1. Start Your Application
2. Receive Your Free Quote
3. Buy Your Surety Bond
Most Popular Surety Bonds in New Mexico
Find Your New Mexico Surety Bond
Freight Broker Bond (BMC-84) | N/A | FMCSA | Apply Now |
General license & permit bond (not listed) | N/A | N/A | Apply Now |
Contractor License Performance & Payment (State) Bond | Contractor License | Construction Industries Division | Apply Now |
Contractor License Performance & Payment (State) Bond | Installer and/or Repairman License | NM Manufactured Housing Division | Apply Now |
Contractor License Performance & Payment (State) Bond | Contractor License Code Bond | Construction Industries Division | Apply Now |
Contractor License Performance & Payment (State) Bond | Modular Structure Certification Bond | New Mexico Regulation & Licensing Dept | Apply Now |
Contractor License Performance & Payment (State) Bond | Service Contract Provider Bond | STATE OF NEW MEXICO | Apply Now |
Collection Agency Bond | Collection Agency Corporate Bond | Finance Institutions Division | Apply Now |
Professional Fund Raisers Bond | Professional Fund Raisers Bond | New Mexico - Office of the Attorney General | Apply Now |
Insurance Adjusters Bond | Insurance Adjusters Surety | New Mexico Public Regulatory Commission Licensing | Apply Now |
Mortgage Broker (1st & 2nd Mortgages) Bond | Mortgage Loan Company | Director,Financial Institutions Division, Regulati | Apply Now |
Mortgage Lender/Banker (1st & 2nd Mort.) Bond | MORTGAGE LOAN COMPANY CORPORATE SURETY BOND | State Of New Mexico | Apply Now |
Auto & Mobile Home Dealers (New & Used) Bond | Vehicle Dealer or Auto Recycler | Motor Vehicle Division | Apply Now |
Auto & Mobile Home Dealers (Used Only, No New) Bond | Vehicle Dealer or Auto Recycler | Motor Vehicle Division | Apply Now |
Motor Vehicle (Non-Dealer, Not Listed) Bond | Title Service Company Bond | Motor Vehicle Division | Apply Now |
Sport Permits Bond | Promoters of Professional Athletic Events | State Athletic Commission | Apply Now |
Detectives Bond | PRIVATE INVESTIGATOR OR PRIVATE PATROL OPERATOR LI | State of New Mexico | Apply Now |
Employment Agencies Bond | Employee Leasing Company | New Mexico Regulation and Licensing Department | Apply Now |
Professional Licenses (All Other) Bond | Employee Leasing Program | New Mexico Regulation and Licensing Department | Apply Now |
Schools (All) Bond | Driver Training School | DOT - Traffic Safety Bureau | Apply Now |
Schools (All) Bond | Private Postsecondary Institution Bond | New Mexico Higher Education Department | Apply Now |
Contractors Tax (Single Contract) Bond | Contractors Taxation Surety | State of New Mexico | Apply Now |
Contractors Tax (Single Contract) Bond | Contractors Tax (Single Contract) Bond | New Mexico Taxation & Revenue Department | Apply Now |
Utility Deposit Bond | Utility Deposit Bond | Public Service Company of New Mexico | Apply Now |
Telemarketing/Phone Solicitor Bond | Professional Fundraiser | New Mexico - Office of the Attorney General | Apply Now |
Repossession Agent Bond | Repossessor's Company Corporate | Regulation and Licensing Department | Apply Now |
Appraisal Management | Appraisal Management Company Registration | State of New Mexico | Apply Now |
Do you need more information about the New Mexico surety bond requirements? Call our bond experts at (877)-514-5146 to learn more.
How Much Does a New Mexico Surety Bond Cost?
The cost of a New Mexico surety bond ranges between $100 and $15,000, depending on the bond amount and type required. The requirement for an auto dealer bond, for example, is $50,000. For a mortgage broker, the bond amount can be up to $150,000, depending on the annual dollar amount of mortgage loans originated.
Instead of paying for the full bond amount required to do business in the state, you can obtain your bond through an authorized surety company at a premium. Our respected surety company has served valued customers in New Mexico for more than a decade. More than 99% of our applicants qualify for the bond they need.
