Michigan Surety Bonds
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All types of surety bonds in Michigan - Image
Lowest rates on Michigan surety bonds - Image
We accept all credit types - Image
Secure and simple application process
Get a Free Bond Quote!
Lance Surety Bonds offers instant online quotes for most types of Michigan bonds, regardless of the owner’s personal credit. We represent some of the top surety bond companies in the country, all of which are A-rated and T-listed. We are experts on the state of Michigan’s rules and regulations for surety bonds, and can offer you every type of bond.
Applying online for a Michigan surety bond with us is secure, fast and very simple. Our surety bond experts have extensive experience and you are assured high quality service and support.
Questions about Surety Bonds in Michigan
How Much Does a Surety Bond Cost in Michigan?
The cost of a surety bond in Michigan largely depends on whether you are obtaining a license, contract or court bond. Some surety bond amounts are fixed in all states, while others are determined individually for each case, and are guided by state regulations.
The total surety bond amount is not the same as the surety bond cost. The cost, or premium, which you have to pay to get your bond is only a fraction of the total bond amount. How high your premium will be is determined by a number of criteria.
The most important among these is your personal credit score. Applicants with a high personal credit score are usually offered a lower rate on their premium. Such applicants receive premiums at standard market rates, which means between 1%-4% of the total bond amount.
Other criteria, such as personal and business financials, how long you have been in business, and your industry experience are also taken into account when determining your Michigan surety bond premium. Have a look at our surety bond cost page for detailed information on how premiums are determined.
Michigan Bad Credit Surety Bonds Program
Lance Surety Bonds also offers the possibility to applicants with less than perfect credit to obtain bonds. Through our Bad Credit Surety Bonds program applicants which would otherwise be deemed ‘high risk’ can still receive a bond.
Due to the greater risk involved in bonding such applicants, premium rates under this program are slightly higher. These range between 5%-15% of the total amount. Through our Bad Credit Surety Bonds program, we can offer a personalized strategy for high-risk applicants to get bonded, and get their business back on track.
How to Get Bonded in Michigan
Ready to get your bond? All you need to do is apply online. You will then receive a ‘no obligations’ free quote on your Michigan surety bond. When you are ready to proceed, simply follow the directions and submit any additional documentation that is needed.
Our application process is fast, secure and reliable and your rate will be sourced only from among professional surety bond companies. If you have any additional questions about Michigan surety bonds or how to get bonded just call us at (877)-514-5146. We will be happy to provide you with assistance or respond to any questions you have.
Types of Michigan Surety Bonds
We underwrite every type of Michigan surety bond: license and permit bonds, contract bonds and court bonds.
License bonds are usually required by states as part of the licensing process of certain professionals and businesses. Mortgage brokers, car dealers, real estate agents, telemarketers and others need to obtain such bonds. Michigan license bonds are meant to protect the public and state if a business does not follow state rules and regulations.
Contractors working on public and many private construction projects will need to obtain contract bonds in Michigan. Contract bonds are meant to protect the owner of a construction project in the state in case the contractor defaults on their obligations. They also protect the public on public construction projects and assure that contractors work according to the standards and requirements governing their license.
Appellate and probate courts in Michigan may request that appellants or fiduciaries obtain court bonds.
Use the Michigan surety bonds search tool below to find the bond you need and begin your application straight away. If you need help or more information, give us a call at (877)-514-5146. We will be happy to help you out!
Most Popular Surety Bonds in Michigan
To become licensed and open your own car dealership in Michigan, you need to acquire this bond.
This bond protects the public and the state of Michigan, and guarantees that you will comply with rules and regulations governing your license.
You need to post this bond when applying for a contractor license in Michigan. It guarantees that you will comply with regulations for contractors.
If you want to act as a collection agency licensed by the state of Michigan, you need to obtain this bond. It ensures faithful accounting of all moneys collected upon accounts entrusted to the licensee.
This bond ensures compliance by any principal engaging in the business of a mortgage broker, lender or servicer.
Required for driver education providers, school of cosmetology and others. They serve as a protection of students’ contractual and statutory rights.
