This surety bond is required by the State of Louisiana, Commissioner of Insurance, in the amount of $40,000. Surplus lines applicants must currently be licensed for property & casualty and must have held the property & casualty license for at least two years or have two years of professional experience as an employee with a property and casualty insurer. The bond ensures that the bond holder will conduct business under this license as a Surplus Lines Broker in accordance with all applicable provisions of Title 22, Revised Statutes of 1950 and any applicable rules, regulations, orders, and directives of the Louisiana Department of Insurance. In most cases, the premium on this bond is as little as $400.
To Attain a Louisiana Surplus Lines 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.