A New Mexico adjuster moves offices. A $50 penalty applies if the superintendent is not told within how many days?NMSA 1978, Section 59A-13-9(B)
A New Mexico agent is licensed only for life insurance. May the agent share in the commission on a homeowners policy?NMSA 1978, Section 59A-12-24(B)
A New Mexico insurer appoints a producer as its agent. Within how many days of the agency contract or the first application must it file notice of appointment?NMSA 1978, Section 59A-11-12(B)
A New Mexico insurer ends an independent producer's contract for a reason outside Subsection C. For how long after may the producer renew that insurer's in-force policies?NMSA 1978, Section 59A-11-13(D)
A New Mexico producer does not keep premiums in a separate account. Within how many days of receipt must the producer remit them to the insurer?NMSA 1978, Section 59A-12-22(B)
A New Mexico producer license lapses. Within what time may the same license be reinstated without a new written examination?NMSA 1978, Section 59A-12-17(D)
A New Mexico surplus lines broker placed coverage on a binder. By when must the insured have the policy or a certificate of insurance?NMSA 1978, Section 59A-14-14(D)
Show all 110 questions (103 more)
Producers, adjusters and surplus lines, continued
Absent a cause such as insolvency or fraud, how much written notice must a New Mexico insurer give before ending an independent producer's appointment contract?NMSA 1978, Section 59A-11-13(A)
After an emergency, out-of-state adjusters work New Mexico claims under the superintendent's authority. Without an extension, for how long?NMSA 1978, Section 59A-13-6(C)
An insurer asks to use unlicensed out-of-state adjusters after a New Mexico emergency. If the superintendent does not disapprove, when is the request deemed approved?NMSA 1978, Section 59A-13-6(D)
Before surplus lines insurance is placed for an ordinary New Mexico buyer, what must a search among authorized insurers show?NMSA 1978, Section 59A-14-3
For how long after an adjustment is finished must a New Mexico independent adjuster keep its records?NMSA 1978, Section 59A-13-10(B)
For how many years after a coverage is issued must a New Mexico surplus line broker keep its records open to the superintendent?NMSA 1978, Section 59A-14-10(B)
How many continuing education credit hours must a New Mexico property and casualty producer complete in each two-year compliance period?13.4.7.9 NMAC
How soon must a New Mexico producer tell the superintendent of a change of address?NMSA 1978, Section 59A-12-17(G)
In a dispute between an insured and an insurer, whose agent is a licensed New Mexico broker generally held to be?NMSA 1978, Section 59A-18-24
In New Mexico, for whom does a public adjuster act, and on which claims?NMSA 1978, Section 59A-13-2(A)
In New Mexico, which line of authority is insurance "against legal liability, including that for death, injury or disability"?NMSA 1978, Section 59A-12-17(A)
Instead of suspending or revoking a license, the New Mexico superintendent may levy an administrative fine in what range?NMSA 1978, Section 59A-11-17
May a New Mexico licensee carry extra continuing education hours into the next compliance period?13.4.7.9 NMAC
May one person hold both a New Mexico independent adjuster license and a staff adjuster license?NMSA 1978, Section 59A-13-7
To whom may a New Mexico personal lines producer sell property and casualty insurance?NMSA 1978, Section 59A-12-17(A)
Under New Mexico law, a producer who diverts premium funds to personal use without consent is guilty of what?NMSA 1978, Section 59A-12-22(A)
Under Section 59A-12-17, what penalty does a New Mexico producer pay on a renewal fee received after its due date?NMSA 1978, Section 59A-12-17(D)
Unless another law classes it otherwise, what kind of offense is a violation of the New Mexico Insurance Code?NMSA 1978, Section 59A-1-18(A)
What is the most the New Mexico superintendent may assess as an administrative penalty for one violation found willful and intentional?NMSA 1978, Section 59A-1-18(B)
