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Popular Surety Bonds in Texas
Auto Dealer Surety Bond
To obtain a license to operate a dealership in Texas, you must post a $50,000 surety bond. Separate licenses and bonds are required in each county in which you operate.
Credit Services Surety Bond
To operate a credit services organization in Texas, you must post and maintain a $10,000 surety bond and renew it annually.
Notary Surety Bond
Notaries in Texas must maintain a $10,000 surety bond during their four-year commission term. The bond provides a safeguard if a notary public violates the law.
Auto Title Surety Bond
If you lost your car title, someone stole it, or you never received it when you purchased your vehicle, you may need a Texas title bond.
Freight Broker Surety Bond
The Federal Motor Carrier Safety Administration requires transportation brokers to obtain a freight broker surety bond (or a trust fund agreement) as part of the licensing process.
Construction Bonds
Many Texas contractors must obtain construction bonds for public works or government projects and many private-enterprise construction jobs.
Find Your Texas 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!
What is a surety bond in Texas?
A surety bond is a three-party contract between an obligee (the party that requires the bond), a principal (the party that purchases the bond), and a surety (the party that issues the bond).
How much is a surety bond in Texas?
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.
Texas Surety Bond Requirements
Various businesses, contractors, and other professionals will need surety bonds to operate legally in Texas. 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 Texas
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.