Surplus Lines Broker are required under the KRS 304.9-105, 304.9-330, 304.9-705(3), 304.10-140, 304.15-700 or 806 KAR 9:030, Section I to file a Kentucky Surplus Lines Broker Bond as a condition of licensure.
Bonds Express offers a Kentucky Surplus Lines Broker Bond with a 99% approval rate.
A surety bond protects the party requesting the bond, the Obligee, against any financial losses as a result of poor financial decisions, damages, unethical decisions, or a failure to follow state and local laws on the part of you, the Principal. The Kentucky Surplus Lines Broker Bond holds you accountable for your business decisions.
By possessing a Kentucky Surplus Lines Broker Bond, you are telling your Obligee that you can be trusted as a Principal and that you stand behind your business decisions.