Escrow License Bond

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Escrow License Bond:

In the terminology of the escrow industry, all escrow agents performing escrow services in California are either “licensed” or “controlled” escrow companies.  A “licensed” escrow company, which is also known as an “independent” escrow company, is licensed by the Department of Business Oversight. This license can only be obtained after the escrow company has met and satisfied all of the licensing requirements set forth by the Escrow Law, which are enforced by the Department of Business Oversight.

Each escrow agent is required to maintain a surety bond at all times. The amount of the surety bond required by DBO may be $25,000 to $100,000 depending on the average trust liability. The surety bond amount is increased by $5,000 for each additional licensed location.

Get a free no Obligation Escrow License Bond quote in minutes call us at (562) 916-3214 today.

SER Insurance Agency has been providing best rates on Low Cost Surety Bonds and Low Cost Fidelity Bonds in California. For Cheap rates on Escrow License Bond near Anaheim, Artesia, Bellflower, Bell, Bell Gardens, Buena Park, Carson, Compton, Cerritos, Cudahy, Cypress, Downey, Lynwood, Lawndale, Lakewood, Hawaiian Gardens, Hawthorne, Hemet, Garden Grove, Paramount, Pico Rivera, Santa Fe Springs, Santee, South Gate, San Jacinto, Laguna Beach, Laguna Hills, Torrance, San Diego, Long Beach, Signal Hills, Sacramento, San Francisco, Chico, Santa Ana, Los Angeles, Redding, Oakland, San Jose, Bakersfield call us today (562)