How Much Does a $30,000 Surety Bond Cost?
Underwritten surety bond premiums are calculated as a small percentage of the bond amount. $30,000 surety bonds typically cost 0.5–10% of the bond amount, or $150–$3,000.
Highly qualified applicants with strong credit might pay just $150 to $900, while an individual with poor credit may receive a higher rate.
| Surety Bond Amount | Over 675 (0.5-3%) | 600-675 (3-5%) | Under 599 (5-10%) |
|---|---|---|---|
$30,000 | $150–$900 | $900–$1,500 | $1,500–$3,000 |
*This table provides general estimates. Bond pricing fluctuates due to various factors. | |||
Remember, these are general estimates. Other factors — including the bond type, industry experience, home ownership and business financials — can also impact your rate.
Determine your exact surety bond cost by requesting a free quote today. Or, use our surety bond cost calculator tool to estimate your premium.
Where to Purchase a $30,000 Surety Bond
You can purchase your $30,000 bond online with SuretyBonds.com — the nation’s top surety provider. We offer the industry’s best service, fastest delivery and most affordable bond prices with no hidden fees.
Secure | No Obligation | Takes 2 Minutes
Most Common $30,000 Surety Bonds
States and municipalities require different types of surety bonds for business owners, licensed professionals and individuals. Here are the most common types of surety bonds that require $30,000 in coverage.
Contractor License Bonds
Contractors often need a $30,000 surety bond for state licensing. For example, the Washington continuous contractor license bond requirement is $30,000. These bonds hold contractors financially liable for upholding licensing laws and local regulations.
Health Club Bonds
Health club bonds are often required for fitness centers that offer long-term contracts. This enforces industry standards and protects clients from losing prepaid membership investments. Bond requirements vary by state and membership volume, but are often $30,000 or higher.
Notary Bonds
Many states require a $30,000 notary bond to guarantee that notaries perform their duties ethically and lawfully. Notary bonds are typically issued at a flat rate. For example, the $30,000 Illinois notary bond costs $90 for all applicants.
Auto Dealer Bonds
Most new and used car dealers need $25,000–$75,000 bond coverage for state licensing. Washington state requires a $30,000 dealer bond to protect consumers from fraud and wrongful actions committed by car dealerships and their employees.
Do $30,000 Bonds Require Underwriting?
Not always. Some $30,000 surety bonds are instantly issued at a set rate, while others require underwriting review to determine pricing for individual applicants. The price of underwritten $30,000 bonds will vary depending on risk.
How to Get a $30,000 Surety Bond with Bad Credit
Low credit? No problem. SuretyBonds.com approves 99% of applicants with our Bad Credit Surety Bonding Program.
While lower credit may result in a higher annual premium between 3–10% of the bond amount, we’ll work with the nation’s top providers to find the best price for your $30,000 bond.
If you improve your credit score over time, you may qualify for a lower premium rate when your bond is up for renewal.
