A Maryland Title Insurance Producer Bond is a $150,000 financial guarantee required for professionals who sell title insurance in Maryland. Title insurance protects homebuyers and lenders if there are problems with property ownership. The State of Maryland requires this bond to protect consumers from financial harm if…
Overview
What it is.
A Maryland Title Insurance Producer Bond is a $150,000 financial guarantee required for professionals who sell title insurance in Maryland. Title insurance protects homebuyers and lenders if there are problems with property ownership. The State of Maryland requires this bond to protect consumers from financial harm if…
Who usually needs it
Individual title insurance producers, business entities operating as title insurance producers, Title Insurance Producer Independent Contractors (TIPICs), and Notary Signing Agents who conduct loan signings must obtain this $150,000 surety bond as part of their licensing requirements in Maryland. The bond protects the public from financial harm if the title…
Pricing & timing
What to expect.
Generic pricing
License bonds are required by state and local governments to ensure compliance with industry regulations. Typical Pricing:. • Small bonds (under $25,000): Typically $100–$250 per year (flat fee). • Larger license bonds: Commonly around 1–5% of the bond amount annually. • Credit impact: Good credit: starting around 1–2% · Average credit: typically 2–4% · Credit challenges: often 4–5% or higher. Same-day approval is typical for many common license bonds. Some license bonds may price higher de…
Typical timeframe
Issuance timeframe varies by bond type and underwriting
Application
What to do next.
Tell us the bond name, state, and amount on your form.
Share business and applicant info so the team can quote it.
Sign and pay; we issue the bond and send you the documents.
Keep your effective date and renewal date on file with us.
Start the application.
You are on the exact bond page. The next step is to start the quick application.
StateMDBond amount$150,000ObligeeState of MarylandBond classLicense BondCategoryInsuranceBondMaryland Title Insurance Producer BondJurisdictionStatePlain descriptionA Maryland Title Insurance Producer Bond is a $150,000 financial guarantee required for professionals who sell title insurance in Maryland. Title insurance protects homebuyers and lenders if there are problems with prop…Who needs this bondIndividual title insurance producers, business entities operating as title insurance producers, Title Insurance Producer Independent Contractors (TIPICs), and Notary Signing Agents who conduct loan signings must obtain …
