Quick Answer
California requires Non-Dominant Interexchange Carriers (NDIECs) — certain telecommunications providers — to file a $25,000 performance bond with the California Public Utilities Commission (CPUC). The bond protects consumers and the state by guaranteeing the carrier meets its regulatory obligations. It is a continuous bond, and carriers should be aware of the annual compliance cycle (commonly tied to a March 31 deadline). You pay a premium that is a percentage of the $25,000, not the full amount.
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Iowa Public Adjuster Bond Guide: $50,000 Requirement, Cost & How to Get One
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Iowa requires licensed public insurance adjusters to obtain a $50,000 surety bond, a requirement updated under HF 2516 (effective July 2025). The bond protects policyholders and insurers from adjuster fraud or misconduct. You pay a premium that is a percentage of the $50,000, not the full amount. The bond must be in place before the Iowa Insurance Division issues the public adjuster license.
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New Jersey Home Improvement Contractor Bond Guide: Requirements, Cost & How to Get One
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New Jersey requires home improvement and home elevation contractors to obtain a surety bond, with the amount — $10,000, $25,000, or $50,000 — tied to the contractor's aggregate contract volume under the New Jersey Department of Community Affairs rules (PL 2023 c.237). The bond protects consumers from contractor fraud or failure to perform. You pay a premium that is a percentage of the bond amount, not the full amount. The bond must be in place before registration is approved.
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New Mexico VIN Inspector Bond Guide: $30,000 Requirement, Cost & How to Get One
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New Mexico requires certified VIN (Vehicle Identification Number) inspectors to obtain a $30,000 surety bond. The bond protects the state and the public from errors or misconduct in VIN inspections, which verify a vehicle's identity for titling and registration. You pay a premium that is a percentage of the $30,000, not the full amount, and the bond is commonly issued for an annual term. It must be in place before the inspector certification is active.
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New York Automobile Broker Bond Guide: $100,000 Requirement, Cost & How to Get One
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New York requires licensed automobile brokers to obtain a $100,000 surety bond under General Business Law Article 35-B. The bond protects consumers who use an auto broker to purchase or lease a vehicle, covering financial harm from broker fraud or failure to perform. You pay a premium that is a percentage of the $100,000, not the full amount. The bond must be in place before the automobile broker registration is approved.
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Wisconsin Auto Dealer Bond Guide: Requirements, Cost & How to Get One
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Wisconsin requires a $50,000 motor vehicle dealer bond for retail dealers, with a reduced bond for wholesale-only dealers. The bond protects customers and the state from dealer fraud, title problems, and unpaid taxes. Premiums run 1–3% of the bond amount for good credit, or up to 10% for bad credit. The bond must be filed with the Wisconsin Department of Transportation before a dealer license is issued.
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Colorado Auto Dealer Bond Guide: Requirements, Cost & How to Get One
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Colorado requires a $50,000 motor vehicle dealer bond to obtain a dealer license. The bond protects customers and the state from dealer fraud, title problems, and unpaid taxes. Premiums run 1–3% of the $50,000 for good credit, or up to 10% for bad credit. The bond must be filed with the Colorado Auto Industry Division before a dealer license is issued.
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Colorado uses a flat $50,000 motor vehicle dealer bond. This guide covers the requirement, co...Read More
Pennsylvania Auto Dealer Bond Guide: Requirements, Cost & How to Get One
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Pennsylvania requires a motor vehicle dealer bond to obtain a vehicle dealer license. The bond protects customers and the state from dealer fraud, title problems, and unpaid taxes. Premiums run 1–3% of the bond amount for good credit, or up to 10% for bad credit. The bond must be filed with the Pennsylvania Board of Vehicles before a dealer license is issued.
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New York Auto Dealer Bond Guide: Requirements, Cost & How to Get One
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New York requires a motor vehicle dealer bond that scales with sales volume — from $20,000 for lower-volume dealers up to $100,000 for higher-volume dealers. The bond protects customers and the state from dealer fraud, title problems, and unpaid taxes. Premiums run 1–3% of the bond amount for good credit, or up to 10% for bad credit. The bond must be filed with the New York DMV before a dealer license is issued.
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Indiana Contractor License Bond Guide: Requirements, Cost & How to Get One
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Indiana sets contractor bond requirements at the city and county level rather than statewide. Counties like Johnson and cities like South Bend require their own contractor bonds for trades such as excavation, utility, plumbing, and general contracting — commonly $3,000 to $20,000. Premiums run 1–3% of the bond amount for good credit. To get bonded, confirm the specific local requirement, then obtain a bond matching that jurisdiction's amount and form.
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Connecticut Contractor License Bond Guide: Requirements, Cost & How to Get One
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Connecticut sets most contractor bond requirements at the town level rather than statewide. Towns like Windsor and North Haven require their own general contractor, building, sidewalk, and excavating bonds, commonly $10,000. Premiums run 1–3% of the bond amount for good credit. To get bonded, confirm your town's specific requirement first.
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Connecticut contractor bonding is primarily handled at the town level. Individual municipalities r...Read More
Massachusetts Contractor License Bond Guide: Requirements, Cost & How to Get One
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Massachusetts does not have a single statewide contractor license bond. Instead, contractor bonds are set at the city and county level — municipalities like Boston and Brookline require their own contractor, drainlayer, sidewalk, and excavation bonds, typically $5,000 to $25,000. Premiums run 1–3% of the bond amount for good credit. To get bonded, contractors confirm the specific municipal requirement, then obtain a bond matching that city's exact amount and form.
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Texas Notary Bond Guide: $10,000 Requirement, Cost & How to Get One
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Texas requires every notary public to obtain a $10,000 surety bond before being commissioned. The bond protects the public from financial harm caused by the notary's errors or misconduct — not the notary. It runs for the 4-year commission term and typically costs $71.57 (includes $21.57 mandatory Texas filing fee). Texas notaries can also buy optional Errors & Omissions (E&O) insurance for their own protection, since the bond does not cover the notary.
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California Notary Bond Guide: $15,000 Requirement, Cost & How to Get One
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California requires every notary public to file a $15,000 surety bond before their commission takes effect. The bond protects the public from financial harm caused by notarial errors or misconduct — not the notary. It runs for the 4-year commission term and typically costs around $38. California also requires a separate Errors & Omissions (E&O) insurance policy choice for notaries who want personal protection, since the bond does not cover the notary.
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