New Mexico Ignition Interlock Installer Bond Guide
If you’re applying for an ignition interlock device (IID) installer license in New Mexico, you’ll likely need this surety bond.
Bond Overview
- Purpose: To protect the public from harm due to faulty IID installation
- Who Needs It: All licensed ignition interlock installers
- Regulating Body: The New Mexico Department of Transportation
- Required Coverage: $10,000
- Premium Rate: $100 for a 1-year term
Learn all about the bond requirements and process in this guide.
What Is a New Mexico Ignition Interlock Installer Bond?
A New Mexico ignition interlock installer bond serves as a financial guarantee that installers will comply with regulations and properly install breath alcohol devices.
The New Mexico Department of Transportation requires this bond as part of the licensing process for IID installers in the state.
How Much Do Ignition Interlock Installer Bonds Cost in New Mexico?
A $10,000 New Mexico ignition interlock installer bond costs a flat rate of $100 for a 1-year term. Or, you can save 25% by selecting a multi-year term.
Click below to buy your bond in minutes!
SuretyBonds.com offers the lowest available rates from our nationwide provider network with no added fees.
Who Needs an Ignition Interlock Installer Bond?
New Mexico state law requires anyone convicted of a DWI to get a breath alcohol ignition interlock license and device installed in their vehicle.
The New Mexico Department of Transportation, Traffic Safety Division requires this bond for all certified installation providers for ignition interlock devices.
How Do I Get My Bond?
With SuretyBonds.com, you can buy your New Mexico ignition interlock installer bond instantly online. Just enter your information and checkout in minutes.
We’ll email you the bond shortly after purchase. Be sure to file the bond with the New Mexico Department of Transportation as instructed.
If you have any questions, call our friendly surety experts at 1 (800) 308-4358 for assistance.
How Does a New Mexico Ignition Interlock Installer Bond Work?
As with all surety bonds, an ignition interlock installer bond creates a legal contract between three parties:
- Principal: You, the IID installer filing the bond
- Obligee: The New Mexico Department of Transportation requiring the bond
- Surety: The provider issuing the bond
If you break the bond terms, harmed parties can file claims. The surety will pay valid claims up to the bond amount, but you are ultimately responsible for refunding the surety.
How Do I Renew My Bond?
These bonds expire annually. To renew your ignition interlock installer bond, simply pay your renewal invoice when prompted.
We’ll begin contacting you by phone and email 90 days before the expiration date.
