NM P&C
New Mexico Property & Casualty Insurance License Exam
New Mexico regulates Property & Casualty producer licensing through New Mexico Office of Superintendent of Insurance (OSI), with the exam delivered by PSI. The combined Property & Casualty exam has 150 questions with a 2.5 hours time limit. Passing requires 70%. The exam fee is $75. New Mexico does not require prelicensing education hours for this line. C3RT includes Property & Casualty practice content built specifically for New Mexico, covering national concepts plus New Mexico statute, producer duties, and ethics.
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NM P&C Exam Overview
| Detail | Information |
|---|---|
| Full Name | New Mexico Property & Casualty Insurance License Exam |
| Governing Body | New Mexico Office of Superintendent of Insurance (OSI) |
| Number of Questions | 150 |
| Time Limit | 2.5 hours |
| Passing Score | 70% |
| Exam Fee | $75 |
| Category | Insurance Licensing |
| C3RT App Available On | iPhone, iPad, and Mac |
| Official Source | New Mexico Office of Superintendent of Insurance (OSI) official website ↗ |
NM P&C Content Areas and Domains
Domain areas are sourced from the New Mexico Office of Superintendent of Insurance (OSI) content outline.
Topics Covered
- ✓ Property insurance basics
- ✓ Homeowners and dwelling policies
- ✓ Personal and commercial auto
- ✓ Commercial package and general liability
- ✓ Workers compensation
- ✓ Inland and ocean marine
- ✓ Flood and specialty lines
- ✓ New Mexico insurance law and regulations
How C3RT Helps You Pass the NM P&C
Adaptive Practice
Questions adapt to your weak areas automatically so every study session on the NM P&C is time well spent.
Diagnostic Mocks
Full-length mock exams timed to the real NM P&C format with detailed score breakdowns by topic.
Mistake Bank
Every wrong answer is saved for targeted re-drill. The system resurfaces your mistakes until they stick.
Native on iOS & Mac
Built with SwiftUI, not a web wrapper. Instant load, offline support, hardware-speed rendering.
Sample NM P&C Practice Questions
Q1.In New Mexico, which of the following factors is used by insurance companies to help calculate an individual's auto insurance premium?
- Insurance credit scoreCorrect
- Vehicle weight only
- National average credit score
- The vehicle's manufacturing date
New Mexico insurers use an individual's insurance credit score as a risk variable to determine premiums. 'National average' is incorrect because rates are based on the specific applicant's score, and 'vehicle weight only' ignores other required factors like driving history and location.
Q2.A New Mexico resident is inquiring about available auto insurance discounts. Which of the following criteria qualifies a student driver for a discount?
- Student status regardless of age
- Military service only
- Good grades and being under the age of 25Correct
- Completion of a driver education course only
New Mexico offers discounts for good student drivers specifically if they are under 25. The 'student status regardless of age' distractor is incorrect because the age requirement is a specific condition.
Q3.A driver in New Mexico reviews their insurance declarations page and sees the term 'Other Than Collision' listed. What type of coverage does this term represent?
- Liability Coverage
- Personal Injury Protection
- Collision Only
- Comprehensive InsuranceCorrect
'Other Than Collision' is the specific terminology used in New Mexico to refer to comprehensive coverage. Liability covers damage to others, and 'Collision Only' refers specifically to damage from vehicle impacts.
NM P&C Frequently Asked Questions
What does NM P&C stand for?
NM P&C stands for New Mexico Property & Casualty Insurance License Exam. It is administered by New Mexico Office of Superintendent of Insurance (OSI).
Who administers the NM P&C?
The New Mexico Property & Casualty Insurance License Exam (NM P&C) is administered by New Mexico Office of Superintendent of Insurance (OSI). For official information, visit the New Mexico Office of Superintendent of Insurance (OSI) website.
How many questions is the NM P&C?
The NM P&C consists of 150 questions. Candidates are given 2.5 hours to complete the exam.
What is the passing score for the NM P&C?
The passing score for the NM P&C is 70%, as set by New Mexico Office of Superintendent of Insurance (OSI). Scoring methodology and passing standards may be updated periodically. Always verify current requirements with the governing body.
How much does the NM P&C exam cost?
The NM P&C exam fee is $75. This fee is set by New Mexico Office of Superintendent of Insurance (OSI) and may vary by testing centre, region, or membership status. Additional fees for registration or rescheduling may apply.
How many questions are on the New Mexico Property & Casualty exam?
The New Mexico combined Property & Casualty exam has 150 scored questions, a 2.5 hours time limit, a $75 exam fee. Passing requires 70%. It is delivered by PSI.
Does New Mexico require prelicensing education for Property & Casualty?
No. New Mexico does not require prelicensing education hours for a Property & Casualty producer license as of August 2026.
What score do I need to pass the New Mexico Property & Casualty exam?
New Mexico requires 70% on the Property & Casualty exam. Confirm the current standard with New Mexico Office of Superintendent of Insurance (OSI), since passing standards can change.
Is the Property & Casualty exam different in New Mexico than in other states?
Partly. Core Property & Casualty concepts are broadly similar nationwide, but New Mexico tests its own statute, regulations, and producer duties, and its exam structure, fees, and prelicensing requirements are set independently by New Mexico Office of Superintendent of Insurance (OSI).
C3RT is a native iOS and macOS exam preparation platform covering the New Mexico Property & Casualty Insurance License Exam (NM P&C), a Insurance Licensing certification, administered by New Mexico Office of Superintendent of Insurance (OSI). C3RT is not affiliated with or endorsed by New Mexico Office of Superintendent of Insurance (OSI). Certification names and trademarks are the property of their respective organisations. For official exam registration, eligibility requirements, and content outlines, visit the New Mexico Office of Superintendent of Insurance (OSI) official website ↗ .