State

Prelicense Reqs.
for Residents

Nonresident
Eligible

Certificate of
Nonavailability

Tax

Other

AL

$50,000 Bond Must be licensed as Property Producer

NO

Within Thirty Days of Procurement

6 percent of Net Prem

Not for L/H; Not for Lower Rate; Notice to Insured IPC: YES

AK

Must have two years of experience in last 5.  $200,000 Bond.

YES

Within Thirty Days of Procurement

2.7 percent of Gross Prem plus 1 percent Filing Fee CF: NO

May Use Non- Approved Comps if Coverage Not Available from Ap-proved; Not for L/H, Work Comp, or PP Auto IPC: YES

AZ

Licensed as Producer or Bond; Also licenses; Exam Mexican S/L Brokers

YES

YES – 3 decs. Stamping Fee of .35percent

3 percent of Gross Prem; Only; Notice to Insured; Not for Life,

Approved Comps Only; Notice to Insured; Not For Life, Work Comp, or PP  Auto; IPC: YES

AR

Must be Licensed 3 Yrs as Agent or Broker; $50,000 Bond; Exam

Only for Purch Grps

Yes and Kept in Broker's Office; Summary to be Filed Monthly

4 percent of Written Prem

Insured's Consent Required; No Use for Better Rate; Notice to Insured; Not for L/A/H, Work Comp or; Public contractor bonds IPC: YES

CA

Must be Licensed as Broker; $50,000 Bond

Only for Purch Grps

Within Sixty days of Procurement

3 percent of Gross Prem; .35 percent Stamping Fee CF: NO IPC: YES

Notice to Insured; No Use for Lower Rate; Approved comps. only

CO

$25,000 Bond

YES, But Only to Place Coverage for Risk Ret Grps

YES, Monthly

3 percent of Gross Prem; .2 percent Stamping Fee CF: YES

Notice to Insured; Not for Lower Rate; Approved Cos. Only IPC: YES

CT

P&C License $25,000 Bond Exam

Yes; Must be Licensed for P&C in Home State and CT; and Pass CT Exam

YES, Within Forty-Five Days

4 percent of Gross Prem CF: YES

Not for Better Rate or Pers Auto, FAIR Plan, Work Comp; Approved Cos. Only Notice to Insured IPC: YES

DE

Licensed as Broker; $5,000 bond

NO

Within Thirty Days After Eff Date

2 percent of Net Prem CF: YES

Not for Better Rate or Terms; Notice to Insured; Approved Comps. Only

DC

$20,000 Bond

YES, if Near DC

YES, Monthly

2 percent of Gross Prem

Not for Better Rate or Terms or  Pers Auto, A&H,  Life, or Work  Comp; IPC: YES

FL

60 Hrs or One Yr Exp plus Exam; $50,000 Bond; Must belong to Fla. Surplus Lines Service Office

Only for Risk Ret or Purch Grps required

Quarterly; 3 declinations

5 percent of Gross Prem+ .3 percent stamping fee Auto; Not for rate or form; only approved comps. IPC: YES

Notice to Insured; Not for L&H, W Comp, or Pers

GA

Must be Licensed Agent; $50,000 Bond

NO

Maintain Record of at Least 3 Rejections; Affidavit to be Filed Quarterly

4 percent of Gross Prem CF: NO

Not for Life; Notice to Insured; IPC: YES

GU

Must be Licensed as Agent or Broker; $2,000 Bond

NO

Must be Filed before Insurance is Procured

4 percent; plus 2 percent for Industrial or Commercial Liability CF: NO

Not for Better Rate or Form; Notice to Insured;  IPC: YES

HI

$100,000 Bond

NO

Yes, Annually

4.68 percent of Gross Prem CF: NO

Not for Better Rate; Notice to Insured;  IPC: YES

ID

$10,000 Bond

NO

Within Thirty Days of Procurement

2.75 percent of Gross Prem; 1 percent Stamping Fee CF: NO

Only Approved Comps May be Used; Not for Life or A&H; IPC: YES Notice to Insured

IL

Lic Producers; Exam; $20,000 Bond; Must be Member of Surplus Lines Assoc

NO

Must Keep Records of at Least 3 Rejections

3 percent of Gross plus 1 percent Fire Marshall Tax; .3 percent Stamping Fee

Use of Comp with Less than $15 Mill in Surplus Requires Warning to Insured IPC: YES

