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Nebraska
Managing General Agents Bond

400,000+ Bonds issued to 250,000+ satisfied customers.

Coverage Amount: $100,000 - $500,000
Term Length: 1 year
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Nebraska Managing General Agent Bond Guide

If you’re applying for a managing general agent license in Nebraska, you’ll need this surety bond. 

Bond Overview

  • Purpose: To ensure agents operate honestly and ethically
  • Who Needs It: All managing general agents in Nebraska
  • Regulating Body: The Department of Insurance
  • Required Coverage: $100,000–$500,000
  • Premium Rate: 0.5–10%, credit-based

Learn all about the bond requirements and process in this guide. 

What Is a Nebraska Managing General Agent Bond?

A Nebraska managing general agent bond is a licensing requirement that holds agents financially responsible for operating honestly and ethically. 

The Department of Insurance requires the bond for any person who manages all or part of the business of an insurance provider.

How Much Do Managing General Agent Bonds Cost?

Nebraska managing general agent bonds cost a small percentage of the required coverage amount, typically 0.5–10%.


For example, you could pay as low as $500 to $1,000 for $100,000 coverage. Exact rates vary based on personal credit score. Apply for your free quote now!

Bond Type
$100,000-$500,000Managing General Agents Bond

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 managing general agent bond. Just follow these quick steps: 

  1. Apply: Submit an online quote request form
  2. Quote: Receive your quote within one day
  3. Sign: Complete the indemnity agreement 
  4. Buy: Purchase the bond online 24/7

We’ll email you the bond shortly after purchase. Be sure to file it with the Department of Insurance as instructed. 

If you have any questions, call our friendly surety experts at 1 (800) 308-4358 for assistance. 

How Does a Nebraska Managing General Agent Bond Work? 

A managing general agent bond creates a legal contract between these three parties: 

  1. Principal: You, the managing general agent filing the bond
  2. Obligee: The Department of Insurance requiring the bond
  3. Surety: The provider issuing the bond

This holds you financially responsible for upholding the provisions of the Managing General Agents Act and other applicable regulations.  

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 managing general agent bond, simply pay your renewal invoice when prompted. 

We’ll begin contacting you by phone and email 90 days before the expiration date. 

More Resources

Call 1 (800) 308-4358 to talk with a Surety Expert

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