NM| New Mexico Superintendent of Insurance Office set to charge new reinsurance fees on individual resident licenses reinstated 1 to 5 years past expiration date.
Beginning November 1, 2019, the following individual licenses, that are reinstated between 1 to 5 years after expiring, will be charged the normal license fee plus the additional new reinstatement fee. New fees do not apply to entities or those individual licenses not listed.
License Class | License Fee | Reinstatement Fee | Total Fees For Reinstatement |
Insurance Producer | $30 | $90 | $120 |
Bail Bond Property | $30 | $90 | $120 |
Bail Bond Solicitor | $30 | $90 | $120 |
Insurance Consultant | $50 | $150 | $200 |
Solicitor | $30 | $90 | $120 |
Limited Surety | $30 | $90 | $120 |
Viatical Broker | $100 | $300 | $400 |
For more info, call: 1-855-4ASK-OSI (1-855-427-5674) or visit: https://www.osi.state.nm.us