What is a hunting and fishing license bond?
Hunting and fishing license bonds are for those who sell wildlife, fishing, and hunting licenses or arrange hunting or fishing guides for customers. Various states require these bonds as part of the licensing and permit process.
A hunting or fishing license bond guarantees legal compliance, including paying all applicable taxes and fees. It also protects consumers from fraud. In many states, you must post your bond before you can sell licenses to others legally. This bond may go by other names, depending on where you live:
- Outfitter bond
- Outfitters performance bond
- Fish and game license bond
- Guide license bond
Get Your Hunting or Fishing License Bond:
- Hunting and fishing license bonds are for anyone who sells wildlife, fishing, or hunting licenses or arrange hunting or fishing guides for customers.
- A hunting or fishing license bond guarantees legal compliance, including paying all applicable taxes and fees.
- If you have a good credit score, you might pay between 1-5% of the full bond amount.
How do these license bonds work?
Like other surety bonds, fishing and hunting license bonds are agreements that tie three parties together:
- Surety: The company that issues and backs the bond
- Obligee: The government agency that requires the bond
- Principal: The hunting and fishing business that must post the bond to operate legally
When businesses purchase and post this bond, they promise to follow the law, industry regulations, and the surety contract. If they commit a violation, the harmed party (a customer or the government) may file a claim on the bond to receive compensation for their losses.
If the claim is valid after investigation, the surety may cover the damages. Then the principal is responsible for paying them back in full.
How much do hunting and fishing license bonds cost?
The cost will depend on your state requirements. These types of bonds are required in roughly half of the United States. You will pay a small fraction of the total bond value. If you have a good credit score, you might pay between 1-3% of the full amount. So if your state requires a $10,000 surety bond, and you have to pay 1.5%, you would pay a premium of $150.
Remember to renew your surety bond annually to maintain your business license.
Get a Hunting or Fishing License Bond in Your State
Hunting and fishing license bonds are low risk, so getting bonded can be a quick and easy process. We also offer the fastest and most secure option for getting the bond you need. Our all-digital platform is intuitive and straightforward. Apply online or call us at 888-435-4191 to speak with an agent directly.
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.