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New Hampshire Health Club Bond

How much does a health club bond cost in New Hampshire?

A surety bond for not less than $50,000 is required by the New Hampshire Department of Justice if one wishes to start a health club. The state determines the amount of the bond, so applicants should verify the required amount before bonding. These bonds are credit-based, meaning that the premium an applicant will pay is determined by a review of their credit. Applicants with excellent credit could pay as little as 1% of the total bond amount.

We offer free, personalized bond quotes for all applicants! Simply submit a bond request to get started!

Bond Type Bond Amount Cost by Credit Score*
680 and up 679 - 600 599 or lower
Health Club Bond $50,000 Starts at $500 $2,000-4,000 $5,000+ Apply Now
*The bond premium rate quotes provided to you through this website are for pricing comparisons and quotation estimate purposes only. The bond rate quotes provided are based on general assumptions that may or may not be applicable to you and are subject to change at any time. These rate quotes do not constitute an offer of insurance, nor is any contract, agreement, or bond coverage implied, formed or bound by the provision of rate quotes. Bondability, final bond premium rate quotes and an offer of insurance, if any, will be determined by the insurance company providing your bond. You must contact us directly to obtain a quote for binding purposes.

Give us a call at 1 (800) 308-4358 or apply online to receive a free bond quote. Our team of experts makes the bonding process fast, easy and accurate.

Why do I need this bond?

The New Hampshire Department of Justice requires health clubs to file a bond in accordance with Trade and Commerce Chapter 358-I. If the health club violates any of these terms, a claim can be filed against the bond in order for club members to recoup any financial loss up to the full bond amount. The club must then reimburse the surety for damages paid out.

What’s the fine print?

Health club bonds are continuous and must be renewed annually until there is a claim against the health club or it is cancelled. A surety can cancel the bond with a written notice to the Department of Justice 30 days before its effective date.

How to become a health club in New Hampshire

To become a registered health club, an applicant must file at least a $50,000 surety bond. In addition to the bond, an applicant must submit the following:

  • Proof they are 18 years or older
  • A registration with the Department of Justice
  • a $100 registration fee

Complete Licensing information can be accessed in the important links section below.

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Trade and Commerce Chapter 358-I

Health Club Registration Application

Department of Justice Contact Information

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