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Several factors can affect how much your surety bond will cost. The primary factor is the risk associated with the needed bond type. Low-risk bonds such as notary bonds, for example, can be issued instantly for a low, flat rate without a credit check. Bonds with more risk, such as oil and gas well bonds, are subject to underwriting consideration since the likelihood for claims is greater.
Standard market rates for bonds that require underwriting typically fall between 1-3% of the bond amount. For example, a $50,000 vehicle dealer’s license bond would cost just $500 to $1,500 provided the applicant qualifies for a standard market.
Consulting a surety expert is the best way to determine your exact surety bond cost in Montana. You can request a free quote online instantly, or call 1 (800) 308-4358 to speak with an experienced bond specialist. We’ll work with you to get the bond you need for the lowest available rate.
Don’t let low credit scores, past due child support, bankruptcies, or other financial issues keep you from getting the bond you need. SuretyBonds.com maintains an Bad Credit Bonding Program that can approve 99% of all applicants. Our experts are dedicated to providing our clients with the surety bonds they need in Montana, no matter their financial situation.
Qualified applicants can request their premiums be financed, which is a great option for high-risk accounts.
There are thousands of unique bonding requirements out there, so we understand that finding your exact form can be confusing. Our experts can help you get the Montana surety bond you need quickly and easily. SuretyBonds.com has an extensive bond form library to search, but if we don’t have your form on hand, we’ll track it down.
You can contact a surety expert online by filling out our quick and easy contact form, or you can call 1 (800) 308-4358 to get all of your questions answered.
At SuretyBonds.com, we’ve done two important things that set us apart from the competition. The first is providing our clients with unparalleled turnaround times. We’ve accomplished this by developing a proprietary system that has allowed us to expedite the bonding process. The second is providing our clients with the lowest available premiums, which we’re able to do by maintaining relationships with the nation’s leading underwriting markets.
Fast. Easy. Accurate. That’s the service you’ll enjoy when by choosing SuretyBonds.com.
SuretyBonds.com is legally licensed to issue bonds in Montana.
Agency License # 717353
Agent Producer License # 766750