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Most Popular Bonds in Idaho
- Business Service Bond
Those who work in clients' homes or businesses purchase these bonds to protect against theft
- Collection Agency or Credit Services Bond
Required for individuals who collect or receive payments owed to others
- DMEPOS Bond
If you are enrolled in the Medicare program as a supplier of durable medical equipment, prosthetics, orthotics and supplies, you must be bonded.
- Freight Broker Bond (BMC-84)
Required by the FMCSA for those who operate as a freight broker or freight forwarder
- HVAC Specialty Contractor Bond
Heating, ventilation and air conditioning contractors working in Idaho must be bonded.
- Notary Bond
Required for individuals who acknowledge signatures and administer oaths or affirmations
- Proprietary School Bond
Required if you run a postsecondary school that offers courses but does not grant degrees
- Vehicle and Vessel Dealer Bond
Required for individuals who display vehicles for sale or exchange
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Idaho Surety Bond Costs
“How much will my surety bond cost?” is the most common question our clients ask. Although several factors impact your exact surety bond cost, the primary factor is risk. “High risk” means there’s an increased chance that a claim will be made against a bond; these bonds typically require underwriting consideration. Low-risk bonds, on the other hand, can often be issued instantly for a set price.
$2,000 Idaho HVAC specialty contractor bonds, for example, are issued instantly at $250 for a 3-year term. Collection agency bonds, though also issued for Idaho, require a review of the applicant’s credit history and bond amount. This bond can cost as little as $100, depending on the applicant’s credentials.
Consulting a surety professional is the best way to determine your exact surety bond cost in Idaho. You can request your free quote online, or you can call 1 (800) 308-4358 to speak with an experienced bond specialist. SuretyBonds.com works with you to provide the lowest available rate, no matter your circumstances.
Determining Your Idaho Bond Type
With thousands of unique surety bond forms available nationwide, we know that determining the exact one you need can be confusing. Idaho has a variety of surety bond requirements, and it’s important to provide the right bond to earn licensure or protect a title on a vehicle, for example.
Contacting the obligee — the entity requiring the bond — is the best way to ensure you’re obtaining the correct bond. The department, office, or board requiring the bond can connect you with the bond form needed, as well as your required bond amount. These two pieces of information can speed up the bonding process when you work with SuretyBonds.com and guarantee you’re getting the bond you need at the best price available.
The SuretyBonds.com Advantage
Our mission is to provide every client with fast, easy, and accurate service while offering the best available rate. We achieve this by maintaining relationships with the nation’s leading surety underwriters, which ensures our clients have access to the lowest premiums. Over the years, we’ve also perfected our proprietary bonding system, which allows us to provide clients with unparalleled turnaround times.
Idaho License Information
SuretyBonds.com is legally licensed to issue bonds in Idaho.
Agency License # 324131
Agent Producer License # 395322