Ohio surplus line broker bonds.
$250 flat.
Ohio requires every licensed surplus line broker to file a $25,000 surety bond with the Department of Insurance. Ours is $250 flat — the price you see is the checkout price, the same for every broker. The bond issues the moment you pay — no credit check.
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How much does an Ohio surplus line broker bond cost?
$250 at the $25,000 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 your license
Your executed bond and power of attorney arrive by email, ready to file with your Department of Insurance license application or renewal. Wet-ink original mailed on request.
What it is and who needs it.
What the bond actually guarantees
A surplus line broker places coverage with insurers not licensed in Ohio — the non-admitted market — for risks the standard market won't write. Ohio conditions that license on a $25,000 surety bond filed with the Department of Insurance.
It's a three-party arrangement: you (the principal), the surety carrier, and the State of Ohio (the obligee). The bond guarantees your full and faithful compliance with Ohio's surplus lines law — including the duty to properly remit the surplus lines tax you collect — and the public and the state can recover against it if you fail.
The bond must stay active for the life of your license. Let it lapse and your surplus line broker license is at risk — so we track it and notify you 60 and 30 days out, keeping your $25,000 filing continuous.
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 $25,000 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 your license. Your executed bond and power of attorney arrive by email, ready to file with your Department of Insurance license application or renewal. Wet-ink original mailed on request.
What sets the price
The premium is fixed at $250 at the $25,000 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 Ohio bonds.
Been told you need a different amount?
Price and requirements checked on the carrier’s application, . Page updated .
Finish your license checklist today.
$250 flat, no credit check, bond often issued in the same sitting. Free until issued.