City of Gary Security Services Bond Guide
If you’re applying for a private security provider license in the City of Gary, Indiana, you’ll need this surety bond.
Bond Overview
- Purpose: To protect clients from potential harmful behaviors by private security agents
- Who Needs It: Individual security providers in Gary, IN
- Regulating Body: The City of Gary
- Required Coverage: $50,000
- Premium Rate: $250 for a 1-year term
Learn all about the bond requirements and process in this guide.
What Is a City of Gary Security Services Bond?
A City of Gary, IN security services bond guarantees clients that security providers will work according to local laws and regulations.
The City of Gary requires this bond as part of the licensing process for security services providers in the city.
How Much Do Security Services Bonds Cost in Gary, IN?
A $50,000 City of Gary security services bond costs a flat rate of $250 for a 1-year term. Or, you can save 25% by selecting a multi-year term.
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How Do I Get My Bond?
With SuretyBonds.com, you can buy your Gary, Indiana security services 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 Gary Security Services Bond Work?
As with all surety bonds, a security services bond creates a legal contract between three parties:
- Principal: You, the security services provider filing the bond
- Obligee: The City of Gary requiring the bond
- Surety: The provider issuing the bond
This holds you financially responsible for upholding local licensing rules and safety 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 security services bond, simply pay your renewal invoice when prompted.
We’ll begin contacting you by phone and email 90 days before the expiration date.