Florida Title Insurance Agency Bond

Florida Title Insurance Agency Bond

Title insurance agencies doing business in Florida are required to get a $35,000 Title Agent’s Bond. The bond protects against damages caused by the agency’s violation of the contract between the title insurance company and the agency.

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Jet Insurance Company is the direct surety provider and has cut out pesky brokers and middlemen that tack on commissions or have you play a game of telephone just to get you a quote; Jet will give you a quote within minutes online!

What Is the Lowest Price for the Title Insurance Agency Bond?

Your Title Insurance Agency Bond can cost as low as $13 a month or $131 a year with Jet! We offer multiple payment options so you can pick what works best for you. As a standard in the surety industry, this bond is subject to a credit check, which may affect your price. The chart below shows what a preferred credit applicant would be approved for.

Bond TermCost
Monthly$13
1 Year$131
2 Years$230
3 Years$328
Florida Title Insurance Agency Bond Rates

One of the things that sets Jet apart from the rest of the industry is our monthly payment option. If you choose this option, your bond is purchased on a month-to-month basis, allowing you to skip annual renewals and cancel the bond as soon as you don’t need it.

Why Is the Title Insurance Agency Bond Required?

The Florida Division of Insurance Agent and Agency Services manages the licensing of title insurance agencies, but leaves enforcement of a surety bond to the Title Insurance Agency. This bond is used as protection for the insurance agency from appointed insurers that they will act ethically and comply with the contract made between the insurer and the agency. If the appointee countersign endorsements, commitments, or policies of title insurance in violation of said contract, the insurer can take action on the bond to compensate for damages.

How to Apply for the Title Insurance Agency Bond With Jet

Jet makes it easy for you! Just hit the “Quote” button to get started. All the information that is needed can be entered online and once you are done, you will get your quote! You’ll be able to review payment options (monthly, one-year, or multi-year terms) and purchase which one to go with. 

Once your payment goes through, Jet will send you a confirmation email with a receipt and a digital copy of your bond.

How Does the Title Insurance Agency Bond Get Filed?

A physical copy of your Title Insurance Agency Bond will be mailed to you to sign and hold onto. You will need to file the bond as instructed by the title insurer when requested.

Read More About the Bond Process In One of Our Articles Below

How to Renew My Bond

For annually purchased bonds, see Jet’s process to renew your bond. Hint- it’s simple.

How to Cancel My Bond

See the details surrounding canceling your surety bond with Jet Insurance Company.

Bond Claim Process With Jet

Title Insurance Agencies need to be aware of what causes a claim and what happens after a claim is made.

Florida Title Agent Bond Form Example

Florida Title Insurance Agency Bond Form

Notary Bond Application:

X

Business Information:

Indemnity Agreement:

I, the undersigned, hereby apply for a Dishonesty Bond also known as a Business Service Bond or Janitorial Service Bond (“bond”) to the Surety Company (“SURETY”) through Jet Insurance Company (“JET”), with whom I hereby grant the authority to act on my behalf with respect to the bond and assign as my Broker of Record, and declare that the statements herein are true and correct. In consideration of the SURETY issuing, renewing or substituting said bond(s), I, individually and as the owner or officer of the bonded entity, hereby understand and agree, as follows: (i) to reimburse, hold harmless, and indemnify SURETY upon demand for all loss, liability, claim, expense, including but not limited to attorneys’ fees, expert’s fees, investigative fees and claims handling fees, and any other cost which SURETY shall pay or incur in defense, adjustment, or settlement of such claims/suits by reason of such suretyship; (ii) that an itemized statement of loss and expenses by SURETY shall be indisputable proof of my liability to SURETY; (iii) coverage is subject to a $100 deductible; (iv) the employee must be convicted before coverage will apply (v) performance and any form of dispute resolution of this agreement shall take place in the county of SURETY's office of service; and (vi) a facsimile copy or electronically signed version of this agreement shall be binding as if it were an original. This agreement shall survive any changes in, substitute to or renewal of the bond(s).

