Kentucky Surety Bonds

Surety Bond Requirements in KY

The Commonwealth of Kentucky requires professionals, contract workers, and companies to post a surety bond as a business licensing requirement. You must be bonded if you're an insurance adjuster, mortgage broker, public adjuster, or telemarketer operating in the Bluegrass State. There are many other professions which require bonding in Kentucky as well.

Depending on your industry and your location, you may also need to consider bonding requirements at the city or county level. For example, both Lexington and Louisville specify bonds for HVAC companies.

No matter where you are in the state, if you need a surety bond to comply with Kentucky licensing guidelines, we can help. NNA Surety Bonds has been providing affordable policies to companies and individuals across the United States since 1957.

We offer the following surety bonds in the Commonwealth of Kentucky:

Check Casher Bond

The Kentucky Department of Financial Institutions regulates check cashing businesses. Part of the licensing process involves obtaining a surety bond for varying amounts, depending on the size of your business.

  • One business location: $50,000
  • Two to five locations: $100,000
  • Six to 10 locations: $150,000
  • 11 to 20 locations: $200,000
  • 21 to 30 locations: $300,000
  • 31 to 40 locations: $400,000
  • Over 40 locations: $500,000

A surety bond is a protection for the consumer in case your business breaks the law, commits an error, or otherwise harms a consumer. When you obtain a surety bond, you agree to abide by all state laws and regulations.

You’ll pay an annual premium for your bond, which varies based on the bond amount and your credit history. Premiums start at $1,000 for a bond amount of $50,000.

Mortgage Broker Bond

A $50,000 surety bond is required by the Kentucky Department of Financial Institutions for all mortgage brokers doing business in the state. It gives consumers a measure of protection from fraudulent and illegal acts by compensating them in the event of wrongdoing by the broker. The annual premium for this bond is $375.

Public Adjuster Surety Bond

To work within the Commonwealth of Kentucky as a public adjuster, you must post a $20,000 bond as required by the KY Department of Insurance. By posting this bond, you agree to comply with applicable state law. Any consumer who suffers loss as a result of error or unlawful acts may make a claim seeking damages, up to the full bond coverage amount. Your cost for this bond is just $200 per year.

If you are seeking a bond as a non-resident public adjuster, please contact us to request your policy.

Telephone Solicitor Bond

Telemarketers are required by the Kentucky Attorney General to post a $50,000 surety bond to do business in the state. That means if your operators place calls into Kentucky, you will need this phone solicitor bond regardless of where your call center is physically located.

This bond is viewed by regulators as an important tool to protect consumers and the state against fraudulent and unethical behavior. The cost of this bond for qualifying companies is $500 per year.

Kentucky Surety Bond Costs
Bond Name Coverage Amount Cost
(Annual Premium)
Regulatory Authority
Check Casher Bond $50,000 $1,000* Kentucky Department of Financial Institutions
Mortgage Broker Bond $50,000 $375 Kentucky Department of Financial Institutions
Public Adjuster Bond $20,000 $200 Kentucky Department of Insurance
Telephone Solicitor Bond $50,000 $500 Kentucky Attorney General

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

Get Your Kentucky Surety Bond


Our knowledge of Kentucky bond requirements enables us to provide accurate quotes quickly. For guidance through the process of selecting a surety bond 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)