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MMBONDING
Cost calculator

What will your surety bond cost?

Pick your bond amount and credit for an instant estimate of the annual premium. Then get your exact rate from a real broker.

The face amount the obligee requires.

$
Your credit

The biggest driver of your rate.

Estimated annual premium
$375 to $750

For a $25,000 bond with good credit. You pay this premium, not the $25,000.

Get my exact rate(805) 752-8600

Estimate only. Your real rate comes from underwriting, and minimum premiums may apply.

How surety bond pricing works

The number you keep seeing, like $25,000for the contractor license bond, is the bond's face amount, the maximum a valid claim could pay. You never pay that. You pay an annual premium, a percentage of the face amount set by underwriting.

Credit is the biggest lever. Strong credit earns the lowest rates; tougher credit costs more but is still very placeable. Because we are a broker, we shop several surety markets and quote the most competitive rate you qualify for, instead of a single take-it-or-leave-it number.

Want the details by bond?

See the full breakdown on the contractor license bond cost guide, or read about surety bonds with bad credit. Ready now? Get a quote.

How much does a surety bond cost?
You pay a premium, which is a percentage of the bond amount, not the bond's face value. For most license and commercial bonds it runs roughly 1% to 15% a year, driven mostly by your credit. The calculator estimates that range for your amount.
Do I pay the full bond amount?
No. A $25,000 bond does not cost $25,000. You pay only the annual premium, a small percentage of it, which is what this tool estimates.
Why is the estimate a range, not one number?
Because your exact rate depends on the specific bond, the surety market, and your full credit profile. As a broker we shop multiple markets to land you the best available rate, then give you a firm number.
Can I get bonded with bad credit?
Usually, yes. Credit raises the rate, not the eligibility. Hard-to-place is our specialty, and we shop the markets that write credit-challenged files. Underwriting still applies.