The District of Columbia’s Department of Insurance, Securities and Banking regulates and licenses appraisal management companies.
In addition to the appraisal management company application, and a $1300 application fee, you are also required to obtain a $25,000 surety bond.
Your company is automatically approved for the $25,000 Washington D.C. appraisal management company bond. This is because there is no underwriting review nor a credit inquiry. The premium is just $250, annually.
When you call us, we’ll just ask you the name that should appear on your bond, along with up to 2 additional branch office addresses if applicable.
After payment of the $250 premium, our agency issues your bond to you immediately along with a Power of Attorney form. It is the original document that you’ll file with the District of Columbia.
The filing address for your D.C. appraisal management company bond is:
DC Department of Insurance, Securities and Banking
1050 First Street, NE,
Washington, D.C. 20002
The $250 premium for your D.C. appraisal management company bond renews annually. Our agency also offers you the option to prepay your bond’s premium up to 3 years, thereby offering a savings over annual renewals.
The premium prepayment option and savings are as follows:
This appraisal management company surety bond is a financial guarantee of your compliance with the D.C. Appraisal Management Company Law, as amended.
AmeriPro Surety Bonds is a surety bonds-only agency. We issue appraisal management company surety bonds nationwide within minutes of calling our agency.
Our agency is also a provider of license and permit, court, and probate surety bonds in Washington D.C. and all 50 states.
Please call us today at:
Or, you may fill out the form below and a Surety Agent will contact you...