Delaware Security System Agency Bond Guide
If you’re opening a protective services agency, security systems agency, or security alarm business in Delaware, you need a surety bond.
Bond Overview
- Purpose: To ensure new security business licensees uphold state laws and provisions
- Who Needs It: Security alarm and system providers and protective services agencies
- Regulating Body: The State of Delaware, Division of State Police
- Required Coverage: $10,000
- Premium Rate: $100
Read on to learn how these bonds work and get your free quote.
What Is a Delaware Security Systems & Protective Services Agency Bond?
The Delaware State Police requires all security system and protective services agencies (SSPSAs) to file a $10,000 surety bond. The bond terms hold agencies liable for conducting business according to 1212-12-24 of Delaware Code.
If the bonded security agency fails to comply with these terms, the surety bond protects harmed parties from financial loss.
Note: There is a separate private investigator bond requirement for private investigative and security agencies in Delaware.
How Much Do Security System Agency Bonds Cost in Delaware?
A $10,000 Delaware security systems and protective agency bond costs a flat rate of $100 for a one-year term.
Or, you can save an extra 25% on additional years by selecting a multi-year discount. Click "Buy Now" below to get your bond online in minutes.
SuretyBonds.com offers the lowest available rates from our nationwide provider network with no added fees.
How Does a Delaware SSPSA Bond Work?
A security systems provider and protective services agency bond binds three parties in a legal agreement:
- Principal: The security system provider or protective services agency
- Obligee: The State of Delaware, Division of State Police
- Surety: The provider issuing the bond
As the principle, you are responsible for upholding state regulations to the obligee. If you don’t, harmed individuals or the state can file a bond claim for reimbursement.
Who Needs a Security System Agency Bond?
Any security systems and protective services agency operating in Delaware needs a surety bond. This includes companies that sell, service, repair, install, or monitor security systems and alarms.
How Do I Get a Security System Agency Bond in Delaware?
SuretyBonds.com offers the fastest and easiest way to get a Delaware security systems and protective agencies bond. Just select your term length, enter your information, and checkout instantly online.
We offer three FedEx shipping options. Choose next-day delivery if you’re in a rush. You’ll receive the original bond form which you must sign and file with the state.
How Do I Renew My Security System Agency Bond?
Delaware security business bonds remain in effect until canceled or violated. To maintain an active policy, simply pay the renewal invoice when prompted. You’ll receive a continuation certificate to keep your original bond active.
The surety can cancel the bond at any time by giving written notice of cancellation via certified mail to the obligee 30 days prior to the effective date of termination.
More Resources
- Security Systems and Protective Services Agency Bond Form
- Security Systems & Protective Services Agency Licensing Procedures New Applications
- Security Systems and Protective Services Agency Application
- Title 24 Professions and Occupations, Chapter 12: Security Systems and Protective Services
- Security Guard Bond Guide
- SSPSA Licensing Information