New Mexico historically required an independent adjuster to file a $10,000 bond with the Office of Superintendent of Insurance. We issue it at $300 flat — but be aware the independent adjuster bond requirement was repealed in 2023, so confirm with the OSI before you buy.
















If you've confirmed you still need it, license bonds are the simplest thing in surety:
Your details and an effective date. That's the application — no financials, no credit check section.
Bonds like this issue right after purchase in most cases. At most, 1–2 business days.
Your executed bond and power of attorney arrive by email. Wet-ink original mailed on request.
$10,000 bond × 3% = $300, one-time per term. Fixed amount, fixed price, multi-year if you want it.
New Mexico's Office of Superintendent of Insurance historically licensed independent adjusters and conditioned the license on a $10,000 surety bond. The bond was a compliance guarantee: it stood behind the adjuster's obligation to follow the New Mexico Insurance Code and the OSI's rules.
Here is the honest part: the OSI repealed the independent adjuster bond requirement effective June 2023. Many independent adjusters in New Mexico no longer need to file a bond at all. The requirement may still apply to public adjusters, who handle claims on behalf of policyholders.
So before you buy: confirm with the Office of Superintendent of Insurance whether your specific license still requires a bond. If it does, we issue the $10,000 bond at a flat 3% with no credit check. If it does not, we will tell you and you keep your $300.
These are the actual issuing fields — no credit check section. But verify with the OSI that you still need this bond before you submit.
Start the application →If yours isn't here, the bond team can usually answer within the hour.
$300 flat if you need it — and we will tell you plainly if you do not. Free until issued.