If you are engaged as a Surplus Lines Agent in the State of Florida, you are required by the Florida Department of Financial Services to execute a Florida Surplus Lines Broker Bond in the amount of $50,000 to ensure compliance with the provisions found in the Surplus Lines Laws, Part VI of Chapter 626, Section 626.913 through 626.937 of the Florida Statutes.
Bonds Express offers a Florida Surplus Lines 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 Florida Surplus Lines Broker Bond holds you accountable for your business decisions.
By possessing a Florida Surplus Lines Broker Bond, you are telling your Obligee that you can be trusted as a Principal and that you stand behind your business decisions.