New Mexico PreLicensing Requirements

Individual Resident Producer Requirements

To qualify for a resident New Mexico insurance producer license, the applicant must satisfy the following requirements:

  • Be at least 18 years of age
  • Pass the appropriate licensing exam
  • Be competent, trustworthy, and financially responsible
  • Be in compliance with other applicable qualifications and requirements of the New Mexico Insurance Code

PLE Requirements

State Candidate Handbook

Before making an exam reservation Candidates should thoroughly review the New Mexico Candidate Handbook, which contains the exam content outline and important information regarding eligibility and the examination and licensing application process.

Course Delivery

Applicants must read each lesson before they can proceed to the next lesson.

Exam Requirements

  • Passing Score: PreLicense.com suggests students pass PreLicense.com's mastery exam with a score of 75% or higher.
  • Exam Proctor Requirements: The mastery exam does not require a proctor.

Certificate of Completion

The New Mexico Office of Superintendent of Insurance does not require a PLE certificate of completion.

State Reporting Requirements

The New Mexico Office of Superintendent of Insurance does not require PLE course completions to be reported.

State Licensing Exam

Before paying and scheduling for an examination, make sure that you have reviewed the following checklist:

You must complete and submit the license application (form 210), along with any other documentation, Examination Registration Form (found at the end of this Candidate Information Bulletin), and all fees to the New Mexico PSI Processing Center.

Registration Form (found at the end of the Candidate Information Bulletin), and all fees to the New Mexico PSI Processing Center.

New Mexico PSI Processing Center
PO Box 28909
Santa Fe, NM 87592

New Mexico applications and forms can be found online at:

http://www.osi.state.nm.us/agent-licensing/forms-applications.html#instructions

Upon approval, you will be sent an email notification of eligibility, along with instructions for scheduling the examination.

Methods of Registration

Materials Needed at Testing Center 

You must bring one form of a Government issued identification, which bears your signature and your photograph. Your name as shown on the application form must exactly match the name on the photo I.D. used when checking in at the examination site.

Important: Application fees are valid for six months. If you do not take your exam within six months of receiving notification of approval, you will need to reapply. Fees are not refundable or transferable.

Exam Fees and Test Centers

State Exam Passing Score

Candidates must pass the state licensing exam with a 70% or higher to file a license application.

Exam Retakes

If you fail an exam twice, you will not be allowed to retake it again for 30 days. If you fail an exam an additional 2 times, you will have to wait an additional 6 months to schedule and take your exam.

License Application Process

Ways to Apply

Apply online:  Click here to apply online.

Apply by Paper:  Applicants may apply for an agent license by mailing the completed license application, registration form, all fees, and any other required supporting documentation to Prometric’s New Mexico office. All of New Mexico’s applications and forms can be found online at www.nmprc.state.nm.us/als.htm

Materials Needed to Apply

Candidates will need to forward the materials listed below to the New Mexico Insurance Division.

  • Completed license application
  • Exam registration form
  • Exam and application fees

All of New Mexico’s applications and forms can be found online at http://www.osi.state.nm.us/agent-licensing/forms-applications.html#instructions.

All resident license applicants must be fingerprinted as part of the application process. Please review requirements here.

New Resident Producer Requirements

A new resident may take the license exam before moving to New Mexico. A nonresident who is moving to New Mexico and who held a resident agent license in another state must file a license application with a Letter of Clearance from the other state. Contact the Agent Licensing Bureau of the New Mexico Insurance Division at 505-827-4601 for more information.

Application Process

Ways to Apply

Apply online:  Click here to apply online.

Apply by Paper:  Applicants may apply for an agent license by mailing the completed license application, registration form, all fees, and any other required supporting documentation to Prometric’s New Mexico office. All of New Mexico’s applications and forms can be found online at www.nmprc.state.nm.us/als.htm.

All resident license applicants must be fingerprinted as part of the application process.  Please review requirements here.

Materials Needed to Apply

  • Completed license application
  • Exam registration form
  • Letter of clearance from previous home state
  • Exam and application fees

All of New Mexico’s applications and forms can be found online at www.osi.state.nm.us.

Nonresident Producer Requirements

Nonresidents who wish to be licensed in New Mexico must contact the Agent Licensing Bureau of the New Mexico Insurance Division for more information on licensing requirements.

Contact Information

New Mexico Office of Superintendent of Insurance
Agent Licensing Bureau
P.O. Box 1269
Sante Fe, NM 87504
Phone: (505) 827-4601
Email: agents.licensing@state.nm.us

PSI

800-733-9267
www.psiexams.com

The licensing information presented here is a brief summary only and is not intended to be comprehensive or complete. We urge you to check with your state's insurance department for complete and current information about its licensing rules and requirements.

PreLicense.com Course Features Enhance the Exam Prep Experience

Prepare for your state insurance license exam with confidence. Engaging course features enhance the PreLicense.com study experience by reinforcing key points that are essential for passing the license exam:

  • State-tailored courses cover the topics you need to know to pass your state’s license exam – and nothing more.
  • Video introductions and summaries to each lesson reinforce key test points
  • Dynamic glossary works two ways:
    • Click Glossary on the course menu bar and get fast access to hundreds of insurance terms and definitions
    • Place the cursor over any highlighted word in the lesson for an instant pop-up definition
  • Search for any word or phrase in the course quickly with the easy-access Search feature.
  • Practice makes perfect! Check your knowledge and sharpen your test skills with end-of-lesson quizzes and an end-of-course mastery exam. Immediate scoring helps you pinpoint subjects or topics that may require additional study.
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