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Texas Surplus Lines Agents Bond

Bond Requirements and Online Application

The Texas Department of Insurance requires the Texas Surplus Lines Agents Bond.

Texas Surplus Lines Agents BondSurplus 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 bond they must post is the Texas Surplus Lines Agents Bond. The Texas Surplus Lines Agents Bond must in the amount of $50,000.  he cost of this bond with Surety1 starts at $500 for the year.

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.

CLICK HERE to view a copy of the Surplus Lines Agents Surety Bond

 

How to Get Your Texas Surplus Lines Agents Bond

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 Texas Surplus Lines Agents 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

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