Maryland Natural Gas Broker Bond
AmeriPro Surety Bonds | 844-589-9732
Surety Bond of MD Natural Gas Brokers; Purpose
Natural gas brokers and/or aggregators are licensed and regulated by the Public Service Commission Department.
A condition of licensing is that you obtain a $10,000 surety bond. The surety bond serves as a financial guarantee that you will act in a professional capacity consistent with all rules and regulations of the Commission, as amended.
Qualifying and the Premium
Our agency automatically approves your for the $10,000 Maryland natural gas broker bond. This is because we offer this surety bond without a credit check inquiry or underwriter review; the premium is $100, annually.
When you call our agency, we’ll just ask you the following:
The name that you want on your surety bond, along with your contact information.
After payment of at least the first annual premium of $100, our agency issues your bond to you immediately. Included with your surety bond will be a Power of Attorney form.
Before mailing, our agency signs your bond as Surety; upon receipt, you’ll sign your surety bond as Principal.
You’ll then file all surety bond related documents to:
State of Maryland
Public Service Commission
William Donald Schaefer Tower
6 St. Paul Street, 16th Floor
Baltimore, MD 21202
Premium Prepayment Options
Your Maryland natural gas broker/aggregator bond may be prepaid for 2 or 3 years (even longer, if you request it)
Besides lengthening the time between renewals, you also have a savings over annual renewal:
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.
AmeriPro Surety Bonds is a surety bonds-only agency. We provide license and permit, Court, probate, and other surety bonds in Maryland and all 50 states.
Please call our agency today at:
Or, you may fill out the form below and a Surety Agent will contact you…