Washington Surplus Lines Broker Bond
Overview
Get bonded as a Washington surplus lines broker and show the Office of the Insurance Commissioner you meet the financial responsibility requirement before placing coverage with non-admitted carriers. This bond protects policyholders and the state when a surplus lines broker fails to remit premium taxes, handle funds properly, or comply with Washington's surplus lines laws. Securing this bond is one of the final steps between your application and an active surplus lines broker license in Washington.
Who Needs This Bond?
Surplus lines brokers operating in Washington state need this bond. If you hold or are applying for a Washington surplus lines broker license — which allows you to place coverage with non-admitted insurers for risks that licensed carriers won't write — the Office of the Insurance Commissioner requires you to file this bond before your license is issued or renewed. This is not a bond for standard licensed agents or brokers; it applies specifically to those transacting surplus lines business in Washington.
What is this Bond For?
This bond guarantees that a Washington surplus lines broker will comply with all applicable state laws governing surplus lines transactions, including accurate reporting, premium tax remittance, and proper handling of client funds. If a broker misappropriates premiums, fails to remit surplus lines taxes, or otherwise violates their licensing obligations, a valid claim can be made against the bond to cover resulting losses. The bond puts the obligee — the Washington Office of the Insurance Commissioner — in a position to hold licensees financially accountable.
When is it Required?
Applying for a Washington surplus lines broker license is the moment this bond becomes mandatory. You cannot receive or maintain an active surplus lines broker license in Washington without having this bond on file with the Office of the Insurance Commissioner. The bond must remain continuously in force for the duration of your license, which means any lapse can put your ability to place surplus lines coverage in jeopardy.
Where Does it Apply?
This bond is a statewide requirement enforced by the Washington Office of the Insurance Commissioner. It applies to any individual or entity transacting surplus lines business anywhere within the state of Washington. There is no local or county-level equivalent — this is the single bond required for Washington surplus lines broker licensure.
How to Buy Online
Click 'Buy This Bond Online' on this page to open the secure surety portal in a new tab. Complete the application, and once approved your bond documents are issued digitally so you can file with the Office of the Insurance Commissioner right away. No waiting on a callback — the process is designed to move as fast as your license application does.
Why Bond Titan?
Bond Titan is powered by The Southern Agency, giving you access to a nationwide surety bond catalog through a fast, fully online purchase process. You get the Washington Surplus Lines Broker Bond without sitting on hold or waiting days for an agent to respond. Buy, download, and file — all in one straightforward session.