How To Become An Insurance Agent In New Mexico

How to Become an Insurance Agent in New Mexico

Getting your insurance license is the first step to becoming an insurance agent in New Mexico. Life insurance, car insurance, home insurance, or business insurance all require a license to sell in any state.

Follow our step-by-step guide to get your insurance license in New Mexico.

How To Get Your Insurance License In New Mexico

Step 1

Step 1. Which Types of Insurance Licenses Do You Need?

Depending on what type of insurance agent you want to be or what types of policies you need to sell, you will need to choose what type or types of insurance licenses you need to get.

These are examples of the types of insurance policies you can sell with each type of license:

Most insurance agents choose to get both of these licenses, but if you will only sell one type of policy then you just need to choose which license fits your needs.

Step 2

Step 2. Fingerprinting and Background Check

The State of New Mexico requires that all insurance license applications provide fingerprints prior to licensing. Giving your fingerprints will initiate a background check. If you have any prior misdemeanors or felonies, this may affect the outcome of your licensing efforts. For more information on this topic, call the Department of Insurance at (505) 827-4349 or email the Insurance Department.

You must schedule your fingerprinting appointment with 3M/CogentID.

The fee for the fingerprinting is $44. When completed, they will send the results directly to the Insurance Department. Fingerprint results last for 90 days.

Step 3

Step 3. License Application

Once you have completed your fingerprinting, you are now ready to apply for your license. Apply for all of the lines of authority that you want to attain.

The fee for an online application is $30, plus a $5 NIPR fee, for a total of $35. If you wish to add a line of authority to your license at a later date, you will fill out a new application with the same fees.

Fill out and submit your online application on the NIPR New Mexico page.

Step 4

Step 4. Insurance Pre-Exam Education

After you’ve determined which licenses you need, it’s time to begin studying for the New Mexico insurance exams.

New Mexico does not require you to take a certain amount of pre-license credits before testing. This means that studying for your exam is 100% up to you.

Most folks choose to take an insurance pre-license course online. These courses are created specifically to give you the skills you need to pass the test. Others purchase books or other self-study tools to prepare themselves.

It’s wise to take a week or so to dedicate to your study of this exam. If you don’t feel as though you’re a strong test taker, take a little longer, but don’t let it drag out for long. We want you to pass your test the first time you take it, and we know that you can do it.


For insurance license exam courses and study tools, StateRequirement recommends:

Step 5

Step 5. New Mexico Insurance License Exams

The next step after completing all of your pre-license coursework or self-study is to take the insurance exam. You will take one exam for each line of insurance you wish to carry. Property and Casualty are considered one line. This is also true for Life, Accident, and Health.

This is a proctored test, which means that you will be in a controlled environment with a person watching over you. For people who haven’t tested in a situation like this should be aware of this fact, and work on taming their nerves prior to sitting for the exam.

The fee for each attempt of the exams is $75. When you show up you must have a photo ID any other documents that the testing facility has asked you to bring.

Both the Property and Casualty and the Life, Accident, and Health exams consist of one hundred fifty (150) questions. You will have one hundred fifty (150) minutes to complete each exam. The minimum passing score is 70% correct answers.

Be sure to study the content outlines that Prometric Exam provides:

New Mexico Property and Casualty Insurance Examination Content Outline

New Mexico Life, Accident, and Health Insurance Examination Content Outline

Check out our Insurance Exam Guide. It’s extremely in-depth, and will hopefully help you pass the first time.

Insurance license tests are intentionally difficult, but not impossible by any means. You should study to the point of comfortability with the information before you attempt the test. Failing the exam isn’t the end of the world, but keep in mind that you will need to pay the fee each time you attempt the test.

Note: StateRequirement recommends that you study for one exam at a time, then after passing, starting on your next line. The exams are difficult enough on their own without confusing information from one line to another.

You may register to take your exams on the Prometric Exams New Mexico Insurance page. For more information on the exams use the Prometric Exams Insurance License Examination Candidate Information

Step 6

Step 6. Application Review

Once you have submitted your application and have filled all the other requirements, your license application will be reviewed by the state. Your background check will also be reviewed.

If everything is to acceptable standards your license should be issued quickly. If there are any items from your background check that need to be reviewed, it may slow down the process of issuance. If this is the case, the state may contact you to provide context to the issues that they have run into.

After completing your exams, your results will be sent directly to the state licensing department. A “few weeks” afterward, you will be mailed a hard copy of your license. In the meantime, you can do an agent search with the New Mexico Agent Search Tool to see if your license has been issued.


You’ve done the work, put in the time and effort, and now hold the key to your own success!  We’re proud of you. Take five (5) minutes and celebrate.

New Mexico Department Of Insurance Contact Information

Mailing Address:

Office of Superintendent of Insurance
P.O. Box 1689
Santa Fe, New Mexico 87504-1689

Phone: (505) 827-4349

Email: [email protected]


Information on this page has been gathered by a multitude of sources and was most recently updated in October 2019.

Any Information on this site is not guaranteed or warranted to be correct, accurate, or up to date. Huge Hammer LLC and its members and affiliates are not responsible for any losses, monetary or otherwise. For more information, please contact your state's authority on insurance.Disclosure: StateRequirement has an affiliation with Kaplan Education company, and may receive compensation based on user activity on this site. We truly believe that Kaplan offers excellent products and services, and compliments the mission of StateRequirement.