New York Telemarketer Bond Overview
- Purpose: To ensure telemarketers uphold state regulations
- Who Needs It: All phone solicitors contacting consumers in New York
- Regulating Body: The New York Department of State – Division of Licensing Services
- Bond Amount: $25,000
- Premium Price: $250
What Is a New York Telemarketer Bond?
A New York telemarketing bond protects consumers from fraudulent or negligent telemarketing practices. Anyone who makes telemarketing calls or supervises a telemarketer making calls to or from a customer in New York must file this $25,000 bond.
Note: Only phone calls count as telemarketing. Texting and other forms of communication are defined separately.
How Much Do Telemarketer Bonds Cost in New York?
The $25,000 New York telemarketing bond costs $250 for one year of coverage. You can buy your bond instantly online with no credit check or application.
SuretyBonds.com offers the lowest available rates from our nationwide provider network with no added fees.
How Does a Telemarketing Bond Work?
This type of license and permit bond creates a legal contract between three parties.
| Bond Party | Description |
|---|---|
| 1) Principal | The telemarketer filing the bond |
| 2) Obligee | The New York Department of State – Division of Licensing Services |
| 3) Surety | The issuing surety provider |
This bond is a financial guarantee that all telemarketing companies will comply with the Telephone Sales Protection Act. If the principal is found guilty of violating state laws in court, harmed consumers can be compensated through surety bond claims.
How Do I Get a NY Telemarketer Bond?
SuretyBonds.com provides the fastest way to get a telemarketing bond in New York. Just follow these simple steps:
- Apply Online: Fill out the quote request form on this page.
- Pay Invoice: Complete your purchase online or over the phone.
- Receive Bond: Select your shipping option to receive your official bond form.
Remember to sign and file the bond form with the Department of State.
How Fast Can I Get My Bond?
You can buy the bond online in minutes. If you’re in a rush to file with the state, SuretyBonds.com offers overnight shipping.
Purchase now to receive your original bond form the next day. We also offer three and two business day options.
How Do I Renew My Bond?
New York telemarketing bonds expire annually.
We’ll send you reminders and a renewal invoice before your bond expires. All you need to do is pay the premium to maintain coverage for another year.
How to Become a Telemarketer in New York
It only takes two steps to register for a New York telemarketing business license:
- Submit a completed application and the $500 fee to the Department of State.
- File proof of a $25,000 surety bond, certificate of deposit, or letter of credit.
Mail or deliver your application to the DOS as instructed here.