IN

Licensed Agents; $20,000 Bond

Only for Purch Grps

Filed by 20th of Month Following Placement

2.5 percent of Gross Prem CF: NO

Agent May Not Charge Service Fee; Not for Life, A&H, Auto, or Work  Comp; Approved Cos. Only; IPC: YES

IA

Special Lic  Required; Exam

YES

File Within Thirty Days of Delivery

2 percent of Gross Prem

Only Approved Comps; Notice to Insured; IPC: YES

KS

Must Have E&O Policy of at Least $100,000; Licensed as a P&C Agt for 3 Yrs

Only for Risk Purch Grps.

Signed Acceptance from Insured Prior to Placement

6 percent of Gross Prem CF: N/A

Only P&C May be Placed in S/L; Approved Cos. Only; Notice to Insured IPC: NO

KY

Must be Licensed as Agt for 3 Yrs and Represent 3 Admitted Comps; Bond and E&O Policy

NO

YES, Filed Within Sixty Days after Procurement

3 percent of Prem plus Municipal Tax plus KY Tax of 1.5 percent on P&C CF: NO

Not for Better Rate; Not for Life or A&H; May Only Use Comps with $3 Mill in Surplus and in Operation for 3 Yrs; Not for rate or form; IPC: YES

LA

2 Yrs Exp; Exam; $40,000 Bond

REC

Within Thirty days of binding

5 percent of Gross Prem

Notice to Insured Authorized comps only IPC: YES

ME

Must be licensed Producer; $20,000 Bond

YES

NO, but Broker Must conduct a Diligent Search

3 percent of Gross Prem

Not for Better Rate or Life/A&H; Notice to Insured; IPC: YES

MD

Must be Licensed as Broker; $10,000 Bond

Only for Risk Purch or Ret Grps

YES, Filed Within Forty-Five Days after Month of Procurement; three declinations

3 percent of Gross Prem

Notice to Insured Required on Policy; Not for Better Rate or Form; Not for L&H, Pers Auto, W Comp, Marine, or  Railroads; IPC: YES

MA

Special Brokers License; $2,000 Bond

NO

Filed Within Twenty Days of Procurement

4 percent of Gross Prem CF: YES

Not to be Used for Life, A&H, Auto, or Work Comp; Approved comps. only

MI

Must be licensed agent; Exam

NO

YES plus .5 percent regulatory

2 percent of Gross Prems Notice to Insured; fee

Must Contain S/L Agents May Add Fee of up to $25; Only approved comps.; IPC: YES

MN

P&C License $5,000 bond

Yes, Must First Have P/C License

Must be Kept on File by the Broker

3 percent of Gross Prem CF: YES

Must Contain Notice to Insured; Not for Pers Auto,  Work Comp, or HO  Below $500,000; Only approved comps; IPC: YES

MS

Must be Licensed P&C Agent; Bond of $3,000

NO

Requires Insured's Signature; Filed Monthly

4 percent of Gross Prems CF: YES 1 percent stamping fee

Only Approved Comps; Must Contain Notice to the Insured; Not for Life or A&H; IPC: NO

MO

Must be Licensed Broker; Exam; Bond of $10,000

REC

Must be Filed Within Thirty Days of Effective date

5 percent of Net Prems CF: NO

Only Approved Comps; Must Contain Notice to the Insured; Life, A&H, and PP Auto are Not Eligible; IPC: YES

