What is the application or renewal fee for a surplus lines license?

The application or renewal fee for a surplus lines license in Pennsylvania is set at two hundred dollars ($200). This fee is established by the state regulations governing surplus lines insurance, which often includes specific fee structures to ensure the effective administration of licenses and oversight of surplus lines activities.

By maintaining a clear fee structure, regulatory bodies can ensure that the licensing process remains accessible while also covering the costs associated with overseeing the surplus lines market. This fee is critical as it supports the regulatory framework intended to protect consumers and ensure that surplus lines insurance remains a viable option for risks that may not be covered through standard markets.

Understanding the fee structure is important for prospective applicants as it helps them budget for the costs associated with obtaining or renewing their surplus lines insurance license.