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Popular Idaho Surety Bonds
Collection Agency Surety Bond
To obtain a license to operate a collection agency in Idaho, applicants must purchase a surety bond and maintain the bond throughout their career.
Vehicle Dealer Bonds
If you wish to sell motorcycles, ATVs, UTVs, or snowmobiles, you must post a $10,000 bond. You also need to be bonded to sell used vehicles (bond amount varies).
DMEPOS Bond
The Centers for Medicare & Medicaid Services (CMS) requires suppliers to maintain a DMEPOS surety bond worth $50,000 minimum at every practice location.
HVAC Contractor Bond
To become licensed as an HVAC contractor in Idaho, you must first post a $2,000 surety bond. The premium is $100 per year.
Notary Surety Bond
Idaho notaries must maintain a $10,000 bond during their six-year commission. The premium is $100 for the full term.
Freight Broker Bond
If you wish to start a freight brokerage, you must post a $75,000 bond as part of the licensing process.
Find Your Idaho 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!
How much does a surety bond in Idaho 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 Idaho. 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.
How to Obtain a Surety Bond in Idaho
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.