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New Mexico Surety Bond Guide

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Which Surety Bond Do You Need?

There are three types of surety bonds that can be required of you:

It’s important you understand how surety bonds work and that you're responsible to pay claims in full, which makes it crucial to find a bond company that will defend you from claims.

Getting License and Permit Bonds

New Mexico requires license and permit bonds in order to get and file licenses/permits for many different lines of business. You can find the full list of license and permit bonds required by using our bond requirement search tool.


New Mexico Surety Bond Search

New Mexico Appraisal Management Company Registration Bond Real Estate Appraisers Board Santa Fe Apply
New Mexico Collection Agency Corporate Bond Finance Institutions Division Santa Fe Apply
New Mexico Contractor License Construction Industries Division Santa Fe Apply
New Mexico Contractor License Code Bond Construction Industries Division Santa Fe Apply
New Mexico Contractors Tax (Single Contract) Bond New Mexico Taxation & Revenue Department Albuquerque Apply
New Mexico Contractors Taxation Surety State of New Mexico Albuquerque Apply
New Mexico Driver Training School DOT - Traffic Safety Bureau Albuquerque Apply
New Mexico Employee Leasing Company New Mexico Regulation and Licensing Department Albuquerque Apply
New Mexico Employee Leasing Program New Mexico Regulation and Licensing Department Albuquerque Apply
New Mexico Installer and/or Repairman License NM Manufactured Housing Division Santa Fe Apply
New Mexico Insurance Adjusters Surety New Mexico Public Regulatory Commission Licensing Santa Fe Apply
New Mexico Modular Structure Certification Bond New Mexico Regulation & Licensing Dept Santa Fe Apply
New Mexico Mortgage Loan Company Director,Financial Institutions Division, Regulation and Licensing Dept Santa Fe Apply
New Mexico MORTGAGE LOAN COMPANY CORPORATE SURETY BOND State Of New Mexico Santa Fe Apply
New Mexico PRIVATE INVESTIGATOR OR PRIVATE PATROL OPERATOR LICENSE State of New Mexico Santa Fe Apply
New Mexico Private Postsecondary Institution Bond New Mexico Higher Education Department Santa Fe Apply
New Mexico Professional Fund Raisers Bond New Mexico - Office of the Attorney General Albuquerque Apply
New Mexico Professional Fundraiser New Mexico - Office of the Attorney General Albuquerque Apply
New Mexico Promoters of Professional Athletic Events State Athletic Commission Albuquerque Apply
New Mexico Repossessor's Company Corporate Regulation and Licensing Department Santa Fe Apply
New Mexico Service Contract Provider Bond STATE OF NEW MEXICO Santa Fe Apply
New Mexico Title Service Company Bond Motor Vehicle Division Santa Fe Apply
New Mexico Utility Deposit Bond Public Service Company of New Mexico Albuquerque Apply
New Mexico Vehicle Dealer or Auto Recycler Motor Vehicle Division Santa Fe Apply
New Mexico Vehicle Dealer or Auto Recycler Motor Vehicle Division Santa Fe Apply
bonds found

    Getting Contract Bonds for Jobs

    Contract bonds such as bid and performance bonds are needed to work on public construction projects. However, these are usually required by cities or municipalities as opposed to the state. You can learn more about what’s needed to get surety bonds for construction projects.

    Getting Court Bonds in New Mexico

    Court bonds aren’t needed as often as the bonds mentioned above, but can be required by the courts if you need to appeal a court decision, become a legal guardian of a minor or operate as a fiduciary of an estate.

    What Do Surety Bonds Cost?

    Surety bonds generally cost 1-15% of the required bond amount. Costs vary significantly depending on the bond amount you need and your rate (which is the percentage of the full bond amount you must pay). You can get an instant estimate by using our bond premium calculator, or apply online to get a firm bond quote.

    Can You Get New Mexico Surety Bonds with Bad Credit?

    It’s possible to get surety bonds with bad credit, but it will depend on the bond type you need and how severe your credit issues are. You can get approved for most license and permit bonds with bad credit. However, it is more difficult to get contract bonds with credit issues.


    Frequent Questions

    What is the process to obtain the bond?

    Apply, get approved online, submit the indemnity agreement, and pay for the bond online. Then we will ship the original bond to you using your preferred method of shipping.

    Can I get this bond with bad credit?

    Yes. We have exclusive programs that allow us to write these bonds, even if you have credit issues. You can apply and get a quote instantly.

    Does it matter where I get my bond?

    Yes. Due to the large volume of bonds written, we provide the lowest rates possible. Apply on our website and receive an online approval instantly.

    What if a false claim is filed?

    You need to contact the surety company's claims department and present proof that the claim is false.

    Do all states require a bond?

    No, many do not. You can view our full list of state bond requirements. It is also wise to contact your state directly to determine any requirements youm ust meet.


    Get Your Surety Bonds from the Best Bonding Companies
    We work with the top A-rated, T-listed surety bond companies in the nation

    Jennifer Henson
    Our company has been with JW Surety for several years now so when we needed to obtain a bond for a new company, we immediately went to them for help. Our rep, Melissa, was extremely helpful and prompt which made the process extremely easy for me.
    David Tillotson
    Trying to get a local Surety Bond was like driving a car on three tires. I searched Surety Bonds and found JW Surety Bonds. I got online and filled out the information and with in 30 minutes received a response from Melissa. She was informative, friendly and helpful. One more super satisfied customer.

    The Nation’s #1 Volume Surety Bond Service
    Our company writes $4,000,000,000+ in bonds each year!
    • #1 Bond Writer
      We are the nation's largest volume bond producer.
    • Easy Process
      Fastest online surety bond application process; we approve bonds instantly.
    • Lowest Rates
      Our high volume allows us to negotiate lower rates on your behalf.
    • Claim Specialists
      Your JW surety bond agent will be your claims advocate when you need them most.

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