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Most Popular Bonds in Massachusetts
- Auctioneer Bond
Required if you conduct auctions or own or operate an auction house
- Collection Agency Bond
Required if you collect debts owed to third parties
- Employment Agency Bond
Required for individuals or agencies that place workers in jobs
- Investment Adviser or Broker-Dealer Bond
Required for individuals who advise others on financial securities
- Liquor License Bond
Required for individuals who sell, manufacture, or transport alcohol
- Private Detective and Watch Guard Bond
Required if you are a private detective or a security guard
- Real Estate Broker Bond
Required for individuals who broker real estate property
- Used Auto Dealer Bond
Required for individuals who sell, purchase, or trade second hand vehicles
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Massachusetts Surety Bond Costs
“How much will my surety bond cost?” is the most common question our clients ask. Although several factors impact your exact surety bond cost, the primary factor is risk. “High risk” means there’s an increased chance that a claim will be made against a bond; these bonds typically require underwriting consideration. Low-risk bonds, on the other hand, can often be issued instantly for a set price.
Massachusetts $5,000 Real Estate Broker Bond, for example, are issued instantly at $50 for a 6-year term. $25,000 Used Auto Dealer Bonds, though also issued for Massachusetts, require a review of the applicant’s credit history and bond amount. This bond can cost as low as $250, depending on the applicant’s credentials.
Consulting a surety professional is the best way to determine your exact surety bond cost in Massachusetts. You can request your free quote online, or you can call 1 (800) 308-4358 to speak with an experienced bond specialist. SuretyBonds.com works with you to provide the lowest available rate, no matter your circumstances.
Determining Your Massachusetts Bond Type
With thousands of unique surety bond forms available nationwide, we know that determining the exact one you need can be confusing. Massachusetts has a variety of surety bond requirements, and it’s important to provide the right bond to earn licensure or protect a title on a vehicle, for example.
Contacting the obligee — the entity requiring the bond — is the best way to ensure you’re obtaining the correct bond. The department, office, or board requiring the bond can connect you with the bond form needed, as well as your required bond amount. These two pieces of information can speed up the bonding process when you work with SuretyBonds.com and guarantee you’re getting the bond you need at the best price available.
The SuretyBonds.com Advantage
Our mission is to provide every client with fast, easy, and accurate service while offering the best available rate. We achieve this by maintaining relationships with the nation’s leading surety underwriters, which ensures our clients have access to the lowest premiums. Over the years, we’ve also perfected our proprietary bonding system, which allows us to provide clients with unparalleled turnaround times.
Massachusetts License Information
SuretyBonds.com is legally licensed to issue bonds in Massachusetts.
Agency License # 1899123
Agent Producer License # 1900859