Most Popular Bonds in New Mexico
Required for businesses contracted with independent appraisers who provide real estate appraisals
Required for individuals who own vehicles without proper proof of ownership
Required for individuals who collect debts owed to another
Required for individuals licensed to engage in contracting and perform construction work
Most people don’t know what surety bonds are until they need one, so pricing is typically their first concern. The risk associated with the specific surety bond type will affect its cost. Bonds with limited risk, such as those for notaries, can typically be issued instantly without a credit check for a low, flat rate – usually just $50-$100. Bonds that have high risk, such as those for auto dealers, typically require underwriting before pricing can be provided.
Standard rates for bonds that require underwriting consideration are typically calculated at 1-3% of the bond amount. For example, a $10,000 bond would cost just $100-$300 provided an applicant qualifies for a standard market.
To determine your exact surety bond cost, consult a surety expert for pricing. You can request a free bond quote instantly online or by calling 1 (800) 308-4358. SuretyBonds.com will work with you to provide the lowest available rate for your needs.
Other surety agencies refuse to work with high-risk applicants who have financial issues such as low credit scores or bankruptcies. At SuretyBonds.com, we believe that all professionals should have access to the bonding services needed to achieve their business goals. That’s why we’ve established an exclusive Bad Credit Bonding Program that can approve 99% of applicants – even those with problematic credit reports.
Qualified applicants can also request premium financing, which can make bonding more affordable. Don’t let less-than-stellar financials keep you from applying for your bond. Request your approval now!
If you’re not sure about the exact type of surety bond you need in New Mexico, you’ve come to the right place. Our experts do the hard work for you! Our staff maintains an extensive bond library, but if we don’t have your form on hand, we’ll track it down.
If you have a general idea of what you need, fill out our simple online form to request more information. Or, call 1 (800) 308-4358 to speak with a bond specialist about your needs. As a bond-only agency, we have the tools and experience to find exactly what you need!
Clients who choose SuretyBonds.com appreciate our fast, easy and accurate bonding services.
We maintain relationships with the nation’s leading underwriters to ensure our clients have access to the best rates in the industry. We also maintain a proprietary bonding system to ensure our clients experience unparalleled turnaround times. Plus, our experts handle every new request with care and attention to detail.
We’re constantly looking for new ways to make the best better, so we value feedback provided by each and every client – whether they have dozens of bonds with us or are requesting their first surety bond in New Mexico.
SuretyBonds.com is legally licensed to issue bonds in New Mexico.
Agency License # 278309
Agent Producer License # 100008019