Idaho escrow agency bonds.
$200 flat.

Idaho requires a licensed escrow agency to file a $20,000 surety bond with the Department of Finance under the Idaho Escrow Act. Ours is $200 flat, issued instantly — with one soft credit check that never affects your score.

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Required for your Idaho escrow agency license — new applicants and renewals through the Department of Finance

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$20,000 minimum bond — the figure for agencies whose average month-end trust balance is $50,000 or less

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A quick soft credit check may apply — never a hard inquiry, no impact on your score, and the price stays $200 flat either way

A-ratedA.M. Best carriersInstantissued the moment you pay1–3 yrterms available

Trusted by industry leaders

How it works

Three steps to filed.

Your escrow license is waiting on this bond. Here's the entire process — no broker phone tag:

TODAY · ONLINE

Apply once, online

Business details, owner information, effective date. That is the application — the only extra step is a one-time consent to a soft credit pull.

RIGHT AWAY

Approved

Most are approved as soon as you apply. The credit check is a soft pull that never affects your score. If it needs a second look, one to two business days at most.

WHEN YOU PAY

E-sign & file with the Department of Finance

Pay online and receive the executed bond, ready to file with your escrow agency license application or renewal. Wet-ink originals mailed whenever the Department insists.

About this bond

What it is and who needs it.

What the bond actually guarantees

Idaho licenses escrow agencies through the Department of Finance under the Idaho Escrow Act. The bond is a consumer-protection guarantee: it stands behind your faithful handling of the escrow trust funds people place with you during a transaction.

It's a three-party arrangement: you (the principal), the surety carrier, and the State of Idaho together with anyone harmed (the protected parties). If an agency fails to abide by the Idaho Escrow Act and causes loss to a person, that person can recover against the bond up to its penal sum.

The required amount scales with your trust balance. The $20,000 bond is the entry-level figure for agencies whose average month-end escrow trust account balance is $50,000 or less; larger balances require a larger bond. Send us your figures and we'll confirm which applies.

Idaho Escrow Act (Idaho Code § 30-901 et seq.)The Idaho Escrow Act (Idaho Code § 30-901 et seq., administered by the Department of Finance) conditions an escrow agency license on a surety bond running to the Department for the benefit of persons damaged by a violation of the Act. The bond is $20,000 for agencies with an average month-end escrow trust account balance of $50,000 or less, and steps up with larger balances (to $50,000, and up to $250,000 for the largest accounts). Confirm your required amount on your application.

You need this bond if you're

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Applying for an Idaho escrow agency license — the bond is filed with your application

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Renewing your license and your bond is expiring or your surety non-renewed

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An independent escrow company handling funds outside a title agency

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Re-entering the market after a lapse and re-filing your bond with the Department of Finance

One application, issued instantly.

These are the actual underwriting fields, including a one-time consent to a soft credit pull. Submit once and your bond is issued when you pay.

Start the application →

FAQ

Common questions.

How much is the Idaho escrow agency bond?The premium is $200 flat, set by our carrier's rate book for the $20,000 bond amount. The $20,000 is the entry-level figure for agencies with an average month-end trust balance of $50,000 or less; larger balances require a larger bond, priced separately.

Do I pay the $20,000?No. You pay $200. The $20,000 is the surety's maximum liability if a valid claim is made against the bond — not a deposit, and nobody holds your money.

Who requires this bond?The Idaho Department of Finance, as a condition of an escrow agency license under the Idaho Escrow Act (Idaho Code § 30-901 et seq.). No active bond, no license.

Is there a credit check?A quick soft credit check may apply — it's never a hard inquiry and it never touches your score. It's the only extra step beyond the application, and it informs approval, not price. The price stays $200 flat either way.

When does it renew?Terms run 1, 2, or 3 years — your choice at purchase. We send renewal notices 60 and 30 days out, with autopay available, and the bond must stay active for your license to stay valid.

Which A-rated carriers underwrite these bonds?Typically Arch Insurance Company (A.M. Best A+) or Nationwide Mutual Insurance Company (A.M. Best A). Which one writes your bond depends on the bond type and your state. The carrier's name and official signature are printed on the bond you receive.

How do I contact Light RFP about this bond?Email insurance@lightrfp.com. It reaches the bond team at Light RFP Risk Management Services LLC (NY DFS License # PC-1978982). Write to us about quotes, applications, bond forms or certificates. We will respond within 24 hours.

Related bonds

Other Idaho bonds.

The Department of Finance is waiting on one document.

$200 flat, short application, bond issued when you pay. Free until issued.

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Your price$200

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