This surety bond is required by the Texas Department of Insurance under the Texas Department of Insurance Code 981.202. The bond states that the bondholder shall discharge his legal liability to the Texas Department of Insurance as respects collection and payment of gross premium taxes and shall discharge his legal liability to insureds as respects the payment of any final judgment which shall impose liability in response to a transaction with insureds under a policy of surplus lines insurance under Texas Insurance Code Chapter 981 and the rules of the Texas Department of Insurance relating to Surplus lines insurance. The required bond amount is $50,000. Typically, the premium on this bond is as little as $500.
To Acquire a Texas Surplus Lines Agents 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.