Mississippi Surety Bonds
Complete Guide to getting Bonded in Mississippi
1. Start Your Application
2. Receive Your Free Quote
3. Buy Your Surety Bond
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Every type of Mississippi surety bond - Image
Lowest rates guaranteed - Image
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Online application for faster approval
Most Popular Surety Bonds in Mississippi
Find Your Mississippi Surety Bond
Do you need more information about the Mississippi surety bond requirements? Call our bond experts at (877)-514-5146 to learn more.
How Much Does a Mississippi Surety Bond Cost?
The cost of a Mississippi surety bond ranges between $100 and $50,000. Numerous types of bonds are required by various authorities with required bond amounts from $500 to $500,000. However, you do not need to pay the full bond amount in order to lawfully do business in Mississippi.
Our Mississippi surety company offers bonds at a premium rate of 1% to 10%. For over 10 years, we have been meeting the state’s bond needs and have provided more than 99% of applicants with their bonds.
Upon applying for your bond with our authorized surety company, several factors will be reviewed to determine your rate. These are credit scores, business credentials and financial assets. Bonds are available for most credit scores.
A 1% to 3% premium rate applies to applicants with a 700 or higher credit score. A 3% to 5% rate is available for those with a 600 to 699 credit score. We offer a 5% to 10% rate to applicants with a 599 score or lower.
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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 |
|
Freight Broker Bond |
$75,000 |
$750 - $2,250 |
$2,250 - $3,750 |
$3,750 - $7,500 |
|
Mississippi Auto Dealer Bond |
$15,000 |
$150 - $450 |
$450 - $750 |
$750 - $1,500 |
|
Mississippi Contractor Bond |
$5,000 |
$100 - $150 |
$150 - $250 |
$250 - $500 |
|
Mississippi Mortgage Broker Bond |
$25,000 |
$250 - $750 |
$750 - $1,250 |
$1,250 - $2,500 |
|
Mississippi Money Transmitter Bond |
$500,000 |
$5,000 - $15,000 |
$15,000 - $25,000 |
$25,000 - $50,000 |
|
Mississippi Sales Tax Bond |
$500 |
$100 |
$100 |
$100 |
How to Get a Surety Bond in Mississippi
1. Research Surety Bond Requirements
Many authorities at the state and local levels require surety bonds. For example, the Department of Revenue is responsible for auto dealer licensing requirements. Many cities establish contractor bond requirements. In addition, the FMCSA is the federal authority for freight brokers.
Links to state-level resources are available below for your convenience. For assistance, please reach out to our bond experts.
2. Apply for Your Bond Online
It only takes a few minutes to fill out the online application and learn about your bond premium rate. Our application requires only essential information, including the bond amount and type as well as personal and professional information.
Sandra contacted us for her mortgage broker bond recently. With her 603 credit score, she expected a stressful bonding experience. However, soon after applying online, she got a quote. We emailed her bond quickly after she paid the premium, allowing her to finish her broker license application.
3. Get a Bond Quote
A free bond quote is available to all our valued customers. For most, the quote is instant. However, some applications are more complex and require greater review. In these situations, a quote is available in 48 hours or less.
4. Make Your Payment Online
The final step in our easy process is paying the bond premium. After using our online payment portal to make the payment, you will receive your new surety bond via email. We are also happy to mail the document to you, if requested.
Our bond experts provide excellent customer service and are available to help with your bond purchase as needed. For assistance, contact us or reach us by phone at (877) 514-5146.
Other Mississippi Surety Bonds
Resources
Mississippi License Info
Lance Surety Bonds is licensed to underwrite surety bonds in Mississippi.
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!
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!
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!