Maryland Surety Bonds

Complete Guide to getting Bonded in Maryland

Customer Reviews

1. Start Your Application

Fill out the online application form

2. Receive Your Free Quote

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3. Buy Your Surety Bond

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

Most Popular Surety Bonds in Maryland

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A surety bond in the amount of $75,000 is required for Maryland freight brokers and forwarders.
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Auto Dealer Bond
The requirement for a Maryland auto dealer bond is up to $300,000, depending on annual sales volume.
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Contractor License Bond
The bond requirement for a licensed contractor doing business in Maryland is up to $100,000.
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Mortgage Broker Bond
Maryland requires mortgage brokers to hold a bond of $50,000 to $750,000, based on loan volume.
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Collection Agency Bond
To obtain and maintain a collection agency bond in Maryland, a $50,000 to $1,000,000 surety bond is required by the Board.
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Credit Services Organization
Licensed credit services organizations in Maryland must buy and maintain a $50,000 surety bond.

Find Your Maryland Surety Bond

We offer all types of surety bonds in all 50 states. If you can't find your bond in the table below, select "General business license or permit bond (not listed otherwise)" and start your application.
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 (Local) Bond Montgomery County Performance Bond Montgomery County Maryland Dept of Permitting Serv Apply Now
Contractor License Performance & Payment (Local) Bond Storm Water Management Bond City of Takoma Park Apply Now
Contractor License Performance & Payment (State) Bond Home Improvement Contractor Home Improvement Commission Apply Now
Contractor License Performance & Payment (State) Bond Home Improvement Contractor's Bond State of Maryland Apply Now
Excess Weight, Other Highway & Street Permit Bond Hauling Performance Bond MD Motor Carrier Division Apply Now
Investment Advisor (Blue Sky) Bond Investment Advisor Securities Commissioner Apply Now
Collection Agency Bond Collection Agency Commissioner of Financial Regulation Apply Now
Debt Consolidators Bond Licensee Surety Bond Credit Service Business Commissioner of Financial Regulation Apply Now
Debt Consolidators Bond Debt Settlement Services Registration Commissioner of Financial Regulation Apply Now
Professional Fund Raisers Bond Professional Solicitors & Public Safety Solicitors State of Maryland Apply Now
Insurance Agents/Brokers Bond Automobile Insurance Fund Producer Maryland Automobile Insurance Fund Apply Now
Insurance Agents/Brokers Bond Insurance Administration Insurance Advisor MD Insurance Commissioner Apply Now
Insurance Surplus Lines Brokers Bond Surplus Lines Maryland Insurance Administration Apply Now
Insurance 3rd Party Administrator Bond 3rd Party Administrator Bond Maryland Department of Insurance Apply Now
Mortgage Broker (1st & 2nd Mortgages) Bond Mortgage Broker Financial Reglation Commissioner, Maryland Dept of Apply Now
Mortgage Lender/Banker (1st & 2nd Mort.) Bond Mortgage Lender Commissioner of Financial Regulation Apply Now
Title Insurance Agents & Escrow Officers Bond Insurance Administrator Title Maryland Insurance Administration Apply Now
Auto & Mobile Home Dealers (New & Used) Bond Vehicle or Trailer Dealer Bond Motor Vehicle Administration Apply Now
Auto & Mobile Home Dealers (New & Used) Bond Boat Dealer Dept of Natural Resources, Licensing & Registratio Apply Now
Auto & Mobile Home Dealers (Used Only, No New) Bond Vehicle or Trailer Dealer Motor Vehicle Administration Apply Now
Motor Vehicle (Non-Dealer, Not Listed) Bond Title Service Agent Motor Vehicle Administration Apply Now
