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Popular Surety Bonds in North Dakota
Notary Surety Bond
To become a notary in North Dakota, you must post and maintain a $7,500 surety bond for your four-year commission.
Public Official Bond
To hold a public official position, including treasurer, tax collector, or other, you must obtain a bond and renew it annually.
Contractor License Bonds
Various municipalities in North Dakota require contractors to become licensed and bonded to work on projects in the area.
Collection Agency Bond
This bond guarantees that a collection agency will operate the business – including handling money properly – ethically and according to industry regulations.
Freight Broker Bond
To become a freight broker or freight forwarder, you must post a $75,000 bond as part of the licensing process and renew it annually.
Auctioneer Bond
Auction professionals in North Dakota must acquire a $5,000 bond to become licensed. The bond ensures that auctioneers perform their jobs according to state regulations.
Find Your North Dakota 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?
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 will be. However, we do not need to run your credit in some cases. We can issue some bonds instantly at a flat rate.
How do I know which bond I need in North Dakota?
Various businesses, contractors, and other professionals will need surety bonds to operate legally in North Dakota. 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 a Surety Bond in ND
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 working 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.