License & Permit Bond Complete Guide
License & permit bonds guarantee that a licensed professional (contractor, dealer, broker, professional) will operate per the licensing authority's rules. If they don't, claimants can recover up to the bond amount.
Common license & permit bond types
• Contractor license bonds (state/county/city) • Motor vehicle dealer bonds • Freight broker bonds (BMC-84) • Mortgage broker bonds • Sales tax bonds • Notary bonds • Travel agency bonds • Liquor license bonds
What they cost
Premium is 1%–10% of the bond amount, based on credit. A $10K license bond typically runs $100–$300/year for good credit, $300–$800/year for marginal credit.
Get a license bond
Most license bonds are bound same-day. Call 814-718-0060 with the bond amount, type, and a soft personal credit check.
Ready for a same-day quote?
Real broker. Real numbers. Same business day on most Ohio policies.