1. Start Your Application
2. Receive Your Free Quote
3. Buy Your Surety Bond
How Much Does an Oklahoma Abstractor’s Bond Cost?
The cost of an abstractor’s bond in Oklahoma is between $150 and $10,000. The required bond amount is between $15,000 and $100,000 depending on the county population in which the applicant wishes to do business. You can meet this requirement by purchasing the bond from a surety company. By doing so, you can pay a bond premium rather than the total bond sum.
Our surety company is authorized to sell bonds in Oklahoma, and we have proudly met our customers’ needs for over a decade. We provide bond rates from 1% to 10%. Your bond rate is based on several factors, including your financial assets, credentials and credit rating.
Applicants with all credit scores are considered, and we issue bonds to over 99% of our valued customers. If you apply for an abstractor’s bond with a 700 credit score or better, your rate will fall between 1% and 3%. The cost of a $15,000 bond in this case will be between $150 and $1,500.
Surety Bond Cost Based on Credit Score |
||||
Surety Bond Name |
Surety Bond Amount |
Over 700 |
Between 600 - 699 |
Below 599 |
Oklahoma Abstractor’s Bond |
$15,000 |
$150 - $450 |
$450 - $750 |
$750 - $1,500 |
How to Get an Oklahoma Abstractor’s Bond
1. Apply For Your Bond
Purchasing an abstractor’s bond in Oklahoma is a breeze when you choose us as your surety company. We have a fast, simple process that begins when you fill out the online application.
When our new customer, Wendy, needed an abstractor’s bond recently, she used our online application to apply. Wendy appreciated the ability to complete the application in a few minutes, and she got a bond quote quickly. After making the bond premium payment online, she had the bond she needed.
2. Review Your Bond Quote
After submitting your bond application, you will quickly receive a bond quote. Usually, applicants receive a quote from us in a few minutes. For complex applications that require additional review, bond quotes are available in 48 hours or less.
3. Buy Your Bond
The final step is to make your bond premium payment. You can conveniently do so using our online portal. Then, we will email your bond directly to you. Upon request, we are happy to mail it as well.
Our courteous bond experts are available to support you with your bond purchase. For assistance, contact us online or by phone at (877) 514-5146.
Abstractor’s Bond Requirements in Oklahoma
Under Oklahoma Statues Title 1-27, an abstractor is required to have a surety bond, personal bond or certificate of deposit to provide abstractor services. An abstractor researches property titles, liens and claims through a public records search. The bond amount required is:
County Population |
Bond Amount |
Less than 30,000 |
$15,000 |
30,000 to 59,999 |
$25,000 |
60,000 to 99,999 |
$50,000 |
100,000 or more |
$100,000 |
The bond is continuous and remains in force until it is canceled by the surety. To continue to meet the legal obligation for a surety bond, you must pay the bond premium annually. Each year before the bond premium’s due date, we will send you a reminder with updated payment instructions.
How to Get Your Title Agency License in Oklahoma
The Oklahoma Insurance Department is in charge of title agency licensing. An abstractor’s bond is required to obtain the necessary Certificate of Authority. The full list of items needed when applying for a title agency license in Oklahoma includes:
- Passing score on the title agent exam.
- Application.
- Abstractor’s Bond.
- Certificate of Authority from the Oklahoma Abstractors Board.
For additional information about the requirements for obtaining a title agency license in Oklahoma, contact:
Oklahoma Insurance Department
400 NE 50th Street
Oklahoma City, OK 73105
Phone: (405) 521-2828
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What Our Clients Have To Say?
Quick response times and turn around for issuing bonds. Great customer service and very knowledgeable. We have used Lance Surety multiple times and have never been disappointed. Highly recommend them and Collette!
Long story short, these guys cut through the B.S. and get the job done. Responsiveness, excellent! Communication, excellent! Respect for their industry partners, excellent! John, Collette, Ryan, you're all-stars! Thank you!
We decided for Lance Surety Bond's quote for 2 reasons; Price and Customer Service. Our Representative Ryan was just SUPERB!! [...] I highly recommend Lance Surety Bond for all your Bonding needs! I'll definitely come back for all of mine. :-) Thanks Ryan!
Quick response times and turn around for issuing bonds. Great customer service and very knowledgeable. We have used Lance Surety multiple times and have never been disappointed. Highly recommend them and Collette!
Long story short, these guys cut through the B.S. and get the job done. Responsiveness, excellent! Communication, excellent! Respect for their industry partners, excellent! John, Collette, Ryan, you're all-stars! Thank you!
We decided for Lance Surety Bond's quote for 2 reasons; Price and Customer Service. Our Representative Ryan was just SUPERB!! [...] I highly recommend Lance Surety Bond for all your Bonding needs! I'll definitely come back for all of mine. :-) Thanks Ryan!