Utah third party administrator bonds.
From $100.
Utah licenses third party administrators through the Insurance Department under Title 31A, Chapter 25, and conditions the license on a financial-responsibility bond. The amount scales with the funds you handle — pricing is 1% of the bond amount, with a $100 minimum. Your exact price appears at the application.
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How much does a Utah third party administrator bond cost?
1% of the bond amount, from $100. Enter your amount in the calculator for the exact price.
Three steps. One sitting.
You have the executed bond. Here is the whole thing:
Apply online
Your business details, the bond amount the Department requires, and the effective date. No credit check up to $50,000.
Approved
Approved as soon as you apply. There is no underwriting queue.
File with the Insurance Department
Receive the executed bond ready to file with your TPA license application or renewal. Wet-ink originals mailed whenever the state insists.
What it is and who needs it.
What the TPA bond actually covers
A third party administrator handles claims, premiums, or other funds on behalf of insurers or plans. Utah licenses TPAs through the Insurance Department under Title 31A, Chapter 25, and requires a bond as part of the administrator's financial-responsibility showing.
The bond guarantees that you'll account for and properly handle the funds under your control and comply with the Utah Insurance Code. It runs to the benefit of the people you administer for — if you mishandle their funds or violate the code, they can recover against the bond.
The amount is sized to your exposure: generally the greater of $5,000 or 10% of the funds you handle, subject to a $500,000 ceiling. Confirm the figure on your Department filing and enter it — pricing is 1% of that amount, with a $100 minimum.
You need this bond if you are
Claims, renewal, filing, and what sets the price.
If a claim is made
A court bond answers to the court and the party its order protects: if the judgment or order the bond secures is not satisfied, that party can claim against it, up to the penal sum the court set.
The surety pays a valid claim after the court rules, and you repay the surety. A court 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.
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 the Insurance Department. Receive the executed bond ready to file with your TPA license application or renewal. Wet-ink originals mailed whenever the state insists.
What sets the price
The premium is 1% of the bond amount, $100 minimum: the amount the obligee sets moves the price, not your business profile.
No credit check up to $50,000. Above that, the carrier may run a soft pull, which never affects your score.
Where a check runs, it decides approval; the rate is the same for everyone approved.
One application, no credit check up to $50,000.
Submit the application with your required bond amount — no credit check up to $50,000, and your executed bond is issued when you pay.
Start the application →Common questions.
Other Utah bonds.
The same bond in nearby states.
Price and requirements checked on the carrier’s application, . Page updated .
TPA bond, issued today.
One application, no credit check up to $50,000. Enter the amount your license requires and file with the Insurance Department.