Most of our clients know little about surety bonds until they find out they need one, so their first concern is usually pricing. The risk associated with the exact type of bond you need will affect its cost. Bonds with limited risk, such as those required for notaries public, can be issued instantly for a low rate without a credit check. Bonds with high risk, such as those for collection agencies, typically require underwriting consideration before pricing can be determined.
Standard market underwriters typically offer premiums calculated at 1-3% of the bond amount. For example, a $50,000 motor vehicle dealer bond would cost just $500-$1,500 for applicants qualified for a standard market.
Consulting a surety expert is the best way to determine exactly what you’ll pay for a surety bond in Nebraska. Request a free quote instantly online now, or call 1 (800) 308-4358 to speak with an experienced bond specialist. SuretyBonds.com works to provide every applicant with the lowest available rate for their needs.