What must a surplus lines licensee do if a unique form of coverage is to be used?

A surplus lines licensee is required to have a copy of the unique form of coverage filed with the department because this process ensures regulatory oversight and compliance with state insurance laws. By filing the form, the licensee provides the appropriate regulatory authority with necessary information regarding the terms and conditions of the coverage being offered. This filing helps to maintain transparency within the surplus lines market and ensures that the coverage adheres to state requirements, which might differ from the standard policies offered by admitted insurers.

While the other options may seem relevant to the insurance process, they do not align with the specific requirements for surplus lines offerings. Notifying the insured about high premiums, providing a written reason for the unique form, or obtaining approval from admitted insurers are actions that are not specifically mandated as part of the surplus lines coverage requirements. The focus in this context is solely on the necessity of filing the unique coverage form with the appropriate state department.