Underwritten Title Company Bond

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Bond Description

Effective July 1, 2016, California Assembly Bill 704 requires California Underwritten title companies that engage in escrow business or acts as escrow agents must now post a California Underwritten Title Company Bond or a cash deposit.

The $50,000 or $100,000 California Underwritten Title Company bond amount will be based on the number of documents recorded/filed in all counties the preceding year and the underwritten title company’s net worth.

Bond AmountCostTermApply Now
$50,000$500.001 YearSTART APPLICATION
$100,000$1000.001 YearSTART APPLICATION

Bond Details

Requiring Entity
State of California
Underwriting Criteria
Credit Check Required
Premium Rate(s)
$50,000 Bond 1 Year - $500* $100,000 Bond 1 Year - $1,000*

For qualified applicant based on underwriting and personal credit score.

Who is Required to Secure this Bond

California Underwritten title companies that engage in escrow business or acts as escrow agents must now post a California Underwritten Title Company Bond or a cash deposit.