# Alabama Surplus Lines Broker License Surety Bond

Source: https://a1suretybonds.com/alabama/surplus-lines-broker-bond

## Key facts

- State: Alabama
- Term: 1 year
- Apply online: https://a1suretybonds.com/application/index/8751/2

**Resident and nonresident surplus lines brokers alike,** operating in Alabama, are required to secure a **$50,000 surety bond** to comply with state regulations. Previously, this requirement applied only to resident surplus lines brokers, but recent updates mandate the bond for **all surplus lines brokers** conducting business in the state.

This requirement, outlined in **Section 27-10-24(c)(1) of the Alabama Code 1975**, ensures compliance with state laws and provides financial protection for consumers against fraudulent or unethical practices.

#### Why Do You Need a Surplus Lines Brokers Surety Bond?

A **Surplus Lines Brokers Surety Bond** serves as a financial guarantee that brokers will adhere to Alabama’s surplus lines insurance regulations. If a broker violates state laws, affected parties can file claims against the bond to seek compensation.

#### Alabama Nonresident Surplus Lines Brokers License Requirements

To obtain and maintain your **Alabama Nonresident Surplus Lines Broker License**, you must:

**Hold an active surplus lines license** in your home state.

**Be licensed as a producer** for property and casualty insurance in Alabama.

**Submit an application** through the **National Insurance Producer Registry (NIPR)**.

**Pay the required fees** associated with licensure.

**Obtain and maintain a $50,000 surety bond** as mandated by state law.

[Apply for your Alabama Nonresident Surplus Lines Brokers License today.](https://a1suretybonds.com/application/index/8751/2)

#### Alabama Nonresident Surplus Lines Brokers Surety Bond Requirements

Per **Section 27-10-24(c)(1) of the Alabama Code 1975**, resident and nonresident surplus lines brokers must secure a **$50,000 surety bond** to conduct business legally in the state. This bond:

Must be issued by a **surety company authorized to operate in Alabama**.

Guarantees compliance with **Alabama surplus lines laws and regulations**.

Provides financial protection to the state and consumers against broker misconduct.

Must be **maintained as long as the license is active**.

[Read more about Alabama’s surplus lines insurance regulations.](https://casetext.com/statute/code-of-alabama/title-27-insurance/chapter-10-unauthorized-insurers-and-surplus-lines/article-2-surplus-line-insurance/section-27-10-24-licensing-of-surplus-line-brokers)

#### Secure Your $50,000 Alabama Surplus Lines Brokers Surety Bond Now

Getting your required **$50,000 Alabama Nonresident Surplus Lines Brokers Surety Bond** is quick and easy. Partnering with a A1SuretyBonds.com ensures fast approval and competitive rates.

**Free, No obligation quotes available** – No hidden fees.

**Fast and hassle-free online application process**.

**Expert support** to guide you every step of the way.

[Apply for Your Alabama Nonresident Surplus Lines Brokers Surety Bond Today!](https://a1suretybonds.com/application/index/8751/2)

Ensure compliance with Alabama law and protect your business by securing your **Surplus Lines Brokers Surety Bond** now. **Contact us today for a free quote!**

---
A1 Surety Bonds (The Surety Syndicate, LLC), a nationwide surety bond agency · (800) 737-4880 · info@a1suretybonds.com · https://a1suretybonds.com
Requirements are set by each state or agency and can change; the obligee's current instructions and the law control.