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Get the free Ohio Specific Surplus Lines Broker Bond Form - insurance ohio

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Licensing Division 50 W. Town St., 3rd Fl. Suite 300 Columbus, OH 43215 (614) 6442665 Fax # (614) 3870096 www.insurance.ohio.govOhio Department of Insurance Mike DeWine Governor Jillian Foment DirectorIndividual
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01
Gather all necessary information and documents required to fill out the Ohio specific surplus lines form.
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Start by providing your personal information such as name, address, and contact details.
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Enter the relevant information about the insurance policy or coverage for which you are seeking surplus lines.
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Fill out the details about the insurance agent or broker involved in the transaction.
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Provide any additional required information, such as payment details or policy endorsements.
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Review the completed form for accuracy and completeness.
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Submit the filled-out form to the appropriate authority or regulatory body.

Who needs ohio specific surplus lines?

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Individuals or businesses who require specialized insurance coverage that cannot be obtained from the admitted market in Ohio may need Ohio specific surplus lines.
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Insurance brokers or agents who handle non-admitted insurance policies or seek coverage for their clients outside of the traditional insurance market also need to be aware of Ohio specific surplus lines.
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Ohio specific surplus lines refer to insurance coverage that cannot be obtained from licensed insurers and instead, are placed with non-admitted insurers.
Licensed surplus lines brokers are required to file ohio specific surplus lines.
Ohio specific surplus lines can be filled out by providing detailed information about the insured, the coverage required, and the non-admitted insurer.
The purpose of ohio specific surplus lines is to provide insurance coverage for risks that are unable to be covered by licensed insurers.
Information such as the name of the insured, the policy details, the non-admitted insurer, and the premium amount must be reported on ohio specific surplus lines.
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