License and permit surety bonds are a specific type of surety bond required by federal, state, and local government agencies to ensure that a business stays in compliance with all applicable laws and regulations. Sometimes called “commercial bonds” or even just “license bonds,” license and permit bonds are often a pre-licensing requirement necessary in order to obtain your desired license or permit.
Whether you’re hoping to enter into business as a mortgage broker, are starting a new career in home health care, are looking to obtain your contractor license, or are entering any number of other businesses or construction projects, a license or permit could very well be required. And if your desired license or permit requires a bond, you’ll need a license and permit surety bond to guarantee adherence to applicable laws and regulations.
Each differing license and permit bond is is distinct to one particular industry or profession. License and permit bonds are often required everything from plumbing to opening a street to guaranteeing the collection of fuel taxes. The bond amount of a license and permit bond will vary based on the type of business and the particular government agency requiring the bond.
So where can new and existing businesses purchase surety bonds for their required licenses and permits?
Colonial Surety Company offers a direct and digital way to instantly obtain license & permit bonds as well as other surety bonds. We are the insurance company — which means no agent, no broker, and no middleman. We make it easy to instantly obtain or renew your bond, even if switching from another surety company. The steps are easy — get a quote online, fill out your information, and enter your payment method. Get your bond now.