Propeller Insurance Through an Independent Agency: Coverage and States

Propeller coverage and states available through our agency

The table shows each Propeller coverage type our agency can currently quote and the states, out of the 24 where we are licensed, in which we can quote it.

If your state or coverage type is not listed, send a request anyway. We can check other insurers we have access to.

How to request a Propeller quote

• Send the request form on this page or call 888-387-3687.
• Tell us the coverage you need and the state where the business operates.
• A licensed agent reviews whether Propeller is available for your situation and what information the insurer needs.
• You review the quote and decide. Coverage starts only after the insurer accepts your application and confirms it.

Ways to compare your options

You can go whichever direction suits you. None of these commits you to buying.

• Ask a licensed agent. Send a request or call 888-387-3687.

Who Propeller is

Propeller, Inc. is a digital managing general agency for surety and fidelity bonds. It's based in Philadelphia, according to The Insurer. Its public site has been propellerbonds.com. The propeller.insure address is its white-label bond portal for agencies.

A June 2025 case study from the software vendor Federato says Arch acquired Propeller in 2024. It calls Arch Propeller's largest capacity provider. We couldn't confirm the acquisition with an Arch release.

Propeller started with a seed round and grew through distribution deals with agency networks. Many of its bonds are instant-issue.

If Arch did buy Propeller, the company's main capacity partner and its owner would be the same group. We couldn't confirm that, so check the surety's name on your own bond.

Who backs Propeller bonds

Propeller doesn't issue bonds itself. Insurers called sureties do. Propeller's January 2024 release refers to "A"-rated carriers without naming them.

• Arch is named as the main capacity provider, according to Federato.
• Skyward Specialty partnered with Propeller in 2022 for transactional and subdivision bonds, according to Intelligent Insurer.

The surety named on your bond is the company that stands behind it. Check that name on the bond itself.

What Propeller offers and how it sells

Propeller writes contract, commercial and fidelity bonds. It had more than 7,000 instant-issue bonds in January 2024. Federato put the number at "nearly 10,000" in 2025.

Agencies get a white-label portal. The agency or its client applies online and can pay by card. Propeller also reaches agents through networks:

• Amwins, from 2022.
• PIA National and SIAA.
• The Big "I" Eagle Alliance, from January 2024.
• First Connect, whose directory lists Propeller in all 50 states plus DC.

Propeller news

• Seed funding: Propeller raised a $6.4 million seed round, according to The Insurer.
• April 2022: Skyward Specialty partnership for transactional and subdivision surety.
• January 17, 2024: partnership with the Big "I" Eagle Alliance, with a national rollout.
• 2024: acquired by Arch, according to Federato. We couldn't confirm this with Arch.
• 2025: Federato expected Propeller to handle more than 70,000 transactions that year.

How a surety bond differs from insurance

A surety bond involves three parties. You are the principal. The party that requires the bond is the obligee. The surety is the insurer that issues the bond.

If you don't meet the obligation the bond covers, the obligee can make a claim. The surety may pay it. Then the surety usually expects you to pay it back under your indemnity agreement. That's a key difference from most insurance.

Propeller's role is to make the process faster. Many common bonds can be issued instantly through its portal. Larger or riskier bonds, such as some contract bonds, may still need underwriting. Ask early so you don't miss a licensing or bid deadline.

What to check before you get a bond through Propeller

• The exact bond. Get the bond type, amount and wording from whoever requires it, such as a licensing board or project owner.
• The surety's name. Confirm which insurer is named on the bond, and that the requiring party accepts it.
• The indemnity terms. Read what you agree to in the application before you sign.
• Instant issue or underwritten. Ask whether your bond can be issued instantly or needs review.
• Renewal and cancellation. Ask how the bond renews and what notice the requiring party gets.

How to verify an insurer or agency

Before buying through any website or app, confirm who is selling you the policy and who will issue it:

1. Find the licensed agency or insurer named in the site's footer, terms, or license page.
2. Look up the agency or producer on your state insurance department's license search, or through the National Insurance Producer Registry (NIPR).
3. Look up the insurer on your state insurance department's company search to confirm it is authorized in your state.
4. Save the insurer's name and policy number once issued, since that is who handles claims.

A legitimate service will make this information easy to find. Be cautious if you cannot identify the licensed entity.

What an independent agency does

An independent insurance agency is licensed to sell policies from several insurance companies. Instead of quoting one company's products, an independent agent can compare options from the insurers the agency represents, explain the differences in coverage, and help you re-shop at renewal. The insurance company, not the agent, makes underwriting and claim decisions.

Blake Insurance Group is an independent agency. We work with clients by phone, email, and online in states where we are licensed, and we will tell you which insurers we can quote for your situation.

Questions to ask before you buy

• Which insurer issues the policy, and is it licensed in my state?
• What are the limits and deductibles, and what’s excluded?
• Which discounts were applied, and which ones weren’t?
• How do I report a claim, and is there a 24-hour line?
• What happens if I miss a payment, and is there a grace period?
• Can I get the full quote, including all fees, in writing before I pay?

Propeller FAQs

Your next step

Send a request and a licensed agent will check Propeller and other options available to you.