How to Renew Your Insurance License in New Mexico
How To Renew Your Insurance License In New Mexico
Individual producer licenses in New Mexico are renewed every year. Your license will expire on April 30th each year. (This may change as of July 2017.)
To renew your license, you must complete all continuing education (CE) requirements listed below prior to starting the renewal process.
The fee for license renewal is $30.
After completing all of CE, you may renew your license at the NIPR New Mexico Renewal page.
New Mexico Continuing Education Requirements
The state of New Mexico requires that resident individual licensees complete fifteen (15) credit hours of continuing education every one year renewal period. Of those hours, one (1) of those hours must be in the subject of ethics.
If you have a producer license in more than one line of authority (ex. Property & Casualty and Life & Health), you do not need to complete double the hours.
You may take your continuing education courses either in person in a classroom setting or online as a self-paced course. The online courses usually require reading of the subject at hand, then a test at the end.
Upon completion of these courses, the company who you took the course should send the certificate of completion directly to the state. You should, however, print a copy of this certificate to keep in your records just in case there is a dispute later.
StateRequirement recommends Kaplan Education Company for all insurance CE courses.
For more on New Mexico continuing education, visit New Mexico's page on CE.
For a list of approved New Mexico CE course providers, visit the New Mexico Continuing Education Provider List.
Information on this page has been gathered by a multitude of sources, and was most recently updated in November 2016.
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.
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