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Surplus Lines Agent Surety Bond

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Surplus Lines Agent Surety Bond

What is a Surplus Lines Agent Surety Bond?

A Surplus Lines Agent Surety Bond is required of insurance agents who are licensed to sell surplus lines insurance.  The Surplus Lines Agent Surety Bond ensures that surplus lines agents abide by state-specific statutes which regulate the industry.

What is the current market for a Surplus Lines Agent Surety Bond?

Surplus Lines Agent Surety Bonds are widely written by multiple surety bond markets.  The respective minimum and maximum bond amounts for the Surplus Lines Agent Surety Bond vary by state and may differ.  Terms of approval and premium are largely determined by the financial condition of the surplus lines agent's personal net worth, experience, and the needed bond amount.

How do I apply for a Surplus Lines Agent Bond?

  1. Start by filling out our Surplus Lines Agent Surety Bond Application by clicking here; and
  2. Email or fax the information to submissions@dblsurety.com or 888.204.8716.

Please note that additional underwriting information may be needed depending on bond request, information submitted, and to obtain the lowest possible rate.

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By Bart Leek

 
 
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DBL Surety, LLC 1500 Beville Rd. Ste. 606 #311 FL 32114
Ph: 386.316.2547 | Fax: 888.204.8716