Let’s face it: you’d make a great contractor. You’re handy, driven, and love working with people. So isn’t it time you get your license?
In New Mexico, the process can be a little tricky, and there’s a lot of information out there. That’s why I created this simple how-to guide that’ll get you through the process—quickly and easily.
Ready to get started?
If you do any construction, electrical, mechanical, plumbing work, or if you handle liquefied petroleum gas, you need to get a license. In New Mexico, the state is pretty cut and dry—it’s the law. They’re pretty serious about it too. If you get caught working without a license, the state can stop your project and file criminal charges. Yikes!
The good news is getting licensed can benefit both you and your business. Sure, it’s a requirement, but it also can:
Business insurance helps protect your employees and property. You don’t want to be unprepared—a sudden accident or loss could impact your livelihood.
You may need to show proof of business insurance to get your license.
That’s where we come in. Compare free insurance quotes for policies as low as $25.95/month.*Start My Quote
Getting a license is a no-brainer, right? Now let’s cover how you can get one.
First step? Know where to go. The Construction Industries and Manufactured Housing Division (CID) within the New Mexico Regulation & Licensing Department handles licensing, but you can find all forms and information on the PSI website..
To apply, you’ll need:
If your business is a corporation, LLC, or partnership, you’ll also need to register it with the Secretary of State by calling 1-800-477-3632 or visiting 325 Don Gaspar, Suite 300 Santa Fe, New Mexico.
Take a break from filling out forms to shop for business insurance. Becoming a licensed contractor is a big deal, especially if you own your own business and have employees. Make sure you protect your assets by getting general liability insurance and workers’ compensation.
In the construction industry, you never know what can happen. Injuries are commonplace and your equipment supports your livelihood. A good insurance plan will make sure your business is protected in the event of an accident, injury, or loss of property.
When you’re ready, search for an exam site and sign up for a test on the PSI website. To get your license, you’ll need to show records that you passed a business and law course, in addition to any trade-specific exams.
Get a big folder and organize your paperwork. Then send your application packet to:
PSI – New Mexico Construction Licensing Services
2820 Broadbent Pkwy NE, Suite E&F
Albuquerque, NM 87107
And that’s it! You’ll hear back from the Construction Industries and Manufactured Housing Division (CID) next.
Already have your license? Nice job! It takes effort to get through the licensing process. Promote your license number on your website, business cards, contracts, and other marketing materials. Remember, this is a huge selling point for homeowners.
If you have a good insurance plan, promote it too. You’ll give homeowners peace of mind, especially if you’re new to the business.
Do you still need a plan? Get a quote today so you can get covered. It’s never too late to protect your business against the unexpected!
Monthly payment calculations (i) do not include initial premium down payment and (ii) may vary by state, insurance provider, and nature of your business. Averages based on Q1 2020 data of 10% of our total policies sold.
I earned a B.A. in Journalism from the University of Wisconsin at Madison (go Bucky). After realizing my first job might involve carrying a police scanner at 2 am in pursuit of “newsworthy” crimes, I decided I was better suited for freelance blogging and marketing writing. Since 2010, I’ve owned my freelance writing business, EST Creative. When I’m not penning, doodling ideas, or chatting with clients, you’ll find me hiking with my husband, baby boy, and 2 mischievous mutts.
This content is for general, informational purposes only and is not intended to provide legal, tax, accounting, or financial advice. Please obtain expert advice from industry specific professionals who may better understand your business’s needs. Read our full disclaimer
28 November 2018 • 6-minute read
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*Harborway Insurance policies are underwritten by Spinnaker Insurance Company and reinsured by Munich Re, an A+ (Superior) rated reinsurance carrier by A.M. Best. Harborway Insurance is a trade name of Simply Business, Inc., which is a licensed insurance producer in all 50 states and the District of Columbia.