Cost: $100 ( 1 Year )
To procure a surplus lines producer license, you will need to first execute a Colorado Surplus Lines Bond. In addition to the bond, there are occupational and educational requirements set forth by the Colorado Department of Regulatory Agencies Division of Insurance that must be met before you can file for a license.
Bonds Express offers a Colorado Surplus Lines Bond with a 100% approval rate. You will be required to provide a signed application with business and personal indemnity in order to get approval for a Colorado Surplus Lines Bond.
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 Colorado Surplus Lines Bond holds you accountable for your business decisions.
By possessing a Colorado Surplus Lines Bond, you are telling your Obligee that you can be trusted as a Principal and that you stand behind your business decisions.