The Oklahoma Surplus Lines Broker Surety Bond is required by the Insurance Commissioner of the State of Oklahoma. This bond functions as a form of protection for the state by ensuring that the bond holder, or Principal, will conduct business in accordance with the Oklahoma Insurance Code. The bond amount required is based off of estimated gross premium on the previous year:
Estimated Gross Premium Amount of Bond Required
Based on Previous Year
$1,000,000 and above $40,000
500,000 to 999,999 35,000
250,000 to 499,999 30,000
100,000 to 249,999 25,000
75,000 to 99,999 20,000
50,000 to 74,999 15,000
25,000 to 49,999 10,000
Everything below 25,000 5,000
In order to find out the cost of the surety bond, all we need is the completed application. Surety1 has access to the best surety markets available, so we will be able to get you bonded quickly at the best possible price!
How to Get Your Oklahoma Surplus Lines Broker Bond
- Complete an online application. It’s free and no-obligation.
- One of our surety experts will contact you with a firm quote and an agreement to sign.
- 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.
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.