Get An Instant Quote on California Insurance Broker Bond $10,000 Now
What is a California Insurance Broker Bond?
For many brokers, the California Insurance Code is a requirement that must be met in order to practice their trade legally. The bond also protects consumers from any potential wrongdoing committed by an agent who doesn’t have it or has lost it. If you want to start your own insurance brokerage business and live in California, make sure you get this license!
Do you need a California Insurance Broker Bond?
SwiftBonds is an insurance broker bond company that provides the best rates for your business. We can help you get bonded quickly and easily. Get started today!
Check out our website to learn more about how we can help your business be successful in California. You’ll find all of the information you need on our site, including what bonds are required for different types of businesses and how to apply for a bond online. It’s easy!
Apply today by clicking this link!
Why is the California Insurance Broker Bond required?
Businesses must purchase a bond to activate their license or permit. This guarantees that if the business fails to comply with licensing and permit laws, they will be compensated by the surety company for any damages incurred due this negligence. Read a San Bernardino, CA – Disposal Fees Guarantee of Payment Bond.
How does a California Insurance Broker Bond work?
Getting a California Insurance Broker Bond means you agree with the entity requiring it, called the Obligee. Your surety company agrees to cover for you in case your clients or public make claims against their contract and need payment from your bond. If there’s ever any problems on either side of this agreement, only then will we get involved so that both parties can be satisfied. Find a City of Lake Forest, CA – Grading Permit Bond.
How much does a California Insurance Broker Bond cost?
California Insurance Broker Bond is a type of surety bond that varies in cost and depends on the credit score of the applicant. Sometimes, personal or business financials may be required depending on what surety amount is needed for bonding purposes.
Can I get a California Insurance Broker Bond with bad credit?
SwiftBonds offers a wide-range of approvals, regardless of credit history or bad credit. One key factor in our success is that we are able to work with 99% of applicants who have been turned down elsewhere due to their poor financial standing. Our knowledgeable underwriting staff will make sure you get the lowest possible price for your bond no matter what personal circumstances may be preventing you from getting approved for other companies' bonds. Have a City of Bellflower, California – License and Permit Bond.
How to get your California Insurance Broker Bond?
Would you like to know the first step in getting your California Insurance Broker Bond? It's super easy! Fill out our quick online application and get a no obligation quote today. Our Underwriters will contact you within an hour of submission, or come chat with them on the phone for help applying. Get a California Notary Bond $15,000 without EO.
