Security Guard Bond Guide
Many states secure security guards, private detectives and patrol agencies to file a surety bond as part of the licensing process. Continue reading to learn how these bonds work with this complete guide.
Bond Overview
- Purpose: To ensure security providers follow state regulations
- Who Needs It: Security and patrol agencies and related providers
- Required Amount: Varies by state, often $5,000–$25,000
- Premium Rates: Typically a flat rate of $50–$250 per year
What Is a Security Guard Surety Bond?
Security guard bonds ensure that licensed security agencies work according to state rules and regulations.
These types of surety bonds act as a legal contract between three parties:
- The principal is the security guard or agency purchasing the bond.
- The obligee is the government agency requiring the bond as part of the licensing process.
- The surety is the provider issuing the bond and financially backing the principal.
If the principal does not comply with the bond obligations, they will be held financially responsible up to the full bond amount. Unlike traditional insurance, the principal in the surety contract must reimburse the surety agency for all paid-out claims.
SuretyBonds.com is the leading provider of surety insurance. We offer the fastest and easiest bonding process in the industry.
State-Specific Bond Resources
Colorado, Connecticut, Delaware, Georgia, Iowa, Kansas, Michigan, New Jersey, Oklahoma and South Carolina require private security agencies and individuals to file surety bonds as part of their legal licensing processes.
Select your state to learn more and purchase your bond instantly online:
How to Become a Bonded Security Guard?
SuretyBonds.com provides the fastest and easiest bonding process for security guards and agencies:
- Step 1: Purchase your surety bond. We offer convenient and secure online payment options.
- Step 2: Receive your bond. Depending on your state's requirements, we'll ship you a physical document set or email you digital documentation.
- Step 3: File your bond with the obligee. Your SuretyBonds.com representative can help provide specific filing instructions for your state.
How Much Does a Security Agency Bond Cost?
Our security guard surety bonds are issued instantly at a flat rate without underwriting. Each state sets its required bond amount, so your exact cost will vary depending on location.
Premium prices are just 1% of the bond amount and start at just $50 to $100 annually, depending on the bond amount. SuretyBonds.com offers multi-year discounts to help you save up to 25% on select security agency bonds.
How Fast Can I Get My Bond?
You'll instantly receive a digital bond document via email as soon as we process your payment. If your state requires physical documents with wet, original signatures and raised seals, you can select overnight shipping to expedite physical document delivery.
