Surplus Lines Broker

Title 38, Chapter 45 of the South Carolina Code of Laws details the regulations and requirements for brokers and surplus lines insurance. 

Resident Surplus Lines Brokers
  • Complete the Application for Brokers, Form 3520.
  • Pay the biennial license fee of $200. The fee is not pro-rated and is non-refundable and non-transferable.
  • Complete the $10,000 Surety Bond, Form 3535.
  • Submit the exam report from PSI. Contact PSI directly at 800-733-9267 or online to register for the state licensing examination. The exam report expires 12 months after the date of issuance. View exam content outlines.
     
Only individuals may be licensed as brokers in South Carolina.  
 
Non-Resident Surplus Lines Brokers
  • Complete the Application for Brokers, Form 3520.
  • Pay the biennial license fee of $200. The fee is not pro-rated and is non-refundable and non-transferable. Fees are retaliatory under South Carolina law.
  • Submit a letter of certification. If the license status cannot be verified on the State Producer Licensing Database (SPLD), certification from the applicant's home state will be required. The certification, less than 90 days old, must indicate that the applicant is licensed as a surplus lines broker.