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Most Popular Bonds in Washington D.C.
- Contractor License Bonds
Required for individuals licensed as contractors in certain trades
- Mortgage, Transmitter, Finance, Lender or Check Casher Bond
Required if you work as a mortgage broker/lender, money transmitter, check casher, retail seller or money lender
- Appraisal Management Company Bond
If you own or operate an appraisal management company, you must be bonded.
- Motor Vehicle Dealer Bond
Required for individuals who buy, sell, exchange, or otherwise deal new or used vehicles or trailers
- Energy Broker Bond
Required for individuals licensed to broker energy services on behalf of utility companies
- Private Detective Bond
Required for individuals licensed as private detectives by the Security Officers Management Branch
- Consumer Goods Dealer Bond
Required for individuals who perform repair services on vehicles for compensation
- Business Service Bond
Those who work in clients' homes or businesses purchase these bonds to protect against theft
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District of Columbia Surety Bond Costs
“How much will my surety bond cost?” is the most common question our clients ask. Although several factors impact your exact surety bond cost, the primary factor is risk. “High risk” means there’s an increased chance that a claim will be made against a bond; these bonds typically require underwriting consideration. Low-risk bonds, on the other hand, can often be issued instantly for a set price.
$25,000 Washington, D.C. appraisal management company bonds, for example, are issued instantly at $250 for a 1-year term. Energy broker bonds, though also issued for D.C., require a review of the applicant’s credit history and bond amount. This bond can cost as low as $150, depending on the applicant’s credentials.
Consulting a surety professional is the best way to determine your exact surety bond cost in Washington D.C. You can request your free quote online, or you can call 1 (800) 308-4358 to speak with an experienced bond specialist. SuretyBonds.com works with you to provide the lowest available rate, no matter your circumstances.
Determining Your Washington, D.C. Bond Type
With thousands of unique surety bond forms available nationwide, we know that determining the exact one you need can be confusing. Washington, D.C. has a variety of surety bond requirements, and it’s important to provide the right bond to earn licensure or protect a title on a vehicle, for example.
Contacting the obligee — the entity requiring the bond — is the best way to ensure you’re obtaining the correct bond. The department, office, or board requiring the bond can connect you with the bond form needed, as well as your required bond amount. These two pieces of information can speed up the bonding process when you work with SuretyBonds.com and guarantee you’re getting the bond you need at the best price available.
The SuretyBonds.com Advantage
Our mission is to provide every client with fast, easy, and accurate service while offering the best available rate. We achieve this by maintaining relationships with the nation’s leading surety underwriters, which ensures our clients have access to the lowest premiums. Over the years, we’ve also perfected our proprietary bonding system, which allows us to provide clients with unparalleled turnaround times.
District of Columbia License Information
SuretyBonds.com is legally licensed to issue bonds in [State].
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