Massachusetts Cosmetology and Barbering School Bond Guide
If you’re opening a cosmetology or barbering school in Massachusetts, you’ll likely need this surety bond.
Bond Overview
- Purpose: To guarantee beauty schools follow licensing rules and protect tuition-payers
- Who Needs It: Cosmetology and beauty school owners
- Regulating Body: The Massachusetts Board of Registration of Cosmetology and Barbering
- Required Coverage: $10,000 or $20,000
- Premium Rate: 1–10%, credit-based
Learn all about the bond requirements and process in this guide.
What Is a Massachusetts Cosmetology and Barbering School Bond?
A Massachusetts cosmetology and barbering school bond guarantees that schools fulfill their regulatory obligations and protect prepaid tuition funds if a school goes out of business.
The state typically requires $10,000 or $20,000 bond coverage based on the number of students enrolled.
How Much Do Massachusetts Cosmetology School Bonds Cost?
Massachusetts cosmetology and barbering school bonds cost a small percentage of the bond amount, typically 1–10%.
That means you could pay as low as $100 for $10,000 coverage or $200 for a $20,000 bond. Exact rates vary based on personal credit score. Apply for your free quote now!
SuretyBonds.com offers the lowest available rates from our nationwide provider network with no added fees.
Who Needs a Cosmetology and Barbering School Bond?
The Massachusetts Board of Registration of Cosmetology and Barbering requires this bond as part of the licensing process for the following types of schools:
- Cosmetology
- Barbering
- Aesthetics
- Haridressing
- Electrolysis
- Manicuring
How Do I Get My Bond?
SuretyBonds.com provides the fastest and easiest way to get a Massachusetts cosmetology and barbering school bond.
Just follow these quick steps:
- Apply: Submit an online quote request form
- Quote: Receive your quote within one day
- Sign: Complete the indemnity agreement
- Buy: Purchase the bond online 24/7
We’ll mail you the bond via your preferred shipping method. Be sure to file the bond with the Board as instructed.
If you have any questions, call our friendly surety experts at 1 (800) 308-4358 for assistance.
How Does a Massachusetts Beauty School Bond Work?
As with all surety bonds, a beauty school bond creates a legal contract between three parties:
- Principal: You, the cosmetology and barbering school owner(s) filing the bond
- Obligee: The Board of Registration of Cosmetology and Barbering requiring the bond
- Surety: The provider issuing the bond
This holds you financially responsible for upholding the provisions of Section 87BB of Massachusetts General Laws.
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 cosmetology and barbering school bond, simply pay your renewal invoice when prompted.
We’ll begin contacting you by phone and email 90 days before the expiration date.