MT

$10,000 Bond; Licensed five years

YES

Must be Filed at Time Ins is Placed

2.75 percent of Net Prems Plus 2.50 percent of Fire Prems; CF: NO

Not for Better Rate or Terms; IPC: YES

NE

Currently Licensed Agts and Brokers; Bond of $10,000 per Licensee (up to $100,000 per Firm)

YES, but Only for Purch Grps

NO, but Agt Must File Quarterly and Annual Reports Listing All Nonadmitted Business Written Along with Forms Signed by Insured

3 percent Plus .75 percent Fire Tax CF: YES

Policy Must Contain Wording That Guaranty Fund Does Not Apply; IPC: YES

NV

Exam; Licensed as broker at least twelve months

YES

Must be Filed Within Ninety Days After Placement

3.5 percent of Gross Prem

Not for Better Rate or Form; Notice to Insured Approved comps only IPC: YES

NH

Must Pay Fee

NO

Must be Filed Monthly by 10th of Next Month

2 percent of Gross Prem CF: NO

Only Approved Comps; Notice to Insured IPC: YES

NJ

Currently Licensed in P&C; Exam; $25,000 Bond

NO

NO

3 percent of Gross Prem Copy of Policy Within Ninety Days

State has an S/L Guaranty Fund; Approved Cos. Only; Notice to insured; IPC: YES

NM

Licensed as agent; $20,000 Bond

NO

Must be Filed with Commr Within Sixty Days after Each Quarter; within fifteen days with DOI Stamping Office

3 percent of Net Prem CF: YES A&H, PP Auto,

Only Approved Comps; Notice to Insured; Not for Life, or Work Comp IPC: YES

NY

Licensed as Broker $15,000 Bond

NO

Must be Filed Within Forty-Five Days of Procurement; Must Show 3 Declinations

3.6 percent of Gross Prems; Stamping Fee, .4 percent CF: NO

Notice to Insured; Not for L/H, Work Comp, Title, Annuities, or PP Auto; Approved comps. only IPC: YES

NC

Exam, $10,000 Bond; Must Belong to S/L Assoc

REC Border States

Filed with Commr Within Thirty Working Days of Procurement

5 percent of Gross Prems CF: YES

Approved carriers only; Notice to Insured; IPC: YES

ND

Bond of at least $5,000; E&O Policy

NO

Filed with Commr fifteen Days After Effective Date

P/C: 1.75 percent of Gross Prem; L/H: 2 percent CF: NO

Notice to Insured Not for Life/A&H Approved Cos. Only; IPC: NO

OH

Must be Licensed as Multi-Line Agent for Two Years; $25,000 Bond

YES

Must be Filed with Commr within thirty is of end of quarter

5 percent of Gross Prems

May be Used for Rate If S/L Rate is at Least 10 percent Better; Notice to Insured; Approved Comps Only; Not For L/A&H or WC IPC: YES

OK

Must be Licensed as Agent; Amount of Bond Depends upon Prior Year's Gross Prem

YES; for Purch Grps Only

YES

6 percent of Gross Prems CF: YES-Ret.

Only Approved Comps; Not for Better Rate; or form Not for Life, A&H Notice to Insured

OR

Must be Licensed for General Lines; $50,000 Bond

YES for Risk Ret Grps Only; Must Hold Oregon P&C Lic

Must be Filed Within Ninety Days of Procurement

2 percent of Gross Prem Plus 1 percent Prem for Fire Tax CF: YES

Notice to Insured; Not for Reinsurance, Marine, L&H, or  Annuities; IPC: NO

PA

Must be Licensed as a Broker; $50,000 Bond; Exam

YES: for Purch Grps Only $50,000 Bond

Must be Filed within Forty-Five Days

3 percent of Gross Prem CF: NO

Notice to Insured Approved Cos. Only; Notice to Insured; IPC: YES

PR

Must be Licensed Agent or Broker; $25,000 Bond

NO

Must be Filed at Time of Procurement; Must Show at Least 5 Declinations

9 percent of Gross Prem

Not for Better Rate or Form; Policy Notice to Insured; Approved Cos. Only; IPC: YES

