1. Start Your Application
2. Receive Your Free Quote
3. Buy Your Surety Bond
Most Popular Surety Bonds in Arizona
Arizona Surety Bond Requirements
In Arizona, state and local governments require surety bonds for various business activities. For instance, residential and commercial contractors, motor vehicle dealers, notaries, and home inspectors must secure bonds to meet state requirements. Typically, these bonds are part of the licensing or permit approval process.
A surety bond is a legal agreement between three parties: the principal (business or individual), the obligee (usually a government agency), and the surety (bond provider). A surety bond ensures the principal complies with laws or regulations. If they fail, the obligee can file a claim to recover losses, which the principal must ultimately repay.
In Arizona, there are three main types of surety bonds you may need:
- License Bonds: Required for various professions, like contractors and auto dealers, to operate legally.
- Contractor Bonds: Needed for public construction projects.
- Court Bonds: Mandated by the courts for specific purposes.
Find Your Arizona Surety Bond
Freight Broker Bond (BMC-84) | N/A | FMCSA | Apply Now |
General license & permit bond (not listed) | N/A | N/A | Apply Now |
Contractor License Performance & Payment (State) Bond | Contractor License | The Registrar of Contractors | Apply Now |
Contractor License Performance & Payment (State) Bond | Right of Way Performance Bond | City of Phoenix | Apply Now |
Collection Agency Bond | Collection Agency | Dept of Financial Institutions | Apply Now |
Collection Agency Bond | Collection Agency Bond | Apply Now | |
Debt Consolidators Bond | Credit Repair Services Bond | Arizona State Government Management Services Div. | Apply Now |
Professional Fund Raisers Bond | Contracted Fundraiser | AZ Secretary of State | Apply Now |
Insurance Agents/Brokers Bond | Insurance Broker | Director of Insurance | Apply Now |
Insurance Agents/Brokers Bond | Department of Insurance Administrator Bond | State of Arizona | Apply Now |
Insurance Agents/Brokers Bond | Health Care Card Provider Bond | State of Arizona, Department of Treasury | Apply Now |
Mortgage Broker (1st & 2nd Mortgages) Bond | Mortgage Surety Bond | Dept of Financial Institutions | Apply Now |
Mortgage Lender/Banker (1st & 2nd Mort.) Bond | Mortgage Banker Bond | Superintendent, Dept of Financial Institutions | Apply Now |
Real Estate Agents/Brokers Bond | Real Estate Salesperson's/Broker's License Bond | Department of Real Estate | Apply Now |
Title Insurance Agents & Escrow Officers Bond | Escrow Agent Bond | Arizona Dept of Financial Institutions | Apply Now |
Defective Title Bond | Highway Department Defective Title Bond | Motor Vehicle Division | Apply Now |
Auto & Mobile Home Dealers (New & Used) Bond | Vehicle Dealer Bond | Motor Vehicle Division | Apply Now |
Auto & Mobile Home Dealers (Used Only, No New) Bond | Vehicle Dealer Bond | Motor Vehicle Division | Apply Now |
Motor Vehicle (Non-Dealer, Not Listed) Bond | License / Mobile Home Dealer Bond | State of Arizona, Office of Administration | Apply Now |
Motor Vehicle (Non-Dealer, Not Listed) Bond | Electronic Records Access | Motor Vehicle Division | Apply Now |
Sport Permits Bond | Boxing Performance | AZ State Boxing Commission | Apply Now |
Detectives Bond | Private Investigators License | Arizona Dept of Public Safety | Apply Now |
Employment Agencies Bond | Employment Agency Bond | The Industrial Commission of Arizona | Apply Now |
Professional Licenses (All Other) Bond | Appraisal Management Company | Board of Appraisals | Apply Now |
Professional Licenses (All Other) Bond | Service Company Bond | Department of Insurance | Apply Now |
Professional Licenses (All Other) Bond | Peddler's Permit Bond | City of Chandler | Apply Now |
Professional Licenses (All Other) Bond | Prescription-Only Drug Wholesaler License Bond | Arizona State Board of Pharmacy | Apply Now |
Professional Licenses (All Other) Bond | Peddler, Solicitor, Canvasser or Transient Merchan | City Of Mesa | Apply Now |
Schools (All) Bond | Private Postsecondary Education Bond | Arizona State Board for Postsecondary Education | Apply Now |
Schools (All) Bond | Cosmetology School Bond | Arizona State Board of Cosmetology | Apply Now |
Contractors Tax (Blanket Contracts) Bond | Taxpayer Bond for Contractor 42-5006 | Arizona Department of Revenue | Apply Now |
Fuel Tax (All Others, Sellers & Users) Bond | Motor Fuel Supplier Bond | MOTOR CARRIER TAX & SERVICES (MVD) | Apply Now |
Fuel Tax (All Others, Sellers & Users) Bond | IFTA | Motor Vehicle Division | Apply Now |
Miscellaneous Taxes Bond | Taxpayer Bond for Contractor | Arizona Dept Of Revenue: Taxpayer Information | Apply Now |
Compliance 3rd Party Bond | Utility Users Bond | Arizona Corporation Commission | Apply Now |
Utility Deposit Bond | APS Electric Service Bond | Arizona Public Service | Apply Now |
Utility Deposit Bond | Salt River Project Utility Deposit | Salt River Project - Commercial Credit Dept. | Apply Now |
Utility Deposit Bond | Utility Deposit | Tucson Electric | Apply Now |
Utility Deposit Bond | Bond for Utility Users | Corporation Commission | Apply Now |
Utility Deposit Bond | Sulphur Springs Valley Electric Utility Deposit Bo | SULPHUR SPRINGS VALLEY ELECTRIC COOPERATIVE INC | Apply Now |
Utility Deposit Bond | Payment of Utility Services Bond | City of Mesa: Attention Credit Services | Apply Now |
Financial Guarantee (All Other) Bond | Financial Guarantee Bond | PrePass / HELP | Apply Now |
Money Transmitter Bond | Money Transmitter Application | State Of Arizona | Apply Now |
Telemarketing/Phone Solicitor Bond | Telephone Solicitation | Attorney General | Apply Now |
Non-Construction Performance Bond | License Bond | Arizona Corporate Commission | Apply Now |
Non-Construction Performance Bond | Telecommunications Business License Bond | Arizona Corporation Commissions | Apply Now |
Appraisal Management | Appraisal Management Company Bond | Arizona Board of Appraisal | Apply Now |
Do you need more information about the Arizona surety bond requirements? Call our bond experts at (877)-514-5146 to learn more.
