Fee:

$1,000

Registration Renewal

Filing Method:

Online

Agency Fee:

$1,000

Due:

Biennially by the end of the licensee's birth month.

New Mexico Public Adjuster License - Non-Resident

Agency:New Mexico Office of Superintendent of Insurance

Initial Registration

Filing Method:

Online

Agency Fee:

$30

Registration Renewal

Filing Method:

Online

Agency Fee:

$60

Due:

Biennially by the end of the licensee's birth month.

New Mexico Public Adjuster License - Resident

Agency:New Mexico Office of Superintendent of Insurance

Initial Registration

Filing Method:

Online

Agency Fee:

$30

Registration Renewal

Filing Method:

Online

Agency Fee:

$120

Due:

Biennially by the end of the licensee's birth month.

New Mexico Solicitor License - Resident

Agency:New Mexico Office of Superintendent of Insurance
Exam Required?Yes

Initial Registration

Filing Method:

Online

Agency Fee:

$120

Registration Renewal

Filing Method:

Online

Agency Fee:

$120

Due:

Biennially by the end of the licensee's birth month.

New Mexico Staff Adjuster License - Non-Resident

Agency:New Mexico Office of Superintendent of Insurance

Initial Registration

Filing Method:

Online

Agency Fee:

$30

New Mexico Staff Adjuster License - Resident

Agency:New Mexico Office of Superintendent of Insurance

Initial Registration

Filing Method:

Online

Agency Fee:

$30

Registration Renewal

Filing Method:

Online

Agency Fee:

$120

Due:

Biennially by the end of the licensee's birth month.

New Mexico Surplus Lines Broker License - Non-Resident

Agency:New Mexico Office of Superintendent of Insurance
Foreign Qualification is Prerequisite:No
Registered Agent (Special Agency) Required?No

Initial Registration

Filing Method:

Online

Agency Fee:

$100

Registration Renewal

Filing Method:

Online

Agency Fee:

$200

Due:

Biennially by the end of the licensee's birth month.

New Mexico Temporary Insurance Producer License - Non-Resident

Agency:New Mexico Office of Superintendent of Insurance

Initial Registration

Filing Method:

Online

Agency Fee:

$30

Renewal Not Required

Not required



Temporary licenses expire after 180 days and cannot be renewed.

New Mexico Temporary Insurance Producer License - Resident

Agency:New Mexico Office of Superintendent of Insurance

Initial Registration

Filing Method:

Online

Agency Fee:

$30

Renewal Not Required

Not required



Temporary licenses expire after 180 days and cannot be renewed.

New Mexico Viatical Broker License - Non-Resident

Agency:New Mexico Office of Superintendent of Insurance

Initial Registration

Filing Method:

Online

Agency Fee:

$100

Registration Renewal

Filing Method:

Online

Agency Fee:

$400

Due:

Biennially by the end of the licensee's birth month.

New Mexico Viatical Broker License - Resident

Agency:New Mexico Office of Superintendent of Insurance
Exam Required?No

Initial Registration

Filing Method:

Online

Agency Fee:

$100

Registration Renewal

Filing Method:

Online

Agency Fee:

$400

Due:

Biennially by the end of the licensee's birth month.

Learn about insurance licensing in other states: