Lance Surety Bonds offers every type of Hawaii surety bond our clients may need. Our surety experts have a wealth of experience in helping all applicants get bonded in Hawaii, even those with credit issues and bad credit scores.
Lance Surety Bonds only partners with the strongest A-rated and T-listed surety bonds companies. This benefits the clients in many ways– it guarantees that the obligee will accept the surety bond, and it makes sure that you get the lowest possible rate on your surety bond.
If you already know the Hawaii surety bond you need, you can find it in the table below and apply online now. For more information about bonds in the state, consult the FAQ section below the table.
Our surety agents are here to assist you throughout the whole process– just call us at (877)-514-5146.
Find Your Hawaii Surety Bond
Contractor License Performance & Payment (State) BondContractors LicenseDept of Commerce and Consumer Affairs
Contractor License Performance & Payment (State) BondCity of Honolulu Trenching BondCity and County of Honolulu
Investment Advisor (Blue Sky) BondBOND FOR INVESTMENT ADVISER IN SECURITIESDepartment of Commerce and Consumer Affairs
Collection Agency BondCollection Agency BondState of Hawaii
Professional Fund Raisers BondProfessional Fund RaisersDepartment of the Attorney General - Tax Division
Insurance Adjusters BondPublic Adjuster BondHawaii Insurance Division
Auto & Mobile Home Dealers (New & Used) BondMotor Vehicle DealerMotor Vehicle Industry Board - Department of Comme
Auto & Mobile Home Dealers (Used Only, No New) BondMotor Vehicle DealerMotor Vehicle Industry Board - Department of Comme
Sport Permits BondPromoter'sHI Mixed Martial Arts Program
Detectives BondPrivate Detective, Guard or AgencyBoard of Private Detectives & Guards
Employment Agencies BondProfessional Employer Organization BondState of Hawaii Prof. Empl. Organiation Program
Cemetery Permits BondCemetery Authority BondDepartment of Commerce & Consumer Affairs
Professional Licenses (All Other) BondActivity DeskDept. of Commerce and Consumer Affairs
Professional Licenses (All Other) BondTime Share PlanDCCA
Schools (All) BondPrivate Trade, Vocational or Technical School BondDept of Education Community Education Center
Schools (All) BondPrelicense Real Estate School and Continuing EdcuaDept of Commerce and Consumer Affairs
Money Transmitter BondMoney Transmitters LicenseDept of Commerce and Consumer Affairs
Telemarketing/Phone Solicitor BondTelemarketing/Phone SolicitorDepartment of the Attorney General - Tax Division
Frequently Asked Questions
How much does a surety bond cost in Hawaii?
To answer this question, you need to know which type of surety bond you are looking to obtain. The total bond amount, i.e. the sum up to which a bond offers protection, is different for each bond and determined by the body requiring it. For some businesses, it may depend on the volume of sales too. For example, a Hawaii auto dealer bond may have a total bond amount of between $25,000 and $200,000, based on the number of vehicles you sell yearly.
To obtain the bond, the applicant does not have to pay the full bond amount. Instead, they pay a premium to the surety bond company, who vouches that they are trustworthy and capable of paying any claims that may occur.
Your premium is a percentage of the total bond amount, which varies based on some facts about you and your business. The most important of them is your personal credit score. With good credit, premiums do not generally exceed 4% of the bond amount. Other factors that sureties can look favorably upon are strong financial statements and industry experience.
Can I get a Hawaii surety bond if I have bad credit?
Surety underwriters take personal credit score seriously, so bonding with bad credit can be tough. Some sureties may even decline to get a bad credit applicant bonded.
This is where Lance Surety Bonds can help. We have exclusive rates for bad credit applicants, which we can offer because we only work with the strongest sureties in the country. Naturally, your premiums will be higher, as sureties attempt to mitigate the risk they are assuming as a result of underwriting the surety bond. Bad credit applicants typically pay between 5% and 15% of the total bond amount.
The better you understand how surety bond pricing works, the more steps you can take to reduce your premiums, so be sure to check our “What Does a Bond Cost?” page.
How can I get bonded in Hawaii?
Getting bonded in Hawaii is not a difficult process at all. You can apply online using Lance Surety Bonds’ easy-to-use platform. There you’ll be asked to submit some details about your business– it takes no more than a few minutes.
After that, we will provide you with a free quote, which comes with no obligations. If you accept, we will give you some additional details on how to complete your bond application. You will have to also sign an indemnity agreement with the surety bonds provider, which is an industry standard. Once this is done and you have paid your premium, we will be ready to issue your bond. Copies are quickly available via email or fax, while the original will be sent to you by post.
Need more information? Simply call us at (877)-514-5146 and we’ll help you out!
Types of Surety Bond in Hawaii
Not all surety bonds are designed to serve the same purpose, so it’s a good idea to be acquainted with the three main groups of surety bonds.
License bonds are the types of surety bonds you may need when registering your business in Hawaii. Many businesses are subject to this requirement, as a way to protect the state and your customers. If you violate a license bond agreement, the obligee or an unhappy client can file a claim against you.
Construction bonds might be necessary if you are a construction contractor and want to work on a public project in Hawaii. Construction bonds serve various purposes, but their general objective is to protect taxpayer money and make sure the contractor hired to complete a project will do so within the deadline and according to the contract.
Court bonds are most often required from individuals who have been appointed fiduciaries by a probate court in Hawaii. They guarantee the fiduciary will protect the interests of those they were appointed fiduciary to. When appealing a Hawaii court judgement, you may also need a court bond, known as an appeal bond.
We underwrite all three types of bonds, and are prepared to provide you with the assistance you need on getting the Hawaii surety bond you need.
Most Popular Surety Bonds in Hawaii
New and used-car dealers in Hawaii must get licensed to operate in the state, and the dealer bond is one of the mandatory requirements.
Phone solicitors and telemarketers need this surety bond, protecting their clients against fraud and abuse.
This bond guarantees that fees collected on behalf of clients will be rightly distributed to them.
This surety bond protects the public from fraud or non-compliance with state and federal regulations.