1 (800) 308-4358
Mon-Fri 7am-7pm CST
  1. 1. Choose A State
  2. 2. Choose A Bond
  3. 3. Enter Your Info
  4. 4. Purchase Your Bond

Maryland $10,000 Surplus Lines Broker Bond

Want your bond tomorrow? Buy your bond now and choose overnight shipping at checkout.

Purchase your bond instantly online when you choose one of the 3 term options below. Save time and money by extending your bond term. Choosing a longer term now means you pay 25% less for your bond each year and forego the annual renewal process.

  • $100.00
    1 year term

  • $175.00
    2 year term - save $25.00!

  • $250.00
    3 year term - save $50.00!

Want your bond tomorrow? Buy your bond now and choose overnight shipping at checkout.

How much does a $10,000 surplus lines broker bond cost in Maryland?

Maryland surplus lines broker bonds are issued instantly with no underwriting for just $100. Simply click Buy Now to visit our secure bond checkout where you can buy your bond directly through our site. In just a few minutes you can be on your way to getting bonded as a surplus lines broker in Maryland.

Bond Type Bond Amount Cost
$10,000 Surplus Lines Broker Bond $10,000 $100

Why do I need this bond?

The State of Maryland Insurance Administration requires surplus lines brokers to post a $10,000 bond.

Licensed surplus lines brokers work with surplus line insurers to bring insurance coverage to clients looking for low or sub-standard risk policies. This bond guarantees the surplus lines broker’s compliance with the law and protects clients from financial loss as a result of unethical business practices.

What’s the fine print?

Surplus lines broker bonds in Maryland are continuous until canceled. The state requires surety companies to provide them with at least 30 days’ notice before canceling a bond. Nonresidents are exempt from the bond requirement.

All applicants requesting a Surplus Lines Broker Certificate of Qualification must also hold an active producer license with the Property and Casualty lines of authority at the time of application, whether it is for an initial or renewal application.

How to become a surplus lines broker in Maryland

To be approved for a Certificate of Qualification, applicants must be able to provide the following materials and information:

  • Payment in amount of $100 or $200 depending on expiration of underlying producer’s license
  • $10,000 surety bond
  • Copy of the Maryland Insurance Administration Supplement
  • Certified copy of applicant’s most recent annual statement
  • Certificate of compliance from domiciliary jurisdiction
  • Non-refundable filing fee of $1,000
  • $1,000 fraud fee assessment, made payable to Maryland Insurance Administration

Ready to get started?

Additional Resources

Maryland Insurance Administration Surplus Lines Broker Bond Form

Maryland Insurance Administration Surplus Lines Broker Licensing Instructions

Maryland Insurance Administration: Surplus Lines Brokers Licensing

Maryland Code Title 3, Subtitle 3: Surplus Lines Insurance

Overnight Shipping
50,000 Satisfied
Customers Nationwide
No Hidden Fees