Rhode Island Surety Bonds

Complete Guide to getting Bonded in Rhode Island
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    Bonds by A-rated and T-listed companies
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    Fast and secure online application
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    100% money-back guarantee
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    Bad credit bonding options

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Most Popular Surety Bonds in Rhode Island

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A $75,000 surety bond is needed for freight brokers and forwarders to work in Rhode Island.
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Auto Dealer Bond
A $50,000 surety bond is a legal requirement for auto dealers in Rhode Island.
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Contractor License Bond
A licensed contractor working in Rhode Island is required to have a $20,000 surety bond.
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Mortgage Broker Bond
In Rhode Island, a licensed mortgage lender must have a $50,000 surety bond, while a loan broker requires a $20,000 bond.
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legal-document
A surplus lines broker is required to have a $25,000 surety bond to operate in Rhode Island.
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debt-collection
To operate a money transmitter business in Rhode Island, a $50,000 surety bond is required.

Find Your Rhode Island 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
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

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

* 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 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.

License Number # 3000550603


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!