Insurance Brokers operating in the State of Idaho are required by the Idaho Department of Insurance to execute an Idaho Insurance Broker Bond to ensure compliance with licensure.
Bonds Express offers an Idaho 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 Idaho Insurance Broker Bond holds you accountable for your business decisions.
By possessing an Idaho Insurance Broker Bond, you are telling your Obligee that you can be trusted as a Principal and that you stand behind your business decisions.