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Most Popular Surety Bonds in Rhode Island
Find Your Rhode Island Surety Bond
Freight Broker Bond (BMC-84) | N/A | FMCSA | Apply Now |
General license & permit bond (not listed) | N/A | N/A | Apply Now |
Collection Agency Bond | Collection Agency | State of Rhode Island | Apply Now |
Professional Fund Raisers Bond | Professional Fund Raisers | Dept of Business Regulation - Securities Div | Apply Now |
Insurance Surplus Lines Brokers Bond | Surplus Lines Broker | General Treasurer of the State of Rhode Island | Apply Now |
Mortgage Broker (1st & 2nd Mortgages) Bond | Loan Broker | Dept of Business Regulation, Division of Banking | Apply Now |
Mortgage Lender/Banker (1st & 2nd Mort.) Bond | Mortgage Lender | Dept of Business Regulation, Division of Banking | Apply Now |
Auto & Mobile Home Dealers (New & Used) Bond | Dealer's License | Division of Motor Vehicles - Dealer's License & Re | Apply Now |
Auto & Mobile Home Dealers (Used Only, No New) Bond | Dealer's License | Division of Motor Vehicles - Dealer's License & Re | Apply Now |
Health Spas/Health Clubs Bond | Health Club License | Attorney General Office | Apply Now |
Detectives Bond | (Town of Cumberland) Detective Bond | Town of Cumberland | Apply Now |
Employment Agencies Bond | Employee Leasing Company Bond | Dept. of Revenue, Div. of Taxation | Apply Now |
Professional Licenses (All Other) Bond | Burglar Alarm Business Bond | Department of Labor and Training | Apply Now |
Alcohol (Manufacturers, Warehouses, Wholesalers) Bond | Alcohol Beverage Bond | State of Rhode Island Dept. of Business Regulation | Apply Now |
Telemarketing/Phone Solicitor Bond | Professional Solicitor or Fund Raising Counsel | Dept of Business Regulation | Apply Now |
Telemarketing/Phone Solicitor Bond | Telemarketer Solicitation | Dept of Attorney General, Consumer Protection Unit | Apply Now |
Do you need more information about the Rhode Island surety bond requirements? Call our bond experts at (877)-514-5146 to learn more.
How Much Does a Rhode Island Surety Bond Cost?
A surety bond in Rhode Island costs between $100 and $7,500. The specific bond amount required depends on the trade. For example, a freight broker bond requires $75,000, while an auto dealer bond is set at $50,000.
The bond you need to do business in Rhode Island is available at a premium price through an authorized surety company. We offer premium rates of 1% to 10%. When you apply, your credit scores, professional experience and financial assets are used to determine the rate you qualify for.
Over 99% of applicants qualify for their bond through us. To qualify for a premium rate of 1% to 3%, a 700 credit score is required. The rate will be between 3% and 5% for bond applicants with a 600 to 699 score. A 5% to 10% rate is offered to applicants with a score of 599 or below.
Surety Bond Cost Based on Credit Score |
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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 |
Rhode Island Auto Dealer Bond |
$50,000 |
$500 - $1,500 |
$1,500 - $2,500 |
$2,500 - $5,000 |
Rhode Island Contractor Bond |
$20,000 |
$200 - $600 |
$600 - $1,000 |
$1,000 - $2,000 |
Rhode Island Mortgage Broker Bond |
$25,000 |
$250 - $750 |
$750 - $1,250 |
$1,250 - $2,500 |
Rhode Island Surplus Lines Broker Bond |
$25,000 |
$250 - $750 |
$750 - $1,250 |
$1,250 - $2,500 |
Rhode Island Money Transmitter Bond |
$50,000 |
$500 - $1,500 |
$1,500 - $2,500 |
$2,500 - $5,000 |
How to Get a Surety Bond in Rhode Island
1. Explore Surety Bond Requirements
Buying the surety bond you need is a fast, straightforward process. First, research the bond requirements that apply to you. Resources for your research are available below. For details about a freight broker bond, please contact the FMCSA.
A new customer, Eddy, reached out to us to buy a contractor bond. Before applying, he had a few questions. Our bond experts provided the information he needed to complete the application. With instant bond quotes and online premium payments accepted, Eddy’s bond was set up quickly.
2. Apply for Your Bond Online
We've been meeting the bond needs of Rhode Island residents for over 10 years and are excited to be your trusted source for your new bond.
After reviewing the bond requirements, please take a few minutes to complete our simple online application. It only requires information about your bond type, amount, and other relevant details.
3. Get a Bond Quote
As soon as you submit your bond application, you will receive a free quote instantly. More complex applications require additional review. We provide quotes within 48 hours in these situations. Our knowledgeable bond experts are standing by to answer any questions you have about your quote.
4. Make Your Payment Online
Completing your purchase only requires a few minutes. Through our online payment system, pay the premium at your convenience. The bond will immediately be prepared and emailed to you. If requested, we can also mail your new surety bond.
We want to help you get the bond you need. For questions or assistance, please contact us or reach us by phone at (877) 514-5146.
Other Rhode Island Surety Bonds
Resources
Rhode Island License Info
Lance Surety Bonds is licensed to underwrite surety bonds in Rhode Island.
About Us
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!