What will my renewal fee be if I am an individual who is transacting on his own behalf that paid $700 for a surplus line broker license?
Individuals who previously paid $700 for a surplus line broker license, who will now be paying a $1,000 fee will see a one-time additional charge of $300 on their next renewal notice. You will need to continue to maintain your active bond on file. The additional charge will be $150 for some individuals that only paid the one-year fee of $350 and will be $450 for individuals that paid both the one-year fee of $350 and also subsequently paid the $700 two-year fee.
Related Questions
- What will my renewal fee be if I am an individual who is transacting on his own behalf that paid $700 for a surplus line broker license?
- For surplus line broker organizations that have paid the $700 fee on or after January 1, 2008, how will the additional $300 fee be charged?
- What will the business entity renewal fee be if the Business Entity paid $700 for a surplus line broker license?