Hawaii Appraisal Management Company Bond
AmeriPro Surety Bonds | 844-589-9732
Appraisal Management Companies – Hawaii
Appraisal management companies in Hawaii are regulated by the state’s Department of Commerce and Consumer Affairs and are required to furnish evidence of a $25,000 surety bond as a condition of licensing.
Meeting this requirement with our agency will take just a few minutes of your time.
Qualifying and the Premium
Your appraisal management company is automatically approved for the $25,000 Hawaii appraisal management bond. There is no credit check nor review by an underwriter.
When you call us, we’ll just ask you for the basics- i.e. the name that should appear on your surety bond, the business address, email and phone number.
After payment of the $250 premium, our agency issues this bond to you immediately. The bond is mailed then notarized by our agency as Surety and then mailed to you. Upon receipt, you’ll sign your appraisal management company bond as Principal and the have it notarized.
You will file your completed bond to:
State of Hawaii
Department of Commerce and Consumer Affairs
PVL Licensing Branch
P.O. Box 3469
Honolulu, HI 96801
Additional Premium Payment Options
At $250 premium, the $25,000 Hawaii appraisal management company bond is issued to you for one year. The bond and the associated premium will renew on the anniversary of its issuance.
Our agency offers you the option to prepay your bond up to 3 years. Prepayment of the premium saves you over renewing each year.
The premium prepayment option and savings are as follows:
- If prepaid for 2 years, the premium is $450, a savings of $50;
- If prepaid for 3 years, the premium is $650, a savings of $100.
Purpose of Your Surety Bond Requirement
Your surety bond requirement is a financial guarantee of your compliance with Act 118 slh 2018 Hawaii and any amendments to this legislation.
As Principal of your surety bond, should any claims be paid, you would be required to reimburse the Surety for all costs and fees involved.
AmeriPro Surety Bonds is a surety bonds-only agency. We provide appraisal management company bonds nationwide.
We are also a provider of license and permit bonds in all 50 states.
Please call our agency today at:
Or, you may fill out the form below and an agent will contact you…