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Fidelity Coverage for Georgia Community Association Managers

If your Georgia brokerage provides community-association management and handles association money, check whether the $60,000 exception applies and build the quote around each association’s peak funds, assessments and required reserves. The rule requires a separate bond or policy for each association unless the Commission accepts alternate coverage; it does not set a general fidelity-bond mandate for Georgia businesses. 1,2

What Is Fidelity Bonds?

Fidelity coverage can reimburse certain losses when employees steal money or property they handle. If employees manage company funds, customer property or benefit-plan assets, identify each owner and compare the required protection for each interest. Read the national Fidelity bonds guide.

Georgia Requirements

RequirementDetails
When the rule appliesA broker providing community-association management and handling association funds must maintain fidelity coverage unless the broker never handles more than $60,000 in those funds. 1
Amount and structureCoverage must track the maximum funds handled and cannot fall below three months of assessments plus required reserves; a separate policy is required for each association unless the Commission accepts an alternative. 1

What to Watch for in Georgia

  • Model each association’s money separately

    The Georgia rule measures maximum funds the broker collects, maintains, controls, can access or disburses, with a floor based on three months of assessments plus required reserves. Give the broker both the highest balance and the reserve requirement for every managed association; a low average balance does not answer the rule’s maximum-funds test. 1

  • Check the association’s status on the evidence

    The association must be named as an additional named insured, and the bond or policy must cover the broker, partners, officers, licensed affiliates and employees. Ask for the association-specific certificate and verify the people with system access are included; a general certificate for the management company alone may not show those details. 1

  • Confirm the notice and any pooled alternative

    The rule calls for 30 days’ advance written notice of cancellation, substantial modification or nonrenewal, reduced to at least 10 days for nonpayment. A separate bond or policy is the default, while alternate fidelity coverage requires Commission acceptance—do not treat a master policy as automatically satisfying each association’s requirement. 1

Who Regulates Insurance in Georgia

Georgia Office of Commissioner of Insurance and Safety Fire

Georgia’s elected Insurance and Safety Fire Commissioner licenses and regulates insurance companies and insurance professionals, investigates insurance fraud, and oversees consumer complaint services. The Office’s state license lookup covers agents, agencies, and companies. 3,4,5

Surplus-lines tax and stamping office

Reported tax rate: 4% of total premium when Georgia is the home state Georgia charges 4% on the total premium written and received by a surplus-lines broker when Georgia is the insured’s home state. Current fee treatment is not described here because the Department’s latest fee bulletin could not be retrieved as readable text; ask your broker for the policy-declaration and tax breakdown. This record does not state a Georgia-specific guaranty-fund conclusion. 6

Providers With Documented State Licenses

These providers publish a national listing for Fidelity bonds; the state records document licenses for the entities and roles shown below. Some records rely on company-reported information rather than independent regulator verification. A national listing does not confirm the product is available in Georgia. Check the regulator’s license lookup and confirm state availability for your business when requesting a quote.

  • TechInsuranceSpecialty Program Group LLCInsurance producer · checked 2026-09-28TechInsurance’s current licensing page names Specialty Program Group LLC / SPG Insurance Solutions and lists state license numbers, but labels Rhode Island “Individual licenses” rather than identifying a license for the named agency. RI is omitted because this disclosure does not establish agency authority there; this is a search limitation, not an assertion that the company is unlicensed. The remaining state entries are company-reported and are not an insurance product availability map. 12
  • VouchVouch Specialty Insurance Services, LLCInsurance producer · checked 2026-09-28Vouch’s licenses page, effective January 16, 2025, lists producer licenses in all 50 states and DC. Its separate surplus-lines table includes Idaho number 870820, while a footnote says Georgia and Idaho do not issue agency-level surplus-lines licenses. Because those statements conflict for Idaho, this record keeps Idaho producer-only and does not treat the table number as established agency surplus-lines authority. The page is company-reported and does not establish product availability. 13

Questions to Ask Before You Buy in Georgia

  1. Does the broker handle more than $60,000 of association money at any time, and how was that aggregate measured?
  2. What is each association’s peak fund balance, three-month assessment amount and required reserve?
  3. Will each association be a named insured, and who receives cancellation or nonrenewal notice?

