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License and Permit Surety Bonds

License and permit bonds guarantee that the Principal will comply with municipal, state or federal rules and regulations regarding the occupational license or permit they hold

 

Frequently Asked Questions For :

What are the underwriting guidelines?

License & Permit Surety Bonds are underwritten on the following criteria:
Bond Type, Bond Amount, Corporate and Personal Credit History, Corporate and Personal Net Worth, Years in Business, Claim History, Obligee Obligation

How much does the bond cost?

American Surety Bonds Agency has a number of programs in place for License & Permit Surety Bonds. Our 5 tiered programs start at less than 1% of the bond amount with competitive rates for all applicants. Contact us today to find out which program you qualify for.

How do I apply for a License & Permit Surety Bond?

To apply for a License & Permit Surety Bonds, simply complete the bond application. Click here to download application our application and e-mail, fax or mail your application back to us to get started. Or, give us a call and we will be happy to get you started.

Mortgage Broker, Lender, and Money Transmitter Bond

A Mortgage Broker Bond is a type of state specific license bond which guarantees that the license holder will comply with the rules and regulations in place for mortgage brokers. A Money Transmitter Bond is required by many states in order for a company to obtain a license to transfer money or payment instruments. The bond guarantees that the money transmitter will comply with the rules and regulations in place regarding the transfer of money or payment.

Auto Dealer Surety Bond

An Auto Dealer Bond guarantees that the Principal will comply with state laws, rules and/or regulations regarding the sale of vehicles whether new or used. Apply Here

Code Compliance Bond

A Code Compliance Bond is a license and permit bond that guarantees that a contractor will comply with local building codes. Code Compliance Bonds may be required by municipalities, counties, or states. Apply Here

Collection Agency Bonds

A Collection Agency Bond is a type of license bond that guarantees that the collection agency will follow the laws in place regarding the collection of debts. States require this bond in order to obtain a license. Apply Here

Contractor's License Bond

Many states, counties and municipalities require contractors to post bonds in order to obtain occupational licenses. The bonds guarantee that the contractor will comply with the laws in place governing the specific license. Apply Here

Appraiser Bond

An Appraiser Bond is a type of license and permit bond required for individuals performing appraisals on homes. The bond guarantees that the appraiser will follow the rules and regulations in place for an appraiser’s license as well as perform an honest and accurate home appraisal. Apply Here

ARC Surety Bond

An ARC Bond is a bond required by the Airlines Reporting Corporation (ARC) that ensures that travel agents will remit proper payment to an airline. Apply Here

Auctioneer Bond

An Auctioneer Bond is a type of license bond that guarantees that the auctioneer will comply with the rules and regulations in place for selling products via auction. While bond obligations vary by state, most will ensure that the auctioneer will indeed sell the product advertised, not participate in fraudulent activity and remit the funds to the appropriate parties. Apply Here

Debt Management Services Provider Bond

A Debt Management Services Provider Bond is a type of license bond that guarantees that the Principal will abide by the laws in place regarding the servicing of debts for a client. The bond guarantees that the provider will not participate in fraudulent activity and will pay the debtors according to the contract in place with the client. Apply Here

DME Bond

A DME Bond is required by the federal government and some states to guarantee that suppliers of durable medical equipment, prosthetics, orthotics and supplies comply with the laws in place for billing federal agencies such as Medicare and Medicaid. Apply Here

DOD Bond

A DOD (Department of Defense) bond is a performance required by the Surface Deployment and Distribution Command (SDDC) for all carriers hauling military freight. The bond guarantees that the carrier will deliver the product according to the contract they have with the SDDC. Apply Here

DUI/ Defensive Driving/ Driver Improvement School Bond

A DUI/ Defensive Driving/ Driver Improvement School Bond is required by many states in order to obtain a license to run a school that provides educational classes to satisfy a court ordered class resulting from a DUI or traffic offense. Apply Here

Insurance Adjuster Bond

An Insurance Broker Bond is a professional license bond that guarantees that the Principal will comply with the rules and regulations in place regarding the brokering of insurance products. State requirements vary; some states require individuals to obtain a bond while others require the company to maintain the bond. Apply Here

