Yucca flowers, New Mexico's state flower.

Technology Business Insurance in New Mexico

Compare quotes online from top-rated insurance companies.
Get advice tailored for tech entrepreneurs.
24 hrs
Access proof of insurance anytime.

Find New Mexico business insurance in three easy steps

United States map.

Review business insurance requirements

Fill out one application.

Compare quotes online from top-rated carriers

Multiple insurance quotes to compare.

Purchase the right policies at the best price

Recommended insurance policies for technology businesses in New Mexico

Looking for different coverage? Check out our other policies.

What are the insurance requirements for technology businesses in New Mexico?

State laws can affect which policies you need for your technology business. These policies are required for New Mexico businesses.
Orange check mark.

Workers' compensation insurance

New Mexico state law requires technology businesses with three or more employees, full-time or part-time, to carry workers’ compensation insurance. This policy covers medical bills for work injuries and illnesses.

Orange check mark.

Commercial auto insurance

Vehicles owned by tech businesses in New Mexico must be covered by commercial auto insurance. New Mexico requires $10,000 property damage liability per accident, $50,000 bodily injury liability per accident, and $25,000 bodily injury liability per person.

Though it's not required, personal vehicles driven for work purposes should be covered by hired and non-owned auto insurance, as personal auto policies usually exclude business use. It can be added to general liability insurance or a business owner's policy.

How much does business insurance cost for technology professionals?

Male IT worker making calculations.

Commercial insurance can be affordable for a small New Mexico tech company. Factors that influence the cost include:

  • Your industry and risk
  • Coverage limits
  • Location
  • Number of employees
View Small Business Insurance Costs
What our customers are saying
"Raynaldo made quick work of things. I told him what I needed, and ultimately I had a certificate of insurance in a matter of hours. Up to that point, I had spent hours going in circles with others."
Michael D.
Custom programmer
Delighted customer feedback.

We specialize in business insurance for New Mexico technology professionals

Our agents are experts in insurance for New Mexico technology businesses. They can help you find policies that fit your company and fulfill state requirements.

TechInsurance is licensed by the New Mexico Office of the Superintendent for property and casualty insurance as BIN Insurance Holdings, LLC. You can verify our licensure with the National Association of Insurance Commissioners by selecting New Mexico, licensee, business entity, and then entering our state license number, 1800008340.

350,000+ small businesses protected
Save money by comparing insurance quotes from multiple carriers.
Not a technology business? We have you covered.
Powered by Insureon.
We partner with trusted A-rated insurance companies