What is a License and Permit Surety Bond?
A license bond or permit bond refers to surety bonds which are required to obtain a license or a permit in any city, county, or state. These bonds guarantee whatever the underlying statute, state law, municipal ordinance, or regulation requires. They may be required for a number of reasons, for example the payment of certain taxes and fees and providing consumer protection as a condition to granting licenses related to selling real estate or motor vehicles and contracting services.
Some example of license bonds and permit bonds are:
- Contractor License Bonds
- Customs Bonds
- ERISA Bonds
- Freight Broker Bonds
- Money Transmitter Bonds
- Mortgage Broker License Bond
- Motor Vehicle Dealer Bond
- Tax Bonds
Fill out a secure online application below to get the bonding process started. If you don’t find the specific bond you’re looking for, fill out this License & Permit Online Application and we’ll send you a free bond quote in 2-3 business days.