How much does a security agency bond cost in Iowa?
The Iowa Department of Public Safety requires private security, investigative, or bail agencies to post $5,000 or $10,000 surety bonds. Applicants wishing to receive only one license type need a $5,000 bond, while those needing multiple license types must get a $10,000 bond.
SuretyBonds.com issues both amounts instantly for just $100. Simply click Buy Now to visit our secure bond checkout where you can buy your bond in just a few minutes. Take the first steps to getting bonded as an Iowa private security, investigative, or bail agency today.
|Bond Type||Bond Amount||Cost|
|$5,000 Private Security Agency Bond single license type||$5,000||$100|
|$10,000 Private Security Agency Bond multiple license types||$10,000||$100|
Why do I need this bond?
By posting a private security agency bond in Iowa, the principal (security, investigative, bail agency) pledges to perform all duties according to the laws and ordinances of the state. If the agency conducts business unlawfully, the bond protects consumers and the state from financial loss.
What’s the fine print?
Iowa private security agency bonds remain in full force and effect until terminated. The surety can cancel the bond and future liability by giving written notice of cancellation to the Commissioner of Public Safety’s office in Des Moines, Iowa. Cancellation goes into effect 30 days from the receipt of this notice.
This bond form is used for private investigative agencies, private security agencies and bail enforcement agencies, so applicants should be sure to indicate the appropriate license type.
How to become a private security, investigative, or bail agency in Iowa
To become a licensed private security agency in Iowa, applicants must submit the following materials:
- Completed application form (PD1) for each individual, partner, association member or corporation
- Two fingerprint cards (FD258), which can be obtained from Public Safety
- Two color photos (size 1” by 1”) of the head and shoulders of applicant
- $100 fee for each license requested
- $30 for each set of fingerprint cards submitted
- $10 for each identification card requested
- Surety bond in appropriate amount
- Proof of financial responsibility
- Pictures, photo copies or physical descriptions of all uniforms, badges, insignia, patches and hats