Required Effect Date of Bond Policy:

Contact Information:

Employee Dishonesty Bond Application:

Business Information:

Business Description:

Coverage Requirements:

Indemnity Agreement:

I, the undersigned, hereby apply for a Dishonesty Bond also known as a Business Service Bond or Janitorial Service Bond (“bond”) to the Surety Company (“SURETY”) through Jet Insurance Company (“JET”), with whom I hereby grant the authority to act on my behalf with respect to the bond and assign as my Broker of Record, and declare that the statements herein are true and correct. In consideration of the SURETY issuing, renewing or substituting said bond(s), I, individually and as the owner or officer of the bonded entity, hereby understand and agree, as follows: (i) to reimburse, hold harmless, and indemnify SURETY upon demand for all loss, liability, claim, expense, including but not limited to attorneys’ fees, expert’s fees, investigative fees and claims handling fees, and any other cost which SURETY shall pay or incur in defense, adjustment, or settlement of such claims/suits by reason of such suretyship; (ii) that an itemized statement of loss and expenses by SURETY shall be indisputable proof of my liability to SURETY; (iii) coverage is subject to a $100 deductible; (iv) the employee must be convicted before coverage will apply (v) performance and any form of dispute resolution of this agreement shall take place in the county of SURETY's office of service; and (vi) a facsimile copy or electronically signed version of this agreement shall be binding as if it were an original. This agreement shall survive any changes in, substitute to or renewal of the bond(s).

Required Effect Date of Bond Policy:

Contact Information:

Contract Bond Application:

X

Business Information:

Owner Information:

Job Details:

Indemnity Agreement:

I, the undersigned, hereby apply for a Dishonesty Bond also known as a Business Service Bond or Janitorial Service Bond (“bond”) to the Surety Company (“SURETY”) through Jet Insurance Company (“JET”), with whom I hereby grant the authority to act on my behalf with respect to the bond and assign as my Broker of Record, and declare that the statements herein are true and correct. In consideration of the SURETY issuing, renewing or substituting said bond(s), I, individually and as the owner or officer of the bonded entity, hereby understand and agree, as follows: (i) to reimburse, hold harmless, and indemnify SURETY upon demand for all loss, liability, claim, expense, including but not limited to attorneys’ fees, expert’s fees, investigative fees and claims handling fees, and any other cost which SURETY shall pay or incur in defense, adjustment, or settlement of such claims/suits by reason of such suretyship; (ii) that an itemized statement of loss and expenses by SURETY shall be indisputable proof of my liability to SURETY; (iii) coverage is subject to a $100 deductible; (iv) the employee must be convicted before coverage will apply (v) performance and any form of dispute resolution of this agreement shall take place in the county of SURETY's office of service; and (vi) a facsimile copy or electronically signed version of this agreement shall be binding as if it were an original. This agreement shall survive any changes in, substitute to or renewal of the bond(s).

Required Effect Date of Bond Policy:

Contact Information:

Worker's Compensation Application:

X

Business Information:

Business Description:

Coverage Requirements

Indemnity Agreement:

I, the undersigned, hereby apply for a Dishonesty Bond also known as a Business Service Bond or Janitorial Service Bond (“bond”) to the Surety Company (“SURETY”) through Jet Insurance Company (“JET”), with whom I hereby grant the authority to act on my behalf with respect to the bond and assign as my Broker of Record, and declare that the statements herein are true and correct. In consideration of the SURETY issuing, renewing or substituting said bond(s), I, individually and as the owner or officer of the bonded entity, hereby understand and agree, as follows: (i) to reimburse, hold harmless, and indemnify SURETY upon demand for all loss, liability, claim, expense, including but not limited to attorneys’ fees, expert’s fees, investigative fees and claims handling fees, and any other cost which SURETY shall pay or incur in defense, adjustment, or settlement of such claims/suits by reason of such suretyship; (ii) that an itemized statement of loss and expenses by SURETY shall be indisputable proof of my liability to SURETY; (iii) coverage is subject to a $100 deductible; (iv) the employee must be convicted before coverage will apply (v) performance and any form of dispute resolution of this agreement shall take place in the county of SURETY's office of service; and (vi) a facsimile copy or electronically signed version of this agreement shall be binding as if it were an original. This agreement shall survive any changes in, substitute to or renewal of the bond(s).

Required Effect Date of Bond Policy:

Contact Information: