N.M. Code R. § 21.17.50.22

Minimum Coverage Requirements

Effective Oct 7, 2025State of New Mexico
  1. A. Surety bond -- $100,000.
  2. B. Liability insurance:

    1. (1) Aircraft.

      1. (a) Bodily injury -- $25,000 each occurrence, $50,000 aggregate.
      2. (b) Property damage -- $50,000 each occurrence.
      3. (c) Single limit bodily injury and property damage -- $100,000.
    2. (2) Ground or manual.

      1. (a) Bodily injury -- $10,000 each occurrence -- $25,000 aggregate.
      2. (b) Property damage -- $25,000 each occurrence.
      3. (c) Single limit bodily injury and property damage -- $50,000.
    3. (3) Maximum amount of deductible (if applicable) -- $1,000.

[21.17.50.22 NMAC – Rp, 21.17.50.22 NMAC, 10/07/2025]

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