Is a Surety Bond Required if Writing Through Insurance Noodle

[Central Coast Agent]

Quick question for those of you have been through the process:

I'm in California.

I'm just about to pull the trigger and sign up with Insurance Noodle to access P&C markets for business customers. I have E&O taken care of, but since I am going thorugh a wholesaler as a "sub-agent", do I need that $10,000 bond required by the DOI....

Its not like its expensive...about $100, but I don't want to throw the money away either if I don't need it writing the business through the noodle.

(I don't currently have the bond because I have been selling health insurance only...I have Life/Health and P&C licenses).

Any help you can provide would be appreciated.

 

[Bertolinoins]

Yes, you need an agent and broker bond for most carrier appointments.