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New Mexico Independent Adjuster Bond

Purchase your bond instantly online when you choose one of the 3 term options below. Save time and money by extending your bond term. Choosing a longer term now means you pay 25% less for your bond each year and forego the annual renewal process.

$100.00

1 year term

$175.00

2 year term - save $25.00!

$250.00

3 year term - save $50.00!

We offer 24/7 instant email delivery. Buy your bond now to get it within 6 minutes!

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How much does a New Mexico independent adjuster bond cost?

New Mexico independent adjuster surety bonds cost $100 per year. Multi-year-discounts are available for adjusters who choose to purchase an extended bond term.

How can you get a New Mexico independent adjuster bond?

To get a New Mexico independent adjuster surety bond, select the term length you would like and provide the licensee's name, residential address, and National Producer Number (NPN) to buy your bond securely online in minutes. Once your payment is received, your official bond documents will be delivered to your email.

If you are a New Mexico public adjuster, you can buy your $10,000 public adjuster bond here.

How fast can I get an independent insurance adjuster bond in New Mexico?

SuretyBonds.com offers instant New Mexico independent adjuster surety bond delivery 24/7. Purchase now and receive your official New Mexico surety bond delivered in minutes by email.

Bond Type
$10,000Independent Adjuster Bond

What is a New Mexico independent adjuster bond?

According to NMSA 1978 Section 59A-13-NMSA 1978, the New Mexico Office of the Superintendent of Insurance Producer Licensing Bureau requires the state's independent insurance adjusters to purchase and file a $10,000 surety bond before they can be licensed. These bonds are continuous until canceled and must be renewed annually. If the bond is to be canceled, the surety must submit a cancellation notice to the Agent Licensing Bureau at least 30 days before the cancellation date.

Note: New Mexico enforces separate license and bonding requirements for independent adjusters and public adjusters. If you're a public adjuster, review our New Mexico public adjuster bond page for more information.

Why do you need the New Mexico independent adjuster bond?

This bond ensures that the principal (licensee) complies with New Mexico Insurance Code provisions that pertain to independent insurance adjusters. If a principal fails to follow New Mexico regulation and consumers are harmed, a claim can be made against the bond. The bond can provide reparation for damages if the licensee is found guilty of law violations or unfair practices while working as a licensed independent adjuster.

How do I update or change my independent adjuster bond form?

If the New Mexico Office of the Superintendent of Insurance requires your surety bond documentation to be updated for any reason, contact your surety provider. If you purchased your bond from SuretyBonds.com, email [email protected] to explain the needed change.

The most common changes for these bonds include:

  • independent adjuster's name
  • independent adjuster's home and/or business address
  • independent adjuster's National Producer Number (NPN)

How do I renew my independent adjusters bond in New Mexico?

Your New Mexico independent adjuster surety bond must be renewed whenever the current term expires. Once you pay your SuretyBonds.com renewal invoice, you'll receive renewal instructions to keep your bond active according to New Mexico insurance code.

How do you get your adjusters license in New Mexico?

Applicants must meet the following licensing requirements established by the Office of the Superintendent:

  • Minimum 18 years old
  • Resident of New Mexico
  • Complete all license application
  • File a $10,000 surety bond
  • Pay the $30 license fee

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