Auto dealer and vehicle bonds

New Mexico Consumer Protection (Broker) Bond ($10,000). $100/yr.

The New Mexico Consumer Protection (Broker) Bond ($10,000) costs $100 a year with BLDAssure. The DMV or the licensing agency usually requires this bond before it issues the license. It protects customers and the state if the business breaks the rules.

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Issued instantly once paid
No credit check
A-rated surety carriers
Issued through Propeller Bonds
See your price before you pay

Your price

$100 a year

1% × $10,000 = $100

Bond amount$10,000

Issued instantly once paid
No credit check

Start the application

The surety's published rate. You see the final price before you pay.

Need a different bond amount?

Price checked on Propeller Bonds' rate sheet, Oct 17, 2026.

How it works

Three steps to your bond.

01Apply onlineAnswer a few questions about your business. It takes a few minutes.
02Pay and get your bondPay the price shown and the surety issues your bond right away.
03File itSign the bond and file it with the agency that asked for it. We help with the filing.

About this bond

What the New Mexico Consumer Protection (Broker) Bond ($10,000) is for

The DMV or the licensing agency usually requires this bond before it issues the license. It protects customers and the state if the business breaks the rules.

The bond amount is set by the agency, utility or fund that asks for it. If the bond holder doesn't meet their obligations, a valid claim is paid up to that amount, and the bond holder repays the surety.

What the price depends on

The surety's published rate. You see the final price before you pay.

FAQs

Common questions.

How much does the New Mexico Consumer Protection (Broker) Bond ($10,000) cost?

$100/yr. The rate is 1% of the $10,000 bond amount, with a $100 minimum. The surety's published rate. You see the final price before you pay.

Do I pay the full bond amount?

No. You pay the premium shown above. The bond amount is the most the surety would pay on a valid claim, and you'd repay the surety for any claim it pays.

Is there a credit check?

No. This bond is approved from your application, with no credit check.

How fast is it issued?

Instantly. Once you've paid, the surety issues the bond and you can download it.

Who issues the bond?

Propeller Bonds, our surety partner, issues it with A-rated carriers. BLDAssure handles your application and service.

Get your New Mexico Consumer Protection (Broker) Bond ($10,000) today.

$100/yr. Apply online in a few minutes.

Start the application All New Mexico bonds

Your price $100Apply now