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New Mexico Independent Adjuster Bond

How much does an independent adjuster bond cost in New Mexico?

The New Mexico Office of Superintendent, Insurance Producer Licensing Bureau requires the state’s independent adjusters to post a $10,000 surety bond before they can be licensed. SuretyBonds.com can instantly issue this bond for just $100! Everyone qualifies for the same low rate without a credit check.

Our expert surety specialists can get you bonded in less than 5 minutes. Give us a call at 1 (800) 308-4358, or contact us online now!

Bond Type Bond Amount Cost*
$10,000 Independent Adjuster Bond $10,000 $100 Buy Now
*The bond premium rate quotes provided to you through this website are for pricing comparisons and quotation estimate purposes only. The bond rate quotes provided are based on general assumptions that may or may not be applicable to you and are subject to change at any time. These rate quotes do not constitute an offer of insurance, nor is any contract, agreement, or bond coverage implied, formed or bound by the provision of rate quotes. Bondability, final bond premium rate quotes and an offer of insurance, if any, will be determined by the insurance company providing your bond. You must contact us directly to obtain a quote for binding purposes.

Connect with a surety specialist now to get bonded for just $100!

Why do I need this bond?

This bond ensures that the principal (licensee) complies with New Mexico Insurance Code provisions that pertain to insurance adjusters. If a principal fails to follow the rules and regulations of this code 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.

For more information on public adjuster bonds in New Mexico, contact an expert surety specialist now.

What’s the fine print?

The licensee’s social security number and place of residence must be listed on the bond form. These bonds are continuous until canceled. If the bond is to be canceled, the surety must submit a cancellation notice to the Agent Licensing Bureau at least 30 days prior to the cancellation date.

How to become an independent adjuster in New Mexico

To be licensed as an independent adjuster in New Mexico, applicants must:

  • be at least 18 years old
  • reside in New Mexico
  • fully complete the license application
  • submit a $10,000 surety bond
  • pay the $30 license fee

Detailed licensing requirements can be found in the “Important Links” section on this page.

If you’re ready to start the licensing process to become an independent adjuster in New Mexico, buy your required bond now!

Ready to get started?

Buy Your Independent Adjuster Bond Now!

New Mexico Office of Superintendent of Insurance

New Mexico Office of Superintendent of Insurance: Agent Licensing Bureau

New Mexico Office of Superintendent of Insurance: Agent Licensing Bureau Forms & Applications

Instructions for Independent Adjuster Application

Independent Adjuster Affiliation Form

Independent Adjuster Application

New Mexico Independent Adjuster Bond Form

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