Nebraska Escrow Agent Bond Guide
If you’re applying for a title insurance agent license in Nebraska and will handle escrow funds, you’ll need this surety bond.
Bond Overview
- Purpose: To ensure proper management of escrow funds and transactions
- Who Needs It: Title insurance agents handling escrow funds or security deposits
- Regulating Body: The Nebraska Department of Insurance
- Required Coverage: $100,000
- Premium Rate: $500–$10,000, credit-based
Learn all about the bond requirements and process in this guide.
What Is a Nebraska Escrow Agent Bond?
A Nebraska escrow agent bond is required for title title insurance agents who handle escrow funds or security deposits.
The $100,000 surety bond creates financial security to cover potential claims if an agent or their employees break license regulations.
How Much Do Escrow Agent Bonds Cost?
Nebraska title insurance escrow agent bonds cost a small percentage of the $100,000 coverage amount, typically $500–$10,000.
Exact rates vary based on personal credit score. Apply for your free quote now!
SuretyBonds.com offers the lowest available rates from our nationwide provider network with no added fees.
How Do I Get My Bond?
SuretyBonds.com provides the fastest and easiest way to get a Nebraska escrow/title insurance agent bond. Just follow these quick steps:
- Apply: Submit an online quote request form
- Quote: Receive your quote within one day
- Sign: Complete the indemnity agreement
- Buy: Purchase the bond online 24/7
We’ll email you the bond shortly after purchase. Be sure to file it with the DOI as instructed.
If you have any questions, call our friendly surety experts at 1 (800) 308-4358 for assistance.
How Does a Nebraska Escrow Agent Bond Work?
An escrow agent bond creates a legal contract between these three parties:
- Principal: You, the escrow/title insurance agent filing the bond
- Obligee: The Nebraska Department of Insurance requiring the bond
- Surety: The provider issuing the bond
This holds you financially responsible for upholding the provisions of Nebraska Statutes § 44-19,109.
If you break the bond terms, harmed parties can file claims. The surety will pay valid claims up to the bond amount, but you must ultimately refund the surety.
How Do I Renew My Bond?
These bonds expire annually. To renew your escrow agent bond, simply pay your renewal invoice when prompted.
We’ll begin contacting you by phone and email 90 days before the expiration date.