What must every workers' compensation insurer keep within New Mexico to pay the claims of New Mexico claimants?NMSA 1978, Section 59A-13-11
What surety bond does an applicant for a New Mexico public adjuster license file with the superintendent?NMSA 1978, Section 59A-13-5(A)
When does an individual New Mexico insurance license renew?NMSA 1978, Section 59A-11-10(B)
Which claim may a New Mexico adjuster who acts for an insured not adjust?NMSA 1978, Section 59A-13-2(A)
Which New Mexico adjuster is a salaried employee of an insurer who adjusts claims solely under that insurer's authority?NMSA 1978, Section 59A-13-2(A)
Which New Mexico producer line of authority covers "direct or consequential loss or damage to property of every kind"?NMSA 1978, Section 59A-12-17(A)
Trade practices, claims and fraud 17
A catastrophic loss is declared in New Mexico. Within how many days of assigning a catastrophic claim number must an insurer settle catastrophic claims?NMSA 1978, Section 59A-16-20(F)
A false proof of loss in New Mexico puts $200 of the insurer's money at stake. How does Section 59A-16-23 class the offense?NMSA 1978, Section 59A-16-23(B)
A New Mexico homeowner asks the insurer whether a loss would be covered. It is not, nothing is paid and no deception is involved. What may the insurer not do?NMSA 1978, Section 59A-16-20(P)
A New Mexico insured suffers damages from an insurer's violation of the trade practices article. What does Section 59A-16-30 grant?NMSA 1978, Section 59A-16-30
A New Mexico insured who is not a licensee knowingly accepts a premium rebate that the policy does not state. What follows on conviction?NMSA 1978, Section 59A-16-18
A New Mexico insurer's record of complaints covers the preceding three years or which other period, if that is shorter?NMSA 1978, Section 59A-16-22
A New Mexico personal insurer takes an adverse action based on credit information. At most how old may that information be on the date of the notice?NMSA 1978, Section 59A-17A-4(D)
A New Mexico producer reasonably believes a client is staging a theft claim. What does the Insurance Fraud Act require of the producer?NMSA 1978, Section 59A-16C-6(A)
A person receives a New Mexico cease and desist order for an unfair practice. Within how many days must the person comply or ask in writing for a hearing?NMSA 1978, Section 59A-16-27(A)
After an adverse action based on credit information, how many of the most important factors must a New Mexico insurer's notice identify?NMSA 1978, Section 59A-17A-8(B)
For a claims practice to be unfair under New Mexico's Section 59A-16-20, how must it be committed?NMSA 1978, Section 59A-16-20
In New Mexico, presenting a fraudulent claim where the insurer's potential loss is over $20,000 is what offense?NMSA 1978, Section 59A-16-23(B)
New Mexico bars collecting more than the premium the policy specifies. Who may add applicable taxes and a policy fee to the insurer's premium?NMSA 1978, Section 59A-16-24(B)
Two New Mexico properties have like insuring and risk characteristics. What does Section 59A-16-17 forbid?NMSA 1978, Section 59A-16-17(D)
What must every New Mexico claim form and insurance application carry under the Insurance Fraud Act?NMSA 1978, Section 59A-16C-8
Which factor may a New Mexico insurer not use in calculating an insurance score for personal insurance?NMSA 1978, Section 59A-17A-4(A)
Which insurers must file an anti-fraud plan with the New Mexico superintendent each year?NMSA 1978, Section 59A-16C-10(A)
Cancellation, nonrenewal and binders 18
A new certificate of insurance form, not a standard approved one, is to be used on New Mexico risks. How far ahead of its effective date must it be filed with the superintendent?NMSA 1978, Section 59A-18-32(B)
A New Mexico cancellation notice is mailed postage-paid to the named insured's last address of record. When is it deemed given?NMSA 1978, Section 59A-18-29(D)
A New Mexico insurer cancels a policy in force over 60 days because it was obtained through material misrepresentation. What is the least notice under 13.8.4.8 NMAC?13.8.4.8 NMAC
