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Maryland Surplus Lines Producer Bond

Maryland Surplus Lines Producer Bond

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Who Requires the Surplus Lines Producer Bond and Why Is It Needed?

Surplus Lines Producers in Maryland who have applied for a license or are currently licensed in the state must post a surety bond called a Surplus Lines Bond with the Insurance Commissioner of the State of Maryland. The primary purpose of this surety bond is to ensure that the Surplus Lines Producer conducts business in accordance with the provisions of the Insurance Laws of Maryland and the bonded principal remits taxes in accordance with Section 324 of the Insurance Laws of Maryland.

How Much Will My Surety Bond Cost?

Surety Bonds Direct offers Maryland Surplus Lines Producer Bonds completely online without a credit check or any paperwork at exceptionally low prices. Going direct is that easy!




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