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License and Permit Bond

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  • License and Permit Bond
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What is a License and Permit Bond?

License and permit bonds are a specific type of surety bonds required by many commercial business industries. Businesses are required to purchase license and permit bonds in their industry by federal, state, and local governments. These bonds must be purchased before the business can be licensed or perform certain types of work. This type of surety bond is often referred to as “permit bonds” or “license bonds.”

The bond protects consumers. It guarantees that the business will follow all laws and regulations of federal, state, and local government agencies. Each industry has its own distinct license and permit bonds.

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Types of License and Permit Bonds

  • Airline Reporting Bond
  • Appraisal Management Company Bond
  • Auctioneer Bond
  • Auto Dealer Bond
  • Collection Agency Bond
  • Contractor License Bond
  • Credit Service Organization Bond
  • DMEPOS Bond
  • DMEPOS Competitive Bidding Program Bond
  • Energy Broker Bond
  • Federal Maritime Commission (FMC-48) Bond
  • Freight Broker Bond (BMC-84)
  • Health Club Bond
  • Hunting and Fishing License Bond
  • Insurance Adjuster Bond
  • Insurance Broker Bond
  • Medical Marijuana Bond
  • Medicaid Provider Bond
  • MMA Promoter Bond
  • Money Transmitter Bond
  • Mortgage License Bond
  • Notary Bond
  • Outdoor Advertising Bond
  • Payday Loan Bond
  • Patient Trust Bond
  • Pawnbroker Bond
  • Pharmacy Bond
  • Preneed Funeral Bond
  • Private School Bond
  • Professional Employment Organization (PEO) Bond
  • Right of Way Bond
  • Surplus Lines Broker Bond
  • Telemarketing Bond
  • Travel Agency Bond
  • Used Car Dealer Bond
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What is the cost of a License and Permit Bond?

License and permit surety bonds typically have a minimal cost, sometimes as low as 1%. The process involves taking a look at the financial history of the applicant. This means that the actual price for the license and permit bond is determined by their credit. Those with better credit will generally be approved at a lower premium.
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What if I have bad credit?

JM Surety is proud to offer competitive rates to applicants whose credit profile doesn’t qualify for the preferred rate.
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When will I receive my bond?

Many license and permit bonds can be issued instantly.
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Why should I choose JM Surety?

JM Surety strives to consistently offer the lowest rates available. We don’t charge broker fees and customer satisfaction is a major priority.

Testimonials

I received multiple quotes, JM surety was the lowest so I had my dealer bond issued by them. It took about 3 hours since I applied online until I received the ...
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Mark P
I received multiple quotes, JM surety was the lowest so I had my dealer bond issued by them. It took about 3 hours since I applied online until I received the surety bond in my email. Very responsive and great custom are service. I will definitely used them again should I need it.
Mark P
Mark P
I was needing an auto dealer bond, my auto insurance agent recommended JM Surety. I sent an application online and received a quote in 1 hour. JM Surety quote came at $250 ...
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Sumit ira Patel
I was needing an auto dealer bond, my auto insurance agent recommended JM Surety. I sent an application online and received a quote in 1 hour. JM Surety quote came at $250 when other companies quote was over $600. Needless to say I accepted JM Surety quote and received my surety bond in the email 20 minutes after paying. What else I can say, fastest service ever received. Their online process is top notch. Highly recommended.
Sumit ira Patel
Sumit ira Patel
I can’t tell you how easy it was to purchase my dealer bond through this company.Was a little hesitant at first, never have purchased such an important document ...
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A CH
I can’t tell you how easy it was to purchase my dealer bond through this company.Was a little hesitant at first, never have purchased such an important document via online.Excellent service and response to my immediate need was very professional.Thank you Ms Jill!
A CH
A CH
Needed a Construction Bond for the City, Jill came Through Very Quickly for us BCS Extremely Happy with her Service. Great Work!
Mike Cantu
Needed a Construction Bond for the City, Jill came Through Very Quickly for us BCS Extremely Happy with her Service. Great Work!
Mike Cantu
Mike Cantu