Minnesota Surety Bonds
Complete Guide to getting Bonded in Minnesota
1. Start Your Application
2. Receive Your Free Quote
3. Buy Your Surety Bond
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All types of Minnesota surety bonds - Image
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Most Popular Surety Bonds in Minnesota
Find Your Minnesota Surety Bond
| Freight Broker Bond (BMC-84) | N/A | FMCSA | Apply Now |
| General license & permit bond (not listed) | N/A | N/A | Apply Now |
| Agricultural (Non-Livestock) Bond | Agricultural (Non-Livestock) Bond | Minnesota Dept of Agriculture | Apply Now |
| Contractor License (No P&P Language) Bond | Mechanical License Bond | Minnesota Department of Labor and Industry | Apply Now |
| Contractor License Performance & Payment (Local) Bond | General Contracting License Bond | City of Circle Pines | Apply Now |
| Contractor License Performance & Payment (State) Bond | Electrical Contractor Bond | Dept of Labor and Industry | Apply Now |
| Contractor License Performance & Payment (State) Bond | Sign Contractor | Dept of Labor and Industry | Apply Now |
| Contractor License Performance & Payment (State) Bond | Mechanical $25K | Dept of Labor and Industry | Apply Now |
| Contractor License Performance & Payment (State) Bond | Technology System Contractor Bond | Minnesota Department of Labor and Industry | Apply Now |
| Contractor License Performance & Payment (State) Bond | Non-Minnesota Contractor's Bond | State of Minnesota | Apply Now |
| Investment Advisor (Blue Sky) Bond | Investment Advisor | State Of Minnesota | Apply Now |
| Collection Agency Bond | Collection Agency (Corp/LLC) | Commissioner,Dept of Commerce | Apply Now |
| Collection Agency Bond | Collection Agency (Partnership) | Commissioner,Dept of Commerce | Apply Now |
| Collection Agency Bond | Collection Agency (Sole Prop.) | Commissioner,Dept of Commerce | Apply Now |
| Debt Consolidators Bond | Credit Service Organization | Dept of Commerce - Div of Financial Institutions | Apply Now |
| Professional Fund Raisers Bond | Professional Fund Raisers Bond | Office of the Attorney General | Apply Now |
| Insurance Adjusters Bond | Public Adjuster Surety Bond | Department of Commerce | Apply Now |
| Mortgage Broker (1st & 2nd Mortgages) Bond | Residential Mortgage Originator | Dept of Commerce | Apply Now |
| Mortgage Broker (1st & 2nd Mortgages) Bond | Residential Mortgage Servicer | Dept of Commerce, Division of Financial Examinatio | Apply Now |
| Mortgage Lender/Banker (1st & 2nd Mort.) Bond | Mortgage Lender | Dept of Commerce | Apply Now |
| Defective Title Bond | Ownership and Security Intrest Bond | MN Dept of Public Safety, Motor Vehicles | Apply Now |
| Auto & Mobile Home Dealers (New & Used) Bond | Motor Vehicle Dealer | Department of Public Safety - Driver and Vehicle S | Apply Now |
| Auto & Mobile Home Dealers (New & Used) Bond | Manufactured Home Dealer | Minnesota Department of Labor and Industry | Apply Now |
| Auto & Mobile Home Dealers (Used Only, No New) Bond | Motor Vehicle Dealer | Department of Public Safety - Driver and Vehicle S | Apply Now |
| Sport Permits Bond | Promoters Bond | MN Office of Combative Sports | Apply Now |
| Health Spas/Health Clubs Bond | Health, Dating or Buying Club | State of Minnesota | Apply Now |
| Auctioneers (Other than Livestock) Bond | Auctioneers (Other than Livestock) Bond | Hennepin County | Apply Now |
| Auctioneers (Other than Livestock) Bond | Auctioneers Bond (Dakota County, MN) | Dakota County | Apply Now |
| Detectives Bond | Protective Agent for Fee Bond | State of Minnesota | Apply Now |
