License & Permit
Title Insurance Agent Bond
A title insurance agent bond is a bond a title agency files so a title insurer can appoint it to issue title policies.
- Required by
- State insurance law, in favor of the appointing title insurer (Florida s. 626.8419)
- Bond amount
- Set by whoever requires the bond. We confirm it.
What this bond guarantees
In Florida the bond is payable to the appointing title insurer or insurers. It covers any appointing insurer damaged by the agency's violation of its agency contract. The insurer claims against the bond, and the surety pays valid claims and recovers from the agency.
Who needs it
- Title insurance agencies
- Real estate closing and settlement agencies that issue title policies
- Attorney-owned title agencies
What the underwriter looks at
- Agency financial statements
- Escrow handling volume
- Owner credit
- Claims and audit history
Requirements vary by state and by who asks for the bond. Send us the request you received and we will confirm exactly what it calls for.
Common questions
How much is the Florida title agency bond?
At least $35,000 under s. 626.8419, Fla. Stat. It must stay in force as long as the agency is appointed, and you must give your insurers written proof each year.
Can my title underwriter provide the bond?
No. Florida bars the appointing title insurer from providing the bond directly or indirectly.