New Mexico Public Adjuster Bond
The New Mexico Superintendent of Insurance requires you to post a $10,000 surety bond in order to work as an independent adjuster or as a public adjuster. Acquiring the bond is a necessary step toward being licensed by the state.
If the licensee violates state law or any provisions of the bond, the Division of Insurance or any member of the public may file a claim against your bond to recover damages. Premiums for this bond are based on your credit and start as low as $100.