Texas Cooperative Inspection Agreement Bond Guide
A Texas cooperative inspection agreement bond is required for business owners requesting services from the Texas Cooperative Inspection Program (TCIP).
The bond is a financial guarantee that applicants will pay all costs and fees for the inspection and grading services provided.
How Much Do Cooperative Inspection Agreement Bonds Cost?
Texas cooperative inspection agreement bonds cost a small percentage of the required coverage amount, typically 1–10%.
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 easiest way to get a Texas cooperative inspection agreement 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 mail you the bond via your preferred shipping method. Be sure to file it with the Cooperative Inspection Program as instructed.
If you have any questions, call our friendly surety experts at 1 (800) 308-4358 for assistance.
How Does a Texas Cooperative Inspection Agreement Bond Work?
A cooperative inspection agreement bond creates a legal contract between these three parties:
- Principal: You, the business owner filing the bond
- Obligee: The Cooperative Inspection Program requiring the bond
- Surety: The provider issuing the bond
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 cooperative inspection agreement bond, simply pay your renewal invoice when prompted.
We’ll begin contacting you by phone and email 90 days before the expiration date.