# Idaho Code § 41-507: 41-507 “SURETY INSURANCE” DEFINED

> Idaho · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_ID_T41_C5_S41-507

## Section

- **Citation:** Idaho Code § 41-507
- **Heading:** 41-507 “SURETY INSURANCE” DEFINED
- **Jurisdiction:** Idaho
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** Idaho Code / Title 41 / Chapter 5 / Section 41-507

## Text

41-507. "Surety insurance" defined. "Surety insurance" includes:

(1) Fidelity insurance, which is insurance guaranteeing the fidelity of persons holding positions of public or private trust.

(2) Insurance or guaranty of the obligations of employers under workmen's compensation laws.

(3) Insurance guaranteeing the performance of contracts, other than insurance policies, and guaranteeing and executing bonds, undertakings, and contracts of suretyship.

(4) Insurance indemnifying banks, bankers, brokers, financial or moneyed corporations or associations against loss, resulting from any cause, of bills of exchange, notes, bonds, securities, evidences of debt, deeds, mortgages, warehouse receipts or other valuable papers, documents, money, precious metals and articles made therefrom, jewelry, watches, necklaces, bracelets, gems, precious and semiprecious stones, including any loss while the same are being transported in armored motor vehicles, or by messenger, but not including any other risks of transportation or navigation; also insurance against loss or damage to such an insured's premises or to his furniture, furnishings, fixtures, equipment, safes, and vaults therein, caused by burglary, robbery, theft, vandalism or malicious mischief, or any attempt thereat.

History:

[41-507, added 1961, ch. 330, sec. 116, p. 645.]

## Nearby sections

- [Idaho Code § 41-501 41-501 DEFINITIONS NOT MUTUALLY EXCLUSIVE.](https://www.frixlaw.com/law-library/statutes/STATE_ID_T41_C5_S41-501.md)
- [Idaho Code § 41-502 41-502 “LIFE INSURANCE” DEFINED.](https://www.frixlaw.com/law-library/statutes/STATE_ID_T41_C5_S41-502.md)
- [Idaho Code § 41-503 41-503 “DISABILITY INSURANCE” DEFINED.](https://www.frixlaw.com/law-library/statutes/STATE_ID_T41_C5_S41-503.md)
- [Idaho Code § 41-504 41-504 “PROPERTY INSURANCE” DEFINED.](https://www.frixlaw.com/law-library/statutes/STATE_ID_T41_C5_S41-504.md)
- [Idaho Code § 41-505 41-505 “MARINE AND TRANSPORTATION INSURANCE” DEFINED.](https://www.frixlaw.com/law-library/statutes/STATE_ID_T41_C5_S41-505.md)
- [Idaho Code § 41-506 41-506 “CASUALTY INSURANCE” DEFINED.](https://www.frixlaw.com/law-library/statutes/STATE_ID_T41_C5_S41-506.md)
- [Idaho Code § 41-507 41-507 “SURETY INSURANCE” DEFINED.](https://www.frixlaw.com/law-library/statutes/STATE_ID_T41_C5_S41-507.md)
- [Idaho Code § 41-508 41-508 “TITLE INSURANCE” DEFINED.](https://www.frixlaw.com/law-library/statutes/STATE_ID_T41_C5_S41-508.md)
- [Idaho Code § 41-509 41-509 LIMIT OF RISK.](https://www.frixlaw.com/law-library/statutes/STATE_ID_T41_C5_S41-509.md)
- [Idaho Code § 41-510 41-510 “REINSURANCE” DEFINED.](https://www.frixlaw.com/law-library/statutes/STATE_ID_T41_C5_S41-510.md)
- [Idaho Code § 41-511 41-511 AUTHORIZED REINSURANCE.](https://www.frixlaw.com/law-library/statutes/STATE_ID_T41_C5_S41-511.md)
- [Idaho Code § 41-512 41-512 REINSURANCE BY IMPAIRED OR WITHDRAWING INSURERS — PENALTY FOR VIOLATION.](https://www.frixlaw.com/law-library/statutes/STATE_ID_T41_C5_S41-512.md)
- [Idaho Code § 41-513 41-513 “SHARE AND DEPOSIT INSURANCE” DEFINED.](https://www.frixlaw.com/law-library/statutes/STATE_ID_T41_C5_S41-513.md)
- [Idaho Code § 41-514 41-514 PURPOSE.](https://www.frixlaw.com/law-library/statutes/STATE_ID_T41_C5_S41-514.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_ID_T41_C5_S41-507. Check the current official text before relying on it. Not legal advice.