Apply for a Texas Surety Bond today! Absolute Surety is a leading TX bonding company. Apply easily online and take advantage of our lowest rates. Quickly browse the most popular bonds we offer for this state, or contact us for a full list.
Who Needs An Insurance Agency Surety Bond In Texas?
Texas Insurance Agency Bonds may be required by the Texas Department of Insurance in order to operate an insurance agency. This bond is to ensure that agency has the ability to pay a claim should one arise.
How Much Do Insurance Agency Bonds Cost In Texas?
Applicants must secure a bond in the amount of $25,000 to meet the state requirements. These bonds require underwriting to determine the portion of the bond amount that needs to be paid to secure the bond. Applicants with better credit scores and healthy financial pasts can expect to pay between 1% – 3% of the bond amount. All applicants can expect a quick response – usually within 24 hours – and the best rate available given their unique credit history.
How To Purchase An Insurance Agency Bond in Texas?
Start the application process online by downloading the form to the right of this screen. Email or fax the completed sheet back to the Absolute Surety office at 407-674-7978 and you will be contacted by a bond representative within one business day. Many receive their quote and secured bond within the same day!
We also offer additional insurance agency surety bonds in other states. Call our team toll free at 855-689-5106 to answer any further questions or contact our team of experts online.