Liquor Bond

There are many types of Liquor Bond requirements that vary by municipality, county, state and Federal Government. Liquor Bonds are a type of license and permit bond that guarantee that the Principal will comply with the rules and regulations in place for the sale, distribution or importation of alcohol. Liquor Bonds also guarantee that the Principal will pay the required taxes. There are many types of Liquor Bond requirements that vary by municipality, county, state and Federal Government. Liquor Bonds are a type of license and permit bond that guarantee that the Principal will comply with the rules and regulations in place for the sale, distribution or importation of alcohol. Liquor Bonds also guarantee that the Principal will pay the required taxes. Apply Here

Lost Instrument Bond

A Lost Instrument Bond is required by the issuer of the financial instrument if the financial instrument (cashier’s check, money order, stock certificate, promissory note, etc.) has been lost, stolen or damaged. Apply Here

Lottery Bond

A Lottery Bond is a license and permit bond required by a state to ensure that retailers who sell lottery tickets follow the rules and regulations in place for the sale of lottery tickets. The bond also ensures that the lottery vendors will remit payment to the lottery commission on time. Apply Here

Athlete Agent Surety Bond

An Athlete Agent Bond is a type of license bond that guarantees that athlete agents, usually an attorney, will comply with the state’s rules and regulations regarding the representation of professional and collegiate athletes. While specific bond obligations vary by state, most ensure that athlete agents will fulfill contractual obligations. Apply Here

Motor Vehicle Title Bond

A title bond is required by the State when the original title of the vehicle is lost, damaged, signed incorrectly, or the chain of ownership has been broken. The bond guarantees to the State that the Principal is the rightful owner of the vehicle. Apply Here

Notary Bond

A Notary Bond guarantees that the notary public will not participate in any fraudulent acts, negligence or purposeful wrongdoing. Notary bonds are required by many counties or states in order to become a notary public. Apply Here

Postsecondary School Bond

A Postsecondary School Bond is a license bond that guarantees that the school will comply with the rules and regulations set forth by the state regarding private, for profit, postsecondary, colleges and university schools. Apply Here

Private Investigator Bond

A Private Investigator bond is a type of license bond that guarantees that the license holder will comply with the rules and regulations in place governing the profession of private investigator and/or private detective. A Private Investigator Bond may be required by a state or a municipality. Apply Here

Promoters License Bond

A Promoters License Bond is a type of license bond required for athletic event promoters that guarantees that all event participants (athletes, judges, referees, physicians, etc.) will be paid. They also guarantee that all state taxes will be paid. Apply Here

Release of Lien Bond

A Release of Lien Bond is a type of court bond required by a judge in order to have a property lien discharged. A lien is typically placed on a contractor’s property in response to non-payment to a supplier or subcontractor. The judge requires a bond to release the lien until the case has been settled. Apply Here

Right of Way Bond

A Right of Way Bond is a type of license and permit bond that is required if the Principal wishes to do work within a right of way or easement. These bonds can be required by a municipality, county, state or federal agencies. Apply Here

Surplus Lines Broker Bond

A Surplus Lines Broker Bond is a state specific professional license bond that is required for insurance agents who represent surplus lines. A Surplus Lines Broker Bond guarantees that the Principal will follow the laws in place regarding the sale and collection of premium and fees for insurance products. Apply Here

Telemarketing Bond

A Telemarketing Bond is a state specific license bond that guarantees that the telemarketing company will comply with the laws in place regarding the solicitation of business via phone. Bond obligations vary by state but most will ensure that the company abides by the Do Not Call Registry. Apply Here

Third Party Administrator Bond

A Third Party Administrator Bond is a type of license and permit bond that guarantees that the Principal will handle insurance claims or employee benefit plans in accordance with state law. Apply Here

TTB Bond

A TTB Bond is actually a generic term that refers to the different types of bonds required by the Alcohol and Tobacco Tax and Trade Bureau (TTB) for alcohol and tobacco sellers, importers, exporters and distributors. All TTB Bonds guarantee that the bond holder will remit the required taxes to the Federal Government. Apply Here

Utility Deposit Bond

A Utility Deposit Bond, sometimes referred to just as a Utility Bond, guarantees that the individual will pay their utility bill on time. Apply Here

Water Well Driller/ Environmental Driller Bond

A Water Well Driller Bond is a type of license bond that guarantees that the water well driller will comply with the rules and regulations set forth by the state regarding the drilling, construction, deepening, repair, renovation, replacement, cleaning, development, abandonment, and/or pump installation/repair on a regulated well. Apply Here

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