Arizona Insurance Brokers are required under ARS 20-299 of the laws of State of Arizona to file an Arizona Insurance Broker Bond in the amount of $1,000 as a condition of licensure.
Bonds Express offers an Arizona Insurance Broker Bond with a 99% approval rate.
A surety bond protects the party requesting the bond, the Obligee, against any financial losses as a result of poor financial decisions, damages, unethical decisions, or a failure to follow state and local laws on the part of you, the Principal. The Arizona Insurance Broker Bond holds you accountable for your business decisions.
By possessing an Arizona Insurance Broker Bond, you are telling your Obligee that you can be trusted as a Principal and that you stand behind your business decisions.