Vermont Surety Bond Overview

Most states have surety bond requirements on the books, and Vermont is no different. Many Vermont businesses need a certain type of surety bond before they can operate in the state.

Bryant Surety Bonds is licensed to offer every type of Vermont surety bond. Not only do we offer the lowest possible rates in the country, but we also have an exclusive Bad Credit Program. Even if your credit score is low, with the help of our A-rated and T-listed surety partners, we can help you get the surety bond you need, and make sure you stay in compliance with the law.

Already know which Vermont surety bond you need? You can locate it in the table below and apply directly, thanks to our straightforward online application process. For any questions that may arise, our surety bonds agents are always ready to help at (866)-450-3412.

Keep reading below the table, to find even more information about bonds in the state of Vermont.

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 Department of Financial Regulation Investment Advisor Bond Apply Now
Mortgage Broker (1st & 2nd Mortgages) Bond Commisioner of Banking, Insurance, Securities and Mortgage Broker Apply Now
Mortgage Lender/Banker (1st & 2nd Mort.) Bond Commissioner of Banking & Insurance Mortgage Lender Apply Now
Mortgage Lender/Banker (1st & 2nd Mort.) Bond Commissioner of Banking & Insurance Loan Servicer Apply Now
Auto & Mobile Home Dealers (New & Used) Bond VT DOT - Agency of Transportation Motor Vehicle Dealer Apply Now
Professional Licenses (All Other) Bond Town of Highgate Town of Highgate, VT Pawn Shop Bond Apply Now
Alcohol (All Others) Bond Vermont Dept of Liquor Control Agent to Sell Spirituous Liquors Bond Apply Now
Sales, Use & Consumer Tax Bond State of Vermont Dept Taxes BOND TO STATE OF VERMONT Apply Now

Types of Vermont surety bonds

There are three categories of surety bonds you may need to post in Vermont:

  • License and permit bonds - a requirement for many businesses when they apply for a business license.
  • Construction bonds - frequently required for work on public construction projects and some private ones as well.
  • Court bonds - a Vermont court may order you to obtain one of these under certain circumstances

Bryant Surety Bonds has expertise in all three categories of surety bonds. Read further to learn more about each one of them.

Vermont License and Permit Bonds

This category of surety bonds– sometimes referred to as commercial bonds or license bonds– is the largest of the three. License bonds are required from a number of businesses which wish to obtain a business license in Vermont.

License bonds enable governments to ensure that businesses comply with state and federal regulations applicable to their trade. Failure to do so can result in a claim against the business. A successful claim can be very costly, so it’s always a good idea to learn more about the surety bond you need to post, and minimize your risk of a claim.

Some of the most frequently posted surety bonds are Vermont auto dealer bonds, freight broker bonds, and mortgage broker bonds.

Vermont Construction Bonds

Construction bonds are usually a requirement for contractors who wish to take on a public project, although some private projects also require them. There are several types of construction bonds, which each serve a different purpose, but the main goal is to protect the project owner from breach of contract or contractor default.

One project may require several different construction bonds, such as bid bonds during the bidding process, and performance and payment bonds when the project is awarded.

Vermont Court Bonds

The smallest category of surety bonds, courts bonds may sometimes be mandated by a Vermont court. Common instances that require a court bond are:

  • When you are appointed fiduciary of another person’s assets or property– you may need a fiduciary bond.
  • When you one to appeal a court judgment and take it to a higher instance– you may need an appeal bond, also called a supersedeas bond.

Surety Bond Cost in Vermont

Many people are puzzled about calculating the cost of their surety bond. In fact, estimating your cost is easy. There are two numbers which can help you quickly estimate the price of the Vermont surety bond you need.

The first one is called the total bond amount and it refers to the maximum penal sum, listed on the bond. Let’s say this sum is $50,000– this means the holder of the bond can be liable for up to $50,000 in case of a valid claim against them. This amount is set by the state and varies for different types of surety bonds.

To get a surety bond, the principal of the bond doesn’t need to post the full amount. Instead, they pay a premium to a surety underwriter. The premium is calculated after the surety bonds company completes a thorough evaluation of the applicant, which includes a credit report check. Your personal credit score is the single most important determinant of your bond premium. Other factors surety underwriters take into account are:

  • Personal finances
  • Business finances
  • Industry experience

Standard market applicants typically pay premiums of 1% - 4% of the total bond amount. For a $50,000 bond this means between $500 and $2,000.

Bad credit bonding generally works the same way, although applicants are considered higher risk, meaning that their premiums can increase up to 15%. Thanks to Bryant Surety Bonds’ Bad Credit Program, applicants can still get their Vermont surety bond at the lowest available rates.

Use the surety bonds calculator on your right to get an estimate on your surety bond premium. Call our agents at (866)-450-3412 to learn more about how you can reduce your price.

How to Get Bonded in Vermont

The last steps to obtaining your Vermont surety bond is submitting your online application. It’s quick and easy, and we will contact you shortly with a free, no-obligations bond quote. We’ll also ask you to submit a few extra documents, necessary for the completion of your application.

When the underwriting process is over, we will send you the original bond by mail, and you can always request copies by fax or email. We recommend keeping copies of all your bond forms for future reference.

Did you hit a roadblock with your application? Don’t hesitate to call us at (866)-450-3412. We’ll be more than happy to help!

If you wish to learn more about surety bonds you can check our “What is a Surety Bond?” page, or explore other surety-related topics in the Education Center.

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.