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Surplus Lines Broker Bonds

Definition: A finance license bond that guarantees surplus lines brokers will follow the rules of their respective states. This bond is needed for brokers and agents to get a license to operate legally.

Get a Surplus Lines Agent Bond Online

FAQ

  • How much will a surplus lines broker bond cost?

  • It is a portion of the bond amount. The cost will vary depending on your specific bond needs. We need more information from you to give you an idea of costs because there are thousands of different bond requirements. You can get a range of prices or you can apply on our website and get a precise cost online.

  • What is the process?

  • Apply, get approved online, sign the indemnity agreement, pay on our website and we will ship your bond to you.

  • Is a bond needed for each broker or one for the entire agency?

  • It depends on the state. Some states require brokers to obtain bonds individually, while others exempt brokers who operate on behalf of a bonded surplus lines broker business from the bond requirement. View our state requirement list below to find the bond requirements of the state in which you operate. If it isn't listed, contact the state directly to determine their requirements as they may have changed.

  • What are the licensing requirements to become a surplus lines broker?

  • Requirements are different from state to state. You will need to check with your state's insurance department to see what is needed to obtain a surplus lines broker license. A list of known surety bond requirements can be found below, along with the contact information of each regulating body.

  • Where can I get a surplus lines broker bond form?

  • We have the forms on file listed below. If you do not see your bond, you need to get it from the obligee.

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Surplus Lines Broker Bond State Requirements

SELECT A BOND TYPE BELOW TO APPLY

Filter by state
BOND REQUIRED BY BOND FORM VERSION APPLICATION
BOND REQUIRED BY BOND FORM VERSION
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
Ohio Ohio Specific Surplus Lines Broker Bond Bond Ohio Department of Insurance INS3222 (Rev. 01/2011) APPLY NOW
Rhode Island Surplus Lines Broker Bond General Treasurer of the State of Rhode Island SS 27-3-38 APPLY NOW


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