RI

Must hold Producer lic. $25,000 Bond

YES

Must be Signed by Insured and Filed Within Thirty Days of Procurement; Not applicable to Industrial Insureds

3 percent of Gross Prem

Not for Better Rate or Form; Not for L/A&H; Approved Comps Only; Notice to Insured; IPC: NO

SC

Must be Licensed Broker; Bond of $10,000

NO

Brokers Must Request and Receive Permission from Commr Within Twenty Days

4 percent of All Prems

Broker Must File Annual Report and Policy Must Contain Notice to Insured; Not for L&H, Pers Auto, or Work Comp; IPC: YES

SD

Licensed agents; Bond of $2,000

Only for Risk Purch Grps.

Must be Filed with Commr Within Thirty Days of Procurement

Other than Fire: 2.5 percent; Fire: 3 percent CF: NO

Policy Must Contain Notice to the Insured; Not for Life or A&H; IPC: YES

TN

Must be Authorized Agent

NO

Must be Filed with Commr Before Procurement; Must Show 3 Declinations

Excess WC: 4.4 percent; Property: 3.25 percent; Liability: 2.5 percent CF: NO

PP Auto and Work Comp Are Not Eligible; Approved Cos. Only; Notice to insured

TX

Must be Licensed as Recording Agent or MGA; Exam; Bond of $50,000

Only for Purch Grps

Must be Filed with S/L Stamping Office within Sixty Days

4.85 percent of Gross Premiums; Stamping Fee is .15 percent CF: NO

Only Approved Comps; May Not be Used to Avoid Assigned Risk Auto Plan; Policy Must Contain Notice to the Insured; IPC: YES

UT

Must be Licensed Broker

YES; Must Register with the Utah S/L Assoc

Within Sixty Days

4.25 percent of Gross Prems Plus .25 percent Stamping Fee CF: NO

Approved Comps Only; Notice to Insured; IPC: YES

VT

Must be Licensed as Agent or Broker; $20,000 Bond; 2 yrs. exp. Exam

NO

Must File Quarterly Reports

3 percent of Gross Prem

Approved Comps Only; Notice to Insured; IPC: YES

VA

Must be Licensed as P&C Agent; $25,000 Bond

YES, If Licensed as Virginia Non-Res for P&C

Must be kept on file

2.25 percent of Gross Prem Plus .05 percent Bureau Maintenance Assessment CF: NO

Notice to Insured; May be Used for Better Rate or  Form; Agt Must Show 3 Declinations; Approved comps.; Notice to Insured; IPC: YES

VI

Anyone with an Office in the VI and Approved by the Commr; $10,000 Bond

NO

Must be Filed Within Thirty Days After Procurement; Must Show Declinations from a Majority of Comps  Writing That Line of Business

5 percent of Gross Prems; Payable Quarterly

May Not be Used For Better Rate; Notice to Insured

WA

Must meet exp. requirements; $20,000 Tax Bond and $100,000 Surety Bond; Exam

For Purch Grps Only

Must be Filed with Commr Within Thirty Days of Procurement

2 percent of Gross Prems Plus .4 percent Stamping Fee CF: YES

Not for Better Rate Notice to Insured; IPC: YES

WV

Must be Licensed Agent; Exam; 3 yrs. exp. $2,000 Bond

NO

Must be Filed with Commr, annually

4 percent of Gross Prems CF: NO

Not for Better Form, Rate, or for Work Comp; Policies Must Be Countersigned

WI

Must be Licensed $100,000 bond

YES

NO

Ocean Mar, .5 percent; All Other Lines, 3 percent of Gross Prem

Notice to Insured; If Placed with Unapproved Company, copy to Commr. IPC: NO

WY

Must be General Lines Agent; $1000 Bond

NO

Must be Filed With the Commr Within Thirty Days after Procurement 

3 percent of Gross Prem CF: NO

Not for Rate or Form; Capital Reqs; IPC: YES