How Much Does an Arizona Surety Bond Cost?
The cost of your surety bond in Arizona depends on its type. For example, an Auto Dealer Bond in the amount of $100,000 is a licensing requirement for auto dealers. However, you're not required to pay the entire bond amount of the bond. Instead, you'll only need to cover the bond premium, usually ranging from 1% to 3% of the total sum. Therefore, you can expect to pay between $1,000 and $3,000.
The bond premium is determined by the surety agency after evaluating your financial standing, with an emphasis on your credit score.
Factors that impact your Arizona Surety Bond Cost:
- Bond Amount
- Bond Type
- Personal Credit Score
- Professional Background
- Business Financials
- Assets and Liquidity
How to Get a Surety Bond in Arizona
1. Determine the Surety Bond You Need
You can obtain this information from the entity requiring the surety bond, which could be a federal agency like the FMCSA, or a state administration such as the Arizona Department of Transportation. It's common for many first-time contacts to have questions about this stage. If you're unsure or have any doubts, don't hesitate to contact us. Our dedicated and friendly customer service is here to assist you with any inquiries you may have.
2. Apply For Your Bond
To begin the bonding process, just complete our online application form. You'll need to provide crucial information about the type and amount of bond needed. We'll guide you through each step, ensuring a smooth experience. That's what our client Alexis G. did, navigating through the bonding process effortlessly.
3. Get a Bond Quote
Upon receiving your application, our team promptly begins processing it. We conduct a thorough search for the most competitive bond rate, resorting to our industry knowledge. Subsequently, we swiftly offer you a free quote, accompanied by clear instructions and expert guidance, ensuring a straightforward bonding process.
4. Buy Your Bond
Upon payment of your bond premium, you are officially bonded. Your bond will be dispatched to you via email, with a paper copy mailed if required.
If you have any further questions, feel free to contact us.
Resources
Arizona Registrar of Contractors
Arizona Department of Financial Institutions
Arizona Department of Transportation
Arizona License Info
Lance Surety Bonds is licensed to underwrite surety bonds in Arizona.
What Our Clients Have To Say?
Quick response times and turn around for issuing bonds. Great customer service and very knowledgeable. We have used Lance Surety multiple times and have never been disappointed. Highly recommend them and Collette!
Long story short, these guys cut through the B.S. and get the job done. Responsiveness, excellent! Communication, excellent! Respect for their industry partners, excellent! John, Collette, Ryan, you're all-stars! Thank you!
We decided for Lance Surety Bond's quote for 2 reasons; Price and Customer Service. Our Representative Ryan was just SUPERB!! [...] I highly recommend Lance Surety Bond for all your Bonding needs! I'll definitely come back for all of mine. :-) Thanks Ryan!
Quick response times and turn around for issuing bonds. Great customer service and very knowledgeable. We have used Lance Surety multiple times and have never been disappointed. Highly recommend them and Collette!
Long story short, these guys cut through the B.S. and get the job done. Responsiveness, excellent! Communication, excellent! Respect for their industry partners, excellent! John, Collette, Ryan, you're all-stars! Thank you!
We decided for Lance Surety Bond's quote for 2 reasons; Price and Customer Service. Our Representative Ryan was just SUPERB!! [...] I highly recommend Lance Surety Bond for all your Bonding needs! I'll definitely come back for all of mine. :-) Thanks Ryan!
An Arizona Surety Bond is typically valid for one year. After this period, it must be renewed to remain active and compliant with state regulations or licensing requirements.
The coverage amount for an Arizona Surety Bond is generally determined by the regulatory agency requiring the bond. It may be based on the size of the business, project, or industry. Specific requirements vary depending on the bond type and state regulations.
If a claim is made, the surety company will investigate the situation. If the claim is valid, the surety pays the obligee for the loss. However, the principal (the party purchasing the bond) must repay the surety for the amount paid out.
Yes, it is possible to get an Arizona surety bond with bad credit, though it may come with a higher premium. Surety agencies primarily rely on your credit score to assess the level of risk. If you have bad credit, the bond premium may be higher to compensate for the increased risk. However, other factors, such as your professional background, business financials, and assets, may also be considered to help offset the impact of bad credit.
A Surety Bond is a three-party agreement where a business (principal) guarantees it will meet its obligations, and if it fails, the bond provider (surety) pays the claim, with the business responsible for repayment. In contrast, Insurance is a two-party agreement that protects the policyholder against financial loss, and the policyholder does not need to repay the insurer if a claim is paid. While a surety bond protects third parties, insurance protects the policyholder.
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