Wednesday, August 23, 2017
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Insurance Applications

Downloadable questionnaires for various types of insurance and for bonds. 

License Bond Estimate

We have several markets for license bonds. Your best option is to send us the completed bond application or give us a call. We can then check more than one surety company. You can also try this link for an instant quote. 

Standard Market Requirements: Numerous factors are considered when underwriting a commercial surety bond. Below you will find basic requirements in order of importance.

  • Credit Score: 650 or higher
  • Claims: None prior
  • Experience: 3 years or more
  • Personal Financials: Net worth 1-3x bond amount

Standard Market Estimate: $116 to $375

If you do not meet the requirements above, it is possible, but not likely to be approved in a standard market. If that is the case, we would see if you qualify for a high risk market. The requirements for high risk markets are much looser, which allow us to approve 99.9% of applicants.

  • Claims: No losses paid by surety
  • U.S. Citizen: Yes

High Risk Estimate: $625 to $1,875

*The above is not an actual offer, but an estimate of what your quote may be should you qualify. To obtain an approval quote, you need to complete an application.

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