How much does a surety bond cost?

Premium is a small percentage of the total bond amount, typically 0.5–10%. On that basis a $10,000 bond may cost between $50 and $1,000, and applicants with strong credit usually pay 0.5–4% of the bond amount. The full coverage amount is only payable if a claim is made on the bond.

What determines the price of a surety bond?

Risk is the main determinant: lower risk means lower rates. Higher-risk classes such as court bonds, construction bonds and mortgage broker bonds receive more claims and are more likely to be underwritten. Where a bond requires underwriting, each person with more than a 10% ownership stake is reviewed.

Surety

SuretyBonds.com

SuretyBonds.com is an insurance agency at 803 E. Walnut St. in Columbia, Missouri that sells surety bonds nationwide through its website. It is operated by Brooklyn Ventures LLC, with separate licensed entities used in California and New York, and writes bonds in every state and Washington, D.C.

The buyer picks a state and bond type, applies online in under two minutes and gets a quote after agents shop the available markets; many bonds are issued the same day, with documentation delivered immediately after purchase. Surety experts are reachable by phone Monday to Friday from 7 AM to 7 PM Central. A low credit program extends bonding to applicants with low credit scores or other financial issues, with financing available to those who qualify.

Bond lines cover license and permit bonds such as auto dealer, contractor and freight broker bonds; construction bonds including performance, supply and maintenance bonds; commercial bonds including janitorial service, utility and lottery bonds; court bonds including probate, executor and guardianship bonds; and vehicle title and notary bonds. The company says it has served 250,000+ customers and provides access to over 25,000 surety bonds, and it publishes a bond cost guide with a rate table by credit tier plus a bond cost calculator.

Premium is a percentage of the bond amount and varies with credit and bond class, so the published table gives estimates rather than a quote. Higher-risk classes such as court, construction and mortgage broker bonds are underwritten individually, and every owner with more than a 10% stake is reviewed when underwriting is required.

Best for

Businesses and individuals who need a license, permit, court or title bond quoted and issued online the same day, including applicants with damaged credit who need a non-standard market.

What they do

License and permit bonds
Auto dealer bonds
Contractor license bonds
Freight broker bonds
Performance, supply and maintenance bonds
Court, probate and guardianship bonds
Vehicle title bonds
Notary bonds
Low credit bond program

Details

Attribute	Value
How they charge	Premium is typically 0.5–10% of the bond amount, and 0.5–4% for applicants with strong credit; exact rates are quoted after an online application.

What stands out

Says it has served 250,000+ customers and provides access to over 25,000 surety bonds.
Publishes a surety bond cost table by credit tier and a bond cost calculator.
Writes bonds in every state and Washington, D.C.
Surety experts answer the phone Monday to Friday, 7 AM to 7 PM Central.
Operates as an insurance agency under Brooklyn Ventures LLC, with separate entities in California and New York.

Common questions

How much does a surety bond cost?: Premium is a small percentage of the total bond amount, typically 0.5–10%. On that basis a $10,000 bond may cost between $50 and $1,000, and applicants with strong credit usually pay 0.5–4% of the bond amount. The full coverage amount is only payable if a claim is made on the bond.
What determines the price of a surety bond?: Risk is the main determinant: lower risk means lower rates. Higher-risk classes such as court bonds, construction bonds and mortgage broker bonds receive more claims and are more likely to be underwritten. Where a bond requires underwriting, each person with more than a 10% ownership stake is reviewed.