This surety bond is required by the Superintendent of Insurance and the State Treasurer of the State of New Mexico. The bond states that the bondholder shall well, truly, and faithfully comply with the provisions of 59A-14-8, Laws 1984. The required bond amount is $20,000. The premium on this bond is generally as little as $200.
To Get a New Mexico Surplus Line Broker’s 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.