NH managing general agent bonds.
Flat 3%. Soft pull.

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.

For NH managing general agents regulated under RSA 402-E by the Insurance Department
Amount is set by the Insurance Department — confirm your required figure on the MGA application
Soft credit pull only — never affects your score, and the rate stays a flat 3% either way
Flat 3%of your bond amount$275minimum premiumSoft pullnever affects your score
Trusted by industry leaders
NYCEDC
BDG
Capital
McKinney
Terra
JLL
Triple Five
Georgetown
NYCEDC
BDG
Capital
McKinney
Terra
JLL
Triple Five
Georgetown
How it works

Apply to filed in one sitting.

Most MGA bonds clear quickly. Enter your amount, pay, and file with the Insurance Department. Here is the whole thing:

TODAY · 5 MINUTES

Apply online

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.

WITHIN 48 HOURS

Reviewed & approved

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.

1–2 BUSINESS DAYS

File with the Insurance Department

Pay online and receive the executed bond, ready to file with your MGA license application. Wet-ink originals mailed whenever the Department insists.

The whole pricing page.

Bond amount × 3% = your premium, one-time, $275 minimum. Enter the figure the Department requires and the premium updates.

$50,000 bond
$1,500
$100,000 bond
$3,000
$150,000 bond
$4,500
About this bond

What it is and who needs it.

What the MGA bond actually covers

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.

RSA 402-ENew Hampshire RSA 402-E governs managing general agents, regulated by the Insurance Department. The chapter requires a written contract between the MGA and the insurer and sets licensing and financial-responsibility standards, including a bond and/or errors-and-omissions coverage. The statute does not fix a single bond amount — the Insurance Department sets the required figure. Confirm the amount on your MGA application.

You need this bond if you are

A managing general agent licensing with the New Hampshire Insurance Department under RSA 402-E
Binding or administering business on an insurer’s behalf in New Hampshire
Renewing your MGA license and your current bond is expiring or non-renewing
Expanding into New Hampshire as an MGA already licensed in another state

Five minutes. The whole thing.

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 →
FAQs

Common questions.

If yours isn't here, the bond team can usually answer within the hour.

How much is the New Hampshire MGA bond? +
The premium is a flat 3% of the bond amount, with a $275 minimum. RSA 402-E does not fix a single statutory amount — the Insurance Department sets the required figure, so enter that and the quote updates.
What amount does the Insurance Department require? +
It varies by MGA and is set during licensing. Check your MGA application or ask the Department's company licensing staff for the figure, then enter it and the premium updates.
What does the bond guarantee? +
The MGA's faithful performance of its duties and compliance with RSA 402-E — backing the premium and claim funds the agent handles on the insurer's behalf. If the surety pays a claim, you repay the surety.
Is there a credit check? +
Yes — one soft credit pull, which never affects your score. It informs approval, not price. The rate is a flat 3% either way: credit can affect whether we approve the bond, never what it costs.
Do I also need errors-and-omissions coverage? +
RSA 402-E contemplates a bond and/or E&O coverage for MGAs. The E&O policy is separate from this surety bond; confirm with the Insurance Department which the license requires in your case.
Related bonds

Other New York bonds.

MGA bond, issued this week.

Five-minute application, flat 3%, $275 minimum. Enter the amount the Department requires and file the same day.

Your premium @ 3%$3,000
Apply now →