1 (800) 308-4358

Mon-Fri 7am-7pm CST

Choose Bond
Enter Info
Receive Quote

Washington

$20,000 Surplus Lines Broker Bond

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.

$200.00

1 year term

$350.00

2 year term - save $50.00!

$500.00

3 year term - save $100.00!

Want your bond emailed to you Monday, Jun. 27? Buy your bond within 71 hrs 14 min

SECURE

Backed by SSL, our online bonding process is secure. We are committed to your privacy.

BEST PRICES

We shop the top surety markets to find you the best rate.

FAST

We’ve streamlined the bonding process to make your experience as fast and easy as possible.

How much does a $20,000 surplus line broker bond cost in Washington?

Washington surplus line insurance broker surety bonds cost $200. A multi-year discount is also available. Simply click Buy Now to visit our secure bond checkout to purchase your bond online today. It only takes a few minutes to be on your way to getting bonded as a surplus line insurance broker in Washington

Bond Type
$20,000Surplus Lines Broker Bond

Why do I need this bond?

The Washington State Office of the Insurance Commission requires surplus line brokers to post a $20,000 surety bond.

Washington surplus line broker bonds ensure that principals (brokers) faithfully comply with the requirements of the Revised Code of Washington Title 48 Chapter 48.

This bond guarantees the surplus lines brokers comply with the law and protects clients from financial loss as a result of unethical business practices. If a surplus line broker conducts business unlawfully, the surety will cover the damages up to the full bond amount. The principal is responsible for paying the surety back.

What’s the fine print?

Surplus line broker bonds in Washington are continuous until canceled. The principal must pay the premium annually until the bond is canceled. The state requires surety companies to provide them with at least 30 days’ notice before canceling a bond.

How to become a surplus lines broker in Washington

To become licensed as a surplus line insurance broker, an applicant must meet the following criteria:

  • Provide proof of passing score on surplus line exam
  • Pay $205 licensing fee
  • Submit $20,000 surety bond

Ready to get started?

Call 1 (800) 308-4358 to talk with a Surety Expert

or