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Surplus Lines Information

Definition

"Broker" means a surplus line broker duly licensed as such, including
resident surplus lines brokers and non-resident surplus lines brokers. Idaho does not license agencies as surplus lines brokers, only individuals. A broker is required to procure certain insurance coverage that cannot be procured from authorized insurers.

Qualifications

Qualifications necessary in order to become a surplus line broker include, but are not limited to:

  • Resident: Any person who is licensed as a resident producer for the property and casualty lines of authority for a period of at least 2 years may be licensed as a surplus line broker.
  • Non-resident: Any person who is licensed in their home state as a surplus line broker and who has carried a producer license for property and casualty for a period of at least 2 years, may be licensed in Idaho as a surplus line broker if the applicant’s home state awards non-resident licenses to residents of this state on the same basis.

Broker Licensing Requirements

  • Only individuals can be licensed as surplus lines brokers. Idaho does not license agencies as surplus lines brokers.
  • Download and complete a Uniform Application for Individual from our website (click on Licensing Services and then click on Resident or Non-Resident Producer and look for the Uniform Application for Individual)
  • Attach an $80 licensing fee.
  • Licenses will be given the same expiration date as the property and casualty license and renew biennially thereafter for $80 via a mail-in renewal application from our website.
  • Idaho does not require a surety bond for the surplus lines license.
  • Verification for surplus lines and P&C licensing checked via PDB (Producer Data Base) on non-resident applications.

    Send application to:

    IDAHO DEPARTMENT OF INSURANCE
    700 W. STATE ST, 3rd Floor
    P.O. BOX 83720
    BOISE, ID 83720-0043