City of Fairbanks Private Detective Bond Guide
If you’re applying for a private detective license in Fairbanks, Alaska, you’ll likely need this surety bond.
Bond Overview
- Purpose: To protect the public and clients from potential harm or injury
- Who Needs It: Private detectives in Fairbanks, AK
- Regulating Body: The City of Fairbanks
- Required Coverage: $10,000 for in-state applicants, $20,000 for out-of-state
- Premium Rate: $100 for a 1-year term
Learn all about the bond requirements and process in this guide.
What Is a City of Fairbanks Private Detective Bond?
A City of Fairbanks private detective license bond guarantees clients that security providers will work according to local laws and regulations.
This type of surety bond protects outside parties if an agency causes property damage or personal harm.
How Much Do Private Detective Bonds Cost in Fairbanks, AK?
A City of Fairbanks private detective license bond costs a flat rate of $100 for a 1-year term. Or, you can save 25% by selecting a multi-year term.
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SuretyBonds.com offers the lowest available rates from our nationwide provider network with no added fees.
Who Needs a Private Detective Bond?
The City of Fairbanks, Alaska requires a $10,000 bond as part of the licensing process for in-state private detectives to be licensed. Out-of-state applicants that are not licensed in at least two other states also need a $20,000 bond.
You may submit alternative forms of financial security, however a surety bond is typically the most affordable option.
How Do I Get My Bond?
With SuretyBonds.com, you can buy your Fairbanks private detective license bond instantly online. Just enter your information and checkout in minutes.
We’ll email you the bond shortly after purchase. Be sure to file the bond with the city as instructed.
If you have any questions, call our friendly surety experts at 1 (800) 308-4358 for assistance.
How Does a City of Fairbanks Private Detective Bond Work?
As with all surety bonds, a private detective license bond creates a legal contract between three parties:
- Principal: You, the private detective filing the bond
- Obligee: The City of Fairbanks requiring the bond
- Surety: The provider issuing the bond
This holds you financially responsible for upholding local license rules and regulations.
If you break the bond terms, harmed parties can file claims. The surety will pay valid claims up to the bond amount, but you are ultimately responsible for refunding the surety.
How Do I Renew My Bond?
These bonds expire annually. To renew your private detective license bond, simply pay your renewal invoice when prompted.
We’ll begin contacting you by phone and email 90 days before the expiration date.
