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Popular California Surety Bonds
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.
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.
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.
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.
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.
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.
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.
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.
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