MD insurance adviser bonds.
$100 flat.

Maryland requires every insurance adviser to file a $1,000 bond with the Insurance Commissioner under Md. Insurance §10-206. The price is set by our carrier’s rate book for this bond: $100 flat, the same for every adviser. The bond issues the moment you pay — no credit review of any kind, not even a soft pull.

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Required for your MD insurance adviser license — new applicants and renewals

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Fixed $1,000 penal sum — set by statute, not a quote process

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No credit section — small fixed-amount license bond, issued fast

A-ratedA.M. Best carriersInstantunderwriting process1–3 yrterms available

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How it works

Three steps. One sitting.

License bonds are the simplest thing in surety. Here's the entire process:

NOW · ONLINE

Apply online

Business details and an effective date. That's the application — no financials, no credit section, no follow-up scavenger hunt.

MINUTES, USUALLY

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.

SAME DAY

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.

About this bond

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.

Md. Insurance §10-206Md. Code, Insurance §10-206 requires an insurance adviser applicant to file with the Commissioner a bond in the penal sum of $1,000, conditioned on faithfully performing the duties of an adviser, running to the State of Maryland, approved by the Commissioner as to form and sufficiency, and authorizing the State to recover the penal sum if the adviser is guilty of fraudulent or dishonest practices. (Note: a public adjuster — a different license — files a $20,000 bond under §10-405.1.)

You need this bond if you're

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Applying for a MD insurance adviser license — the bond is filed with your application

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Renewing your adviser license and your bond is expiring or your surety non-renewed

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Returning to advising after a lapse that requires a fresh bond on file

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Confirming the right license — note an adviser is not a public adjuster ($20,000) or an adjuster

One application, issued instantly.

These are the actual issuing fields — no credit section, because this bond doesn't have one.

Start the application →

FAQ

Common questions.

How much is the Maryland insurance adviser bond?The bond amount is a fixed $1,000 set by §10-206. The premium is set by our carrier's rate book for this bond: $100 flat, the same for every adviser. There's no quote process.

Do I pay the $1,000?No. You pay the $100 premium. The $1,000 is the surety's maximum liability to the State if a valid claim is made against the bond — it's not a deposit, and nobody holds your money.

Is an adviser the same as a public adjuster?No — they are different Maryland licenses with different bonds. An insurance adviser files a $1,000 bond under §10-206; a public adjuster files a $20,000 bond under §10-405.1. This page is the adviser bond. If you need the adjuster bond, just ask and we’ll point you to it.

Is there a credit check?The application collects no credit information — there's no SSN or credit section to fill out. Most applications approve instantly; if a quick check ever runs, it's a soft pull only and never affects your score.

When does it renew?The bond must stay active for as long as you hold the adviser license — Maryland conditions renewal on a compliant $1,000 bond. You can buy a 1, 2, or 3-year term; we send renewal notices 60 and 30 days out, with autopay available.

Related bonds

Other Maryland bonds.

Finish your adviser license checklist today.

$100 flat, no credit review, bond often issued in the same sitting. Free until issued.

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Your price$100

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