N.M. Stat. § 59A-32A-6
Rental car agent and endorsee restrictions.
No insurance may be issued, offered, sold, solicited or negotiated pursuant to this
section unless:
A. the rental period of the rental agreement is ninety consecutive days or less;
B. at every location where rental agreements are executed, brochures or other
written materials are readily available to the prospective renter that:
(1)
summarize, clearly and correctly, the material terms and conditions of
coverage offered to renters, including the identify of the insurer;
(2)
describe the process for filing a claim in the event the renter elects to
purchase coverage, including a toll-free telephone number to report a claim;
(3)
provide the rental car agent's name, address, telephone number and
license number, as well as the consumer hotline number for the superintendent of
insurance;
(4)
state that the rental car insurance offered by the rental car agent or
endorsee may provide a duplication of coverage already provided by a renter's personal
automobile policy or by another source of coverage;
(5)
state that the purchase by the renter of the rental car insurance is not
required in order to rent a rental car;
(6)
state that neither the rental car agent nor its endorsees are qualified to
evaluate the adequacy of the renter's existing insurance coverages;
(7)
set forth the costs for the rental car insurance in the rental agreement; and
(8)
contain any additional information as the superintendent of insurance may
prescribe; and
C. evidence of the rental car insurance purchased is disclosed on the face of the
rental agreement.