California requires different kinds of surety bonds for specific professionals, contract workers, and companies to conduct business in the state. Once you have the right bond for your business, you may be required to file your bond with the appropriate state or county regulator.
California bond terms vary from 1 to 4 years, depending on the specific type of bond you purchase. You must file a renewal or continuation before your existing bond expires should you wish to continue to run your business.
If you need a surety bond to comply with the state's bonding regulations, we can help. NNA Surety Bonds has been a national bond provider since 1957. We're your one-stop shop for license and permit bonds in California.
There are several types of bonds that California contractors may be required to file. A contractor license bond is required for state licensure. Those who are having their license qualified by another individual should also file a Bond of Qualifying Individual. Businesses structured as an LLC will need an LLC Employee/Worker Bond. Lastly, a disciplinary bond is only required for contractors who have violated California’s licensing laws.
The State of California requires staffing agencies to post a $3,000 bond to show that your business is in compliance with the financial requirements of the state’s civil code. Qualified applicants may receive a premium as low as $175.
Also called an escrow licensee bond, this $25,000 California escrow agent bond is required by the state, protecting the public from any unprofessional conduct or fraud. The premium amount is $250 for qualified agencies.
When a construction project involves moving an amount of earth that exceeds city or county limits, a grading permit bond is required to ensure the work is completed according to approved plans and applicable laws. A grading permit surety bond can cost as low as 0.875% of the bond amount, depending on the jurisdiction.
If you’re a registered immigration consultant in California, you are required to post a $100,000 immigration consultant bond. Premiums range from $1,250 to $4,000 for the two-year bond, based on the immigration consultant’s personal credit score.
As a legal document assistant in California, you must post a California LDA bond of at least $25,000 to ensure you’re adhering to the California Business and Professions Code. The premium for this bond is only $299 for two years.
A $50,000 coverage bond, the California motor vehicle dealer bond is posted to ensure that you, the seller, conduct business in compliance with California vehicle code. Car buyers are protected from financial consequences of any violation of the vehicle code by the dealer. Premiums range from $400 to $2,500, depending on your credit rating.
The DMV will require you to purchase a $25,000 California motor vehicle registration service bond if your work involves approving or renewing vehicle registration ownership or transfers to owners. The premium is $250.
This $12,500 California pest control bond is required by your exterminator company to show that it complies with the financial guarantee requirements of the Business and Professions Code. It also protects any client who is a victim of fraud or carelessness by employees of your company in the event that your company becomes financially insolvent. The premium for pest control bonds in California starts as low as $120.
By posting this $2,000 California process server bond, you agree to follow Division 8 of the Business and Professions Code of California, which underlines regulations you must comply with in your capacity as process server. Qualified applicants receive a premium of $49.
If you commit any unlawful acts as a public insurance adjuster, the $20,000 California public insurance adjuster bond protects your clients from financial loss up to the bond amount. The premium for this bond is $100.
If your talent agency is involved in employing a person or entity in the entertainment industry, you are required to have a talent agency bond of $50,000 in the state of California. This surety bond carries a premium of $500 for qualified agencies.
A California tax preparer bond of $5,000 helps protect your clients from misconduct that would result in financial harm to them. The premium for this surety bond is $25.
|Bond Name||Coverage Amount||Cost (Annual Premium)||Regulatory Authority|
|Contractor License Bonds||Varies||Varies*||Contractors State License Board|
|Employment Agency Bond||$3,000||$175||California Secretary of State|
|Escrow Agent Bond||$25,000||$250||State of California, Commissioner of Corporations|
|Grading Permit Bond||Varies||Varies||Varies|
|Immigration Consultant Bond||$100,000||$1,250-$4,000* (two years)||California Secretary of State|
|Legal Document Assistant Bond||$25,000||$299 (two years)||County Clerk Registrar-Recorder|
|Motor Vehicle Dealer Bond||$50,000||$400-$2,500*||State of California, Department of Motor Vehicles|
|Motor Vehicle Registration Service Bond||$25,000||$250||State of California, Department of Motor Vehicles|
|Pest Control Bond||$12,500||$120||State of California, Structural Pest Control Board|
|Process Server Bond||$2,000||$49||Office of the County Clerk|
|Public Insurance Adjuster Bond||$20,000||$100||State of California Department of Insurance|
|Talent Agency Bond||$50,000||$500||State of California Department of Industrial Relations|
|Tax Preparer Bond||$5,000||$25||State of California Franchise Tax Board|
* Cost can vary depending on the bond amount required and your credit ratingOur knowledge of California bond requirements enables us to provide accurate quotes quickly. For guidance through the process of selecting surety bonds in California, whether you're starting a new business or renewing an existing surety bond, talk to one of our experts today.