Low-risk bonds, such as notary bonds or certificate of title bonds, can be issued instantly for a low, flat rate without a financial review or credit check. High-risk bonds, however, often require underwriting consideration. Factors that can affect a bond's cost include, but are not limited to:
- bond type
- amount of coverage
- length of coverage
- applicant's financial credentials
- applicant's experience
Standard market rates are typically just 1-3% of the bond amount. For example, a $10,000 bond would cost just $100 to $300 provided the applicant qualifies for a standard market.
The best way to determine the exact cost of your surety bond in Arizona is to consult a surety expert. You can request your free quote online instantly, or give us a call at 1 (800) 308-4358 to speak with one of our experienced bond specialists. We will work with you to get the bond you need for the lowest available rate.