Ohio Phone Solicitor Bond Overview
- Purpose: To protect consumers from fraudulent, misleading or abusive telemarketing practices
- Who Needs It: All telephone solicitors employing salespersons in Ohio
- Regulating Body: The Ohio Attorney General
- Bond Amount: $50,000
- Minimum Price: $500; credit-based
What Is an Ohio Telephone Solicitor Bond?
An Ohio telephone solicitor bond protects consumers from illegal, abusive or deceptive phone solicitations. The Attorney’s General’s Division of Consumer Protection requires all telephone solicitors to file $50,000 bonds as financial security.
Who Needs a Telephone Solicitor Bond?
Anyone that employs one or more salespersons who make phone solicitations from within Ohio or to people located in Ohio needs this bond.
How Much Do Telephone Solicitor Bonds Cost?
The Ohio phone solicitor (telemarketer) bond costs 1–10% depending on the applicant’s financials. With strong credit, you could pay as low as $500 for your $50,000 bond. Apply today for your no-obligation quote.
SuretyBonds.com offers the lowest available rates from our nationwide provider network with no added fees.
How Does an Ohio Telephone Solicitor Bond Work?
A telemarketing/telephone solicitor bond creates a legally-binding contract between three parties.
| Bond Party | Description |
|---|---|
| 1) Principal | The telephone solicitor filing the bond |
| 2) Obligee | The Ohio Attorney General |
| 3) Surety | The issuing surety provider |
As the bond principal, you promise to uphold all laws and rules in the Ohio Telephone Solicitation Sales Act. If you don’t, the bond guarantees that consumers can be compensated for damages.
How Do I Get a Telephone Solicitor Bond?
SuretyBonds.com provides the fastest way to get a telemarketing bond in Ohio. 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 your company registration packet.
Can I Get Bonded With Bad Credit?
Underwriters will do a soft credit preview to determine your rate. Most applicants can still qualify with bad credit, however it may increase your quote.
How Do I Renew My Bond?
Ohio phone solicitor 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 Telephone Solicitor in Ohio
All telephone solicitors must register with the OAG’s Telephone Solicitation Sales Act (TSSA) Registration Unit. Follow the Ohio TSSA Registration Instructions guide to ensure you complete all the requirements.
Mail your registration fee check, surety bond and forms to this address:
Ohio Attorney General's Office, Consumer Protection
Attn: TSSA Registration Unit
30 E. Broad St., 14th Fl.
Columbus, OH 43215