A New Mexico insurer moves a personal auto policy to an affiliate at expiration. Which item must its 30-day notice of change of insurer include?13.8.4.12 NMAC
A New Mexico policy has been in force more than 60 days and the risk has changed substantially. How many days' notice does 13.8.4.8 NMAC require to cancel?13.8.4.8 NMAC
A New Mexico producer binds auto coverage by telephone and nothing is put in writing. Without an extension, how long can that oral binder last?NMSA 1978, Section 59A-18-22(B)
For how long after a New Mexico property or casualty policy is first issued may the insurer cancel it without cause?NMSA 1978, Section 59A-18-29(B)
For New Mexico property insurance to be enforceable, when must the insurable interest exist?NMSA 1978, Section 59A-18-6(A)
From whose copy of a New Mexico cancellation notice may the insurer leave out the reason for cancelling?13.8.4.8 NMAC
How far ahead of the expiration date must a New Mexico insurer mail notice that it will not renew a property or casualty policy?13.8.4.9 NMAC
How much written notice must a New Mexico insurer give the named insured before cancelling a policy for nonpayment of premium?NMSA 1978, Section 59A-18-29(A)
If the policy has not been issued, how long can a written binder for New Mexico property insurance stay valid without the insurer's extension?NMSA 1978, Section 59A-18-22(B)
Under 13.8.4.11 NMAC, which of these is a "change in policy form" that needs 30 days' written notice from a New Mexico insurer?13.8.4.11 NMAC
When does New Mexico's 30-day nonrenewal notice rule not apply?13.8.4.9 NMAC
When may a false statement in a New Mexico insurance application bar recovery under the policy?NMSA 1978, Section 59A-18-11(C)
Which contract is outside New Mexico's cancellation statute, Section 59A-18-29?NMSA 1978, Section 59A-18-29(F)
Which of these is a listed reason to cancel a New Mexico auto policy that has been in force more than 60 days?13.8.4.8 NMAC
Whose written approval lets a New Mexico binder run past its 90 or 15 days when the policy has not been issued?NMSA 1978, Section 59A-18-22(C)
Auto: financial responsibility and uninsured motorists 19
A New Mexico driver aged 55 or older completes an approved accident prevention course. For how long does the premium reduction run?NMSA 1978, Section 59A-32-14(A)
A New Mexico driver is charged with driving uninsured but was insured at the time. What prevents a conviction?NMSA 1978, Section 66-5-205(F)
A New Mexico insured rejected uninsured motorist coverage on an earlier policy from the same insurer. Must the renewal policy include it?NMSA 1978, Section 66-5-301(C)
A New Mexico named insured rejects uninsured motorist coverage. What does 13.12.3.9 NMAC require of the rejection?13.12.3.9 NMAC
A New Mexico owner shows financial responsibility by a cash deposit with the state treasurer instead of a policy. How much is deposited?NMSA 1978, Section 66-5-226
After an accident, a New Mexico officer cites a driver under the Mandatory Financial Responsibility Act. What else does the officer do at the scene?NMSA 1978, Section 66-5-205.1(A)
An insurer reports a cancelled auto policy and New Mexico mails the owner a demand for proof. Registration is suspended if no evidence arrives within how many days?NMSA 1978, Section 66-5-205.1(E)
How often must insurers report cancelled, terminated and newly issued auto policies to New Mexico's motor vehicle department?NMSA 1978, Section 66-5-205.1(D)
If a New Mexico insured wants more than the minimum, up to what amount must uninsured motorist coverage be available on the auto policy?NMSA 1978, Section 66-5-301(A)
May a New Mexico driver carry evidence of an auto insurance policy on a phone?NMSA 1978, Section 66-5-229
New Mexico mails a sampled owner a financial responsibility affirmation form. Within how many days of mailing must it be returned?NMSA 1978, Section 66-5-232(C)
New Mexico uninsured motorist coverage for property damage excludes at most how much of the loss in any one accident?NMSA 1978, Section 66-5-301(C)
Under New Mexico law, what must uninsured motorist coverage also include?NMSA 1978, Section 66-5-301(B)