| Detectives Bond | Private Detective or Investigator For Free Bond | State of Minnesota | Apply Now |
| Retail Stores & Service Shops | (City of Anoka, MN) Liquor License Type Bond | City of Anoka, MN | Apply Now |
| Medicare & Medicaid (Home Agencies, State) Bond | PCA Agency Bond | Dept of Human Services | Apply Now |
| Medicare & Medicaid (Durable Equip, State) Bond | DMEPOS Bond | MN Dept of Human Services | Apply Now |
| Professional Licenses (All Other) Bond | Professional Licenses (All Other) | Department of Human Services, State of Minnesota | Apply Now |
| Professional Licenses (All Other) Bond | Dept. of Commerce Currency Exchange | MN Department of Commerce | Apply Now |
| Professional Licenses (All Other) Bond | Fire Protection Bond | State Fire Marshall Division | Apply Now |
| Professional Licenses (All Other) Bond | Bullion Coin Dealer Bond (Corporation/LLC) | State of Minnesota | Apply Now |
| Professional Licenses (All Other) Bond | Franchisor Bond | State Of Minnesota | Apply Now |
| Professional Licenses (All Other) Bond | Interpreter Agency Bond (U Care Minnesota) | Commissioner of Human Services | Apply Now |
| Professional Licenses (All Other) Bond | Service Contract Provider Bond | Minnesota Department of Commerce | Apply Now |
| Professional Licenses (All Other) Bond | Wrecker of Buildings License Bond (Class B) | Licenses and Consumer Services | Apply Now |
| Schools (All) Bond | MINNESOTA DEPARTMENT OF TRANSPORTATION | Department of Transportation | Apply Now |
| Schools (All) Bond | Private School Bond | Minnesota Office of Higher Education | Apply Now |
| Schools (All) Bond | Commercial Driver Training School Bond | MN Driver and Vehicle Services | Apply Now |
| Alcohol (Manufacturers, Warehouses, Wholesalers) Bond | Alochol & Gambling Enforcement direcor Manufactors | Department of Public Safety Alcohol and Gambling E | Apply Now |
| Fuel Tax (All Others, Sellers & Users) Bond | International Fuel Tax Agreement and International | MN Dept of Public Safety | Apply Now |
| Utility Deposit Bond | Anoka Municipal Utility Bond | anoka municipal utility (AMU) | Apply Now |
| Auctioneer's (Net Proceeds Meet Amount) Bond | (Hennepin County, MN) Auctioneer Bond | Hennepin County | Apply Now |
| Wages & Fringe Benefits Bond | Fringe Benefit Bond (MCTCA) | MN & ND Bricklayers and Allied Craftworkers | Apply Now |
| Lottery Bond | Lottery Bond | Minnesota State Lottery | Apply Now |
| Money Transmitter Bond | Money Transmitter | STATE OF MINNESOTA DEPARTMENT OF COMMERCE CURRENCY | Apply Now |
Do you need more information about the Minnesota surety bond requirements? Call our bond experts at (877)-514-5146 to learn more.
How Much Does a Minnesota Surety Bond Cost?
The cost of a surety bond in Minnesota starts at $100 and may be up to $10,000. The required amount varies by bond type. For example, a $10,000 bond is required for credit services organizations, and mortgage brokers need a $100,000 bond.
Rather than pay this full amount to be licensed in Minnesota, you may purchase your bond by making a premium payment. Bonds are available from an authorized Minnesota surety bond company.
Premium rates start at 1% for well-qualified applications and go up to 10%. So, the cost of a mortgage broker bond in Minnesota starts at $1,000. The premium rate is determined by the applicant’s business experience, financial strength, and credit scores.
A rate of 1% to 3% is offered for applications with a 700 credit score or better. A rate of 3% to 5% is available for credit scores between 600 and 699. Applications with a 599 score or lower may qualify for a 5% to 10% premium rate.
