The State of Ohio has a legal framework favorable to commercial and contract suretyship. Ohio surety bonds are required by the state, counties and municipalities for different occupational and professional licenses. There is also a strong demand for judicial bonds for use in state and federal court proceedings, and contract surety bonds to support public works. Here are some of the most popular surety bonds in Ohio.
Required by the Superintendent of Financial institutions, a $50,000 surety bond. *Bond can be increased by Superintendent.
Surety bond in the amount of $50,000 required by the Department of Insurance. *Special programs available.
A surety bond in the amount of $25,000 required from individuals and $50,000 from firms. (Multi-state surety bond discounts available.)
Required from clerks, sheriffs and their deputies in most counties. *Special surety rates available.
A surety bond in the amount of $50,000 is required by the Bureau of Motor Vehicles under specific circumstances.
Required by the Division of Financial Institutions. We also offer mortgage loan originator bonds. Bonds e-filed same day through NMLS.
A surety bond in the amount of $50,000 is required by the state pharmacy board from all Ohio medical marijuana dispensary operators.
A dishonesty bond which protects the clients of a cleaning service from loss due to janitorial employee acts.
Required to secure a civil appeal and obtain a stay of execution. Must be issued in an amount sufficient to satisfy all claims up to $50mn.
A surety bond in the amount of 150% to 200% of lien value based on statutory formula.
An Ohio surety bond is required for licenses/permits, to bond public officials, and in support of publicly funded contracts. Court and fiduciary are also common. In order to receive a quote we generally need only a complete commercial surety bond application. Larger surety bond requests and those that contain financial guarantees may requirepersonal and business financial statements. Damaged credit? New resident without a credit history? No problem! We decline NO applicant.
Ohio surety bond leader! Surety bond application review and quoting are free of charge. There is no obligation to purchase.