Who requires it
Maryland Insurance Administration — Producer Licensing
License & permit · Maryland
Maryland Title Insurance Producer Bond
Maryland title insurance producers must show $150,000 of surety protection—or a letter of credit—before the Maryland Insurance Administration issues the producer license. Insurance Article § 10-121 and MIA licensing instructions set that amount unless the Commissioner approves a lower figure in a specific case. Business-entity producers generally also maintain a separate $150,000 fidelity bond covering employees and title insurance producer independent contractors, unless an MIA waiver form applies.
Common bond amount
$150,000
Surety bond or letter of credit unless Commissioner approves a lesser amount; most business entities also need a separate $150,000 fidelity bond unless waived.
How you file
Maryland Insurance Administration title bond form or letter of credit (plus a separate fidelity bond for most firms)
Renewal
Maintain through biennial renewal; 30-day cancel notice to producer and Commissioner
Who requires it
Individual and business-entity applicants for a Maryland title insurance producer license under Insurance Article § 10-121. Qualifying Title Insurance Producer Independent Contractors may submit the TIPIC waiver in lieu of the surety when MIA’s published criteria are met. Controlling persons and trust money controllers who must hold producer licenses follow the same bonding framework for their licensed roles.
How much is required
Unless the Commissioner approves a lesser amount under § 10-121, the surety bond or letter of credit is $150,000. The statute allows the Commissioner to waive the requirement entirely only upon a finding that bonds are not generally available or reasonably affordable. The fidelity bond required of most business entities is a separate $150,000 instrument—not an increase of the surety amount.
How to get and file it
After examination or reciprocal qualification steps, have an authorized surety complete MIA’s title surety bond form for $150,000 naming the State of Maryland, or arrange an acceptable letter of credit. Business entities also obtain the $150,000 fidelity bond or file the applicable waiver affidavit. Submit the instruments with the individual or firm producer application (online or paper) to Maryland Insurance Administration Producer Licensing. File the bond or letter of credit after application approval notice and before the license issues, and keep it in force through each renewal. Sureties must give the producer and the Commissioner at least 30 days’ written notice before cancellation. Renewals require the same bond documentation as initial licensing. Expired licenses have limited windows to get back in before a full initial application is required again.
Cost note
One hundred fifty thousand dollars is the required bond or letter-of-credit amount (and the separate fidelity amount when required), not the premium you pay. See bond amount vs premium. Bond amount vs premium →
Requirement checklist
- Surety / letter of credit amount
- $150,000 unless Commissioner approves a lesser amount (Ins. Art. § 10-121)
- Fidelity (business entities)
- $150,000 blanket fidelity unless an MIA waiver affidavit applies
- Who requires it
- State of Maryland
- TIPIC path
- Qualifying independent contractors may use the TIPIC waiver in lieu of surety when eligible
- Cancellation
- At least 30 days’ written notice to the producer and the Commissioner
Official sources
Frequently asked questions
Is the fidelity bond the same as the title surety?
No. The $150,000 surety or letter of credit protects persons who lose escrow or trust money to conversion or misappropriation. The fidelity bond protects the producer’s employer and is a separate MIA requirement for most business-entity licenses.
Can the Commissioner accept less than $150,000?
Section 10-121 allows a lesser bond or letter of credit only when the Commissioner approves it and makes a specific finding stating the reason. Do not assume a reduced amount without that approval.
Related Maryland bond guides
Mortgage Lender Bond
$50,000–$750,000
Maryland licenses mortgage brokers, lenders, and servicers under a single mortgage lender framework administered by the Commissioner of Financial Regulation. Financial Institutions Article § 11-508 requires a continuous surety running to the Commissioner—between $50,000 and $750,000—for the benefit of the State and borrowers harmed by licensing-law violations. The Office of Financial Regulation publishes Maryland-only volume tiers for brokering/lending and for servicing portfolios; when both apply, the higher amount controls.
Motor Vehicle Dealer Bond
$5,000–$300,000
Maryland motor vehicle and trailer dealers must file a surety bond with the Maryland Department of Transportation Motor Vehicle Administration (MDOT MVA) after the Administration approves the application and before the license issues. Transportation Article § 15-308 sets the amount from sales history—or estimated first-year volume for first-time licensees—using separate schedules for new-vehicle dealers, used-vehicle and long-trailer dealers, and dealers limited to short or boat trailers. One bond can cover the primary location and every supplemental location licensed under the same dealer business license number.
Home Improvement Contractor Bond
$30,000 or $100,000
Maryland Home Improvement Commission contractor licensing centers on personal financial solvency, because the Home Improvement Guaranty Fund can pay homeowners when a licensee’s work is unworkmanlike, inadequate, or incomplete. Applicants who do not meet MHIC’s solvency guidelines may bring an indemnitor or post a surety on the Commission’s official bond forms—currently published at $30,000 and $100,000. Meeting solvency with personal assets, bank statements, and credit documentation can mean no bond is required.
Surety basics (not repeated here)
Universal surety concepts explained once—linked here instead of repeated on every state or bond page.
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Last verified 2026-08-11. This guide is based on verified educational content and official sources.
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