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Contractor License Bond

Surety Bond

Penal Amounts vary

GENERAL INFORMATION: License & Permit Bonds - 1% - 5% average and 5% - 25% (and higher in the non-standard market).. Many license and permit bonds are in the 1% - 5% range. This depends upon the industry you are seeking bonding and what the purpose of the bonding. Tax bonds (Sales Tax, Alcohol Tax, etc., are rated higher. These bonds are considered hazardous. Some bonds are instantly issued and credit is not a factor (Notary, Outfitter, some Process Server, etc.). And some bonds require collateral regardless of credit standing. Our primary goal is to obtain the very lowest rate available and that you qualify for.

Credit Will Be Reviewed For This Bond - This bond can be a challenge to obtain at a decent rate. The rates have increased considerably. This has much to do with the industry as a whole, bond claims, and credit standing of those in need of the bond.

Please use the quick quote for an approximate rate or use the application button to apply for a bond.

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Additional Info: Some bonds can be instantly issued and some can be issued within a few hours. If the bond needs to be underwritten it can take between 24 - 72 hours or longer depending upon the size and complexity of the bond. Minimum bond premium is $150.

Contractor License Bond

 
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