New York Surety Bond Types

What Surety Bond is Right for you?

You need a surety bond, but what kind of bond do you need? With over 25,000 bond types getting the right bond can be a tough task. If you don't see your bond here that doesn't mean we can't help you.

Take the first step to finding out what bond you need and what rate you qualify for.

Surety bond holders in New York protect the people of the state by financially guaranteeing the quality of their work. Because many bonds function in different ways, the type of protection a bond offers varies depending on the specific bond type the individual or business has. While understanding the bonding process in New York might seem complicated or confusing at first, a little research could go a long way in protecting your investments, as well as those of your clients.

The New York state government requires a wide array of individuals and businesses to become bonded to discourage them from participating in fraudulent activities. However, if the principal (or bonded entity) does choose to behave unethically, then the consumer (or obligee) can make a claim against the bond. If the claim is confirmed the surety company compensates the obligee for damages, leaving the principal paying retribution up to the bond’s full value. This is the major difference between insurance policies and surety bonds: whereas insurance policies offset predictable financial losses in the future, bonds aim to prevent unethical business practices to avoid financial losses.

New York surety bond costs

New York surety bond rates and premiums differ depending on a number of factors, including the type of bond being issued and the principal’s financial standing, among other determinants that a surety company might consider. Bonds usually cost between 1 and 3 percent of the bond’s face value. For instance, if the desired bond amount is $10,000, a typical principal with a good credit report would probably pay about $100 to $300 for the bond. However, the bond’s cost will be higher if the principal’s financial history has negative marks, since now the surety takes a greater risk when guaranteeing the principal’s work. A principal who has a poor credit history will need to find a surety bond agency like Surety Bonds.com that issues non-standard (or bad credit) bonds to high-risk clients.

Getting bonded in New York

If you already know the specific New York surety bond you need, look through our collection below to see if we have the form on file. If you don’t see the exact one you’re looking for, contact one of our friendly surety bond specialists to help you find it.

Don’t worry if you’re not sure which New York surety bond will give you the best protection for your needs. State and local government bonding requirements and regulations can be found online most of the time. For instance, the state’s department of licensing website usually provides information about bonds that are required before a business can receive a license to operate in the state. For example, professionals in New York-from car dealers to mortgage brokers-get bonded to protect their clients.

Your New York surety bond agency

To learn more about these and other bond types, try browsing our site for information about different kinds of bonds and how they work. As always, contact a friendly surety bond specialist if you need assistance at any point during the process.

Once you have a basic understanding of the process, applying for a bond online can be completed in just a few minutes. If you have a good credit report and financial history, you can usually get a price quote back quickly. The extra effort you make to secure a surety bond for you or your business is an easy and worthwhile investment that offers a great deal of protection-and we’re here to help.

