City of Des Moines Peddler Bond Guide
If you’re applying for a peddler’s employer license in Des Moines, Iowa, you’ll need this surety bond.
Bond Overview
- Purpose: To hold peddler accountable for operating honestly and legally
- Who Needs It: All peddler employers with 5+ applicants working in City of Des Moines
- Regulating Body: The City of Des Moines
- Required Coverage: $1,000
- Premium Rate: $100 for a 1-year term
Learn all about the bond requirements and process in this guide.
What Is a City of Des Moines Peddler Bond?
In Des Moines, Iowa, peddler license bonds protect the public from unlawful business practices and solicitations.
The bond allows for financial recourse if a peddler licensee doesn’t pay taxes or fees, breaks license regulations, or causes other damages.
How Much Do Peddler Bonds Cost in Des Moines?
A $1,000 City of Des Moines, Iowa peddler 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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How Do I Get My Bond?
With SuretyBonds.com, you can buy your Des Moines peddler 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 1 (800) 308-4358 for assistance.
How Does a City of Des Moines Peddler Bond Work?
As with all surety bonds, a peddler license bond creates a legal contract between three parties:
- Principal: You, the peddler licensee filing the bond
- Obligee: The City of Des Moines requiring the bond
- Surety: The provider issuing the bond
This holds you financially responsible for upholding all applicable municipal ordinances, codes 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 responsible for refunding the surety.
How Do I Renew My Bond?
These bonds expire annually. To renew your peddler license bond, simply pay your renewal invoice when prompted.
We’ll begin contacting you by phone and email 90 days before the expiration date.