Why Do I Need a Surety Bond in Idaho?

Surety bonds function as financial security for the state and the public and guarantee compliance with laws and regulations in Idaho.

Typically, you can obtain one of the following types of bonds:

  • If you want to get a business or professional license in Idaho, you may be required to present a license or permit surety bond as a form of financial security.

  • To work as a contractor in the state, you may also be asked to submit one or several contract bonds before you can bid or perform on a construction project.

  • In some cases, an Idaho court may request you to obtain a court bond, for example, to appeal a court ruling or when assuming the role of someone’s fiduciary or guardian.

To learn more about how surety bonds work and why you need one, see our detailed 'What is a surety bond' guide!

Idaho Auto Dealer Bond

Becoming an auto dealer in Idaho involves getting an Idaho auto dealer bond in an amount between $10,000 and $40,000.

Freight Broker Bond

A $75,000 freight broker surety bond is required of freight brokers and freight forwarders by the FMCSA.

Idaho Collection Agency Bond

To open a collection agency in Idaho, you will be required to post a $15,000 collection agency surety bond.

Idaho Public Adjuster Bond

When you apply for a public adjuster license in the state of Idaho, you will be asked to post a $20,000 public adjuster bond.

If you're ready to get bonded, see the table below to find the bond you need right away.

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".

Freight Broker Bond (BMC-84) FMCSA N/A Apply Now
Contractor License Performance & Payment (State) Bond State of Idaho Division of Building Safety HVAC Bo HVAC Contractor's/Specialty Contractor's Certifica Apply Now
Contractor License Performance & Payment (State) Bond Division of Building Safety Plumbing Contractor's/Specialty Contractor's Licen Apply Now
Investment Advisor (Blue Sky) Bond Idaho Department of Finance, Securities Bureau INDEMNITY BOND FOR INVESTMENT ADVISER Apply Now
Collection Agency Bond Dept of Finance Collection Agency Apply Now
Insurance Adjusters Bond Idaho Department of Insurance Bond Of Public Adjuster Apply Now
Mortgage Broker (1st & 2nd Mortgages) Bond Dept of Finance, Consumer Finance Bureau Surety Bond For Mortgage Broker Apply Now
Mortgage Lender/Banker (1st & 2nd Mort.) Bond Idaho Dept of Finance Mortgage Lender Apply Now
Auto & Mobile Home Dealers (New & Used) Bond Transportation Department Vehicle or Vessel Dealer Apply Now
Auto & Mobile Home Dealers (New & Used) Bond Idaho Division of Building Safety New and Used Manufactured/Mobile Home Dealer/Broke Apply Now
Auto & Mobile Home Dealers (Used Only, No New) Bond Transportation Department Vehicle or Vessel Dealer Apply Now
Sport Permits Bond Idaho Athletic Commission Mixed Martial Art Apply Now
Professional Licenses (All Other) Bond Racing Commission Advanced Deposit Wagering Bond Apply Now
Professional Licenses (All Other) Bond Idaho Department of Insurance Bail Agent Bond Apply Now
Professional Licenses (All Other) Bond City Clerk's Office Security Alarm Installation Bond (Boise, ID) Apply Now
Schools (All) Bond Board of Education Private Trade Schools Apply Now
Wages & Fringe Benefits Bond Idaho Department Of Labor Farm Labor Contractor Bond Apply Now
Money Transmitter Bond Department of Finance - Securities Bureau SURETY BOND FOR MONEY TRANSMITTERS Apply Now

How Much Does a Surety Bond Cost?

To get your Idaho surety bond, you’ll pay a surety bond premium determined on an individual basis by sureties. Premiums are always a fraction of the total amount of the bond. When determining the amount of your premium, sureties look at your personal credit score as their main reference. Those who have a high credit score are typically offered a standard market rate between 1%-3% of their bond’s full amount. For those whose credit score is low bonds are offered at a slightly higher rate, between 5%-15% of the full amount of their bond.

To get a rough estimate of the cost of your bond, use our surety bond cost calculator below.

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Surety Bond Cost Calculator

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The ballpark estimate on your premium is: $100 - $167

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To find out more about how exactly sureties determine rates on bonds, have a look at surety bond cost page.

Need more information? Call our surety experts at 866.450.3412 to find out more about the different types of surety bonds in the state.

How to Get Bonded in Idaho

To apply for a surety bond in Idaho simply submit our easy 2-min online application. We will contact you shortly with a free and exact quote and more details about the process.

Start your surety bond application today! Why us?
  • The lowest possible rates
  • A 100% money-back guarantee
  • Access to specialty programs, not available to small agencies

Further Reading

About us:
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.