Fidelity Bonds in Georgia: FAQ

Does Georgia require every business to buy a fidelity bond? 1,2

No. This cited rule is limited to brokers providing community-association management who handle association funds, subject to the stated $60,000 exception. It is not a statewide mandate for ordinary employers. 1,2

Can a manager use one policy for every association? 1

The rule calls for a separate bond or policy for each association unless the Commission accepts alternate coverage. Confirm acceptance and named-insured status rather than assuming a blanket policy works. 1

Fidelity Bonds in Other States

Other Coverage in Georgia

Sources

  1. Georgia Real Estate Commission Rule 520-1-.07(3). Georgia Secretary of State, Rules and Regulations; Current official 2026 compilation, pp. 53–54; filed rules current through Sept. 2, 2026 per SOS portal. Accessed 2026-09-28.
  2. Georgia Real Estate Commission Firm Opening Application. Georgia Real Estate Commission; Form GREC OPEN A FIRM 01.2021, p. 3, fidelity-bond section; supplementary regulator filing form. Accessed 2026-09-28.
  3. Office of Commissioner of Insurance and Safety Fire. Georgia Office of Commissioner of Insurance and Safety Fire; Official homepage; regulator role, elected commissioner, complaint and license lookup links. Accessed 2026-09-28.
  4. Agents, Agencies and Licensing. Georgia Office of Commissioner of Insurance and Safety Fire; Official state license lookup for agents, agencies, and companies. Accessed 2026-09-28.
  5. Report Complaints & Fraud. Georgia Office of Commissioner of Insurance and Safety Fire; Consumer Services complaint instructions and official complaint portal. Accessed 2026-09-28.
  6. Non-Admitted Insurance: Premium Tax FAQs. Georgia Office of Commissioner of Insurance and Safety Fire; 4% applies to total broker-written and received premium when GA is home state. Accessed 2026-09-28.
  7. Licenses. At-Bay; Current producer introduction and state table; At-Bay Insurance Services LLC; P&C and surplus-lines identifiers. Accessed 2026-09-21.
  8. Licenses and Carriers. Coalition; Licenses and Carriers, re-read 22 September 2026: Insurance Licenses table for Coalition Insurance Solutions, Inc., national producer number 18419475, with producer and surplus-lines numbers for all 50 states and DC including California 0L76155, Georgia 196479, Texas 2199630 and 2205589, Pennsylvania 815731 and 817452, Colorado 539028 and Wisconsin 3000108852. Insurance Carriers table naming, with NAIC numbers, Allianz Underwriters Insurance Company 36420, Arch Specialty Insurance Company 21199, Ascot Specialty Insurance Company 45055, Ascot Insurance Company 23752, Aspen Specialty Insurance Company 10717, Chaucer Insurance Company DAC, Coalition Insurance Company 29530, Fireman's Fund Indemnity Corporation 11380, Fortegra Specialty Insurance Company 16823, Lloyd's of London, MSIG Specialty Insurance USA Inc. 34886, MS Transverse Specialty Insurance Company 41807, Steadfast Insurance Company 26387, Vantage Risk Specialty Insurance Company 16275 and Zurich American Insurance Company 16535. Accessed 2026-09-22.
  9. Insurance Producer Licenses. Corgi Insurance; Current complete Insurance Producer Licenses table for Corgi Insurance Services, Inc.; 50 rows covering 49 states and DC (DC 3003091619); no New Mexico row; no NPN or as-of date shown. Accessed 2026-09-28.
  10. About Hiscox US Insurance. Hiscox; Hiscox Insurance Company Inc. NAIC 10200 as Chicago, IL domiciled insurer admitted or licensed in all 50 states and D.C.; Hiscox Inc. as general agent and Lloyd’s coverholder for Syndicates 33 and 3624; surplus-lines placements through licensed surplus-lines brokers; A.M. Best rating statement. Accessed 2026-09-16.
  11. Licenses. ERGO NEXT Insurance; Current entity-by-state license table reopened 28 September 2026: 50 rows under Next First Insurance Agency, Inc., including Washington, DC; New York rows instead list Next Insurance Services PC-1423070 and AP Intego BR-1198885. Accessed 2026-09-28.
  12. Insurance Licenses by State. TechInsurance; Current state table; identifies TechInsurance as a division of Specialty Program Group LLC d/b/a SPG Insurance Solutions; lists DC 3000041536 and labels Rhode Island “Individual licenses,” without an agency license number. Accessed 2026-09-28.
  13. Licenses. Vouch; Effective 16 January 2025: Vouch Specialty Insurance Services, LLC, NPN 19926463; P&C table (50 states and DC); surplus-lines table includes Idaho 870820; footnote says Georgia and Idaho do not issue agency-level surplus-lines licenses; Idaho retained as producer-only due to conflict. Accessed 2026-09-15.

Updated .

This guide is informational and does not determine whether a policy is available or meets your needs. Editorial policy. To suggest a correction, contact Spot with a supporting source.

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