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Popular Surety Bonds in New Hampshire
New Hampshire Contractor License Bond
Meet licensing requirements and operate legally as a contractor.
Find Your New Hampshire 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 do surety bonds work?
A surety bond is a three-party contract between the following:
- Principal: The business or individual who purchases the bond
- Obligee: The party that requires the bond (e.g., the state government)
- Surety: The bond underwriter
If the bondholder (principal) fails to comply with the bond agreement, the obligee may file a claim against the bond. The surety can step in and cover the amount owed upfront. Then the principal will be liable for paying the surety back for the same amount.
How much does a New Hampshire surety bond 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.
Most Common Types of Surety Bonds in New Hampshire
Various businesses, contractors, and other professionals will need surety bonds to operate legally in New Hampshire. 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.
How to Get Bonded in NH
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.