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Texas managing general agent bonds.
$250 flat.
A Texas managing general agent (MGA) license carries a $25,000 bond filed with the Department of Insurance. Ours is $250 flat — the price you see is the checkout price, identical for every MGA. The bond issues the moment you pay — 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 is the application. No credit check.
Pay & e-sign
License bonds like this are among the thousands of bond types that issue right after purchase.
File with your MGA license
Your executed bond arrives by email, ready to file with your TDI managing general agent license application or renewal. Wet-ink original mailed on request.
What it is and who needs it.
What the bond actually guarantees
A managing general agent acts for an insurer — accepting or processing business, collecting premium, or adjusting or paying claims — and Texas licenses MGAs through the Department of Insurance under Insurance Code Chapter 4053. Chapter 4053 itself sets no bond amount — the Department conditions the license on proof of financial responsibility, which a $25,000 bond satisfies.
It's a three-party arrangement: you (the principal), the surety carrier, and the State of Texas (the obligee). The bond stands behind your faithful, lawful conduct as an MGA — if you mishandle insurer funds or violate the chapter, a harmed party can recover against the bond.
It is not insurance for you — if the surety pays a claim, you repay the surety. We track the bond and notify you 60 and 30 days out so your $25,000 filing stays continuous for as long as you hold the license.
You need this bond if you're
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 $25,000 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 your MGA license. Your executed bond arrives by email, ready to file with your TDI managing general agent license application or renewal. Wet-ink original mailed on request.
What sets the price
The premium is fixed at $250 at the $25,000 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.
One application, issued instantly.
These are the actual issuing fields. No credit check.
Start the application →Common questions.
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Price and requirements checked on the carrier’s application, . Page updated .
Finish your MGA license checklist today.
$250 flat, no credit check, bond often issued in the same sitting. Free until issued.