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Maryland Title Service Agent Bond

How much does a title service agent bond cost in Maryland?

Title agent bond costs are determined on a case-by-case basis pending a review of the applicant’s credit report. Applicants with strong financial credentials can expect to pay just 1-4% of the bond amount, or an annual premium of just $250. But don’t worry if you have bad credit - SuretyBonds.com can approve 99% of applicants. Contact us now to get your free, no-obligation surety bond quote!

Bond Type Bond Amount Cost by Credit Score*
680 and up 679 - 600 599 or lower
Title Service Agent Bond $25,000 Starts at $250 $1,250-2,500 $2,500+ Apply Now
*The bond premium rate quotes provided to you through this website are for pricing comparisons and quotation estimate purposes only. The bond rate quotes provided are based on general assumptions that may or may not be applicable to you and are subject to change at any time. These rate quotes do not constitute an offer of insurance, nor is any contract, agreement, or bond coverage implied, formed or bound by the provision of rate quotes. Bondability, final bond premium rate quotes and an offer of insurance, if any, will be determined by the insurance company providing your bond. You must contact us directly to obtain a quote for binding purposes.

If you’re ready to get bonded, call SuretyBonds.com at 1 (800) 308-4358 or contact a surety expert online. We work to get every client the lowest quote available as fast as possible.

Why do I need this bond?

The Maryland Administrator of Motor Vehicles requires title service agents to file a $25,000 surety bond to ensure they accurately log vehicle registrations, vehicle titles, drivers’ licenses, certified copies of records, and other related documents according to the Transportation Article of the Annotated Code of Maryland.

This bond ensures that the title agent will not:

  • perpetrate an act of fraud against the administration or the public
  • advertise in such a manner that would imply the agent is associated with the administration or another disassociated body
  • conduct business in a way which is detrimental to the administration or to the public

These bonds are also referred to as public official and motor license agent surety bonds.

Our team of surety experts is here to help you with all of your bonding needs. Give us a call at 1 (800) 308-4358 or submit a bond request to now to get started!

What’s the fine print?

This title service agent bond is required by the Maryland Motor Vehicle Administration. The bond’s term must run concurrently with the individual’s business license term. These bonds are continuous until canceled, and 45 days’ notice is required prior to cancellation.

How to become a title service agent in Maryland

All title service agent license applications should meet the following requirements:

  • be submitted on a form furnished by the administration
  • contain a zoning approval from a local zoning jurisdiction
  • include a posted surety bond in the correct amount of $25,000
  • include a fee of $62.50 for the application

The license, once issued, should be displayed in a prominent location within the title agent’s office.

Additionally, the agent is required to maintain records for a minimum period of three years for the benefit and access of the administration. These records should include:

  • excise tax collection
  • titling and registration fees
  • customer names and addresses
  • vehicle makes, years, ID numbers and types of transactions made

Ready to get licensed? Fill out our easy online bond request form and take one step closer to becoming licensed!

Ready to get started?

Get a FREE Title Service Agent Bond Quote Today!

Code of Maryland Annotated Regulations Title 11 Subtitle 12 - Licensing of Title Service Agents

Maryland Motor Vehicle Administration Business Licensing Packet for Title Service Agents

Maryland Department of Transportation Motor Vehicle Administration Dealer - License for Title Service Agent

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