This surety bond is required for non-resident insurance brokers by the New Mexico Public Regulation Commission. The bond states that the bondholder shall account to any person requesting him to obtain insurance for money premiums collected by the insurance other than life. The required bond amount varies, but Surety1 can usually provide this bond at a competitive price regardless of the bond amount you need.
To Secure a New Mexico Broker Bond:
- Complete an online application.
- One of our expert commercial surety agents will call and email you with the firm quote and an agreement to sign.
- Provide payment and your signed agreement, then you will receive your bond!
** all bonds are subject to the underwriting terms and conditions of the issuing company.