How much will my Surety Bond Cost?
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Everyone wants to know this, but there is no single answer. Surety bond companies set the premiums, which vary greatly because each applicant and situation is unique. The cost of any surety bond depends on factors such as type of bond, type of business or industry, the applicant, the obligee, credit experience, financial strength, amount of risk involved, and the state in which the bond will be issued. A bond premium is usually set at a percentage of the bond amount. This is generally 1%-4% for standard rate bonds, and 10%-20% for bad credit bonds. It is free to apply for a bond with American Surety Bonds. Filling out the application lets us know who you are and what you need, so that we can get you a free price quote for your bond. You’ll get your price quote in writing. Free price quotes can be supplied instantly for many bonds when our online application in used.
