California Cargo Shipper's Agent Bond
Bond Requirements & Set Rates
| Bond Amount Required | Annual Premium |
| $10,000 | $100 |
Cargo shipper’s agents responsible for arranging transportation of property, negotiating or booking shipments with licensed carriers, and maintaining accurate transaction records in compliance with state regulations must secure a surety bond to operate in California.
Required by the California Department of Insurance, the California cargo shipper’s agent bond ensures agents follow applicable laws and serves as a financial guarantee to the public.
Cost of a California Cargo Shipper’s Agent Bond
The $10,000 California cargo shipper’s agent bond is available for $100 with NNA Surety.
How the California Cargo Shipper’s Agent Bond Works
A California cargo shipper’s agent bond is a three-party agreement involving the principal (cargo shipper’s agent), obligee (Department of Insurance), and surety (bonding company issuing the bond).
The cargo shipper’s agent bond guarantees payment to any affected party should the agent violate regulations, such as misrepresenting services or mishandling customer funds. In the event an injured party files a claim against the bond and the surety validates it, the surety pays damages up to the bond amount and the agent is then legally required to reimburse the surety.
Get Your California Cargo Shipper’s Agent Bond Today
Meet California state requirements quickly and affordably with NNA Surety. Our streamlined application process makes it easy to get bonded and stay compliant. Complete this form to get your cargo shipper’s agent license moving forward.