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Florida Title Agency Bond

Florida Title Agency Bond

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

A Title Agent's Bond is a type of surety bond required in Florida under subsection (1) of section 626.8419, Florida Statutes for the benefit of title insurers appointing the agency. The Title Agent's Bond obligates the bonded principal to perform all duties and responsibilities under agency contracts with each title insurer. Regardless of the number of years this surety bond remains in full force and effect and the number of premiums paid, the surety company's aggregate liability is limited to the penal sum of this 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 Florida Title 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.

What Does the Bond Protect Against?

The bond guarantees performance of all responsibilities and duties required by the principal's agency contract with each title insurer where the principal is licensed. The bond also ensures that principal abides by all rules and regulations of the Florida Department of Financial Services and complies with the provisions of the Title Insurance Agents Law, Part V of Chapter 626, Section 626.841 through 626.8473, Florida Statutes.

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Surety Bonds Direct, LLC, Bonds Surety & Fidelity, Charleston, SC
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