The premium rate for a New Mexico surety bond is between 1% and 10% of the total bond sum required. Several factors impact the actual rate each customer qualifies for. These are the applicant’s credit, financial assets and professional credentials.
We provide a 1% to 3% premium rate to applicants with a 700 or higher credit score. A 3% to 5% rate is available to customers with a 600 to 699 credit score. With a credit rating of 599 or below, a rate of 5% to 10% of the bond sum is available.
Surety Bond Cost Based on Credit Score |
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Surety Bond Name |
Surety Bond Amount |
Over 700 |
Between 600 - 699 |
Below 599 |
Freight Broker Bond |
$75,000 |
$750 - $2,250 |
$2,250 - $3,750 |
$3,750 - $7,500 |
New Mexico Auto Dealer Bond |
$50,000 |
$500 - $1,500 |
$1,500 - $2,500 |
$2,500 - $5,000 |
New Mexico Contractor Bond |
$10,000 |
$100 - $300 |
$300 - $500 |
$500 - $1,000 |
New Mexico Mortgage Broker Bond |
$150,000 |
$1,500 - $4,500 |
$4,500 - $7,500 |
$7,500 - $15,000 |
New Mexico Collection Agency Bond |
$5,000 |
$100 - $150 |
$150 - $250 |
$250 - $500 |
New Mexico Public Adjuster Bond |
$10,000 |
$100 - $300 |
$300 - $500 |
$500 - $1,000 |
How to Get a Surety Bond in New Mexico
1. Learn About New Mexico Bond Requirements
The surety bond requirements in New Mexico are unique for each trade. In addition, federal, state and local governments may establish different requirements. The FMCSA is your authority for the federal requirement for freight broker bonds. Additional links for state-level bonds are available below.
2. Apply for Your Bond Online
After learning about the surety bond requirements applicable to your trade, the next step is to complete the online application. This is a straightforward application that requires only a few minutes of your time.
3. Get a Bond Quote
The majority of our applications in New Mexico receive an instant quote, which is always no-obligation and free. When an application is complicated and requires greater review, we provide a quote in less than 48 hours.
Harrison connected with us recently to set up a freight broker bond fast. He was thrilled to get an immediate quote after applying online. Soon after he paid the bond premium online, Harrison received his bond via email and was ready to complete his freight broker application.
4. Make Your Payment Online
The final step required to purchase your New Mexico surety bond is to pay the premium. Through our online payment portal, you can make the payment easily. Then, your bond will quickly be prepared and emailed to you. We are happy to send you a mailed copy, if requested.
Our bond experts are committed to helping you set up the bond you need without hassle. For more information or assistance with your bond, contact us or reach us by phone at (877) 514-5146.
Other New Mexico Surety Bonds
Resources
New Mexico License Info
Lance Surety Bonds is licensed to underwrite surety bonds in New Mexico.
About Us

What Our Clients Have To Say?
Quick response times and turn around for issuing bonds. Great customer service and very knowledgeable. We have used Lance Surety multiple times and have never been disappointed. Highly recommend them and Collette!
Long story short, these guys cut through the B.S. and get the job done. Responsiveness, excellent! Communication, excellent! Respect for their industry partners, excellent! John, Collette, Ryan, you're all-stars! Thank you!
We decided for Lance Surety Bond's quote for 2 reasons; Price and Customer Service. Our Representative Ryan was just SUPERB!! [...] I highly recommend Lance Surety Bond for all your Bonding needs! I'll definitely come back for all of mine. :-) Thanks Ryan!
Quick response times and turn around for issuing bonds. Great customer service and very knowledgeable. We have used Lance Surety multiple times and have never been disappointed. Highly recommend them and Collette!
Long story short, these guys cut through the B.S. and get the job done. Responsiveness, excellent! Communication, excellent! Respect for their industry partners, excellent! John, Collette, Ryan, you're all-stars! Thank you!
We decided for Lance Surety Bond's quote for 2 reasons; Price and Customer Service. Our Representative Ryan was just SUPERB!! [...] I highly recommend Lance Surety Bond for all your Bonding needs! I'll definitely come back for all of mine. :-) Thanks Ryan!