District of Columbia insurance broker bonds.
$200 flat.
A District insurance broker files a $20,000 surety bond with the Department of Insurance, Securities and Banking (DISB) in support of the broker license. Ours is $200 flat — the price you see is the checkout price, set by our carrier’s rate book for this bond. No credit check. Most applications approve instantly.
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How much does a District of Columbia insurance broker bond cost?
$200 at the $20,000 amount, the same for every applicant.
Three steps. One sitting.
License bonds are the simplest thing in surety. Here's the entire process:
Apply online
Business details and an effective date. That is the application. No credit check.
Pay & e-sign
License bonds like this are among the thousands of bond types that issue right after purchase.
File with DISB
Your executed $20,000 bond arrives by email on the DISB surety bond form, ready to file in support of your broker license. Wet-ink original mailed on request.
What it is and who needs it.
What the bond actually guarantees
The District licenses insurance producers and brokers through the Department of Insurance, Securities and Banking (DISB). An insurance broker bond is a client-protection guarantee — it backs the broker’s honest handling of the premiums and business entrusted to them, in support of the license DISB issues.
It's a three-party arrangement: the broker (the principal), the surety carrier, and the District together with the broker’s clients (the protected parties). If a broker mishandles client funds or violates insurance law, a harmed party can recover against the $20,000 bond.
It is not insurance for you — if the surety pays a claim, you repay the surety. Note that the District’s separate “broker” license is a narrower, legacy category distinct from the standard resident/non-resident producer license; many producers do not need this bond. Confirm with DISB that the broker bond is what your specific license requires before you file.
You need this bond if you're
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 $20,000 bond amount. You then repay the surety: a surety bond is a guarantee of your performance, not insurance for you.
Renewal and term
The bond runs to April 30 whatever day you buy; the premium covers the period to that date.
Renewal falls on the statutory date, April 30, in the year your term ends.
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 DISB. Your executed $20,000 bond arrives by email on the DISB surety bond form, ready to file in support of your broker license. Wet-ink original mailed on request.
What sets the price
The premium is fixed at $200 at the $20,000 amount for every applicant: the carrier’s rate book prices this bond by the form, not by your credit or your business profile.
No credit check.
One application, issued instantly.
These are the actual issuing fields. No credit check.
Start the application →Common questions.
Other District of Columbia bonds.
Been told you need a different amount?
Price and requirements checked on the carrier’s application, . Page updated .
Finish your license checklist today.
$200 flat, no credit check. Free until issued.