Appraisal Management Company Surety Bonds

What is an appraisal management company bond and why do I need one?

An appraisal management company (AMC) surety bond is needed in many states as a licensing requirement to operate an appraisal management business.

This surety bond provides a simple way for you to document your company’s financial liability requirement as outlined by the state. If there is a claim against your bond, the surety company will seek reimbursement from you, the policyholder. An AMC bond is different from business insurance in that you are paying a premium to protect your customers rather than your company.

Get Your Appraisal Management Company Surety Bond


How much does an appraisal management bond cost?

Depending on your personal credit score and your business’s financial health and history, your bond premium can range from 1% to 3% of the bond’s full coverage amount.

Here are the states in which NNA Surety Bonds provides bonds for appraisal management companies, with premiums listed at 1%.

Cost of Appraisal Management Company Surety Bonds
State Bond Amount Cost
(Annual Premium at 1%)*
Alabama $25,000 $250
Arizona $20,000 $200
Arkansas $20,000 $200
Colorado $25,000 $250
Delaware $20,000 $200
Georgia $20,000 $200
Illinois $25,000 $438 (two years)
Louisiana $20,000 $200
Mississippi $20,000 $200*
Missouri $20,000 $200
Nebraska $25,000 $250
New Mexico $25,000 $250*
North Carolina $25,000 $250
Oregon $25,000 $250
South Dakota $25,000 $250
Tennessee $20,000 $200
Utah $25,000 $250*
Virginia $100,000 $1,000
Wyoming $25,000 $250

* Cost can vary depending on the bond amount required and your credit rating

Qualifying for an appraisal management company bond

We make it quick and easy to get a surety bond for your appraisal management company. If you are ready to apply, or would like more information about AMC bonds, simply call our surety experts at 855-215-2160 or request a free quote.

Get bonded in your state

Appraisal management company bonds are available through NNA Surety Bonds in the following states: Alabama, Arizona, Arkansas, Colorado, Delaware, Georgia, Illinois, Mississippi, Missouri, Nebraska, New Mexico, North Carolina, Oregon, South Dakota, Tennessee, Utah, Virginia, and Wyoming.

To learn more about getting the AMC bond coverage required in your state, contact us!

What is an appraisal management company?

Although appraisal management companies have existed for over 50 years, their importance grew dramatically after the financial crisis of 2007–2008. In studying how to prevent a recurrence of the housing overvaluation bubble, regulators realized that property appraisers had to be more independent of property buyers and lending institutions, both of whom stood to profit if property prices were artificially inflated.

Appraisal management companies were therefore inserted between lenders and appraisers as independent entities that hire and manage property appraisers. By federal regulation, they are not allowed to be influenced by lenders, and therefore have no motive to inflate property prices when providing real estate valuation services.

Questions? Call NNASurety Bonds at 855-215-2160
Monday to Friday, 6 a.m. to 5 p.m. (PT)

Providing Bonds and Insurance Since 1957