N.M. Code R. § 21.17.50.22
Minimum Coverage Requirements
Effective Oct 7, 2025State of New Mexico
- A. Surety bond -- $100,000.
B. Liability insurance:
(1) Aircraft.
- (a) Bodily injury -- $25,000 each occurrence, $50,000 aggregate.
- (b) Property damage -- $50,000 each occurrence.
- (c) Single limit bodily injury and property damage -- $100,000.
(2) Ground or manual.
- (a) Bodily injury -- $10,000 each occurrence -- $25,000 aggregate.
- (b) Property damage -- $25,000 each occurrence.
- (c) Single limit bodily injury and property damage -- $50,000.
- (3) Maximum amount of deductible (if applicable) -- $1,000.
[21.17.50.22 NMAC – Rp, 21.17.50.22 NMAC, 10/07/2025]