An Alabama Surplus Lines Broker Bond – Non-Resident is a a type of surety bond required by the Alabama Department of Insurance (DOI) for non-resident surplus line brokers operating in the state. The bond amount is $50,000 and the cost of the surety bond is usually between 1% and 3% of the bond amount.

How to Get an Alabama Surplus Lines Broker Bond – Non-Resident

At Surety1.com we make it easy to obtain this surety bond. Our simple, three step process is:

  1. Complete the easy to navigate and secure online application1
  2. Review the free, no obligation quote from one of Surety1’s professional surety bond agents, usually within one business day.
  3. Sign some paperwork and pay the bond premium

Once these steps have been completed, the Alabama  Surplus Lines Broker Bond – Non-Resident will be shipped to the bond applicant.
1 -The name of the applicant on the surety bond application must match exactly the full legal business name of applicant for the license. 

Surety1.com is a service of AssuredPartners one of the largest and fastest growing insurance agencies in the nation. Representing over a dozen surety bond companies, Surety1.com is the premier online provider of surety bonds nationwide since 2003.

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Who Needs This Surety Bond?

The Alabama Department of Insurance (DOI) defines a surplus lines broker as an individual, corporation, partnership, or other business entity licensed to procure certain insurance coverages, called surplus lines, that cannot be obtained from authorized insurers within the state. Any broker meeting this definition needs to be licensed by the DOI. An Alabama Surplus Lines Broker Bond – Non-Resident is one of the license requirements.

As of January 1, 2025, non-resident surplus lines brokers will need to provide the surety bond. If already licensed as a surplus lines broker, the bond will be required to renew the license.

Click Here for Information on Surplus Lines Broker Bond for Resident Brokers 

 

How to Get Your Alabama Surplus Lines Broker Bond – Non-Resident

  1. Complete an online application. It’s free and no-obligation.
  2. One of our surety experts will contact you with a firm quote and an agreement to sign.
  3. Provide payment and your signed agreement, and then you will receive your Surety Bond!

If you have any questions, please call us at 877-654-2327.

How to Get Bonded

1. Apply Online
Using our Free & Secure Application
2. Get Your Free Quote
Applications are No-Obligation
3. Get Your Bond
Most Bonds are Approved in 1-2 Business Days

Surety Bond Experts

Surety1 was founded in 2003 and helps thousands of clients find the best prices on their surety bonds. We take pride in our work so that we can give you great service. Learn more about Surety1.

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