New Hampshire regulates managing general agents under RSA 402-E, through the Insurance Department. An MGA binds and administers insurance on an insurer's behalf, and the Department requires financial security to back that authority. Enter the amount required and we issue it at a flat 3%, with one soft credit pull.
















Most MGA bonds clear quickly. Enter your amount, pay, and file with the Insurance Department. Here is the whole thing:
Your company details, the bond amount the Department requires, and the effective date — plus a one-time consent to a soft credit pull. That is the application.
Most of these clear quickly; if underwriting needs anything, an underwriter reaches out within 48 hours. The credit check is a soft pull that never affects your score.
Pay online and receive the executed bond, ready to file with your MGA license application. Wet-ink originals mailed whenever the Department insists.
Bond amount × 3% = your premium, one-time, $275 minimum. Enter the figure the Department requires and the premium updates.
A managing general agent (MGA) is an agent given broad authority by an insurer — to bind coverage, administer business, adjust or pay claims, or appoint sub-agents. New Hampshire regulates MGAs under RSA 402-E, through the Insurance Department, which requires an MGA to have a written contract with the insurer and to meet the Department's licensing and financial-responsibility standards.
The bond is a guarantee of the MGA's faithful performance of its duties and compliance with RSA 402-E. If an MGA mishandles premium or claim funds, or violates the statute, the insurer or harmed parties can look to the bond — it stands behind the trust the insurer places in the agent.
RSA 402-E does not set one fixed statutory bond amount; the Insurance Department sets the required figure as part of licensing. It is not insurance for you — if the surety pays a claim, you repay the surety. Enter the amount on your application and we issue it at a flat 3%, with one soft credit pull.
These are the actual underwriting fields, including a one-time consent to a soft credit pull. Submit once and your bond is typically issued within 1–2 business days.
Start the application →If yours isn't here, the bond team can usually answer within the hour.
Five-minute application, flat 3%, $275 minimum. Enter the amount the Department requires and file the same day.