The $10,000 California special surplus lines broker bond is a requirement of the Department of Insurance. The bond is issued to you within minutes for a $100 annual premium. Please call AmeriPro Surety Bonds: 844-589-9732.
California Special Surplus Lines Broker Bond
AmeriPro Surety Bonds |844-589-9732
Licensing of Special Surplus Lines Brokers
The California Department of Insurance is the licensing and regulatory body of California special surplus lines brokers.
According to the Department, special surplus lines brokers place insurance for non-admitted insurance for:
- Aircrafts;
- Railroads in interstate commerce;
- And insurance against perils of navigation.
A condition of licensing is that you obtain a $10,000 surety bond.
Our agency also offers the $50,000 CA surplus lines broker bond.
Qualifying and the Premium
You are automatically approved for the $10,000 California special surplus lines broker bond. There is no credit check and the premium is $100 annually.
When you call us, we’ll just ask you the following: The name as it should appear on your surety bond. And, we’ll need your address, email and phone number.
After payment of the premium your bond will be issued to you immediately. It is the original documents that you’ll file.
Included with your surety bond will be a notarized jurat and a Power of Attorney form. Upon receipt by mail, you’ll sign your bond as Principal and file all received documents to:
State of California
Producer Licensing Bureau
P.O. Box 1139
Sacramento, CA 95812-1139
Premium Prepayment Options
At $100, your $10,000 special surplus lines broker bond will renew on the anniversary of its issuance. You also have the option to prepay your bond premium up to 3 years, which will save you over annual renewals.
The premium prepayment option and savings are as follows:
- If prepaid for 2 years, the premium is $180, a $20 savings;
- If prepaid for 3 years, the premium is $260, a $40 savings.
Purpose of Your Surety Bond Requirement
Your special surplus lines broker bond is a financial guarantee that you will — and this includes your employees – account for any premiums and money received in connection with your business operations.
About Us
AmeriPro Surety Bonds is a surety bonds-only agency. We provide license and permit, court, and probate surety bonds in all 50 states and the District of Columbia.
Please call our agency today at:
844-589-9732
Or, you may fill out the form below and a Surety Agent will contact you…
