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Surplus Lines Broker Bonds
A Surplus Lines Broker Bond guarantees the insurance broker will operate within the rules and regulations set fourth by the governing body. If a bonded broker were negligent, those harmed could put a claim against the bond.
Current Market
Surplus Lines Broker Bonds are a relatively small subset of the commercial surety bond industry. That means there are few programs developed specifically for this particular line of surety bonds. Therefore, the market is relatively unchanged in recent years, following the majority of the commercial surety bond market.
Special Programs
Our agency has specialty programs in all 50 states for clients with bad credit, bankruptcies, tax liens, etc. We also offer very competitive rates for standard, good credit clientele.
Recent Surplus Lines Broker Related Articles:
Insurance Surplus Lines Broker Bond State Requirements
| Bond | Required By | Bond Form Version | Application |
|---|---|---|---|
| Alabama Insurance Surplus Lines Broker Bond | Alabama Department of Insurance | FORM AL-SLB-13, $50K | APPLY NOW |
| California Bond of Surplus Line Broker Bond | State of California - Dept of Ins | LIC 447-31 (Rev 8/07) | APPLY NOW |
| California Bond of Special Lines' Surplus Line Broker Bond | Producer Licensing Bureau | LIC 447-32 (Rev 8/07) $10K | APPLY NOW |
| Florida Surplus Lines Agent Bond | Department of Financial Services State of Florida | $50K, DFS-H2-75, Revised 9/07 | APPLY NOW |
| Illinois Bond for Surplus Line Producer's License Bond | Department of Insurance | IL446-0220 (Rev. 2/05) | APPLY NOW |
| Maryland Surplus Lines Bond | Maryland Insurance Administration | $10K | APPLY NOW |
| Rhode Island Surplus Lines Broker Bond | General Treasurer of the State of Rhode Island | SS 27-3-38 | APPLY NOW |
