Hawaii Surety Bonds

Surety Bond Requirements in HI

The State of Hawaii requires professionals, companies, and agencies to post surety bonds to protect those with whom they do business. We offer all license and permit bonds (commercial surety bonds) in the state of Hawaii, including collection agency bonds, escrow license bonds and public adjuster bonds.

Most surety bonds in Hawaii are required by state agencies. Only a few bonds are required at the municipal level. For example, Honolulu requires contractors to be bonded when applying for a grading permit or stockpiling permit.

To make sure you are in compliance with Hawaii bonding regulations, speak with one of our experts today. NNA Surety Bonds has decades of experience providing reliable coverage for businesses in need of HI license and permit bonds.

Get Your Hawaii Surety Bond


We offer the following surety bonds in the state of Hawaii:

Collection Agency Surety Bond

The Hawaii Department of Commerce and Consumer Affairs requires collection agencies to apply for a business license and post a $25,000 surety bond for the primary location, plus a $15,000 bond for each branch office. The bond agreement states that you will comply with all requirements of Chapter 443B, HRS and any other statutes with respect to the duties, conduct, obligations and liabilities of collection agencies. Anyone claiming to have sustained financial loss due to breach of the bond’s conditions may bring action to recover damages. If damages are awarded, you must repay the surety company in full.

The price of this bond starts as low as $250 per year for the $25,000 bond, and will vary with underwriter assessment of your credit rating and the financial strength of your business.

Escrow Depository Surety Bond

Hawaii’s Commissioner of Financial Institutions requires anyone operating an escrow depository to acquire a license and post a $100,000 surety bond. According to Hawaii Revised Statues 449-9, the company holding the bond agrees to receive, hold, deliver and properly account for all funds or property entrusted to it. Failure to do so could result in the injured party filing a claim against the bond. If damages are awarded, you would have to repay the surety in full.

The premium for this bond will be a small percentage of the bond coverage amount, and will be subject to assessment of your credit score and the financial strength of your business.

Mortgage Servicer Bond

A mortgage servicer bond of $100,000 is required by the Hawaii Department of Commerce and Consumer Affairs to protect your clients. Filing a surety bond demonstrates your commitment to fulfill all your duties towards borrowers and mortgagees, as specified in 454M of the Hawaii Revised Statutes. Please note that this bond is required for anyone who services mortgage loans in Hawaii, even if your business is not based in the state.

Your annual premium will be a percentage of the bond amount. Depending on your credit history, premiums may be as low as $750.

Public Adjuster Surety Bond

To become a licensed public adjuster, you’ll need to post a $10,000 surety bond to the Insurance Division of the Hawaii Department of Commerce and Consumer Affairs. The bond contract requires that you treat customers fairly, handle funds honestly and transparently and pay all taxes and fees to the state. The premium for this bond varies depending on your credit history, but it is typically $100 for a one-year term.

Hawaii Surety Bond Costs
Bond Name Coverage Amount Cost (Annual Premium) Regulatory Authority
Collection Agency Bond $25,000 $250* Hawaii Department of Commerce and Consumer Affairs
Escrow License Bond $100,000 $1,000* Hawaii Commissioner of Financial Institutions
Mortgage Servicer Bond $100,000 $750* Hawaii Department of Commerce and Consumer Affairs
Public Adjuster Bond $10,000 $100* Hawaii Insurance Division

*Cost can vary depending on the bond amount required and your credit rating.

Our knowledge of Hawaii bond requirements enables us to provide accurate quotes quickly. For guidance through the process of selecting surety bonds for your business, talk to one of our experts today.

For faster service, call us at 855-215-2160
Monday to Friday, 6 a.m. to 5 p.m. (PT)