Motor Vehicle (Non-Dealer, Not Listed) Bond Boat Dealer Bond Dept of Natural Resources Licensing & Registration Apply Now
Motor Vehicle (Non-Dealer, Not Listed) Bond Motor Vehicle Manufacturer State of Maryland Apply Now
Motor Vehicle (Non-Dealer, Not Listed) Bond Credit Hauling Bond State Highway Administration Apply Now
Motor Vehicle (Non-Dealer, Not Listed) Bond Motor Vehicle Repair Facility License Prince George's County Apply Now
Health Spas/Health Clubs Bond Health Club Consumer Protection Division Apply Now
Employment Agencies Bond Employement Agrency License Dept. of Labor, Licensing & Regulation Apply Now
Professional Licenses (All Other) Bond Wholesale Distributor Surety Maryland Board of Pharmacy Apply Now
Professional Licenses (All Other) Bond Private Finger Printing Provider Department of Public Safety and Correctional Servi Apply Now
Professional Licenses (All Other) Bond Broker / Aggregator Bond Maryland Public Services Commission Apply Now
Professional Licenses (All Other) Bond Franchisor Bond Securities Division Apply Now
Professional Licenses (All Other) Bond Wholesale Distributor Bond Maryland Board Of Pharmacy Apply Now
Professional Licenses (All Other) Bond Towing Service License Bond Prince George's County, Maryland Apply Now
Schools (All) Bond Institution of Postsecondary Education MD Higher Education Commission Apply Now
Schools (All) Bond Surety Bond of Information Requestor Driver/Vehicl MD Motor Vehicle Administration Apply Now
Schools (All) Bond Schools (All) Bond MD Higher Education Commission Apply Now
Schools (All) Bond Driver Education Program Motor Vehicle Administration Apply Now
Schools (All) Bond Private Career School Maryland Higher Education Commission Apply Now
Schools (All) Bond Private Career School Bond Maryland Higher Education Commission Apply Now
Alcohol (Manufacturers, Warehouses, Wholesalers) Bond Beer (Non Resident or Resident Dealer Bond State of Maryland Apply Now
Alcohol (All Others) Bond Direct Wine Shipper Bond Comptroller of MD - Revenie Administration Div. Apply Now
Alcohol (All Others) Bond Wine and Liquor Bond Comptroller of MD - MATT Reg. Division A&T Apply Now
Cigar/Cigarette & Tobacco Tax Bond Other Tobacco Products (OTP) Comptroller of Maryland Apply Now
Fuel Tax (All Others, Sellers & Users) Bond Motor Fuel Dealer, User, Seller Bond Comptroller of Maryland Apply Now
Utility Deposit Bond Baltimore Gas & Electric Utility Bond Baltimore Gas & Electric Apply Now
Wages & Fringe Benefits Bond Local Union No. 24 - Electrical Workers, AFL-CIO Local Union No. 24 Intl Brotherhood of Elec.Worker Apply Now
Wages & Fringe Benefits Bond Maryland Electrical Industry Funds Maryland Electrical Industry Funds Apply Now
Wages & Fringe Benefits Bond Voice - Data - Video National Agreement Bond International Brotherhood of Electrical Workers Apply Now
Wages & Fringe Benefits Bond Plumbers and Steamfitters Local 486 Joint Administ Plumbers and Steamfitters Local 486 Joint Funds Ad Apply Now
Wages & Fringe Benefits Bond Payment of Employee Benefit Contributions and Wage MARYLAND PLUMBING & PIPEFITTING Apply Now
Wages & Fringe Benefits Bond Wage Payment Bond (IBEW Local 26) IBEW Local 26 Apply Now
Wages & Fringe Benefits Bond Employer's Wage, Expense, Welfare and Pension Fund International Association Heat & Frost Insulators Apply Now
Fringe Benefits Only Bond Guaranteed Payment Bond (Local 26 IBEW-NECA) IBEW Local 26 Apply Now
Lottery Bond Lottery/Lotto Maryland State Lottery Agency Apply Now
Money Transmitter Bond Global Express Money Orders Inc. Indemnity Bond Gloabl Express Money Orders, INc. Apply Now
Telemarketing/Phone Solicitor Bond Surety Bond for Professional Solicitors & Public S State of Maryland, Office of the Secretary of Stat Apply Now
Telemarketing/Phone Solicitor Bond Door to Door Solicitor License Performance Bond Prince George's County Apply Now

Do you need more information about the Maryland surety bond requirements? Call our bond experts at (877)-514-5146 to learn more.