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Surety Bond Cost Based on Credit Score |
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|
Surety Bond Name |
Surety Bond Amount |
Over 700 |
Between 600 - 699 |
Below 599 |
|
Minnesota Auto Dealer Bond |
$50,000 |
$500 - $1500 |
$1500 - $2500 |
$2500 - $5000 |
|
Minnesota Contractor License Bond |
$25,000 |
$250 - $750 |
$750 - $1250 |
$1250 - $2500 |
|
Minnesota Mortgage Broker Bond |
$100,000 |
$1000 - $3000 |
$3000 - $5000 |
$5000 - $10000 |
|
Minnesota Collection Agency Bond |
$50,000 |
$500 - $1500 |
$1500 - $2500 |
$2500 - $5000 |
|
Minnesota Credit Services Organization Bond |
$10,000 |
$100 - $300 |
$300 - $500 |
$500 - $1000 |
|
Freight Broker Bond |
$75,000 |
$750 - $2250 |
$2250 - $3750 |
$3750 - $7500 |
How to Get a Surety Bond in Minnesota
1. Determine the Surety Bond You Need
Surety bond requirements in Minnesota are established and enforced by state and federal authorities. Information about freight broker licensing and bonds is available from the FMCSA. To learn about auto dealer licensing, contact the Minnesota Department of Public Safety.
Additional resources are listed below. We make it easy to buy the bond you need in Minnesota. Contact us today if you have questions or run into a challenge.
2. Apply Online
To apply for any type of Minnesota surety bond, fill out the online application. Many applicants only need a few minutes to complete the form and submit it to us for review.
Doug had plans to get a contractor license and bond for a new business in Duluth. He spent a few minutes applying online and got an immediate, free quote from us. After he reviewed the quote, Doug paid the premium online and received the bond in his inbox.
3. Get a Bond Quote
Our team of bond experts has more than 10 years of experience. With a variety of bond programs available, we have bonded more than 99% of our applicants. In many cases, applications receive a no-obligation quote instantly. For more challenging applications, we will deliver a quote within 48 hours.
4. Pay Your Premium Online
When you are ready to finalize your bond purchase, simply use our online payment portal. Once we receive the payment, we will send the bond to you via email. At your request, we can also mail the bond to you.
Do you have questions or need assistance with setting up your bond? Contact us, or reach us by phone at (877) 514-5146.
Start your surety bond application. 100% money-back guarantee!
Other Minnesota Surety Bonds
Resources
Minnesota License Info
Lance Surety Bonds is licensed to underwrite surety bonds in Minnesota.
Additional Resources
Want to become licensed and bonded in Minnesota? See our detailed licensing guides to learn how to apply for a license:
About Us
What Our Clients Have To Say?
Quick response times and turn around for issuing bonds. Great customer service and very knowledgeable. We have used Lance Surety multiple times and have never been disappointed. Highly recommend them and Collette!
Long story short, these guys cut through the B.S. and get the job done. Responsiveness, excellent! Communication, excellent! Respect for their industry partners, excellent! John, Collette, Ryan, you're all-stars! Thank you!
We decided for Lance Surety Bond's quote for 2 reasons; Price and Customer Service. Our Representative Ryan was just SUPERB!! [...] I highly recommend Lance Surety Bond for all your Bonding needs! I'll definitely come back for all of mine. :-) Thanks Ryan!
Quick response times and turn around for issuing bonds. Great customer service and very knowledgeable. We have used Lance Surety multiple times and have never been disappointed. Highly recommend them and Collette!
Long story short, these guys cut through the B.S. and get the job done. Responsiveness, excellent! Communication, excellent! Respect for their industry partners, excellent! John, Collette, Ryan, you're all-stars! Thank you!
We decided for Lance Surety Bond's quote for 2 reasons; Price and Customer Service. Our Representative Ryan was just SUPERB!! [...] I highly recommend Lance Surety Bond for all your Bonding needs! I'll definitely come back for all of mine. :-) Thanks Ryan!