Title Agent Bonds
Protect your clients, comply with state requirements, and operate confidently with a Title Agent Bond. If you work as a title insurance agent or manage a title agency, most states require a Title Agent Bond to protect consumers, ensure regulatory compliance, and guarantee financial responsibility.
Apply below, call our Commercial Department at 407-786-7770 or email us at [email protected]
Why You Need a Title Agent Bond
- Protect Clients: Ensures that funds and transactions are handled properly.
- Meet State Licensing Requirements: Most states require a bond for licensing or renewal.
- Safeguard Your Agency: A bond protects your business by formalizing compliance responsibilities.
- Build Trust: Having a bond in place reassures lenders, buyers, and sellers that your agency operates responsibly.
Title Agent Bond FAQs
These are some of the most common questions asked about Title Agent Bonds and how they work.
A Title Agent Bond is a type of surety bond required by state insurance departments for licensed title agents. The bond guarantees that the agent or agency will comply with state laws and regulations, act ethically, and handle funds properly.
If the agent mismanages client funds, engages in fraud, or violates state regulations, a claim may be filed against the bond. The surety pays the claim on behalf of the agent, and the agent reimburses the surety.
The premium is a fraction of the total bond amount and is usually based on:
Bond amount required by your state
Creditworthiness of the agent or agency
Experience in the industry
Typical rates range from 1%–5% of the bond amount, but rates can vary depending on credit and underwriting.
A Title Agent Bond is a three‑party contract between the principal (the title agent or agency), the obligee (the state regulatory authority), and the surety (the bonding company). If the title agent violates state laws or mishandles funds and causes financial loss, a claim may be made against the bond. The surety pays valid claims up to the bond limit, and the principal must reimburse the surety.
Licensed title agents, title agencies, and escrow officers are typically required to maintain a bond to protect clients and meet state licensing requirements.
Call us at 407-786-7770 or email us at [email protected]