Auto Insurance Fund Producer Bond
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Auto Insurance Fund Producer Bond.Maryland Automobile Insurance Fund (MAIF) was founded by the Maryland State Legislature in 1972 and provides automobile liability insurance for Maryland residents who are unable to otherwise obtain any. An insurance producer's bond is an important step in the licensing process to become a MAIF producer
Auto Insurance Fund Producer BondDepending upon credit this bond can range from 1% to 10% and higher.
There may be an option for financing on bonds with high ratings for clients with challenged credit.
($125 minimum bond fee applies).
Auto Insurance Fund Producer BondOnce your bond is placed with us we will notify you between 30-90 days prior to renewal.
Auto Insurance Fund Producer BondNow that you've discovered your bond, the process is very simple. You can apply right online here. Once we receive your info we begin shopping your bond for the lowest rate. Once placed we eMail you the official quote
and process to move forward. You decide how you'd like your bond shipped and we'll invoice you.