What Is a New Hampshire Itinerant Vendor Bond?
New Hampshire itinerant vendor bonds protect consumers and the state from unlawful business practices. The Department of State requires these bonds to guarantee that transient businesses act honestly and pay all taxes and fees owed to the state.
How Much Do Itinerant Vendor Bonds Cost in New Hampshire?
New Hampshire itinerant vendor bonds are available for instant purchase for $100 per year. Or, you can save time on annual renewal and 25% each year by purchasing a multi-year term bond.
How to Get an Itinerant Vendor Bond in New Hampshire
You can buy your New Hampshire itinerant vendor bond instantly online with SuretyBonds.com. Just click Buy Now in the table above or use the dropdown form to checkout.
Select your preferred shipping method at checkout then file the original bond form with the Department of State.
How Do New Hampshire Itinerant Vendor Bonds Work?
In New Hampshire, itinerant vendor bonds bind three parties in a legal contract:
- Principal: The individual or business purchasing the bond
- Obligee: The New Hampshire government office requiring the bond
- Surety: The company issuing the bond
If a vendor creates damages or financial loss, harmed parties can file a claim for compensation. The issuing surety company will pay out valid claims, then the itinerant vendor must refund the surety.
