What is a telemarketing bond?
A telemarketing bond is a type of license and permit bond which is required in most states for telemarketing companies that operate there, even if they are not located there. This bond typically is a licensing requirement and without it telemarketers cannot get licensed and operate legally.
What’s the purpose of this bond?
The purpose of this bond is to protect the public from telemarketing fraud, abuse, and other violations of state regulations. The telemarketing bond guarantees that bonded telemarketers and companies will comply with state regulations and only engage in honest and legitimate telemarketing practices.
If a telemarketer or company are found to have violated regulations by, for example, calling people who are on the National "Do Not Call Registry," then a claim can be made against their bond and claimants are compensated. Since telemarketing regulations are usually quite lengthy and complicated, these bonds can also offer protection in cases when telemarketers break regulations due to oversight rather than ill will.
Telemarketing bonds are necessary for every state in which a telemarketer is calling if such regulations are in place in those particular states. In other words, you will need 5 telemarketing bonds if you intend to solicit in, say, Texas, Utah, New York, California, and Arizona. They are required upon getting licensed as a telemarketer in that state.
See the sections below for more information about the cost of your surety bond, and how to get bonded! If you are new to surety bonds, see our detailed "What is a surety bond" guide!
Telemarketing Bond Cost
The cost of a telemarketing bond depends on the amount of the bond. For example, telemarketing bonds’ amounts in Arizona and California are $100,000, while in Florida and Ohio they are $50,000, $25,000 in New York, and $10,000 in Texas.
How is bond cost determined?
The cost of your telemarketing bond is a percentage of the amount of your bond. This percentage, or premium, is usually determined by sureties on the basis of your personal credit score as the most important factor. If you don’t know the amount of a bond for a particular state, it is always best to contact the relevant authorities in that state.
Applicants who have a high credit score, around or above 700 FICO, usually receive so-called standard market rates. These rates are often between 1%-4% of the total bond amount, though they may vary depending on the type of solicitation that you will be doing. Different types of telemarketing are more or less risky and the surety which backs your bond will also take this into account when determining your rate.
Your surety bond’s cost is influenced by other financial and business factors as well. Check out our extensive surety bond cost guide if you would like to find out more about other things sureties take into account when determining your rate, and how you can get a better one!
You can get an estimate of the cost of your bond by using our bond calculator below!
Surety Bond Cost Calculator
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Can I get bonded if I have a low credit score?
Since bad credit applicants are seen as a greater risk for sureties to underwrite, getting a bond if you have low credit is slightly more expensive. Rates for such applicants vary between 5%-10% of the total bond amount.
Yet, your bond cost is not set in stone, and by improving your credit score and other financial indicators, you can get increasingly better bond rates!
How to Get Your Telemarketing Bond
To get started with your bond application, complete our online form first! We’ll then provide you with a free and exact quote on your bond, along with further details about the bonding process.
You can always call us at 866.450.3412 to speak to one of our experts about your bonding requirements. Call us, don’t hesitate!
Find the Bond You Need
The table below contains a list of only the most popular surety bonds. If you can't find yours, fill out our online application and select "Not in the list".
|Alabama||Telemarketing||Office of the Attorney General||Apply Now|
|Alabama||Telemarketing Bond||Office of the Attorney General, Consumer Protectio||Apply Now|
|Arizona||Telephone Solicitation||Attorney General||Apply Now|
|Arkansas||Telephonic Seller||Office of the Attorney General||Apply Now|
|California||Telephonic Seller Bond||Attorney General's Office||Apply Now|
|Delaware||Telemarketing Registration and Fraud Prevention Ac||Director Of The Consumer Protection Unit Of The DE||Apply Now|
|Florida||Telemarketing Bond||Department of Agriculture and Consumer Services||Apply Now|
|Georgia||Charitable Solicitations Act Paid Solicitor Regist||Georgia Secretary of State||Apply Now|
|Hawaii||Telemarketing/Phone Solicitor||Department of the Attorney General - Tax Division||Apply Now|
|Illinois||Professional Fund Raiser||IL Office of the Attorney General||Apply Now|
|Kentucky||Professional Solicitor||State of Kentucky Attorney General||Apply Now|
|Kentucky||Telemarketing Company Bond||Attorney General||Apply Now|
|Local Government||Telemarketing Bond||Office of the Attorney General, Consumer Protectio||Apply Now|
|Louisiana||Professional Solicitor||Louisiana Dept of Justice||Apply Now|
|Maine||Transient Seller of Consumer Merchandise Bond||OFFICE OF PROFESSIONAL AND OCCUPATIONAL REGULATION||Apply Now|
|Maryland||Surety Bond for Professional Solicitors & Public S||State of Maryland, Office of the Secretary of Stat||Apply Now|
|Maryland||Door to Door Solicitor License Performance Bond||Prince George's County||Apply Now|
|Massachusetts||Bond for Professional Solicitors and Commerical Co||The Commonwealth of MA - Office of the Attorney Ge||Apply Now|
|Mississippi||No Call Program||Mississippi Public Service Commission||Apply Now|
|Mississippi||Telephone Seller Bond||Attorney General||Apply Now|
|New Hampshire||Charitable Solicitor||State of New Hampshire||Apply Now|
|New Mexico||Professional Fundraiser||New Mexico - Office of the Attorney General||Apply Now|
|New York||Telemarketing Bond||Department of State, Division of Licensing||Apply Now|
|Ohio||Bond for Professional Solicitor||Charitable Law||Apply Now|
|Ohio||Telephone Solicitor||Ohio Attorney General||Apply Now|
|Oklahoma||Telemarketing||Office of The Attorney General||Apply Now|
|Pennsylvania||BOND - FORM BCO-160||Department of State||Apply Now|
|Pennsylvania||Telemarketing Bond||Department of State||Apply Now|
|Rhode Island||Professional Solicitor or Fund Raising Counsel||Dept of Business Regulation||Apply Now|
|Rhode Island||Telemarketer Solicitation||Dept of Attorney General, Consumer Protection Unit||Apply Now|
|South Carolina||Professional Solicitor's||State of South Carolina||Apply Now|
|Tennessee||Professional Solicitor Bond||Tennessee Secretary of State||Apply Now|
|Texas||Telephone Solicitation||Office of Attorney General||Apply Now|
|Texas||Commercial Telephone Solicitor||Charitable Trust Section Consumer Protection Divis||Apply Now|
|Texas||Public Safety Organization, Independent Promoter||Texas - Office of Attorney General||Apply Now|
|Utah||Telemarketing/Phone Solicitor Surety||Office of The Attorney General||Apply Now|
|Virginia||Professional Solicitor Form 105||Dept of Agriculture & Consumer Affairs||Apply Now|
|West Virginia||Prof. Fund-Raising Counsels & Prof. Solicitors||Secretary of State||Apply Now|
|West Virginia||Office of Telemarketing Registration Corporate||Secretary Tax and Revenue, W VA Dept. of Tax & R||Apply Now|