A few factors could affect how much your surety bond will cost in Kansas. The risk associated with the needed bond type is the first indicator. For example, notary bonds involve limited risk, so they can be issued instantly without a credit check for a low, flat rate. Utility bonds, on the other hand, have greater risk since they guarantee bill payments, so pricing typically requires underwriting consideration.
Premiums that require underwriting are typically calculated at 1-3% of the bond amount. So, a $30,000 motor vehicle dealer bond would cost just $300-$900 for applicants who qualify for a standard market.
The best way to determine your exact premium is to request a free surety bond quote. Call 1 (800) 308-4358 to speak with a bond expert, or request a free quote online by filling out our quick and easy form. At SuretyBonds.com, we’re dedicated to providing bonding services to every client for the lowest available rate.
