Montana Surety Bonds

Surety Bond Requirements in MT

The state of Montana requires certain professionals, businesses and some individuals to post a surety bond to protect those with whom they do business. At the local level, certain cities or counties have bonding requirements, too.

Municipalities such as Billings, Helena, and Kalispel require licenses and bonding for various professionals. Kalispel, for example, requires bonding of city electricians. Meanwhile, the city of Helena requires transient merchants to be bonded.

To make sure you are in compliance with Montana bonding regulations, talk to one of our experts at NNA Surety Bonds. We’ve been providing affordable bond policies to companies and individuals across the U. S. since 1957. We carry several popular Montana policies, including:

  • Contractor bonds
  • Motor vehicle dealer bonds
  • Escrow agency bonds
  • Telemarketer bonds

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

Contractor License Bond

In Montana, only water well contractors are required by the state to file a surety bond. However, some municipalities require bonding for other types of contractors. For example, Missoula requires paving contractors, excavation contractors, and gas fitting contractors to be bonded.

On a state-wide level, Montana’s Board of Water Well Contractors requires a $4,000 bond for individual contractors or a $10,000 bond for a firm, corporation, or partnership.

Your bond’s cost will be a small percentage of the policy’s coverage amount and will depend on your credit score and the financial strength of your business.

Escrow Business License Bond

The Montana Division of Banking and Financial Institutions requires all escrow business license applicants to obtain a $100,000 bond. Montana uses the Nationwide Multistate Licensing System (NMLS) to administer mortgage business licenses.

Your premium for this $100,000 bond can be as low as $1,000, based upon your credit rating.

Motor Vehicle Dealer Surety Bond

To become licensed as a new (franchised) vehicle dealer or used vehicle dealer in Montana, you must post a bond to the Title and Registration Bureau of the Motor Vehicle Division of the Montana Department of Justice.

  • If you are selling only non-street legal snowmobiles, motorcycles or quadricycles and boats, a $5,000 bond is required.
  • If any of those vehicles are street-legal, the mandatory bond is $15,000.
  • For all others, such as car and truck dealers, a $50,000 bond is required.

Bond premiums for your auto dealership will vary depending on your credit strength and business history, but typically cost only a small percentage of the policy’s full coverage amount.

Telemarketing Registration Surety Bond

Telemarketers who wish to register in Montana are required by the Office of Consumer Protection to post a $50,000 surety bond. Montana requires that this bond be issued for a two-year period. With good credit and business financials, your premium for this bond can be as low as $500.

Telemarketing bonds provide indemnification to the state for anyone suffering a loss as a result of violating provisions of the Montana Telemarketing Registration and Fraud Prevention Act. If a claim is upheld, the injured party may receive payment up to the full bond liability amount. This money must then be repaid to the surety by the telemarketer who posted the bond.

Montana Surety Bond Costs
Bond Name Coverage Amount Cost
(Annual Premium)
Regulatory Authority
Contractor License Bond Varies Varies* Montana Department of Labor & Industry and local municipalities
Escrow Business Bond $100,000 $1,000* Montana Division of Banking and Financial Institutions
Motor Vehicle Dealer Bond $5,000/ $15,000/$50,000 $100/$120/$400 Montana Title and Registration Bureau
Telemarketing Registration Bond $50,000 $500 (two years) Office of Consumer Protection

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

Get Your Montana Surety Bond


Our team's knowledge of surety bond requirements in Montana allows us to provide accurate quotes quickly. For help choosing the right bond for your business, speak with 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)