Lance Surety offers a variety of exclusive bond programs for principals operating out of Iowa, which allow us to offer the lowest possible rates. Whether you have strong or bad personal credit, we’re confident we can help you find the bond you need at the right price. Our experienced agents are available to answer any questions you may have about getting bonded in Iowa.
Need to get bonded in Iowa?
MOST COMMON IOWA SURETY BONDS:
Commercial Liquor License Bond
The Department of Commerce, Alcohol Beverages Division requires that an alcohol license bond be posted by any business involved with the sale of beer, wine or other liquors. This bond ensures compliance with the provisions of Chapter 123 of the Iowa Code.
Division of Labor Contractor License Bond
A $25,000 bond is required by the Division of Labor of all out-of-state contractors desiring to perform work in Iowa. It ensures that the principal will pay all taxes, penalties, interest or related fees which may accrue to the state.
Mortgage Surety Bonds
Iowa has a number of different bond requirements from mortgage brokers or lenders operating in the state. The bond forms and respective bond amounts may vary, so principals should check with Iowa Department of Commerce for their specific requirement.
Motor Vehicle Dealer Bond
The Iowa Department of Transportation requires a $50,000 be obtained by all dealers of new or used motor vehicles. This bond indemnifies any person who buys a vehicle from the dealer from any loss or damage occasioned by the failure of the dealer to comply the provisions outlined in Chapters 321 and 322 of the Code of Iowa.