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New Mexico Insurance Licensing State Requirements

On this page, you will find all of the state-specific information for Insurance Licensing in the state of New Mexico. This information pertains to resident license applicants. For additional information for resident licensing, or for non-resident license information, please refer to the New Mexico Division of Insurance website at http://www.nmprc.state.nm.us. Information is subject to change, and we will do our very best to make the process of completing your licensing education requirements as simple as possible.


New Mexico Office of the Superintendent of Insurance

P.E.R.A. Building, Room 434 
1120 Paseo de Peralta 
Santa Fe, New Mexico 87504
PO Box 1269  Santa Fe, NM 87504
Phone: 505-827-4601 or 800-947-4722 (in NM)
Fax: 505-827-4734
Website: http://www.osi.state.nm.us
Email: Agents.Licensing@state.nm.us

How to Get Your New Mexico Insurance License

 

1. Complete an Insurance Exam Prep Course

Those looking to earn a New Mexico insurance license have a significantly higher chance of passing their licensing exam when they complete one of Kaplan’s exam prep courses. Give yourself the best chance to pass before you sit for the state exam. 

Prelicensing Education Hour Requirements

The state of New Mexico does not require prelicensing education. Although prelicensing education is not required, due to the difficulty and nature of the exam, Kaplan highly recommends enrolling in a study course.

Acceptable Methods of Education:

  • Classroom
  • Self-study
  • Online

Adjuster License Requirements

Disclosure for states that require an Adjuster licensing exam and license:

All insurance adjusters in this state are required to be licensed. Check with the Department of Insurance in your resident state to see how to obtain an adjuster license.

2. Pass Your New Mexico Licensing Exam

To earn a New Mexico insurance license, you must first pass a state licensing exam for each desired line of authority. Kaplan’s exam prep content is based directly on the New Mexico licensing exams, so you will be prepared to pass the first time.
Exam Provider: PSI
For exam information and for scheduling, go to the PSI website: https://www.psiexams.com/test-takers/   
Phone Number: 877-526-6833

3. Get Fingerprinted

Fingerprinting and Background Check information can be found on the NM Department of Public Safety website: https://www.dps.nm.gov/law-enforcement-records-bureau/fingerprinting-and-background-checks/ 

4. Apply for a New Mexico Insurance License

Once you have passed your state licensing exam, you are ready to apply for an insurance license.
For Information, Rules and Requirements, an FAQ and to apply, please go to the NIPR website: https://nipr.com/licensing-center/state-requirements/new-mexico-resident-licensing-individual 

 

5. Plan to Complete Required Insurance Continuing Education (CE) Credits

Every insurance producer must adhere to their home state’s CE requirements. Stay on top of your CE and ahead of the competition with 365 days of unlimited course access when you enroll in a CE library with Kaplan. 

Learn how to renew a New Mexico insurance license by clicking here.

 

Notice

This information is based on state laws and regulations and is subject to change. Kaplan Financial Education makes every effort to make sure this information is current and accurate, however, Kaplan Financial Education is not engaged in rendering legal or professional advice and shall not be held responsible for inaccuracies contained herein.

 

Select a Line of Authority and Start Earning Your License Today:

Life & Health

This license qualifies you to explain, sell, and write life and health insurance products in New Mexico.

 

Property & Casualty

This license qualifies you to sell products designed to protect from financial issues as a result of damage or injury in New Mexico.

Personal Lines

This license qualifies you to sell a variety of insurance plans directly to consumers in New Mexico.

 

Adjuster

This license qualifies you to investigate and adjust any claim in connection with an insurance policy in New Mexico.