Minnesota Surplus Lines Agent | $50,000 Surplus Lines Agent Surety Bond
Also known as: surplus lines agent bond, surplus lines broker bond, special lines surplus broker
Type of Bond
A Minnesota Surplus Lines Agent Bond is a legal binding agreement between an individual or business and an insurance company. The agreement is often referred to as an insurance surety bond and acts as insurance for customers or clients, protecting them from potential financial loss if services or products are not adequately provided. The bond serves as an assurance of good faith by the individual or business to act according to the law and any rules, regulations, or standards within the industry.
Program
The price you'll pay for your $50,000 Surplus Lines Agent Bond is generally based on your personal credit score. Start a free online quote by just completing a simple app or by calling 888-518-8011. Our experts will walk you through a very simple process. Compare our quote as the very lowest price, and then you're good to go! It's that simple!
We provide all types of $50,000 Surplus Lines Agent Bonds. Worldwide Insurance Specialists, Inc. has "in house" underwriting authority with the largest and best Surety (Insurance) companies in the world including, Great American, Liberty Mutual, Philadelphia, Travelers, and CNA Surety. All of these surety bond companies are A-rated under the AM Best credit rating system, and T-listed with the U.S. Department of Treasury. This guarantees that by getting bonded through us, you will be provided the backing of these highly trustworthy and reliable companies.
Application
The application process for a $50,000 Surplus Lines Agent Bonds is easy! Many Bonds are INSTANT ISSUE! Easy Application, no underwriting, no credit check, no GIA required. Our NEW Desktop underwriting program provides you with a rapid approval process used to determine the degree of risk that you (the Principle) complete a project or obligation. Non-INSTANT ISSUE quotes can also get instantly approved. Submissions require very little information from you. Once you file and sign an indemnity agreement, we issue the Bond. It's that simple! We quote and issue Surety Bonds of every type and will help you through the entire process. These applications only require basic information about your business, bond type, and ownership structure. Once the application is complete, we submit to the insurance company (Surety) who will then issue your bond. Don't pay too much! Get your Bond Fast, and Easy with the best price! Click here to start the Surplus Lines Agent Bond Application process.
The Minnesota Surplus Lines Agent Bond amount is currently set at $50,000.
Obligee Information
An obligee is the entity that is requiring you to have the Surplus Lines Agent bond.
Obligee: Minnesota Department of Commerce, Director of Enforcement Investigations
Street: 85 7th Place East, Suite 500
State: Minnesota
Zip: 90025
If you or your business needs help in obtaining a surety bond or commercial insurance give us a call!