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The New Mexico Property Insurance Program (NMPIP) is a not-for-profit association that serves as the underwriting association for the New Mexico F.A.I.R. Plan (Fair Access to Insurance Requirements). Established in 1969, NMPIP provides essential property insurance to responsible and qualified applicants in the state who are unable to secure such insurance in the normal market. They specialize in writing property insurance for dwellings and commercial properties, issuing policies on their own NMPIP paper and managing claims through independent adjusters. As a property market of last resort, NMPIP operates like a small insurance company, underwriting applications, issuing policies, and adjusting claims. They are regulated and approved by the Superintendent of Insurance and are dedicated to providing essential coverage to those who need it most in New Mexico.Generated from the website