YOU NEED TO BE BONDED. FIRST, WHAT IS A SURETY BOND?
A surety bond in Minnesota is like a loan from a bank and must be repaid. Because they must be repaid, credit is often a factor on bonds over $25,000. If the credit doesn’t meet the requirements of those larger bonds, you can expect to pay more. A surety bond is not insurance. Did you find our website by typing surety bond cost MN?
Minnesota’s surety bond is an agreement between three parties: the principal, the surety, and the obligee. The principle is the business or individual. The surety is the bonding company. The obligee is typically a city, state, or government.
Our sister website also sells a wide range of surety bonds.
WHY ARE SURETY BONDS NEEDED IN MINNESOTA? CHEAP SURETY BOND COST MN
A bond is a risk transfer device; it has been around since 2750 BC. It is a contract of financial guarantee. The Minnesota construction industry provides construction project owners with assurance and financial security. The construction industry is a high-risk business. Fifty percent of all construction firms will be out of business in six years.
Minnesota law requires surety bonds on public works projects. Many privately owned construction projects also need them. Again, it’s a contract of financial guarantee. A surety bond guarantees the obligee that if the principal does not meet the contract requirements, the guarantor (bonding company) will reimburse the obligee.
Many contractors require bonds to obtain their licenses, such as plumbing (plumbing bond), electrical (electrical bond), HVAC (mechanical bond), and low-voltage, among others. These are license bonds, and they serve to protect the public. Did you find us by searching for ‘surety bond cost MN’?
We write a lot of lost title bonds for Minnesota residents. If you do not have a title for your vehicle because you lost it, bought a car with no title, or have been a victim of title-jumping, fear not. You can post a bond for the vehicle’s value and get back on the road. The State of Minnesota will indicate the value of the bond on its paperwork. Provide us with that value and some basics, and we can complete your bond in minutes.
from HERE ARE SOME OF THE TYPES OF BONDS WE HANDLE EACH DAY. LOW SURETY BOND COST MN!
Please review some of the licenses and permit bonds we write.
- Alcohol Tax _ Liquor Bond
- ARC Bond
- Auto Dealer Bond
- Collection Agency Bond
- Customs Bond
- Electrical Bond
- Fuel Tax Bond
- Funeral Bond
- Health Club Bond
- Home Health Care Agency Bond
- Insurance Broker Bond
- Immigration Consultant Bond
- Lost Instrument Bond
- Lost Title Bond
- Lottery Bond
- Master Plumber Bond
- Mechanical Bond
- Medicare – Medicaid Bond
- Money Transmitter Bond
- Mortgage Broker Bond
- Mortgage Lender Bond
- Process Server Bond
- Public Adjuster Bond
- Public Server Bond
- Reclamation Bond
- Small Loan Companies Bond
- SSTS Business License Surety Bond
- Surplus Lines Broker Bond
- Telemarketing Bond
- Title Agency Bond
- Tobacco Bond
- Union Bond
- Utility Bond
- Vehicle Title bond
- And many more…
Look at some of the commercial bonds we write!
- Business Services Bond
- Employee Theft Bond
- ERISA Bond
- Janitorial Bond
- Sales Tax Bond
- Taxable Fuel Bond
Look at some of the construction bonds we write!
- Bid Bond
- Payment Bond
- Performance Bond
- Maintenance Bond
- Subdivision Bond
- Site Improvement Bond
- Contractor License Bond
WHY CHOOSE INSURING MINNESOTA TO HANDLE YOUR BOND?
Simply, experience, accuracy, speed, and cost. How much do surety bonds cost? It depends on the type of bond and the amount of the bond. Small bonds, such as $10,000, might cost only $125.00. Other $25,000 two-year bonds are cheap at only $219.00. Larger bonds can cost 1,000s.
We help individuals and businesses in Minnesota obtain bonding. People in general and many agents think bonding is this difficult, scary thing. But we can make it very simple in most situations.
Having an experienced bonding agent on your side makes all the difference. We listen to your needs and find the exact bond at the right price. We accomplish this by shopping multiple bonding companies and then comparing their details. Your bond must be 100% accurate; otherwise, it may be rejected, resulting in wasted time and frustration. Count on us to deliver your bond, “Picture Perfect.” Your low-cost Minnesota surety bond is just a click away.
Did you say local? Well, yes, we are. Our bonding agency is based right here in Lakeville, MN. We are just 25 minutes south of Minneapolis, in the Twin Cities. Most agents hate working with bonds, and we love them! Search for low-cost surety bonds, surety bond costs, and surety bonds in Minnesota; you will find us.
Some other types of business insurance we offer are general liability insurance, commercial auto insurance, workers compensation insurance, contractor insurance, restaurant insurance, business owners policy, tow truck insurance, and liquor liability insurance. We also offer personal insurance, car insurance, homeowners insurance, boat insurance, motorcycle insurance, life insurance.
GETTING BONDED TODAY – IT’S AS SIMPLE AS 1 – 2 – 3!
Most bonds are straightforward and can be done in just a few minutes. We are bonding experts! Most surety bonds require notarization. If you’re in the area, please feel free to stop by. We have five notaries at the agency. Otherwise, we can mail it to you, or if you’re in a rush, it can be overnighted. Working with businesses and residents throughout Minnesota, we have perfected the onboarding process to an absolute science!
1. Get your bond quote!
We are excited about helping you find the proper bond for your needs. Complete our quick quote orcalle us at 952-222-8073. Representing multiple bonding companies enables us to help you choose the right bond at the best price. Let us take the guesswork out of finding and buying your Minnesota Surety Bond.
Complete our “Quick Quote” form, and one of our experienced bonding agents will be in touch and working on your bond quote immediately.
2. Get Bonded!
Just tell us, “Yes”! We will execute your bond accurately and fast. If you’re near our office, please feel free to come in. If not, we will send it via mail, overnight if you wish.
We handle payments by phone and will confirm promptly.
3. You’re done!
No more worries, and one more thing off the list. We make bonding in Minnesota fast, easy, and affordable.
LOW SURETY BOND COST MN! PURCHASE YOUR BOND NOW!
Our goal at Insuring Minnesota is to ensure complete customer satisfaction. We want to make sure you understand the bond you are purchasing and are comfortable with every step in the process. Let us answer your questions and take care of things for you.
We have years of experience handling various types of surety bonds in Minnesota. Whether you have good credit or bad credit, 99% of our bonds are approved. Having a bonding insurance expert on your side makes all the difference.
We promise you won’t be disappointed. Helping hundreds of residents and businesses throughout Minnesota. The time is now. Don’t wait any longer. Give us a try.
