New Mexico Surety Bonds

Surety bonds are utilized by various regulators before a company or individual can become licensed or pursue a task. With Jet, you can purchase your bond in minutes. Start saving on your surety need now.

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New Mexico Surety Bonds

Highlighted Surety Bonds

Choose one of the popular New Mexico bonds below to read more about it.

Auto Dealer Bond

The New Mexico Motor Vehicle Division requires vehicle dealers to file a $50,000 bond. Motorcycle dealers will need to file a $12,500 bond.

Public Adjuster Bond

To be licensed as a public adjuster or insurance adjuster, The Superintendent of Insurance, Producer Licensing Bureau requires a $10,000 surety bond.

Contractor License Bond

All licensed contractors are required to carry a $10,000 bond.

Notary Bond

Throughout their 4-year commission, New Mexico notaries must carry a $10,000 bond.

Mortgage Bonds

To qualify for a mortgage license within the State of New Mexico, either a Mortgage Loan Company Bond or a Mortgage Loan Originator Bond is required.

Title Agent Bonds

During the first three years of licensure as an escrow company in New Mexico, the Regulation of Licensing Department requires a $100,000 Escrow Company Bond.

Bond Categories

undefinedFidelity Bonds

Not always required legally, but a good idea to have, fidelity bonds include Dishonesty, Janitorial, Business Service, Financial Institution, and ERISA bonds.

undefined Union Bonds

Contractors hiring union laborers may need to hold a surety bond to ensure the laborers are paid their dues.

undefinedCourt Bonds

Court bonds include appeal bonds, replevin bonds, lien bonds, and more. These are for plaintiffs and defendants going through certain court processes.

undefinedProbate Bonds

Probate bonds are either required by the court or called out in a will when someone is to act on behalf of another regarding medical and/or financial decisions.

State Bond Information

Jet's New Mexico bond database consists of over 150 bond types for several industries. Whether you need a contractor bond, appraisal management company bond, mortgage loan company bond, motor vehicle dealer bond, or something else, Jet's got you covered.

Cities, counties, and state regulatory agencies enforce surety bonds as a way to ensure the well-being of New Mexico's people and beautiful landscapes. Jet Insurance Company is the guarantor to these requiring parties which allows companies and individuals to get on with their careers, jobs, or lives. Let's use contractors as an example. If a contractor fails to complete the house according to the contract, the homeowner can file a claim on the contractor's license bond to be compensated up to the bond limit. Read more about Surety Bond Claims.

Jet's application was made with the customer's time in mind, only asking for the information needed to provide you with a quote—and often the option to purchase—within minutes. By going direct with Jet, you eliminate agents and brokers (middlemen) and gain access to a convenient monthly payment option as well as low annual and multi-year rates.

Jet is approved to issue surety bonds in New Mexico (Certificate of Authority #506539085).

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