This surety bond is required by the General Treasurer of the State of Rhode Island and Providence Plantations under the provisions of Section 2 or Chapter 152 of the General Laws. The bond states that the bond holder, or Principal, shall account to any person from whom they obtained monies for payment on any premium for any insurance or reinsurance negotiated. The required bond amount is $5,000. The premium on this bond is generally as low as $100.
To Acquire a Rhode Island 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.