Arizona managing general agent bonds.
From $1,000.
A licensed managing general agent (MGA) in Arizona files a surety bond with the Department of Insurance and Financial Institutions under A.R.S. § 20-311.01. The amount is 10% of your prior-year nationwide written premium, between $100,000 and $500,000. The premium is 1% of that bond amount, calculated instantly at the application.
Trusted by industry leaders
How much does an Arizona managing general agent bond cost?
1% of the bond amount, from $1,000 at the $100,000 minimum. Enter your amount in the calculator for the exact price.
Three steps. One sitting.
No underwriting queue for the standard MGA bond — enter your amount, pay, and file with DIFI. Here is the whole thing:
Apply online
Your business details, the bond amount your written premium requires, and the effective date — that is the application.
Issued on the spot
No credit check up to $100,000, and most applications approve instantly — the executed bond is generated as soon as you pay.
File with DIFI
The insurer makes the bond available for inspection by the director. Submit the executed bond with your MGA licensing. Wet-ink originals mailed on request.
What it is and who needs it.
What the MGA bond actually covers
Arizona requires a person who acts as a managing general agent of an insurer to be licensed by the director of the Department of Insurance and Financial Institutions (DIFI) under A.R.S. § 20-311.01. An MGA produces and underwrites business on an insurer’s behalf and handles the insurer’s money, so the statute conditions licensure on a surety bond.
The bond runs to protect the insureds and insurers whose funds the MGA handles. Its amount is ten percent of the total annual premium the MGA produced nationwide for the insurer in the prior calendar year — but never less than $100,000 and never more than $500,000.
Because the figure scales with your premium, enter the amount that applies to you — premiums start at $1,000, and your exact price appears at the application. The insurer must keep the bond available for the director’s inspection, so it stays on file for the life of your MGA relationship.
You need this bond if you are
Claims, renewal, filing, and what sets the price.
If a claim is made
A claim comes from the party the bond protects, the obligee named on the form, when the duty the bond guarantees is not met.
The surety investigates and pays a valid claim, up to the bond amount. You then repay the surety: a surety bond is a guarantee of your performance, not insurance for you.
Renewal and term
The premium covers a one-year term from the effective date you choose.
Renew before the expiry date to keep the bond in force: the license, permit or contract it backs expects continuous coverage.
How to file it
File with DIFI. The insurer makes the bond available for inspection by the director. Submit the executed bond with your MGA licensing. Wet-ink originals mailed on request.
What sets the price
The premium is 1% of the bond amount, $100 minimum: the amount the obligee sets moves the price, not your business profile.
No credit check up to $100,000. Above that, the carrier may run a soft pull, which never affects your score.
Where a check runs, it decides approval; the rate is the same for everyone approved.
One application, issued on the spot.
Submit the application with your required bond amount — the executed MGA bond is generated instantly, ready to file with DIFI.
Start the application →Common questions.
Other Arizona bonds.
The same bond in nearby states.
Price and requirements checked on the carrier’s application, . Page updated .
MGA bond, issued today.
From $1,000, with your exact price at the application. Enter your required amount and file with DIFI the same day.