New Mexico motor club bonds.
From $100.

A motor club admitted to transact business in New Mexico files a surety bond with the Office of Superintendent of Insurance as the deposit its certificate of authority requires under NMSA 1978, Section 59A-50-4(B)(5). OSI sets the amount for your club, and premiums cost 1% of the bond amount, $100 minimum.

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Filed with the OSI Company Licensing Bureau as the deposit backing a motor club certificate of authority

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Amount is set by OSI from the annual membership fees you collect from New Mexico residents — it scales as that fee income grows

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No credit check up to $50,000 — above that, a soft pull at most, which never affects your score

From $1001% of the bond amount, $100 minimumA-ratedA.M. Best carriersInstantissued the moment you pay

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Price

How much does a New Mexico motor club bond cost?

1% of the bond amount, from $100. Enter your amount in the calculator for the exact price.

How it works

Three steps. One sitting.

A motor club deposit bond carries none of the underwriting drag of a construction bond. Enter your amount, pay, and file the original with the Company Licensing Bureau. The whole thing:

NOW · ONLINE

Apply online

Entity type, club address, contact and owner names, the bond amount OSI has set, and an effective date. That is the application. No credit check up to $50,000.

INSTANTLY

Pay & e-sign

The bond issues right after purchase for the great majority of applicants. Your executed bond and power of attorney land in your inbox, e-signed and ready.

SAME DAY

File with OSI

OSI wants the ORIGINAL surety bond in paper, mailed to the Company Licensing Bureau at 1120 Paseo De Peralta, Room N-421, Santa Fe, along with three copies of Deposit Form 600. We mail the wet-ink original on request at no charge.

About this bond

What it is and who needs it.

What the motor club bond actually guarantees

New Mexico regulates motor clubs as part of its Insurance Code, not through the Motor Vehicle Division. A club that sells memberships promising motor-vehicle services — towing and emergency road service, trip routing, reimbursement arrangements and similar member benefits — needs a certificate of authority from the Office of Superintendent of Insurance before it may transact that business in the state.

The deposit is what stands behind the memberships. A motor club takes money up front for services it will render later, so OSI conditions the certificate on a bond filed with the Company Licensing Bureau. It is a three-party arrangement: the club (the principal), the surety carrier, and the Superintendent of Insurance (the obligee), with New Mexico members as the protected parties. Because the required amount is derived from the membership fees collected from New Mexico residents, the bond scales with your actual exposure in the state.

It is not insurance for the club. If the surety pays a claim, the club repays the surety — the bond buys the state's confidence, not your indemnity. The certificate of authority renews on or before March 1 each year, and OSI treats certificates as perpetual, so no new certificate issues at renewal; the bond simply has to stay in force. We track the term and reach out ahead of expiry so the filing never goes stale.

NMSA 1978 § 59A-50-4(B)(5)New Mexico licenses motor clubs through the Office of Superintendent of Insurance under the Motor Club Law, NMSA 1978, Chapter 59A, Article 50. Section 59A-50-4(B)(5) conditions the certificate of authority on a deposit made with the Insurance Division upon approval for licensure, and OSI's motor club checklist (form MC, Rev 3/23) directs the applicant to file the original surety bond together with three copies of Deposit Form 600. The amount is set by OSI from the annual membership fees the club collects from New Mexico residents; $25,000 is the figure most clubs file at, and it scales upward as New Mexico fee income grows. The related filings sit on a fixed calendar: the certificate of authority renews on or before March 1 yearly and is perpetual, financial statements certified by a CPA are due June 1 under Section 59A-50-5(C), and the statement of annual membership fees collected from New Mexico residents for January 1 through December 31 is due no later than May 1. A non-refundable $200 application fee applies under Sections 59A-50-3 and 59A-6-1(T)(A), and a Uniform Consent to Service of Process is required under Section 59A-50-12. Confirm your required amount with the Company Licensing Bureau at (505) 827-4362 before you buy — we will issue whichever amount OSI names.

You need this bond if you're

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Seeking admission as a New Mexico motor club — a first certificate of authority through OSI

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Keeping an existing certificate current where the bond is expiring or the carrier is non-renewing

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Expanding into New Mexico from another state and applying for admission here

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Growing your New Mexico membership base and being told by OSI to increase the deposit amount

After you buy

Claims, renewal, filing, and what sets the price.

If a claim is made

A claim comes from the party the bond protects, the obligee named on the form, when the duty the bond guarantees is not met.

The surety investigates and pays a valid claim, up to the bond amount. You then repay the surety: a surety bond is a guarantee of your performance, not insurance for you.

Renewal and term

The premium covers a one-year term from the effective date you choose.

Renew before the expiry date to keep the bond in force: the license, permit or contract it backs expects continuous coverage.

How to file it

File with OSI. OSI wants the ORIGINAL surety bond in paper, mailed to the Company Licensing Bureau at 1120 Paseo De Peralta, Room N-421, Santa Fe, along with three copies of Deposit Form 600. We mail the wet-ink original on request at no charge.

What sets the price

The premium is 1% of the bond amount, $100 minimum: the amount the obligee sets moves the price, not your business profile.

No credit check up to $50,000. Above that, the carrier may run a soft pull, which never affects your score.

Where a check runs, it decides approval; the rate is the same for everyone approved.

One application, issued instantly.

These are the actual issuing fields. No credit check up to $50,000.

Start the application →

FAQ

Common questions.

How much is the New Mexico motor club bond?Premiums cost 1% of the bond amount OSI has set for your club, with a $100 minimum. Enter the amount your certificate of authority requires and the exact figure appears at the application — there is no quote round-trip.

What amount should I enter?The amount OSI has set for your club under NMSA 59A-50-4(B)(5). It is derived from the annual membership fees you collect from New Mexico residents, which is the same figure you report to OSI by May 1 each year. Most clubs file at $25,000 and the requirement rises as New Mexico fee income grows. If you are not certain, call the Company Licensing Bureau at (505) 827-4362 and file the number they give you.

Do I pay the full bond amount?No. You pay the premium only. The bond amount is the surety's maximum liability if a valid claim is made — not a deposit, not escrow, and nobody holds your money. That is the whole point of using a bond rather than parking cash with the state.

Where do I file it?With the OSI Company Licensing Bureau, 1120 Paseo De Peralta, Room N-421, Santa Fe, NM 87501. OSI asks for the original surety bond in paper along with three copies of Deposit Form 600, so tell us at checkout and we mail the wet-ink original.

Is there a credit check?No credit check up to $50,000. Above that, the carrier may run a soft pull, which never affects your score. Most applicants approve instantly.

Which A-rated carriers underwrite these bonds?Typically Arch Insurance Company (A.M. Best A+) or Nationwide Mutual Insurance Company (A.M. Best A). Which one writes your bond depends on the bond type and your state. The carrier's name and official signature are printed on the bond you receive.

How do I contact Light RFP about this bond?Email insurance@lightrfp.com. It reaches the bond team at Light RFP Risk Management Services LLC (NY DFS License # PC-1978982). Write to us about quotes, applications, bond forms or certificates. We will respond within 24 hours.

Related bonds

Other New Mexico bonds.

Nearby states

The same bond in nearby states.

Price and requirements checked on the carrier’s application, 7 October 2026. Page updated 15 October 2026.

Certificate of authority waiting on one filing.

Enter the amount OSI set for your club, pay, and mail the original to the Company Licensing Bureau. Free until issued.

Start application

New Mexico motor club bonds.From $100.