South Dakota Surety Bonds

Complete Guide to getting Bonded in South Dakota
South-Dakota
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    All types of South Dakota Surety Bonds
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    Free bond quote within minutes
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    Safe online application
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    Great bonding rates

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Most Popular Surety Bonds in South Dakota

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A $75,000 bond is required for freight brokers and forwarders to work in South Dakota.
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Auto Dealer Bond
Motor vehicle dealers in South Dakota must comply with the $25,000 surety bond requirement.
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Contractor License Bond
South Dakota requires contractors to have a $25,000 surety bond, and additional bond requirements apply for select trades and cities.
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Mortgage Broker Bond
Mortgage brokers in South Dakota must have a surety bond up to $50,000 based on loan volume.
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debt-collection
Money transmitters in South Dakota need to have a surety bond of at least $100,000 based on daily volume.
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medicaid-bonds.svg
Medicare suppliers of DMEPOS must have a $50,000 surety bond for each National Provider Identifier.

Find Your South Dakota 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
Investment Advisor (Blue Sky) Bond Uniform Surety Bond Division of Securities Apply Now
Insurance Agents/Brokers Bond Discount Medical Plans Bond SD Dept. Labor & Regulation Division of Insuranc Apply Now
Mortgage Broker (1st & 2nd Mortgages) Bond Mortgage Company Bond Division of Banking, State of South Dakota Apply Now
Mortgage Lender/Banker (1st & 2nd Mort.) Bond Mortgage Lender Division of Banking Apply Now
Mortgage Lender/Banker (1st & 2nd Mort.) Bond MORTGAGE LENDER DIVISION OF BANKING Apply Now
Mortgage Lender/Banker (1st & 2nd Mort.) Bond Money Lender Bond Division of Banking Apply Now
Auto & Mobile Home Dealers (New & Used) Bond Vehicle Dealer Division of Motor Vehicles Apply Now
Auto & Mobile Home Dealers (Used Only, No New) Bond Vehicle Dealer Division of Motor Vehicles Apply Now
Sales, Use & Consumer Tax Bond South Dakota Department of Revenue & Regulation Un South Dakota Department Of Revenue and Regulations Apply Now
Appraisal Management Appraisal Management Company Registration Bond Department of Labor and Regulation Apply Now

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

How Much Does a South Dakota Surety Bond Cost?

The cost of a surety bond in South Dakota ranges from $250 to $10,000. The required bond amount varies. For example, auto dealers are required to have a $25,000 bond while mortgage brokers need a $50,000 bond. 

Through an authorized South Dakota surety company, you can purchase a bond at a premium. Rather than paying the full bond amount, you can get your bond at a premium rate of 1% to 10%. Your credit score, professional experience, and fixed and liquid assets are considered when determining the rate.

Over 99% of our applicants qualify for their required bond. We offer a premium rate between 1% and 3% for a 700 credit score or higher. A rate of 3% to 5% is available to applicants with a 600 to 699 credit score. Credit scores of 599 or lower are eligible for a 5% to 10% premium.

Surety Bond Cost Based on Credit Score

Surety Bond Name

Surety Bond Amount

Over 700

Between 600 - 699

Below 599

South Dakota Auto Dealer Bond

$25,000

$250 - $750

$750 - $1,250

$1,250 - $2,500

South Dakota Contractor Bond

$25,000

$250 - $750

$750 - $1,250

$1,250 - $2,500

South Dakota Mortgage Broker Bond

$50,000

$500 - $1,500

$1,500 - $2,500

$2,500 - $5,000

South Dakota Money Transmitter Bond

$100,000

$1,000 - $3,000

$3,000 - $5,000

$5,000 - $10,000

South Dakota Medicare DMEPOS Bond

$50,000

$500 - $1,500

$1,500 - $2,500

$2,500 - $5,000

Freight Broker Bond

$75,000

$750 - $2,250

$2,250 - $3,750

$3,750 - $7,500

* 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 South Dakota

1. Research the Surety Bond You Need

Set aside a few minutes to learn about your surety bond needs before applying. You can reach the South Dakota Department of Revenue for details about auto dealer and contractor bonds. The FMCSA is the authority for freight broker bonds. 

Gavin was in the market for a South Dakota contractor bond when he contacted us recently. He took advantage of our online application to get an instant bond quote. Gavin made the premium payment online and quickly received the bond via email. 

2. Apply for Your Bond Online

When you know about bond requirements that apply to you, take a couple of minutes to fill out the online application. Our surety company has been trusted by South Dakota’s professionals for more than a decade, and we are pleased to offer a fast, hassle-free bonding experience. 

3. Get a Bond Quote

We offer instant, no-obligation quotes to our South Dakota customers, enabling you to learn about your premium rate without delay. If your situation is challenging, we will issue a quote in 48 hours or less. Our bond experts are available to answer your questions about your quote. 

4. Make Your Payment Online

When you are ready to make your purchase, simply pay the premium online. Your bond will be prepared and emailed to you promptly. If you prefer, we can email the surety bond to you upon request. 

Setting up your South Dakota surety bond is easy to do when you apply with us. Our dedicated bond team is available to assist you with your application if you have questions or run across a hurdle. Contact us or reach us by phone at (877) 514-5146.

Other South Dakota Surety Bonds

Resources

South Dakota License Info

Lance Surety Bonds is licensed to underwrite surety bonds in South Dakota.

License Number # 10021559


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!