Your exact surety bond cost will be determined based on the risk associated with the bond and your business. The surety industry uses a sliding scale when considering risk. Low-risk bonds, such as highway use tax bonds, can usually be issued instantly without a credit check for a flat rate. Bonds with greater risk, such as mortgage broker bonds, typically require underwriting consideration.
For requests that must be underwritten, standard market rates are typically just 1-3% of the bond amount. For example, a $40,000 bond would cost just $400 to $1,200 provided the applicant qualifies for a standard market.
Speaking with a surety expert is the best way to determine your exact Oregon surety bond cost. 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’ll work with you to find your bond for the lowest available rate.