1 (844) 589-9732

The $200,000 Washington D.C. title producer bond, upon approval of good credit, has an annual $1000 premium. Please call AmeriPro Surety Bonds today at 844-589-9732.

Washington D.C. Title Producer Bond

AmeriPro Surety Bonds | 844-589-9732

 

 

 

Washington D.C. Title Producer Licensing

 

 

 

Title producer companies in Washington D.C. are licensed and regulated by the District’s Department of Insurance, Securities and Banking (DISB).

The Department currently requires title producers to obtain a $200,000 surety bond as one of the prerequisites for licensing.

 

 

 

Qualifying and the Premium

 

 

 

Qualifying for your $200,000 Washington D.C. title producer bond involves the following:

  1. completing a short surety bond application;
  2. providing a recent financial statement (i.e. bank statements will also be helpful) and;
  3. undergoing a careful review by a surety bond underwriter. This process includes a credit check inquiry.

To be approved through our agency, good credit is necessary.

The approval rate is ½ of 1%, or $1000 annually.

Upon approval of your title producer surety bond and payment of the premium, our agency issues your bond to you immediately.

Along with your surety bond, a Power of Attorney (POA) form is included.

Once received in the mail with our original signature as Surety, you’ll sign your bond as Principal and file it along with your POA form to:

Department of Insurance, Securities and Banking

1050 First Street, NE, Suite 801

Washington D.C., 20002

 

 

 

Premium Prepayment Options

 

 

 

Your title producer bond may be prepaid up to 3 years. Doing so offers you a savings over year to year renewal of your bond’s premium.

The premium prepayment option and savings are as follows:

  • If prepaid for 2 years, the premium is $1800, a $200 savings;
  • If prepaid for 3 years, the premium is $2600, a $400 savings.

The 3 year limit is the maximum prepayment period allowed by D.C.

 

 

 

Purpose Of Your Surety Bond Requirement

 

 

 

Your title producer bond is a financial guarantee for the District of Columbia of your compliance with all laws concerning your D.C. title producers, as amended.

 

 

 

About Us

 

 

 

AmeriPro Surety Bonds is a surety bonds-only agency. We provide license and permit, court, probate and other surety bonds in Washington D.C. and all 50 states.

Please call our agency today at:

 

844-589-9732

 

Or, you may fill out the form below and a Surety Agent will contact you…

 

Request a Callback

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