In Kentucky, an insurance agent the offers surplus lines placements must be properly qualified and provide a Kentucky surplus lines broker bond. Insureds unable to secure insurance coverage through a carrier licensed to do business in Kentucky (an “admitted” company) may obtain coverage on a surplus lines basis from a “nonadmitted,” or unlicensed carrier through the services of a licensed surplus lines broker.  The Kentucky Department of Insurance, the regulatory body requires a surplus lines broker penal bond in the amount of $50,000.  The obligation is a strict compliance bond guaranteeing that the principal will conduct his or her business in accordance with KRS Chapter 304, Subtitle 10, including the failure to remit the taxes required by KRS 304.10-180.  The nation’s surety leader, Surety One, Inc., is a specialist in the bonding needs of the financial services sector.  We will issue these surety bonds for ALL experienced applicants in every state that requires bonding of surplus lines brokers. We also offer superlative fidelity bond coverages to protect against losses due to employee dishonesty.  Visit the surety leader at, call (787) 333-0222 or (800) 373-2804, or email, for a Kentucky surplus lines broker bond application or information about any bond product.