Surplus Lines Broker Bonds
What is a Surplus Lines Broker Bond?
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 competive rates for standard, good credit clientel.
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