This bond, required by State of Colorado Division of Insurance, helps ensure that the broker will conduct business within the rules and regulations of the state. Surplus lines brokers place obsequies with non-admitted carriers. The bond protects the consumer against insurance fraud on behalf of the broker. The required bond amount is set at $25,000 and the premium is generally 1% of the bond amount. Surety1 is licensed in all 50 states so can place this bond everywhere it is required. To determine the cost of this bond, complete our easy online application.
To Secure a Colorado Surplus Lines Brokers Bond:
- Complete an online application.
- One of our expert commercial surety agents will call and email you with the firm quote and an agreement to sign.
- Provide payment and your signed agreement, then you will receive your bond!
** all bonds are subject to the underwriting terms and conditions of the issuing company.