Several factors could affect how much your surety bond will cost, starting with its risk. Low-risk bonds, such as notary bonds, can typically be issued instantly for a flat rate without a credit check. Bonds with greater risk, such as credit service repair bonds, are typically subject to underwriting consideration before pricing can be determined.
If a bond request requires underwriting, standard market rates are typically 1-3% of the bond amount. For example, applicants who qualify for a standard market usually pay just $200-$600 for a $20,000 motor vehicle dealer bond.
Consulting a surety expert is the best way to determine your exact surety bond cost in Louisiana. You can request a free quote online now, or you can call 1 (800) 308-4358 to speak with an experienced bond specialist. SuretyBonds.com will work with you to provide the lowest available rate.