NJ managing general agent bonds.
From $100. Enter your amount.
New Jersey requires a managing general agent to be bonded for the protection of the insurers it represents, filed with the Department of Banking and Insurance under N.J.S.A. 17:22B-1 et seq. The bond is generally $25,000. Enter your required amount and your exact price, from $100, appears at the application, with one soft credit pull that never affects your score.
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Apply to filed bond.
MGA bonds run through a quick underwriting review rather than instant issue. Here is the whole thing:
Apply online
Your details, the MGA appointment, and the bond amount — plus a one-time consent to a soft credit pull. That is the application.
Reviewed & approved
An underwriter reviews the MGA appointment and amount. The soft credit pull informs approval, never the price, and never affects your score.
E-sign & file with DOBI
Pay online and receive the executed bond ready to file with the Department of Banking and Insurance. Wet-ink originals mailed whenever DOBI insists.
What it is and who needs it.
What the MGA bond actually guarantees
A managing general agent handles binding authority, underwriting, and sometimes claims on behalf of an insurer. New Jersey regulates MGAs under N.J.S.A. 17:22B-1 et seq. and conditions the relationship on a surety bond for the protection of the insurers the MGA represents.
It is a three-party arrangement: you (the principal), the surety carrier, and the State together with the represented insurers (the protected parties). If an MGA mishandles funds, misrepresents contracts, or violates New Jersey insurance law, the harmed party can recover against the bond — and if the surety pays, you repay the surety.
The bond is generally $25,000. Filing requirements and amounts can vary with the MGA relationship, so we default to $25,000 and let you enter a higher figure if your DOBI filing or appointing insurer requires one. Your price — from $100 — is set from that amount and a soft credit pull that never affects your score.
You need this bond if you are
One application, then a quick review.
These are the actual underwriting fields, including a one-time consent to a soft credit pull. Submit once and the bond is typically issued within 1–2 business days.
Start the application →Common questions.
Other New Jersey bonds.
File your MGA bond this week.
From $100. Enter your amount and file with DOBI within 1–2 business days.