Virginia Title Settlement Agent Bond (CRESPA)
Virginia Title Settlement Agent Bond (CRESPA)
We write $200,000 CRESPA Bonds in Virginia.
Our GOOD CREDIT price is $1,000.
Click for a No Obligation Quote
Virginia CRESPA or Settlement Agent Bonds are required by the Commonwealth of Virginia Commissioner of Insurance. The required surety bond amount is $200,000. The Settlement Agent must also post a blanket fidelity bond or employee dishonesty policy with at least $100,000 in coverage. We are a market for the fidelity bond as well.
Most applicants with good credit will qualify for rate indicated. In order to receive your specific quote, we must review your qualifications to determine the lowest possible price. If you have already been declined or nonrenewed by another Surety Company, chances are you will not qualify for this preferred rate.
We have various sureties willing to write bonds for applicants with less than perfect credit, including a special program with very competitive prices for those with just a few credit blemishes.
We find the best possible price for your surety bond given your particular qualifications.
Additional information about this corporate surety bond requirement is as follows:
Obligee - Commonwealth of Virginia Commissioner of Insurance
Bond Amount - $200,000
Bond Premium - $1,000
Renewal Document - None.