What are New Mexico's required amounts under the Mandatory Financial Responsibility Act: one person, two or more persons, property?NMSA 1978, Section 66-5-208
What reinstatement fee does a New Mexico owner pay to get back a license plate removed for no proof of insurance at an accident?NMSA 1978, Section 66-5-205.1(B)
When is another driver an "underinsured motorist" under New Mexico's Section 66-5-301?NMSA 1978, Section 66-5-301(B)
Which is NOT one of the three ways New Mexico lets evidence of financial responsibility be given?NMSA 1978, Section 66-5-218
Which vehicle is exempt from New Mexico's Mandatory Financial Responsibility Act?NMSA 1978, Section 66-5-207
Who must sign a driver exclusion endorsement on a New Mexico auto policy?NMSA 1978, Section 66-5-222
FAIR plan and assigned risk plan 4
Under a New Mexico assigned risk plan, to whom may an applicant appeal the decision on a grievance?NMSA 1978, Section 59A-32-5
What is the name of the underwriting association behind New Mexico's FAIR plan?NMSA 1978, Section 59A-29-2
Which insurers must belong to New Mexico's FAIR plan and its underwriting association?NMSA 1978, Section 59A-29-3
Whom does New Mexico's assigned risk plan serve?NMSA 1978, Section 59A-32-3
Insurance guaranty association 6
A New Mexico driver's liability insurer becomes insolvent and no other coverage applies to a claim. For uninsured motorist purposes, how is that driver treated?NMSA 1978, Section 59A-43-11(A)
How much of a covered claim under a workers' compensation policy does New Mexico's guaranty association pay?NMSA 1978, Section 59A-43-4(C)
In one year, what is the most New Mexico's guaranty association may assess a member insurer on one account, as a share of its net direct written premiums?NMSA 1978, Section 59A-43-7(A)
New Mexico's guaranty association covers claims that exist before an insurer is found insolvent and those arising within how many days after?NMSA 1978, Section 59A-43-7(A)
Under Section 59A-43-4, absent a higher limit set by rule, what is the most New Mexico's guaranty association pays on one covered claim that is not a workers' compensation claim?NMSA 1978, Section 59A-43-4(C)
Which coverage is outside New Mexico's insurance guaranty association law for property and casualty insurers?NMSA 1978, Section 59A-43-3
Workers' compensation 14
A New Mexico employer either picks the injured worker's health care provider or lets the worker pick. For how long does that first selection stay in effect?NMSA 1978, Section 52-1-49
A New Mexico employer failed to carry workers' compensation coverage. What may pay the injured worker's benefits?NMSA 1978, Section 52-1-9.1
A New Mexico employer's insurer refuses to pay compensation. How long does the worker have to file a claim?NMSA 1978, Section 52-1-31(A)
A New Mexico worker's permanent partial disability is rated below 80 percent. What is the maximum period of benefits?NMSA 1978, Section 52-1-42(A)
A New Mexico workers' compensation policy is cancelled. Within how many days must the carrier file notice with the director?NMSA 1978, Section 52-1-4(D)
For total disability, a New Mexico worker receives what share of the worker's average weekly wage, up to the state maximum?NMSA 1978, Section 52-1-41(A)
How long must a New Mexico worker's disability last for compensation to be allowed from the date of disability?NMSA 1978, Section 52-1-40
Other than for death, no New Mexico compensation benefits are allowed for a disability that lasts no more than how many days?NMSA 1978, Section 52-1-40
Outside construction, New Mexico's Workers' Compensation Act applies to employers of how many workers or more?NMSA 1978, Section 52-1-6(A)
To which employers does New Mexico's Workers' Compensation Act not apply unless they elect to be subject to it?NMSA 1978, Section 52-1-6
What is the most New Mexico workers' compensation pays for the funeral expenses of a worker killed by a work injury?NMSA 1978, Section 52-1-46
What must every New Mexico workers' compensation policy provide about who is liable to the worker?NMSA 1978, Section 52-1-4(C)
