home about NIPR search contacts/help top header photo
header logo bottom header photo
state-specific information new mexico
This page provides state-specific checklists, application forms and contacts for paper resident and non-resident licensing in the State of New Mexico.
non-resident licensing checklist for business entities
Organizational Documents
 
 
All business entities should be aware that other licensing and registration requirements for corporations and partnerships may exist. Corporations may contact the Corporations Bureau of the New Mexico Public Regulation Commission at (505) 827-4508 to determine the applicable requirements and to register. Partnerships may contact the Secretary of State’s Office (505) 827-3600 to determine the applicable requirements and to register.
Other Requirements
 
Must be licensed in good standing in the agency's home state for all lines for which the agency is applying for a non-resident license. Can apply by paper or online.
 
Submit application with a check or money order for appropriate amount.  License fee is $30.00.  Affiliate appointment fee is $20.00 for each affiliate, per line of business.  Fee for adding line(s) of authority to an existing license is $30.00. Checks must be made payable to NMPRCID.  Incomplete applications will be returned.  All fees are deemed earned when paid NMSA 59A-6.1
 
Please be aware that other licensing and registration requirements may exist.  Contact the NM Corporations Bureau at 505.827.4508 or SOS at 505.827.3600.
 
New Mexico does not require that the agent designated to act on behalf of the business entity be an officer or partner in the business entity. The designee need only be licensed as a licensed producer in the state.
 
To verify that the license has been approved and processed click here. Then click on Business Entity Search.
 
If you answer “yes” to any of the background questions, please attach supporting documentation to the application or submit to NIPR attachment warehouse, or by email to agents.licensing@state.nm.us  or by fax to 505.827.4373.

Appointment Requirements After Licensing

 

Affiliate(s) must be added within 60 days from the date the license is issued.  Submit form 202B with fees.

Back to Top
non-resident licensing checklist for individuals
Appointment Requirements
 
 
Appointments can be submitted electronically or by paper by the Insurer. Appointment fee is $20.00 per line of business.  Agent must be appointed within 60 days from the date the license is issued.
Other Requirements
 
Must be licensed in good standing in your home state for all lines for which you are applying for as a non-resident license.
 
Submit application online or by paper.  License fee is $30.00.
Make checks payable to NMPRCID.  All fees are deemed earned when paid and are not refundable.
 
Fee for adding line(s) of authority to an existing license is $30.00.
 
Must hold or apply for life when applying for variable contacts.
 
FINRA Status requirements: Prior to applying for a Variable Contracts license, an individual must be registered with FINRA.
 
To verify that the license has been approved and processed click here. Then click on ‘Agent/Producer Search’.
Back to Top
resident licensing checklist for business entities
Appointment Requirements
 
 
Affiliate(s) must be added within 60 days from the date the license is issued.  Submit form 202B with fees.
Other Requirements
 
Affiliate must be licensed and in good standing for all lines for which the agency is applying for resident license.
 
Submit application with a check or money order for appropriate amount.  License fee is $30.00.  Affiliate appointment fee is $20.00 for each affiliate, per line of business.  Fee for adding line(s) of authority to an existing license is $30.00. Checks must be made payable to NMPRCID.  Incomplete applications will not be processed and will be returned.  All fees are deemed earned when paid and will not be refunded whether or not the application Is processed.
 
Please be aware that other licensing and registration requirements may exist.  Contact the NM Corporations Bureau at 505.827.4508 or SOS at 505.827.3600.
 
New Mexico does not require that the agent designated to act on behalf of the business entity be an officer or partner in the business entity. The designee need only be licensed as a licensed producer in the state.
 
To verify that the license has been approved and processed go to: http://www.nmprc.state.nm.us/als.htm  and click on Business Entity Search
 
If you answer “yes” to any of the background questions, please attach supporting documentation to the application or submit to NIPR attachment warehouse, or by email to agents.licensing@state.nm.us  or by fax to 505.827.4373
Back to Top
resident licensing checklist for individuals
Appointment Requirements
 
 
Appointments can be submitted electronically or by paper by the Insurer. Appointment fee is $20.00 per line of business.  Agent must be appointed within 60 days from the date the license is issued.
Other Requirements
 
Must be licensed and in good standing in your home state for all lines for which you are applying for as a resident license
 
Submit application online or by paper.    License fee is $30.00.
Make check or money orders payable to NMPRCID.  Incomplete applications will not be processed and will be returned.  All fees are deemed earned when paid and are not refundable whether or not the application is processed.
 
Must be current with continuing education credits.
 
To activate a license, applicant must not be inactive over five years.

Fee for adding line(s) of authority to an existing license is $30.00.
 
Must hold or apply for life when applying for variable contacts.
FINRA Status requirements: Prior to applying for a Variable Contracts license, an individual must be registered with FINRA.
 
To verify that the license has been approved and processed go to  http://www.nmprc.state.nm.us/insurance/agent-licensing/index.html and click on ‘Agent/Producer Search’.
Back to Top

DISCLAIMER

The National Insurance Producer Registry ("NIPR") populates the State Matrix of Business Rules ("State Matrix") with information provided directly from participating state insurance departments. Participating states are encouraged to provide updated information when appropriate. NIPR does not guarantee the completeness, accuracy or adequacy of the information in the State Matrix. The information in the State Matrix does not constitute legal advice and use of this information is at user's own risk and responsibility. Any questions regarding the interpretation of the rules or the accuracy of the information should be directed to the appropriate state insurance department.

 
Uniform Application for Business Entities
[PDF] [Word]
Uniform Application for Individuals
[PDF] [Word]
non-resident licensing
New Mexico accepts the Uniform Licensing Application for nonresident business entities and individuals.
Business Checklist
Individual Checklist
resident licensing
New Mexico accepts the Uniform Licensing Application for resident business entities and individuals.
Business Checklist
Individual Checklist
contact information
New Mexico Web Site

Mail Applications to:
New Mexico Insurance Division
P.O. Box 1269
Santa Fe, NM 87504-1269

Overnight:
1120 Paseo De Peralta
Santa Fe, NM 87501

Non-Resident Contacts

Business and Individual
Agents Licensing Section
Call Center
505-827-4601
Fax: 505-827-4373

Resident Contacts

Business and Individual
Agents Licensing Section
Call Center
505-827-4601
Fax: 505-827-4373

 
[ Home | NAIC Web Site | About NIPR | Contact Us | Search | Help | Privacy Statement ]
Copyright 1996 - 2014 National Insurance Producer Registry