Surplus lines insurance
The surplus lines market ensures that Oregonians can obtain coverage if they
are turned down for insurance in the regular market. Oregon Revised Statutes
(ORS) 735.400-735.495 govern
Surplus line insurers are not required to be licensed in Oregon or file rates
with the state. However, the Insurance Division must determine they are eligible
before any coverage is placed.
Insurers on the National Association of Insurance Commissioners quarterly Listing
of Alien Insurers are considered eligible in Oregon.
Insurance through a surplus line insurer is not protected by the Oregon Insurance
All coverage in this market must be placed through a resident or nonresident
insurance agent who is licensed for "surplus lines."
The Surplus Line Association of Oregon advises the Oregon Insurance Division
and collects surplus lines taxes. Visit www.oregonsla.org
for information on:
- Filing forms
- Insurers (eligible list)
- Licensed agents/agencies
agent for service of process and other information