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Learn More About Talent Agency Bonds
Individuals, companies, firms, partnerships, associations, corporations, limited liability companies, managers, agents, or employees that manage clients in the entertainment industry are required to obtain a surety bond in states like California and Florida.
These financial guarantee bonds ensure that principals (talent agents) comply with all relevant provisions, rules, and regulations. If the principal does not conduct business in a lawful manner, the bond protects harmed parties from financial loss up to the full amount of the bond. The principal must reimburse the surety for all damages paid out.
Screen Actors Guild-American Federation of Television and Radio Artists-franchised agencies outside of California must obtain a SAG-AFTRA Talent Agency Bond. If you are a Screen Actors Guild-American Federation of Television and Radio Artists-franchised agency inside California, you are required to be bonded as such. All other talent agencies in California must obtain a standard talent agency surety bond.
How much will my Talent Agency Bond cost?
Florida Talent Agency Bonds set at $5,000 cost just $50 per year, with the state-required 2-year term bringing the premium total to $100.
California Talent Agency Bonds set at $50,000 require underwriting. In most cases, applicants with good credit can expect to pay annual rates that start at just 1% of the bond amount. Because they guarantee financial payments, talent agency bonds premiums cannot be financed.
The best way to determine your Talent Agency Bond cost is to get a free, no-obligation price quote from SuretyBonds.com today.
How do I apply?
SuretyBonds.com provides every client with a fast, easy, and accurate surety bond process.
- Step 1: Submit your application online 24/7. Or, call us at 1 (800) 308-4358 between 7 a.m. and 7 p.m. CST Monday through Friday to speak with a surety expert.
- Step 2: Get your free quote.
- Step 3: Pay for your bond. We offer quick, easy, and convenient online payment options 24/7.
How fast can I get my bond?
Whether you're in California, Florida, or somewhere in between, you can expect a same-day document issuance when you purchase your talent agency surety bond. Since both California and Florida allow digital bond filing, you'll receive your official document set via e-mail once it's been issued.
If you have additional questions, fill out a quick and easy contact form online or call 1 (800) 308-4358 to speak with a surety bond expert.