Which New Mexico employers come under the Workers' Compensation Act regardless of the number of employees?NMSA 1978, Section 52-1-6(A)
Within how many days after learning of a work accident must a New Mexico worker give the employer written notice?NMSA 1978, Section 52-1-29(A)
How this list was compiled: New Mexico Statutes Annotated 1978, Chapter 59A (Insurance Code), Chapter 66, Article 5 (Mandatory Financial Responsibility Act and Section 66-5-301) and Chapter 52, Article 1 (Workers' Compensation Act), on NMOneSource.com, the New Mexico Compilation Commission's site (https://nmonesource.com/nmos/nmsa/en/nav_date.do), and New Mexico Administrative Code 13.4.7, 13.8.4 and 13.12.3 on the State Records Center and Archives site (https://www.srca.nm.gov/nmac-home/nmac-titles/title-13-insurance/), read on October 12, 2026. Each question names its section and links to its chapter or rule. The topics start from the content outline "New Mexico Property and Casualty Insurance, Series 18-31" (150 items, 2.5 hours; Insurance Regulation 10%, 15 items, with statute references), effective July 1, 2026, linked from the candidate bulletin that the Office of Superintendent of Insurance links at https://osi.state.nm.us/en/insurance-professionals/individuals-and-agencies/ (the outline: https://proctor2.psionline.com/media/programs/NMINS/18-31nm.pdf). Licence: Own work. Every question, wrong choice and explanation was written for this site from the text of the law. Nothing comes from a testing vendor, a prep course or an exam question pool.
How it works
This unofficial New Mexico property and casualty insurance license practice test asks state law only: 110 questions from the Insurance Code, its rules and the auto and workers' compensation statutes. No policy forms. Not affiliated with the New Mexico Office of Superintendent of Insurance.
Read the full guide
What this New Mexico bank takes from the exam outline
The outline in force since July 1, 2026 prints NMSA and NMAC references beside each Insurance Regulation topic. This bank starts there and adds the law behind the outline's cancellation, uninsured motorist and workers' compensation topics.
Where each New Mexico answer can be checked
Statute questions link to their chapter on NMOneSource, the Compilation Commission's site. Rule questions link to the NMAC part on the State Records Center site. Both were read on October 12, 2026.
Cancellation: 10 days for nonpayment or within the first 60 days; later 15 or 30 by reason; nonrenewal 30 (Section 59A-18-29, 13.8.4 NMAC).
Instead of a policy: a $60,000 surety bond or cash deposit. Uninsured motorist property cover excludes at most the first $250 (Sections 66-5-208, 66-5-301).
Binders: 90 days if written, 15 if oral. Guaranty association: $100,000 a claim, workers' compensation in full (Sections 59A-18-22, 59A-43-4).
Questions and answers
How many questions are on the New Mexico property and casualty exam?
The outline effective July 1, 2026 lists 150 items in 2.5 hours, 15 of them on Insurance Regulation. The candidate bulletin adds that 5 to 10 unscored experimental questions may appear.
What score passes the New Mexico insurance exam?
The candidate bulletin that the Office of Superintendent of Insurance links says you must get 70 percent correct to pass. That mark covers the whole exam, so a state-law page like this one reports a score and no pass or fail.
Is this New Mexico property and casualty practice test free?
Yes, all 110 questions are free, and nothing you answer leaves your browser. They were written for this page from the statutes and rules; the Office of Superintendent of Insurance has not reviewed them.
What are New Mexico's minimum auto insurance limits?
Section 66-5-208 sets $25,000 for bodily injury to or death of one person, $50,000 for two or more persons and $10,000 for property of others in any one accident.
Does this practice test cover homeowners and auto policy forms?
No. Policy forms and general insurance concepts fill most of the exam and are not asked here. Exam mode draws 15 questions, the size of the Insurance Regulation part.