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California Surplus Line Broker Bond

How much does a surplus line broker bond cost in California?

The California Producer Licensing Bureau requires surplus lines brokers to post $50,000 surety bonds. Special lines surplus lines brokers must post $10,000 bonds.

SuretyBonds.com issues $50,000 surplus line broker bonds for just $500, and bonds for special lines brokers can be issued for just $100. There’s no credit check required, so everyone qualifies instantly. Get bonded now!

Bond Type Bond Amount Cost*
$50,000 Surplus Line Broker Bond $50,000 $500 Buy Now
$50,000 Special Lines Surplus Line Broker $50,000 $100 Buy Now
*The bond premium rate quotes provided to you through this website are for pricing comparisons and quotation estimate purposes only. The bond rate quotes provided are based on general assumptions that may or may not be applicable to you and are subject to change at any time. These rate quotes do not constitute an offer of insurance, nor is any contract, agreement, or bond coverage implied, formed or bound by the provision of rate quotes. Bondability, final bond premium rate quotes and an offer of insurance, if any, will be determined by the insurance company providing your bond. You must contact us directly to obtain a quote for binding purposes.

5 minutes is all it takes to get bonded when you work with the experts at SuretyBonds.com! Call 1 (800) 308-4358 or click here to purchase your bond now.

Why do I need this bond?

California surplus line broker bonds ensure that principals (brokers) faithfully comply with the requirements of Chapter 6, Part 2, Division 1 of the Insurance Code of California and all other application provisions.

Special lines surplus lines broker bonds in California ensure that principals (brokers) hold a special lines’ surplus line broker’s license issued by the Insurance Commissioner of the State of California and account for and handle all monies paid to him/her for insurance services appropriately.

If the principal fails to comply with these terms, both bonds protect harmed parties from financial loss up to the full amount of the bond.

Ready to purchase your California surplus line broker bond? Connect with our team of surety bond experts now!

What’s the fine print?

Bonds for surplus line brokers and special lines brokers in California remain in full force and effect until the surety cancels the bond or the surety is released from further liability by the commissioner. The surety can cancel the bond by giving written notice of cancellation to the commissioner 30 days prior to the effective termination date.

How to become a surplus line broker in California

Surplus line brokers in California must obtain a license before they can begin work. The process to apply for a surplus line broker license is as follows:

  • complete pre-licensing education requirements (24 hours)
  • pass Property and Casualty Broker-Agent exams prior to submitting license application
  • submit an online license application through FLASH (Fast Licensing Application Service is Here)
  • pay $154 application fee
  • provide live scan fingerprint impressions
  • and more

To renew your license, you must fulfill the continuing education requirements (24 hours) for each 2-year license period.

Take the first step toward becoming licensed in California by purchasing the surety bond you need instantly without a credit check!

Ready to get started?

Get a FREE Surplus Line Broker Bond Quote Today!

Additional Resources

State of California Bond of Surplus Line Broker form

California Department of Insurance Surplus Line Broker Frequently Asked Questions

California Department of Insurance FLASH Application

State of California Bond of Special Lines’ Surplus Line Broker form

California Department of Insurance Special Lines’ Surplus Line Broker

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