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License Bond

State of Georgia - Insurance Counselor Bond

This bond is required for individuals who want to work as insurance counselors in Georgia, helping people understand and choose insurance policies. The state requires this $5,000 bond to protect consumers from financial harm if the counselor acts dishonestly, provides bad advice, or fails to follow state insurance law…

Overview

What it is.

This bond is required for individuals who want to work as insurance counselors in Georgia, helping people understand and choose insurance policies. The state requires this $5,000 bond to protect consumers from financial harm if the counselor acts dishonestly, provides bad advice, or fails to follow state insurance law…

Who usually needs it

Individuals seeking licensure as resident insurance counselors in Georgia must obtain this $5,000 surety bond. Insurance counselors are professionals who provide advice on insurance lines such as life, accident and sickness, property, casualty, and personal lines. The bond ensures faithful performance of contracted services and compliance with Georgia insur…

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.

  1. Tell us the bond name, state, and amount on your form.
  2. Share business and applicant info so the team can quote it.
  3. Sign and pay; we issue the bond and send you the documents.
  4. Keep your effective date and renewal date on file with us.
Start the application.

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Details

Bond details.

StateGA
Bond amount$5,000
ObligeeState of Georgia
Bond classLicense Bond
CategoryOther
BondState of Georgia - Insurance Counselor Bond
Plain descriptionThis bond is required for individuals who want to work as insurance counselors in Georgia, helping people understand and choose insurance policies. The state requires this $5,000 bond to protect consumers from financial…
Who needs this bondIndividuals seeking licensure as resident insurance counselors in Georgia must obtain this $5,000 surety bond. Insurance counselors are professionals who provide advice on insurance lines such as life, accident and sick…
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Next step

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