Most Popular Bonds in Michigan
Required for individuals who sell beer, wine, or spirits at a nonprofit event
Required for individuals who collect payments for debts owed to a third party
Required for individuals who work with borrowers to complete residential mortgage loans
Required for individuals who manufacture, store, or sell alcoholic beverages at wholesale
A surety bond’s cost can be influenced by several factors, primarily the risk associated with the specific bond type. Applicants who need low-risk bonds, such as notary bonds, can expect to pay a low, instantly approved rate. Applicants looking for bonds with greater risk, such as mortgage loan originator bonds, receive pricing after a credit review.
Pending underwriting consideration, standard market rates typically fall between 1%-3% of the required bond amount. For example, a $10,000 vehicle dealer bond usually costs just $100-$300 providing the applicant qualifies for a standard market.
The best way to determine your exact surety bond cost is to consult a surety expert. You can request a free quote online instantly, or call 1 (800) 308-4358 to speak with an experienced bond specialist. Choose SuretyBonds.com to ensure you get the surety bond you need in Michigan for the lowest available rate.
Don’t let low credit scores, bankruptcies, past-due child support, or other problems keep you from getting approved for your bond. Applicants with financial issues can take advantage of our exclusive Bad Credit Bonding Program that features underwriting markets specializing in nonstandard accounts. This means SuretyBonds.com can approve 99% of applicants – no matter their financial situation.
Qualified applicants can also request their premiums be financed, which is a great option for high-risk accounts. What are you waiting for? Request your approval now!
There are thousands of specific surety bond types out there, so we know selecting the exact Michigan surety bond you need can be confusing. That’s where we come in!
As a bond-only agency, surety bonds are all we do. This means we have the tools and knowledge to provide the surety bond you need quickly and easily so you can focus on what you do best: running your business. You can request your bond instantly online, or you can call 1 (800) 308-4358 to speak with a surety expert about your bonding needs. We have an extensive bond library to search, but if we don’t have your form on hand, we’ll track it down.
Clients who choose SuretyBonds.com enjoy fast, easy, and accurate bonding services. Our state- of-the-art proprietary bonding system allows us to provide clients with top-notch service and unparalleled turnaround times. We also maintain valuable relationships with the nation’s leading surety underwriters, which means our clients qualify for the best premium rates available.
There’s strength in numbers, and the experts at SuretyBonds.com have handled more than 25,000 bonding requests. Contact us today to see how we can help you.
SuretyBonds.com is legally licensed to issue bonds in Michigan.
Agency License # 0518463
Agent Producer License # 91620