Pennsylvania Title Insurance Agency Bond
Professionals who operate a title insurance agency or are applying for a Pennsylvania title insurance agency license must secure a surety bond as required by the Pennsylvania Insurance Department (PID).
The purpose of the bond is to ensure licensed title agencies operate ethically, manage client funds responsibly, and fulfill all legal duties related to issuing policies and conducting real estate settlements.
Cost of a Pennsylvania Title Insurance Agency Bond
The premium for a title insurance agency bond in Pennsylvania is a small percentage of the $100,000 bond amount.
| Bond Amount | Annual Premium |
| $100,000 | Varies |
NNA Surety has competitive rates and can provide you a free quote today.
How the Pennsylvania Title Insurance Agency Bond Works
This surety bond involves three key parties:
- Principal: Pennsylvania title insurance agency (you)
- Obligee: Pennsylvania Insurance Department
- Surety: Company issuing the bond
If a client is financially harmed due to violations of state law, the surety bond offers financial recourse for clients if their claim is valid.
You, as the principal, must then repay the surety for any amount paid out.
Get Your Pennsylvania Title Insurance Agency Bond
Here are the steps to get your PA title insurance agency bond:
- Complete our quote form.
- Receive your customized quote.
- Purchase your bond and receive your official bond documents.
- Submit the bond to the Pennsylvania Insurance Department as part of your licensing or renewal process.
For more information about the surety bond, call 855-630-2721 or email us.