California Public Utilities Commission - Video Franchise Agreement — required surety bond in California. Apply online in minutes.
The California Public Utilities Commission (CPUC) Video Franchise Agreement Bond is a financial guarantee required for certain video and broadband service providers. It ensures the provider complies with the terms of their franchise agreement and state utility regulations. If the provider defaults on their obligations or fails to pay required fees, the bond protects the state and local governments from financial loss.
Cable operators, telecommunications companies, and other video service providers operating under a state-issued franchise in California generally need this bond. Businesses seeking authorization from the CPUC to construct networks or offer video services within specific franchise areas must secure this coverage before operating.
The CPUC requires this bond to guarantee that video service providers will faithfully perform their duties, including paying franchise fees to local entities and providing adequate public service access. It acts as a protective measure to ensure companies follow through on their regulatory and financial commitments. Because specific requirements vary, providers should verify their exact bonding obligations directly with the CPUC.
Getting your bond is easy—simply click Apply Now to complete our secure online application in about 5 minutes. Once approved, you can pay your premium and have your official bond delivered directly to you by email. For any assistance, contact Noah Insurance Agency, licensed nationwide, at 814-718-0060.
The cost is typically a percentage of the total bond amount, which is heavily influenced by the applicant's credit history and business financials. Because premiums vary, the best way to get an exact figure is to apply online for a free quote through Noah Insurance Agency.
Bond amounts are determined by the CPUC based on your specific operations, service area size, and potential fee liabilities. Since requirements vary, you must verify your exact required bond amount directly with the issuing agency before purchasing.
Yes, applicants with less-than-perfect credit can often still secure a bond, though they may qualify at different premium rates. Applying online allows our underwriters to find the best available coverage options for your specific financial situation.
Yes, this bond typically needs to remain active for the entire duration of your video franchise agreement. You will need to renew the bond periodically by paying a renewal premium to maintain continuous compliance with CPUC requirements.
Send us a note or call 814-718-0060 — a licensed agent will confirm the bond amount and requirements for you.
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