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 review of any kind, not even a soft pull.
















License bonds are the simplest thing in surety. Here's the entire process:
Business details and an effective date. That's the application — no financials, no credit section, no follow-up scavenger hunt.
License bonds like this are among the thousands of bond types that issue right after purchase. At most, 1–2 business days.
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.
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.
These are the actual issuing fields — the application collects no credit information, because this bond doesn't need it.
Start the application →$250 flat, no credit review, bond often issued in the same sitting. Free until issued.