How Much Does a $35,000 Surety Bond Really Cost?

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The cost of a $35,000 surety bond depends on a few key factors, including the type of bond, your credit score, and your financial credentials. Surety bond premiums typically range between 0.75% and 10% of the total bond amount.

This means the cost of a $35,000 bond can range from as low as $262 to as high as $3,500, depending on your credit profile and the specific bond requirements.

Factors That Impact the Premium for a $35,000 Surety Bond

There isn’t a fixed bond premium for a $35,000 surety bond. Your premium is based on a risk assessment completed by the surety provider. Key factors include:

• Credit score: Personal credit is one of the most important pricing factors. Applicants with good credit (typically 700 or above) can expect to pay a lower premium, often between 0.75% and 3%.
• Type of bond: Some bond types (such as license and permit bonds) carry less risk and may be more affordable than others (like court or construction bonds).
• Business and financial history: Your industry experience, company financials, and whether you've had any prior bond claims can also influence your rate.
• State regulations: In some cases, bond requirements differ by state, which can affect how much you’ll pay.

$35,000 Surety Bond Cost by Credit Score

Here’s a general idea of what you can expect to pay for a $35,000 bond based on your credit score:

Keep in mind that these ranges are estimates. The final premium can vary depending on the factors mentioned above.

Can I Get a $35,000 Bond With Bad Credit?

Yes. While your credit score does impact the premium you’ll pay, you can still get bonded with bad credit.

Most bond providers view credit scores of 650 FICO or lower as a high risk. Once an applicant falls below this threshold, they’re typically classified as having average to bad credit and can expect to pay higher rates. For those with lower credit, bond rates usually range from 5% to 10% of the total bond amount. So, for a $35,000 bond, the premium could be anywhere from $1,750 to $3,500.

If you’ve had credit issues in the past, our team can help you find the most competitive rates available for your situation. To get started, complete our bond form below to get a free quote on your bond:

If you need to know more about getting bonded with a lower credit score, you can also call us at 866.450.3412 anytime!

Most Common $35,000 Surety Bonds

Auto Dealer Bonds

Used car dealers in Georgia need to post a $35,000 auto dealer bond in order to get licensed. The same amount is required from used-car and wholesale dealers in Maryland, who sell between 501 and 1000 vehicles per year.

Title Agency Bonds

Title insurance agencies in Florida are required to post a $35,000 surety bond as part of the licensing process. This bond helps ensure agencies handle client funds responsibly and comply with Florida’s insurance regulations.

Collection Agency Bonds

Collection agencies operating in Wisconsin must post a $35,000 surety bond to obtain a license (if any of the agenc's records are maintained outside of the state). This bond ensures agencies comply with state regulations and protects consumers from abusive or unlawful collection practices.

Mortgage Broker Bonds

Mortgage brokers in South Dakota must post a surety bond based on their annual loan volume. Those originating between $25 million and $100 million in loans are required to post a $35,000 bond. This bond protects clients and ensures compliance with state lending regulations.

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About us:

Bryant Surety Bonds

Bryant Surety Bonds, Inc. is a surety bond agency based in Pennsylvania. Licensed in all 50 states and with access to over 20 T-listed, A-Rated bonding companies, we have the contacts, expertise, and top service to provide you with a hassle-free experience, all while offering competitive rates for your surety bond.

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Frequently Asked Questions

• What is a Surety Bond?
• What does a Surety Bond cost?
• How much does a Freight Broker Bond cost?
• What's the difference between BMC-84 Bond and BMC-85

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