Escrow Agent Bond Requirements

Escrow agents need to obtain a surety bond to get their professional license in some states.

If you’re based in Arizona, California, Idaho, Montana, Nevada, New Mexico, Oregon, Washington, or Utah, you need to provide an escrow agent bond before you can launch your operations.

Why Do I Need This Bond?

The escrow agent bond is a type of license bond. It guarantees you will follow the law in your work as an escrow agent. It safeguards your customers’ interests against unlawful activities you may commit as a part of your escrow agent services, such as forfeiting escrow records and failing to deposit monies.

If a client suffers damages, they can file a bond claim to demand fair compensation. It can be up to the penal sum of your bond.

Need more details on how bonding works? Make sure to consult our in-depth ‘What is a surety bond’ guide.

Start your surety bond application today! Why us?
  • Quick turnaround - just 1-2 business days
  • Tailor-made advice on building a strong application
  • Exclusive bad credit programs

For further queries, don’t hesitate to call our bonding specialists at (866)-450-3412.

What Is the Escrow Agent Bond Cost?

The amount of the escrow agency bond that the licensing authorities set varies from state to state:

  • Arizona - $100,000 (more information here)
  • California - $25,000
  • Idaho - $20,000
  • Montana - $100,000
  • Nevada - $20,000
  • New Mexico - $100,000
  • Oregon - $50,000 - $500,000
  • Washington - $10,000
  • Utah - $10,000 - $50,000

The surety bond cost that you have to pay to get bonded is a small fraction of the amount that state bodies require you to provide. It is called the bond premium.

Factors Determining Your Bond Premium

Your credit score is the factor that affects your premium the most. Applicants with a FICO score above 700 typically get rates in the range of 1%-3% of the required amount.

The other factors that influence your escrow agent bond premium include:

  • Personal and business finances
  • Fixed and liquid assets
  • Professional experience as an escrow agent

You can see an estimate of your bond cost by credit score in the following table:

Escrow Agent Bond Cost By Credit Score
State and Bond Form Bond Amount Bond Cost By Credit Score
Above 700 650-699 600-649 Below 599
Washington escrow agent bond $10,000 $100-$300 $100-$300 $100-$300 $300-$500
Idaho and Nevada escrow agency surety bond $20,000 $200-$600 $200-$600 $200-$600 $600-$1,000
California bond of escrow agent $25,000 $250-$750 $250-$750 $250-$750 $750-$1,250
Oregon escrow agent bond form $50,000 to $500,000 $500-$1500

to

$5,000-$15,000

$500-$1500

to

$5,000-$15,000

$500-$1,500

to

$5,000-$15,000

$1,500-$2,500

to

$15,000-$25,000

Arizona, Montana, and New Mexico escrow agent bond $100,000 $1,000-$3,000 $1,000-$3,000 $1,000-$3,000 $3,000-$5,000
Utah $10,000 to $50,000 $100-$300 to

$500-$1500

$100-$300

to

$500-$1500

$100-$300

to

$500-$1500

$300-$500

to

$1,500-$2,500

How to Apply For a Bond

Do you want to apply for an escrow agent bond? You can click on the banner below for your free quote. Then you can buy your bond online straight away.

Not ready to apply? Then simply get a free no-obligations quote, so you can see our low prices!

Have more questions about escrow agent bonds? You can reach our bonding experts at (866)-450-3412.


About us:
Bryant Surety Bonds, Inc. is a surety bond agency based in Pennsylvania. Licensed in all 50 states and with access to over 20 T-listed, A-Rated bonding companies, we have the contacts, expertise, and top service to provide you with a hassle-free experience, all while offering competitive rates for your surety bond.