Texas Surplus Lines Agents Bond

About the bond

The Texas Department of Insurance requires the Texas Surplus Lines Agents Bond. Surplus lines agents “fill the need for coverage in the marketplace by insuring those risks that are declined by the standard underwriting and pricing processes of admitted insurance carriers.” In the State of Texas, Surplus Line Agents are required to post a surety bond as a part of the licensing process.  The Texas Surplus Lines Agents Bond must in the amount of $50,000.

The bond states that the bond holder will discharge his or her legal liability to the Texas Department of Insurance. He or she will do this in respects to collection and payment of gross premium taxes. He or she will discharge legal liability to insureds as respects the payment of any final judgement which will impose liability in response to a transaction. This will happen with insureds under a policy of surplus lines insurance under Texas Insurance Code and the rules of the Texas Department of Insurance relating to surplus lines insurance.

How do I get a Texas Surplus Lines Agents Bond?

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 application. ¹
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 Texas Surplus Lines Agents Bond 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.