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Maryland Surety Bonds

  • Your free Maryland surety bond quote is a click away
  • We offer all types of Maryland surety bonds
  • Bad credit bonding options available
  • Easy online application

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What Is a Maryland Surety Bond?

Just like in all states, a variety of Maryland businesses need to obtain a Maryland surety bond, so that they comply with state or local regulations. This gives them the right to operate legally in a certain trade or project.

Surety bonds aim to safeguard the interests of citizens, and the state, from any misuse and fraud on the side of businesses and individuals in certain roles. The bond functions as a contract between three parties. The principal is the entity that has to get bonded, the obligee is the authority that asks for this, and the surety is the provider of the bond backing.

There are various situations in which you might be required to post a Maryland surety bond. Still, there are three main types of bonds that you will encounter:

  • If you need to obtain a professional license for operating as a mortgage broker, motor vehicle dealer, freight broker and the like, in most cases you will have to supply a license bond. It guarantees that you will follow the laws that regulate your trade.

  • Construction contractors bidding on private or public projects are required to post different kinds of contract bonds. They safeguard the interests of the project owner, by guaranteeing timely completion and ensure the quality of the work.

  • More rarely, a Maryland court might require that you obtain a court bond. The typical situations you would need one is if you are appealing a judgment in front of an appellate court or you need to take over the finances and affairs of another person, i.e. to become a fiduciary.

You can locate the correct Maryland surety bond that you have to post in the list just below, which contains the most common surety bonds in the state. Alternatively, you can see the table at the end of the page with all Maryland surety bonds.

If you have trouble finding the bond you need, we’re here to help. Just give us a call at (877) 514-5146.

Most Popular Surety Bonds in Maryland

Maryland Auto Dealer Bond

Want to start an auto dealership in Maryland? You’ll need an auto dealer bond. Your bond amount will depend on the type of license and the number of vehicles you want to sell.

Collection Agency Bond

If you want to run a collection agency in Maryland, you will need to post a bond that will guarantee your proper handling of funds.

Mortgage Broker Bond

About to start your mortgage brokerage in the state? You will need to get a mortgage broker bond in the range of $50,000 to $150,000.

Freight Broker Bond

Maryland freight brokers, just like all brokers in the U.S., are required to post a $75,000 freight broker bond.

School Bond

In certain cases, the Maryland Higher Education Commission will require you to post a Institution of Postsecondary Education Bond, or a Private Career School Bond.

Lottery Bond

Lottery agencies in Maryland need to post a bond in an amount based on the lottery tickets sold. It guarantees due payment of all taxes and fees.

Frequently Asked Questions

How much does a Maryland surety bond cost?

To understand how much you’ll need to pay for your Maryland surety bond, let’s look at the way your surety bond cost is formulated.

First of all, it is linked to the surety bond amount you are asked to post. This can be a fixed amount across the U.S. or a specific amount in your state or local area. In some cases, the amount is decided on an individual basis.

Your actual bond price is only a fraction of this amount. This is called the bond premium. Usually, for standard bonding it is between 1% and 4%.

Your exact percentage is determined on the basis of your personal and business finances. When you apply for a bond with your surety, it needs to examine these stats and evaluate how risky of a candidate you are. If your personal credit score is high and your financial situation is stable, you are likely to pay less for your bond, as getting you bonded would not pose a high risk.

Can I get a Maryland surety bond with bad credit?

Getting bonded in Maryland if you have problematic finances can be a daunting task. Here at Lance Surety Bonds, we have extensive experience of bonding a wide variety of businesses and we’re well aware of the challenges. This is why we offer our Bad Credit Program.

For applicants with low credit score, tax liens, bankruptcies, or civil judgments, we offer slightly increased bonding premiums. They are in the range of 5%-15% and compensate for the higher risk involved. Nevertheless, getting bonded with Lance Surety Bonds means you’re guaranteed to get a top bonding price. We work with numerous A-rated, T-listed surety companies, and we’ll always select the best bonding option for your particular circumstances.

How to get bonded in Maryland

Getting your Maryland surety bond has never been easier! You can apply online today for a free bond quote - no obligations!

Once you’ve compiled the full list of required documents and submitted them to us with your application, we will get your exact bond price in no time.

Whether you have a question about the bonding process or about your bond application, our bonding specialists are available to help. Just call us at (877) 514-5146.

If you need a full overview of how bonding works, make sure to consult our How to Get Bonded page.

