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New Mexico County Insurance Authority (NMCIA) Pool Policy ManualHistory and Intended Use of this Manual This manual is intended as a compilation of the joint policies that the Board has been delegated
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01
Contact the New Mexico Assigned Risk Pool to obtain the necessary application forms.
02
Fill out the application form with accurate and complete information about your business operations, including any past claims history.
03
Submit the completed application form along with any required documentation to the New Mexico Assigned Risk Pool for review.
04
Await a decision from the New Mexico Assigned Risk Pool regarding your eligibility for coverage.

Who needs new mexico assigned risk?

01
Businesses in New Mexico that are unable to obtain insurance coverage through the standard market due to high risk factors may need to utilize the services of the New Mexico Assigned Risk Pool.
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New Mexico Assigned Risk refers to a program designed to provide workers' compensation insurance to employers who are unable to obtain coverage through the voluntary market due to various risk factors.
Employers who have been unable to secure workers' compensation insurance in the voluntary market are required to file for New Mexico Assigned Risk.
To fill out New Mexico Assigned Risk forms, employers must provide information about their business operations, payroll, and any prior workers' compensation coverage. Detailed instructions are usually included with the application forms.
The purpose of New Mexico Assigned Risk is to ensure that all employers have access to necessary workers' compensation insurance, thereby protecting employees and promoting workplace safety.
Information that must be reported includes business details, employee counts, payroll amounts, descriptions of business activities, and any losses or claims history.
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