South Dakota Surety Bond Overview

Running a business in South Dakota often requires obtaining a South Dakota surety bond, in order to operate legally. Bryant Surety Bonds is licensed to underwrite the full range of South Dakota surety bonds. We also have expert knowledge, and extensive experience in getting thousands of businesses bonded across the US.

Our Bad Credit Surety Bond Program is tailored to applicants with troubled finances, so even if your credit score isn’t perfect, you can still get bonded with us. We foster close relationships with more than 20 A-rated and T-listed South Dakota surety bond companies. This gives us the option to shop around for our clients, and offer them the best bonding deals.

If you’re ready to start your bonding process, you can apply online straight away.

You can also look for your South Dakota surety bond in the table below. For any questions or concerns, call us at (866)-450-3412.

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".

Investment Advisor (Blue Sky) Bond Division of Securities Uniform Surety Bond Apply Now
Insurance Agents/Brokers Bond SD Dept. Labor & Regulation Division of Insuranc Discount Medical Plans Bond Apply Now
Mortgage Broker (1st & 2nd Mortgages) Bond Division of Banking, State of South Dakota Mortgage Company Bond Apply Now
Mortgage Lender/Banker (1st & 2nd Mort.) Bond Division of Banking Mortgage Lender Apply Now
Mortgage Lender/Banker (1st & 2nd Mort.) Bond DIVISION OF BANKING MORTGAGE LENDER Apply Now
Mortgage Lender/Banker (1st & 2nd Mort.) Bond Division of Banking Money Lender Bond Apply Now
Auto & Mobile Home Dealers (New & Used) Bond Division of Motor Vehicles Vehicle Dealer Apply Now
Auto & Mobile Home Dealers (Used Only, No New) Bond Division of Motor Vehicles Vehicle Dealer Apply Now
Sales, Use & Consumer Tax Bond South Dakota Department Of Revenue and Regulations South Dakota Department of Revenue & Regulation Un Apply Now
Appraisal Management Department of Labor and Regulation Appraisal Management Company Registration Bond Apply Now

Types of South Dakota Surety Bonds

Bryant Surety Bonds can underwrite the South Dakota surety bond that you need, whether it’s a license and permit bond, construction bond, or court bond.

  • To obtain your South Dakota business license, you might have to post a license and permit bond.
  • For construction contractors bidding on public or private projects, construction bonds are a usual requirement.
  • Less often, a South Dakota court might ask you to provide court bonds.

Our bonding experts are available to help you out with the bonding process. Just call us at (866)-450-3412.

A complete overview of all South Dakota surety bond types is presented below.

South Dakota License & Permit Bonds

Many kinds of South Dakota businesses need to get licensed with a state, local, or city authority that governs their trade. A common element of this process is posting a license and permit bond.

Similarly to other states, in South Dakota surety bonds play an important role in ensuring the legal operation of companies. Bonds protect the interests of the state and its citizens against fraudulent activities.

You can think of your surety bond as an extra line of credit for your business. In case you do not abide by applicable rules, a claim can be made on your bond by an affected party. Proven claims can have serious financial consequences for bonded parties, such as reimbursement of claimants up to the penal sum of the bond.

The typical South Dakota license and permit bonds include:

South Dakota Construction Bonds

South Dakota construction contractors who want to participate in private and public construction projects are typically required to obtain construction bonds. This type of bond is only necessary on a per-project basis. Construction bonds protect project owners by guaranteeing the timely and quality performance of contractors.

The most common construction bonds include:

  • Bid bonds
  • Performance bonds
  • Payment bonds
  • Maintenance bonds

South Dakota Court Bonds

In some situations, a South Dakota state or local court can require you to post a court bond. This type of bond is less commonly used, and Bryant Surety Bonds is always ready to help you obtain a court bond if you need one.

The situations in which you might be asked to get a court bond include:

  • You might need a supersedeas bond, commonly referred to as an appeal bond, when you want to bring a court case to an appellate court (a court of higher instance).
  • A fiduciary bond might be needed if you have been appointed by a South Dakota probate court to function as a guardian of the assets, property, or affairs of another person.

Surety Bond Cost in South Dakota

To understand how your surety bond cost is formulated, there is an important distinction to be made. The surety bond amount, which is required from you by an authority, is different from the bond cost you need to cover.

The bond amount is the maximum reimbursement that can be paid on proven claims. Your bond price is only a percentage of this amount, which is called the bond premium. If your finances are in good shape, you can expect it to be in the range of 1% to 4% of the bond amount. For instance, if you need a $25,000 South Dakota auto dealer bond, you premium may be as little as a few hundred dollars.

When you complete a full application and submit it to your surety, the surety will assess your personal and business financials. On the basis of your overall stability, the surety will determine how risky it is to get you bonded. With solid finances, you can expect a lower bond price.

The factors that are examined when formulating your bond premium are:

  • Your personal credit score
  • Business financials
  • Professional experience
  • Assets and liquidity

Our surety bond cost calculator in the right sidebar of the page is a good starting point for estimating your bond price. Your exact South Dakota surety bond cost is available once you complete your full online application.

How to Get Bonded in South Dakota

If you’re wondering how the bonding process goes, obtaining your South Dakota surety bond is actually quite simple. You can apply online today for your free, no-obligations bond quote. After completing your application and including all necessary paperwork, we will review them and deliver your bond quote in no time.

It’s always a good idea to save copies of your original bond form for future reference.

For a complete picture on the bonding process, make sure to check out our detailed overview of how surety bonds work.

Bryant Surety Bonds’ experts are available to assist you with the bonding process and your application. If you need a consultation, just call us at (866)-450-3412.

About the author:
Todd Bryant
Todd Bryant is a graduate of Germantown Academy and the University of Pittsburgh College of Business Administration Honors College. He has been President of Bryant Surety Bonds, Inc., an A+ rated Business with the Better Business Bureau, since 2007. Licensed as a producer with the Department of Insurance, he has been published in the National Association of Surety Bond Producers newsletter and on numerous authoritative publications such as The Washington Post,, and many more.