California Escrow Agency Bond
Flat Rates & No Credit Check
| Bond Amount Required | Bond Term | Annual Premium |
| $25,000 | 1 Year | $250 |
| $35,000 | 1 Year | $350 |
| $50,000 | 1 Year | $500 |
Licensed escrow agents in California must maintain a surety bond based on the size of their escrow trust fund obligations. Required by the State of California, the escrow agency bond helps protect the state and people who have a valid claim against the escrow agent under the California Escrow Law.
Cost of the California Escrow Agency Bond
The cost of the $25,000 California escrow agency bond is $250 per bond term with NNA Surety. The cost of the $35,000 California escrow agency bond is $350 per bond term, and the $50,000 bond is $500 per bond term. Contact NNA Surety to secure the bond amount required for your escrow agency.
How the California Escrow Agency Bond Works
The California escrow agency bond holds licensed escrow agents financially accountable for complying with the California Escrow Law and provides financial protection for covered claims.
The bond involves three parties:
Principal: Escrow agency
Obligee: State of California
Surety: Bonding company
The required bond amount depends on the escrow agent’s applicable average annual trust fund obligations. A claim may be filed when an escrow agent has an obligation covered under the California Escrow Law, and the principal is responsible for reimbursing the surety for valid claims paid under the bond.
How to Get the California Escrow Agency Bond
Follow these simple steps to get bonded with NNA Surety:
- Complete the application using Merchants Bonding ID# 115341.
- Pay the applicable bond premium.
- Receive the bond form via email.
- Download and file the bond as required for your license.
Learn more about your California surety bond options across the state.
Secure Your California Escrow Agency Bond
Keep your escrow agency licensing requirements on track by securing the required surety bond today. Contact NNA Surety by calling 855-457-2196 to get started.