How to Get a New Mexico Insurance License

Written by: Ethan Peyton

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How to Get a New Mexico Insurance License

Getting your New Mexico insurance license is the first step to becoming an insurance agent in New Mexico. Whether you’re interested in selling property and casualty insurance, life insurance, health insurance, or any combination of those lines of authority, this article has the information you need to get started.

The New Mexico Department of Insurance has a 6-step process on how to become an insurance agent in New Mexico. We’ll walk you through step-by-step; from the license application to insurance test prep, to the New Mexico insurance exam, and beyond.

This guide has everything you need to know to get your NM insurance license quickly and easily.

How to Get Your New Mexico Insurance License

Getting your insurance license in New Mexico is easy! Just follow our step-by-step guide. Be sure to bookmark this page so that you can visit it again throughout this process.

Step 1. Which Insurance Licenses Do You Need?

The first step to getting your insurance license is choosing which licenses you need. The most common licenses new insurance agents get are the property & casualty license (P&C)life and health insurance license (L&H).

The types of insurance products and policies you’ll be selling will determine which licenses you need. Here are some examples of the types of policies you can market with each license:

Most insurance agents and producers choose to get both P&C and L&H licenses, but if you plan on specializing in only one category then you don’t need every license.

Insurance adjusters require a separate license. You can find more information on becoming an insurance adjuster here: New Mexico Insurance Adjuster License.


If you plan on specializing as a life insurance agent, then you may also need to hold a certain FINRA securities license.

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. New Mexico Insurance 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. New Mexico 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.

Recommended Course

For New Mexico insurance pre-license education courses and exam prep, StateRequirement recommends:

4.7 out of 5 starsKaplan Education Company

Step 5. New Mexico Insurance License Exam

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:

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

Looking for a guide to passing the insurance exam in New Mexico? Check out our New Mexico Insurance License Exam article.

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.


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. Check out our review of the Kaplan Insurance Course.

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. 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.

After Getting Your New Mexico Insurance License

Once you’ve passed your exams and completed the licensing application, you are now a licensed insurance agent in New Mexico. A common question we hear is, “I have my insurance license, now what?” Here are a few things you can do or need to know:

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



License Search: New Mexico Insurance License Search and Lookup

New Mexico Insurance License FAQ

How long is the insurance license period in New Mexico?

Learn how to get an insurance license renewal here: New Mexico Insurance License Renewal

How long does it take to get an insurance license in New Mexico?

2-8 weeks. The bulk of the time is spent studying for your New Mexico insurance exam. Some people study for as little as one week and feel comfortable taking the exam. We recommend you take whatever amount of time you need to feel comfortable with the material. Check out our guide: How to Pass the Insurance Exam

How much does the New Mexico insurance license cost?

The total cost for your insurance course, application, and exam will be about $375. If you don’t pass the exam the first time, add $75 for each subsequent attempt.

How do I get a life insurance license in New Mexico?

Follow the steps above. The licensing process is the same for all insurance agent and producer licenses.

How do I get a property and casualty license in New Mexico?

Follow the steps above. The licensing process is the same for all insurance agent and producer licenses.

Do I need business insurance in New Mexico?

If you are operating a business based in New Mexico, you probably need New Mexico business insurance to protect your assets and operate safely.

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