This bond is required by the State of Idaho under Title 41, Chapter 10 of the Idaho Code in the amount of $10,000. This bond is required of all insurance brokers operating in Idaho as a way of ensuring their compliance with licensure. To obtain this bond, the applicant must clarify if the license is for a resident or non-resident broker. In most cases, the premium on this bond as little as $100.
To Attain an Idaho Insurance Broker 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.