$250 is your GOOD CREDIT PRICE for a Rhode Island Surplus Line Broker Bond.
Rhode Island Surplus Lines Brokers are required under the General Laws of Rhode Island section 27-3-41 to file a Rhode Island Surplus Line Broker Bond as a condition of licensure.
Bonds Express offers a Rhode Island Surplus Line 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 Rhode Island Surplus Line Broker Bond holds you accountable for your business decisions.
By possessing a Rhode Island Surplus Line Broker Bond, you are telling your Obligee that you can be trusted as a Principal and that you stand behind your business decisions.