Renewal Fees (for individual licenses)
Renewal Period: 90 days prior to expiration date – Expiration date of license
Late Renewal Grace Period (additional fee): Day 1-30 after expiration
Late Renewal Period (additional fee): Day 31- one year after expiration.
License Renewal Fee Late Renewal Fee - Grace Period Late Renewal Fee
Producer $60 $150 ($60 + $90 late fee) $180 ($60 + $120 late fee)
Adjuster $60 $150 ($60 + $90 late fee) $180 ($60 + $120 late fee)
Consultant $100 $250 ($100 + $150 late fee) $300 ($100 + $200 late fee)
Surplus Lines Broker $200 $500 ($200 + $300 late fee) $600 ($200 + $400 late fee)
Fees shown are state fees only. There is an additional $5 that NIPR will charge.
If you are over a year late submitting your continuing education hours, you will have to re-test.
Please visit: New Mexico / Resident Renewal / Individual | NIPR for more fee information.