Michigan Surety Bond

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Apply online and complete the bonding process in minutes. ZipBonds makes it fast, easy, and completely painless.

Or call us at (888) 435-4191

Get Bonded in a Zip!

Fast. Easy. Free.

(888)-435-4191

Popular Surety Bonds in Michigan

Michigan Fidelity Bonds

Fidelity bonds protect employers from damages associated with losses that employees cause, like theft, embezzlement, forgery, or illegal funds transfers. 

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Auto Dealer Bond

You’ll need a surety bond to work as an auto dealer in Michigan. You may also need a separate bond to operate your business in the City of Detroit.

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Michigan Notary Surety Bond

To become a notary in Michigan, you must post and maintain a $10,000 bond for your six-year commission. 

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Mortgage Loan Originator Bonds

The State of Michigan requires anyone applying for a mortgage loan originator license to purchase a surety bond. Based on loan origination volume, bond amounts range from $25,000 to $250,000.

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Liquor License Bond

You must purchase a surety bond to obtain a liquor license in Michigan for beer, wine, and spirits or non-retail liquor. Liquor bonds allow the state to collect unpaid taxes.

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Michigan Title Bonds

If you don’t have the original title to your vehicle or watercraft, you may need a bonded title (a title with a surety bond attached). Title bonds protect the state, lienholders, and past and future owners from financial loss.

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Find Your Michigan Surety Bond

Search Results for:

Michigan

Ann Arbor - METRO Act Permit Bond

Bond Penalty: $25,000

Michigan

Bay County - Highway Permit - Building Moving

Bond Penalty: Varies

Michigan

Bay County - Highway Permit - Closing A County Highway, Road or ROW

Bond Penalty: Varies

Michigan

Bay County - Highway Permit - Construction

Bond Penalty: Varies

Michigan

Bay County - Highway Permit - Operation & Maintenance

Bond Penalty: Varies

Michigan

Bay County - Highway Permit - Use

Bond Penalty: Varies

Michigan

Bloomfield Township - Sewer Builder

Bond Penalty: Varies

Michigan

Boxing Event

Bond Penalty: Varies

Michigan

Branch County - Individual Permit - Performance Bond

Bond Penalty: Varies

Michigan

Consumers Energy - Utility Deposit

Bond Penalty: Varies

Michigan

Dairy Plant Bond

Bond Penalty: Varies

Michigan

Deferred Presentment Service Provider

Bond Penalty: Varies

Michigan

Detroit - Junk Dealer

Bond Penalty: $2,000

Michigan

Detroit - Second Hand Jewelry

Bond Penalty: $200

Michigan

Detroit - Soliciting Fire Repair Contracts

Bond Penalty: $1,500

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What is a surety bond?

A surety bond is a legally binding contract ensuring one party keeps its promise to another. If one party fails to keep their promise, the surety company will compensate the party who experienced the loss. Then, the party at fault for breaching the contract must pay the surety back.

Learn more in our Ultimate Guide to Surety Bonds.

How much do surety bonds cost?

The cost of a bond can vary based on a few 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 1-10%. 

Generally, the stronger your credit score, the lower your rate. However, we don’t even need to run your credit in some cases. Some bonds can be issued instantly at a flat rate.

How do I know which bond I need in Michigan?

Various businesses, contractors, and other professionals will need surety bonds to operate legally in Michigan. Many professions that require state, county, or city licenses to work or practice will also require surety bonds.

Here are some examples:

How to Get a Surety Bond in Michigan

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!

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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.