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Bond Type Obligee Cost Apply Get Quote
Adjuster Bond Superintendent of Insurance
1 Commerce Plaza
Albany , NY 12257
Apply Now Get Quote
Annual Bond
(for Professional Fund Raisers)
Department of Law
The Capitol
Albany , NY 12224
$10,000 Apply Now Get Quote
Bond For Private Investigator; Bail Enforcement Agent; Watch, Guard or Patrol Agency; Health Club; Appearance Enhancement Business; Telemarketers; or Ticket Resellers Department of State
123 William St.
New York, NY 10038
Apply Now Get Quote
Buffalo, New York - Heating Contract City of Buffalo
65 Niagara
Buffalo, NY 14202
Apply Now Get Quote
Buffalo, New York - Plumbing Contractor City of Buffalo
65 Niagara
Buffalo, NY 14202
Apply Now Get Quote
City of New York, NY - One Location Liability Permit Bond City of New York, Department of Transportation
16 Court St.
Brooklyn, NY 11241
$10,000 Apply Now Get Quote
Clarkstown, New York - Excavation for Sewer Contractor Town of Clarkstown
10 Maple Ave.
New York , NY 10956
Apply Now Get Quote
Credit Agreement Bond New York State Thruway Authority
P.O. Box 189
Albany , NY 12201
Apply Now Get Quote
Dealer Bond
(Under New York State Vehicle and Traffic Law Section 415
(6-b))
Department of Motor Vehicles
5 Penn Plz.
New York , NY 10001
Apply Now Get Quote
Eastchester, New York - Excavation Bond City of Eastchester
40 Mill Rd.
Eastchester , NY 10709
Apply Now Get Quote
Excess Lines Broker New York Insurance Department
1 Commerce Plaza
Albany , NY 12257
Apply Now Get Quote
Farm Products Dealer Bond Department of Agriculture and Markets
10B Airline Dr.
Albany , NY 12235
Apply Now Get Quote
Glen Cove - Auctioneer City of Glen Cove, Police Department
1 Bridge St.
Glen Cove , NY 11542
Apply Now Get Quote
Hempstead, New York - Plumbing Bond Village of Hempstead
99 Nichols Ct.
Hempstead , NY 11550
Apply Now Get Quote
Immigration Assistance Service Providers Bond Department of Consumer Affairs
227 Luis Munoz Marin Blvd.
New York, NY 10029
$50,000 Apply Now Get Quote
Jamestown, New York - Auctioneer Bond City of Jamestown
200 E. 3rd. St.
Jamestown , NY 14701
Apply Now Get Quote
Jamestown, New York - Right of Way Bond City of Jamestown
200 E. Third St.
Jamestown , NY 14701
Apply Now Get Quote
Licensed Mortgage Bankers Bond Superintendent of Banks
1 Commerce Plaza
Albany , NY 12257
Apply Now Get Quote
Liquor License Bond - Wholesaler New York Liquor Authority
317 Lenox Ave.
New York , NY 10027
Apply Now Get Quote
Liquor License Bond - Retail New York Liquor Authority
317 Lenox Ave.
New York , NY 10027
Apply Now Get Quote
Manufacturer of Mobile Homes Department of State
123 William St.
Albany , NY 10038
Apply Now Get Quote
Mechanic of Manufactured Homes Department of State
123 William St.
Albany , NY 10038
Apply Now Get Quote
Mined Land Reclamation Bond Department of Environmental Conservation
625 Broadway
Albany , NY 12233
Apply Now Get Quote
Motor Vehicle Dealer City of New York DMV
6 Empire State Plaza
Albany , NY 12228
Apply Now Get Quote
New York City, New York - Street Opening Permit: Multiple Locations New York City
260 Broadway
Brooklyn , NY 11211
Apply Now Get Quote
New York City, New York - Building Operations for Multiple Locations New York City
2 Lafayette St.
New York , NY 10007
Apply Now Get Quote
New York City, New York - Building Operations for One Location New York City
2 Lafayette St.
New York , NY 10007
Apply Now Get Quote
New York City, New York - Contractor Bond New York City
New York State Capitol Building
Albany , NY 12224
Apply Now Get Quote
New York City, New York - Credit Bond City of New York, Commissioner of Finance
66 John St.
New York, NY 10038
Apply Now Get Quote
New York City, New York - Second Hand Dealer Bond City of New York
City Hall
New York, NY 10007
Apply Now Get Quote
New York State and New York City Change of Resident Status - Special Accruals Bond State Department of Taxation and Finance
P. O. Box 4127
Binghamton, NY 13902
Apply Now Get Quote
Orangetown, New York - Sewer Registration Town of Orangetown
26 Orangeburg
Orangeburg , NY 10962
Apply Now Get Quote
Oversize and/or Overweight Equipment Permit Bond Department of Transportation
55 Water St. 9th Fl.
New York, NY 10041
Apply Now Get Quote
Rampo, New York - Sewer Contractor Town of Rampo
237 Rt. 59
Suffern , NY 10901
Apply Now Get Quote
Registered Mortgage Broker Bond
(FHA Mortgage Loan Correspondent)
Superintendent of Banks
1 State St.
New York, NY 10004
Apply Now Get Quote
Retailer of Manufactured Homes Department of State
123 William St.
New York, NY 10038
Apply Now Get Quote
Self-Insurers' Representative's Bond Workers' Compensation Board
20 Park St.
Albany , NY 12207
$5,000 Apply Now Get Quote
Stamp Surety Bond for Financial Institution Enrollees Kenmark Financial Services, Inc.
P.O. Box 1686
Pearl River, NY 10965
Apply Now Get Quote
State University of New York - Labor and Material Bond State University of New York
353 Broadway
Albany , NY 12246
Apply Now Get Quote
Street Opening Permit - Single Location New York City
260 Broadway
Brooklyn , NY 11211
Apply Now Get Quote
Wallingford, New York - Contractor Bond Town of Wallingford
45 S. Main St.
Wallingford , NY 06492
Apply Now Get Quote
Westchester, New York - Plumbing Contractor City of Westchester
148 Martine Ave
White Plaines , NY 10601
Apply Now Get Quote