South Dakota Surety Bonds
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All types of South Dakota Surety Bonds - Image
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Most Popular Surety Bonds in South Dakota
Find Your South Dakota Surety Bond
| 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.
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Surety Bond Cost Based on Credit Score |
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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 |
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.
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!