Not in Louisiana? Appraisal management company bonds in other states

Louisiana appraisal management company bonds.
$200 flat.

Louisiana requires every appraisal management company (AMC) to file a $20,000 bond with the Real Estate Appraisers Board — ours is $200 flat, one-time. The bond issues the moment you pay — no credit review of any kind, not even a soft pull.

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Required for your Louisiana AMC license — new applicants and renewals through the LREAB

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Fixed price, fixed amount — $20,000 bond, $200, no quote process

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Multi-year terms available — set it up once, forget it for up to 3 years

A-ratedA.M. Best carriersInstantunderwriting process1–3 yrterms available

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How it works

Three steps. One sitting.

License bonds are the simplest thing in surety. Here’s the entire process:

NOW · ONLINE

Apply online

Business details and an effective date. That’s the application — no financials, no credit section, no follow-up scavenger hunt.

MINUTES, USUALLY

Pay & e-sign

License bonds like this are among the thousands of bond types that issue right after purchase.

SAME DAY

File with your AMC license

Your executed bond arrives by email, ready to file with your LREAB appraisal management company license application or renewal. Wet-ink original mailed on request.

About this bond

What it is and who needs it.

What the AMC bond actually guarantees

An appraisal management company hires and manages independent appraisers for lenders. Louisiana regulates AMCs under the Appraisal Management Company Licensing and Regulation Act (R.S. 37:3415.1 et seq.), administered by the Louisiana Real Estate Appraisers Board (LREAB), and conditions the license on a $20,000 bond.

It is a compliance-and-payment guarantee: the bond stands behind your faithful performance of the AMC Act — including paying appraisers properly and following the Board’s rules. Under R.S. 37:3415.3(D), every applicant for an AMC license or renewal must file a corporate bond, cash bond, or other security with the Board to secure compliance with the Act.

It is not insurance for you — if a claimant (such as an unpaid appraiser) recovers against the bond, you repay the surety. The bond must stay active for the life of your license; we track it and notify you 60 and 30 days out, keeping your $20,000 filing continuous.

R.S. 37:3415.3(D) (AMC Licensing and Regulation Act)Louisiana R.S. 37:3415.3(D), part of the Appraisal Management Company Licensing and Regulation Act (R.S. 37:3415.1 et seq.), requires every applicant for an AMC license, or renewal, to file a corporate bond, cash bond, or other security — in the amount of $20,000 — with the Louisiana Real Estate Appraisers Board to secure compliance with the Act and the Board’s rules. The bond benefits claimants against the registered AMC, up to the $20,000 amount.

You need this bond if you are

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Applying for a Louisiana AMC license — the bond is filed with your application

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

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An out-of-state AMC registering to manage appraisals on Louisiana properties

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Re-registering after a lapse that requires a fresh bond on file with the Board

One application, issued instantly.

These are the actual issuing fields — no credit section, because this bond doesn’t have one.

Start the application →

FAQ

Common questions.

How much is the Louisiana AMC bond?The premium is $200, one-time — the same for every AMC. The $20,000 bond amount is set by R.S. 37:3415.3, and the price you see at checkout is the price you pay, no quote process.

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 Louisiana Real Estate Appraisers Board (LREAB), as a condition of an appraisal management company license under the AMC Licensing and Regulation Act. No active bond, no license.

Is there a credit check?The application collects no credit information — this bond has no credit section at all. Most applications approve instantly.

When does it renew?The bond must stay active for as long as you hold the AMC license. You can buy a 1, 2, or 3-year term; we send renewal notices 60 and 30 days out, with autopay available, so your license never lapses over a missed email.

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 Louisiana bonds.

Finish your AMC license checklist today.

$200 flat, no credit review, bond often issued in the same sitting. Free until issued.

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Your price$200

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