Kentucky insurance agent bonds.
$200 flat.
Kentucky requires insurance agents and consultants to file a fixed $20,000 bond with the Department of Insurance — ours is $200 flat, issued instantly. The bond issues the moment you pay — no credit check.
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How much does a Kentucky insurance agent 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 is the entire process:
Apply online
Business details and an effective date. No impact on your score.
Pay & e-sign
License bonds like this are among the thousands of bond types that issue right after purchase.
File with the Department of Insurance
Your executed bond (Form 99-3) and power of attorney arrive by email, ready to file with your Department of Insurance license application or renewal. Wet-ink original mailed on request.
What it is and who needs it.
What the bond actually guarantees
Kentucky licenses insurance agents and consultants through the Department of Insurance, and conditions the license on a $20,000 surety bond filed in favor of the Commonwealth. The bond is a compliance guarantee: it stands behind your honest dealing and your compliance with Kentucky insurance law.
It is a three-party arrangement: you (the principal), the surety carrier, and the Commonwealth of Kentucky (the obligee), with the public as the protected party. If an agent or consultant is found to have violated applicable insurance statutes or regulations, a harmed party can recover against the bond.
The bond is filed on the Department’s prescribed form (Form 99-3) and must stay active for the life of your license. Let it lapse and your license can be affected — so we track it and notify you 60 and 30 days out, keeping your $20,000 filing continuous.
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 $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 premium covers a one-year term from the effective date you choose; a longer term is the same price per year, chosen at checkout.
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 the Department of Insurance. Your executed bond (Form 99-3) and power of attorney arrive by email, ready to file with your Department of Insurance license application or renewal. 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.
Common questions.
Other Kentucky 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, bond often issued in the same sitting. Free until issued.