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Idaho Surety Bonds

  • All types of Idaho surety bonds
  • Bad credit? No problem
  • Fast and secure online application
  • 100% money back guarantee

How Do I Get My Bond?

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What is an Idaho surety bond?

If you’ve never heard the term “surety bond” before, it might be confusing at first. We’ve got all the information you need, to help you comply with this requirement without the hassle.

Surety bonds are a three-party agreement between a principal (posting the bond), an obligee (requiring the bond), and a surety (underwriting the bond). They are most frequently required from businesses wishing to obtain a license or a permit, though they can be required from individuals too. Generally, the purpose of surety bonds is to protect the public, and ensure compliance with certain regulations.

Compared to most states, Idaho has relatively few bond requirements. Fortunately, we can write all of them for our customers, at some of the lowest rates in the industry. We cooperate with a number of A-Rated, Treasury-Listed sureties, which allows us to issue your bond directly from our office, cutting out the middle man and helping you get your bond faster.

You can start your online application now by finding the bond you need in the table below, or continue reading for more information. Our surety bonds experts are there to assist you if you encounter any problems– simply call us at (877)-514-5146.

Find Your Idaho Surety Bond

  • Contractor License Performance & Payment (State) Bond
    HVAC Contractor's/Specialty Contractor's Certifica
    State of Idaho Division of Building Safety HVAC Bo
  • Contractor License Performance & Payment (State) Bond
    Plumbing Contractor's/Specialty Contractor's Licen
    Division of Building Safety
  • Investment Advisor (Blue Sky) Bond
    Idaho Department of Finance, Securities Bureau
  • Collection Agency Bond
    Collection Agency
    Dept of Finance
  • Insurance Adjusters Bond
    Bond Of Public Adjuster
    Idaho Department of Insurance
  • Mortgage Broker (1st & 2nd Mortgages) Bond
    Surety Bond For Mortgage Broker
    Dept of Finance, Consumer Finance Bureau
  • Mortgage Lender/Banker (1st & 2nd Mort.) Bond
    Mortgage Lender
    Idaho Dept of Finance
  • Auto & Mobile Home Dealers (New & Used) Bond
    Vehicle or Vessel Dealer
    Transportation Department
  • Auto & Mobile Home Dealers (New & Used) Bond
    New and Used Manufactured/Mobile Home Dealer/Broke
    Idaho Division of Building Safety
  • Auto & Mobile Home Dealers (Used Only, No New) Bond
    Vehicle or Vessel Dealer
    Transportation Department
  • Sport Permits Bond
    Mixed Martial Art
    Idaho Atheltic Commission
  • Professional Licenses (All Other) Bond
    Advanced Deposit Wagering Bond
    Racing Commission
  • Professional Licenses (All Other) Bond
    Bail Agent Bond
    Idaho Department of Insurance
  • Professional Licenses (All Other) Bond
    Security Alarm Installation Bond (Boise, ID)
    City Clerk's Office
  • Schools (All) Bond
    Private Trade Schools
    Board of Education
  • Wages & Fringe Benefits Bond
    Farm Labor Contractor Bond
    Idaho Department Of Labor
  • Money Transmitter Bond
    Department of Finance - Securities Bureau

Frequently Asked Questions

How much does an Idaho surety bond cost?

The cost you end up paying for your surety bond depends on two things: the total bond amount and the bond premium.

The total bond amount is different for each surety bond, and it refers to the protection that the bond offers to possible claimants. For example, an Idaho auto dealer bond has a total bond amount of $20,000. So if a defrauded client files a claim, they can get reimbursement up to $20,000.

The bond premium, on the other hand, is the sum that the applicant has to pay in order for the surety to underwrite the bond. Sureties set the premium amount based on the applicant’s credit score. An applicant with a good credit score can pay anywhere between 1% and 4% of the total bond amount. Premiums are usually paid in an annual or biannual basis.

Our What Does a Surety Bond Cost? page contains more relevant information on the topic.

Are bad credit surety bonds available in Idaho?

Your credit report is pretty important to bonding companies, but this doesn’t mean that getting bonded with bad credit isn’t possible.

Lance Surety Bonds has an exclusive bad credit program through which we help the majority of our clients get bonded. Bad credit premiums are in the range of 5% to 15% of the bond amount. If you have strong financial assets or rich industry experience, these are some factors that can help you get reduce your premium despite having bad credit.

Applicants with late child support payments or open bankruptcies are the only ones that cannot get bonded in Idaho.

How do I apply for an Idaho surety bond?

Applying for the surety bond you need is easy, thanks to our fast and secure online application. After completing it, we will give you a free no-obligations bond quote. Then, we will contact you and help you finalize the rest of the application process.

Most surety bonds have quick processing times, and we can issue them within 1 or 2 business days. Don’t hesitate to call us at (877)-514-5146 if you have any questions regarding your surety bonds application.

Most Popular Surety Bonds in Idaho

Collection Agency Bond

Required by the Director of the Idaho Department of Finance, this bond ensures that all collection agencies properly account for and pay over the proceeds of any collection made or money received for payment or prorating to creditors. There is a $15,000 minimum bond amount required.

Indemnity Bond for Investment Adviser

A $25,000 bond is required by the Department of Finance of all investment advisers operating in the state. The bond ensures compliance with the provisions of the Uniform Securities Act of the State of Idaho.

Surety Bond for Mortgage Broker/Lender

This bond guarantees that all mortgage brokers or mortgage lenders operating in the state will not violate the provisions of chapter 31, title 26 of the Idaho Code, federal law, or any regulation pertaining to mortgage lending activities set forth in section 26-3102, Idaho Code.

Vehicle or Vessel Dealer Bond

A $20,000 bond is required of all vehicle dealers (new or used), unless selling only motorcycles, ATVs, UTVs, or snowmobiles. For these smaller vehicles the bond is just $10,000. The bond ensures that dealers will not make any fraudulent representation, or violate any provision of the Dealer and Salesman Licensing Act, Chapter 16, Title 49, Idaho Code.

Cigarette Tax Bond

This is a financial guarantee type of surety bond, i.e., it makes sure that tobacco sellers, distributors, and manufacturers pay all taxes imposed under Chapter 25, Title 63 of the Idaho Code. The bond amount equals twice the tax amount of the previous fiscal period.

Wine Tax Bond

If you manufacture, distribute, or sell wine in the state of Idaho you will need this type of surety bond, which ensures payment of taxes under Idaho Code section 23-1319. The bond amount varies based on volume of sales.

What Our Clients Have To Say?

Kimberlee Ables
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!
Andrew Poincot
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!
Margie Martinez
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!

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