Maine surplus lines producer bonds.
$200 flat.
Maine requires every applicant for surplus lines authority to file a $20,000 bond with the Bureau of Insurance under 24-A M.R.S. §2020. Ours is $200 flat — the price you see is the checkout price, same for everyone. The bond issues the moment you pay — no credit check.
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How much does a Maine surplus lines producer bond cost?
$200 at the $20,000 amount, the same for every applicant.
Three steps. One sitting.
License bonds are the simplest thing in surety. Here's the entire process:
Apply online
Business details and an effective date. That is the application. No credit check.
Pay & e-sign
License bonds like this are among the thousands of bond types that issue right after purchase.
File with the Bureau of Insurance
Your executed bond and power of attorney arrive by email, ready to file with your surplus lines authority application. Wet-ink original mailed on request.
What it is and who needs it.
What the bond actually guarantees
A surplus lines producer places coverage with non-admitted insurers when the standard market can't write a risk. Maine conditions surplus lines authority on a $20,000 surety bond under 24-A M.R.S. §2020, filed with the Bureau of Insurance.
The bond is a fiduciary guarantee: it is conditioned on full accounting and due payment to the person entitled to it of funds coming into the producer's possession through insurance transactions under the license. The aggregate liability is at least $20,000.
It is not insurance for you — if the surety pays a valid claim, you repay the surety. The bond must stay in force until released by the superintendent or canceled by the surety on 30 days' notice, so we track it and notify you well ahead of expiration.
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 $20,000 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
File with the Bureau of Insurance. Your executed bond and power of attorney arrive by email, ready to file with your surplus lines authority application. Wet-ink original mailed on request.
What sets the price
The premium is fixed at $200 at the $20,000 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. No credit check.
Start the application →Common questions.
Other Maine bonds.
Been told you need a different amount?
Price and requirements checked on the carrier’s application, . Page updated .
Finish your surplus lines checklist today.
$200 flat, no credit check, bond often issued in the same sitting. Free until issued.