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New Hampshire managing general agent bonds.
From $100.
New Hampshire regulates managing general agents under RSA 402-E, through the Insurance Department. An MGA binds and administers insurance on an insurer's behalf, and the Department requires financial security to back that authority. Enter the amount required — pricing starts from $100, with a quick soft credit check that never affects your score.
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Three steps. One sitting.
Most MGA bonds clear quickly. Enter your amount, pay, and file with the Insurance Department. Here is the whole thing:
Apply online
Your company details, the bond amount the Department requires, and the effective date — plus a one-time consent to a soft credit pull. That is the application.
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.
File with the Insurance Department
Pay online and receive the executed bond, ready to file with your MGA license application. Wet-ink originals mailed whenever the Department insists.
What it is and who needs it.
What the MGA bond actually covers
A managing general agent (MGA) is an agent given broad authority by an insurer — to bind coverage, administer business, adjust or pay claims, or appoint sub-agents. New Hampshire regulates MGAs under RSA 402-E, through the Insurance Department, which requires an MGA to have a written contract with the insurer and to meet the Department's licensing and financial-responsibility standards.
The bond is a guarantee of the MGA's faithful performance of its duties and compliance with RSA 402-E. If an MGA mishandles premium or claim funds, or violates the statute, the insurer or harmed parties can look to the bond — it stands behind the trust the insurer places in the agent.
RSA 402-E does not set one fixed statutory bond amount; the Insurance Department sets the required figure as part of licensing. It is not insurance for you — if the surety pays a claim, you repay the surety. Enter the amount on your application and your price, from $100, appears there, informed by a quick soft credit check.
You need this bond if you are
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 →Common questions.
Other New Hampshire bonds.
MGA bond, issued today.
Pricing from $100. Enter the amount the Department requires and file the same day.