Are There Any Restrictions For A Surplus Lines Broker?

A Surplus Line Broker may place coverage through an eligible surplus lines insurer only after a diligent effort to place the risk within the authorized market. "Diligent effort" means searching not only those authorized carriers with whom the Surplus Line Broker has appointments, but also the authorized market in general.

The information on this page is meant to provide a general overview of the law. The laws in your state and/or city may deviate significantly from those described here. If you have specific questions related to your situation you should speak with a local attorney.

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