Maryland Title Insurance Producer Bond

1. Apply For Your Bond

Through our easy process, you can set up your new title insurance producer bond quickly and conveniently. To get started, fill out the online application. This brief application usually only takes a few minutes to complete.

When Val needed a title insurance producer bond recently, she filled out our online application and had a quote shortly after submitting the form. Paying for her bond was just as easy with our online payment portal. After completing the rest of her licensing process, she started operating in the title insurance industry.

2. Review Your Bond Quote 

Soon after submitting your quote online, you will receive your bond quote. While most applicants will have a quote within minutes, more time is required for complicated situations. In these cases, a quote is delivered within 48 hours. 

3. Purchase Your Bond

When you are ready to buy your title insurance producer bond, complete your purchase conveniently through the online payment portal. Then, your bond will be emailed to you without delay. A mailed copy is available upon request. 

If you need assistance with your bond application or have questions, our bond specialists are standing by to help. Reach us online today or contact us by phone at (877) 514-5146.

The Maryland Insurance Administration is responsible for issuing licenses to businesses and individuals who are title insurance producers. This license is required in order to legally conduct closing transactions and issue title insurance.

One of the licensing requirements is a $150,000 surety bond. Alternatives to providing the surety bond are a letter of credit or a Title Insurance Producer Independent Contractor waiver, if the applicant is an independent contractor.

The surety bond form must name the State of Maryland as the obligee. It also must indicate the bond company, bond amount and the bond coverage period. For the principal’s license to remain valid, the bond must be renewed prior to the expiration date.

To renew your bond, the premium must be paid annually. We help our customers maintain their bonds by providing a renewal reminder and payment instructions prior to the bond’s expiration date.

To obtain a title insurance producer license in Maryland, several items must be provided to the Maryland Insurance Administration. These items are: 
 

• NAIC Uniform Application Individual Producer
• Completion of the Maryland title exam within the last six months, for residents
• Proof of licensing and good standing status with a home state, for non-residents
• $54 application fee
• Surety bond, letter of credit or Title Insurance Producer Independent Contractor waiver
• Blank fidelity bond

For additional information about obtaining a Maryland title insurance producer license, contact: 

Maryland Insurance Administration
200 St. Paul Street #2700
Baltimore, MD 21202 
Phone: (888) 204-6198