California Surety Bonds Overview
Bryant Surety Bonds offers all types of surety bonds in the state of California. As a surety bond agency working only with A-rated and T-listed surety bond companies, we can provide you with California surety bonds at the lowest and most competitive rates.
Types of California Surety Bonds
We offer all possible surety bonds for California you may need - both California commercial surety bonds as well as California contract bonds.
When it comes to obtaining a business license, such as a mortgage broker license or a auto dealer license, California has some of the strictest requirements. Among other things, businesses need to obtain a high-quality bond that is backed by a reliable and certified bond company.
Contract bonds, such as payment and performance bonds, necessary for contractors and subcontractors are also in high demand.
For an overview of the most popular bonds in the state see the list below. If you can’t find what you are looking for, Give us a call at (866)-450-3412 to receive assistance from one of our surety bonds experts.
California Surety Bonds Cost
The cost of California surety bonds varies depending on the type of bond you need to obtain. Some bonds, such as the $75,000 Freight Broker Bond, are the same price across the country, while others depend on individual states’ regulations or on the particular bond.
Main determining factors in calculating the price of your California surety bond premium are:
- Personal credit score
- Personal and business financials
- Your industry experience
- How long you’ve been in business
These factors will all determine the cost of your bond premium, which has to be paid on a yearly basis. If you have good credit, you will be offered a California surety bond at standard market rates, ranging between 1%-4% of the full bond amount.
If your personal credit score is low, or there are other contributing factors making you a high-risk applicant, you will be subject to a slightly higher premium, ranging between 5%-15% of the total amount. Even if you have a bad credit score you can still get a California surety bond with us through our Bad Credit Surety Bond Program.
You can make an initial ballpark estimate calculation for your California surety bond by using our surety bond calculator in the sidebar on the right.
You can also review our Surety Bond Cost page for full details on how surety bond cost is determined.
How to Get Your California Surety Bond
Getting your California surety bond is simple.
To obtain a California commercial surety bond you can apply online. In a matter of minutes you will receive a free quote for your bond. After that you will have to submit all the relevant information, along with your bond form, and the process will be well on its way.
To apply for contract surety bonds in California, following our Fast Track Program (if your bond is under $250,000) or the regular application process for Full Bond Line Project Over $250,000. Simply fill in the relevant online forms and send them to us, along with all required information.
If you have any questions, or would like to speak to one of our surety bond experts, call us at (866)-450-3412.
If this is your first time obtaining a surety bond, you can review our ‘What is a surety bond?’ page to receive detailed explanations about how surety bonds work, and what type of surety bonds there are.