California Residential Mortgage Lender Bond: A Comprehensive Guide This guide provides information for insurance agents to help residential mortgage lenders and servicers obtain California Residential Mortgage Lender Bonds At a Glance: Lowest Cost: $375 per year or $38 per month based on the lender and/or servicer’s credit Bond Amount: $50,000 Who Needs It: All residential
California Deferred Deposit Transaction Bond: A Comprehensive Guide This guide provides information for insurance agents to help payday lenders obtain California Deferred Deposit Transaction Bonds At a Glance: Lowest Cost: $375 per year or $38 per month based on the payday lender’s credit Bond Amount: $25,000 Who Needs It: All payday lenders seeking to obtain
California Money Transmitter Bond: A Comprehensive Guide This guide provides information for insurance agents to help money transmitters obtain California Money Transmitter Bonds At a Glance: Lowest Cost: $7,500 per year or $750 per month based on the money transmitter’s credit Bond Amount: Between $500,000 to $2 million (more on this later) Who Needs It:
California Prorater Bond: A Comprehensive Guide This guide provides information for insurance agents to help proraters obtain California Prorater Bonds For information regarding the California Sale of Checks Bond, click here. To learn more about the California Bill Payer Bond, click here. At a Glance: Lowest Cost: $25,000 business license bond: Between $375 per year
California Bill Payer Bond: A Comprehensive Guide This guide provides information for insurance agents to help bill payers obtain California Bill Payer Bonds For information regarding the California Sale of Checks Bond, click here. To learn more about the California Prorater Bond, click here. At a Glance: Lowest Cost: $25,000 business license bond: Between $375
California Check Seller Bond: A Comprehensive Guide This guide provides information for insurance agents to help check sellers obtain California Check Seller Bonds For information regarding the California Bill Payer Bond, click here. To learn more about the California Prorater Bond, click here. At a Glance: Lowest Cost: $500,000 business license bond: Between $7,500 per
California Student Loan Servicing Bond: A Comprehensive Guide This guide provides information for insurance agents to help student loan servicers obtain California Student Loan Servicing Bonds At a Glance: Lowest Cost: $500 per year or $50 per month based on the student loan servicer’s credit Bond Amount: Based on the dollar amount of loans serviced:
California Credit Service Organization Bond: A Comprehensive Guide This guide provides information for insurance agents to help credit service organizations obtain California Credit Service Organization Bonds At a Glance: Lowest Cost: $1,000 per year or $100 per month based on the bond applicant’s credit Bond Amount: $100,000 Who Needs It: All business entities seeking to register
California Contractor License Bonds Contractor license bonds protect the public from financial harm resulting from violations of licensing law committed by the contractor and their employees. The State of California requires contractors to obtain specific surety bonds correlating with their license type. We have compiled comprehensive guides on these bonds to assist insurance agents
California Bond of Qualifying Individual: A Comprehensive Guide Effective January 1, 2023, the limit on the California Bond of Qualifying Individual has increased from $15,000 to $25,000 as a result of Senate Bill 607. This page has been updated to reflect the change. At a Glance: Lowest Cost: $141 per year or $15 per month,
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