A Surplus Lines Broker License surety bond, or Surplus Lines Agent License surety bond, is a license and permit surety bond required by government entities to receive a license within that jurisdiction to sell surplus lines insurance related products. Surplus line broker or agent license surety bonds help ensure the surplus line agent operates according to applicable laws and properly accounts for premiums, taxes and fees collected on behalf of the surety companies they represent.
In the state of Georgia, a resident Surplus Lines Broker is required to furnish a $50,000 Surety Bond in order to obtain their license. To learn more, please visit the Georgia Office of Insurance and Safety Fire Commissioner website.
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What happens after I apply online for my Surety Bond?
Step #1: A Surety Bond underwriter will immediately review your application, if it has been fully completed.
Step #2: A friendly Surety Bond expert will reach out to you to explain your quote or request additional information.
Step #3: Once you accept your quote and pay any premium due, your Surety Bond will be issued and delivered immediately.