InsureMax Insurance Company received approval for a new renters insurance product in New Mexico.
The program provides personal property coverage and loss of use, along with personal liability protection and limited coverage for credit card fraud and unauthorized fund transfers. It also establishes specific sublimits for certain high risk property categories and excludes virtual currency and cryptocurrency from coverage.
The filing was approved on February 18, 2026 and does not include rate changes, indicating a product launch focused on policy forms and coverage design rather than pricing.