Skip Navigation

Insurance Excess Lines Broker Bond

Get Started »
Rated the Best Overall surety Company 2021, 2022, 2023
Google 5-star Rating BBB A+ Accreditation

New York Insurance Excess Lines Broker Bond Information

New York Insurance Law requires a surety bond for those making application to the Superintendent of Insurance of the State of New York for a license to transact business as an Excess Line Broker in the state.

How Much Does an Excess Lines Broker Bond Cost in New York?

Insurance Excess Lines Broker Bond

$50,000 Bond

Get a Free Quote Takes 2 MinutesPrices require individual quotes. Usually from 0.5% to 3% of the bond amount

Can't find what you need?

Let our bond experts help!

Get Started »
No obligation, takes 2 minutes

If you'd prefer, call us at 1-800-608-9950

What Does an Excess Lines Broker Bond Protect Against?

The surety bond protects anyone harmed financially by a licensed insurance broker found guilty of fraudulent or dishonest practices in connection with the transaction of his or its business as an Excess Line Broker during the license period for which this surety bond is issued.