Georgia surplus lines broker bonds.
$500 flat.
Georgia will not license a surplus lines broker until a $50,000 surety bond is on file with the Commissioner of Insurance and Safety Fire — the penal sum is written into O.C.G.A. § 33-23-37, so it is the same for every broker in the state. Ours is $500 flat, the price you see is the checkout price, and it issues the moment you pay.
Trusted by industry leaders
How much does a Georgia surplus lines broker bond cost?
$500 at the $50,000 amount, the same for every applicant.
Three steps. One sitting.
The exam and the license application take real time. The bond does not:
Apply online
Business details, your county, an effective date, and a term. That is the application. No credit check.
Pay & e-sign
This bond is checkout-priced at $500 flat, so it issues the moment you pay — your executed bond and power of attorney generate on the spot.
Upload with your license application
Your bond arrives by email, ready to upload with the surplus lines broker application through NIPR or Sircon. Wet-ink original mailed on request.
What it is and who needs it.
What the bond actually guarantees
A surplus lines broker is the licensee Georgia lets place coverage with insurers that are not admitted in the state — the risks no admitted carrier will write. Because that broker handles other people’s premium money and owes the state a tax on it, O.C.G.A. § 33-23-37 makes a bond part of the license itself. It is executed by the applicant as principal and by a corporate surety authorized to do business in Georgia, in the penal sum of $50,000, for the benefit of any person injured by a violation of its conditions.
The statute spells the conditions out, and they are worth reading as the actual scope of what you are guaranteeing: that you will place insurance only in compliance with O.C.G.A. § 33-5-25; that you will promptly remit the taxes provided in O.C.G.A. § 33-5-31 — the 4% surplus lines premium tax, paid with the quarterly affidavit due on the fifteenth of April, July, October, and January; that you will account to any person requesting insurance for funds or premiums collected in connection with it; and that you will otherwise conduct business in accordance with Title 33. The tax obligation is the one that most often turns into a claim.
Two timing details decide whether your license stays clean. First, the bond cannot be terminated unless 30 days’ written notice is filed with the Commissioner beforehand — cancellation is a regulator-visible event, not a quiet one between you and the carrier. Second, the license is issued on a biennial basis and expires on the last day of your birth month, so the bond has to outlive a renewal cycle that does not line up with a calendar year. We track the term and send renewal notices 60 and 30 days out. It is not insurance for you — if the surety pays a claim, you repay the surety.
You need this bond if you’re
Claims, renewal, filing, and what sets the price.
If a claim is made
A claim comes from the party the bond protects, the obligee named on the form, when the duty the bond guarantees is not met.
The surety investigates and pays a valid claim, up to the $50,000 bond amount. You then repay the surety: a surety bond is a guarantee of your performance, not insurance for you.
Renewal and term
The premium covers a one-year term from the effective date you choose; a longer term is the same price per year, chosen at checkout.
Renew before the expiry date to keep the bond in force: the license, permit or contract it backs expects continuous coverage.
How to file it
Upload with your license application. Your bond arrives by email, ready to upload with the surplus lines broker application through NIPR or Sircon. Wet-ink original mailed on request.
What sets the price
The premium is fixed at $500 at the $50,000 amount for every applicant: the carrier’s rate book prices this bond by the form, not by your credit or your business profile.
No credit check.
One application, issued instantly.
These are the actual issuing fields — business details, your county, an effective date, and a term. That is the entire application.
Start the application →Common questions.
Other Georgia bonds.
The same bond in nearby states.
Been told you need a different amount?
Price and requirements checked on the carrier’s application, . Page updated .
Get the $50,000 filing off your license checklist.
$500 flat, issued the moment you pay, no credit check. Free until issued.