“How much will my surety bond cost?” is the most common question our clients ask. Although several factors can affect your exact surety bond cost, the primary factor is the risk. Notary bonds, for example, are considered low-risk, which means they can be issued instantly for a low, multi-year rate without a credit check. High-risk bonds, such as motor vehicle dealer bonds, however, are typically subject to underwriting consideration.
Surety underwriters typically offer standard rates of 1-3% of the required bond amount. For example, a $10,000 credit services organization bond will cost just $100-$300 provided the applicant qualifies for a standard market.
Consulting a surety expert is the best way to determine your exact surety bond cost in Texas. You can request your free quote online instantly, or call 1 (800) 308-4358 to speak with an experienced bond specialist. SuretyBonds.com works with you to provide the lowest available rate.