Surplus Lines Broker Bond
Surplus Lines Broker Bonds are required by state for a surplus lines broker agent in order for them to have their state license. The bond guarantees that the agent will comply with the states laws and regulations; and that the agent will pay any person insured or seeking insurance with that agent who sustains a loss as a result of the agents violation or failure to comply with any insurance law or regulation of that state, or any act of fraud committed by the agent.
As a national broker with a full line of commercial surety bonds, Allstar Surety makes applying for a surplus lines broker bond easy. We’ll help your insured obtain a surplus lines broker bond from us quickly, and at a competitive price.