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Popular Surety Bonds in New York
Auto Dealer Bond
Retail or wholesale motor vehicle dealers that sold 50 or fewer vehicles in the last year must post a $20,000 bond. Those that sold more than 50 must post a $100,000 bond.
Budget Planner Bond
To obtain your budget planner license in New York, you must post a $250,000 surety bond. The bond acts as a trust fund for debtors and holds budget planners accountable to the law.
Alcoholic Beverage Control Bonds
The state requires individuals wishing to obtain any of the following licenses to obtain a surety bond first: liquor retailer, warehouse, transporter, or wholesaler.
Insurance Adjuster
Insurance adjusters must maintain a $1,000 surety bond to work in New York. We can issue these bonds immediately for just $100.
Private Investigator
To work as a private investigator in New York, you must file a $10,000 surety bond. We can issue these bonds instantly for $100.
Nail Salon Wage Bond
Nail salon owners must post a surety bond ranging from $25,000 to $125,000, depending on the number of full-time employees.
Find Your New York 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 cost in New York?
The cost of a bond can vary based on a few factors, including the type of bond, the amount required, 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 do not need to run your credit in some cases. Some bonds can be issued instantly at a flat rate.
New York Surety Bond Requirements
Various businesses, contractors, and other professionals will need surety bonds to operate legally in New York. Many professions that require state, county, or city licenses to work or practice will also require surety bonds.
Here are some examples:
- You may need various 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,.
Get Bonded in a Zip
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.