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Arkansas Surplus Lines Broker Bond

The Arkansas surplus lines broker bond is a $50,000 surety bond which will cost you just $500 annually. Please call AmeriPro Surety Bonds at 844-589-9732.

Arkansas Surplus Lines Broker Bond

AmeriPro Surety Bonds | 844-589-9732

 

 

 

Surplus Lines Brokers License – Arkansas

 

 

 

Surplus lines brokers and businesses, licensed and regulated by the Arkansas Department of Insurance, are required to provide evidence of a $50,000 surety bond as a condition of licensing.

Meeting the surety bond requirement with our agency will be the easiest and shortest portion of your licensing process. We provide this bond for both new and renewal applicants.

 

 

 

Qualifying and the Premium

 

 

 

The $50,000 Arkansas surplus lines broker bond is issued to you immediately after completing an application — which we’ll take from you over the phone — and payment of the premium of $500.

There is no credit check nor underwriting review for the surplus lines broker bond; you are automatically approved.

Once the surety bond has been issued, a copy can be emailed to you for no additional charge. The original bond which you will sign as Principal, and which has our signature as Surety, will be sent to you by the following business day.

It is the original bond that you should ideally file with the Arkansas Department of Insurance.

 

 

 

Additional Premium Payment Options

 

 

 

At $500 premium, the Arkansas surplus lines broker bond is issued to you with a one year term. Thereafter your surety bond and the premium renew.

At your discretion, you have the option to prepay this bond for up to 3 years. Prepayment of the premium lengthens the time between renewal; you also have a savings over renewing your bond annually.

The premium prepayment options and savings are as follows:

  • If prepaid for 2 years, the premium is $900, a $100 savings;
  • If prepaid for 3 years, the premium is $1300, a $200 savings.

 

 

 

Purpose of Your Bond

 

 

 

As stated in the wording of your surety bond, the surplus lines broker bond is a financial guarantee that you will be in compliance all laws and amendments as it relates to your profession as found in the Insurance Code.

 

 

 

About Us

 

 

 

AmeriPro Surety Bonds is a surety bonds-only agency. We provide license and permit bonds throughout Arkansas. We also provide surety bonds nationwide.

Please call us today at:

 

 

 

844-589-9732

 

 

 

Or, you may fill out the form below and an agent will contact you…

 

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AmeriPro Surety Bonds

Our focus is exclusively surety bonds. We have two areas of concentration: YOU, our customer; and providing you with the surety bond that you need. Whether the bond is an "instant issue"; is for a contractor; a court bond; or one for a client with lower credit scores, AmeriPro Surety Bonds dedicates itself to providing our customers with a seamless, professional, and quick surety bond experience.

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