How Much Does a $75,000 Surety Bond Cost?
Surety bond premiums are calculated as a small percentage of the bond amount. $75,000 surety bonds typically cost 0.5–10% of the bond amount, or $375–$7,500.
Highly qualified applicants with strong credit might pay just $375 to $750, while an individual with poor credit will receive a higher rate.
Surety Bond Amount | Over 675 | 600–675 | Under 599 |
---|---|---|---|
$75,000 | $375–$2,250 (0.5–3%) | $2,250–$3,750 (3–5%) | $3,750–$7,500 (5–10%) |
*This table provides general estimates. Bond pricing fluctuates due to various factors. |
Remember, these are general estimates. Other factors—including the bond type, industry experience, home ownership and business financials—can also impact your rate.
Determine your exact surety bond cost by requesting a free quote today. Or, use our Surety Bond Cost Calculator to estimate your premium.
Where to Purchase a $75,000 Surety Bond
You can purchase your $75,000 bond online with SuretyBonds.com — the nation’s top surety provider. We offer the industry’s best service, fastest delivery and most affordable bond prices with no hidden fees. Apply now!
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Most Common $75,000 Surety Bonds
States and municipalities require different types of surety bonds for business owners, licensed professionals and individuals. Here are the most common types of surety bonds that require $75,000 in coverage:
Auto Dealer Bonds
Some motor vehicle dealerships in states including Utah and Iowa require a $75,000 bond. This protects buyers from financial loss caused by auto dealers.
Freight Broker or Forwarder (BMC-84) Bonds
All freight broker bonds are issued for $75,000 in coverage per the FMCSA’s requirements. Prices start at just $938 for qualified applicants.
Federal Maritime Commission (FMC-48) Bonds
U.S.-based NVOCCs and licensed non-U.S.-based NVOCCs must file a $50,000 FMC-48 bond with the Federal Maritime Commission as proof of financial security.
Mortgage Broker Bonds
Mortgage brokers in states such as Utah, New York and Iowa need to buy a $75,000 bond. Bonding protects customers from fraud and wrongful mortgage practices.
Do $75,000 Bonds Require Underwriting?
Not always. Some surety bonds are instantly issued at a set price, while others require underwriting review to determine pricing for individual applicants. The price of underwritten $75,000 bonds will vary depending on risk.
How to Get a $75,000 Surety Bond with Bad Credit
Low credit? No problem. SuretyBonds.com approves 99% of applicants with our Bad Credit Surety Bonding Program. While lower credit may result in a higher annual premium between 3–10% of the bond amount, we’ll work with the nation’s top providers to find the best price for your $75,000 bond.
If you improve your credit score over time, you may qualify for a lower premium rate when your bond is up for renewal.