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Popular California Surety Bonds
Auto Dealer Surety Bond
The California DMV requires used motor vehicle dealers to post a surety bond to obtain a license to do business. The bond could range from $10,000 to $50,000.
Cannabis/Marijuana License Bond
Businesses that perform cannabis-related activities – cultivating, distributing, selling, and manufacturing – must post a surety bond to operate legally in the state of California.
Travel Agent (Seller of Travel) Surety Bond
The California Department of Justice requires travel agents to post a surety bond to protect consumers from illegal and unethical business practices.
Notary Surety Bond
Notaries much buy and maintain a $15,000 bond for their four-year commission. The bond protects the public from losses resulting from improper conduct.
Freight Broker Surety Bond
If you wish to start a freight brokerage, you must post a $75,000 bond as part of the licensing process.
California Contractor License Bond
The California Contractors State License Board requires contractors to post a $25,000 surety bond to operate a business in the state.
Finance Insurance Broker Bond
To become an insurance broker, you must post a $10,000 surety bond and renew it annually for $100 a year.
Surety Bond for Vehicle Title
If you don’t have a title for your vehicle in your name, you need a bonded title to register your vehicle successfully with the California DMV.
Find Your California Surety Bond
Don’t see the bond you need?
Give us a call at (888) 435-4191 or use our generic form to start your application online. We’ll reach out soon!
What is a surety bond in California?
California has more bond requirements than any other state, including contractor license bonds, cannabis bonds, title bonds, freight broker bonds, auto dealer bonds, and many others.
A surety bonds is a contract between three parties: 1) the obligee requiring the bond, 2) the principal who purchases the bond, and 3) the surety that issues the bond.
How much does a surety bond in California cost?
The cost of a bond can vary based on a few different factors, including the type of bond, the amount required, and your credit score and finances. Your bond premium will be a small percentage of the total bond amount – typically 1-3%.
Generally, the stronger your credit score, the lower your rate will be. In some cases, however, we don’t even need to run your credit. Some bonds can be issued instantly at a flat rate.
How do I know which bond I need?
Various businesses, contractors, and other professionals will need surety bonds to operate legally in California. Many professions that require state, county, or city licenses will also require surety bonds. Here are some examples:
- You may need construction bonds to work as a contractor.
- You may need a license or permit bond to operate a professional business.
- Or you may need a court bond to fulfill your duties as a fiduciary.
Call ZipBonds to Get Bonded Today
We’ll help you find the bond you need, complete the application, and be off and running. Call us at (888) 435-4191, or email support@zipbonds.com. We also have live chat on our website during regular business hours. Reach out any time!
About ZipBonds.com
Founders Ryan Swalve and Zach Mefferd formed the vision for ZipBonds.com when they realized how overly complicated it was to help clients place surety. The frustration of being unable to incorporate the technology they’d used in other insurance-focused projects left them thinking “there has to be a better way.”
Fast forward a couple of years, and that better way is the impetus of everything we do at ZipBonds. We constantly look for innovative ways to improve the bonding process for our clients and agents. Our team comprises individuals who understand all angles of surety – for companies, agencies, and individuals. Incorporating everyone’s point of view to improve the process while simultaneously integrating cutting-edge technology is what sets our business apart.