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South Coast Surety offers
commission income for a full range of surety products.*
As
a Bond Only Agency, South Coast Surety can service our insurance
broker accounts with the full knowledge that any and all insurance
inquiries are referred back to the producing broker.
As
a Bond Only Agency, South Coast Surety has the insurance company
relationships to allow the fast processing of our insurance broker commercial
and contract surety bonds needs.
As
a Bond Only Agency, South Coast Surety will manage those surety bonds
that our insurance brokers find difficult to
place or process.
As a Bond Only Agency,
South Coast Surety places business with insurance companies that only do
surety.
As
a Bond Only Agency, South Coast Surety can match your client with
the insurance company best suited for their surety needs.
As a Bond Only Agency,
South Coast Surety handles all surety bonds including Construction Bonds,
License Bonds, ERISA. Bonds, Court Bonds, Fidelity Bonds
and any Commercial and Miscellaneous Bond need.
As
a Bond Only Agency, South Coast Surety allows our insurance broker to
concentrate on servicing your insurance products, while we service your
clients surety bonds needs.
How we work:
Simply download our Insurance Broker Agreement (using Acrobat's PDF
format), complete and sign the form. Then send via fax or mail the completed
agreement along with copies of your insurance license.
Or,
contact us through our request form, email or call 800-361-1720.
Most
of our bond application forms are on line and you can access them through our
application index.
We have also posted many of the bond rates on our bond
rate page.
On
most bonds, we
pay our insurance broker 50% of our commission. Our gross
commissions vary from 20% to 30% which
translates into a 10% to 15% net commission for you. The actual commission is
based upon the product and market.
Just
fax your applications for approval and processing to
949-361-9926.
Upon
approval of the bond request, we will provide our insurance broker a net
invoice. Upon receipt of the original signed application and your net check,
we will forward the executed bond (per
your direction) to either you or your client.
*We can accommodate placing business for Licensed
Brokers outside of California. Brokers outside of California will not be paid
a direct commission. Brokers outside of California can Service Fee, as
permitted in their state.
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