MD insurance adviser bonds.
$275. Five minutes.
Maryland requires every insurance adviser to file a $1,000 bond with the Insurance Commissioner under Md. Insurance §10-206. At a flat 3% that would be $30 — below our floor — so this bond is our $275 minimum. The application is five minutes, with no credit check.
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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's the application — no financials, no credit check section, no follow-up scavenger hunt.
Pay & e-sign
Small fixed-amount license bonds like this are among the thousands of bond types that issue right after purchase. At most, 1–2 business days.
File with your license
Your executed bond arrives by email, showing the State of Maryland as obligee, ready to file with your adviser license application or renewal. Wet-ink original mailed on request.
The whole pricing page.
$1,000 bond × 3% = $30, which is under our $275 minimum — so the price is $275 per term, the same for every adviser. Multi-year if you want it.
What it is and who needs it.
What the bond actually guarantees
Maryland licenses insurance advisers — people who, for a fee, advise others about insurance policies — through the Maryland Insurance Administration. Under Md. Insurance §10-206, an applicant files a bond in the penal sum of $1,000 with the Commissioner before the license issues.
It's a three-party arrangement: you (the principal), the surety carrier, and the State of Maryland (the obligee). The bond is conditioned on you faithfully performing the duties of an adviser, and it specifically lets the State recover the penal sum if you are guilty of fraudulent or dishonest practices while acting as an adviser.
The bond must stay in force for the life of your license. Let it lapse and your renewal can be held up — Maryland conditions adviser renewal on a compliant $1,000 bond. We track it and notify you 60 and 30 days out so your filing stays continuous.
You need this bond if you're
Five minutes. The whole thing.
These are the actual issuing fields — no credit check section, because this bond doesn't have one.
Start the application →Common questions.
If yours isn't here, the bond team can usually answer within the hour.
How much is the Maryland insurance adviser bond? +
Do I pay the $1,000? +
Is an adviser the same as a public adjuster? +
Is there a credit check? +
When does it renew? +
Other New York bonds.
Finish your adviser license checklist today.
$275 flat, five-minute application, bond often issued in the same sitting. Free until issued.