Alabama Surplus Line Broker Surety Bond
Alabama Surplus Line Broker Surety Bond
Our price is $350 for 1 year, INSTANT PURCHASE-INSTANT ISSUE
Term Options
Renew less often, save time and money by choosing a longer bond term!
General Information
In Alabama, a Surplus Lines Broker License is required for individuals or businesses engaging in the placement of surplus lines insurance. Surplus lines insurance refers to coverage for risks that cannot be placed with insurers admitted in the state due to factors such as high risk or unique circumstances. Surplus lines brokers facilitate the placement of such coverage with non-admitted insurance carriers.Alabama Surplus Line Broker Bonds are required by the Alabama Department of Insurance. The required bond amount is $50,000.
Our price is $350 for 1 year, INSTANT PURCHASE-INSTANT ISSUE!
No underwriting or credit check required! Just complete the information below, pay by credit card or E-Check, and your bond will be issued and emailed to you in minutes.
Additional information about this corporate surety bond requirement is as follows:
Obligee - Alabama Department of Insurance
Bond Amount - $50,000
Bond Premium - $350 for 1 year
Renewal Document - None