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Most Popular Bonds in Michigan
- Business Service Bonds
Those who work in clients' homes or businesses purchase these bonds to protect against theft. Get your business service bond instantly online starting at just $125 for a 1-year term.
- Collection Agency Bond
If you collect payments for debts as an individual or on behalf of a business, you must be bonded.
- Mortgage Loan Originator Bond
Required for individuals who originate residential mortgage loans
- Non-Retail Liquor License Bond
Required for individuals who manufacture, store, or sell alcoholic beverages at wholesale
- Notary Bond
Required for public officers who witness and verify documents and administer oaths
- Special Event Alcohol Provider Bond
If you are part of a nonprofit organization hoping to sell beer, wine or spirits at an event, you must be bonded.
- Certificate of Title Bond
Required for individuals who own vehicles with insufficient proof of ownership
- Vehicle Dealer Bond
Required for individuals who sell 5 or more vehicles per year
Don't see the bond you're looking for? No problem! Search the table below, or call 1 (800) 308-4358 and let our experts find it for you!
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What is a Michigan surety bond?
Michigan surety bonds are financial guarantees that specific obligations will be completed according to mutual terms. They protect consumers and government entities from malpractice and are often required to receive a business license or permit in Michigan.
How much does a surety bond cost in Michigan?
The cost for surety bonds in Michigan often ranges between 1% and 10% of the bond amount. Many low-risk bonds cost a standard premium, while higher-risk bonds typically require underwriting to determine the exact cost.
Factors Impacting Your Michigan Bond Cost
- Bond Amount
- Bond Type
- Personal Credit Score
- Professional Experience
- Assets & Liquidity
- Business Financials
Requesting an online quote is the best way to determine your exact surety bond cost in Michigan. Our experts will find the lowest rate for you, no matter your circumstances.
How to Get a Surety Bond in Michigan
The process of getting bonded in Michigan is simple. Our experts are available to help you through each step:
- Contact the obligee requiring the bond to determine which one you need.
- Submit a free online application with SuretyBonds.com.
- We’ll instantly review your application and provide a quote.
- Pay your bond premium and receive your bond immediately.
- Sign and file your bond with the obligee.
Work with SuretyBonds.com to experience the nation’s fastest bonding process.
The SuretyBonds.com Advantage
Our mission is to provide every client with fast, easy and accurate service while offering the best available rate. We work with the nation’s leading surety underwriters to ensure our clients receive the lowest premiums. We’ve also perfected our proprietary bonding system, which allows us to provide unparalleled turnaround times.
Michigan License Information
SuretyBonds.com is legally licensed to issue bonds in Michigan.
Agency License # 0518463
Agent Producer License # 91620