The South Carolina Premium Service Company Bond is required by the South Carolina Department of Insurance. The bond is required to be in the amount of $50,000. The bond states that the bondholder, or Principal, will perform in accordance with all provisions and requirements of Chapter 39 of Title 38, 1976 Code of Laws of South Carolina.
Please refer to the list below for all the requirements that must be submitted when applying for the license. Note that the application is done through the NIPR website.
- Certificate of Existence
- Financial statements for the last 2 years
- Rates and Forms – Premium Service Agreement, Notices, Maximum Rate Schedule
How do I obtain a South Carolina Premium Service Company Bond?
Complete our easy to navigate online application. Within one business day, one of our licensed agents will contact you with a no-obligation quote for your bond (the “premium”). Once any necessary paperwork is signed and the premium payment is processed, your surety bond will be shipped to you via USPS Priority Mail (overnight shipping options also available).
The surety bond experts at Surety1 are here to help you get bonded quickly and reliably. We work with over a dozen “A” rated surety markets to ensure we find you the lowest rate for your bond. We are also licensed in all 50 states and maintain an A+ rating by the Better Business Bureau.