NM insurance premium finance bonds.
$100 flat.
New Mexico requires a company that finances insurance premiums to file a $10,000 surety bond with the Superintendent of Insurance before it can be licensed to transact premium financing business in the state — on the state's own form, running to the superintendent for the benefit of the State, policyholders, and the public. Ours is $100 flat, the price you see is the checkout price, and the bond issues the moment you pay. Any credit screen is a soft pull only — it never affects your score.
Trusted by industry leaders
Three steps. One sitting.
Premium finance bonds are among the simplest filings in surety — one fixed amount, one fixed price. Here's the entire process:
Apply online
Company details, an effective date, and a term. That is the entire application — no financials, and any credit screen is a soft pull that never shows as a hard inquiry.
Pay & e-sign
This bond is checkout-priced at $100 flat, so it issues the moment you pay — your executed bond and power of attorney generate on the spot.
File with the Superintendent of Insurance
Your executed bond arrives by email, ready to file with your premium finance license application or renewal at the Office of Superintendent of Insurance. Wet-ink original mailed on request.
What it is and who needs it.
What the bond actually guarantees
New Mexico regulates insurance premium financing under the New Mexico Insurance Premium Financing Act, part of the Insurance Code, and licenses premium finance companies through the Office of Superintendent of Insurance. Before a license is issued, the company files the state's premium finance surety bond — penal sum $10,000 — on OSI Form D1 801.
The bond binds the principal and surety to the Superintendent of Insurance to pay the actual damages resulting to the State, to any policyholder, or to any member of the public from a violation of the Act. Its condition is that the company faithfully perform all obligations under the financing agreements it issues in New Mexico and comply with every provision of the Act.
It is not insurance for you — if the surety pays a claim, you repay the surety. The surety may terminate only on thirty days' written notice to the superintendent, and stays liable for violations occurring before termination. We track the term and send renewal notices 60 and 30 days out.
You need this bond if you're
One application, issued instantly.
These are the actual issuing fields — company details, an effective date, and a term. That is the entire application.
Start the application →Common questions.
Other New Mexico bonds.
Finish your premium finance license today.
$100 flat, issued the moment you pay, soft pull only. Free until issued.