Excess Line Broker Surplus Line Broker


Definition of "Excess line broker (surplus line broker)"

Shon McGuire real estate agent
Shon McGuire Adams Cameron & Co. Realtors

Insurance salesperson who is licensed to place coverage with an insurance company that is not licensed to do business in the state of domicile of the broker. The excess line coverage must be unavailable from a company licensed in the broker's state.

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