Find Your Maryland Surety Bond

  • Contractor License Performance & Payment (Local) Bond
    Montgomery County Performance Bond
    Montgomery County Maryland Dept of Permitting Serv
  • Contractor License Performance & Payment (Local) Bond
    Storm Water Management Bond
    City of Takoma Park
  • Contractor License Performance & Payment (State) Bond
    Home Improvement Contractor
    Home Improvement Commission
  • Contractor License Performance & Payment (State) Bond
    Home Improvement Contractor's Bond
    State of Maryland
  • Excess Weight, Other Highway & Street Permit Bond
    Hauling Performance Bond
    MD Motor Carrier Division
  • Investment Advisor (Blue Sky) Bond
    Investment Advisor
    Securities Commissioner
  • Collection Agency Bond
    Collection Agency
    Commissioner of Financial Regulation
  • Debt Consolidators Bond
    Licensee Surety Bond Credit Service Business
    Commissioner of Financial Regulation
  • Debt Consolidators Bond
    Debt Settlement Services Registration
    Commissioner of Financial Regulation
  • Professional Fund Raisers Bond
    Professional Solicitors & Public Safety Solicitors
    State of Maryland
  • Insurance Agents/Brokers Bond
    Automobile Insurance Fund Producer
    Maryland Automobile Insurance Fund
  • Insurance Agents/Brokers Bond
    Insurance Administration Insurance Advisor
    MD Insurance Commissioner
  • Insurance Surplus Lines Brokers Bond
    Surplus Lines
    Maryland Insurance Administration
  • Insurance 3rd Party Administrator Bond
    3rd Party Administrator Bond
    Maryland Department of Insurance
  • Mortgage Broker (1st & 2nd Mortgages) Bond
    Mortgage Broker
    Financial Reglation Commissioner, Maryland Dept of
  • Mortgage Lender/Banker (1st & 2nd Mort.) Bond
    Mortgage Lender
    Commissioner of Financial Regulation
  • Title Insurance Agents & Escrow Officers Bond
    Insurance Administrator Title
    Maryland Insurance Administration
  • Auto & Mobile Home Dealers (New & Used) Bond
    Vehicle or Trailer Dealer Bond
    Motor Vehicle Administration
  • Auto & Mobile Home Dealers (New & Used) Bond
    Boat Dealer
    Dept of Natural Resources, Licensing & Registratio
  • Auto & Mobile Home Dealers (Used Only, No New) Bond
    Vehicle or Trailer Dealer
    Motor Vehicle Administration
  • Motor Vehicle (Non-Dealer, Not Listed) Bond
    Title Service Agent
    Motor Vehicle Administration
  • Motor Vehicle (Non-Dealer, Not Listed) Bond
    Boat Dealer Bond
    Dept of Natural Resources Licensing & Registration
  • Motor Vehicle (Non-Dealer, Not Listed) Bond
    Motor Vehicle Manufacturer
    State of Maryland
  • Motor Vehicle (Non-Dealer, Not Listed) Bond
    Credit Hauling Bond
    State Highway Administration
  • Motor Vehicle (Non-Dealer, Not Listed) Bond
    Motor Vehicle Repair Facility License
    Prince George's County
  • Health Spas/Health Clubs Bond
    Health Club
    Consumer Protection Division
  • Employment Agencies Bond
    Employement Agrency License
    Dept. of Labor, Licensing & Regulation
  • Professional Licenses (All Other) Bond
    Wholesale Distributor Surety
    Maryland Board of Pharmacy
  • Professional Licenses (All Other) Bond
    Private Finger Printing Provider
    Department of Public Safety and Correctional Servi
  • Professional Licenses (All Other) Bond
    Broker / Aggregator Bond
    Maryland Public Services Commission
  • Professional Licenses (All Other) Bond
    Franchisor Bond
    Securities Division
  • Professional Licenses (All Other) Bond
    Wholesale Distributor Bond
    Maryland Board Of Pharmacy
  • Professional Licenses (All Other) Bond
    Towing Service License Bond
    Prince George's County, Maryland
  • Schools (All) Bond
    Institution of Postsecondary Education
    MD Higher Education Commission
  • Schools (All) Bond
    Surety Bond of Information Requestor Driver/Vehicl
    MD Motor Vehicle Administration
  • Schools (All) Bond
    Schools (All) Bond
    MD Higher Education Commission
  • Schools (All) Bond
    Driver Education Program
    Motor Vehicle Administration
  • Schools (All) Bond
    Private Career School
    Maryland Higher Education Commission
  • Schools (All) Bond
    Private Career School Bond
    Maryland Higher Education Commission
  • Alcohol (Manufacturers, Warehouses, Wholesalers) Bond
    Beer (Non Resident or Resident Dealer Bond
    State of Maryland
  • Alcohol (All Others) Bond
    Direct Wine Shipper Bond
    Comptroller of MD - Revenie Administration Div.
  • Alcohol (All Others) Bond
    Wine and Liquor Bond
    Comptroller of MD - MATT Reg. Division A&T
  • Cigar/Cigarette & Tobacco Tax Bond
    Other Tobacco Products (OTP)
    Comptroller of Maryland
  • Fuel Tax (All Others, Sellers & Users) Bond
    Motor Fuel Dealer, User, Seller Bond
    Comptroller of Maryland
  • Utility Deposit Bond
    Baltimore Gas & Electric Utility Bond
    Baltimore Gas & Electric
  • Wages & Fringe Benefits Bond
    Local Union No. 24 - Electrical Workers, AFL-CIO
    Local Union No. 24 Intl Brotherhood of Elec.Worker
  • Wages & Fringe Benefits Bond
    Maryland Electrical Industry Funds
    Maryland Electrical Industry Funds
  • Wages & Fringe Benefits Bond
    Voice - Data - Video National Agreement Bond
    International Brotherhood of Electrical Workers
  • Wages & Fringe Benefits Bond
    Plumbers and Steamfitters Local 486 Joint Administ
    Plumbers and Steamfitters Local 486 Joint Funds Ad
  • Wages & Fringe Benefits Bond
    Payment of Employee Benefit Contributions and Wage
  • Wages & Fringe Benefits Bond
    Wage Payment Bond (IBEW Local 26)
    IBEW Local 26
  • Wages & Fringe Benefits Bond
    Employer's Wage, Expense, Welfare and Pension Fund
    International Association Heat & Frost Insulators
  • Fringe Benefits Only Bond
    Guaranteed Payment Bond (Local 26 IBEW-NECA)
    IBEW Local 26
  • Lottery Bond
    Maryland State Lottery Agency
  • Money Transmitter Bond
    Global Express Money Orders Inc. Indemnity Bond
    Gloabl Express Money Orders, INc.
  • Telemarketing/Phone Solicitor Bond
    Surety Bond for Professional Solicitors & Public S
    State of Maryland, Office of the Secretary of Stat
  • Telemarketing/Phone Solicitor Bond
    Door to Door Solicitor License Performance Bond
    Prince George's County

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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