Texas Surety Bond Types
The Texas state government protects its consumers from many fraudulent activities by requiring certain individuals and businesses to obtain a surety bond. Each Texas surety bond offers a different kind of protection depending on the specific bond type and how it functions. While securing a surety bond in Texas might seem complicated or confusing at first, a little research could go a long way in protecting your investments.
How much does a Texas surety bond cost?
Surety bond rates and premiums in Texas vary depending on a number of factors, including the principal's credit history and the type of bond being issued, among other things. In general, surety bonds cost 1 to 3 percent of the bond's face value. For example, if the desired bond amount is $10,000, the cost of the bond would probably be around $100 to $300 for a typical principal with a good credit report. If the principal's financial history has negative marks, the cost of the bond will be higher because the surety takes a greater risk in backing the principal's undertakings. If the principal has a poor credit history then he or she will need to find surety bond agency like Surety Bonds.com that issues non-standard (or bad credit) bonds to high-risk clients.
How can I get a bond in Texas?
If you know the specific Texas surety bond that you need, try browsing our library below to see if we have it on file. If you don’t see the exact form you need, try contacting one of our friendly surety bond specialists to help you find the form you need.
If you need help determining which Texas surety bond will offer you the best protection, check to see if your state or local government has established bonding rules or regulations for your industry. For example, notaries, contractors and debt collectors should be bonded before working in Texas to protect the clients they do business with. Similarly, many professionals–from car dealers to mortgage brokers to telemarketers–are required to secure a surety bond before they can be issued a business license in Texas. The state's department of licensing website usually provides information about the rules and regulations to help clarify requirements for this type of bonding.
Your Texas surety bond agency
To find out about other bond types, try exploring our site to see what sort of information we offer on alternative areas of bonding. And of course feel free to contact a friendly surety bond specialist if you need any help along the way.
Once you know what you're looking for, you can apply for a bond online in a matter of minutes and get a price quote back quickly, pending your credit report and financial background. Finding the right surety bond for you or your business is both easy and worthwhile. Securing a surety bond is an investment that can protect most any business.


