RI surplus lines broker bonds.
$250 flat.
Rhode Island repealed its surplus lines broker bond — former § 27-3-39 went away on June 30, 2022, and the Division of Insurance no longer conditions the license on one. When a wholesaler, MGA, or program still asks for the $25,000 bond, we issue it at $250 flat, and the price you see is the checkout price.
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Three steps. One sitting.
Confirm who is actually asking for the bond, then the rest is about the simplest thing in surety. Here's the entire process:
Apply online
Business details, the name of whoever is requiring the bond, and an effective date. That's the application — no financials, no credit section, no follow-up scavenger hunt.
Pay & e-sign
Fixed-amount bonds like this are among the thousands of bond types that issue right after purchase. At most, 1–2 business days.
Deliver it to whoever asked
Your executed bond and power of attorney arrive by email. Rhode Island no longer takes a surplus lines bond filing, so it goes to the wholesaler, MGA, program, or counterparty that required it. Wet-ink original mailed on request.
What it is and who needs it.
What the surplus lines broker bond actually covers
Rhode Island licenses surplus lines brokers through the Division of Insurance at the Department of Business Regulation (DBR), 1511 Pontiac Avenue in Cranston. A surplus lines broker is the licensee who places a risk with a non-admitted but DBR-approved surplus lines insurer after admitted carriers have declined it — and until 2022 that license came with a bond. Former R.I. Gen. Laws § 27-3-39 barred issuance of a resident surplus line broker license until the General Treasurer certified to the Insurance Commissioner that the licensee had filed a $25,000 bond, conditioned on faithful compliance with § 27-3-38.
That mandate is gone. The 2022 Insurance Omnibus — P.L. 2022, ch. 404 and ch. 405, effective June 30, 2022 — repealed § 27-3-39 outright, and DBR's own Insurance Bulletin 2022-4 describes the act as eliminating “an unnecessary $25,000 bond for surplus lines brokers.” The forms the Division still designates for surplus lines work are the Affidavit by Broker, the Affidavit by Insured, and the Annual Surplus Lines Report due April 1. There is no bond form among them, and the Division's licensing page says plainly that no bond is needed.
So a Rhode Island surplus lines broker bond today is a contractual or legacy filing, not a licensing condition — a binding-authority or wholesale agreement that conditions your appointment on a bond, a program contract that names its own obligee, or an older $25,000 bond you are keeping continuous for pre-repeal exposure. It works the way every surety bond does: you are the principal, the carrier is the surety, and whoever required it is the obligee. It is not insurance for you — if the surety pays a claim, you repay the surety. Because there is no longer a state form to copy the obligee from, confirm that name and address with whoever asked before we issue.
You need this bond if you are
One application, issued instantly.
These are the actual issuing fields — no credit section, because this application doesn't collect credit information.
Start the application →Common questions.
Other Rhode Island bonds.
Surplus lines broker bond, issued today.
$250 flat, no credit section in the application, bond often issued in the same sitting. Free until issued.