Arizona Escrow Agency Surety Bond
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| Bond Amount Required | Bond Term | Annual Premium |
| $100,000 | 1 Year | $1,000 |
Escrow agents engaging in the escrow business in Arizona must maintain a corporate surety bond as part of the state’s licensing requirements. Required by the State of Arizona, the escrow agency surety bond protects people injured by a licensee’s failure to comply with applicable requirements or by covered wrongful acts, defaults, fraud or misrepresentation.
Cost of the Arizona Escrow Agency Surety Bond
The cost of the $100,000 Arizona escrow agency surety bond is $1,000 per bond term with NNA Surety. Secure this surety bond today.
How the Arizona Escrow Agency Surety Bond Works
The Arizona escrow agency surety bond protects the public by holding licensed escrow agents financially accountable for complying with Arizona escrow laws and providing financial protection for covered losses.
The bond involves three parties:
- Principal: Escrow agency
- Obligee: State of Arizona
- Surety: Bonding company
A claim against the bond may be filed when an escrow agent fails to comply with covered requirements or commits a covered wrongful act, default, fraud or misrepresentation. The principal is responsible for reimbursing the surety for valid claims paid under the bond.
How to Get the Arizona Escrow Agency Surety Bond
Follow these simple steps to get bonded with NNA Surety:
- Complete this short online application.
- Pay the $1,000 bond premium.
- Receive the bond form via email.
- Download and file the bond as required for your license.
Learn more about your Arizona surety bond options across the state.
Get Your Arizona Escrow Agency Surety Bond
Keep your escrow agency licensing requirements on track by securing your surety bond
today. Complete the form above and to get started and complete the required bonding process.