Find Your Michigan 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 (No P&P Language) Bond | Residential Builder and/or Residential maintenance | Michigan Dept. of Licensing and regulatory Affairs | Apply Now |
| Contractor License (No P&P Language) Bond | Security Alarm Contractor Bond | Dept of Licensing and Regulatory Affairs | Apply Now |
| Contractor License Performance & Payment (State) Bond | Residential Builder and/or Residential Maintenance | Dept of Licensing & Regulatory Affairs Lic. Div. | Apply Now |
| Excess Weight, Other Highway & Street Permit Bond | Uniform Bond | City of Detroit,County of Wayne, State of Michigan | Apply Now |
| Collection Agency Bond | Collection Agency | Bureau of Commercial Services, Licensing Division | Apply Now |
| Collection Agency Bond | Non-Depository Sales Finance Company and/or Out-O | Department of Insurance and Financial Services | Apply Now |
| Collection Agency Bond | Depository Financial Institution - Sales Finance C | Department of Insurance and Financial Services | Apply Now |
| Professional Fund Raisers Bond | Uniform Professional Fund Raiser Surety Bond | Departent of Attorney General-Charitable Trust Sec | Apply Now |
| Mortgage Broker (1st & 2nd Mortgages) Bond | Mortgage Lender | OFIR | Apply Now |
| Mortgage Broker (1st & 2nd Mortgages) Bond | First Mortgage Broker, Lender, and/or Servicer Bon | Office of Financial and Insurance Services | Apply Now |
| Mortgage Broker (1st & 2nd Mortgages) Bond | Mortgage Loan Originator - Individual | Office of Financial and Insurance Regulation | Apply Now |
| Mortgage Broker (1st & 2nd Mortgages) Bond | Mortgage Loan Originator - Company | OFIR Consumer Finance Section | Apply Now |
| Mortgage Broker (1st & 2nd Mortgages) Bond | SECOND Mortgage Broker, Lender, and/or Servicer | Commissioner, Office of Financial & insruance | Apply Now |
| Mortgage Lender/Banker (1st & 2nd Mort.) Bond | Bond - FIRST Mortgage Broker, Lender, and/or Servi | Office of Financial and Insurance Services | Apply Now |
| Mortgage Broker (2nd Mortgages Only) Bond | Second Mortgage Broker, Lender, and/or Servicer | Office of Financial and Insurance Regulation | Apply Now |
| Defective Title Bond | Vehicle Uniform Bond | Michigan Department of State | Apply Now |
| Defective Title Bond | Manufactured Home Uniform Bond | State of Michigan | Apply Now |
| Auto & Mobile Home Dealers (New & Used) Bond | Uniform Vehicle Dealer | Department of State | Apply Now |
| Auto & Mobile Home Dealers (Used Only, No New) Bond | Motor Vehicle Dealer | Department of State | Apply Now |
| Motor Vehicle (Non-Dealer, Not Listed) Bond | Uniform Manufactured Housing Retailer's Bond | Michigan - Department of State | Apply Now |
| Motor Vehicle (Non-Dealer, Not Listed) Bond | Uniform Manufactured Housing Retailer's Consumer D | Dept of Licensing and Regulatory Affairs | Apply Now |
| Sport Permits Bond | Unarmed Combat License Bond | MI Department of Licensing and regulatory Affairs | Apply Now |
| Detectives Bond | Security Guard Agency | Dept. of Licensing and Regulatory Affiars | Apply Now |
| Detectives Bond | Professional Investigator or Professional Investig | Michigan Department of Energy, Labor and Economic | Apply Now |
| Employment Agencies Bond | Professional Employer Organization Bond | State of Michigan | Apply Now |
| Professional Licenses (All Other) Bond | Information Purchaser's Uniform Surety Bond | Michigan Department of State | Apply Now |
| Professional Licenses (All Other) Bond | Deferred Presentment Service Provider Bond | State of Michigian | Apply Now |
| Professional Licenses (All Other) Bond | Alarm Business Bond | Michigan Dept of Licensing and Regulatory Affairs | Apply Now |
| Professional Licenses (All Other) Bond | Door to Door Sales Bond (City of Lansing, MI) | City of Lansing | Apply Now |
| Schools (All) Bond | Driver Education Provider | Michigan Department of State | Apply Now |
| Schools (All) Bond | Office of Postsecondary Services - Proprietary Sch | Mich Dept Energy, Labor, Economic Growth | Apply Now |
| Schools (All) Bond | School of Cosmetology | State of Michigan-Board of Cosmetology | Apply Now |
| Schools (All) Bond | Basic Driver Improvement Course Sponsor Bond | Michigan Department of State | Apply Now |
| Alcohol (Manufacturers, Warehouses, Wholesalers) Bond | MLCC Non-Retail License | Michigan Liquor Control Commission | Apply Now |
| Alcohol (Retailers) Bond | Retailer or Applicant for Retail License Bond | MLCC - MICHIGAN LIQUOR CONTROL COMMISSION | Apply Now |
| Alcohol (Retailers) Bond | Special License for Sale of Beer, Wine, and Spirit | MI Department of Licensing and Regulatory Affairs | Apply Now |
| Utility Deposit Bond | Bond Guaranteeing Payment of Utility Bills | Consumers Energy | Apply Now |
| Money Transmitter Bond | Money Transmission Services Provider Bond | Office of Financial Services | Apply Now |
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!
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