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Bonds

Get a bond quote

Tell us what the obligee requires. We come back with a firm number, not a range.

What you will need to hand

  • The bond form. The obligee's PDF or filing template. State licensing bonds are usually downloadable from the regulator.
  • The bond amount. Set by statute, contract, or court order, not by you.
  • The principal. The exact legal name and EIN of the entity (or individual) the bond will name.
  • Term. One year for most license bonds; matches contract term for performance bonds; matches term of office for public official bonds.

Pricing, briefly

  • Small commercial and notary bonds: flat premium, often under 200 dollars per year.
  • Standard license and permit bonds: 1 to 3 percent of bond amount, credit-driven.
  • Contract and court bonds: 1 to 3 percent, underwriting required.
  • High-limit and bad-credit programs: 3 to 10 percent, case by case.

After you quote

  1. Sign the indemnity and pay the premium.
  2. We issue the bond. NMLS ESBs sign electronically; paper bonds ship same day.
  3. You file with the obligee, or we file for you on request.