The Rhode Island Insurance Broker Surety Bond is required by the General Treasurer of the State of Rhode Island and Providence Plantations to be in the amount of $5,000. The bond states that the the bond holder, or Principal, shall account to any person from whom they obtained monies for payment on any premium for any insurance or reinsurance negotiated. The cost of this bond with Surety1 is as low as $100 for the year with a filled out application!