How Much Does a Maryland Surety Bond Cost?

A Maryland surety bond costs between $500 and $30,000, and it varies by bond amount type. For example, an auto dealer needs a bond up to $300,000. A collection agency in Maryland needs a $50,000 to $1,000,000 bond.

While your surety bond amount must comply with state regulations, you are not required to pay the full amount. Through a Maryland surety company, your bond is available at a premium. The premium is a fraction of the full bond amount and varies between 1% and 10%.

Several factors are reviewed to determine the premium rate. These include the applicant’s credit scores as well as financial assets and professional resume. Bonds are provided to more than 99% of our customers. Our Maryland surety company works with applicants with most credit scores. 

If your score is at least 700, your premium rate will fall between 1% and 3% of the required bond amount. A 600 to 699 credit score qualifies the applicant for a rate between 3% and 5%. A premium rate of 5% to 10% is available for a credit score of 599 or lower.

 

Surety Bond Cost Based on Credit Score

Surety Bond Name

Surety Bond Amount

Over 700

Between 600 - 699

Below 599

Freight Broker Bond

$75,000

$750 - $2,250

$2,250 - $3,750

$3,750 - $7,500

Maryland Auto Dealer Bond

$300,000

$3,000 - $9,000

$9,000 - $15,000

$15,000 - $30,000

Maryland Contractor Bond

$100,000

$1,000 - $3,000

$3,000 - $5,000

$5,000 - $10,000

Maryland Mortgage Broker Bond

$150,000

$1,500 - $4,500

$4,500 - $7,500

$7,500 - $15,000

Maryland Collection Agency Bond

$50,000

$500 - $1,500

$1,500 - $2,500

$2,500 - $5,000

Maryland Credit Services Organization Bond

$50,000

$500 - $1,500

$1,500 - $2,500

$2,500 - $5,000

* This table provides a ballpark estimate of potential bond costs. Bond pricing can fluctuate over time due to a number of factors. For exact pricing, please complete an application.

How to Get a Surety Bond in Maryland

1. Learn About the Surety Bond You Need

Through our simple, fast process, you can easily set up your Maryland surety bond. Before applying, spend a few minutes researching the bond requirements applicable to you. State resources are listed below. To learn about the requirements for a freight broker bond, contact the FMCSA. For information on mortgage broker bonds, reach out to the Maryland Department of Labor.

Roger got in touch with us to set up an auto dealer bond for a new business. We answered his questions about surety bonds before he completed the online application. After reviewing his instant quote, Roger made the premium payment and quickly got an emailed copy of the bond. 

2. Apply for Your Bond Online

Our respected Maryland surety company has proudly served our valued customers for over a decade, and our experts are available to assist you through our straightforward process. To begin, spend a few minutes completing the online application.

3. Get a Bond Quote

Immediately after submitting your Maryland surety bond application, you will have an instant quote available to review. A deeper review is necessary for more complicated scenarios. In these situations, applicants receive a quote within 48 hours.

4. Make Your Payment Online

To complete your bond purchase, take advantage of our online portal to make the premium payment. Soon after making your payment, the bond will be delivered to your email inbox. We can mail the bond to you as well, if requested. 

Do you have questions or need assistance with your application? Contact us or reach us by phone at (877) 514-5146.

Other Maryland Surety Bonds

Resources

Maryland License Info

Lance Surety Bonds is licensed to underwrite surety bonds in Maryland.

License Number # 3000561515


About Us

Lance Surety Bonds
Lance Surety Bond Associates, Inc. is a Pennsylvania-based surety bond agency that offers bonding at competitive rates in all 50 states. Established in 2010, our company has grown to become one of the top online bond producers in the country. Working exclusively with A-rated and T-listed bonding companies gives us the confidence to offer a 100% money-back guarantee. read more

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!

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!