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Texas Insurance Agency Bond

Texas Insurance Agency Bond

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Who Requires the Insurance Agency Bond and Why Is It Needed?

A $25,000 Insurance Agency Bond is required in Texas for those having applied to the Texas Department of Insurance for a license as an Insurance Agent to engage in the business of insurance sales as an Insurance Agent in accordance with the Texas Insurance Code. The insurance agency surety bond is for the use and benefit of any customer of the principal as defined by the Texas Insurance Code, ยง4001.106 and ensures ethical business conduct and faithful compliance with the statutory provisions defined by the state of Texas. The surety bond provides security to guarantee that the bonded principal will discharge losses that result from any final judgment recovered against the principal by any customer up to but not exceeding the penal sum of the surety bond.

How Much Will My Surety Bond Cost?

Take 2 minutes to provide the basic information required to get the best rates for your Texas Insurance Agency Bond. The quote request is free and there is no obligation to you. If you prefer, please call 1‐800‐608‐9950 to speak with one of our friendly bond experts. We can help guide you through the bonding process and identify the lowest cost in the market for your situation.

If you are interested in spreading out the cost of your bond over time, we can offer convenient financing plans for many types of surety bonds. More information will be provided with your quote.

List of Texas surety bonds.

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